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  • PALO ALTO, Calif.— Leading figures from across Silicon Valley are gathering at Stanford University for a memorial service honoring David Goldberg, a popular startup executive and husband of "Lean In" author Sheryl Sandberg. President Barack Obama extended his sympathies on Facebook this week, joining a number of well-known Silicon Valley figures including...

  • Correction: Earns-NuVasive story Tuesday, 5 May 2015 | 1:08 PM ET

    SAN DIEGO— In a story May 4 about NuVasive's first-quarter earnings, The Associated Press reported erroneously that the company expects revenue for the year of $180 million. NuVasive posts 1 Q profit, results beat Wall Street forecasts. SAN DIEGO— NuVasive Inc. on Monday reported first-quarter net income of $31.6 million, after reporting a loss in the same...

  • SAN FRANCISCO— Google's influential search engine has hit a tipping point in technology's shift to smartphones. The upheaval has rocked PC makers and other tech companies such as Microsoft with businesses tied to sales of desktop and laptop computers. "The future of mobile is now," says Jerry Dischler, a Google Inc. vice president in charge of the company's "...

  • NEW YORK— When Janeane Garofalo asked Brad Bird, the director of "Mission: Impossible— Ghost Protocol," about Tom Cruise at a recent Tribeca Film Festival event, she peppered Bird with allusions to the Scientology documentary "Going Clear." That's probably not what Tom Cruise or the makers of the next "Mission: Impossible" film, "Rogue Nation," want to hear. "

  • FRANKFURT, May 5- Allianz shareholders will see new Chief Executive Oliver Baete installed on Wednesday and will be eager for any clues about his strategy for Europe's largest insurer- and how he plans to improve the prospects of its asset manager Pimco. For the wider Allianz group, meanwhile, Baete must chart a course through perils created by rock-bottom...

  • NEW YORK, May 5- U.S. The selling on Tuesday, often by traders winding down Treasury positions as inflation pressures show signs of quickening, accelerated after the Institute for Supply Management said its services index rose to 57.8 last month from 56.5 in March. "That was better than forecast," said Anthony Valeri, fixed-income strategist at LPL Financial in San...

  • May 5- Walt Disney Co's quarterly revenue beat analysts' expectations, helped by increased spending by visitors at its theme parks and strength in the company's TV networks business. The sequel opened last weekend with $191.2 million in ticket sales in the United States and Canada- the second-biggest opening of all time. "As much as the quarter itself was strong...

  • Warren Buffett to auction another charity lunch Tuesday, 5 May 2015 | 11:25 AM ET

    May 5- Billionaire investor Warren Buffett has once again agreed to have lunch this year with the winner of an auction to benefit a San Francisco charity. Past auctions have raised about $17.8 million, including a record $3,456,789 from an anonymous bidder in 2012. Last year's winner, Andy Chua of Singapore, bid $2,166,766. Other winners have included hedge fund...

  • LONDON, May 5- U.S. gasoline demand is running around 300,000 barrels per day above last year's level, as lower pump prices and continued economic expansion encourage motorists to use their cars more. Estimates for gasoline supplied to U.S. customers published by the Energy Information Administration show demand consistently running above the same point in...

  • Van Gogh work could bring over $40M at NYC auction Tuesday, 5 May 2015 | 10:52 AM ET

    NEW YORK— A painting Vincent van Gogh created while briefly working side-by-side with his friend Paul Gauguin in the south of France could sell for more than $40 million at auction Tuesday evening. The autumnal scene was painted in 1888 during a two-month period when van Gogh and Gauguin worked together in Arles, France. Monet's 1908 painting of Venice with a...

  • Isis reports 1Q loss Tuesday, 5 May 2015 | 10:18 AM ET

    CARLSBAD, Calif. _ Isis Pharmaceuticals Inc. on Tuesday reported a loss of $16.7 million in its first quarter. The average estimate of six analysts surveyed by Zacks Investment Research was for a loss of 19 cents per share. Five analysts surveyed by Zacks expected $52.3 million.

  • SAN FRANCISCO— Each time 81- year-old Bill Dworsky or his 80- year-old wife Dorothy opens the refrigerator, closes the bathroom door or lifts the lid on a pill container, tiny sensors in their San Francisco home make notes on a digital logbook. The couple's 53- year-old son, Phil, checks it daily on his smartphone. The Silicon Valley tech executive lives just across...

  • Wall Street's new favorite: Burgers and burritos Tuesday, 5 May 2015 | 9:42 AM ET
    Shake Shack workers prepare orders on August 18, 2014 in Madison Square Park in New York City. Shake Shack is allegedly considering going public and holding an initial price offering (IPO).

    Shares of fast-casual restaurants have been increasing at a fast pace, raising questions about growth sustainability.

  • Reading International posts 1Q profit Tuesday, 5 May 2015 | 9:16 AM ET

    LOS ANGELES _ Reading International Inc. on Tuesday reported first-quarter net income of $3.1 million, after reporting a loss in the same period a year earlier. Reading International shares have climbed almost 1 percent since the beginning of the year. Keywords: Reading International, Earnings Report.

  • Sempra beats 1Q profit forecasts Tuesday, 5 May 2015 | 9:09 AM ET

    SAN DIEGO _ Sempra Energy on Tuesday reported first-quarter profit of $437 million. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $1.40 per share. This story was generated by Automated Insights using data from Zacks Investment Research.

  • May 5- Walt Disney Co's quarterly revenue beat analysts' expectations, helped by increased spending by visitors at its theme parks and higher ad sales and affiliate fees in the company's media networks business. Walt Disney's media networks business, which includes sports powerhouse ESPN, the Disney channels and ABC, reported a 13 percent rise in revenue to...

  • Granite Construction reports 1Q loss Tuesday, 5 May 2015 | 8:48 AM ET

    WATSONVILLE, Calif. _ Granite Construction Inc. on Tuesday reported a loss of $8.6 million in its first quarter. The average estimate of six analysts surveyed by Zacks Investment Research was also for a loss of 22 cents per share. Granite Construction shares have declined 10 percent since the beginning of the year.

  • Bridgepoint reports 1Q loss Tuesday, 5 May 2015 | 8:46 AM ET

    SAN DIEGO _ Bridgepoint Education Inc. on Tuesday reported a loss of $371,000 in its first quarter. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 10 cents per share. This story was generated by Automated Insights using data from Zacks Investment Research.

  • Sunesis reports 1Q loss Tuesday, 5 May 2015 | 8:39 AM ET

    SOUTH SAN FRANCISCO, Calif. _ Sunesis Pharmaceuticals Inc. on Tuesday reported a loss of $9.1 million in its first quarter. The average estimate of four analysts surveyed by Zacks Investment Research was for a loss of 16 cents per share. Three analysts surveyed by Zacks expected $1.3 million.

  • 'Avengers' + 'Star Wars' = big year for Disney Tuesday, 5 May 2015 | 8:35 AM ET

    LOS ANGELES— Who would win if Captain America fought Luke Skywalker? "Avengers" has hauled in more than $650 million at theaters globally since its staggered release began two weeks ago, and buzz is already building for "Star Wars: Episode VII- The Force Awakens," set for release Dec. 18. The Walt Disney Co. plans a massive release of new merchandise surrounding the...