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Archive By Section - Nationwide


Prosecutor: Iowa-based CEO carried out $200M fraud

CEDAR RAPIDS, Iowa (AP) - The chief executive of an Iowa-based brokerage firm admitted in a tell-all suicide note that he carried out an elaborate fraud scheme in which he embezzled at least $100 million from customers over two decades, federal investigators said Friday.

July 13, 2012 | | Nationwide


Suspending your benefits before they even start

Q. I am about to turn 66 years old. I was planning to wait until age 70 to file for my Social Security benefits because I wanted to get the delayed retirement bonus you mention so often in your column. But I found an article on the web that encourages people like me to file at age 66 and then immediately suspend my benefits. That way, if I change my mind before age 70, I can go back and get retroactive benefits until age 66. What do you know about this?

July 13, 2012 | | Nationwide


Developers pull plans for New Mexico ghost town to study new technology

ALBUQUERQUE, N.M. (AP) - The company behind plans to build a scientific ghost town says it is pulling out of a deal to develop the make-believe city near Hobbs.

July 13, 2012 | | Nationwide


US rowing team outfitted with Philly-made gear

PHILADELPHIA (AP) - While lawmakers in Congress continue fuming about uniforms for the U.S. Olympic team being made in China, a Philadelphia company is looking forward to seeing its locally-made apparel being worn by American rowers.

July 13, 2012 | | Nationwide


Visa, MasterCard in $6B settlement over card fees

NEW YORK (AP) - Visa, MasterCard and major banks agreed to pay retailers at least $6 billion to settle a long-running lawsuit that alleged the card issuers conspired to fix the fees that stores pay to accept credit cards. As part of the settlement, announced late Friday, stores from Rite Aid to Kroger will be allowed to charge customers more if they pay using a credit card.

July 13, 2012 | | Nationwide


NM on verge of repossessing state's supercomputer

ALBUQUERQUE, N.M. (AP) - Gov. Susana Martinez's administration is on the verge of taking back New Mexico's $11 million supercomputer known as "Encanto" from the nonprofit group set up to operate it.

July 12, 2012 | | Nationwide


Yahoo confirms theft of 450,000 users' passwords

LONDON (AP) - Some 450,000 Yahoo users' email addresses and passwords have been leaked because of a security breach, the company confirmed Thursday, adding that just a small fraction of the stolen passwords were valid.

July 12, 2012 | | Nationwide


Scam claiming President Obama offering to pay utility bills proves costly for thousands

MADISON, Wis. (AP) - As much as President Barack Obama wants your vote, he's not actually offering to pay your monthly bills.

July 12, 2012 | | Nationwide


NBC launches 2 apps to watch the Olympics

NEW YORK (AP) - NBC launched two mobile apps that will let people watch Olympics events as they happen, look up athlete profiles and access other extra content on their iPads, iPhones and certain Android devices.

July 12, 2012 | | Nationwide


Yahoo's interim CEO faces off with shareholders

SAN FRANCISCO (AP) - Yahoo's restless shareholders let interim CEO Ross Levinsohn know that they won't give him much time to fix the troubled company if he gets the job on a permanent basis.

July 12, 2012 | | Nationwide


Scranton mayor slashes city workers' pay to minimum wage in budget move

SCRANTON, Pa. (AP) - A fiscal and political crisis in the nearly-broke northeastern Pennsylvania city of Scranton deepened Tuesday as public employee unions sought to have the mayor held in contempt of court after he defied a judge and slashed workers' pay to minimum wage.

July 10, 2012 | | Nationwide


Openings rose in May, good sign for hiring

WASHINGTON (AP) - U.S. employers advertised more jobs in May than April, a hopeful sign after three months of weak hiring.

July 10, 2012 | | Nationwide


Dems want tax cuts for businesses that hire

WASHINGTON (AP) - Democrats began trying to push a bill through the Senate Tuesday slicing taxes for businesses that hire new workers and buy major new equipment. They ran straight into opposition from Republicans who complained that the measure was too timid and sought to refocus the debate on their own economic priorities.

July 10, 2012 | | Nationwide


Comcast sells A&E stake to Disney, Hearst for $3B

NEW YORK (AP) - Comcast's NBCUniversal is selling its stake in A&E Television Networks to Disney and Hearst for $3.03 billion in cash.

July 10, 2012 | | Nationwide


Fitch Ratings keeps United States at top 'AAA' credit rating

WASHINGTON (AP) - Fitch Ratings has retained the U.S. at its top 'AAA' credit rating but also left the outlook negative, citing the failure of Congress and the Obama administration to forge an agreement on reducing the budget deficit.

July 10, 2012 | | Nationwide


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Articles by Section - Nationwide


Procter & Gamble cancels NFL promotion

NEW YORK (AP) - Procter & Gamble is canceling an on-field breast cancer awareness promotion it had been planning with the National Football League, the latest sponsor to respond to the NFL's growing problems.

September 19, 2014 | | Nationwide


Yahoo may make up to $9.5 billion

SUNNYVALE (AP) - Yahoo is making amends for years of blundering with one smart move: an early investment in Alibaba Group that has turned into a multibillion-dollar boon.

September 19, 2014 | | Nationwide


Your (online) life after death

NEW YORK (AP) - Sure, you have a lot to do today - laundry, bills, dinner - but it's never too early to start planning for your digital afterlife, the fate of your numerous online accounts once you shed this mortal coil.

September 16, 2014 | | Nationwide


UPS expects to hire up to 95,000 workers

DALLAS (AP) - UPS plans to hire up to 95,000 workers to help deliver packages during the busy holiday season - an increase from last year, when the company was caught unprepared for a boom in online shopping.

September 16, 2014 | | Nationwide


Wal-Mart levied fictional ‘sugar tax’ on soda

ALBANY, N.Y. (AP) - New York's attorney general has settled a false advertising investigation at Wal-Mart, saying some store personnel were citing a nonexistent "sugar tax" on soda.

September 16, 2014 | | Nationwide


Record 4M orders of iPhones

CUPERTINO (AP) - Apple had more than 4 million advance orders of its new, larger iPhones in the first 24 hours, exceeding its initial supply, the company said Monday.

September 15, 2014 | | Nationwide


Envelopes in hotels invite tips for maids

NEW YORK (AP) - Do you leave a tip in your hotel room for the maid? Marriott is launching a program with Maria Shriver to put envelopes in hotel rooms to encourage tipping.

September 15, 2014 | | Nationwide


Minecraft’ could boost mobile reach

NEW YORK (AP) - Microsoft's decision to spend $2.5 billion for the creator of the hit game "Minecraft" could help the Xbox maker grab attention on mobile phones, a new priority for the company.

September 15, 2014 | | Nationwide


Olive Garden defends breadstick policy

NEW YORK (AP) - Olive Garden is defending its practice of giving customers as many breadsticks as they want, saying the policy conveys "Italian generosity."

September 15, 2014 | | Nationwide


Olive Garden investor: Back off on breadsticks

NEW YORK (AP) - Maybe there is such a thing as too many breadsticks.

September 12, 2014 | | Nationwide


Prosecutors target credit card thieves overseas

WASHINGTON (AP) - Criminals from around the world buy and sell stolen credit card information with ease in today's digital age. But if they commit their crime entirely outside the United States, they may be beyond the reach of federal prosecutors.

September 12, 2014 | | Nationwide


Massive new construction tool ready for NASA welding

NEW ORLEANS (AP) - A massive structure described by NASA as the world's largest spacecraft welding tool has been completed at the Michoud (MEE'-shoo) Assembly Center in New Orleans, which was chosen in 2011 to build components of a major new rocket system.

September 12, 2014 | | Nationwide


Feds: Colon supplement makes bogus claims

WASHINGTON (AP) - The federal government says Bayer is making unsupported claims in advertisements for its dietary supplement designed to help with digestion, in violation of a federal court order.

September 12, 2014 | | Nationwide


Silicon Valley struggles to speak FDA’s language

SAN JOSE (AP) - From Apple's new smartwatch that tracks heartbeats to contact lenses that measure blood sugar - Silicon Valley is pouring billions into gadgets and apps designed to transform health care. But the tech giants that have famously disrupted so many industries are now facing their own unexpected disruption: regulation.

September 11, 2014 | | Nationwide


Shoppers may shrug off Home Depot hack

NEW YORK (AP) - Home Depot's data breach could wind up being among the largest ever for a retailer, but that may not matter to its millions of customers.

September 11, 2014 | | Nationwide


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