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Archive By Section - Nationwide


How a phony tweet and computer trades sank stocks by $134 billion

NEW YORK (AP) - For a few surreal minutes, a mere 12 words on Twitter caused the world's mightiest stock market to tremble.

April 24, 2013 | | Nationwide


Microsoft to hold Xbox event on May 21 to showcase next console

REDMOND, Wash. (AP) - Microsoft is inviting journalists to an Xbox event at its Redmond., Wash., headquarters that will likely shed light on its next video game console.

April 24, 2013 | | Nationwide


Fed: Redesigned $100 bill will be ready by October

WASHINGTON (AP) - The Federal Reserve announced Wednesday that it will begin circulating a redesigned $100 bill this fall, more than two years after its initial target.

April 24, 2013 | | Nationwide


Apple to dole out $100B to shareholders

CUPERTINO (AP) - Apple is opening the doors to its bank vault, saying it will distribute $100 billion in cash to its shareholders by the end of 2015. At the same time, the company said revenue for the current quarter could fall from the year before, which would be the first decline in many years.

April 23, 2013 | | Nationwide


US immigration bill could slow Indian outsourcers

MUMBAI, India (AP) - Low cost efficiency put India's outsourcing companies at the heart of global business and created a multibillion dollar industry that for years has skated over criticism it was eliminating white collar jobs in rich nations. Now, the industry's long-held fears of a backlash are being realized in its crucial U.S. market.

April 23, 2013 | | Nationwide


AT&T loses contract phone subscribers in 1Q

DALLAS (AP) - AT&T lost phone subscribers from its contract-based plans for the first time in the latest quarter, in a sign that growth in the industry is stalling now that most Americans have smartphones.

April 23, 2013 | | Nationwide


Judge OKs NYC plan for 'e-hailing' yellow taxi cabs

NEW YORK (AP) - The city can experiment with letting taxi seekers hail rides electronically, a judge said Tuesday in a ruling that could clear the way for riders to summon the city's signature yellow cabs with smartphone apps instead of raised arms.

April 23, 2013 | | Nationwide


Wells Fargo raises quarterly dividend to 30 cents

SAN FRANCISCO (AP) - Wells Fargo is raising its quarterly dividend to 30 cents, from 25 cents.

April 23, 2013 | | Nationwide


Home sales slip slip as supply remains tight

WASHINGTON (AP) - Sales of previously occupied U.S. homes dipped in March as the supply remained tight. But the sales pace remained ahead of last year's.

April 22, 2013 | | Nationwide


Netflix's subscriber gains catapult stock

SAN FRANCISCO (AP) - Netflix's move to compete against traditional cable-TV channels with original programming is pulling in more subscribers to its Internet video service and winning back investors who doubted the company's ability to cultivate distinctive entertainment.

April 22, 2013 | | Nationwide


Audit: Vegas taxis overcharged $15M to airport

LAS VEGAS (AP) - Clark County taxicab drivers taking tourists on the scenic route to and from the airport overcharged their passengers an estimated $14.8 million last year, according to a legislative audit released Monday.

April 22, 2013 | | Nationwide


Oak Valley Bank: Net income of $1.3 million for first quarter

OAKDALE − Oak Valley Bancorp - the bank holding company for Oak Valley Community Bank and Eastern Sierra Community Bank - recently reported consolidated net income of $1.3 million for the first quarter.

April 22, 2013 | | Nationwide


McDonald's fails to boost sales with Dollar Menu as sales slump

NEW YORK (AP) - McDonald's managed to eke out a higher profit for its first quarter even as the world's biggest hamburger chain failed to lift sales with its Dollar Menu.

April 19, 2013 | | Nationwide


Social Security is an entitlement

Q: It really gets my goat when I hear politicians refer to Social Security as an entitlement. I worked all my life and paid Social Security taxes all my life. How can they call that an entitlement?

April 19, 2013 | | Nationwide


Suitors back away from Dell bids amid PC slump

NEW YORK (AP) - Buyout specialist Blackstone Group LP is dropping its effort to acquire Dell, and billionaire investor Carl Icahn is reportedly unlikely to follow through on his preliminary acquisition offer, as suitors digest studies showing a staggering decline in PC sales.

April 19, 2013 | | Nationwide


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Articles by Section - Nationwide


Juggling too many remotes? Try this touch screen device

SAN FRANCISCO (AP) - How many remotes does it take to watch television, stream Netflix or record your favorite show on DVR?

February 17, 2015 | | Nationwide


Drugmaker resubmits women’s sex pill

WASHINGTON (AP) - The makers of a twice-rejected pill designed to boost sexual desire in women are hoping a yearlong lobbying push by politicians, women's groups and consumer advocates will move their much-debated drug onto the market.

February 17, 2015 | | Nationwide


Now someone can manage your Facebook after you die

MENLO PARK (AP) - Facebook is making it easier to plan for your online afterlife.

February 12, 2015 | | Nationwide


Retailers fret as products languish on ships, docks

LOS ANGELES (AP) - It's early for many Americans still sloshing through winter to plan their gardens, home improvements and spring sports leagues, but stores gearing up for warmer weather are fretting that they won't have some products to sell due to a labor crisis at West Coast seaports.

February 12, 2015 | | Nationwide


Zynga reports loss of $4.5M

SAN FRANCISCO (AP) - Zynga Inc. (ZNGA) on Thursday reported a loss of $45.1 million in its fourth quarter.

February 12, 2015 | | Nationwide


Expedia to buy Orbitz, further shift in online travel bookings

NEW YORK (AP) - A wave of deals in the online travel industry has increasingly put some familiar names under two corporate umbrellas: Expedia and Priceline.

February 12, 2015 | | Nationwide


IRS apologizes for seizing small business bank accounts

WASHINGTON (AP) - Pressured by Congress, the IRS said Wednesday it is changing its policies and apologizing for seizing banks accounts from otherwise law-abiding business owners simply because they structured bank transactions to avoid federal reporting requirements.

February 11, 2015 | | Nationwide


Tesla’s 4Q profit falls on strong dollar, delayed shipments

FREMONT (AP) - Electric car maker Tesla Motors' fourth-quarter loss widened to $107.6 million because of the impact of the strong dollar and a delay in shipments of its new all-wheel-drive Model S sedan.

February 11, 2015 | | Nationwide


Cybersecurity firm FireEye stock up

SAN FRANCISCO (AP) - FireEye Inc., the high-profile computer security company called in to investigate massive hacks at Sony Pictures and Anthem, reported fourth-quarter earnings Wednesday that show its business is growing but profit so far remains elusive.

February 11, 2015 | | Nationwide


Panera beats profit forecasts

ST. LOUIS (AP) - ST. LOUIS (AP) - Panera Bread Co. (PNRA) on Wednesday reported fourth-quarter net income of $48.5 million.

February 11, 2015 | | Nationwide


Yelp buying East24 online food ordering

NEW YORK (AP) - Competition for online takeout orders is heating up with Yelp's purchase of Eat24.

February 10, 2015 | | Nationwide


Samsung smart TVs eavesdropping?

SEOUL, South Korea (AP) - Watch what you say in your living room. Samsung's smart TV could be listening. And sharing.

February 10, 2015 | | Nationwide


Flipboard magazines not just for mobile devices anymore

PALO ALTO (AP) - Smartphones and tablets have been pushing the personal computer aside, thanks in part to popular apps made by mobile-first entrepreneurs like Flipboard CEO Mike McCue.

February 10, 2015 | | Nationwide


Apple sets US record with market value above $700B

CUPERTINO (AP) - Apple has set a record on Wall Street: It's the first U.S. company to be worth more than $700 billion based on the value of its stock at the close of trading Tuesday.

February 10, 2015 | | Nationwide


California formally opens large solar plant

RIVERSIDE (AP) - One of the nation's largest solar projects was dedicated Monday in the Riverside County desert, as California rushes to expand its use of green power to meet the state's renewable energy requirements.

February 09, 2015 | | Nationwide


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