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  • Ian Rogers, part of a team acquired last year, is leaving Apple to take a job at an unidentified company in Europe. Apple's $3 billion acquisition of Beats last year was driven in large part by the iPhone maker's desire to draw upon the musical chops of Rogers, longtime recording executive Jimmy Iovine and hip hop artist Dr. Apple Inc. says 11 million people have...

  • NEW YORK— A billion people logged in to Facebook on a single day this week, marking the first time that many members used the world's largest online social network in a 24- hour period. The number amounts to one-seventh of the Earth's population. But CEO Mark Zuckerberg, who founded the network in his Harvard dorm room 11 years ago, reflected on the occasion with a...

  • WASHINGTON/ BEIJING, Aug 28- The chairman of China's Tsinghua Unigroup travelled to the United States this week to meet with board members of Micron Technology and try to revive a politically fraught takeover bid of the U.S. chipmaker, people familiar with the matter said. Senator Charles Schumer of New York called on the inter-agency Committee on Foreign...

  • "The NLRB's actions today will subject employers to increased uncertainty, liability for workplaces that they don't actually control, and ramped up pressure tactics to ease union organizing," said Glenn Spencer, a vice president at the U.S. Chamber of Commerce. Business groups have said such a ruling, which came in the case of waste management company...

  • SACRAMENTO, Calif.— Democratic lawmakers advanced a package of tobacco regulation bills on Thursday, reviving proposals that earlier stalled in the Legislature amid opposition from tobacco companies. The measures approved by the Senate do not include a pending proposal to raise California's cigarette tax by $2 per pack from the current 87 cents.

  • ALBANY, N.Y.— Gap Inc. is ending its practice of requiring workers to remain on-call for short-notice shifts following an inquiry from New York's attorney general. A spokeswoman for the San Francisco- based retailer said Thursday the decision also applies to Gap's other brands, including Banana Republic, Old Navy and Athleta and was part of an effort to "improve...

  • Splunk reports 2Q loss 22 Hours Ago

    SAN FRANCISCO _ Splunk Inc. on Thursday reported a loss of $55.3 million in its fiscal second quarter. Sixteen analysts surveyed by Zacks expected $140.5 million. For the current quarter ending in November, Splunk said it expects revenue in the range of $158 million to $160 million.

  • SAN FRANCISCO— A new report estimates Apple shipped 3.6 million watches in the last quarter— more than some analysts have estimated and enough to change the competitive landscape for fitness bands and other wearable gadgets. Apple shipped enough units of its new smartwatch to nearly overtake market leader FitBit in the last quarter, according to analysts at...

  • SAN FRANCISCO, Aug 27- Apple Inc on Thursday invited journalists to a Sept. 9 event, where it is expected to unveil new iPhones and potentially a new version of its Apple TV set-top box. Cross Research analyst Shannon Cross said she was also expecting a faster processor on iPhones. When users posed the question in the invitation to Siri on their iPhones, Siri threw...

  • Twitter tries to lure in users as it searches for CEO Thursday, 27 Aug 2015 | 1:10 PM ET

    NEW YORK— Twitter's most urgent task is naming a new CEO. But the most formidable one is convincing more people that its service is essential, easy to use and not just meant for celebrities, 16- year-olds and news junkies. To help with the latter, there are big promotions, such as last year's World Cup push and this year's expanded content and advertising deal with the...

  • Apple schedules new product event for Sept. 9 Thursday, 27 Aug 2015 | 12:41 PM ET

    SAN FRANCISCO— Apple has announced plans for a new product event on Sept. 9 in San Francisco, where the giant tech company is expected to show off new iPhones and other gadgets. Apple says the Sept. 9 event will be held at the Bill Graham Civic Auditorium in downtown San Francisco. The auditorium seats up to 7,000 people, which is a much larger capacity than San...

  • Google rejects EU anti-trust allegations as flawed Thursday, 27 Aug 2015 | 12:03 PM ET

    BRUSSELS— Google rejected on Thursday a complaint by Europe's competition watchdog that the Internet giant is abusing its dominance in Web searches to promote its own products. The European Commission, the EU's executive body, alleged in April that Google has improperly favored its shopping comparison service in its own search results, in a high-stakes case...

  • LOS ANGELES— Discovery is unleashing the first videos for its virtual reality network, Discovery VR, a fledgling service that is testing the limits and capabilities of the immersive format. In "Freeboarding: San Francisco," viewers are put on the helmet of a skateboarder cruising down San Francisco's famously winding Lombard Street. Conal Byrne, Discovery...

  • Asian stocks rise after US data calms investor nerves Thursday, 27 Aug 2015 | 12:49 AM ET

    Investors were in a buying mood again on Thursday, driving U.S. stocks higher for the second straight day as they took advantage of this month's sell-off. Energy stocks surged as the price of U.S. oil jumped more than 10 percent, closing back above $40 a barrel. "Asset prices sold off so much and so drastically, people went in and did start to bottom-fish," said David Lyon,...

  • *Wall Street closes significantly higher after late rally. NEW YORK, Aug 26- Wall Street rebounded sharply on Wednesday after six straight days of large declines caused by China worries, while long-dated bond prices fell after a top Federal Reserve official scaled back expectations of a September rate increase. Bets about the timing of a rate increase was...

  • Williams-Sonoma meets 2Q profit forecasts Wednesday, 26 Aug 2015 | 4:18 PM ET

    SAN FRANCISCO _ Williams-Sonoma Inc. on Wednesday reported fiscal second-quarter earnings of $53.7 million. For the current quarter ending in November, Williams-Sonoma said it expects revenue in the range of $1.19 billion to $1.22 billion. Analysts surveyed by Zacks had expected revenue of $1.22 billion.

  • *Wall Street rises but European stocks end down. *China stock indexes give up early gains to close down. NEW YORK, Aug 26- Wall Street was sharply higher on Wednesday while European shares and commodities prices fell as investors balanced strong U.S. economic data and interest rate comments with fears about China's slowing economy.

  • Airfare deals pop up as airlines wage limited fare wars Wednesday, 26 Aug 2015 | 12:46 PM ET

    Don't expect widespread sales or cheap flights home for Thanksgiving. Fliers have been able to fly Chicago to Boston for $80 roundtrip, San Francisco to Las Vegas for $67 roundtrip and New York to Los Angeles, with a connection, for $150 roundtrip. "This is the big break consumers have been waiting for in response to lower fuel prices," says Seth Kaplan, managing...

  • Growing US economy causing traffic woes Wednesday, 26 Aug 2015 | 12:01 PM ET

    Los Angeles, San Francisco and New York come next on the list of urban areas with the longest delays. Overall, American motorists are stuck in traffic about 5 percent more than they were in 2007, the pre-recession peak, says the report from the Texas A&M Transportation Institute and INRIX Inc., which analyzes traffic data. Rounding out the Top 10 worst commuting...

  • LOS ANGELES, Aug 26- "Star Wars" producers on Wednesday announced a marathon, worldwide roll-out of toys next week for its upcoming "The Force Awakens" movie in a promotional push that seeks to capture the excitement that once greeted new "Harry Potter" book releases. The toys will be introduced online over an 18- hour period in 15 cities and 12 nations beginning in...