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Archive By Section - Nationwide


Recovery threatened by runaway student loan debt that now surpasses $1 billion

WASHINGTON (AP) - The federal student loan program seemed like a great idea back in 1965: Borrow to go to college now, pay it back later when you have a job.

April 03, 2012 | | Nationwide


Automakers post best monthly sales since 2007

DETROIT (AP) - The recovery in the American auto industry has moved into the fast lane.

April 03, 2012 | | Nationwide


EPA moves closer to approval of 15% ethanol gas

DES MOINES, Iowa (AP) - The federal government announced Monday it has taken a step toward wide distribution of gasoline mixed with 15 percent ethanol by allowing manufacturers to register as suppliers.

April 02, 2012 | | Nationwide


Flying cars aren't just science fiction anymore.

WOBURN, Mass (AP) .- Terrafugia Inc. said Monday that its prototype flying car has completed its first flight, bringing the company closer to its goal of selling the flying car within the next year. The vehicle - dubbed the Transition - has two seats, four wheels and wings that fold up so it can be driven like a car. Last month, it flew at 1,400 feet for eight minutes. Commercial jets fly at 35,000 feet.

April 02, 2012 | | Nationwide




Avon slams door on Coty's $10 billion offer

NEW YORK (AP) - Coty came calling, but Avon slammed the door.

April 02, 2012 | | Nationwide


Allegiant to charge passengers for using bin space

DALLAS (AP) - Allegiant Air will charge passengers $35 to carry their own bag on board the plane and stow it in an overhead bin.

April 02, 2012 | | Nationwide


Maximum payout impacts benefits to retiree's family

Q: I am 67 years old. I took my Social Security at age 66. I have a 17-year-old son, a 14-year-old daughter and a 57-year-old wife. All three of them are getting benefits as dependents on my account. The Social Security office told me that my kids will keep getting checks until age 19. And my wife will get Social Security until the youngest one turns 19. But by then, she will be 62, so she will be able to get regular wife's benefits at that point. They also said the total amount we are getting now will never ...

March 30, 2012 | | Nationwide


Apple pledge likely to boost China factory wages

BEIJING (AP) - Consumers probably won't have to pay more for iPads, iPhones and other popular consumer electronics despite a Chinese company's pledge to trim work hours and raise wages for its hardscrabble assembly workers.

March 30, 2012 | | Nationwide


Etch A Sketch launches ad campaign with political-themed advertising

NEW YORK (AP) - The 104-year old company that makes Etch A Sketch is launching new political-themed ads, after the toy made headlines when an aide for presidential hopeful Mitt Romney compared it with Romney's fall election strategy.

March 30, 2012 | | Nationwide


Groupon says 4th-quarter was even weaker than once reported

PORTLAND, Ore. (AP) - Groupon Inc. said Friday that its fourth-quarter loss was wider than initially reported because it needed to increase the amount of money it sets aside for refunds.

March 30, 2012 | | Nationwide


Jump in US consumer spending brightens outlook

WASHINGTON (AP) - U.S. consumers boosted their spending in February by the most in seven months, raising expectations for stronger growth at the start of the year.

March 30, 2012 | | Nationwide


LivingSocial launches takeout & delivery service

NEW YORK (AP) - Throw away all those soy sauce-stained takeout menus.

March 29, 2012 | | Nationwide


Best Buy to close 50 stores; open 100 smaller locations

MINNEAPOLIS (AP) - In order to grow, Best Buy is shrinking.

March 29, 2012 | | Nationwide


Economy grew 3 percent in final quarter of 2011

WASHINGTON (AP) - The U.S. economy grew at an annual rate of 3 percent in the final three months of 2011, the best pace in a year and a half. But that growth has likely slowed in the current quarter.

March 29, 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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