GO
Loading...

California

More

  • WASHINGTON— The never-ending political fight over health care hit the Supreme Court Wednesday, and insurance coverage for millions of Americans is on the line. Yes, but foes of President Barack Obama's signature law hope this time the justices will gut "Obamacare." Actually, a lot has changed since the Supreme Court's big health care decision of 2012..

  • WASHINGTON, March 4- Apple Inc told a U.S. appeals court on Wednesday that rival Samsung Electronics Co Ltd should be barred from selling products that infringe on its smartphone patents, but the judges were skeptical. Apple lawyer William Lee of Wilmer Cutler Pickering Hall& Dorr LLP said Samsung could quickly design work-arounds for the patents but did not do...

  • Judge OKs $415M settlement in tech workers' lawsuit Wednesday, 4 Mar 2015 | 2:09 PM ET

    SAN FRANCISCO— A federal judge has tentatively approved a $415 million settlement in a major class action lawsuit by Silicon Valley workers who accused Apple Inc., Google Inc. and other tech companies of making an illegal agreement not to hire each other's employees. Judge Lucy Koh had rejected an earlier settlement offer, saying it didn't offer enough...

  • Senator is requesting that three federal agencies investigate Lumber Liquidators following a "60 Minutes" report that said the company's laminate flooring made in China may not meet California's health and safety standards. The "60 Minutes" report, which aired Sunday on CBS, said that Lumber Liquidators' laminate flooring made in China contains high levels of...

  • NEW YORK— Leonardo DiCaprio is partnering with Netflix for a series of documentaries he will produce for the streaming service. Netflix announced Wednesday that DiCaprio and his production company, Appian Way, have signed a first-look deal with Netflix for nonfiction projects. The company says DiCaprio and Netflix will seek to develop and acquire...

  • Fed survey finds US economy growing at moderate pace Wednesday, 4 Mar 2015 | 2:01 PM ET

    The Boston district said businesses in its area remained upbeat despite a series of huge snowstorms. Fed Chair Janet Yellen delivered the central bank's semiannual economic report to Congress last week and indicated that the Fed is still willing to be "patient" in terms of raising interest rates because of weak wage growth and inflation well below the Fed's 2...

  • March 4- British online luxury fashion company Farfetch said it raised $86 million from investment firm DST Global and existing shareholders, valuing the company at $1 billion. London- based Farfetch's shareholders include media company Conde Nast International and private equity firm Vitruvian Partners. DST Global is run by Silicon Valley- based Russia-...

  • SAN FRANCISCO— Uber Technologies is buying digital mapping specialist deCarta in a deal that may help the rapidly growing ride-hailing service lessen its dependence on navigation services from Google and Apple, an imposing pair of potential rivals. The deCarta deal comes a month after an unconfirmed report that Google Inc. is planning a rival ride-hailing...

  • *Markit, ISM services show modest growth. *Healthcare stocks rise after Supreme Court hearing. The sector's top gainers were HCA Holdings, Tenet Healthcare and Universal Health Services.

  • Transcripts reveal Fed confronting chaotic banking system Wednesday, 4 Mar 2015 | 12:04 PM ET

    During an emergency call on the morning of Jan. 16, 2009, after the government had announced a $20 billion bailout for Bank of America, then-Fed Chairman Ben Bernanke declared that he was unwilling to allow "the failure of a firm the size of Bank of America." The call underscored the chaotic situation facing the Fed and other government agencies as they confronted a...

  • Internet invades everything at gadget fair in Barcelona Wednesday, 4 Mar 2015 | 11:52 AM ET

    Pizza Hut has two new ways to make sure nobody waits too long for a pie. The Click'N'Pizza will go on sale this summer in Canada and will work to order Pizza Hut products. Visa is also testing a program with Pizza Hut for making payments from the car.

  • A federal judge holds a hearing Tuesday on Seattle's minimum wage law, which treats franchisees of companies such as McDonald's and 7- Eleven as big businesses although many are owned by individuals and have a handful of employees. The agency's Office of General Counsel contends McDonald's is a joint employer with its franchisees, and should be held...

  • US STOCKS-Wall Street lower for 2nd day after rally, data Wednesday, 4 Mar 2015 | 11:21 AM ET

    *Markit, ISM services show modest growth. NEW YORK, March 4- U.S. stocks were lower on Wednesday, with indexes on track for a second straight day of declines, as a recent rally gave investors reason to exercise caution. I don't think the market is particularly overvalued or particularly expensive but it's not cheap, "said Stephen Massocca, chief investment officer at...

  • March 4- McDonald's Corp's U.S. restaurants will gradually stop buying chicken raised with antibiotics vital to fighting human infections, the most aggressive step by a major food company to force chicken producers to change practices in the fight against dangerous' superbugs.'. The world's biggest restaurant chain announced on Wednesday that within two...

  • March 4- McDonald's Corp's U.S. restaurants will gradually stop buying chicken raised with antibiotics vital to fighting human infections, the most aggressive step by a major food company to force chicken producers to change practices in the fight against dangerous "superbugs." The world's biggest restaurant chain will announce on Wednesday that within two...

  • DETROIT— Toyota has announced sweeping management changes that consolidate power with North American CEO Jim Lentz and promote some U.S. executives to senior posts in Japan. Toyota also promoted North American communications chief Julie Hamp to chief communications officer for the entire company. And it named Chris Reynolds a managing officer and chief...

  • 5 stunners from the Geneva car show Wednesday, 4 Mar 2015 | 7:07 AM ET

    GENEVA— Forget driverless cars, electric power or even green technology. There is no doubt what visitors are coming to see at the glamorous Geneva motor show: supercars. "There are an awful lot of fast cars and supercars on display this year," said Jim Holder, editor-in-chief of Autocar magazine.

  • SolarCity brings loan program to New Mexico Wednesday, 4 Mar 2015 | 7:01 AM ET

    ALBUQUERQUE, N.M.— A California- based company chaired by entrepreneur Elon Musk has set its sights on expanding the number of homes in New Mexico outfitted with solar panels, a move that could fuel a regulatory battle over tax credits and other incentives for the industry. SolarCity announced its plans for New Mexico on Wednesday. "New Mexico has hardly moved the...

  • SAN FRANCISCO— The first set of lawsuits stemming from the crash of an Asiana Airlines flight in San Francisco two years ago have been settled, but dozens of additional cases remain after the accident that killed three Chinese teenagers and injured nearly 200 people. The settlement with 72 passengers who filed personal injury claims includes the airline...

  • "I don't consider Kleiner Perkins to be a firm run by men," Doerr said Tuesday under questioning by Pao's attorney, Alan Exelrod. Doerr is among the most prominent venture capitalists in Silicon Valley in part for helping direct early investments in Amazon.com and Google after joining Kleiner Perkins in 1980. He sits on Google's board and served on boards that...