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Samsung Electronics reports record profit

SEOUL, South Korea (AP) - Samsung Electronics Co., the world's largest consumer electronics firm by revenues, on Friday reported a record-high profit as strong smartphone sales helped mask a drop in semiconductor and TV profit.

April 26, 2012 | | Nationwide


Chrysler posts best quarterly profit in 13 years

DETROIT (AP) - Chrysler had its best quarterly profit in 13 years. Not bad for a company that almost died three years ago.

April 26, 2012 | | Nationwide


Senate votes to slow closing of post offices

WASHINGTON (AP) - The Senate offered a lifeline to the nearly bankrupt U.S. Postal Service on Wednesday, voting to give the struggling agency an $11 billion cash infusion while delaying controversial decisions on closing post offices and ending Saturday delivery.

April 25, 2012 | | Nationwide


Ancestry.com acquiring Archives.com for $100M

PROVO, Utah (AP) - Ancestry.com Inc. will acquire rival family history website Archives.com for about $100 million in cash and assumed liabilities, the companies announced Wednesday.

April 25, 2012 | | Nationwide


Apple's blowout quarter propels Nasdaq to big gain

NEW YORK (AP) - The Nasdaq composite index shot 2 percent higher Wednesday, powered by a surge in Apple. The iPhone maker's stock climbed $50 after the company once again blew past Wall Street's profit forecasts.

April 25, 2012 | | Nationwide


House to vote Friday on student loans

WASHINGTON (AP) - In an escalating election-year clash, the House will vote Friday on a $5.9 billion Republican bill preventing interest rates on federal student loans from doubling this summer, paid for by cutting money from President Barack Obama's health care overhaul law.

April 25, 2012 | | Nationwide


Animal welfare activists get it their way at Burger King

NEW YORK (AP) - In a boost to animal welfare activists looking to get livestock out of cramped cages, Burger King will be the first major U.S. fast-food chain to give all of its chickens and pigs some room to roam.

April 25, 2012 | | Nationwide


Google launches storage service for personal files

SAN JOSE (AP) - Google is hoping to build the world's largest digital filing cabinet in the latest attempt to deepen people's dependence on its services.

April 24, 2012 | | Nationwide


New case of mad cow disease in California

WASHINGTON (AP) - The first new case of mad cow disease in the U.S. since 2006 has been discovered in a dairy cow in California, but health authorities said Tuesday the animal never was a threat to the nation's food supply.

April 24, 2012 | | Nationwide


Mad cow case found, but meat supply deemed safe

U.S. officials announced a case of mad cow disease in a dairy cow in California. It is only the fourth such case detected in the U.S. since the first case was identified in 2003.

April 24, 2012 | | Nationwide


Apple trumps expectations, sells 35M iPhones in 2Q

CUPERTINO (AP) - Apple Inc., the world's most valuable company, trumped skeptics once again by reporting blowout iPhone sales.

April 24, 2012 | | Nationwide


Monthly smartphone bills down at AT&T

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.

April 24, 2012 | | Nationwide


Apple's squeeze hits phone companies, other competitors

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.

April 23, 2012 | | Nationwide


Facebook’s 1st quarter net income falls

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.

April 23, 2012 | | Nationwide


Social Security heading for insolvency even faster

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.

April 23, 2012 | | Nationwide


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Articles by Section - Nationwide


Facebook tightens research guidelines

CUPERTINO (AP) - Facebook has tightened its research guidelines following uproar over its disclosure this summer that it allowed researchers to manipulate users' feeds to see if their moods could be changed.

October 02, 2014 | | Nationwide


Microsoft to offer early look at next Windows

SAN FRANCISCO (AP) - Microsoft plans to offer a glimpse of its vision for Windows this week, as its new CEO seeks to redefine the company and recover from missteps with its flagship operating system.

September 29, 2014 | | Nationwide


World’s largest plane on longest route

FORT WORTH, Texas (AP) - Qantas is putting the world's biggest passenger plane on the world's longest airline route.

September 29, 2014 | | Nationwide


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