GO
Loading...

California

More

  • April 24- Starbucks Corp said on Friday night that an outage affecting payment systems at a number of its stores in the United States and Canada had been resolved. "The point of sale register outage has been resolved and all Starbucks stores in the U.S. and Canada are expected to open for business as usual on Saturday," a statement on the company's website said.

  • LOS ANGELES, April 24- Truckers who haul freight from the ports of Los Angeles and Long Beach will vote on Saturday whether to go on strike, organizers said, in a move that could revive labor tensions at the nation's busiest cargo hub as it recovers from a crippling dockworkers dispute. Picket lines could go up as early as Monday at various terminal yards, rail yards...

  • LOS ANGELES— Truck drivers who haul goods from the nation's busiest port complex in Southern California could stay off the job next week as part of a long-running labor dispute, union officials said Friday. It won't be clear until next week how many of the drivers stay away, but the action could disrupt business at the ports of Long Beach and Los Angeles as soon as...

  • The company now expects to report $710 million to $740 million in revenue, far below its previous estimate of $810 million to $830 million, for its fiscal first quarter that ends May 2. Marvell also withdrew its guidance for net income, profit margin, and operating expenses. Marvell Technology Group Ltd. stock fell 81 cents, or 5.7 percent, to $13.49 in aftermarket...

  • *Time Warner Cable rises; Charter seeks talks. April 24- The Nasdaq Composite and S&P 500 chalked up record high closes on Friday, propelled by strong results from tech behemoths Google, Amazon and Microsoft. Google ended 2.9 percent after reporting higher quarterly results while Microsoft jumped 10.45 percent after it topped estimates.

  • Reuters reported earlier this month that Pure Storage Inc has hired banks in preparation for an IPO, one year after a private placement valued the data storage company at more than $3 billion. The San Jose, California- based company counts the U.S. Army, Starbucks Corp and eBay Inc among the thousand-plus customers for the infrastructure it builds for data...

  • NEW YORK, April 24- The Nasdaq's March 2000 peak brought with it a plethora of colorful personalities- Wall Street analysts, bankers and tech moguls- who saw their reputations tarnished once the bubble burst. Then: In his initial heyday, Henry Blodget called Amazon's success early and earned $12 million a year analyzing internet stocks at brokerage Merrill Lynch.

  • *Time Warner Cable rises after Comcast abandons merger. April 24- The Nasdaq Composite hit a 15- year intraday high on Friday afternoon, propelled by strong results from tech behemoths Google, Amazon and Microsoft. Google gained 3.6 percent after reporting higher quarterly results while Microsoft jumped 9.4 percent after it topped estimates.

  • *Fifty line up at one Tokyo store, more in Berlin. NEW YORK/ TOKYO, April 24- The Apple Watch launched quietly around the world on Friday without the usual frenzy or fanfare for an Apple Inc rollout, as a handful of boutiques in major cities like Tokyo and Paris sold the timepiece- but not for purchase at its own stores. Shops included The Corner in Berlin, Colette in Paris,...

  • Recalls this week: vacuum cleaners, bicycles Friday, 24 Apr 2015 | 1:55 PM ET

    Vacuum cleaners that pose an electric shock risk to users are among this week's recalled consumer products. Others include Trek bicycles with a defect that has caused several injuries. They were sold at Bed Bath& Beyond, Best Buy, Kohl's, Lowes, Target and other stores nationwide, online at www.sharkclean.com and through television infomercials from August...

  • NEW YORK— Technology startups and New York authorities will get each other's input on dealing with regulations under an initiative announced Friday by the state attorney general and New York City's chief lawyer. "This will help new companies navigate our regulatory system, but it will also provide insights to the state and local government about outdated or...

  • US oil and natural gas rig count drops by 22 to 932 Friday, 24 Apr 2015 | 1:25 PM ET

    Houston- based Baker Hughes said Friday 703 rigs were seeking oil and 225 explored for natural gas. Among major oil- and gas-producing states, Texas lost 19 rigs; North Dakota lost five; Oklahoma was down three; and Alaska, New Mexico and West Virginia each lost one. Louisiana gained two rigs, while Arkansas, California, Colorado, Kansas and Pennsylvania each gained...

  • NEW YORK, April 24- The Nasdaq's March 2000 peak brought with it a plethora of colorful personalities- Wall Street analysts, bankers and tech moguls- who saw their reputations tarnished once the bubble burst. Then: In his initial heyday, Henry Blodget called Amazon's success early and earned $12 million a year analyzing internet stocks at brokerage Merrill Lynch.

  • NEW YORK— The Metropolitan Transportation Authority, the nation's largest commuter rail network, is on track to receive a nearly $1 billion federal loan for safety improvements meant to avoid a repeat of a 2013 derailment that killed four people, New York Gov. "It is the state-of-the-art safety design for the system and it is something that is very important,"...

  • SAN FRANCISCO/ CHICAGO, April 24- The UK- based trader accused by U.S. authorities of making more than $40 million manipulating markets and contributing to the 2010 Wall Street flash crash was on the losing end of at least one trade: his purchase of the CME Group seat that helped to make the alleged scheme possible. Navinder Sarao bought the seat in May 2008 for...

  • *Fifty line up at one Tokyo store, more in Berlin. TOKYO, April 24- A small group of Japanese tech-addicts lined up in Tokyo to become the first consumers to buy the Apple Watch from selected stores on Friday, but there was no sign of the frenzy that usually accompanies Apple Inc product rollouts. They include The Corner in Berlin, Colette in Paris, Maxfield in Los...

  • PITTSBURGH— Carnegie Mellon University researchers are going all in, pitting a computer program against some of the world's best professional poker players. Computer science professor Tuomas Sandholm and researchers Sam Ganzfried and Noam Brown are taking their poker-playing computer program, Claudico, to Rivers Casino on Friday. Claudico— the Latin word...

  • What could McDonald's do to fix its business? Friday, 24 Apr 2015 | 10:13 AM ET

    NEW YORK— When it comes to McDonald's, everyone seems to have an opinion about what the company needs to do differently. After turning in another quarter of sliding sales and profit, McDonald's CEO Steve Easterbrook said the chain will unveil initial details on a plan to turn around its fortunes on May 4. McDonald's recently began testing an all-day breakfast...

  • McClatchy reports 1Q loss Friday, 24 Apr 2015 | 9:24 AM ET

    SACRAMENTO, Calif.— McClatchy Co. on Friday reported a loss of $11.3 million in its first quarter. The Sacramento, California- based company said it had a loss of 13 cents per share. The media company and owner of The Kansas City Star posted revenue of $257.2 million in the period.

  • Pacific Mercantile reports 1Q loss Friday, 24 Apr 2015 | 8:39 AM ET

    COSTA MESA, Calif. _ Pacific Mercantile Bancorp on Friday reported a loss of $85,000 in its first quarter. The bank, based in Costa Mesa, California, said it had a loss of 2 cents per share. This story was generated by Automated Insights using data from Zacks Investment Research.