While real estate in much of the country is hitting a slow patch, luxury home sales in Silicon Valley are soaring nearly as fast as Facebook stock.» Read More
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.
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.
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.
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.
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.
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.
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.
Alex Padilla, D- Los Angeles, credits the momentum for statewide legislation to the more than 100 cities and counties, including Los Angeles and San Francisco, that already have such bans. The law marks a major milestone for environmental activists who have successfully pushed plastic bag bans in cities across the U.S., including Chicago, Austin and Seattle.
District Judge William Pauley III in Manhattan cut a punitive damages award to $750,000 from $7.5 million, and additional aspects of the ruling could reduce the total amount further, according to an attorney for ex-MP3tunes Chief Executive Officer Michael Robertson.
Microsoft to offer early look at next Windows. SAN FRANCISCO— Microsoft plans to offer a glimpse of its vision for Windows this week, as its new CEO seeks to redefine the company and recover from missteps with its flagship operating system.
SAN FRANCISCO— Microsoft plans to offer a glimpse of its vision for Windows this week, as its new CEO seeks to redefine the company and recover from missteps with its flagship operating system.
Sept 29- A federal judge rejected a settlement of a lawsuit challenging longtime Abercrombie& Fitch Co Chief Executive Michael Jeffries' pay, saying it offered little benefit to shareholders despite "serious" allegations of wrongdoing.
Uber said it would start its UberTaxi service-- which uses regular taxi drivers to pick up rides in their down time-- in Berlin and Hamburg before rolling it out in other cities.
NEW YORK— Tibco Software Inc. said Monday that it is selling itself to private equity firm Vista Equity Partners for about $3.98 billion. Vista Equity, which owns several software companies, has offices in Austin, Texas, Chicago and San Francisco.
The department store chain, which also operates Bloomingdale's, said Monday that the growth is being fueled by its expanding online business.
BOSTON— Boston City Council members kicked off a discussion Monday on possibly giving themselves each a $25,000 raise to bring their salaries more in line with their counterparts in New York and other major U.S. cities, even as questions arise over whether the proposal violates Massachusetts law.
LOS ANGELES— The penalty for using an ATM that is not affiliated with your bank rose 5 percent over the past year. The average fee for using an out-of-network ATM climbed to a new high of $4.35 per transaction, according to a survey released Monday by Bankrate.com.
DETROIT— Kevyn Orr's success in shepherding Detroit through its historic bankruptcy will leave him unemployed, at least temporarily, when and if his task in the Motor City is complete. Orr left the international law firm Jones Day to take the Detroit job in March 2013 for $275,000 per year. That July, he made Detroit the largest U.S. city to file for bankruptcy.