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Archive By Section - Nationwide


Why is investment income taxed less than wage income?

WASHINGTON (AP) - Why do Mitt Romney and other wealthy investors pay lower taxes on the income they make from investments than they would if they earned their millions from wages? Because Congress, through the tax code, has long treated investment more favorably than labor, seeing it as an engine for economic growth that benefits everyone.

January 27, 2012 | | Nationwide


Facebook IPO could value it among top firms with value between $75 billion & $100 billion

LOS ANGELES (AP) - When Facebook makes its long-expected debut as a public company this spring, the social-networking company will likely vault into the ranks of the largest public companies in the world, alongside McDonald's, Amazon.com and Bank of America.

January 27, 2012 | | Nationwide


Behind Obama's financial aid 'shopping sheets'

NEW YORK (AP) - President Barack Obama wants to make it easier to size up the cost of college.

January 27, 2012 | | Nationwide


Smokers need not apply for Ohio casinos jobs

CINCINNATI (AP) - Smokers won't be hired at new casinos in Columbus and Toledo, a ban that's been adopted in other industries as employers try to hold down health care costs.

January 26, 2012 | | Nationwide


Gains as businesses spend more, fire less

WASHINGTON (AP) - Businesses are growing more confident in the economy, investing in more equipment and laying off fewer workers.

January 26, 2012 | | Nationwide


Penney shares soar on upbeat outlook for 2012 following pricing strategy shift

NEW YORK (AP) - J.C. Penney Co. shares soared nearly 19 percent Thursday after the department store chain delivered a 2012 profit outlook that was well above analysts' projections.

January 26, 2012 | | Nationwide


Taco Bell enters crowded fast food breakfast arena

LOUISVILLE, Ky. (AP) - Yo quiero Taco Bell breakfast burrito!

January 26, 2012 | | Nationwide


Business nation briefs

MOTOROLA SUFFERS 4Q LOSS AS GOOGLE SALE LOOMS: LIBERTYVILLE, Ill. (AP) - Motorola Mobility sank to a fourth-quarter loss while trying to close its proposed $12.5 billion sale to Google. The setback, announced Thursday, came amid fierce competition in the markets for smartphones and tablet computers.

January 26, 2012 | | Nationwide


Fed says full recovery could take 3 more years

WASHINGTON (AP) - The Federal Reserve signaled Wednesday that a full economic recovery could take nearly three more years, and it went further than ever to assure consumers and businesses that they will be able to borrow cheaply well into the future.

January 26, 2012 | | Nationwide


Netflix customers return stock soars

SAN FRANCISCO (AP) - Netflix has regained almost as many customers as it lost following an unpopular price increase, signaling that the video subscription service is healing from its self-inflicted wounds.

January 26, 2012 | | Nationwide


Apple briefly passes Exxon as most valuable firm

NEW YORK (AP) - Apple briefly surpassed Exxon as the most valuable U.S. company after an excellent quarter, though the oil company has regained the lead at the market's close.

January 26, 2012 | | Nationwide


Fed says full recovery could take 3 more years

WASHINGTON (AP) - The Federal Reserve signaled Wednesday that a full economic recovery could take nearly three more years, and it went further than ever to assure consumers and businesses that they will be able to borrow cheaply well into the future.

January 25, 2012 | | Nationwide


Netflix customers return stock soars

SAN FRANCISCO (AP) - Netflix has regained almost as many customers as it lost following an unpopular price increase, signaling that the video subscription service is healing from its self-inflicted wounds.

January 25, 2012 | | Nationwide


Apple briefly passes Exxon as most valuable firm

NEW YORK (AP) - Apple briefly surpassed Exxon as the most valuable U.S. company after an excellent quarter, though the oil company has regained the lead at the market's close.

January 25, 2012 | | Nationwide


Apple doubles iPhone sales in 1Q

CUPERTINO (AP) - The iPhone is taking over Apple.

January 24, 2012 | | Nationwide


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Articles by Section - 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


Yahoo says gov’t threatened $250K a day fine

SUNNYVALE (AP) - Yahoo said Thursday the government threatened to fine the company $250,000 a day if it did not comply with demands to go along with an expansion of U.S. surveillance by surrendering online information, a step the company regarded as unconstitutional.

September 11, 2014 | | Nationwide


Will Apple finally reveal next big thing?

CUPERTINO (AP) - Apple is poised to reveal its next big thing in a crucial attempt to prove its technological tastemakers still have the power to mesmerize the masses.

September 08, 2014 | | Nationwide


Twitter tests shopping service with ‘Buy’ button

SAN FRANCISCO (AP) - Twitter is taking its users shopping.

September 08, 2014 | | Nationwide


Tesla selects Reno for battery plant

RENO, Nev. (AP) - Coming to Nevada's high desert: A massive, $5 billion factory that will pump out high-tech batteries for hundreds of thousands of electric vehicles.

September 03, 2014 | | Nationwide


Samsung kicks off battle for holiday spending

BERLIN (AP) - Samsung unveiled two smartphones and a virtual-reality headset Wednesday in a bid to draw consumer attention before its fierce rival, Apple, announces its holiday lineup next week.

September 03, 2014 | | Nationwide


Forecasts project rising medical costs

WASHINGTON (AP) - The nation's respite from troublesome health care inflation is ending, the government said Wednesday in a report that renews a crucial budget challenge for lawmakers, taxpayers, businesses and patients.

September 03, 2014 | | Nationwide


Utah women target Carl’s Jr. for racy ads

SALT LAKE CITY (AP) - A pair of Utah women dedicated to pushing back against the objectification of women say Carl's Jr. has gone too far with its long-running line of TV ads featuring women in bikinis eating the company's burgers in seductive poses.

September 02, 2014 | | Nationwide


Home Depot probes possible credit card data security breach

NEW YORK (AP) - Home Depot may be the latest retailer to suffer a major credit card data breach.

September 02, 2014 | | Nationwide


It’s no longer safe to recline airplane seat

NEW YORK (AP) - Squeezed into tighter and tighter spaces, airline passengers appear to be rebelling, taking their frustrations out on other fliers.

September 02, 2014 | | Nationwide


Some fear auto industry returning to bad habits

DETROIT (AP) - Big discounts. Six- or seven-year loans, in some cases to buyers who would have been turned down in the past.

September 02, 2014 | | Nationwide


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