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  • WASHINGTON, Jan 9- The U.S. economy added the largest number of jobs in 15 years in 2014, yet a surprising five-cent drop in average hourly earnings in December raises questions over whether a tightening labor market will ever translate into more money in the pockets of ordinary Americans. That relationship, however, has broken down in the recoveries from the...

  • KARLSRUHE, Germany, Jan 9- Germany's highest court has declined to hear a complaint brought by online taxi service Uber over a ban on its activity in the city of Hamburg, dealing a blow to the company. San Francisco- based Uber Technologies Inc, valued at about $40 billion in its latest fundraising, has touched a raw nerve in many countries by threatening to open up an...

  • SAN FRANCISCO, Jan 9- Ellen Pao, a former partner at Kleiner Perkins Caufield& Byers who has filed a discrimination and retaliation lawsuit against the venture firm, had offered to resign from Kleiner five years before filing her lawsuit, court documents show. The case has rattled Silicon Valley, in part because of Kleiner's high profile, and sparked an ongoing...

  • Jan 9- Portola Pharmaceuticals Inc said its experimental drug met the main goal of reversing the effect of an anticoagulant drug in a late-stage study, sending the company's shares up 11 percent in premarket trading. Data showed that an intravenous shot of the drug, andexanet alfa, immediately reversed the anticoagulation activity of Xarelto, developed by...

  • Top German court deals blow to Uber complaint Friday, 9 Jan 2015 | 8:33 AM ET

    KARLSRUHE, Germany, Jan 9- Germany's highest court has declined to hear a complaint brought by online taxi service Uber over a ban on its activity in the city of Hamburg, dealing a blow to the company. San Francisco- based Uber Technologies Inc, valued at $18.2 billion in a fundraising in June, just four years since its 2010 launch, has touched a raw nerve in many...

  • LOS ANGELES, Jan 8- As chefs in California hurried to stock their kitchens with newly legal foie gras, animal rights activists on Thursday protested a federal judge's decision overturning the state's two-year ban on sales of the fatty liver of ducks and geese. Chefs said they were scrambling to line up shipments from outside California while activists...

  • Renters' paychecks hit hard in priciest cities Thursday, 8 Jan 2015 | 3:30 PM ET
    A banner and sign advertise apartments for rent in San Francisco.

    Fast-rising rents in the priciest U.S. cities are eating up more than half of some apartment dwellers' paychecks.

  • Tower company Extenet Systems explores sale-sources Wednesday, 7 Jan 2015 | 2:42 PM ET

    Privately-held Extenet, whose investors include George Soros' Quantum Strategic Partners and tower company SBA Communications, is working with investment bank TAP Advisors to help find a buyer, said these people, who asked not to be named because the matter is not public. Larger competitor Crown Castle is one of the companies interested in the asset, as well as...

  • Lawsuit alleges Dr. Dre swindled Beats partner Wednesday, 7 Jan 2015 | 4:26 AM ET
    Dr. Dre

    Dre and record producer Jimmy Iovine are being vilified as scam artists in a lawsuit that alleges the duo duped one of their former partners.

  • FRESNO, Jan 6- California's business leaders on Tuesday ceremoniously broke ground on the country's largest and most ambitious plan for high-speed rail that would eventually transport passengers between Los Angeles and San Francisco in less than three hours. "This is important," Brown insisted, at the groundbreaking in Fresno. Construction began last year...

  • Get ready for the 'smart' lightbulb Tuesday, 6 Jan 2015 | 12:29 PM ET
    Bolt bulb by Misfit Wearables

    John Sculley's Misfit has come a long way from just being a wearable company. It now wants to light your home.

  • NYC grabs back top spot for global property investors Tuesday, 6 Jan 2015 | 12:01 PM ET

    Jan 5- New York City regained its top position among global commercial real estate buyers, unseating London and highlighting the appeal of U.S. properties in general, according to a survey of international investors released Tuesday. In the U.S., investors' top pick of New York was followed by San Francisco, Houston, Los Angeles and Washington, D.C., respectively.

  • LJUBLJANA, Jan 6- Bitstamp, one of the largest exchanges for trading the digital bitcoin currency, said it has suspended its service after a security breach on Sunday, resulting in loss of around 19,000 bitcoins. The breach represented a small fraction of its total bitcoin reserve and the majority was held in secure offline systems, the Slovenia- based firm posted...

  • Good news: Office vacancy rates finally declining Monday, 5 Jan 2015 | 12:19 PM ET
    Office buildings in New York

    It has been one of the slowest real estate sectors to recover from the recession, but the office market is finally being fueled by job growth.

  • Wine thieves target $15,000 per bottle Burgundies Monday, 5 Jan 2015 | 11:06 AM ET
    French Laundry restaurant in Yountville, California.

    Call them the Burgundy Bandits. Thieves in San Francisco are targeting high-end restaurants in a search for Domaine de La Romanee-Conti, a pricey Burgundy.

  • Tesla Roadster nearly doubles miles with upgrade Friday, 26 Dec 2014 | 1:47 PM ET
    A charging station at the company's booth during the 2014 North American International Auto Show Detroit.

    The Tesla Roadster is getting a battery upgrade that will allow the electric vehicle to drive several hundred miles without recharging.

  • Are you gonna eat that? The future of leftovers Tuesday, 23 Dec 2014 | 5:00 AM ET
    Hannah Parker, left, and Seth Cohen carry curbside compost bins to truck as town residents gathered at a town garage to distribute curbside composting bins to homes in Manchester-by-the-Sea, Mass. on March 8, 2014.

    In the very near future, you're not just going to recycle soda cans and glass jars. You're going to recycle last night's leftovers.

  • 'Boho Chic or 90s Glam'? The geography of style Monday, 15 Dec 2014 | 4:10 PM ET
    Nike Dunks

    Do stereotypes of regional fashion trends hold up to the test? Polyvore search trends suggest they do.

  • LendingClub spikes nearly 70% in trading debut Thursday, 11 Dec 2014 | 10:56 AM ET
    Lending Club founder and CEO Renaud Laplanche rings a ceremonial bell to begin trading during the company's IPO on the floor of the New York Stock Exchange, Dec. 11, 2014.

    Shares of LendingClub spiked nearly 70 percent in its trading debut on Thursday under the symbol "LC."

  • SF, LA sue Uber, settle with Lyft Tuesday, 9 Dec 2014 | 6:56 PM ET
    The Uber app

    Los Angeles and San Francisco filed a consumer protection suit against Uber, accusing the car service provider of unlawful business practices.