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Archive By Section - Nationwide


Safeway's first quarter profits jump amid cost controls; stock price drops

PLEASANTON (AP) - Grocery chain Safeway Inc. reported a sharp jump in net income for the first quarter, helped in part by strong cost controls.

April 26, 2012 | | Nationwide


Samsung Electronics reports record profit

SEOUL, South Korea (AP) - Samsung Electronics Co., the world's largest consumer electronics firm by revenues, on Friday reported a record-high profit as strong smartphone sales helped mask a drop in semiconductor and TV profit.

April 26, 2012 | | Nationwide


Chrysler posts best quarterly profit in 13 years

DETROIT (AP) - Chrysler had its best quarterly profit in 13 years. Not bad for a company that almost died three years ago.

April 26, 2012 | | Nationwide


Senate votes to slow closing of post offices

WASHINGTON (AP) - The Senate offered a lifeline to the nearly bankrupt U.S. Postal Service on Wednesday, voting to give the struggling agency an $11 billion cash infusion while delaying controversial decisions on closing post offices and ending Saturday delivery.

April 25, 2012 | | Nationwide


Ancestry.com acquiring Archives.com for $100M

PROVO, Utah (AP) - Ancestry.com Inc. will acquire rival family history website Archives.com for about $100 million in cash and assumed liabilities, the companies announced Wednesday.

April 25, 2012 | | Nationwide


Apple's blowout quarter propels Nasdaq to big gain

NEW YORK (AP) - The Nasdaq composite index shot 2 percent higher Wednesday, powered by a surge in Apple. The iPhone maker's stock climbed $50 after the company once again blew past Wall Street's profit forecasts.

April 25, 2012 | | Nationwide


House to vote Friday on student loans

WASHINGTON (AP) - In an escalating election-year clash, the House will vote Friday on a $5.9 billion Republican bill preventing interest rates on federal student loans from doubling this summer, paid for by cutting money from President Barack Obama's health care overhaul law.

April 25, 2012 | | Nationwide


Animal welfare activists get it their way at Burger King

NEW YORK (AP) - In a boost to animal welfare activists looking to get livestock out of cramped cages, Burger King will be the first major U.S. fast-food chain to give all of its chickens and pigs some room to roam.

April 25, 2012 | | Nationwide


Google launches storage service for personal files

SAN JOSE (AP) - Google is hoping to build the world's largest digital filing cabinet in the latest attempt to deepen people's dependence on its services.

April 24, 2012 | | Nationwide


New case of mad cow disease in California

WASHINGTON (AP) - The first new case of mad cow disease in the U.S. since 2006 has been discovered in a dairy cow in California, but health authorities said Tuesday the animal never was a threat to the nation's food supply.

April 24, 2012 | | Nationwide


Mad cow case found, but meat supply deemed safe

U.S. officials announced a case of mad cow disease in a dairy cow in California. It is only the fourth such case detected in the U.S. since the first case was identified in 2003.

April 24, 2012 | | Nationwide


Apple trumps expectations, sells 35M iPhones in 2Q

CUPERTINO (AP) - Apple Inc., the world's most valuable company, trumped skeptics once again by reporting blowout iPhone sales.

April 24, 2012 | | Nationwide


Monthly smartphone bills down at AT&T

NEW YORK (AP) - Hidden in AT&T Inc.'s financial statements is a story that runs counter to its optimistic profit projections: The company is generating less revenue from each new smartphone subscriber.

April 24, 2012 | | Nationwide


Apple's squeeze hits phone companies, other competitors

CUPERTINO (AP) - Apple is set to report another record quarterly profit on Tuesday, continuing the relentless string of results that's made it the world's most valuable company. Those profits don't come out of thin air: A range of businesses -from the company's wireless carrier friends to its PC-making foes- are seeing their profits melt away and flow to Apple's bottom line.

April 23, 2012 | | Nationwide


Facebook’s 1st quarter net income falls

MENLO PARK (AP) - Facebook's first-quarter net income fell 12 percent, weighed down by higher expenses even as its revenue soared, the social networking company said Monday, just a few weeks ahead of its expected initial public offering in May.

April 23, 2012 | | Nationwide


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Articles by Section - Nationwide


No pay for Amazon warehouse security checks

WASHINGTON (AP) - The Supreme Court ruled Tuesday that warehouse workers who fill orders for retail giant Amazon don't have to be paid for time spent waiting to pass through security checks at the end of their shifts.

December 09, 2014 | | Nationwide


Ice bucket, Brazil elections popular on Facebook in 2014

MENLO PARK (AP) - Day after day, Facebook captures our best and worst moments, from the birth of a new baby to heated political spats. So what got discussed the most in 2014? The Ice Bucket Challenge and the death of Robin Williams, to name a few.

December 09, 2014 | | Nationwide


IRS paid $6 billion in bogus child tax credits

WASHINGTON (AP) - The IRS paid at least $6 billion in child tax credits in 2013 to people who weren't eligible to receive them, a government investigator said Tuesday.

December 09, 2014 | | Nationwide


Gas to average $2.60 next year

WASHINGTON (AP) - The Energy Department again slashed its prediction for next year's average price of gasoline across the U.S., this time to $2.60 a gallon. That would be 23 percent below this year's projected average and the lowest full-year average since 2009.

December 09, 2014 | | Nationwide


Get ready for 3% down home loans

WASHINGTON (AP) - Some Americans will soon be able to buy a home with a down payment as low as 3 percent, compared with the current minimum of 5 percent, the mortgage giants Fannie Mae and Freddie Mac say.

December 08, 2014 | | Nationwide


BIG MAC ATTACKS DECLINING

NEW YORK (AP) - Hold the pickles, onions and special sauce. The Big Mac is becoming a victim of finicky tastes.

December 08, 2014 | | Nationwide


Portland asks judge to stop Uber

PORTLAND, Ore. (AP) - Portland leaders are trying to make Uber's stay a short one.

December 08, 2014 | | Nationwide


Average Affordable Care premiums going up in 2015

WASHINGTON (AP) - Many people covered under President Barack Obama's health care law will face higher premiums next year, the administration acknowledged Thursday. While the average increases are modest, it's more fodder for the nation's political battles over health care.

December 04, 2014 | | Nationwide


Starbucks to push more food, offer mobile ordering

NEW YORK (AP) - Starbucks plans to let customers across the U.S. order ahead on their smartphones over the next year, a move that should help shrink lines as it pushes more snacks, sandwiches and even wine.

December 04, 2014 | | Nationwide


Apple says plaintiffs’ iPods not covered by suit

SAN FRANCISCO (AP) - For want of an iPod, a billion-dollar lawsuit may be in jeopardy.

December 04, 2014 | | Nationwide


Medicare Advantage enrollment deadline looms

Millions of Medicare Advantage customers are fast approaching a deadline for a task they'd rather avoid: Researching and then settling on coverage plans for 2015.

December 03, 2014 | By TOM MURPHY AP Business Writer | Nationwide


Air bag maker balks at coast-to-coast recall

WASHINGTON (AP) - Japan's Takata Corp. rejected federal regulators' demand Wednesday for an expanded, nationwide recall of millions of air bags, setting up a possible legal showdown and leaving some drivers to wonder about the safety of their cars.

December 03, 2014 | | Nationwide


House OKs bill to widen federal help for disabled

WASHINGTON (AP) - In a bipartisan show of unity, the House overwhelmingly approved a bill Wednesday to allow Americans with disabilities to open tax-free bank accounts to pay for expenses from education to housing and health care.

December 03, 2014 | | Nationwide


Girl Scouts byting into digital for cookie sales

NEW YORK (AP) - Watch out world, the Girl Scouts are going digital to sell you cookies.

December 02, 2014 | | Nationwide


Cyber Monday gives retailers sales bump

NEW YORK (AP) - Cyber Monday is turning into Cyber Month.

December 02, 2014 | | Nationwide


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