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Archive By Section - Nationwide


How a phony tweet and computer trades sank stocks by $134 billion

NEW YORK (AP) - For a few surreal minutes, a mere 12 words on Twitter caused the world's mightiest stock market to tremble.

April 24, 2013 | | Nationwide


Microsoft to hold Xbox event on May 21 to showcase next console

REDMOND, Wash. (AP) - Microsoft is inviting journalists to an Xbox event at its Redmond., Wash., headquarters that will likely shed light on its next video game console.

April 24, 2013 | | Nationwide


Fed: Redesigned $100 bill will be ready by October

WASHINGTON (AP) - The Federal Reserve announced Wednesday that it will begin circulating a redesigned $100 bill this fall, more than two years after its initial target.

April 24, 2013 | | Nationwide


Apple to dole out $100B to shareholders

CUPERTINO (AP) - Apple is opening the doors to its bank vault, saying it will distribute $100 billion in cash to its shareholders by the end of 2015. At the same time, the company said revenue for the current quarter could fall from the year before, which would be the first decline in many years.

April 23, 2013 | | Nationwide


US immigration bill could slow Indian outsourcers

MUMBAI, India (AP) - Low cost efficiency put India's outsourcing companies at the heart of global business and created a multibillion dollar industry that for years has skated over criticism it was eliminating white collar jobs in rich nations. Now, the industry's long-held fears of a backlash are being realized in its crucial U.S. market.

April 23, 2013 | | Nationwide


AT&T loses contract phone subscribers in 1Q

DALLAS (AP) - AT&T lost phone subscribers from its contract-based plans for the first time in the latest quarter, in a sign that growth in the industry is stalling now that most Americans have smartphones.

April 23, 2013 | | Nationwide


Judge OKs NYC plan for 'e-hailing' yellow taxi cabs

NEW YORK (AP) - The city can experiment with letting taxi seekers hail rides electronically, a judge said Tuesday in a ruling that could clear the way for riders to summon the city's signature yellow cabs with smartphone apps instead of raised arms.

April 23, 2013 | | Nationwide


Wells Fargo raises quarterly dividend to 30 cents

SAN FRANCISCO (AP) - Wells Fargo is raising its quarterly dividend to 30 cents, from 25 cents.

April 23, 2013 | | Nationwide


Home sales slip slip as supply remains tight

WASHINGTON (AP) - Sales of previously occupied U.S. homes dipped in March as the supply remained tight. But the sales pace remained ahead of last year's.

April 22, 2013 | | Nationwide


Netflix's subscriber gains catapult stock

SAN FRANCISCO (AP) - Netflix's move to compete against traditional cable-TV channels with original programming is pulling in more subscribers to its Internet video service and winning back investors who doubted the company's ability to cultivate distinctive entertainment.

April 22, 2013 | | Nationwide


Audit: Vegas taxis overcharged $15M to airport

LAS VEGAS (AP) - Clark County taxicab drivers taking tourists on the scenic route to and from the airport overcharged their passengers an estimated $14.8 million last year, according to a legislative audit released Monday.

April 22, 2013 | | Nationwide


Oak Valley Bank: Net income of $1.3 million for first quarter

OAKDALE − Oak Valley Bancorp - the bank holding company for Oak Valley Community Bank and Eastern Sierra Community Bank - recently reported consolidated net income of $1.3 million for the first quarter.

April 22, 2013 | | Nationwide


McDonald's fails to boost sales with Dollar Menu as sales slump

NEW YORK (AP) - McDonald's managed to eke out a higher profit for its first quarter even as the world's biggest hamburger chain failed to lift sales with its Dollar Menu.

April 19, 2013 | | Nationwide


Social Security is an entitlement

Q: It really gets my goat when I hear politicians refer to Social Security as an entitlement. I worked all my life and paid Social Security taxes all my life. How can they call that an entitlement?

April 19, 2013 | | Nationwide


Suitors back away from Dell bids amid PC slump

NEW YORK (AP) - Buyout specialist Blackstone Group LP is dropping its effort to acquire Dell, and billionaire investor Carl Icahn is reportedly unlikely to follow through on his preliminary acquisition offer, as suitors digest studies showing a staggering decline in PC sales.

April 19, 2013 | | Nationwide


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Articles by Section - Nationwide


Oil price slumps again as US crude inventories surge

NEW YORK (AP) - Oil prices plunged on Wednesday, ending a four-day rally, after the U.S. government reported that crude inventories surged last week.

February 04, 2015 | | Nationwide


Kohl’s 4Q sales metric tops expectations

NEW YORK (AP) - Shares of Kohl's rose Wednesday after the department store operator said it was pleased with its fourth quarter sales and said its base business improved.

February 04, 2015 | | Nationwide


Tech firms hint at more restraint

SAN FRANCISCO (AP) - Technology's big-spending trio of Google, Facebook, and Amazon.com appear to be tightening their belts - at least a notch - in a concession to cost-conscious investors and a strong dollar that's taking a big bite out of their revenue.

February 02, 2015 | | Nationwide


Apple plans to sell as much as $6.5B in bonds

CUPERTINO (AP) - Apple is planning another large bond sale at a time when investors are paying near record premiums for high-quality bonds.

February 02, 2015 | | Nationwide


Viewership record for Super Bowl

NEW YORK (AP) - An estimated 114.4 million people watched New England's thrilling win over Seattle, making it the fifth time in six years that a Super Bowl game has set a record for the most-watched event in U.S. television history.

February 02, 2015 | | Nationwide


HP boss gets raise despite slump

PALO ALTO (AP) - Hewlett-Packard boss Meg Whitman has graduated from the dollar-a-year club, as the struggling company prepares to split up.

February 02, 2015 | | Nationwide


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