PHOENIX (AP) Apollo Group Inc. said Tuesday that its fiscal fourth-quarter net income tumbled 60 percent, hurt by higher costs and declining enrollment at the University of Phoenix. To cope, the for-profit education company plans to close 115 of the university's mostly smaller locations, a move that will affect 13,000 students.
SANTA CLARA (AP) - Intel Corp., the world's largest chipmaker, expects cold winds to blow this fall, as consumers shift their spending toward tablets and a weak global economy curbs corporate spending on computers.
Federal student loans are about to become a larger financial crisis than the mortgage disaster. With $1 trillion in student loans outstanding - and more being added every year - cutting the interest rates on federal student loans is a topic that both parties should agree upon immediately.
SAN JOSE (AP) - EBay's PayPal unit is planning layoffs in the coming weeks as it tries to refocus and operate more like an agile startup than a large company, according to people familiar with the matter.
No matter who is picked as president in the upcoming election, in today's column, I will tell you what he will do about Social Security reform. But before I get to that, I must once again go over the reason why reform is needed.
TRENTON, N.J. (AP) - New Jersey has petitioned the U.S. Supreme Court to hear a case that could help the government claim at least $15 million a year in unspent gift card revenue from retailers to help balance the state budget.
WASHINGTON (AP) - The consulting and accounting firm EY is aggressively recruiting on college campuses this spring. The company formerly known as Ernst & Young plans to hire 9,000 graduates from U.S. universities this year, up from 7,500 in 2014. But recruiting isn't as easy as it used to be.
TRENTON, N.J. (AP) - U.S. spending on prescription drugs soared last year, driven up primarily by costly breakthrough medicines, manufacturer price hikes and a surge from millions of people newly insured due to the Affordable Care Act.
ALBANY, N.Y. (AP) - New York's attorney general has launched an inquiry into 13 major retailers, questioning the practice of keeping workers on call for shifts on short notice and possible violations of the state requirement to pay hourly staff for at least four hours when they report for work.
CHICAGO (AP) - Trying to slim down? Weight Watchers and Jenny Craig scored the best marks for effectiveness in a review of research on commercial diet programs, but many other plans just haven't been studied enough to evaluate long-term results.
NEW YORK (AP) - Starbucks says its workers can now have four years of tuition covered for an online college degree from Arizona State University instead of just two, marking the latest sign that companies are rethinking their treatment of low-wage workers.