Business News

AP News - 17 minutes ago

NEW YORK (AP) — Online game maker Zynga's founder Mark Pincus is stepping down as chief product officer, less than a year after he was replaced as the company's CEO, as the company's sales slide.Zynga said Wednesday that Pincus will remain chair ...more

AP News - 18 minutes ago

SAN FRANCISCO (AP) — Apple is diverting more of its cash to shareholders and preparing to split its stock for the first time in nine years in an attempt to win back investors fretting about the iPhone maker's slowing growth and pace of innovation.< ...more

AP News - 21 minutes ago

NEW YORK (AP) — Facebook's earnings nearly tripled and revenue grew sharply in the first quarter, surpassing Wall Street's expectations thanks to an 82 percent increase in advertising revenue.It was the fourth quarter in a row that Facebook beat ...more

AP News - 35 minutes ago

CHICAGO (AP) — There was a giant replica cake right next to the Ernie Banks statue, and an old-time band played as fans made their way through the main entrance.The famed marquee had a message, too."Happy Birthday, Wrigley Field," it read ...more

AP News - 43 minutes ago

NEW YORK (AP) — Warren Buffett says he disapproves of Coca-Cola's highly contested pay plan for its executives.Buffett, whose company is the beverage maker's largest shareholder, called the plan "excessive" in an interview on CNBC after it was a ...more

AP News - 1 hour ago

Gold prices settled higher for the first time in a week as tensions between Russia and Ukraine give the precious metal some support.Russia warned Wednesday that it would mount a firm response if its citizens or interests come under attack in Ukr ...more

AP News - 1 hour ago

PLEASANTON, Calif. (AP) — Safeway on Wednesday posted a net loss for the first quarter because of higher costs and acquisition expenses.The grocery-store chain is being acquired by an investment group in a deal worth about $7.64 billion. The dea ...more

AP News - 2 hours ago

OMAHA, Neb. (AP) — Investor Warren Buffett says most stocks are trading at reasonable prices even though the market has soared this year.Buffett said on CNBC Wednesday that thinks stocks are generally selling in a reasonable price range.E ...more

AP News - 2 hours ago

LONDON (AP) — Manchester United's owners will be relying on the strength of the club's brand to soften the impact of a sudden downturn on the field this season.Few clubs have the money-making abilities of United, which has been setting revenue r ...more

AP News - 2 hours ago

WASHINGTON (AP) — Summer Infant is recalling about 800,000 rechargeable batteries used in baby video monitors because of a burn hazard.The Woonsocket, R.I.-based manufacturer has received 22 reports of overheated and ruptured batteries, includin ...more