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Darden 3Q profit falls but tops Street's view

NEW YORK (AP) - Darden Restaurants' third-quarter net income dropped 18 percent, as it dealt with soft sales at Red Lobster but the performance still beat Wall Street's expectations.

March 22, 2013 | | Nationwide


Getting Social Security benefits from a jerk

Gosh, there are a lot of rotten husbands out there! That's why I keep telling my wife she should fall down on her knees every day and thank her lucky stars that she got one of the good guys. OK, I really don't do that. In fact, if I did say that to my wife, the only reason she might drop to her knees is because she'd be laughing so hard she wouldn't be able to keep standing!

March 22, 2013 | | Nationwide


Saturday mail cutback still being debated; included in spending bill

WASHINGTON (AP) - The new spending bill passed by Congress on Thursday appears to continue the requirement for six-day mail delivery, but some lawmakers and postal officials say plans to cut Saturday service should proceed.

March 21, 2013 | | Nationwide


Weak Oracle sales, Cyprus fears weigh on US stock prices

NEW YORK (AP) - Stocks closed lower on Wall Street Thursday after Oracle's weak sales results weighed down big U.S. technology companies. Traders also worried about Cyprus running out of time to avoid bankruptcy.

March 21, 2013 | | Nationwide


Average for jobless claims at fresh 5-year low

WASHINGTON (AP) - The number of people seeking U.S. unemployment aid barely changed last week, while the average over the past month fell to a fresh five-year low. The decline in layoffs is helping strengthen the job market.

March 21, 2013 | | Nationwide


Pepsi rolls out a new shape for bottle

NEW YORK (AP) - Pepsi is rolling out a new shape for its 20-ounce bottle for the first time in about 17 years.

March 21, 2013 | | Nationwide


Business Briefs

HP HIKES QUARTERLY SHAREHOLDER PAYOUT 10 PCT: PALO ALTO (AP) - Personal computer maker Hewlett-Packard Co. says its will raise the quarterly dividend it pays shareholders by about a penny to 14.5 cents per share.

March 21, 2013 | | Nationwide


Yahoo brings back 5 ex-employees in latest deal

SUNNYVALE (AP) - Yahoo has bought Silicon Valley startup Jybe so it can bring back five of its former engineers to help the Internet company build better mobile applications.

March 20, 2013 | | Nationwide


HP to face testy shareholders at annual meeting

MOUNTAIN VIEW (AP) - Hewlett-Packard Co.'s annual meeting will give shareholders an opportunity to vent their frustration over the personal computer maker's botched acquisitions and other follies that have been plaguing the Silicon Valley pioneer for several years.

March 20, 2013 | | Nationwide


Oracle shares fall on weak report

REDWOOD CITY (AP) - Oracle Corp. on Wednesday reported flat earnings for its fiscal third-quarter, hurt by a drop in sales of hardware systems and new software. Shares tumbled in after-hours trading on the weaker-than-expected results.

March 20, 2013 | | Nationwide


HP develops glasses-free 3-D for mobile devices

LOS ANGELES (AP) - Researchers at Hewlett-Packard Co. have developed a way to put glasses-free 3-D video on mobile devices with a viewing angle so wide that viewers can see an object more fully just by tilting the screen.

March 20, 2013 | | Nationwide


Fed Reserve stands by stimulus strategy

WASHINGTON (AP) - The Federal Reserve isn't yet convinced that the U.S. economy's growth can accelerate without the Fed's drive to keep borrowing costs at record lows. It wants to see sustained improvement.

March 20, 2013 | | Nationwide


About 23% of world's rigs drilling in Texas

SAN ANTONIO (AP) - The Texas oil industry for several decades seemed headed into territory best described by the old saying "all hat and no cattle."

March 19, 2013 | | Nationwide


Walgreen buys wholesaler stake, 2Q profit climbs

DEERFIELD, Ill. - Drugstore chain Walgreen Co. is buying an ownership stake in another big company, this time in a deal that could increase its clout when negotiating prices with drugmakers.

March 19, 2013 | | Nationwide


Justice: Email snooping law no longer makes sense

WASHINGTON (AP) - The Justice Department on Tuesday dropped its support for a controversial provision in a federal law that allows police to review some private emails without a warrant, but it asked Congress to expand its surveillance powers in other ways.

March 19, 2013 | | Nationwide


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Articles by Section - Nationwide


Panera beats profit forecasts

ST. LOUIS (AP) - ST. LOUIS (AP) - Panera Bread Co. (PNRA) on Wednesday reported fourth-quarter net income of $48.5 million.

February 11, 2015 | | Nationwide


Yelp buying East24 online food ordering

NEW YORK (AP) - Competition for online takeout orders is heating up with Yelp's purchase of Eat24.

February 10, 2015 | | Nationwide


Samsung smart TVs eavesdropping?

SEOUL, South Korea (AP) - Watch what you say in your living room. Samsung's smart TV could be listening. And sharing.

February 10, 2015 | | Nationwide


Flipboard magazines not just for mobile devices anymore

PALO ALTO (AP) - Smartphones and tablets have been pushing the personal computer aside, thanks in part to popular apps made by mobile-first entrepreneurs like Flipboard CEO Mike McCue.

February 10, 2015 | | Nationwide


Apple sets US record with market value above $700B

CUPERTINO (AP) - Apple has set a record on Wall Street: It's the first U.S. company to be worth more than $700 billion based on the value of its stock at the close of trading Tuesday.

February 10, 2015 | | Nationwide


California formally opens large solar plant

RIVERSIDE (AP) - One of the nation's largest solar projects was dedicated Monday in the Riverside County desert, as California rushes to expand its use of green power to meet the state's renewable energy requirements.

February 09, 2015 | | Nationwide


Is doctor’s office most dangerous place for data?

NEW YORK (AP) - Everyone worries about stolen credit cards or hacked bank accounts, but just visiting the doctor may put you at greater risk for identity fraud.

February 09, 2015 | | Nationwide


RadioShack files for bankruptcy

NEW YORK (AP) - A diminished RadioShack will live on, but its future may lie with Sprint.

February 05, 2015 | | Nationwide


Yelp beats Street 4Q forecasts with $32.7 million

SAN FRANCISCO (AP) - Yelp Inc. (YELP) on Thursday reported fourth-quarter net income of $32.7 million, after reporting a loss in the same period a year earlier.

February 05, 2015 | | Nationwide


Twitter shares flying high

SAN FRANCISCO (AP) - Twitter shares flew nearly 10 percent higher aftermarket, as the messaging service shrank losses and nearly doubled quarterly revenue by drawing more users and expanding its advertising offerings.

February 05, 2015 | | Nationwide


Symantec tops 3Q profit forecasts

MOUNTAIN VIEW (AP) - Symantec Corp. (SYMC) on Thursday reported fiscal third-quarter net income of $222 million.

February 05, 2015 | | Nationwide


Staples buys Office Depot for $6B to keep pace with change

NEW YORK (AP) - Evolving shopping habits have forced yet another retailer to think outside of the box.

February 04, 2015 | | Nationwide


Shutdown could be 5 days away

LOS ANGELES (AP) - West Coast seaports could shut down in as soon as five days - hobbling U.S. trade with Asia - if dockworkers and their employers cannot reach a new contract, the head of a maritime association warned Wednesday in remarks intended to pressure an agreement after nine months of negotiations.

February 04, 2015 | | Nationwide


Samsung launches Tizen-powered TVs

SEOUL, South Korea (AP) - South Korean electronics giant Samsung Electronics Co. is starting domestic sales of televisions powered by its internally developed operating system.

February 04, 2015 | | Nationwide


Oil price slumps again as US crude inventories surge

NEW YORK (AP) - Oil prices plunged on Wednesday, ending a four-day rally, after the U.S. government reported that crude inventories surged last week.

February 04, 2015 | | Nationwide


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