At Apple’s product event on Wednesday, it is expected to introduce a TV device with more capabilities as the company seeks a bigger presence in homes.» Read More
South Korean chipmaker SK Hynix returned to a quarterly profit on Wednesday on demand from mobile device makers such as Apple, but it fell far short of forecasts on weak sales of computer chips and a strong won.
At the Detroit Auto Show earlier this month, luxury was in the air. Pricey new Bentleys and Maseratis glittered - including a Maserati 2014 Quattroporte with a $132,000 price tag; U.S. Cabinet Secretaries and dignitaries rubbed shoulders; and many of the well-heeled attendees ponied up for a $300-a-ticket black-tie charity ball.
BlackRock has taken an $80 million stake in Twitter, a person with knowledge of the deal said. BlackRock will buy shares directly from early Twitter employees seeking to liquidate their stock holdings and options.
Republican governors are moving to cut income taxes, including proposals that would increase reliance on state sales taxes, setting up ambitious experiments in tax reform that could shape what is possible on a national level.
Samsung reported a record quarterly profit of $8.3 billion and kept its 2013 investment plans at the previous year's level, defying expectations.
California's Gov. Jerry Brown says the state will not only end the fiscal year in June without a deficit, but will have a $1 billion surplus in the next year, reports CNBC's Jane Wells.
California's top tax rate is 13.3 percent, and Tiger Woods is backing up Phil Mickelson, saying he moved to Florida because of it. CNBC's Brian Shactman has the details.
Golf legend Phil Mickelson now owes an estimated $8.2 million in taxes under California's new 13.3 percent tax code, according to Sports Illustrated, with CNBC's Jane Wells and Robert Frank.
Even though it is widely viewed to be undervalued Apple shareholders could still be in for more rough times if technical strategists are right.
Toyota Motor has settled a wrongful death lawsuit that was to go to court next month and serve as a test case for hundreds of others involving sudden acceleration.
How big companies can be more innovative, with Steve Blank, Stanford Entrepreneurship Center.
Live cattle futures fell on news of dwindling supplies, reports CNBC's Jane Wells.
Dunkin' CEO Nigel Travis told CNBC Wednesday the company will be opening new franchises there in 2015.
This earnings season, the U.S. technology industry is in an unusual position - dragging corporate America down, rather than lifting it up.
Innovative programs across the US are finding some success in reengaging high school dropouts. They strive to target 'disconnected' youths – those not in school and not working, who are a costly burden for taxpayers, the CSM reports.
California Gov. Jerry Brown is now saying he will have a balanced budget in 2013 after years of massive deficits, but it may be a mirage, reports CNBC's Robert Frank.
A cold snap gripped the West Coast for the fifth day Monday, and some California citrus growers began to see damage.
Iran hostage drama "Argo" scored a sweet double victory at the Golden Globe awards on Sunday, winning best movie drama - the night's top prize - and best director for Ben Affleck on a night that left front-runner "Lincoln" with just one trophy.
Posh pawn shops are popping up in some of the swankiest areas of Los Angeles, reports CNBC's Jane Wells.
Riding a wave of new tax revenue, California Gov. Jerry Brown on Thursday proposed a state spending plan that eliminates the deficit and provides $6.3 billion more in spending than the previous year.