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Tesla fire shows electrics face safety challenges

FREMONT (AP) - When debris on a Seattle-area freeway pierced the battery of a $70,000-plus Tesla Model S and touched off a raging fire, it raised new safety concerns for electric-vehicle owners.

October 03, 2013 | | Nationwide


Oracle defends CEO's pay

SAN FRANCISCO (AP) - Oracle is facing a potential shareholder revolt against a compensation formula that has consistently made its billionaire co-founder, Larry Ellison, one of the best-paid CEOs in the world.

October 02, 2013 | | Nationwide


Evite now selling paper invitations for first time

NEW YORK (AP) - Evite is going the paper route. The website, which pioneered digital invitations 15 years ago, is launching paper invites for the first time.

October 02, 2013 | | Nationwide


Cerberus interested in BlackBerry

TORONTO (AP) - Private equity firm Cerberus is interested in taking a look at BlackBerry's books as a prelude to a possible bid for the troubled smartphone company.

October 02, 2013 | | Nationwide


Firefighters say Tesla car fire involved battery

SEATTLE (AP) - Flames that engulfed the front end of a Tesla electric car near Seattle also burned in the vehicle's battery pack, making it difficult for firefighters to extinguish the blaze, according to documents obtained by The Associated Press.

October 02, 2013 | | Nationwide


Icahn wants Apple to spend $150B buying its stock

SAN FRANCISCO (AP) - Activist investor Carl Icahn is pressuring Apple to spend $150 billion buying back its own stock, a target that would more than double the amount that the company's board authorized in a previous attempt to placate frustrated shareholders.

October 01, 2013 | | Nationwide


About myth of Social Security ‘welfare’ for disabled rich kids

Q: I have a neighbor who is in his early 50s. He is a pilot for a major airline and makes pretty good money. He and his wife have several children, one of whom has a rather severe case of Down syndrome. I have heard that this 21-year-old son is collecting about $2,000 per month in welfare benefits from Social Security. Don't get me wrong. I would never want to trade places with these people. But I am just wondering how rich people qualify for welfare benefits? And I'm also wondering why this kid is getting Social ...

September 27, 2013 | | Nationwide


FAA to weigh easing limits on devices

WASHINGTON (AP) - With the blessing of an influential advisory panel, federal regulators are closer to letting airline passengers use their smartphones, tablets, e-readers and other electronic gadgets during takeoffs and landings.

September 27, 2013 | | Nationwide


Ship crosses Northwest Passage

TORONTO (AP) - A Danish-owned coal-laden cargo ship has sailed through the Northwest Passage for the first time and into the history books as the second bulk carrier to navigate the Arctic route.

September 27, 2013 | | Nationwide


Exxon to offer benefits to same-sex couples

NEW YORK (AP) - Exxon Mobil Corp. said Friday that it will begin offering benefits to legally married same-sex couples in the U.S. for the first time starting next week.

September 27, 2013 | | Nationwide


Money woes behind rate hike request

WASHINGTON (AP) - Postmaster General Patrick Donahoe said Thursday the Postal Service had no choice but to ask for an emergency rate hike given the agency's dire finances.

September 26, 2013 | | Nationwide


eBay to buy Braintree for $800M

SAN JOSE (AP) - E-commerce giant eBay Inc. reached a deal to buy online and mobile payments technology provider Braintree for $800 million in cash.

September 26, 2013 | | Nationwide


Investors want $1M to go up in smoke

DENVER (AP) - A marijuana industry investment group is pouring more than $1 million into cannabis businesses, seeking to cash in on the rapidly expanding industry.

September 26, 2013 | | Nationwide


Medicare regional chief talks to Manteca seniors about health program’s future

Regional administrator at the centers for Medicare and Medicaid Services in San Francisco, David Sayen, spoke to Manteca seniors Monday on the future of medical care for the aged.

September 26, 2013 | | Nationwide


JCP plans public stock offering

PLANO, Texas (AP) - J.C. Penney Co. plans to sell up to 96.6 million shares of common stock in a public offering, evidence the chain is looking to shore up its cash reserves ahead of what is expected to be a fiercely competitive holiday shopping season.

September 26, 2013 | | Nationwide


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Articles by Section - Nationwide


BUSINESS NEWS

• ALIBABA OPENS DATA CENTER IN SILICON VALLEY: SAN JOSE (AP) - The cloud-computing unit of Chinese e-commerce powerhouse Alibaba is making its first foray into the U.S. by opening a data center in Silicon Valley.

March 04, 2015 | | Nationwide


Sony plans to launch gaming virtual-reality headset in 2016

SAN FRANCISCO (AP) - Sony plans on putting its virtual-reality headset on consumers' noggins next year.

March 04, 2015 | | Nationwide


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