Financial news from the AP   4-21-11

 

Japan seals off no-go zone around nuclear plant - AP - 1 hour, 27 minutes ago
Japan sealed off a wide area around a radiation-spewing nuclear power plant on Friday to prevent tens of thousands of residents from sneaking back to the homes they quickly evacuated, some with little more than a credit card and the clothes on their backs.

Japan draws up budget for post-tsunami rebuilding - AP - 2 hours, 0 minutes ago
Japan drew up an extra budget worth over $50 billion on Friday to help finance post-tsunami reconstruction efforts. The Cabinet of Prime Minister Naoto Kan approved the budget totaling 4.02 trillion yen , the finance ministry said.

Netflix CEO's 2010 pay doubles while stock triples - AP - 2 hours, 6 minutes ago
Netflix Inc. doubled the value of CEO Reed Hastings' compensation last year, rewarding him for a performance that saw the home video subscription service's stock price more than triple.

Apple slammed over iPhone, iPad location tracking - AP - 2 hours, 9 minutes ago
Privacy watchdogs are demanding answers from Apple Inc. about why iPhones and iPads are secretly collecting location data on users -- records that cellular service providers routinely keep but require a court order to disgorge.

Amazon failure takes down sites across Internet - AP - 2 hours, 13 minutes ago
Major websites including Foursquare and Reddit crashed or suffered slowdowns Thursday after technical problems rattled Amazon.com's widely used Web servers, frustrating millions of people who couldn't access their favorite sites.

Obama says new task force will examine gas prices - AP - 2 hours, 40 minutes ago
President Barack Obama said Thursday that the Justice Department will try to "root out" cases of fraud or manipulation in oil markets, even as Attorney General Eric Holder suggested a variety of legal reasons may be behind gasoline's surge to $4 a gallon.

Synaptics 3Q tops forecasts; touch pad sales weak - AP - 2 hours, 46 minutes ago
Synaptics Inc. said Thursday that its third-quarter net income rose 16 percent helped by strong demand for its touch-screen technology on mobile phones. Touch pad sales were lower than expected because of softness in notebook computer demand, and the company generated its first revenues from tablet computers.

Big debts and custody fight: Why MLB took Dodgers - AP - Thu 9:12 pm ET
As he read each report coming from Los Angeles, baseball Commissioner Bud Selig grew more and more concerned. Dodgers owner Frank McCourt and his wife, Jamie -- the team's former chief executive officer -- were trading bitter accusations during a three-week divorce trial that centered on which of them owned the franchise of Jackie Robinson, Sandy Koufax and Tommy Lasorda.

Earlier Headlines

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ND property, income tax cuts lumped into 1 bill - AP - Thu 9:03 pm ET

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Jury rejects Mattel's Bratz doll copyright claim - AP - Thu 8:52 pm ET

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PG&E exec. resigns in wake of Calif pipeline blast - AP - Thu 8:31 pm ET

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Newmont Mining's 1Q revenue increases 10 percent - AP - Thu 8:30 pm ET

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Plan aired to privatize toll collections in NJ - AP - Thu 8:19 pm ET

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Yum executives: Taco Bell sales remain weak - AP - Thu 8:15 pm ET

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BP to inject $1 billion into Gulf restoration - AP - Thu 8:09 pm ET

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IGT posts jump in 2Q earnings; ups annual outlook - AP - Thu 8:04 pm ET

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Chubb's 1Q profit rises 10 percent - AP - Thu 8:04 pm ET

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Rambus posts 1Q loss as revenue plunges 61 pct - AP - Thu 7:57 pm ET

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Prominent winemaker, horse owner Jess Jackson dies - AP - Thu 7:56 pm ET

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Lawmakers agree on gambling tax for ND charities - AP - Thu 7:49 pm ET