GO
Loading...

California

More

  • House sides with ridesharing services Uber, Lyft Wednesday, 23 Apr 2014 | 9:44 PM ET

    PHOENIX— The fate of how Uber and Lyft operate in Arizona is now in the hands of Gov. Warren Petersen, R- Gilbert, a supporter of the bill. Tom Forese, R- Gilbert: "Support this in the name of innovation and in the name of disruption."

  • NEW YORK, April 23- Warren Buffett, chairman of conglomerate Berkshire Hathaway, said on Wednesday that safety is a major priority for the rail industry, after a recent spate of accidents raised concerns about how to transport oil safely. Oil by rail has surged in recent years, helped by a boom in North Dakota.

  • NEW YORK, April 23- Warren Buffett, chairman of conglomerate Berkshire Hathaway, said on Wednesday that safety is a major priority for the rail industry, after a recent spate of accidents raised concerns about how to transport oil safely. Oil by rail has surged in recent years, helped by a boom in North Dakota.

  • Apple resets the clock as investors await next big thing Wednesday, 23 Apr 2014 | 8:45 PM ET

    SAN FRANCISCO, April 23- Apple Inc just bought itself some much-needed time. To top it all off, Apple unveiled a 7- for-1 stock split that should go down well with individuals who want a piece of a household name but could not afford to fork over $500 a share.

  • Apple takes steps to lift sagging stock price Wednesday, 23 Apr 2014 | 8:33 PM ET

    Apple upstaged Wednesday's release of its fiscal second-quarter earnings by announcing plans to send more cash to its shareholders and split its stock for the first time in nine years. This is what Apple is doing:. The commitment increases Apple's stock buyback program to $90 billion.

  • FCC to propose pay-for-priority Internet standards Wednesday, 23 Apr 2014 | 8:26 PM ET

    That's according to a senior FCC official familiar with the matter who wasn't authorized to speak publicly and spoke on condition of anonymity. FCC Chairman Tom Wheeler is to present the proposed rules to the other commissioners on Thursday.

  • NEW YORK, April 23- Warren Buffett, chairman of conglomerate Berkshire Hathaway, said on Wednesday that safety is a major priority for the rail industry, after a recent spate of accidents raised concerns about how to transport oil safely. Oil by rail has surged in recent years, helped by a boom in North Dakota.

  • The Vermont House of Representative passed the bill 114-30. Last week, the Vermont Senate, by a vote of 28-2, approved the measure, which requires foods containing GMOs sold at retail outlets to be labeled as having been produced or partially produced with "genetic engineering."

  • Small Wyoming town evacuated after gas explosion Wednesday, 23 Apr 2014 | 6:29 PM ET

    OPAL, Wyo.— A small town in southwest Wyoming was evacuated Wednesday after an explosion and fire at a natural gas processing facility and major national pipeline hub.

  • Cheesecake Factory's 1Q profit hit by weather Wednesday, 23 Apr 2014 | 5:52 PM ET

    CALABASAS HILLS, Calif.— The Cheesecake Factory Inc. said Wednesday that bad weather, a shift in holiday timing and legal costs weighed on its first-quarter profits. The restaurant chain said after the market closed that it earned $22.5 million, or 43 cents per share, for the quarter that ended April 1.

  • April 23- Safeway Inc on Wednesday said it plans to boost results by passing higher costs for meat, produce and other staples on to shoppers at its U.S. grocery stores, sending shares up 1.4 percent.

  • SAN FRANCISCO, April 23- Qualcomm Inc on Wednesday posted its smallest quarterly revenue increase since 2010 as it wrestles with a smartphone market that is losing steam and shifting to China, sending its shares lower.

  • Qualcomm 2Q net tops Street; faces bribery probe Wednesday, 23 Apr 2014 | 5:31 PM ET

    The company also said it had received notice from the Securities and Exchange Commission that regulators may pursue enforcement against Qualcomm for allegedly making bribes to Chinese state-owned companies or agencies. Qualcomm shares fell $3.21, or 4 percent, to $77.50 in after-hours trading.

  • Business Highlights Wednesday, 23 Apr 2014 | 5:17 PM ET

    Apple increases stock buyback, raises dividend. CUPERTINO, Calif.— Apple Inc. plans to buy back an additional $30 billion of its stock and raise its quarterly dividend by 8 percent amid a slowdown in revenue growth.

  • NEW YORK/ WASHINGTON, April 23- A former accounting manager for Nvidia Corp has settled with the U.S. Securities and Exchange Commission over allegations he leaked non-public information about the chipmaker that allowed a group of Wall Street analysts to make millions through illegal trades, the SEC announced on Wednesday.

  • Cheesecake Factory says weather hits profit, shares fall Wednesday, 23 Apr 2014 | 4:51 PM ET

    LOS ANGELES, April 23- Cheesecake Factory Inc on Wednesday reported quarterly profit that fell from a year ago, due to severe winter weather, a holiday shift and costs associated with the pending settlement of a legal claim.

  • Zynga founder Pincus leaving operations role Wednesday, 23 Apr 2014 | 4:45 PM ET

    NEW YORK— Online game maker Zynga's founder Mark Pincus is stepping down as chief product officer, less than a year after he was replaced as the company's CEO, as the company's sales slide. Zynga said Wednesday that Pincus will remain chairman of the company he founded in 2007..

  • Safeway reports 1st-quarter loss Wednesday, 23 Apr 2014 | 4:44 PM ET

    PLEASANTON, Calif.— Safeway on Wednesday posted a net loss for the first quarter because of higher costs and acquisition expenses. The deal, which combines Safeway and Albertsons, is expected to close in the fourth quarter.

  • SAN FRANCISCO, April 23- The city of San Francisco sued two landlords on Wednesday for allegedly evicting tenants to rent out rooms on such websites as Airbnb, opening a new front in a controversy over increasingly popular home-rental services.

  • Apple increases stock buyback, will split stock Wednesday, 23 Apr 2014 | 4:34 PM ET

    SAN FRANCISCO— Apple is doling out more of its cash to shareholders and preparing to split its stock for the first time in nine years in an attempt to win back investors fretting about the iPhone maker's slowing sales growth and pace of innovation.

Most Popular Video

Wednesday, 23 Apr 2014 | 4:57 PM ET

Weekly jobless claims and durable goods are the numbers to watch Thursday, but so are the massive amount of earnings reports expected. CNBC's Patti Domm explains.

Wednesday, 23 Apr 2014 | 4:32 PM ET

Apple is reporting Q2 EPS of $11.62 on revenue of $45.6 billion. Gene Munster, Piper Jaffray senior research analyst, says investors should feel a sense of relief on these numbers.

Wednesday, 23 Apr 2014 | 3:23 PM ET

CNBC's Becky Quick discusses Warren Buffett's feelings about the market.