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Funds reconsider investments in gun makers

ALBANY, N.Y. (AP) - From California to New York, teacher and public-worker retirement funds are reconsidering their investments in gun makers and confronting an uncomfortable fact: Their pensions have supported the manufacture of deadly weapons, in some cases the same type of gun used in the Connecticut school shooting.

December 20, 2012 | | Nationwide


Business Briefs

OLIVE GARDEN OWNER SHIFTS COURSE TO FOCUS ON DEALS: NEW YORK (AP) - After new ad campaigns touting the quality of its food failed to spark sales, the parent company of Olive Garden and Red Lobster is retooling its strategy to attract diners with more promotional deals.

December 20, 2012 | | Nationwide


Watchdog: Fannie, Freddie may have lost over $3 billion

WASHINGTON (AP) - A federal watchdog has found that government-controlled Fannie Mae and Freddie Mac may have lost more than $3 billion from big banks' alleged rigging of a key interest rate.

December 19, 2012 | | Nationwide


Discounts abound as stores try to salvage season

NEW YORK (AP) - When it comes to fat holiday discounts, better late than never.

December 19, 2012 | | Nationwide


Google launches 'scan and match' music service

LOS ANGELES (AP) - Google is turning on a "scan and match" service for Google Music users to store copies of their songs online, offering for free what Apple charges $25 a year for.

December 19, 2012 | | Nationwide


Instagram says users' photos won't appear in ads

MENLO PARK (AP) - Instagram, the popular mobile photo-sharing service now owned by Facebook, said Tuesday that it will remove language from its new terms of service suggesting that users' photos could appear in advertisements.

December 18, 2012 | | Nationwide


Oracle 2Q earnings rise 18 percent to exceed Wall Street expectations

REDWOOD SHORES (AP) - Snapping out of a summertime lull, Oracle's latest quarter demonstrated that companies have been splurging on software and other technology as the year comes to a close, despite uncertainty about the economy's prospects.

December 18, 2012 | | Nationwide


Facebook CEO Zuckerberg donating $500M in stock

MENLO PARK (AP) - Facebook CEO Mark Zuckerberg says he is donating nearly $500 million in stock to a Silicon Valley charity to focus on health and education issues.

December 18, 2012 | | Nationwide


Smartphone makers post big legal wins

SAN FRANCISCO (AP) - Apple and Samsung, the world's top two smartphone makers, each scored a significant victory on different continents that will allow both to keep selling their products without legal interference this holiday season.

December 18, 2012 | | Nationwide


Too big to jail? Execs avoid laundering charges

NEW YORK (AP) - When the Justice Department announced its record $1.9 billion settlement against British bank HSBC last week, prosecutors called it a powerful blow to a dysfunctional institution accused of laundering money for Iran, Libya and Mexico's murderous drug cartels.

December 18, 2012 | | Nationwide


GM boosts pickup truck deals to help reduce inventory

DETROIT (AP) - With Chevy Silverado and GMC Sierra pickup trucks piling up on dealer lots, General Motors is offering generous deals to thin the stock.

December 17, 2012 | | Nationwide


Mass. fines Morgan Stanley $5M over Facebook IPO

BOSTON (AP) - Morgan Stanley, the lead underwriter for Facebook's troubled public stock offering, has agreed to pay $5 million to Massachusetts' securities regulators after they accused it of disclosing a revenue shortfall only to certain analysts and not the general public.

December 17, 2012 | | Nationwide


Tropicana uses the carrot to squeeze juice sales

NEW YORK (AP) - Tropicana wants more people to drink its juice, so it's extending a carrot - and a bushel of other vegetables.

December 17, 2012 | | Nationwide


Unisex Easy-Bake oven on the way from Hasbro

PROVIDENCE, R.I. (AP) - Hasbro says it will soon reveal a gender-neutral Easy-Bake Oven after meeting with a New Jersey girl who started a campaign calling on the toy maker to make one that appeals to all kids.

December 17, 2012 | | Nationwide


Diet Pepsi plans ad campaign following sweetener tweak

Diet Pepsi plans ad campaign following sweetener tweak

December 17, 2012 | | Nationwide


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Articles by Section - Nationwide


Credit card late payments down in 2Q

LOS ANGELES (AP) - Americans are doing a better job of making timely credit card payments, even as many lenders increasingly extend credit to more people with less-than-stellar credit.

August 25, 2014 | | Nationwide


Housing recovery on track

WASHINGTON (AP) - A fourth straight monthly increase in sales of existing homes provided the latest evidence Thursday that the U.S. housing market is rebounding from a weak start to the year.

August 21, 2014 | | Nationwide


Russia may close more McDonald’s

MOSCOW (AP) - Russia's food safety agency said Thursday that it was checking McDonald's restaurants around the country, a day after several branches of the chain were shuttered in Moscow.

August 21, 2014 | | Nationwide


Wealth gap widened in the last decade

NEW YORK (AP) - A report from the Census Bureau is the latest evidence that the rich are getting richer while the poor get poorer.

August 21, 2014 | | Nationwide


Gap reports higher profit

SAN FRANCISCO (AP) - Gap Inc. said its profit rose 10 percent in the second quarter as the clothing retailer cut expenses and managed to lift sales.

August 21, 2014 | | Nationwide


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