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  • Judge's ruling strikes at pension fund's sanctity Thursday, 2 Oct 2014 | 3:56 AM ET

    SACRAMENTO, Calif.— A federal judge has struck a blow against the sanctity of public pensions in California by ruling that U.S. bankruptcy law permits the city of Stockton to treat pension fund obligations like other debts, allowing the city to cut benefits. Stockton argued that it must make its pension contributions for public employees before its creditors...

  • The site, already partly occupied by warehouses and distribution facilities for Wal-Mart, Amazon and Federal Express, is where Elon Musk's electric car maker Tesla Motors plans a factory to make batteries, helped by more than $1 billion of incentives provided by Nevada. For Gilman, this dry, desolate slice of Storey County is where the old Nevada, symbolized by...

  • Oct 1- U.S. apartment vacancy rate rose by 10 basis points in the third quarter, while new construction accelerated to its second-highest quarterly rise since the fourth quarter of 2002, real estate research firm Reis Inc said in a report. New York remained the most expensive market in the country with effective rents registering $3,185 per month, a 47 percent...

  • Nevada city plans festival to celebrate blue jeans Wednesday, 1 Oct 2014 | 5:08 PM ET

    RENO, Nev.— Nevada tourism officials are planning a three-day festival in Reno next fall to celebrate and promote the city as the birthplace of what became modern blue jeans. "Those of us fortunate to live and work in Reno-Tahoe USA now like to brag,' We have copper rivets in our genes,'" said Chris Baum, CEO of the Reno-Sparks Convention and Visitors Authority.

  • The FCC is planning a so-called incentive auction for mid-2015, a complex sale of highly valuable low-frequency radio airwaves currently used by broadcasters to clamoring wireless carriers.

  • Facebook apologizes to drag queens for name policy Wednesday, 1 Oct 2014 | 3:40 PM ET

    NEW YORK— Facebook is apologizing to drag queens and the transgender community for deleting accounts that used drag names like Lil Miss Hot Mess rather than legal names such as Bob Smith. The world's biggest online social network caught heat recently when it deleted several hundred accounts belonging to self-described drag queens, other performers and...

  • The FCC is planning a so-called incentive auction for mid-2015, a complex sale of highly valuable low-frequency radio airwaves currently used by broadcasters to clamoring wireless carriers.

  • Small businesses scramble to keep top staffers Wednesday, 1 Oct 2014 | 1:27 PM ET

    Love inspires students to keep coming back for more lessons and brings in more than a quarter of the studio's revenue, says Bisconti, owner of a Fred Astaire Dance Studio in Willoughby, Ohio.

  • San Francisco expands free public Wi-Fi access Wednesday, 1 Oct 2014 | 1:20 PM ET

    SAN FRANCISCO— San Francisco launched free Wi-Fi access at more than 30 public parks, plazas and recreation areas on Wednesday, thanks to a grant from Google. Internet giant Google donated about $600,000 to help the city buy and install Wi-Fi equipment and cover maintenance cost for two years, according to the San Francisco Chronicle.

  • Washington's minimum wage jumps to $9.47 per hour Wednesday, 1 Oct 2014 | 12:07 PM ET

    OLYMPIA, Wash.— Washington state's minimum wage will increase by 15 cents to $9.47 an hour starting on New Year's Day. While the state's current rate of $9.32 an hour is already the highest state minimum wage in the nation, a few cities have their own laws and have higher rates, like San Francisco, whose current rate is $10.74.

  • Judge: Stockton must treat pension like other debt Wednesday, 1 Oct 2014 | 9:06 AM ET

    SACRAMENTO, Calif.— Employees of the bankrupt California city of Stockton could be forced to take a 60 percent pension cut if a federal judge rejects its reorganization plan, a lawyer for the city said Wednesday in a case that could clarify who gets paid first by financially strapped cities around the nation— retirement funds or creditors. The contention by...

  • SAN FRANCISCO, Sept 30- Larry Ellison was the main draw for tens of thousands of technology professionals at Oracle Corp's annual conference in San Francisco on Tuesday, where he joked about losing his name after relinquishing his role as the company's CEO.

  • Business Highlights Tuesday, 30 Sep 2014 | 6:02 PM ET

    School spending by affluent is widening wealth gap. WASHINGTON— Education is supposed to help bridge the gap between the wealthiest people and everyone else. Ask the experts, and they'll count the ways:.

  • RIO DE JANEIRO, Sept 30- Anglo American Plc said on Tuesday that it obtained a Brazilian license to start operating its long-delayed, $14 billion Minas-Rio iron ore mining project, which is expected to enable its first shipment of ore by year-end.

  • Michelin Guide knocks Daniel down to 2 stars Tuesday, 30 Sep 2014 | 1:59 PM ET

    The Michelin Guide's latest roster of top New York City restaurants says Brooklyn and Queens are hot, but Daniel Boulud has lost a little sizzle. Unfortunately, over numerous meals this year at Daniel he just wasn't firing on all cylinders to maintain a third star, " Michael Ellis, director of the Michelin guides, said by telephone Tuesday.

  • SAN FRANCISCO, Sept 30- Microsoft Corp announced its' Windows 10' operating system on Tuesday, skipping a number, to replace the largely unpopular Windows 8 from two years ago.

  • Windows 10 tries blending new with familiar Tuesday, 30 Sep 2014 | 1:20 PM ET

    SAN FRANCISCO— Microsoft is trying to soften an unpopular redesign of Windows by reviving features from older versions while still attempting to nudge desktop users into a world of touch screens and mobile devices. Although the current version is called Windows 8, Microsoft says it's skipping ahead to Windows 10 to emphasize its effort to move forward.

  • SF supervisor pushes predictable work schedules Tuesday, 30 Sep 2014 | 10:37 AM ET

    SAN FRANCISCO— A San Francisco supervisor wants chain retail stores to give more predictable work schedules to their hourly employees, many of whom are struggling to juggle multiple jobs and family responsibilities.

  • US home prices rise at slowest pace in 20 months Tuesday, 30 Sep 2014 | 9:02 AM ET

    WASHINGTON— U.S. home prices in July increased at the slowest pace in 20 months, reflecting sluggish sales and a greater supply of houses for sale. The Standard& Poor's/Case-Shiller 20- city home price index rose 6.7 percent in July from 12 months earlier. That's down from an 8.1 percent gain in June and the smallest increase since November 2012.

  • EU says Apple gets illegal tax benefits in Ireland Tuesday, 30 Sep 2014 | 6:13 AM ET

    BRUSSELS— Apple risks having to repay Ireland tax rebates worth billions of dollars after the European Union's competition watchdog said Tuesday the company appears to be benefiting from illegal tax deals there.