GO
Loading...

California

More

  • HIV pills show more promise to prevent infection Tuesday, 22 Jul 2014 | 2:31 AM ET

    There is more good news about HIV treatment pills used to prevent infection in people at high risk of getting the AIDS virus: Follow-up from a landmark study that proved the drug works now shows that it does not encourage risky sex and is effective even if people skip some doses.

  • July 21- Rupert Murdoch's plan to buy Time Warner would help the Twenty-First Century Fox chairman make larger inroads in China, a fast-growing market that media moguls are finding hard to crack. Time Warner's board rejected Murdoch's $80 billion offer, but the Fox chairman is expected to continue the chase.

  • July 21- Burrito chain Chipotle Mexican Grill Inc last quarter achieved what many of its rivals could only dream of: It raised prices, yet attracted more diners during a period of sluggish economic growth. Rival Panera Bread Co was on a similar trajectory until last year, when "operational friction" caused it to stumble on speed.

  • July 21- A former president of Qualcomm Inc's global business operations pleaded guilty on Monday to insider trading in shares of the mobile phone chipmaker and a company it bought in 2011, as well as to a related money laundering charge.

  • Widow: Jury sent tobacco company a $23B message Monday, 21 Jul 2014 | 6:21 PM ET

    NEW YORK— A Florida widow awarded $23.6 billion in the death of her chain-smoking husband on Monday called the massive verdict a message to Big Tobacco, even though she likely won't see much if any of the money. In another major tobacco trial, a $28 billion verdict in a 2002 case in Los Angeles turned into $28 million after appeals.

  • NEW YORK/ SAN FRANCISCO, July 21- Apple, once a can't-miss stock, is finding it tough to persuade portfolio managers to come back into the fold. Part of the reason for a lack of portfolio manager enthusiasm is that Apple Inc no longer seems to be the hot growth company of old, fund managers say. Apple reports results for its fiscal third quarter on Tuesday, July 22.

  • Business Highlights Monday, 21 Jul 2014 | 6:01 PM ET

    Microsoft makes design central to its future. Before Ralf Groene helped devise the look and feel of Microsoft's Surface tablet, he designed food— or "food concepts," he says, such as dried noodles that come wrapped around a pair of chopsticks and a fork that squeezes out sauce.

  • July 21- A former president of Qualcomm Inc's global business operations pleaded guilty on Monday to insider trading in shares of the mobile phone chipmaker and a company it bought in 2011, as well as to a related money laundering charge. District Judge William Hayes in San Diego, according to the U.S. Department of Justice.

  • Yahoo buying app and analytics company Flurry Monday, 21 Jul 2014 | 5:20 PM ET

    NEW YORK— Yahoo is buying Flurry Inc., a startup that helps other programmers build better mobile applications and craft marketing campaigns for smartphones and tablets.

  • NEW YORK/ SAN FRANCISCO, July 21- Apple, once a can't-miss stock, is finding it tough to persuade portfolio managers to come back into the fold. Part of the reason for a lack of portfolio manager enthusiasm is that Apple Inc no longer seems to be the hot growth company of old, fund managers say. Apple reports results for its fiscal third quarter on Tuesday, July 22.

  • Netflix tops 50M subscribers as 2Q earnings soar Monday, 21 Jul 2014 | 4:48 PM ET

    SAN FRANCISCO— Netflix's second-quarter earnings more than doubled as new episodes from a hit series helped the Internet video service surpass 50 million worldwide subscribers for the first time. The gains announced Monday include an additional 570,000 U.S. subscribers, slightly more than Netflix's management predicted.

  • It once owned a handful of stores in New York City, Seattle and Philadelphia but closed most, including one in Times Square, in 2010.. At the same time Starbucks Corp last week opened its first store in Colombia 43 years after the world's biggest coffee chain began buying beans from the country famous for its premium arabica coffee.

  • Pennsylvania sees 3rd rating downgrade in 2 years Monday, 21 Jul 2014 | 3:36 PM ET

    HARRISBURG, Pa.— Pennsylvania received its third bond downgrade in two years Monday, after Gov.

  • Beef pollutes more than pork, poultry, study says Monday, 21 Jul 2014 | 3:00 PM ET

    Compared with the other animal proteins, beef produces five times more heat-trapping gases per calorie, puts out six times as much water-polluting nitrogen, takes 11 times more water for irrigation and uses 28 times the land, according to the study published Monday in the journal Proceedings of the National Academy of Sciences.

  • SHANGHAI/ LOS ANGELES, July 21- Yum Brands Inc and McDonald's Corp are facing a new food safety scare in China, denting the fast-food companies' efforts to shore up reputations and businesses that were hurt by a 2012 safety scandal in one of their biggest markets.

  • July 21- A former top executive at Autonomy Corp is seeking to block Hewlett-Packard Co's settlement of three shareholder lawsuits over its troubled purchase of the British software company, saying HP officials are wrongly absolved of a $8.8 billion writedown.

  • Thirst for US craft beer grows overseas Monday, 21 Jul 2014 | 12:35 PM ET

    The move also marks a continuing departure from the status quo of mass market lagers or stouts, demonstrating a willingness of American breweries to explore— and innovate— old world beer styles from Belgium, Germany and the United Kingdom.

  • Swimwear designer, age 19, debuts in Miami Beach Monday, 21 Jul 2014 | 12:24 PM ET

    MIAMI BEACH, Fla.— It was nearly show time as designer Francesca Aiello snapped pictures backstage of models in her latest swimwear designs. This was Frankie's Bikinis' debut show for the 19- year-old designer at Mercedes-Benz Fashion Week Swim in Miami Beach, but Aiello is a pro when it comes to social media.

  • Alex and Ani OK'd to sue BJ's, others over jewelry Monday, 21 Jul 2014 | 12:07 PM ET

    Alex and Ani says a California- based company, Elite Level Consulting, pretended it was going to give out its trendy bracelets in VIP goodie bags at a film festival and at a dressage competition, or as the judge describes it in his order, "horse ballet.

  • Ex-Autonomy CFO opposes HP shareholder settlement Monday, 21 Jul 2014 | 11:22 AM ET

    July 21- A former chief financial officer of Autonomy Corp is opposing a settlement between Hewlett-Packard Co executives and directors and the company's shareholders over HP's troubled $11.1 billion acquisition of the British software company.