NEW YORK (AP) - Hidden in AT&T Inc.'s financial statements is a story that runs counter to its optimistic profit projections: The company is generating less revenue from each new smartphone subscriber.
CUPERTINO (AP) - Apple is set to report another record quarterly profit on Tuesday, continuing the relentless string of results that's made it the world's most valuable company. Those profits don't come out of thin air: A range of businesses -from the company's wireless carrier friends to its PC-making foes- are seeing their profits melt away and flow to Apple's bottom line.
MENLO PARK (AP) - Facebook's first-quarter net income fell 12 percent, weighed down by higher expenses even as its revenue soared, the social networking company said Monday, just a few weeks ahead of its expected initial public offering in May.
WASHINGTON (AP) - Social Security is rushing even faster toward insolvency, driven by retiring baby boomers, a weak economy and politicians' reluctance to take painful action to fix the huge retirement and disability program.
SAN FRANCISCO (AP) - Netflix's comeback from a customer backlash accelerated during the first quarter, but the recovery wasn't impressive enough to ease more pressing concerns about the Internet video subscription service's ability to cope with tougher competition.
SANTA CLARA (AP) - Intel Corp. said Monday that PCs with chips from its new generation of processors, featuring a revolutionary design, will be available this week.
ATLANTA (AP) - Baseball is back, which means die-hard fans like me are hungry for updates and highlights when we're not near our televisions or computers.
NEW YORK (AP) - The worst appears to be over. Gasoline prices are going down.
Sometimes I am just blown away by the reaction I get to a column. I write what I think is the most innocuous and non-controversial answer to someone's question about Social Security benefits - and then, out of the blue, my email inbox is flooded with letters. Some of them have an inquisitive "this can't possibly be true" tone, while others are downright angry.
SAN FRANCISCO (AP) - Shifting from Google's CEO to executive chairman proved to be lucrative career move for Eric Schmidt.
LOS ANGELES (AP) - Disney movie studio boss Rich Ross stepped down on Friday, taking the fall for at least a couple of over-budgeted bombs as Hollywood shies away from taking risks on big blockbusters.
DETROIT (AP) - For the first time in more than 20 years, U.S. automakers are questioning a pillar of manufacturing: The practice of bringing parts to assembly lines right before they're used.
OMAHA, Neb. (AP) - Strong earnings reports from two of the nation's biggest freight railroads show that the U.S. economy is continuing its long, slow recovery.
LOUISVILLE, Ky. (AP) - Taco Bell's new take on the taco, featuring orange Doritos dust, has helped put the sizzle back in its U.S. sales after a nearly yearlong slump stemming from a short-lived lawsuit that caused the chain some queasiness.
OAK BROOK, Ill. (AP) - McDonald's says a key sales metric slipped again in the U.S. as it faced "ongoing broad-based challenges" in May.
SAN FRANCISCO (AP) - Apple is expanding into home and health management as the company tries to turn its iPhones, iPads and Mac computers into an interchangeable network of devices that serve as a hub of people's increasingly digital lives.
SEATTLE (AP) - The Seattle City Council unanimously passed an ordinance Monday that gradually increases the minimum wage in the city to $15, which would make it the highest in the nation.