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Stocks see solid gains...Online info thefts increase...GM shakeup...Southwest profits



Estimated read time: 2-3 minutes

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NEW YORK (AP) — The Dow, the S&P 500 and the Nasdaq composite are all solidly higher in afternoon trading. The government reported that retail sales notched their biggest increase since 2012 last month is encouraging investors. Meanwhile, a better-than-expected quarterly financial report from Citigroup is helping ease worries that corporate earnings would be weak, following JPMorgan's earnings miss. Citi's stock is up 4 percent. The Dow has been up as much as 158 points are remains more than 100 points higher.

NEW YORK (AP) — A new survey finds the number of Americans who have had important personal information stolen online is on the rise. The Pew Research Center report finds 18 percent of online adults say they've had information such as their Social Security number, credit card or bank account information stolen. That's up from 11 percent last year.

DETROIT (AP) — There's a management shakeup at General Motors. GM says executives in charge of communications and human resources are leaving the company to pursue other interests. A GM spokesman says the moves were not prompted by the string of embarrassing recalls that have led to congressional hearings and federal investigations. He says they're part of CEO Mary Barra's effort to build her own team.

DALLAS (AP) — Southwest Airlines employees have something to smile about today. The airline say's they'll be getting a record $228 million in profit-sharing this year, nearly double the payout of a year ago. Southwest earned its highest profit ever in 2013 at $754 million.

SAN FRANCISCO (AP) — Netflix videos are streaming through Comcast's Internet service at their highest speeds ever now that Netflix is paying for a more direct connection to Comcast's network. Data released by Netflix shows Comcast delivered its video at an average rate of 2.5 megabits per second last month, compared with 1.5 megabits per second in January. That's a 66 percent increase.

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The Associated Press

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