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Archive By Section - Nationwide


Apple appeals decision in case against Samsung

SAN FRANCISCO (AP) - Apple filed an appeal Thursday of a judge's refusal to bar some Samsung smartphones from the U.S. market, extending one of several legal battles raging around the world between the two tech giants.

December 20, 2012 | | Nationwide


Funds reconsider investments in gun makers

ALBANY, N.Y. (AP) - From California to New York, teacher and public-worker retirement funds are reconsidering their investments in gun makers and confronting an uncomfortable fact: Their pensions have supported the manufacture of deadly weapons, in some cases the same type of gun used in the Connecticut school shooting.

December 20, 2012 | | Nationwide


Business Briefs

OLIVE GARDEN OWNER SHIFTS COURSE TO FOCUS ON DEALS: NEW YORK (AP) - After new ad campaigns touting the quality of its food failed to spark sales, the parent company of Olive Garden and Red Lobster is retooling its strategy to attract diners with more promotional deals.

December 20, 2012 | | Nationwide


Watchdog: Fannie, Freddie may have lost over $3 billion

WASHINGTON (AP) - A federal watchdog has found that government-controlled Fannie Mae and Freddie Mac may have lost more than $3 billion from big banks' alleged rigging of a key interest rate.

December 19, 2012 | | Nationwide


Discounts abound as stores try to salvage season

NEW YORK (AP) - When it comes to fat holiday discounts, better late than never.

December 19, 2012 | | Nationwide


Google launches 'scan and match' music service

LOS ANGELES (AP) - Google is turning on a "scan and match" service for Google Music users to store copies of their songs online, offering for free what Apple charges $25 a year for.

December 19, 2012 | | Nationwide


Instagram says users' photos won't appear in ads

MENLO PARK (AP) - Instagram, the popular mobile photo-sharing service now owned by Facebook, said Tuesday that it will remove language from its new terms of service suggesting that users' photos could appear in advertisements.

December 18, 2012 | | Nationwide


Oracle 2Q earnings rise 18 percent to exceed Wall Street expectations

REDWOOD SHORES (AP) - Snapping out of a summertime lull, Oracle's latest quarter demonstrated that companies have been splurging on software and other technology as the year comes to a close, despite uncertainty about the economy's prospects.

December 18, 2012 | | Nationwide


Facebook CEO Zuckerberg donating $500M in stock

MENLO PARK (AP) - Facebook CEO Mark Zuckerberg says he is donating nearly $500 million in stock to a Silicon Valley charity to focus on health and education issues.

December 18, 2012 | | Nationwide


Smartphone makers post big legal wins

SAN FRANCISCO (AP) - Apple and Samsung, the world's top two smartphone makers, each scored a significant victory on different continents that will allow both to keep selling their products without legal interference this holiday season.

December 18, 2012 | | Nationwide


Too big to jail? Execs avoid laundering charges

NEW YORK (AP) - When the Justice Department announced its record $1.9 billion settlement against British bank HSBC last week, prosecutors called it a powerful blow to a dysfunctional institution accused of laundering money for Iran, Libya and Mexico's murderous drug cartels.

December 18, 2012 | | Nationwide


GM boosts pickup truck deals to help reduce inventory

DETROIT (AP) - With Chevy Silverado and GMC Sierra pickup trucks piling up on dealer lots, General Motors is offering generous deals to thin the stock.

December 17, 2012 | | Nationwide


Mass. fines Morgan Stanley $5M over Facebook IPO

BOSTON (AP) - Morgan Stanley, the lead underwriter for Facebook's troubled public stock offering, has agreed to pay $5 million to Massachusetts' securities regulators after they accused it of disclosing a revenue shortfall only to certain analysts and not the general public.

December 17, 2012 | | Nationwide


Tropicana uses the carrot to squeeze juice sales

NEW YORK (AP) - Tropicana wants more people to drink its juice, so it's extending a carrot - and a bushel of other vegetables.

December 17, 2012 | | Nationwide


Unisex Easy-Bake oven on the way from Hasbro

PROVIDENCE, R.I. (AP) - Hasbro says it will soon reveal a gender-neutral Easy-Bake Oven after meeting with a New Jersey girl who started a campaign calling on the toy maker to make one that appeals to all kids.

December 17, 2012 | | Nationwide


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Articles by Section - Nationwide


Toyota tops Consumer Reports rankings

DETROIT (AP) - Toyota continues its winning streak atop Consumer Reports' annual reliability rankings.

October 27, 2014 | | Nationwide


6 vehicles impounded in UberX sting

PHILADELPHIA (AP) - The city's parking authority lived up to its threats to impound vehicles and fine drivers participating in the UberX ride-sharing service.

October 27, 2014 | | Nationwide


Blue Christmas for Amazon?

NEW YORK (AP) - It might be a blue Christmas for Amazon.

October 23, 2014 | | Nationwide


Union Pacific 3Q profit chugs ahead 19 percent

OMAHA, Neb. (AP) - Union Pacific Corp. delivered a 19 percent increase in its third-quarter profit as the railroad hauled 7 percent more freight and increased rates.

October 23, 2014 | | Nationwide


Cloud business lifts Microsoft’s quarterly results

SAN FRANCISCO (AP) - Microsoft's quarterly profit and revenue sailed past expectations Thursday, as CEO Satya Nadella's push to embrace cloud computing and diversify into mobile devices helped lift sales by 25 percent.

October 23, 2014 | | Nationwide


Enticing low rates, but impact on refinancing could be limited

WASHINGTON (AP) - With mortgage rates sliding for a fifth straight week, the possibility of locking in a rate below 4 percent is tempting for consumers and could unleash a wave of refinancing. It may even convince some Americans to buy their first home.

October 23, 2014 | | Nationwide


PulteGroup tops earnings outlook

ATLANTA (AP) - PulteGroup Inc. on Thursday reported third-quarter net income of $140.5 million.

October 23, 2014 | | Nationwide


NEWS FROM BUSINESS WORLD

• CAMEL MAKER REYNOLDS SNUFFS OUT WORKPLACE SMOKING: RICHMOND, Va. (AP) - Camel cigarette maker Reynolds American Inc. is snuffing out smoking in its offices and buildings.

October 22, 2014 | | Nationwide


Early Apple computer sells for $905K

NEW YORK (AP) - A vintage Apple computer that was one of only 50 made in Steve Jobs' garage in 1976 sold for $905,000 at auction on Wednesday, far exceeding pre-sale estimates and outdoing a previous high price of more than $671,000 paid in Germany last year.

October 22, 2014 | | Nationwide


Social Security benefits up an average of $20 a month during 2015

WASHINGTON (AP) - Come January, nearly 60 million Social Security recipients will get benefit increases averaging $20 a month, the third straight year of historically small pay hikes.

October 22, 2014 | | Nationwide


McDonald’s new menu plan: Have it your way

NEW YORK (AP) - After posting yet another disappointing quarter, McDonald's CEO Don Thompson said Tuesday the company hasn't been keeping up with the times and that changes are in store for its U.S. restaurants.

October 21, 2014 | | Nationwide


TWEAKER TOYS

NEW YORK (AP) - Toys R Us is pulling its four collectible dolls based on characters from AMC's hit series "Breaking Bad" after taking heat from a Florida mom who launched a petition campaign last week.

October 21, 2014 | | Nationwide


America says no to cappuccino potato chips

NEW YORK (AP) - America has rejected the idea of cappuccino-flavored Lay's potato chips.

October 20, 2014 | | Nationwide


Apple Pay Q&A

CUPERTINO (AP) - Apple's mobile payment system, Apple Pay, made its debut Monday. Now you can flash your new iPhone in the checkout line to pay for food, clothing and other goods. There's no need to pull out your credit card.

October 20, 2014 | | Nationwide


UPS increases some rates by 4.9%

ATLANTA (AP) - UPS says it is raising rates for a number of its shipping services by an average of 4.9 percent for 2015.

October 20, 2014 | | Nationwide


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