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Archive By Section - Nationwide


GM spends $500M on employee payments

DETROIT (AP) - General Motors is likely to spend more than $500 million on employee bonuses and profit-sharing based on the company's performance last year.

February 28, 2012 | | Nationwide


Nokia pins hopes on cheaper Windows smartphone

BARCELONA, Spain (AP) - Struggling cell phone maker Nokia kicked off the world's largest mobile phone trade show Monday by unveiling a new low-cost Windows smartphone that operators could give away free to customers, and another aimed at snap-happy consumers demanding better photo quality.

February 27, 2012 | | Nationwide


Recovery bypasses Silicon Valley non-tech workers

MENLO PARK (AP) - Daniel Macias is the face of Silicon Valley seldom seen by those who don't live there.

February 27, 2012 | | Nationwide


Poll: Millionaire tax popular, spending cuts also get support

WASHINGTON (AP) - Most people like President Barack Obama's proposal to make millionaires pay a significant share of their incomes in taxes. Yet they'd still rather cut spending than boost taxes to balance the federal budget, an Associated Press-GfK poll shows, giving Republicans an edge over Democrats in their core ideological dispute over the nation's fiscal ills.

February 24, 2012 | | Nationwide


What you need to know about Dow vs. S500

Q. What's the difference between the Dow Jones industrial average and the Standard & Poor's 500 average, aside

February 24, 2012 | | Nationwide


New Nike shoe with outer space theme causes frenzy among buyers

ORLANDO, Fla. (AP) - Sneaker fanatics who lined up outside stores overnight got their first crack Friday at a new outer-space themed Nike basketball shoe, getting so unruly in some cities that police were called to restore order.

February 24, 2012 | | Nationwide


Judge awards iPhone user $850 in throttling case involving data

SIMI VALLEY (AP) - When AT&T started slowing down the data service for his iPhone, Matt Spaccarelli, an unemployed truck driver and student, took the country's largest telecommunications company to small claims court. And won.

February 24, 2012 | | Nationwide


Business owner gets real lucky

Q: My wife and I own a dry cleaning business. I am about to turn 62 and want to start my Social Security. So we plan to put the business in my wife's name. I will draw a small salary - about $14,000, just enough to stay under the Social Security earnings limit. The rest of the business income will go under my wife's name to help build up her Social Security account. A friend told me that in a past column, you wrote that Social Security will not allow us to do this. Can you explain this ...

February 24, 2012 | | Nationwide


Ohio man given choice of Facebook apology or jail says his free speech being violated

CINCINNATI (AP) - A man who was threatened with jail time for posting comments about his estranged wife on his personal Facebook page unless he posted daily apologies for a month says the court ruling violates his freedom of speech.

February 24, 2012 | | Nationwide


COMMERCE CORNER

MIRACLE DIET DRUG ELUSIVE: WASHINGTON (AP) - The battle of the bulge has been a big, fat failure for U.S. drugmakers. But that hasn't stopped them from trying.

February 24, 2012 | | Nationwide


AIG's profit surges on tax-related accounting gain

NEW YORK (AP) - American International Group, the insurance company that was bailed out by the government in 2008, reported a $19.8 billion profit in the fourth quarter of last year, nearly all of it due to a tax-related accounting gain.

February 23, 2012 | | Nationwide


Safeway profit slips 6 percent on higher costs

PLEASANTON (AP) - Safeway Inc. said Thursday that its profit slipped 6 percent in the fourth quarter as it paid more to stock its shelves.

February 23, 2012 | | Nationwide


The cola wars escalate: Pepsi's mid-calorie soda with 60 calories aims to win back drinkers

NEW YORK (AP) - Pepsi is hoping to win back soda drinkers with a compromise.

February 23, 2012 | | Nationwide


Tough times for HP ahead; will investors wait?

PALO ALTO (AP) - Hewlett-Packard Co. plans to spend years turning itself around as it addresses internal problems and battles broader threats from smartphones and tablet computers.

February 23, 2012 | | Nationwide


Apple CEO hints company will part with some of its cash

CUPERTINO (AP) - Apple CEO Tim Cook says he believes the world's most valuable company has more money than it needs. His next challenge is to figure out whether Apple should break from the cash-hoarding ways of his predecessor, the late Steve Jobs, and dip into its $98 billion bank account to pay shareholders a dividend this year.

February 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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