GO
Loading...

California

More

  • SAN FRANCISCO, March 31- U.S. Treasury Secretary Jack Lew on Tuesday said a strong dollar remains good for America, especially when it appreciates because of a strong domestic economy. "A strong dollar is good for the United States, especially when it's reflecting a strong U.S. economy relative to other economies."

  • Acting Administrator Sarah Feinberg was promoting the agency's safety campaign— prompted by fatal crashes in New York and California— which calls for increased police patrols and ticketing. Nita Lowey, D- N.Y., and other officials gathered at the Metro-North Railroad crossing on Roaring Brook Road in Chappaqua, just a few miles up the line from a crossing in...

  • SAN FRANCISCO, March 31- The United States feels China's yuan does not yet meet the standards for inclusion in the International Monetary Fund's basket of global currencies, Treasury Secretary Jack Lew said on Tuesday.

  • Landec meets 3Q profit forecasts Tuesday, 31 Mar 2015 | 4:16 PM ET

    MENLO PARK, Calif. _ Landec Corp. on Tuesday reported fiscal third-quarter profit of $3.8 million. For the current quarter ending in May, Landec said it expects revenue in the range of $130 million to $135 million. Landec shares have climbed 1 percent since the beginning of the year.

  • NEW YORK— CBRE Group Inc. said Tuesday that it will pay $1.475 billion in cash to buy a unit of Johnson Controls Inc. that manages spaces for corporations. When combined, CBRE and Johnson Controls' global workplace solutions unit will manage nearly 5 billion square feet of real estate around the world. As part of the deal, CBRE will agree to use Johnson Controls as...

  • Synnex misses Street 1Q forecasts Tuesday, 31 Mar 2015 | 4:09 PM ET

    FREMONT, Calif. _ Synnex Corp. on Tuesday reported fiscal first-quarter earnings of $46.3 million. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.52 per share. Three analysts surveyed by Zacks expected $3.43 billion.

  • Google Maps turns into Pac-Man's chomping grounds Tuesday, 31 Mar 2015 | 3:19 PM ET

    Google added the option to convert its popular navigation service into the Pac Man video game on Tuesday morning, around the same day the calendar turned to April 1 in Asia. That ushered in a day when Google shows off its playful side by injecting more frivolity into its services. The game can be played in Google Maps on desktop computers or mobile devices that have...

  • ST. LOUIS— Agribusiness Monsanto Co., whose popular weed killer Roundup has been partly blamed by critics for knocking out monarch butterflies' habitat, said Tuesday it is committing $4 million to efforts to stem the worrisome decline of the black-and-orange insects. The St. Louis- based company said that of $3.6 million it is donating to the National Fish and...

  • BRUSSELS, March 31- European Union antitrust regulators have asked Luxembourg for information on its tax rulings for McDonald's after labor unions accused the U.S. fast food chain of avoiding taxes, a person involved in the issue said on Tuesday. The move, which neither the EU nor Luxembourg would immediately confirm, falls well short of the proceedings the EU...

  • BUSINESS NEWS SCHEDULE AT 1830 GMT/2:30 PM ET Tuesday, 31 Mar 2015 | 2:30 PM ET

    Editor: Steve Orlofsky 1 646 223 6214. NEW YORK- U.S. consumer confidence rebounded strongly in March amid optimism over the labor market and home prices increased, hopeful signs that a recent sharp slowdown in economic activity will be temporary. NEW YORK- U.S. stocks decline in a retreat from the previous session's sharp rally, but major indexes remain on track...

  • The San Francisco Chronicle reported Tuesday the anonymous person wrote that Denise Huskins' ordeal last week was real, and her name should be cleared. One lengthy email said the kidnappers used plastic squirt guns with strobe flashlights and laser pointers duct-taped to them to mimic firearms when they broke into Huskins' Vallejo home in the early hours of...

  • WASHINGTON, March 31- A Spider-Man toy that shoots out webs of foam was at the center of a U.S. Supreme Court hearing on Tuesday, with the justices appearing little inclined to overturn a half-century-old legal precedent to allow more royalty fees to go to its inventor. The nine justices heard more than an hour of oral arguments in the case pitting the inventor,...

  • Charlie Baker's proposal to do away with the decade-old tax break for movie and TV production in Massachusetts. Citing a recent report from the state Department of Revenue, Secretary of Economic Affairs Jay Ash said for each dollar in tax incentives for the film industry from 2006 to 2012, the state received 13 cents in offsetting revenue.

  • SAN FRANCISCO— Officials of a San Francisco suburb hit by a deadly 2010 gas-line blast said Tuesday they support a proposal to raise the financial penalty against the utility responsible to $1.6 billion. San Bruno Mayor Jim Ruane spoke in favor of a plan by the new head of the state Public Utilities Commission, Michael Picker, to raise the penalty against Pacific...

  • ATLANTIC CITY, N.J.— Morgan Stanley has cut its estimate of the potential U.S. It took in $135 million last year; Morgan Stanley initially forecast $678 million. Morgan Stanley forecasts the 2017 online market will be $410 million, down from an initial estimate of $1.3 billion.

  • March 31- John Malone-backed Charter Communications Inc said it would buy Bright House Networks in a $10.4 billion deal as it expands its cable network after losing out to Comcast Corp in a fight for Time Warner Cable Inc.. Comcast's $45.2 billion offer for Time Warner Cable last year highlighted the changing landscape of the industry. "I think it is inevitable...

  • SAN FRANCISCO, March 31- Ellen Pao faces an uphill battle should she choose to appeal her defeat last week in a gender discrimination lawsuit against former employer Kleiner, Perkins, Caufield& Byers, the Silicon Valley venture capital firm. Not only did a San Francisco Superior Court judge side with Pao on some key evidentiary disputes in the run-up to trial, but...

  • NEW YORK— A nonprofit director who said he could help desperate parents recover children illegally taken from the United States during custody disputes was arrested Tuesday on charges accusing him of being a con man. A criminal complaint filed in federal court in Manhattan alleges Peter Senese defrauded families by charging them large fees on the false...

  • DETROIT, March 31- Honda Motor Co has joined Daimler AG's Mercedes-Benz in testing self-driving vehicles and technologies on private roads at a former U.S. naval facility outside San Francisco, the Japanese automaker said Tuesday. Honda also is a partner in the University of Michigan's Mobility Transformation Center, which plans to open a similar testing...

  • UPDATE 1-Refiner Delek in talks to buy Alon Israel Tuesday, 31 Mar 2015 | 11:42 AM ET

    Alon USA's refineries in Texas, California and Louisiana have an aggregate crude oil throughput capacity of about 217,000 barrels per day. Financial terms were not mentioned by either Alon USA of Delek in their regulatory filings disclosing the merger talks. As of Monday's close, Alon USA had a market capitalization of $1.11 billion and Delek was valued at...