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Archive By Section - Nationwide


Amazon reports lower 1Q earnings, higher revenue

NEW YORK (AP) - Amazon.com Inc.'s net income declined in the first three months of the year even though revenue increased 22 percent, as the online retailer continued to spend heavily on order fulfillment and rights to digital content.

April 25, 2013 | | Nationwide


Starbucks' profit shows Americans need coffee fix

NEW YORK (AP) - Americans may not feel optimistic about the economy but they're still spending more at Starbucks.

April 25, 2013 | | Nationwide


Man says insurance won't cover bullet damage

GRAWN, Mich. (AP) - A northern Lower Michigan man is upset insurance doesn't cover the damage done to his mobile home during a neighbor's shootout with police.

April 25, 2013 | | Nationwide


Senate advances bill to tax Internet sales

WASHINGTON (AP) - The Senate moved closer Thursday to passing a bill to tax purchases made over the Internet. But a final vote in the Senate was delayed until senators return from a weeklong vacation.

April 25, 2013 | | Nationwide


Pot smokers can be fired, even in Colo.

DENVER (AP) - Medical and recreational marijuana may be legal in Colorado, but employers in the state can lawfully fire workers who test positive for the drug, even if it was used off duty, according to a court ruling Thursday.

April 25, 2013 | | Nationwide


Exxon 1Q earnings rise, production slips again

NEW YORK (AP) - Growing is hard for a company as big as Exxon.

April 25, 2013 | | Nationwide


Zynga reports lower 1Q revenue, shares fall more than 10 percent

SAN FRANCISCO (AP) - Zynga Inc.'s surprise profit in the first three months of the year got overshadowed by a revenue decline, a drop in the number of users and a lower-than-expected second-quarter forecast.

April 24, 2013 | | Nationwide


Google pays CEO a buck, 4 others get $124M

MOUNTAIN VIEW (AP) - Google CEO Larry Page and his longtime partner Sergey Brin limited their salaries to $1 apiece last year, while four other top executives received combined compensation packages totaling more than $124 million.

April 24, 2013 | | Nationwide


How a phony tweet and computer trades sank stocks by $134 billion

NEW YORK (AP) - For a few surreal minutes, a mere 12 words on Twitter caused the world's mightiest stock market to tremble.

April 24, 2013 | | Nationwide


Microsoft to hold Xbox event on May 21 to showcase next console

REDMOND, Wash. (AP) - Microsoft is inviting journalists to an Xbox event at its Redmond., Wash., headquarters that will likely shed light on its next video game console.

April 24, 2013 | | Nationwide


Fed: Redesigned $100 bill will be ready by October

WASHINGTON (AP) - The Federal Reserve announced Wednesday that it will begin circulating a redesigned $100 bill this fall, more than two years after its initial target.

April 24, 2013 | | Nationwide


Apple to dole out $100B to shareholders

CUPERTINO (AP) - Apple is opening the doors to its bank vault, saying it will distribute $100 billion in cash to its shareholders by the end of 2015. At the same time, the company said revenue for the current quarter could fall from the year before, which would be the first decline in many years.

April 23, 2013 | | Nationwide


US immigration bill could slow Indian outsourcers

MUMBAI, India (AP) - Low cost efficiency put India's outsourcing companies at the heart of global business and created a multibillion dollar industry that for years has skated over criticism it was eliminating white collar jobs in rich nations. Now, the industry's long-held fears of a backlash are being realized in its crucial U.S. market.

April 23, 2013 | | Nationwide


AT&T loses contract phone subscribers in 1Q

DALLAS (AP) - AT&T lost phone subscribers from its contract-based plans for the first time in the latest quarter, in a sign that growth in the industry is stalling now that most Americans have smartphones.

April 23, 2013 | | Nationwide


Judge OKs NYC plan for 'e-hailing' yellow taxi cabs

NEW YORK (AP) - The city can experiment with letting taxi seekers hail rides electronically, a judge said Tuesday in a ruling that could clear the way for riders to summon the city's signature yellow cabs with smartphone apps instead of raised arms.

April 23, 2013 | | Nationwide


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Articles by Section - 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


Netflix adds 4.3M more subscribers

SAN FRANCISCO (AP) - Coming off its best quarter yet, Netflix is accelerating its international expansion in hopes its original programming will hook millions more subscribers on the Internet video service.

January 20, 2015 | | Nationwide


US settles case over fake Facebook page

WASHINGTON (AP) - The Justice Department has reached a $134,000 settlement with a New York woman after federal drug agents used information from her cellphone to set up a fake Facebook page in her identity, a tactic that raised privacy concerns and led to a federal government review of the ruse, according to court papers filed Tuesday.

January 20, 2015 | | Nationwide


Twitter buys ZipDial in bid for users in emerging markets

SAN FRANCISCO (AP) - Twitter said Tuesday that it plans to buy Indian mobile marketing company ZipDial as it tries to reach new users in developing regions.

January 20, 2015 | | Nationwide


Does Airbnb help or hurt affordable housing?

NEW YORK (AP) - They cater to travelers, but Airbnb and other short-term rental sites are sparking debate over an issue few tourists are likely to unpack: affordable housing.

January 20, 2015 | | Nationwide


Cheap oil means spending changes

WASHINGTON (AP) - Cheap oil doesn't only mean cheaper gas in the tank. It means that a car dealer in Illinois is shuffling the inventory of models he'll be selling, that more students in Wisconsin may get school-provided iPads, that some planned projects in a Southern California city will get delayed, and that some expected oilfield hiring in North Dakota and Texas may not happen.

January 19, 2015 | | Nationwide


BUSINESS NEWS

• AMAZON BRANCHING OUT FROM TV SERIES TO MOVIE PRODUCTION: SEATTLE (AP) - Amazon Studios is branching out from television series to movies, announcing plans to begin producing and acquiring original movies for theatrical release and, within weeks, video streaming.

January 19, 2015 | | Nationwide


Pumpkin seed: Future cash crop for Oregon?

ONTARIO, Ore. (AP) - Eastern Oregon and western Idaho already produce many of the nation's decorative pumpkins. Now an economic development official is exploring whether the area could support production of pumpkin seeds for healthy snack foods.

January 19, 2015 | | Nationwide


Obama Treasury choice withdraws

WASHINGTON (AP) - A Wall Street banker nominated by President Barack Obama to be the third-ranking official at the Treasury Department has pulled out of contention for the post in the face of Democratic opposition, a blow to the White House and a victory for the party's liberal wing.

January 12, 2015 | | Nationwide


Social Security won’t seize tax refunds

WASHINGTON (AP) - People who owe old debts to the Social Security Administration are getting a reprieve this tax season: The federal government won't be seizing their tax refunds.

January 12, 2015 | | Nationwide


Got help paying for health care? Watch your mailbox

WASHINGTON (AP) - If you're among the millions of consumers who got financial help for health insurance last year under President Barack Obama's law, better keep an eye on your mailbox.

January 12, 2015 | | Nationwide


NY elected officials take aim at Uber surge pricing

NEW YORK (AP) - New York's turf war on wheels reached fever pitch Monday as City Council members grilled representatives of the app-based Uber service - a fierce competitor of the city's 13,000 yellow cabs hailed with a flailing hand.

January 12, 2015 | | Nationwide


GADGET SHOW

LAS VEGAS (AP) - One of the biggest changes in television this year will be more channels being available online with no separate cable or satellite subscription. But for would-be cord-cutters, watching live sports online has been elusive - until now. Dish Network Corp. on Monday unveiled an Internet-only subscription offering that includes ESPN.

January 05, 2015 | | Nationwide


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