Apple sags as consumers buy cheaper iPhones

JPMorgan to pay $100M in credit card settlement

NEW YORK (AP) - JPMorgan Chase has agreed to pay $100 million to settle a lawsuit by customers who claim the nation's largest bank improperly increased minimum payments on their credit card bills. The proposed settlement would end a three-year-old case against Chase for raising the cardholders' minimum payment to 5 percent of account balances from 2 percent in 2008 and 2009. ...

Software maker VMware buys Nicira for $1.26B

PALO ALTO (AP) - Business software maker VMware is buying computer networking specialist Nicira for nearly $1.3 billion. The deal announced Monday will expand VMware's product line in the rapidly growing field of computer "virtualization." The term refers to software that lowers the costs of running data centers by enabling a single computer to function like multiple machines. <p style="line-height: 18pt; background: ...

2nd triple-digit loss for Dow in 2 days

McDonald's net income drops in second quarter

Peet's Coffee & Tea going private for $977.6 million

EMERYVILLE (AP) - Peet's Coffee & Tea is being taken private by a German conglomerate for approximately $977.6 million. Privately held Joh. A. Benckiser, which invests in consumer goods brands, will pay $73.50 per share, a 29 percent premium to Peet's closing stock price of $57.16 on Friday. The companies said Monday the deal was worth about ...

How Apple's phantom taxes helps hide billions in profit

Cisco to lay off 1,300 employees in latest cutback

SAN JOSE (AP) - Cisco Systems is preparing to lay off about 1,300 workers just a few months after the world's largest maker of computer networking equipment warned that growing economic uncertainty is making it tougher to close sales with its customers. The cuts announced Monday represent about 2 percent of Cisco System Inc.'s payroll of 65,000 workers. <p style="line-height: 18pt; background: ...

Netflix's 2Q results riding on subscriber growth

Simple questions with not so simple answers

US has fewest cattle in at least 4 decades

DirecTV, Viacom fight to draw in channel punch-out

Ford says plug-in van goes 20 miles on electricity

DETROIT (AP) - Ford says a plug-in electric version of its new C-Max small van will be able to go more than 20 miles on battery power alone, and have a range of 550 miles on a tank of gas. The C-Max Energi plug-in, due in showrooms this fall, is expected to get the equivalent of 95 miles per gallon of gasoline ...

Verizon's wireless glows as broadband growth hits wall

Google's earnings rise as clicks on ads soar

Laying bare your finances to apply for federal health care

Prices up 9.3%, most in 7 years

Las Vegas to build $30 million, 60-lane bowling center

Pending home sales reach 3-year high in March

JC Penney to get $1.75B in financing

FDA will investigate added caffeine in foods

Pot taxes prove sticking point in Colorado

Google invading Siri's turf

Senior Citizens and Social Security disability

Smartphones overtake 'dumb' phone sales

Internet sales tax bill to hit roadblock in House of Reps

Prom spending is on the rise again

NEW YORK (AP) - The prom is making a big comeback.

Zuckerberg reaped $2.3B gain on stock options

GM: New Corvette to start around $52,000

Safeway's sales disappoint amid rising competition