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Weak Oracle sales, Cyprus fears weigh on US stock prices

NEW YORK (AP) - Stocks closed lower on Wall Street Thursday after Oracle's weak sales results weighed down big U.S. technology companies. Traders also worried about Cyprus running out of time to avoid bankruptcy.

March 21, 2013 | | Nationwide


Average for jobless claims at fresh 5-year low

WASHINGTON (AP) - The number of people seeking U.S. unemployment aid barely changed last week, while the average over the past month fell to a fresh five-year low. The decline in layoffs is helping strengthen the job market.

March 21, 2013 | | Nationwide


Pepsi rolls out a new shape for bottle

NEW YORK (AP) - Pepsi is rolling out a new shape for its 20-ounce bottle for the first time in about 17 years.

March 21, 2013 | | Nationwide


Business Briefs

HP HIKES QUARTERLY SHAREHOLDER PAYOUT 10 PCT: PALO ALTO (AP) - Personal computer maker Hewlett-Packard Co. says its will raise the quarterly dividend it pays shareholders by about a penny to 14.5 cents per share.

March 21, 2013 | | Nationwide


Yahoo brings back 5 ex-employees in latest deal

SUNNYVALE (AP) - Yahoo has bought Silicon Valley startup Jybe so it can bring back five of its former engineers to help the Internet company build better mobile applications.

March 20, 2013 | | Nationwide


HP to face testy shareholders at annual meeting

MOUNTAIN VIEW (AP) - Hewlett-Packard Co.'s annual meeting will give shareholders an opportunity to vent their frustration over the personal computer maker's botched acquisitions and other follies that have been plaguing the Silicon Valley pioneer for several years.

March 20, 2013 | | Nationwide


Oracle shares fall on weak report

REDWOOD CITY (AP) - Oracle Corp. on Wednesday reported flat earnings for its fiscal third-quarter, hurt by a drop in sales of hardware systems and new software. Shares tumbled in after-hours trading on the weaker-than-expected results.

March 20, 2013 | | Nationwide


HP develops glasses-free 3-D for mobile devices

LOS ANGELES (AP) - Researchers at Hewlett-Packard Co. have developed a way to put glasses-free 3-D video on mobile devices with a viewing angle so wide that viewers can see an object more fully just by tilting the screen.

March 20, 2013 | | Nationwide


Fed Reserve stands by stimulus strategy

WASHINGTON (AP) - The Federal Reserve isn't yet convinced that the U.S. economy's growth can accelerate without the Fed's drive to keep borrowing costs at record lows. It wants to see sustained improvement.

March 20, 2013 | | Nationwide


About 23% of world's rigs drilling in Texas

SAN ANTONIO (AP) - The Texas oil industry for several decades seemed headed into territory best described by the old saying "all hat and no cattle."

March 19, 2013 | | Nationwide


Walgreen buys wholesaler stake, 2Q profit climbs

DEERFIELD, Ill. - Drugstore chain Walgreen Co. is buying an ownership stake in another big company, this time in a deal that could increase its clout when negotiating prices with drugmakers.

March 19, 2013 | | Nationwide


Justice: Email snooping law no longer makes sense

WASHINGTON (AP) - The Justice Department on Tuesday dropped its support for a controversial provision in a federal law that allows police to review some private emails without a warrant, but it asked Congress to expand its surveillance powers in other ways.

March 19, 2013 | | Nationwide


See-through yoga pants a pain for Lululemon

NEW YORK (AP) - Lululemon has yanked its popular black yoga pants from store shelves and online after it found that the sheer material used was revealing too much of its loyal customers.

March 19, 2013 | | Nationwide


Uncle Sam to revise cigarette warning labels after court loss

RICHMOND, Va. (AP) - The U.S. government is abandoning a legal battle to require that cigarette packs carry a set of large and often macabre warning labels depicting the dangers of smoking and encouraging smokers to quit.

March 19, 2013 | | Nationwide


Fed likely to back low-rate policies

WASHINGTON (AP) - The U.S. economy is strengthening on the fuel of more job growth, rising home prices and solid retail sales. Just don't expect the Federal Reserve to let up in its drive to keep stimulating the economy with record-low interest rates.

March 19, 2013 | | Nationwide


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Articles by Section - Nationwide


Samsung unveils phone with built- in heart-rate monitor

BARCELONA, Spain (AP) - Samsung sought Monday to frame its new Galaxy S5 smartphone as a lifestyle product, as it emphasized a built-in heart-rate sensor and improved camera features over its slightly larger size.

February 24, 2014 | | Nationwide


Mark Zuckerberg takes long view with WhatsApp, Internet

NEW YORK (AP) - Mark Zuckerberg, known for his outsized ambitions for Facebook, is applying a similar long-term vision to bringing the Internet to the billons of people around the world who don't already have access.

February 24, 2014 | | Nationwide


Computer whizzes stage hackathons

SAN JOSE (AP) - It used to be that "hacking" was just a type of crime, a computer break-in. But today, the term is also part of a growing - and perfectly legal - mainstay of the tech sector.

February 17, 2014 | | Nationwide


Older Americans are early winners under health law

CHICAGO (AP) - For many older Americans who lost jobs during the recession, the quest for health care has been one obstacle after another. They're unwanted by employers, rejected by insurers, struggling to cover rising medical costs and praying to reach Medicare age before a health crisis.

February 17, 2014 | | Nationwide


Train accidents stir worries about crude rail transport

BILLINGS, Mont. (AP) - At least 10 times since 2008, freight trains hauling oil across North America have derailed and spilled significant quantities of crude, with most of the accidents touching off fires or catastrophic explosions.

February 17, 2014 | | Nationwide


Trade ban has Russia’s knickers in a twist

MOSCOW (AP) - A trade ban on lacy lingerie has Russian consumers and their neighbors with their knickers in a twist.

February 17, 2014 | | Nationwide


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