Business News

  • YOUKYUNG LEE AP Technology Writer SEOUL, South Korea (AP) — As Samsung’s smartphone business suffers a dizzying decline, another issue is vexing investors. Command of one of the world’s most valuable consumer brands will eventually…

    November 06, 2014
  • NEW YORK (AP) — Wireless carrier Sprint says it is eliminating 2,000 jobs, or about 5 percent of its staff, as part of an effort to cut $1.5 billion in annual spending. The company said…

    November 05, 2014
  • NEW YORK (AP) — In a story Nov. 1 about technology moguls in the commercial space business, The Associated Press reported erroneously that Elon Musk’s SpaceX operates three spacecraft: Dragon, Falcon Heavy and Falcon 8.…

    November 05, 2014
  • MAE ANDERSON AP Business Writer NEW YORK (AP) — Apple CEO Tim Cook’s declaration that he’s “proud to be gay” wasn’t exactly news in Silicon Valley, where his sexual orientation was no secret. But advocates…

    November 03, 2014
  • MAE ANDERSON AP Technology Writer NEW YORK (AP) — A mobile payment service backed by Wal-Mart, Best Buy and other leading retailers is defending its practice of prohibiting its members from accepting alternatives such as…

    November 01, 2014
  • BROCK VERGAKIS Associated Press CHINCOTEAGUE, Va. (AP) — Crews searched for scorched wreckage along the Virginia coast Wednesday in hopes of figuring out why an unmanned commercial rocket exploded in a blow to NASA’s strategy…

    November 01, 2014
  • ANICK JESDANUN AP Technology Writer NEW YORK (AP) — I dropped my cable TV service more than a year ago and have been relying on Netflix, Hulu and other services to fill my television needs.…

    October 31, 2014
  • BARBARA ORTUTAY AP Technology Writer NEW YORK (AP) — Facebook grew its advertising revenue by 64 percent in the third quarter, helped by a boost in mobile ads that are becoming an increasingly large chunk…

    October 30, 2014
  • JENNIFER C. KERR Associated Press WASHINGTON (AP) — AT&T is being sued by the government over allegations it misled millions of smartphone customers who were promised unlimited data but had their Internet speeds cut by…

    October 30, 2014
  • BRANDON BAILEY AP Technology Writer LAGUNA BEACH, Calif. (AP) — Google is working on a cancer-detecting pill in its latest effort to push the boundaries of technology. Still in the experimental stage, the pill is…

    October 29, 2014
  • BY BRANDON BAILEY AP Technology Writer LAGUNA BEACH, Calif. (AP) — Personal information about more than 18.5 million Californians was hacked, stolen or otherwise exposed last year and as many as one-third of those people…

    October 29, 2014
  • NEW YORK (AP) — In a story Oct. 29 about Apple Inc.’s new payment system, The Associated Press misattributed a quotation from an Apple Pay user in Indianapolis. The speaker was Thomas Pritchard, not Ben…

    October 29, 2014
  • BARBARA ORTUTAY AP Technology Writer NEW YORK (AP) — Twitter’s third-quarter revenue outpaced expectations, but investors concerned about user growth and holiday-quarter revenue clipped the company’s stock price late Monday. The San Francisco-based company has…

    October 28, 2014
  • JIM KUHNHENN Associated Press WASHINGTON (AP) — President Barack Obama on Monday expanded his push for increased manufacturing in the United States by directing federal money toward new technologies, apprenticeship programs and competitions designed to…

    October 28, 2014