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Stocks close lower, but end higher for week
U.S. stocks closed modestly lower Friday, ending just short of another milestone for Wall Street. The Nasdaq composite index narrowly missed its fourth record-high close this week, though all the major indexes still notched weekly gains. Phone companies, banks and materials stocks were among the...
By Alex Veiga The Associated Press FULL STORY
 
Wait for calorie count on burgers, pizza may get longer
WASHINGTON — Consumers hoping to consistently find out how many calories are in that burger and fries may have to wait — again. New government rules to help people find out how many calories are in their restaurant meals are set to go into effect next week after years of delays. But they could...
The Associated Press FULL STORY
Higher oil prices helps Chevron post a profit
SAN RAMON — Rising oil prices helped Chevron post a profit in the first quarter after reporting a loss in the same period a year ago. Crude prices have risen to close to $50 a barrel this year after dipping below $30 a barrel last year, boosting the finances of oil companies. Rival Exxon Mobil Co...
The Associated Press FULL STORY
 
Alphabet paid Google CEO Sundar Pichai $200M in 2016
SAN FRANCISCO — Google CEO Sundar Pichai received a $200 million compensation package last year for running the internet company that makes nearly all the money for Alphabet Inc. Most of the pay consisted of Alphabet stock that the company valued at $198.7 million in securities documents filed Fr...
The Associated Press FULL STORY
Apple ceases iPhone payments to Qualcomm, escalating feud
SAN FRANCISCO — Apple is refusing to pay any royalties owed to mobile chip maker Qualcomm for some of the features in the iPhone, escalating a patent feud that has turned the former business partners into bitter adversaries. The latest twist in the dispute represents a major blow for Qualcomm, wh...
The Associated Press FULL STORY
 
Facebook gearing up to fight political propaganda
NEW YORK — Facebook is acknowledging that governments or other malicious non-state actors are using its social network to influence political sentiment in ways that could affect national elections. It’s a long way from CEO Mark Zuckerberg’s assertion back in November that it was “pretty cra...
The Associated Press FULL STORY
 
 
  


 
 
 
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