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Archive By Section - Nationwide


CBO warns of US economy falling off 'fiscal cliff'

WASHINGTON (AP) - A new government study released Tuesday says that allowing Bush-era tax cuts to expire and a scheduled round of automatic spending cuts to take effect would probably throw the economy into a recession.

May 22, 2012 | | Nationwide


Ford to get blue oval back after 2nd upgrade

DETROIT (AP) - Ford Motor Co. is getting its blue oval logo back.

May 22, 2012 | | Nationwide


Revolt against Wal-Mart board members?

NEW YORK (AP) - Two leading proxy adviser firms are telling Wal-Mart shareholders to vote against certain board members up for re-election next week, saying the directors neglected their responsibility in an alleged bribery scheme in Wal-Mart's Mexican operations.

May 21, 2012 | | Nationwide


Economists more upbeat about job growth

NEW YORK (AP) - A new survey shows economists are growing slightly more optimistic about recovery in the job and housing markets but expect other pillars of the economy to remain weak.

May 21, 2012 | | Nationwide


Facebook drops 11% as stock market rallies

NEW YORK (AP) - Facebook was supposed to soar. Instead, it plunged.

May 21, 2012 | | Nationwide


Say what? The odyssey of Kraft's new name

NEW YORK (AP) - "MONDEWHAAAAT?"

May 21, 2012 | | Nationwide


Sudden wealth like Facebook is part of Silicon Valley's everyday business scene

MENLO PARK, Calif. (AP) - In Silicon Valley, where sudden wealth is hardly something new and CEOs favor hoodies over bespoke blazers, Facebook's IPO on Friday didn't bring everyday life to a halt.

May 18, 2012 | | Nationwide


Facebook stock closes nearly flat in debut

NEW YORK (AP) - It was barely a "like" and definitely not a "love" from Facebook investors as the online social network's stock failed to live up to the hype in its trading debut Friday.

May 18, 2012 | | Nationwide


Expect lower gas prices heading into Memorial Day

NEW YORK (AP ) - If you're lucky enough to live in some parts of the United States, you may see gas pump prices fall to around $3.25 a gallon or less in the next week or two. Even West Coast drivers should get some relief from prices that are still above $4 a gallon.

May 18, 2012 | | Nationwide


Silver Legacy Resort files for bankruptcy

RENO, Nev. (AP) - The Silver Legacy Resort Casino has filed for Chapter 11 bankruptcy, but its owners said it won't affect the ongoing operations or any of the 1,800 employees at one of the largest hotel-casinos in northern Nevada.

May 18, 2012 | | Nationwide


Medicare enrollment

Regular readers of this column know that I don't like to get into Medicare issues. I retired in 2005 following a 32 year career with the Social Security Administration.

May 18, 2012 | | Nationwide


MUCH ADO ABOUT FACEBOOK

Facebook's debut on the stock market was preceded by epic hype, delayed by a technical glitch and tracked minute-by-minute by investors around the world. In the end, the fuss was over a gain of 23 cents.

May 18, 2012 | | Nationwide


Kraft Foods lowers prices on select coffee

NEW YORK (AP) - That morning cup is getting cheaper.

May 18, 2012 | | Nationwide


GM : Super Bowl ads too expensive, bows out

DETROIT (AP) - For General Motors, the price isn't right when it comes to an ad during next year's Super Bowl.

May 18, 2012 | | Nationwide


Stiff tariffs in works on China solar panels

WASHINGTON (AP) - The Obama administration moved Thursday to impose stiff new tariffs on solar panels made in China, finding that Chinese companies are improperly flooding the U.S. market with government-subsidized products.

May 17, 2012 | | Nationwide


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Articles by Section - Nationwide


Frenzy forces Vegas White Castle to close

LAS VEGAS (AP) - A 24-hour White Castle location on the Las Vegas Strip that opened to long lines of the burger chain's fans had to close for more than two hours to restock after its grand opening.

January 28, 2015 | | Nationwide


What! Facebook’s down? No storm selfies during outage

MENLO PARK (AP) - No storm selfies, hookups, status updates. With Facebook and Instagram down for nearly an hour overnight, what were legions of users to do?

January 27, 2015 | | Nationwide


iPhone sales smash records

CUPERTINO (AP) - Apple had another blowout quarter thanks to its new plus-sized iPhones, which helped the company smash sales records for the holiday season.

January 27, 2015 | | Nationwide


Yahoo spinning off Alibaba stake

SUNNYVALE (AP) - Yahoo CEO Marissa Mayer is spinning off the company's $39 billion stake in China's Alibaba Group Holding in a move that wards off a potential shareholder rebellion.

January 27, 2015 | | Nationwide


Parking garages fall to the wrecking ball

DES MOINES, Iowa (AP) - They were supposed to be saviors of downtown, drawing people by offering parking as plentiful as at any suburban shopping mall.

January 27, 2015 | | Nationwide


IBM denies report of mass layoffs

SAN FRANCISCO (AP) - Calling it "ridiculous" and "baseless," IBM on Monday dismissed a report that said the technology giant plans to lay off 1 in 4 of its workers, or 100,000 people.

January 26, 2015 | | Nationwide


Microsoft earnings report doesn’t excite

SAN FRANCISCO (AP) - Big jumps in sales of its Surface tablets, cloud computing software and Lumia smartphones drove Microsoft's quarterly revenue above expectations, as CEO Satya Nadella continues to steer toward the mobile gadget market and shift Microsoft away from its traditional focus on the PC.

January 26, 2015 | | Nationwide


Starbucks’ 1Q profits soar on strong traffic

NEW YORK (AP) - Starbucks Corp.'s fiscal first-quarter earnings soared 82 percent as the coffee chain attracted more customers around the globe who snapped up an expanded offering of food and drinks over the holidays.

January 22, 2015 | | Nationwide


Microsoft to show off more Windows 10 features today

REDMOND, Washington (AP) - Microsoft will use an event today to offer a wider glimpse of the next version of Windows.

January 20, 2015 | | Nationwide


Netflix adds 4.3M more subscribers

SAN FRANCISCO (AP) - Coming off its best quarter yet, Netflix is accelerating its international expansion in hopes its original programming will hook millions more subscribers on the Internet video service.

January 20, 2015 | | Nationwide


US settles case over fake Facebook page

WASHINGTON (AP) - The Justice Department has reached a $134,000 settlement with a New York woman after federal drug agents used information from her cellphone to set up a fake Facebook page in her identity, a tactic that raised privacy concerns and led to a federal government review of the ruse, according to court papers filed Tuesday.

January 20, 2015 | | Nationwide


Twitter buys ZipDial in bid for users in emerging markets

SAN FRANCISCO (AP) - Twitter said Tuesday that it plans to buy Indian mobile marketing company ZipDial as it tries to reach new users in developing regions.

January 20, 2015 | | Nationwide


Does Airbnb help or hurt affordable housing?

NEW YORK (AP) - They cater to travelers, but Airbnb and other short-term rental sites are sparking debate over an issue few tourists are likely to unpack: affordable housing.

January 20, 2015 | | Nationwide


Cheap oil means spending changes

WASHINGTON (AP) - Cheap oil doesn't only mean cheaper gas in the tank. It means that a car dealer in Illinois is shuffling the inventory of models he'll be selling, that more students in Wisconsin may get school-provided iPads, that some planned projects in a Southern California city will get delayed, and that some expected oilfield hiring in North Dakota and Texas may not happen.

January 19, 2015 | | Nationwide


BUSINESS NEWS

• AMAZON BRANCHING OUT FROM TV SERIES TO MOVIE PRODUCTION: SEATTLE (AP) - Amazon Studios is branching out from television series to movies, announcing plans to begin producing and acquiring original movies for theatrical release and, within weeks, video streaming.

January 19, 2015 | | Nationwide


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