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Archive By Section - Nationwide


Stocks inch higher; investors optimistic

It was another record day on Wall Street - barely.

July 12, 2013 | | Nationwide


Retailers, Costco report strong gains for June

NEW YORK (AP) - June sales heated up for stores, in a sign that Americans likely will continue to spend during the important back-to-school shopping season.

July 11, 2013 | | Nationwide


US reports rare $1.6B surplus

WASHINGTON (AP) - The federal government on Thursday reported a rare surplus of $116.5 billion in June, the largest for a single month in five years. The gain kept the nation on track for its lowest annual deficit in five years.

July 11, 2013 | | Nationwide


Rate on 30-year mortgage hits 4.51%

WASHINGTON (AP) - The average U.S. rate on the 30-year fixed mortgage rose this week to 4.51 percent, a two-year high. Rates have been rising on expectations that the Federal Reserve will slow its bond purchases this year.

July 11, 2013 | | Nationwide


For Amazon, another role

SEATTLE (AP) - Online retailer Amazon.com Inc. will start publishing more original comics through its new imprint, Jet City Comics.

July 11, 2013 | | Nationwide


Unemployment benefit inqueries rise to 360K

WASHINGTON (AP) - The number of people applying for U.S. unemployment benefits rose 16,000 last week to a seasonally adjusted 360,000, although the level remains consistent with steady hiring.

July 11, 2013 | | Nationwide


Microsoft reboots with sweeping reorganization

SAN FRANCISCO (AP) - Microsoft Corp. has decided its entire business needs a new operating system.

July 11, 2013 | | Nationwide


Oil prices rise on signs of US demand

NEW YORK (AP) - The price of oil has shot up $11 a barrel in two weeks on rising demand in the U.S. and political upheaval in the Middle East. Gas prices are about to follow.

July 10, 2013 | | Nationwide


Stocks unfazed by Reserve’s minutes

NEW YORK (AP) - The stock market turned quiet Wednesday and just managed to notch a fifth straight day of gains.

July 10, 2013 | | Nationwide


Judge: Apple, late Jobs conspired to raise prices

NEW YORK (AP) - Apple Inc. milked the popularity of its iTunes store to form an illegal cartel with publishers to raise electronic book prices, a federal judge ruled Wednesday, citing "compelling evidence" from the words of the late Steve Jobs.

July 10, 2013 | | Nationwide


T-Mobile to allow frequent upgrades

NEW YORK (AP) - Ever worry about buying a new phone, only to see a better one come out just two weeks later? Phone companies normally make you wait two years before upgrading to a new device. T-Mobile will now let you upgrade twice a year for just $10 a month.

July 10, 2013 | | Nationwide


Barnes & Noble CEO Lynch resigns

NEW YORK (AP) - Barnes & Noble Inc. said Monday that William Lynch has stepped down as CEO, effective immediately, as the book retailer continues to struggle with weak sales, big losses and the declining popularity of its Nook e-readers.

July 08, 2013 | | Nationwide


Stocks rise as earnings kick off

NEW YORK (AP) - Cautious optimism about corporate earnings sent the stock market higher Monday.

July 08, 2013 | | Nationwide


Regulators want stricter rules for ‘Big 8’ banks

WASHINGTON (AP) - Regulators want to require eight of the largest U.S. banks to meet a stricter measure of health to reduce the threat they pose to the financial system.

July 08, 2013 | | Nationwide


Bill would introduce millions more immigrants

WASHINGTON (AP) - Landmark immigration legislation passed by the Senate would remake America's workforce from the highest rungs to the lowest and bring many more immigrants into the economy, from elite technology companies to restaurant kitchens and rural fields.

July 08, 2013 | | Nationwide


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Articles by Section - Nationwide


NYC: Replace pay phones with Wi-Fi hubs

NEW YORK (AP) - Pay phones on New York City streets would become a thing of the past under a plan announced Monday that would replace them with stand-alone devices offering free Wi-Fi and nationwide phone calls as well as mobile phone charging capability.

November 17, 2014 | | Nationwide


Feds: Privacy firm deceived consumers

SAN FRANCISCO (AP) - Federal regulators said a respected Internet privacy company gave its seal of approval to commercial websites and mobile apps but failed to check whether they were indeed meeting standards for safeguarding customers' data.

November 17, 2014 | | Nationwide


Obama: Treat Internet like utility

WASHINGTON (AP) - President Barack Obama on Monday embraced a radical change in how the government treats Internet service, coming down on the side of consumer activists who fear slower download speeds and higher costs but angering Republicans and the nation's cable giants who say the plan would kill jobs.

November 10, 2014 | | Nationwide


Switches ordered weeks ahead of recall

DETROIT (AP) - Emails showing that General Motors ordered a half-million replacement ignition switches nearly two months before telling the government of a safety recall will be heavily scrutinized by federal prosecutors, who are investigating GM's conduct, according to legal experts.

November 10, 2014 | | Nationwide


Q&A ON ‘NET NEUTRALITY’

WASHINGTON (AP) - President Barack Obama on Monday waded into the debate over "net neutrality" by suggesting that Internet service should be regulated more heavily to protect consumers.

November 10, 2014 | | Nationwide


OK for Social Security workers settlement

BALTIMORE (AP) - A federal administrative law judge in Baltimore has given preliminary approval to a $6.6 million settlement for more than 570 current and former Social Security Administration employees with disabilities.

November 10, 2014 | | Nationwide


Pizza Hut’s revamp: Curry crusts & balsamic drizzle

NEW YORK (AP) - Pizza Hut is letting customers play mad scientist, giving them the freedom to make pies with honey Sriracha sauce or add curry flavor to the crusts.

November 10, 2014 | | Nationwide


Target offers early access to Black Friday deals

MINNEAPOLIS (AP) - Target is planning to offer Black Friday deals before the Thanksgiving holiday, in its latest move to boost sluggish sales heading into the holiday shopping season.

November 10, 2014 | | Nationwide


Postal Service victim of hacking attack

WASHINGTON (AP) - The U.S. Postal Service said Monday it had been hacked, potentially compromising sensitive information about its employees such as names and addresses, Social Security numbers, emergency contacts and other information.

November 10, 2014 | | Nationwide


ARBY’S Q&A

NEW YORK (AP) - Arby's, the chain known for its roast beef sandwiches, is trying to stand out in the crowded fast-food industry. It's marketing its meats as being of superior quality and pushing to let customers know they can order sandwiches sans onions or mayo.

November 04, 2014 | | Nationwide


Oil prices tumble on Saudi discount move for US sales

LONDON (AP) - Oil prices slumped to multi-year lows on Tuesday after Saudi Arabia cut the price of oil sold to the U.S., a move that is shaking an already volatile market but will likely give the world economy an unexpected stimulus.

November 04, 2014 | | Nationwide


Chicken Fries lift Burger King sales

NEW YORK (AP) - Burger King said bringing back its "Chicken Fries" helped sales jump in the U.S. and Canada by the biggest amount in two years.

November 04, 2014 | | Nationwide


‘Call of Duty’ helps game firm score big

SANTA MONICA (AP) - Activision Blizzard Inc., maker of the blockbuster "Call of Duty" video game franchise, said Tuesday that strong sales led to better-than-expected results for its third quarter and raised its full-year forecast. The stock jumped in after-hours trading.

November 04, 2014 | | Nationwide


NEWS FROM BUSINESS WORLD

CVS'S 3Q BENEFITS FROM GENERICS, SPECIALTY DRUGS: WOONSOCKET, R.I. (AP) - CVS Health Corp. reported better-than-expected third-quarter earnings Tuesday as increased use of specialty drugs helped offset missing sales of tobacco products, which the company stopped selling this fall.

November 04, 2014 | | Nationwide


Analyst expects $89B in online holiday sales

NEW YORK (AP) - This year more Americans than ever are expected to make their lists, check them twice, and then click the "add to cart" button.

November 03, 2014 | | Nationwide


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