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Archive By Section - Nationwide


Will Facebook deliver an IPO surprise?

NEW YORK (AP) - Facebook founder Mark Zuckerberg turns up at business conventions in a hoodie. "Cocky" is the word used to describe him most often, after "billionaire." He was Time's person of the year at 26.

January 31, 2012 | | Nationwide


Lower returns to raise CalSTRS' unfunded liability

SACRAMENTO (AP) - California's teacher retirement system should lower expectations on its investment earnings in a move that could increase the unfunded liability for the nation's second largest pension fund by nearly $6 billion and require taxpayers to chip in more, according to a consultant's report submitted ahead of the pension board's meeting Thursday.

January 31, 2012 | | Nationwide


Business nation briefs

UNION PACIFIC RECORDS RECORD PROFITS: GILLETTE, Wyo. (AP) - Union Pacific says it was more profitable in 2011 than ever before due in part to coal shipments from Wyoming's Powder River Basin.

January 31, 2012 | | Nationwide


About J.C. Penney's CEO Ron Johnson

NEW YORK (AP) - NAME: Ron Johnson

January 30, 2012 | | Nationwide


JC Penney CEO talks about the chain

NEW YORK (AP) - Everyone in the retail world wants to see if Ron Johnson can work his magic a third time.

January 30, 2012 | | Nationwide


Tech companies team up to combat email scams

NEW YORK (AP) - Google, Facebook and other big tech companies are jointly designing a system for combating email scams known as phishing.

January 30, 2012 | | Nationwide


Private sector unions add members as jobs return

WASHINGTON (AP) - Union membership grew slightly last year, giving labor leaders hope that a period of steep declines has finally bottomed out.

January 27, 2012 | | Nationwide


279,000 federal workers owe IRS back taxes in excess of $3.4 billion & growing

WASHINGTON (AP) - President Barack Obama has preached that all Americans should pay their fair share in taxes, but a government report finds that tens of thousands of federal employees - from staffers in Congress to federal agencies and even Obama's executive office - collectively owe the government billions in back taxes.

January 27, 2012 | | Nationwide


American economy not healthy yet, but it's healing as growth starts picking up

WASHINGTON (AP) - The American economy may not be truly healthy yet, but it's healing.

January 27, 2012 | | Nationwide


Business nation briefs

PG&E FINED $16.8M FOR SHODDY GAS LEAK SURVEYS: SAN FRANCISCO (AP) - State regulators plan to fine Pacific Gas & Electric Co. $16.8 million for failing to perform gas leak surveys in the wake of a deadly pipeline explosion in a San Francisco suburb in 2010.

January 27, 2012 | | Nationwide


Geezers &floozies

Q: I'm part of a group of old geezers who gets together every week at the local coffee place. Social Security is a frequent topic of conversation. At our last meeting, the subject of benefits for divorcees came up.

January 27, 2012 | | Nationwide


Why is investment income taxed less than wage income?

WASHINGTON (AP) - Why do Mitt Romney and other wealthy investors pay lower taxes on the income they make from investments than they would if they earned their millions from wages? Because Congress, through the tax code, has long treated investment more favorably than labor, seeing it as an engine for economic growth that benefits everyone.

January 27, 2012 | | Nationwide


Facebook IPO could value it among top firms with value between $75 billion & $100 billion

LOS ANGELES (AP) - When Facebook makes its long-expected debut as a public company this spring, the social-networking company will likely vault into the ranks of the largest public companies in the world, alongside McDonald's, Amazon.com and Bank of America.

January 27, 2012 | | Nationwide


Behind Obama's financial aid 'shopping sheets'

NEW YORK (AP) - President Barack Obama wants to make it easier to size up the cost of college.

January 27, 2012 | | Nationwide


Smokers need not apply for Ohio casinos jobs

CINCINNATI (AP) - Smokers won't be hired at new casinos in Columbus and Toledo, a ban that's been adopted in other industries as employers try to hold down health care costs.

January 26, 2012 | | Nationwide


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Articles by Section - Nationwide


iPhone glass maker to cut 727 jobs at Arizona plant

MESA, Ariz. (AP) - A manufacturer of sapphire glass that Apple Inc. uses in iPhones plans to eliminate 727 jobs at an Arizona plant.

October 16, 2014 | | Nationwide


Google tries to upstage Apple

MOUNTAIN VIEW (AP) - Google is coming out with bigger, more expensive versions of its Nexus phone and tablet to attract more of the affluent consumers who faithfully buy each new generation of Apple's iPhone and iPad. It's also releasing a new streaming video and music device, Nexus Player, to compete with Apple TV and Roku, among others.

October 15, 2014 | | Nationwide


Netflix’s stock plunges, subscriber growth slips

SAN FRANCISCO (AP) - This is a sequel that Netflix shareholders never wanted to see: The world's largest Internet video service has once again turned off potential viewers with a price increase that is punishing the company's stock price.

October 15, 2014 | | Nationwide


HBO Go-ing away from cable, will stand on its own

NEW YORK (AP) - Next year HBO is cutting the cord and selling its popular streaming video service HBO Go as a stand-alone product, as more Americans choose to watch the Web, not the TV. Viewers longing to see "Game of Thrones", "True Detective" and "Veep" will no longer have to pay big bucks for cable and satellite contracts. So, is this the end of pay-TV as we know it?

October 15, 2014 | | Nationwide


Wal-Mart cuts sales outlook due to economy

NEW YORK (AP) - Wal-Mart Stores Inc. cut its revenue outlook for its current fiscal year as it announced it is scaling back its expansion plans for its supercenters next year and stepping up investments in its online operations.

October 15, 2014 | | Nationwide


HP resumes buyback of stock

PALO ALTO (AP) - PC maker Hewlett-Packard said Wednesday it is resuming buybacks and reaffirmed its guidance for 2014 and 2015.

October 15, 2014 | | Nationwide


Twitter to be used for payments at French stores

PARIS (AP) - Did someone spot you money for lunch two weeks ago? In France, Twitter users can now publicly repay debts, donate to charity or chip in for a gift with a new payment service backed by the country's second-largest banking service.

October 14, 2014 | | Nationwide


Can dentists legally bar teeth-whitening competition?

WASHINGTON (AP) - Teeth-bleaching isn't brain surgery, although the Supreme Court seemed to find a link between the two in an antitrust case argued Tuesday.

October 14, 2014 | | Nationwide


Education group snuffs out tobacco ties

RICHMOND, Va. (AP) - In a quick about-face, the National School Boards Association is cutting ties with the nation's second-biggest cigarette maker, R.J. Reynolds Tobacco Co.

October 14, 2014 | | Nationwide


Macy’s to open even earlier on Thanksgiving

NEW YORK (AP) - Macy's Inc. is opening its stores at 6 p.m. on Thanksgiving Day, two hours earlier than last year, to lure holiday shoppers.

October 14, 2014 | | Nationwide


FDA: little evidence to drop Chantix boxed suicide warning

WASHINGTON (AP) - Federal regulators say Pfizer has provided low-quality evidence to support its request to remove a bold-letter warning from its anti-smoking drug Chantix about suicidal behavior.

October 14, 2014 | | Nationwide


Yelp battles extortion claims

SAN FRANCISCO (AP) - First the chefs of a small Italian restaurant got mad at online review site Yelp. Instead of trying to get better reviews, they decided to take a different approach: get terrible ones.

October 13, 2014 | | Nationwide


Banks harvest callers’ voiceprints from recordings to fight fraud

LONDON (AP) - "This call may be monitored."

October 13, 2014 | | Nationwide


Aaron’s rent-to-own to pay $28 million

LOS ANGELES (AP) - The nation's second-largest chain of rent-to-own furniture and appliance stores has agreed to pay $28.4 million to settle a case in which it allegedly violated California's consumer protection and privacy laws, attorney general Kamala Harris announced Monday.

October 13, 2014 | | Nationwide


Houston Astros improvement costs mogul

HOUSTON (AP) - The Houston Astros' improvement this year from baseball's worst team cost a Houston furniture mogul Jim McIngvale more than $4 million to make good on a promise to fans.

October 13, 2014 | | Nationwide


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