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DETROIT, July 31- Tesla Motors Inc, the California- based maker of luxury electric cars, said it expects to build more than 60,000 cars in 2015, after spending heavily this year to update and expand its Fremont assembly plant.
SAN MATEO, Calif.— Action video camera maker GoPro Inc. on Thursday reported its second-quarter net loss nearly quadrupled from a year ago as it nearly doubled operating expenses despite revenue increasing 38 percent.
CHICAGO, July 31- A salmonella outbreak linked to California- based poultry producer Foster Farms' contaminated chicken appears to be over, more than 17 months after it began, the Centers for Disease Control and Prevention said on Thursday.
OLYMPIA, Wash.— The governors of California, Oregon and Washington sent a letter to Interior Secretary Sally Jewel on Thursday to stress that they don't want the possibility of drilling off of the West Coast.
NEW YORK, July 31- Alibaba Group Holding Ltd has invested $120 million in San Francisco- based mobile games studio Kabam, the latest in a string of U.S. investments intended to build up the Chinese online retailer's presence in the world's biggest Internet arena.
BEVERLY HILLS, Calif.— Live Nation Entertainment Inc. on Thursday reported earnings that declined by 61 percent in its second quarter, and missed analysts' expectations. The Beverly Hills, California- based company said profit declined to $22.9 million, or 11 cents per share, from $58.1 million, or 30 cents per share, in the same quarter a year earlier.
PALO ALTO, Calif.— Electric car maker Tesla Motors widened its loss in the second quarter as it prepared for the launch of a new SUV and started work on a massive new battery plant. But the company is still considering sites in California, New Mexico, Arizona and Texas, and won't make a final decision for several months.
DETROIT, July 31- Tesla Motors Inc, the California- based maker of luxury electric cars, said it lost $61.9 million, or 50 cents a share, in the second quarter, as revenue nearly doubled to $769.3 million. In the year-ago quarter, Tesla lost $30.5 million, or 26 cents a share, on revenue of $405.1 million.
In California, however, insurers' projections of 2014 medical spending were fairly accurate. Other companies planning to sell 2015 Obamacare policies in California include Kaiser Permanente, Health Net, and Molina Healthcare. California is the largest of about a dozen states to announce proposed 2015 rates.
NEW YORK— Shares of LinkedIn Corp. jumped Thursday after the professional networking service reported a second-quarter loss but still topped analysts' expectations. LinkedIn posted a loss of $1 million, or 1 cent per share, compared with a profit of $3.7 million, or 3 cents per share, in the same quarter a year earlier.
July 31- GoPro Inc, which makes wearable cameras used by surfers, skydivers and other action junkies to post their exploits online, reported a bigger quarterly loss as costs nearly doubled. GoPro shares fell 9.3 percent to $43.50 in extended trading.
RENO, Nev.— Electric car maker Tesla Motors said Thursday that it is preparing a site near Reno, Nevada, as a possible location for its new battery factory, but is still evaluating other sites. Tesla said it broke ground on the Nevada site in June. California, New Mexico, Arizona and Texas are also in the running.
July 31- Burger King Worldwide Inc said on Thursday it would no longer buy products from OSI Group LLC suppliers in China, where the fast-food hamburger chain has about 200 restaurants.
DETROIT, July 31- Tesla Motors Inc, the California- based maker of luxury electric cars, said it lost $61.9 million, or 50 cents a share, in the second quarter, as revenue nearly doubled to $769.3 million. On a non-GAAP basis, Tesla said it earned 11 cents a share, topping analysts' expectations of 4 cents.
TAMPA, Fla., July 31- Southwest Airlines and SeaWorld said on Thursday they are ending a longtime marketing partnership, as the airline faces pressure from animal rights groups critical of the marine life conditions at its popular tourist attractions.
*Iliad bids $15 billion in cash for 56.6 pct at $33 per share. PARIS/ NEW YORK, July 31- French telecoms company Iliad SA has made a surprise offer for T-Mobile US Inc, setting up a potential bidding war with rival suitor Sprint Corp, the U.S. mobile carrier now controlled by Japan's Softbank.
That's what$ 1 million will buy you in the Phoenix suburb of Mesa. The Bay Area saw a record number of houses and condos going for $1 million and above in the spring, pushing the median selling price into the cool million-dollar range for the first time in June, real estate research firm CoreLogic DataQuick said Thursday.
In California, however, insurers' projections of 2014 medical spending were fairly accurate. California is the largest of about a dozen states to announce proposed 2015 rates.
NEW YORK, July 31- Several hundred claims are expected to be filed at the start of a GM-financed program being launched Friday to compensate victims of a faulty ignition switch on some of its vehicles, lawyers say.
Obamacare customers in California will see average insurance premium rates rise by 4.2 percent next year, officials announced Thursday.