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Wealth managers go where the money is, and the technology capital is flooded with the next crop of the newly rich.
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RALEIGH, N.C.-- Tesla Motors is fighting a bill in North Carolina that would effectively ban the company from selling its electric cars in the state, pitting it against auto dealers who say the car maker has an unfair advantage selling directly to consumers online.
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NEW YORK, May 24- The U.S. stock market's break in its recent rally this week left investors wondering if they're seeing a turning point or just a blip in the upward path. Next week could make it harder to figure out, considering that the long Memorial Day weekend typically signals the start of the summer.
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NEW YORK, May 24- A long-awaited report on workplace wellness programs, which has still not been publicly released, delivers a blow to the increasingly popular efforts, Reuters has learned, casting doubt on a pillar of the Affordable Care Act and a favorite of the business community.
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SAN FRANCISCO, May 24- Automattic, the company that operates blogging service WordPress.com, announced a $50 million investment from hedge fund Tiger Global on Friday. The investment comes on the heels of Yahoo's $1.1 billion acquisition of blogging company Tumblr, showing the high prices fast-growing services that targeting Internet users can command.
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The FDA said full clinical information about the patients is still being gathered, but it suggested some of the problems were infections and that "at least one of these infections appears to be fungal in nature." The FDA has since stepped up its oversight of pharmacies that compound drugs tailored to specific patient needs.
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NEW YORK-- In a story May 13 about Sequenom Inc., The Associated Press erroneously reported that Sequenom's MaterniT21 test was cleared by the Food and Drug Administration before its launch in 2011. Diagnostic tests that are made and sold by a single lab, as MaterniT21 is, aren't required to be approved by the FDA.
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LOS ANGELES/ NEW YORK, May 24- Yahoo Inc has submitted a formal proposal to buy Hulu, joining a growing list of bidders for the video service owned by News Corp and Walt Disney Co, two sources with knowledge of the bid told Reuters on Friday. Yahoo just this week announced a $1.1 billion acquisition of blogging service Tumblr.
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NEW YORK-- Shares of Intuitive Surgical Inc. rose Friday after a jury ruled the company did not owe damages to the family of a patient who suffered complications following a surgery performed with Intuitive's da Vinci robotic system. It was the surgeon's first solo procedure using the da Vinci system.
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SAN FRANCISCO, May 24- Automattic, the company that operates blogging service WordPress, announced a $50 million investment from hedge fund Tiger Global on Friday. The investment comes on the heels of Yahoo's $1.1 billion acquisition of blogging company Tumblr, showing the high prices fast-growing services that targeting Internet users can command.
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LOS ANGELES, May 24- Yahoo Inc has submitted a formal proposal to buy Hulu, joining a growing list of bidders for the video service owned by News Corp and Walt Disney Co, two sources with knowledge of the bid told Reuters on Friday. Yahoo just this week announced a $1.1 billion acquisition of blogging service Tumblr.
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SAN FRANCISCO, May 24- Amazon is once again shaking up traditional publishing models. This week, Amazon.com Inc announced "Kindle Worlds," which offers aspiring writers an opportunity to pen their own takes on franchises in books, TV, movies, even games and comics.
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SAN FRANCISCO, May 24- Google Inc is in talks to buy Waze, an Israeli mapping start-up that has held discussions with several large technology companies, two sources familiar with the matter told Reuters on Friday.
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SACRAMENTO, Calif.-- California state agencies would be required to give journalists five days' notice before they issue subpoenas to a third-party company for telephone records under legislation announced Thursday by a state senator.
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DUBLIN, Ohio-- There isn't a pro golfer who doesn't have a story about a "Play That Funky Music" ringtone coming from the gallery during a backswing, or the time a tourist with a flip phone was snapping photos in the middle of a critical putt. Jack Nicklaus, founder and host of the Memorial, applauds the steps taken.
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SACRAMENTO, Calif.-- Music and sports fans would have one less obstacle in buying tickets to popular events under a bill advancing through the California Legislature. Legislation by Democratic Assemblyman Richard Pan of Sacramento would prohibit the use of robotic ticket-buying software.
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LOS ANGELES-- A two-day strike by University of California hospital workers ended on Thursday, with both sides claiming victory even though there was no resolution to a contract dispute involving staffing and pensions.
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*Group may offer between $25 mln and $30 mln for loan. DETROIT/ BEIJING, May 24- Henrik Fisker is working with an investor group to salvage Fisker Automotive, the "green" car company he co-founded nearly six years ago that is now struggling to stave off bankruptcy, people familiar with the matter said this week.
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MANILA, Philippines-- Dan Brown's description of Manila as "the gates of hell" in the American novelist's latest book has not gone down well with officials in the Philippine capital.
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LOS ANGELES-- A stage manager working on Michael Jackson's ill-fated "This Is It" concert warned an AEG executive days before the star's death that he was in a physical and mental decline and needed help, according to an email shown to jurors Thursday in court.
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EAST HAMPTON, N.Y.-- This may be hard to believe in the aftermath of Superstorm Sandy, but an annual list of the best beaches in the country has a New York beach ranked No. 1.. Less surprisingly, that beach is in East Hampton, the vacation playground for the rich and famous.