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Archive By Section - Nationwide


Apple climbs; Topeka calls share sell-off 'insane'

CUPERTINO (AP) - Shares of Apple jumped over 7 percent Monday, with one analyst calling a two-month sell-off in shares of the most valuable company on earth "insanely insane."

November 19, 2012 | | Nationwide


Intel CEO to retire in surprise move

SANTA CLARA (AP) - Intel CEO Paul Otellini is retiring in May, giving the world's largest maker of microprocessors six months to find a new leader as it confronts two major challenges: a shaky economy and a shift toward mobile devices that is reducing demand for its PC chips.

November 19, 2012 | | Nationwide


Twinkies maker Hostess lives at least another day for private labor mediation

WHITE PLAINS, N.Y. (AP) - Twinkies will live to see another day.

November 19, 2012 | | Nationwide


5 banks have cut mortgage balances by $6.3B

LOS ANGELES (AP) - Five of the biggest U.S. banks have cut struggling homeowners' mortgage balances by $6.3 billion, part of a total $26.1 billion in home loan relief provided under a landmark settlement over foreclosure abuses.

November 19, 2012 | | Nationwide


Average credit card debt per borrower up

LOS ANGELES (AP) - Americans cranked up their use of credit cards in the third quarter, racking up more debt than a year ago, while also being less diligent about making payments on time, an analysis of consumer-credit data shows.

November 19, 2012 | | Nationwide


Ford to bring smaller engine in 2014 Fiesta

DEARBORN, Mich. (AP) - Ford is bringing its smallest engine to the U.S. in the race to meet stricter government fuel economy rules.

November 19, 2012 | | Nationwide


Twinkies likely to survive sale of Hostess

DETROIT (AP) - Twinkie lovers, relax.

November 18, 2012 | | Nationwide


J.C. Penney CEO tries to change the way Americans shop

NEW YORK (AP) - J.C. Penney CEO Ron Johnson seems unfazed that the department store chain's mounting losses and sales declines have led to growing criticism of his plan to change the way we shop. Perhaps that's because this isn't the first time during Johnson's 30-year career that he's attempted what seemed impossible.

November 18, 2012 | | Nationwide


State jobless rate dips to 10.1 percent

LOS ANGELES (AP) - California continued its economic recovery as the unemployment rate dipped to 10.1 percent in October, led by increases in private sector jobs such as construction, retail and well-paying professional work.

November 17, 2012 | | Nationwide


Twinkie maker Hostess reaches the end of the line

NEW YORK (AP) - Twinkies may not last forever after all.

November 16, 2012 | | Nationwide


SOCIAL SECURITY

Spousal Benefit Clarifications

November 16, 2012 | | Nationwide


Pension insurer runs record $34B deficit

WASHINGTON (AP) - The federal agency that insures pensions for more than 40 million Americans last year ran the widest deficit in its 38-year history.

November 16, 2012 | | Nationwide


Sex offender was festival volunteer at San Jose Catholic church school

SAN JOSE (AP) - A California registered sex offender convicted of molesting a relative was caught volunteering at a Catholic elementary school festival, but he was not arrested because he had a permission letter from a church official.

November 15, 2012 | | Nationwide


Oakland tries to avoid federal takeover of police department

OAKLAND (AP) - A federal judge has ordered city officials to negotiate with two lawyers who want the embattled Oakland Police Department to become the first in the nation to be taken over by the federal government.

November 15, 2012 | | Nationwide


BP agrees to pay $4.5B; 3 employees charged

NEW ORLEANS (AP) - A day of reckoning arrived for BP on Thursday as the oil giant agreed to plead guilty to a raft of charges in the deadly Gulf of Mexico spill and pay a record $4.5 billion, including the biggest criminal fine in U.S. history. Three BP employees were also charged, two of them with manslaughter.

November 15, 2012 | | Nationwide


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Articles by Section - Nationwide


Record iPhone sales drive Apple’s 3Q beat

CUPERTINO (AP) - The iPhone again proved to be the engine behind Apple's blockbuster financial performance, driving quarterly results well past expectations.

October 20, 2014 | | Nationwide


Not so fast cordcutters: Cable’s far from dead

NEW YORK (AP) - Cord cutters rejoiced last week after HBO and CBS announced plans to sell stand-alone streaming services, a move that cable and satellite television providers have resisted for years. Customers tired of paying big fees for hundreds of channels they never watch just to have access to a few favorite shows might be expected to start cancelling cable service in droves. Get Netflix, throw in HBO, add a network here and there - why would anyone sign up now for cable?

October 20, 2014 | | Nationwide


Thinner iPads, sharper iMacs in Apple’s lineup

CUPERTINO (AP) - Apple unveiled a thinner iPad Thursday with a faster processor and a better camera as it tries to drive excitement for tablets amid slowing demand. The company also released an update to its Mac operating system and introduced a high-resolution iMac model that might appeal to heavy watchers of television over the Internet.

October 16, 2014 | | Nationwide


Google’s 3Q earnings fall as expenses climb 30%

MOUNTAIN VIEW (AP) - Google's third-quarter earnings slipped as the Internet search leader hired nearly 3,000 more employees while pouring more money into its zest for innovation and quest for new markets.

October 16, 2014 | | Nationwide


Apple Pay is bigger bet than gadgets

CUPERTINO (AP) - Apple showed off thinner iPads and a new iMac with a high-resolution display on Thursday. Sleek and stunning, yes, but not likely to spark the next iRevolution. The tech giant's bigger strategic bet is that mobile pay service Apple Pay, debuting Monday, will be the next thing you didn't know you needed - but now can't live without.

October 16, 2014 | | Nationwide


iPhone glass maker to cut 727 jobs at Arizona plant

MESA, Ariz. (AP) - A manufacturer of sapphire glass that Apple Inc. uses in iPhones plans to eliminate 727 jobs at an Arizona plant.

October 16, 2014 | | Nationwide


Google tries to upstage Apple

MOUNTAIN VIEW (AP) - Google is coming out with bigger, more expensive versions of its Nexus phone and tablet to attract more of the affluent consumers who faithfully buy each new generation of Apple's iPhone and iPad. It's also releasing a new streaming video and music device, Nexus Player, to compete with Apple TV and Roku, among others.

October 15, 2014 | | Nationwide


Netflix’s stock plunges, subscriber growth slips

SAN FRANCISCO (AP) - This is a sequel that Netflix shareholders never wanted to see: The world's largest Internet video service has once again turned off potential viewers with a price increase that is punishing the company's stock price.

October 15, 2014 | | Nationwide


HBO Go-ing away from cable, will stand on its own

NEW YORK (AP) - Next year HBO is cutting the cord and selling its popular streaming video service HBO Go as a stand-alone product, as more Americans choose to watch the Web, not the TV. Viewers longing to see "Game of Thrones", "True Detective" and "Veep" will no longer have to pay big bucks for cable and satellite contracts. So, is this the end of pay-TV as we know it?

October 15, 2014 | | Nationwide


Wal-Mart cuts sales outlook due to economy

NEW YORK (AP) - Wal-Mart Stores Inc. cut its revenue outlook for its current fiscal year as it announced it is scaling back its expansion plans for its supercenters next year and stepping up investments in its online operations.

October 15, 2014 | | Nationwide


HP resumes buyback of stock

PALO ALTO (AP) - PC maker Hewlett-Packard said Wednesday it is resuming buybacks and reaffirmed its guidance for 2014 and 2015.

October 15, 2014 | | Nationwide


Twitter to be used for payments at French stores

PARIS (AP) - Did someone spot you money for lunch two weeks ago? In France, Twitter users can now publicly repay debts, donate to charity or chip in for a gift with a new payment service backed by the country's second-largest banking service.

October 14, 2014 | | Nationwide


Can dentists legally bar teeth-whitening competition?

WASHINGTON (AP) - Teeth-bleaching isn't brain surgery, although the Supreme Court seemed to find a link between the two in an antitrust case argued Tuesday.

October 14, 2014 | | Nationwide


Education group snuffs out tobacco ties

RICHMOND, Va. (AP) - In a quick about-face, the National School Boards Association is cutting ties with the nation's second-biggest cigarette maker, R.J. Reynolds Tobacco Co.

October 14, 2014 | | Nationwide


Macy’s to open even earlier on Thanksgiving

NEW YORK (AP) - Macy's Inc. is opening its stores at 6 p.m. on Thanksgiving Day, two hours earlier than last year, to lure holiday shoppers.

October 14, 2014 | | Nationwide


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