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War on pensions moves to new target in Stockton

When I wrote about the coming "Public Pension Wars" a few years ago, the responses ranged from astounded to angry. The very idea that a state or municipality could change pension contribution requirements - in the middle of an employee's career - was shocking.

July 13, 2012 | | Nationwide


Macy's wins temporary block against Martha Stewart

NEW YORK (AP) - J.C. Penney's woes keep piling on. In the latest string of troubles, Macy's won a preliminary injunction against Martha Stewart Living that would prevent it from selling some of its products at the chain.

July 13, 2012 | | Nationwide


Prosecutor: Iowa-based CEO carried out $200M fraud

CEDAR RAPIDS, Iowa (AP) - The chief executive of an Iowa-based brokerage firm admitted in a tell-all suicide note that he carried out an elaborate fraud scheme in which he embezzled at least $100 million from customers over two decades, federal investigators said Friday.

July 13, 2012 | | Nationwide


Suspending your benefits before they even start

Q. I am about to turn 66 years old. I was planning to wait until age 70 to file for my Social Security benefits because I wanted to get the delayed retirement bonus you mention so often in your column. But I found an article on the web that encourages people like me to file at age 66 and then immediately suspend my benefits. That way, if I change my mind before age 70, I can go back and get retroactive benefits until age 66. What do you know about this?

July 13, 2012 | | Nationwide


Developers pull plans for New Mexico ghost town to study new technology

ALBUQUERQUE, N.M. (AP) - The company behind plans to build a scientific ghost town says it is pulling out of a deal to develop the make-believe city near Hobbs.

July 13, 2012 | | Nationwide


US rowing team outfitted with Philly-made gear

PHILADELPHIA (AP) - While lawmakers in Congress continue fuming about uniforms for the U.S. Olympic team being made in China, a Philadelphia company is looking forward to seeing its locally-made apparel being worn by American rowers.

July 13, 2012 | | Nationwide


Visa, MasterCard in $6B settlement over card fees

NEW YORK (AP) - Visa, MasterCard and major banks agreed to pay retailers at least $6 billion to settle a long-running lawsuit that alleged the card issuers conspired to fix the fees that stores pay to accept credit cards. As part of the settlement, announced late Friday, stores from Rite Aid to Kroger will be allowed to charge customers more if they pay using a credit card.

July 13, 2012 | | Nationwide


NM on verge of repossessing state's supercomputer

ALBUQUERQUE, N.M. (AP) - Gov. Susana Martinez's administration is on the verge of taking back New Mexico's $11 million supercomputer known as "Encanto" from the nonprofit group set up to operate it.

July 12, 2012 | | Nationwide


Yahoo confirms theft of 450,000 users' passwords

LONDON (AP) - Some 450,000 Yahoo users' email addresses and passwords have been leaked because of a security breach, the company confirmed Thursday, adding that just a small fraction of the stolen passwords were valid.

July 12, 2012 | | Nationwide


Scam claiming President Obama offering to pay utility bills proves costly for thousands

MADISON, Wis. (AP) - As much as President Barack Obama wants your vote, he's not actually offering to pay your monthly bills.

July 12, 2012 | | Nationwide


NBC launches 2 apps to watch the Olympics

NEW YORK (AP) - NBC launched two mobile apps that will let people watch Olympics events as they happen, look up athlete profiles and access other extra content on their iPads, iPhones and certain Android devices.

July 12, 2012 | | Nationwide


Yahoo's interim CEO faces off with shareholders

SAN FRANCISCO (AP) - Yahoo's restless shareholders let interim CEO Ross Levinsohn know that they won't give him much time to fix the troubled company if he gets the job on a permanent basis.

July 12, 2012 | | Nationwide


Scranton mayor slashes city workers' pay to minimum wage in budget move

SCRANTON, Pa. (AP) - A fiscal and political crisis in the nearly-broke northeastern Pennsylvania city of Scranton deepened Tuesday as public employee unions sought to have the mayor held in contempt of court after he defied a judge and slashed workers' pay to minimum wage.

July 10, 2012 | | Nationwide


Openings rose in May, good sign for hiring

WASHINGTON (AP) - U.S. employers advertised more jobs in May than April, a hopeful sign after three months of weak hiring.

July 10, 2012 | | Nationwide


Dems want tax cuts for businesses that hire

WASHINGTON (AP) - Democrats began trying to push a bill through the Senate Tuesday slicing taxes for businesses that hire new workers and buy major new equipment. They ran straight into opposition from Republicans who complained that the measure was too timid and sought to refocus the debate on their own economic priorities.

July 10, 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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