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Questions and answers about Verizon's new plans

June 13, 2012 • BusinessComments Off

Two Verizon workers take orders at a Verizon store in Mountain View, Calif., Tuesday, June 12, 2012. Verizon Wireless, the nation’s largest cellphone company, announced Tuesday that is dropping nearly all of its phone plans in favor of pricing schemes that encourage consumers to connect their non-phone devices, like tablets and PCs, to Verizon’s...

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Hope for Fed help powers US stocks to big gain

June 13, 2012 • BusinessComments Off

FILE- In this Monday, June 11, 2012, file photo, Trader George Ettinger, left, works on the floor of the New York Stock Exchange. (AP Photo/Richard Drew/File) NEW YORK (AP) — Stocks staged one of their strongest rallies of the year Tuesday, erasing a big...

More than seven in 10 US teens jobless in summer

June 13, 2012 • BusinessComments Off

In this photo taken Thursday, June 7, 2012, Colleen Knaggs, 18, talks at her home in Flagstaff, Ariz. about her fruitless efforts to find a job. Once a rite of passage to adulthood, summer jobs for teens are disappearing. Fewer than 3 in 10 American teenagers...

Apple kicks Google Maps off iPhone, adds Facebook

June 12, 2012 • BusinessComments Off

Apple CEO Tim Cook speaks at the Apple Developers Conference in San Francisco, Monday, June 11, 2012. Apple says it’s introducing a laptop with a super-high resolution “Retina” display, setting a new standard for screen sharpness. The new...

Big US insurers to keep parts of health care law

June 12, 2012 • BusinessComments Off

FILE – This July 16, 2007, file photo, shows the headquarters of UnitedHealth Group Inc. in Minnetonka, Minn. UnitedHealth Group Inc., the nation’s largest health insurer, said Monday, June 11, 2012, it sees some parts of the health care overhaul as...

Spain bank rescue glee morphs into markets rout

June 12, 2012 • BusinessComments Off

Spain’s Economy Minister Luis de Guindos, left and Spain’s Prime Minister Mariano Rajoy talk during a swearing in ceremony for the new governor of the Bank of Spain Luis Maria Linde, unseen, at the Zarzuela Palace in Madrid Monday June 11, 2012....

Mayor: Lawsuit could cause Detroit to go broke

June 12, 2012 • BusinessComments Off

Detroit Mayor Dave Bing, right, speaks before the Detroit City Council in Detroit on Monday June 11, 2012 as Chris Brown, Detroit’s chief operating officer, listens at left. Bing and City Council members held a spirited debate Monday about the...

Relief over Spain bank rescue fades quickly

June 12, 2012 • BusinessComments Off

FILE – In this June 6, 2012 file photo, Wellington Shields’ Theodore Nelson, left, and Knight Capital’s Frank Babino, right, work on the floor of the New York Stock Exchange. U.S. stock futures are following markets higher across the globe...

Rescue loans for Spain's banks buy Europe time

June 11, 2012 • BusinessComments Off

A Spanish family check the prices of tapas on a terrace in downtown Madrid, Saturday June 9, 2012. Spain will ask for a bank bailout from the eurozone, becoming the fourth and largest country to seek help since the single currency bloc’s debt crisis...

Apple expected to show fresh software, new Macs

June 11, 2012 • BusinessComments Off

FILE- In this Wednesday, March 7, 2012, file photo, Apple CEO Tim Cook announces a new iPad during an Apple announcement in San Francisco. Apple CEO Tim Cook is expected to show off new iPhone software, updated Mac computers and provide more details on future...