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  • *Markit manufacturing hits 4- month high, ISM hits 13- month low. NEW YORK, March 2- The Nasdaq on Monday closed above 5,000 for the first time since the year 2000 dot.com bubble as tech stocks were boosted by deals, while the S&P 500 and Dow indexes hit records after economic data pointed to a slowly accelerating economy. Real earnings and revenue are driving the...

  • *Markit manufacturing hits 4- month high, ISM hits 13- month low. It was boosted by chipmakers NXP Semiconductors NV, Intel Corp as well as network equipment maker Cisco Systems Inc after two big deal announcements. Shares of chipmaker NXP rose 17 percent to $99.35 after it agreed to buy smaller peer Freescale Semiconductor Ltd to create a company valued over $40...

  • Vega, Llamas to be weekend anchors for ABC Monday, 2 Mar 2015 | 11:05 AM ET

    The network said Monday that Vega, who has worked for ABC since 2011 after working in local news in San Francisco, will work on Saturdays. Llamas, who came to ABC from NBC's New York affiliate, will work Sunday night. ABC is part of The Walt Disney Co..

  • SAN FRANCISCO— Hewlett-Packard is buying wireless networking company Aruba Networks for about $2.7 billion, in what amounts to HP's first major acquisition since its disastrous purchase of a British software company in 2011.. Aruba, based in Sunnyvale, California, makes Wi-Fi networking systems for shopping malls, corporate campuses, hotels and...

  • Pattern Energy reports 4Q loss Monday, 2 Mar 2015 | 6:42 AM ET

    SAN FRANCISCO _ Pattern Energy Group Inc. on Monday reported a loss of $43.2 million in its fourth quarter. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 5 cents per share. Pattern Energy shares have risen 13 percent since the beginning of the year.

  • SAN FRANCISCO— For its next technological trick, Google will show you what it's like to zip through trees in the Amazon jungle. In its latest foray into the wilderness, Google teamed up with environmental protection group Amazonas Sustainable Foundation, or FAS, to explore a remote part of an Amazon rainforest in Brazil. Google is renowned for going out on a...

  • JUPITER, Florida, March 2- In October 2003, Jeb Bush unveiled one of the largest economic projects in Florida history: a $500 million plan to bring Scripps Research Institute to the state and build a biomedical hub he said would generate nearly 50,000 jobs in 15 years. As governor, he described it as a "seminal moment," comparable to Walt Disney World's arrival in...

  • Silicon Valley shuttle drivers vote to unionize Saturday, 28 Feb 2015 | 4:36 PM ET

    SAN FRANCISCO— Shuttle drivers employed who ferry tech workers between Silicon Valley and San Francisco have voted for union representation. The San Francisco Chronicle reported that drivers working for Compass Transportation voted 104-38 in favor of joining the Teamsters union Friday. The company drives workers to Apple, Yahoo, eBay, Zynga and Genentech.

  • SAN FRANCISCO, Feb 27- Google Inc submitted plans on Friday for a vastly expanded headquarters at the Silicon Valley city where the tech giant is based, presenting a bucolic vision of movable structures to be built under curving and translucent canopies. The new headquarters would give the Internet company the room for an additional 10,000 employees, compared...

  • The data breach involved current and former Uber drivers, and the company has notified attorneys general in states where those drivers live, including California. The company has raised more than $4 billion from prominent venture capital firms such as Benchmark and Google Ventures, valuing Uber at $40 billion and making it the most valuable startup in the...

  • NEW YORK— Uber says a database containing the names and drivers' license numbers of 50,000 of its drivers was breached in May. Uber says it will offer a one-year membership in Experian's ProtectMyID Alert identity theft protection service to the drivers involved. Others include retailer Home Depot, health insurer Anthem and Sony Pictures Entertainment.

  • OTTAWA, Feb 27- When Bank of Canada Governor Stephen Poloz abandoned a policy of offering forward guidance on interest rates last year, he said telling traders explicitly what's going to happen can boost volatility as it spurs a rush for the exits when things change. "How fast the market is flip-flopping around on interest rates in Canada has been quite...

  • SAN FRANCISCO— Thieves drove a car through a high-end electronics store in the latest crash-and-grab heist in the San Francisco Bay Area. San Francisco police say the crime occurred about 4 a.m. Friday at a store on California Street, causing $100,000 in damage to building. On Jan. 27, thieves smashed a stolen SUV through the front of a Wells Fargo museum in San...

  • BEIJING/ WASHINGTON, Feb 27- China is weighing a far-reaching counterterrorism law that would require technology firms to hand over encryption keys and install security "backdoors", a potential escalation of what some firms view as the increasingly onerous terms of doing business in the world's second largest economy. The initial draft, published by the...

  • Some California farmers to go without federal water Friday, 27 Feb 2015 | 6:11 AM ET

    SACRAMENTO, Calif.— The federal government said Friday it won't send any of its reservoir water to the Central Valley for the second straight year, forcing farmers in California's agricultural heartland to again scramble for other sources or leave fields unplanted. Many farmers had been bracing for the U.S. Bureau of Reclamation's announcement as...

  • 'House of Cards' dealt Netflix a winning hand Friday, 27 Feb 2015 | 3:01 AM ET

    The political drama launched Netflix's expansion into original programming two years ago, a risky bet that might have toppled the Internet video service had " House of Cards" flopped and squandered its estimated $100 million investment. Producing that much original content would have seemed like a long shot before " House of Cards" first established Netflix as...

  • *Dropped brands include Cisco, Apple, McAfee, Citrix. BEIJING, Feb 27- China has dropped some of the world's leading technology brands from its approved state purchase lists, while approving thousands more locally made products, in what some say is a response to revelations of widespread Western cybersurveillance. Smartphone and PC maker Apple Inc has also been...

  • *Dropped brands include Cisco, Apple, McAfee, Citrix. BEIJING, Feb 27- China has dropped some of the world's leading technology brands from its approved state purchase lists, while approving thousands more locally made products, in what some say is a response to revelations of widespread Western cybersurveillance. Others put the shift down to a protectionist...

  • ServiceSource reports 4Q loss Thursday, 26 Feb 2015 | 7:30 PM ET

    SAN FRANCISCO _ ServiceSource International Inc. on Thursday reported a loss of $13.5 million in its fourth quarter. On a per-share basis, the San Francisco- based company said it had a loss of 16 cents. For the year, the company reported that its loss widened to $95.2 million, or $1.15 per share.

  • Splunk reports 4Q loss Thursday, 26 Feb 2015 | 4:51 PM ET

    SAN FRANCISCO _ Splunk Inc. on Thursday reported a loss of $57 million in its fiscal fourth quarter. Analysts expected $137.4 million, according to Zacks. For the current quarter ending in April, Splunk said it expects revenue in the range of $116 million to $118 million.