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  • Corporate earnings lift stocks to more record highs

    Corporate earnings lift stocks to more record highs

    U.S. stock indexes returned to record highs Tuesday as corporate profits continued to come in better than analysts expected. McDonald's and Caterpillar were among the big companies that reported healthier-than-forecast results. Jumps in prices for oil, metals and other commodities helped lift companies...

  • Celgene agrees to pay $280 million to settle cancer drug fraud suit

    The pharmaceutical company Celgene Corp. has agreed to pay $280 million to settle a federal lawsuit alleging it committed fraud promoting two cancer drugs for unapproved purposes. The settlement with Celgene was announced Tuesday by federal prosecutors in Los Angeles. The lawsuit filed in federal...

  • Uber's latest bid to win over drivers: 24/7 phone support

    Uber's latest bid to win over drivers: 24/7 phone support

    Uber added a 24-hour phone help line and a slew of new features and policy changes Tuesday in an attempt to appease drivers, who have long complained the San Francisco ride-hailing company doesn’t do enough to support them. The move is part of what Uber is calling its “180 Days of Change” — a campaign...

  • Did the Koch family buy a piece of the University of Utah to 'balance' a Marxist faculty?

    Did the Koch family buy a piece of the University of Utah to 'balance' a Marxist faculty?

    Here’s something you may not have known about the University of Utah: It’s been a center of scholarship in Marxian economic theory. But the right-wing Koch family almost certainly knows. That could be why the Charles Koch Foundation is making a $10-million donation to the school to establish a...

  • VW exec plans to plead guilty in diesel emissions cheating scandal

    VW exec plans to plead guilty in diesel emissions cheating scandal

    A Volkswagen official at the heart of the German automaker's wide-ranging diesel emissions cheating scandal plans to plead guilty in the criminal case. Oliver Schmidt’s agreement was announced during a 20-minute status conference, according to a Tuesday statement from the U.S. district court in...

  • Elon Musk and Mark Zuckerberg clash over the future of artificial intelligence

    Elon Musk and Mark Zuckerberg clash over the future of artificial intelligence

    Two of the technology industry’s most powerful leaders are at odds when it comes to artificial intelligence. Tesla Motors CEO Elon Musk has a pessimistic view of the risks associated with such technology. “I keep sounding the alarm bell,” Musk told the National Governors Assn. in June. “But until...

  • Fate of historic Laguna Seca race course is clouded once again

    Fate of historic Laguna Seca race course is clouded once again

    The future of the historic racetrack at Laguna Seca is once again up for grabs. Parties fighting for control of the Monterey County facility faced off at a Board of Supervisors session Tuesday morning in Salinas. A closed-door session that followed could decide the fate of the track, one of the...

  • Jury orders Olympus to pay $6.6 million but rejects claims its medical scopes are unsafe

    Jury orders Olympus to pay $6.6 million but rejects claims its medical scopes are unsafe

    A jury ordered giant medical scope maker Olympus Corp. to pay a Seattle hospital $6.6 million in damages tied to a deadly superbug outbreak, and told the hospital to pay $1 million to a deceased patient’s family. But jurors on Monday also handed the Tokyo-based manufacturer a key win, rejecting...

  • As your Roomba cleans your floors, it's gathering maps of your house

    As your Roomba cleans your floors, it's gathering maps of your house

    The company behind the Roomba vacuum, IRobot Corp., has grand plans for its robot cleaners. Two Roomba models — the 960 and 980 — map the interiors of homes to more efficiently hoover up dust and dirt. Those intimate maps, the company hopes, could soon be sold as personalized, data-rich products...

  • Michael Kors is buying Jimmy Choo for $1.35 billion

    Michael Kors is buying Jimmy Choo for $1.35 billion

    In a bid to burnish its brand image, bag and accessories maker Michael Kors is buying British luxury shoemaker Jimmy Choo in a deal worth $1.35 billion. Jimmy Choo — which counts Jennifer Lopez, Beyonce and Duchess of Cambridge Catherine (the former Kate Middleton) — among its fans, has a high-level...

  • Bush's Baked Beans recalled because of defective cans

    Bush's Baked Beans recalled because of defective cans

    Certain cans of Bush’s Best Baked Beans — Brown Sugar Hickory Baked Beans, Country Style Baked Beans and Original Baked Beans — are being recalled because of a potential problem with a seam on the cans. People should get rid of the recalled beans even if the food does not seem to be spoiled, Bush...

  • Microsoft Paint is marked for death

    Microsoft Paint is marked for death

    Microsoft Paint, the beloved Windows graphic editing program, has been marked for death. Thirty-two years after including a Paint program in its inaugural Windows 1.0, Microsoft Corp. put Paint on its list of “features that are removed or deprecated” in the new Windows 10 Fall Creators Update,...

  • SpaceX may have canceled Red Dragon Mars mission

    SpaceX may have canceled Red Dragon Mars mission

    SpaceX may have canceled its mission to Mars with a Red Dragon capsule that was set for 2020. Company Chief Executive Elon Musk retweeted a story late Friday afternoon titled “SpaceX skipping Red Dragon for ‘vastly bigger ships’ on Mars” that was published on Tesla enthusiasts blog Teslarati. The...

  • Vice Media lays off about 60 staffers as it refocuses on video

    Vice Media lays off about 60 staffers as it refocuses on video

    Vice Media laid off about 60 employees Friday in what the edgy news outlet described as a way to place a greater emphasis on video. The layoffs — which affect multiple departments and represent a 2% cut of Vice’s roughly 3,000 employees — come a month after Vice announced it had secured $450 million...

  • Disneyland brings back attractions that were closed for Star Wars land construction

    Disneyland brings back attractions that were closed for Star Wars land construction

    A year and a half after they were closed to make way for construction of a new Star Wars land, four Disneyland attractions along the Rivers of America are set to reopen. The Mark Twain Riverboat, Sailing Ship Columbia, Davy Crockett’s Explorer Canoes and the Disneyland Railroad will relaunch July...

  • Stocks slip as energy prices fall and 10-day tech rally ends

    Stocks slip as energy prices fall and 10-day tech rally ends

    U.S. stocks finished slightly lower Friday as energy companies fell with oil prices and a 10-day rally for technology companies came to an end. But Wall Street mostly avoided the sharp losses that hit European stocks. The price of U.S. crude oil fell 2.5% and pulled energy stocks lower. Technology...

  • Gender discrimination controversy grows at fabled Salk Institute

    Gender discrimination controversy grows at fabled Salk Institute

    Accusations of gender discrimination are growing at the Salk Institute, where a third female professor has sued the La Jolla science center for allegedly giving preference to men in pay, promotions, grant funding and leadership positions. Beverly Emerson, a prominent biochemist who studies how...

  • Lyft forms an autonomous vehicle unit

    Lyft forms an autonomous vehicle unit

    Lyft said Friday that it is setting up its own unit to develop autonomous vehicle technology, but its approach will be different from other companies and partnerships working on self-driving cars. The San Francisco-based ride-hailing service says it will open its network, inviting automakers and...

  • Big bang for the buck: 2017 Kia Soul Turbo

    Big bang for the buck: 2017 Kia Soul Turbo

    I like boxy, practical cars — as far back as my first vehicle, a beat-up ’51 Chevy panel truck. I applauded the arrival of the Toyota Scion XB and the Honda Element when they were both introduced in 2003, and the Nissan Cube when it appeared in 2009. But I didn’t always like the way those cars...

  • California bill would boost electric car rebates by $3 billion, but where will the money come from?

    California bill would boost electric car rebates by $3 billion, but where will the money come from?

    Over seven years, California has spent $430 million on low-emission vehicle subsidies to help lower the cost for car buyers. Now the state Legislature is looking to extend that by another seven years, but with a price tag of $3 billion. Assembly Bill 1184 is being slammed for leaving basic questions...

  • AlphaBay sold drugs, guns and hacking tools online — until a sting operation shut it down

    AlphaBay sold drugs, guns and hacking tools online — until a sting operation shut it down

    Two so-called “dark Web” sites dedicated to illegal drug and arms sales have been seized in an audacious sting operation, and the suspected ringleader has committed suicide, U.S. Justice Department officials said Thursday. Alexandre Cazes,a 25-year-old man from Quebec who was suspected of creating...

  • Mortgage broker rolls out another online way to assess what your house is worth

    Mortgage broker rolls out another online way to assess what your house is worth

    Do we really need another Zillow Zestimate-style online gizmo to tell us what a computer model says our homes are worth? Probably not. There already are scads of real estate and mortgage websites that offer some type of automated home valuation feature, such as Redfin, Realtor.com, Chase Mortgage,...

  • Sears to sell its Kenmore appliances on Amazon

    Sears to sell its Kenmore appliances on Amazon

    In the century before there was Amazon.com, it was Sears that was the everything store. With its vast inventory of tools, toys and even firearms, it upended local retailers. With its catalog model and nationwide delivery system, it promised to bring anything anyone wanted to their doorstep. But...

  • Bakersfield votes to end controversial program that funds home solar panels

    Bakersfield votes to end controversial program that funds home solar panels

    As home improvement projects to increase energy efficiency have exploded in California, so has the controversy over a property tax-based financing program that’s helped spur the growth. So-called PACE loans — which pay for solar panels, efficient appliances and other improvements — have been blamed...

  • Stocks waver as earnings and central-bank news dominate attention

    Stocks waver as earnings and central-bank news dominate attention

    U.S. stock indexes snoozed Thursday as investors were relieved the European Central Bank didn't announce any changes to its stimulus policies. The European bank maintained its current policies, and ECB President Mario Draghi said it hasn't even set a date for considering changes. Investors were...

  • Amazon acquires Santa Barbara start-up Graphiq to try to bolster Alexa

    Amazon acquires Santa Barbara start-up Graphiq to try to bolster Alexa

    Amazon.com Inc. acquired a Santa Barbara data analysis and search engine start-up in May to help improve its Alexa virtual assistant and other services, according to four sources familiar with the deal but unauthorized to discuss it. The previously unreported acquisition of Graphiq Inc. and its...

  • Cable TV upheaval prompts a wave of media merger talks

    Cable TV upheaval prompts a wave of media merger talks

    Cable television mogul John Malone for years predicted rapid consolidation in media, adding that there was an opportunity for small independent companies — so-called free radicals — to be swept together to create a more formidable media company. Charter Communications, which is backed by Malone’s...

  • Disneyland resort launches digital version of Fastpass, but it will cost you

    Disneyland resort launches digital version of Fastpass, but it will cost you

    Disneyland’s Fastpass system, the ride reservation system that the park invented in 1999, has moved into the digital age. The Anaheim resort launched a smartphone version of the ride reservation system Wednesday. It operates from the park’s smartphone app, and unlike the free reservation system...

  • There's a new buyer involved in Wanda's multibillion-dollar asset sale

    There's a new buyer involved in Wanda's multibillion-dollar asset sale

    Dalian Wanda Group’s announcement last week that it would sell $9.3 billion in tourism assets to a rival Chinese property developer came as a shock, illustrating the sudden reversal of a company thought to have deep pockets to match its lofty ambitions. Its move Wednesday to amend the agreement...

  • Tech and healthcare lift stocks to new records

    Tech and healthcare lift stocks to new records

    U.S. stocks continued to climb Wednesday, led by technology, healthcare and energy companies. Media companies also rose as stock indexes set record highs. The technology part of the Standard & Poor's 500 index broke the record it set in March 2000, before the dot-com bubble burst. Energy companies...

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  • 5 big changes for today's small businesses

    5 big changes for today's small businesses

    A generation ago, the notion of a small business owner meant something very different. You pictured a person who owned their own storefront, often named after themselves, and every day they were the first to arrive and the last to leave. They worked tirelessly for their customers, and their reward...

  • 5 steps to creating happiness in your workplace

    5 steps to creating happiness in your workplace

    Each workday, the average American spends 8.8 hours at work or on work-related activities, according to the Bureau of Labor Statistics. That’s even more time than people spend sleeping. And because we spend so much time at work, it's in your and your employer’s best interest to make workplaces...

  • 6 pet-related businesses you can start today

    6 pet-related businesses you can start today

    Starting your own business can nurture your entrepreneurial spirit, earn you some money and give you the opportunity to spend more time with your family — including your pets. So what job can you do that doesn't necessarily require a degree, affords you time flexibility, is in a growing industry...

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