By RYAN NAKASHIMAAP Business Writer
LOS ANGELES (AP) - A California lawyer is suing Microsoft Corp., claiming the Surface tablet he bought doesn't have all the storage space the company advertised.
Andrew Sokolowski, a lawyer in Los Angeles, claims that he bought a Surface with 32 gigabytes
By MICHAEL MELIAAssociated Press Writer
HARTFORD, Conn. (AP) - A 67-year-old man was sentenced Wednesday to five years in prison for his role in a record-breaking, $7 million robbery carried out in Connecticut nearly 30 years ago by a militant group dedicated to independence for Puerto Rico.
By MARCY GORDONAP Business Writer
WASHINGTON (AP) - Republicans on a House panel that investigated the collapse of the brokerage MF Global are pinning the blame on ex-CEO Jon Corzine, a former Democratic senator and governor.
The Republicans say that the investigation found that Corzine's
By ANICK JESDANUNAP Technology Writer
NEW YORK (AP) - When I first turned on Google's new tablet computer, I immediately thought of it as a mere conduit to Google services.
Besides giving you quick access to Gmail and YouTube, the Nexus 10 steers you to digital movies, books and other
By MARTIN CRUTSINGERAP Economics Writer
WASHINGTON (AP) - The Federal Reserve may be preparing to take further steps to stimulate an economy that remains too weak to reduce high unemployment.
Minutes of the Fed's Oct. 23-24 policy meeting released Wednesday suggest that it might unveil a
By SANDY SHOREAP Business Writer
The price of oil rose Wednesday on new concerns about possible supply disruptions in the Middle East after Israel launched airstrikes in Gaza.
Benchmark oil rose 94 cents to finish at $86.32 per barrel in New York. Brent crude, used to price international
By BARBARA ORTUTAYAP Technology Writer
NEW YORK (AP) - Facebook's stock is up more than 7 percent despite expectations that it would fall because more than 850 million additional shares in the company are being freed up for sale.
Shares of Facebook Inc. are up $1.48, or 7.5 percent, at $21.
By MICHAEL FELBERBAUMAP Business Writer
RICHMOND, Va. (AP) - Smithfield Foods Inc. said Wednesday that it will begin its previously announced shutdown of a Virginia facility that makes hot dogs and deli meat.
The Smithfield, Va.-based company said layoffs will start at the Portsmouth plant in
By JOSH FUNKAP Business Writer
OMAHA, Neb. (AP) - Warren Buffett's company is planning to close a small Virginia newspaper that it bought from Media General earlier this year.
The 10,000-circulation Manassas (Va.) News & Messenger, which began publishing in 1869, has been struggling to
By STEVE ROTHWELLAP Business Writer
NEW YORK (AP) - Investors drew little hope Wednesday for a quick compromise in U.S. budget talks after President Barack Obama insisted that higher taxes on wealthy Americans would have to be part of any deal.
Stocks fell sharply, and even a signal from the