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Archive By Section - Nationwide


Bank of America CEO gets big raise as stock tanks

NEW YORK (AP) - Bank of America gave its CEO a pay package worth $7.5 million last year, six times as large as the year before. It happened while the company's stock lost more than half its value and the bank lost its claim as the biggest in the country.

March 28, 2012 | | Nationwide


Oracle, Google gird for trial on Android dispute

SAN FRANCISCO (AP) - Oracle and Google are digging in their heels as they prepare for an upcoming trial.

March 28, 2012 | | Nationwide


New GM phone app may replace car navigation system

DETROIT (AP) - General Motors soon will sell a $50 smartphone application that could replace your dashboard navigation system.

March 28, 2012 | | Nationwide


FTC seeks law to shed more light on data brokers

NEW YORK (AP) - The Federal Trade Commission is calling for a new law that would allow people to review the vast amounts of information being collected about them as the Internet, smartphones and other technology make it easier to create digital dossiers of just about anyone's life.

March 27, 2012 | | Nationwide


Bernanke says unemployment could stay high

WASHINGTON (AP) - Federal Reserve Chairman Ben Bernanke says that without faster economic growth, it could take "a few more years" for U.S. unemployment to decline to a normal rate.

March 27, 2012 | | Nationwide


Harry Potter breaks e-book lockdown allowing ability to read on any device

NEW YORK (AP) - When the Harry Potter books finally went on sale in electronic form on Tuesday, it was as if Harry himself had cast the "Alohomora" spell on them - the one that unlocks doors.

March 27, 2012 | | Nationwide


Home prices fell in January in most US cities

WASHINGTON (AP) - Home prices fell in January for a fifth straight month in most major U.S. cities, as modest sales increases have yet to boost prices.

March 27, 2012 | | Nationwide


Consumers hold onto rosy outlook during March

NEW YORK (AP) - Americans are holding onto a rosier view of the U.S. economy as they focus on the good in a flood of mixed economic news.

March 27, 2012 | | Nationwide


Pumpkin ravioli wins $1M Pillsbury Bake-Off

ORLANDO, Fla. (AP) - Pumpkin Ravioli with Salted Caramel Whipped Cream is the winning dish of the 2012 Pillsbury Bake-Off Contest.

March 27, 2012 | | Nationwide


Contracts for new home sales dipped 0.5 percent in February

WASHINGTON (AP) - The number of Americans who signed contracts to buy U.S. homes dipped in February from nearly a two-year high, a mixed signal ahead of the spring home-buying season.

March 26, 2012 | | Nationwide


'Pink slime' maker suspends some plant operations

LUBBOCK, Texas (AP) - The maker of "pink slime" suspended operations Monday at all but one plant where the beef ingredient is made, acknowledging recent public uproar over the product has cost the company business.

March 26, 2012 | | Nationwide


RAILROADS UP CEO pay up 11 percent after solid 2011 results

OMAHA, Neb. (AP) - Union Pacific Corp.'s acting CEO earned less than one-third of the $13.3 million the railroad's top executive received last year.

March 26, 2012 | | Nationwide


Studies: Surgery can put diabetes into remission

CHICAGO (AP) - New research gives clear proof that weight-loss surgery can reverse and possibly cure diabetes, and doctors say the operation should be offered sooner to more people with the disease - not just as a last resort.

March 26, 2012 | | Nationwide


AT&T to sell Nokia Windows phone for $100

NEW YORK (AP) - AT&T Inc. on Monday said it will sell the Lumia 900, its first Nokia Corp. smartphone that runs Windows Phone software, on April 8, for $100 with a two-year contract.

March 26, 2012 | | Nationwide


Business nation briefs

Average IRS refund this year about $3k, chief says

March 23, 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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