Top News & Analysis California

More

  • SAN JOSE, Calif.— In a story July 21 about Polycom Inc.' s earnings— generated by Automated Insights using data from Zacks Investment Research— The Associated Press reported erroneously that the company's adjusted earnings were 7 cents a share and missed Wall Street expectations. Polycom reports 2nd- quarter loss of $10 million. SAN JOSE, Calif.— Polycom Inc. on...

  • NEW YORK, July 22- U.S. prosecutors on Friday unveiled an indictment against three men for engaging in a multimillion-dollar scheme to defraud consumers by charging unsuspecting mobile phone users for unwanted text messages. An indictment filed in federal court in Manhattan charged Fraser Thompson, an ex-executive at mobile aggregation company Mobile...

  • Houston oilfield services company Baker Hughes Inc. said Friday that 371 rigs sought oil and 88 explored for natural gas this week. Among major oil- and gas-producing states, Texas gained 15, California was up by two and New Mexico gained one. Arkansas, Colorado, North Dakota, Ohio, Oklahoma, Pennsylvania, Utah, West Virginia and Wyoming were unchanged.

  • The speaker was Ivanka Trump, the sleeveless studded sheath came from her own line, and the candidate she spoke about was her father. Her ensemble was "modern, feminine and beautiful," said Peter Marx, president of the Washington, D.C.- area luxury women's fashion shop Saks Jandel. It's no surprise that Ivanka Trump might choose to wear something from her own brand,...

  • iTunes' Official Music Charts for the week ending July 21, 2016:. This Is What You Came For, Calvin Harris. H A R D L O V E, NEEDTOBREATHE.

  • SAN FRANCISCO, July 22- A quartet of technology heavyweights will be part of an avalanche of quarterly corporate earnings reports next week that, along with a meeting of Federal Reserve policymakers, could hold the key to whether Wall Street extends its record-breaking rally or loses steam. With second-quarter reporting season kicking into high gear,...

  • REDDING, Calif. _ Bank of Commerce Holdings on Friday reported second-quarter earnings of $1.6 million. Bank of Commerce shares have decreased almost 2 percent since the beginning of the year. Keywords: Bank of Commerce, Earnings Report.

  • Limited details of the plan were made public last week at a regional dealer meeting in Newark, New Jersey, by Volkswagen of America Chief Operating Officer Mark McNabb, said the dealers, who asked not to be identified because the plan hasn't been made public. Both dealers said they were told that more testing was needed and that the plans still had to be approved by...

  • The supply of gas available to consumers is tighter-than-usual this year because SoCalGas has only limited access to the fuel in its Aliso Canyon storage field in the Los Angeles area. SoCalGas, a unit of California energy company Sempra Energy, shut the giant storage field after detecting a massive leak in October. California agencies and others have said...

  • A deal would boost Verizon's AOL internet business, which the company acquired last year for $4.4 billion, by giving it access to Yahoo's advertising technology tools, as well other assets such as search, mail, messenger and real estate. Bloomberg News, which reported earlier that Verizon was nearing an agreement to buy the Yahoo assets, cited an anonymous source...

  • WASHINGTON— Unemployment rates ticked up noticeably in six states in June, even as employers continued to add jobs and the hiring outlook improved. A similar trend played out in five other states: Nevada and Oregon each saw a 0.3 percent increase, while rates went up 0.2 points in California, Maine and South Dakota. South Dakota had the nation's lowest rate in June,...

  • PHILADELPHIA— Facing hotel bills running into the thousands of dollars, some delegates to the Democratic National Convention are planning to do like college students on spring break and squeeze as many people into a room as they can. Nicole Lutkemuller, a Bernie Sanders delegate from Tahoma, California, said her two-bed room at the Marriott Hotel Philadelphia...

  • Annual increases in rent surpassed 9 percent in both the Seattle and Portland, Oregon areas, although it has moderated in markets such as San Francisco, where yearly price growth went from double-digit gains to 7.4 percent. Prices are rising above the national average in New York City and Los Angeles. But they've settled at less than 2 percent in Cincinnati and...

  • A Federal Office of Justice spokesman said Friday that van Gogh's "La Maison de Vincent a Arles" and "Saint- Georges Majeur" and Monet's "Nympheas avec Reflets de Hautes Herbes" were confiscated on Thursday. Justice officials declined to estimate the value of the works, but Christie's Web site says "La Maison de Vincent a Arles" sold for nearly $5.5 million at a New York...

  • "I am personally committed to ensuring that Fox News remains a distinctive, powerful voice. Our nation needs a robust Fox News to resonate from every corner of the country, "Murdoch said in a statement Thursday after Ailes, 76, resigned under pressure as chief executive while fighting a workplace misconduct suit. He will run Fox News and its sister Fox Business...

  • Its hybrid DNA flows from a digital mapping pioneer's fascination with the world around him, Google's affinity for offbeat ideas, Nintendo's comeback quest and a 20- year-old menagerie of animated monsters so popular that it spawned a company just to be its talent agency. In a mischievous 2014 post, Google announced a new training tool, created in conjunction...

  • In the year since its spinoff from e-commerce company eBay Inc, becoming an independently traded company on Wall Street for the second time, PayPal has grown aggressively. Its revenue for the second quarter is up more than 15 percent to $2.65 billion from a year ago and the volume of payments it processes is up 28 percent to $86.21 billion, the company said in its...

  • NEW YORK— Roger Ailes' successor at Fox News faces a delicate task in changing the culture of a news organization forever identified with one man, and push it forward for a new generation without alienating an audience that has made it a tremendously lucrative business. But Murdoch, the 85- year-old executive chairman of 21st Century Fox who hired Ailes to invent...

  • The U.S.-dominated Americas region posted 4 percent growth, short of analysts' call for a 6.1 percent gain, after rising 7 percent in the second quarter and 9 percent in the first quarter. Customer transactions in the Americas were flat for the quarter, when Starbucks also changed its rewards program to remove the incentive to split orders to accumulate points...

  • Network parent 21st Century Fox said Thursday that Rupert Murdoch, the company's executive chairman, would run Fox News and its sister Fox Business Network, which Ailes had also led, until a successor could be found. Murdoch and 21st Century Fox didn't address the widening scandal in the statement on the resignation but lauded Ailes for his contributions.