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Archive By Section - Nationwide


Facebook buys patents from IBM to defend itself in pending lawsuits

MENLO PARK (AP) - Facebook has acquired patents from IBM as it girds itself for litigation, including a lawsuit by Yahoo.

March 22, 2012 | | Nationwide


Senator: Employers shouldn't seek site passwords

SEATTLE (AP) - A Democratic senator from Connecticut is writing a bill that would stop the practice of employers asking job applicants for their Facebook or other social media passwords, he told The Associated Press on Thursday.

March 22, 2012 | | Nationwide


Unemployment aid applications hit 4-year low

WASHINGTON (AP) - The number of people seeking U.S. unemployment aid fell to a four-year low last week, bolstering the view that the job market is strengthening.

March 22, 2012 | | Nationwide


Home re-sales complete best winter in 5 years

WASHINGTON (AP) - U.S. home sales are gradually coming back. A mild winter and a stronger job market have helped boost sales ahead of the crucial spring buying season.

March 21, 2012 | | Nationwide


Rising gas prices ignite growing political rhetoric in presidential race

MALJAMAR, N.M. (AP) - Wooing a nation of increasingly angry motorists, President Barack Obama and his Republican rivals are all plunging into gas-pump politics, seeking the upper hand as energy becomes a driving issue in the election campaign.

March 21, 2012 | | Nationwide


Oil prices rise on unexpected supply drop

NEW YORK (AP) - One day after the price of benchmark crude took the biggest one-day drop this year, it headed up again.

March 21, 2012 | | Nationwide


Safeway, Lucky stop buying "pink slime" meat products

PORTLAND, Ore. (AP) - At least three national supermarket operators have decided to stop buying ground beef that contains the filler now known as "pink slime."

March 21, 2012 | | Nationwide


COMMERCE CORNER

DIAMOND FOODS SUSPENDS DIVIDENDS: SAN FRANCISCO (AP) - Diamond Foods Inc. is suspending its dividend payments to stockholders under a new credit agreement.

March 21, 2012 | | Nationwide


Builders betting on brighter US housing market

WASHINGTON (AP) - U.S. builders are betting that the housing market is finally on the path back to health.

March 20, 2012 | | Nationwide


Employers ask job seekers for Facebook passwords

SEATTLE (AP) - When Justin Bassett interviewed for a new job, he expected the usual questions about experience and references. So he was astonished when the interviewer asked for something else: his Facebook username and password.

March 20, 2012 | | Nationwide


Oracle bounces back in 3Q on new software sales

REDWOOD CITY (AP) - Sales of new software licenses at Oracle accelerated in the latest quarter, easing concerns about customers defecting to less expensive alternatives on the Internet.

March 20, 2012 | | Nationwide


Reports: HP to combine printer, PC divisions

SANTA CLARA (AP) - Hewlett-Packard Co. is combining its printing and PC units to save money, according to published reports.

March 20, 2012 | | Nationwide


Apple to pay dividend, start stock buybacks as value per share closes at more than $600

CUPERTINO (AP) - Apple is finally acknowledging that it has more money than it needs. But don't expect it to cut prices on iPhones and iPads. Instead, the company said on Monday that it will reward its shareholders with a dividend and a stock buyback program.

March 19, 2012 | | Nationwide


Verizon CEO 's pay rose in 2011, despite retiring

NEW YORK (AP) - Despite retiring as CEO of Verizon Communications Inc. in August, Ivan Seidenberg earned more in 2011 than he did in the last two full years of work.

March 19, 2012 | | Nationwide


Adobe Systems posts lower 1Q net income

SAN JOSE, Calif. (AP) - Adobe Systems Inc. said Monday that its fiscal first-quarter net income fell 21 percent, weighed by higher operating costs even as revenue climbed.

March 19, 2012 | | Nationwide


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Articles by Section - Nationwide


Tech firms hint at more restraint

SAN FRANCISCO (AP) - Technology's big-spending trio of Google, Facebook, and Amazon.com appear to be tightening their belts - at least a notch - in a concession to cost-conscious investors and a strong dollar that's taking a big bite out of their revenue.

February 02, 2015 | | Nationwide


Apple plans to sell as much as $6.5B in bonds

CUPERTINO (AP) - Apple is planning another large bond sale at a time when investors are paying near record premiums for high-quality bonds.

February 02, 2015 | | Nationwide


Viewership record for Super Bowl

NEW YORK (AP) - An estimated 114.4 million people watched New England's thrilling win over Seattle, making it the fifth time in six years that a Super Bowl game has set a record for the most-watched event in U.S. television history.

February 02, 2015 | | Nationwide


HP boss gets raise despite slump

PALO ALTO (AP) - Hewlett-Packard boss Meg Whitman has graduated from the dollar-a-year club, as the struggling company prepares to split up.

February 02, 2015 | | Nationwide


What does Apple do next?

CUPERTINO (AP) - Apple CEO Tim Cook says consumer demand for new iPhones has been "staggering" and "hard to comprehend." That helped the company report record-smashing earnings for its latest quarter and sent the stock climbing more than 7 percent on Wednesday.

January 28, 2015 | | Nationwide


Facebook beats profit expectations

MENLO PARK (AP) - For the seventh quarter in a row Facebook beat profit and revenue forecasts, continuing to win more mobile advertising revenue as most users shift to using the site on smartphones and other portable devices.

January 28, 2015 | | 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


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