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Archive By Section - Nationwide


S&P 500 creeps near four-year high; Cisco surges

NEW YORK (AP) - Encouraging earnings from Cisco and hopeful signs in a housing report lifted the stock market Thursday. The gains nudged the Standard & Poor's 500 index near the four-year high it reached earlier this year.

August 16, 2012 | | Nationwide


Gap's 2nd quarter profit up 29 percent

SAN FRANCISCO AP) - Gap Inc. reported a 29 percent increase in second-quarter net income, evidence the fashion retailer's moves to liven up its clothing with brightly colored trendy looks are winning over shoppers.

August 16, 2012 | | Nationwide


Groupon stock hits another low after 2Q results

SAN FRANCISCO (AP) - Groupon's stock hit another low, days after the online deals company issued a lackluster quarterly report.

August 16, 2012 | | Nationwide


Facebook plunges to $19.69 per share

MENLO PARK (AP) - Facebook's stock plunged to a new low Thursday as some of the social networking leader's early backers got their first chance to sell their shares since the company's initial public offering went awry.

August 16, 2012 | | Nationwide


People affected by refinery fire sue Chevron

RICHMOND (AP) - Nine people have sued Chevron Corp. over a California refinery fire that sent thousands to hospitals with respiratory issues and contributed to higher gasoline prices on the West Coast.

August 16, 2012 | | Nationwide


Olympic swimmer Michael Phelps again graces Wheaties cereal boxes

NEW YORK (AP) - With another six Olympic medals around his neck, swimmer Michael Phelps is once again touting the breakfast of champions.

August 16, 2012 | | Nationwide


Target raises profit outlook on solid 2Q sales

MINNEAPOLIS (AP) - Target Corp. raised its full-year profit projection Wednesday after the cheap-chic discounter reported better-than-expected second-quarter revenue that showed healthy spending in food, beauty, fashion and other items.

August 15, 2012 | | Nationwide


Lacker: Fed's power to fix economy now limited

WASHINGTON (AP) - A voting member of the Federal Reserve's policy committee is cautioning that the Fed's power to fix the U.S. economy is limited now.

August 15, 2012 | | Nationwide


US economic recovery weakest since World War II

WASHINGTON (AP) - The recession that ended three years ago this summer has been followed by the feeblest economic recovery since the Great Depression.

August 15, 2012 | | Nationwide


Cisco's 4Q earnings rise 56%

SAN JOSE (AP) - Cisco Systems Inc., the world's largest maker of computer networking equipment, is seeing its ambitions cramped by the global economic turmoil, but results for its latest quarter were strong enough that it announced an increase to its dividend.

August 15, 2012 | | Nationwide


Shatner's Negotiator back in new Priceline spot

LOS ANGELES (AP) - William Shatner's Priceline Negotiator isn't a goner, after all. He just went surfing.

August 15, 2012 | | Nationwide


Facebook insiders can sell stock as 'lock-up' ends

MENLO PARK (AP) - Facebook's early investors and a handful of directors will become eligible on Thursday to sell stock they own in the social networking company. It marks the beginning of a time-honored process for public companies, one that will give many Facebook employees the same right to sell their shares this fall.

August 14, 2012 | | Nationwide


Deals fatigue? Groupon stock 27 percent down

LOS ANGELES (AP) - Groupon's stock is 27 percent cheaper Tuesday, but that doesn't make it a bargain.

August 14, 2012 | | Nationwide


Camry sheds ho-hum image to snare younger car buyers

DETROIT (AP) - A sporty version of the new Camry is helping the car shed its ho-hum image.

August 14, 2012 | | Nationwide


New toilet technology after 150 years

SEATTLE (AP) - These aren't your typical loos. One uses microwave energy to transform human waste into electricity. Another captures urine and uses it for flushing. And still another turns excrement into charcoal.

August 14, 2012 | | Nationwide


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Articles by Section - Nationwide


GameStop hires 25,000 seasonal workers, up 47%

GRAPEVINE, Texas (AP) - Gamers rejoice: GameStop is almost doubling its number of seasonal workers this holiday season as it prepares to deal with strong demand for new video games and the new iPhone.

September 26, 2014 | | Nationwide


DirecTV shareholders OK $48.5B sale

NEW YORK (AP) - AT&T's proposed $48.5 billion acquisition of DirecTV is moving forward as shareholders of the country's largest satellite TV broadcaster approved the deal. But it still needs regulatory approval.

September 26, 2014 | | Nationwide


Ways to hide, secure phone data

NEW YORK (AP) - Apple got a lot of attention last week when it released a new privacy policy along with a declaration that police can't get to your password-protected data.

September 22, 2014 | | Nationwide


Detroit tells judge: We can’t give away free water

DETROIT (AP) - Detroit's water department defended its shutoff policy Monday and warned that free service to people with unpaid bills could be "very devastating" to the bottom line.

September 22, 2014 | | Nationwide


Cracks down on moving overseas

WASHINGTON (AP) - The Obama administration cracked down Monday on certain overseas corporate mergers and acquisitions, aiming to curb American companies from shifting their ownership abroad to shirk paying U.S. taxes.

September 22, 2014 | | Nationwide


Investors fret. Yahoo’s stock dips

SUNNYVALE (AP) - Yahoo may be losing some appeal on Wall Street now that U.S. investors can buy directly into Alibaba.

September 22, 2014 | | Nationwide


BUSINESS NEWS FROM ACROSS THE NATION

• STARBUCKS TESTS LATTE WITH STOUT FLAVOR: NEW YORK (AP) - Starbucks is testing a latte that it says has the "savory toasty malt" flavor of a foamy mug of stout.

September 22, 2014 | | Nationwide


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