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Business nation briefs

MOTOROLA SUFFERS 4Q LOSS AS GOOGLE SALE LOOMS: LIBERTYVILLE, Ill. (AP) - Motorola Mobility sank to a fourth-quarter loss while trying to close its proposed $12.5 billion sale to Google. The setback, announced Thursday, came amid fierce competition in the markets for smartphones and tablet computers.

January 26, 2012 | | Nationwide


Fed says full recovery could take 3 more years

WASHINGTON (AP) - The Federal Reserve signaled Wednesday that a full economic recovery could take nearly three more years, and it went further than ever to assure consumers and businesses that they will be able to borrow cheaply well into the future.

January 26, 2012 | | Nationwide


Netflix customers return stock soars

SAN FRANCISCO (AP) - Netflix has regained almost as many customers as it lost following an unpopular price increase, signaling that the video subscription service is healing from its self-inflicted wounds.

January 26, 2012 | | Nationwide


Apple briefly passes Exxon as most valuable firm

NEW YORK (AP) - Apple briefly surpassed Exxon as the most valuable U.S. company after an excellent quarter, though the oil company has regained the lead at the market's close.

January 26, 2012 | | Nationwide


Fed says full recovery could take 3 more years

WASHINGTON (AP) - The Federal Reserve signaled Wednesday that a full economic recovery could take nearly three more years, and it went further than ever to assure consumers and businesses that they will be able to borrow cheaply well into the future.

January 25, 2012 | | Nationwide


Netflix customers return stock soars

SAN FRANCISCO (AP) - Netflix has regained almost as many customers as it lost following an unpopular price increase, signaling that the video subscription service is healing from its self-inflicted wounds.

January 25, 2012 | | Nationwide


Apple briefly passes Exxon as most valuable firm

NEW YORK (AP) - Apple briefly surpassed Exxon as the most valuable U.S. company after an excellent quarter, though the oil company has regained the lead at the market's close.

January 25, 2012 | | Nationwide


Apple doubles iPhone sales in 1Q

CUPERTINO (AP) - The iPhone is taking over Apple.

January 24, 2012 | | Nationwide


Payroll tax negotiations open amid optimism

WASHINGTON (AP) - Negotiations to renew a payroll tax cut for 160 million workers and jobless benefits for millions more kicked off on Capitol Hill on Tuesday, with both sides optimistic of an agreement despite last year's bitter battles over President Barack Obama's jobs proposals.

January 24, 2012 | | Nationwide


Verizon posts $2B 4Q loss on pension plan; iPhone usage gamble

NEW YORK (AP) - Verizon paid dearly to put iPhones in the hands of subscribers in the latest quarter, holding back its profits in the hope that its customers will rack up higher monthly bills and stay loyal.

January 24, 2012 | | Nationwide




Study finds tablet, e-book ownership soared in 90 days

SAN FRANCISCO (AP) - Tablets and e-readers were a popular gift over the holidays, so much so that the number of people who own them nearly doubled between mid-December and January, a new study finds.

January 23, 2012 | | Nationwide


Starbucks adding brew that can get you a different kind of buzz

SEATTLE (AP) - Starbucks Corp., the company that proved there's no such thing as paying too much for a cup of coffee, is expanding its experiment with two other elixirs that Americans love, wine and beer.

January 23, 2012 | | Nationwide


Fed likely to hint of no rate increase in works before 2014

WASHINGTON (AP) - It could be quite a while yet before the Federal Reserve starts raising the interest rates it's kept at record lows for three years.

January 23, 2012 | | Nationwide


Business nation briefs

INTEL BUYS INFINIBAND UNIT FROM QLOGIC FOR $125M: SANTA CLARA (AP) - Intel Corp. on Monday said it had agreed to buy Qlogic Corp.'s line of Infiniband adapters, used to tie processors together into supercomputing clusters, for $125 million.

January 23, 2012 | | Nationwide


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Articles by Section - Nationwide


Asbestos sales flourish in Asia

VAISHALI, India (AP) - The executives mingled over tea and sugar cookies, and the chatter was upbeat. Their industry, they said at the conference in the Indian capital, saves lives and brings roofs, walls and pipes to some of the world's poorest people.

August 12, 2014 | | Nationwide


‘Advanced Warfare’ jumps Call of Duty predecessors

FOSTER CITY (AP) - It feels like a well-armed Christmas morning at Sledgehammer Games.

August 11, 2014 | | Nationwide


Postal Service loses $2 billion this past spring

WASHINGTON (AP) - The U.S. Postal Service lost $2 billion this spring despite increasing its volume and charging consumers more money to send mail, officials said Monday.

August 11, 2014 | | Nationwide


FDA OKs DNA-based test for colon cancer

WASHINGTON (AP) - The Food and Drug Administration on Monday approved the first screening test for colon cancer that uses patients' DNA to help spot potentially deadly tumors and growths.

August 11, 2014 | | Nationwide


Yelp CEO reviews own business

SAN FRANCISCO (AP) - After Yelp posted the first quarterly profit in its history last week, the online business review site got panned on Wall Street. The company's stock plummeted 11 percent the day after the results came out, wiping out its gains for the year.

August 06, 2014 | | Nationwide


Ways to create better, stronger passwords

NEW YORK (AP) - With the recent news that a Russian hacker ring has amassed some 1.2 billion username and password combinations, it's a good time to review ways to protect yourself online.

August 06, 2014 | | Nationwide


Spiked Sprint- T-Mobile deal may mean lower plan prices

NEW YORK (AP) - The collapse of Sprint's push to buy T-Mobile US could mean fresh options in wireless plans and lower prices for U.S. consumers. But in the long run, tougher competition on prices could lead to slower service and slower expansion of coverage.

August 06, 2014 | | Nationwide


Pandora cuts first-ever direct deal

LOS ANGELES (AP) - Internet radio leader Pandora has come to its first-ever direct licensing deal with artists, a wide-ranging agreement with independent label group Merlin that both said would mean higher payments to artists and more play for them on Pandora stations.

August 06, 2014 | | Nationwide


Wealth gap is slowing growth

WASHINGTON (AP) - Economists have long argued that a rising wealth gap has complicated the U.S. rebound from the Great Recession.

August 05, 2014 | | Nationwide


Obama seeks executive ways to limit ways to shrink taxes

WASHINGTON (AP) - Aiming to sidestep a logjam in Congress, the Obama administration is looking for steps it could take on its own to prevent American companies from reincorporating overseas to shirk U.S. taxes, officials said Tuesday.

August 05, 2014 | | Nationwide


Boom in aspiring real estate brokers

MIAMI (AP) - To motivate a classroom packed with 87 aspiring real estate agents, instructor Keith Grandy started off his one-week, intensive course with the promise of big money: With hard work, fresh licensees in the Miami metro area could make $100,000 a year if they complete at least two transactions per month, according to current property prices and commissions.

August 05, 2014 | | Nationwide


Office Depot loss widens as expenses rise

BOCA RATON, Fla. (AP) - Office Depot's second-quarter loss widened as the office supply retailer dealt with increased expenses.

August 05, 2014 | | Nationwide


Closer Look: Secure your phone without passcodes

NEW YORK - Passcodes are outdated.

August 04, 2014 | By ANICK JESDANUN AP Technology Writer | Nationwide


Wal-Mart’s website to personalize shopping to compete with Amazon

NEW YORK (AP) - Wal-Mart, in its latest bid to compete with nemesis Amazon.com, is rebuilding its website to further personalize the online shopping experience of each customer.

August 04, 2014 | | Nationwide


Judge reinstates $1.5M unshuffled cards suit

ATLANTIC CITY, N.J. (AP) - A case pitting a casino against gamblers who won $1.5 million in a game with unshuffled card decks may be heading toward trial.

August 04, 2014 | | Nationwide


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