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Stocks open mostly higher on Wall Street

Stocks are opening mostly higher on Wall Street as investors look over a mixed bag of company earnings. Tax preparation company Intuit jumped 6% after beating analysts' forecasts for earnings and raised its full-year profit estimate. Jewelry seller Tiffany slumped 8% after its own results fell...

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    Citigroup to pay nearly $100 million to settle Banamex money-laundering claims

    Citigroup has agreed to pay nearly $100 million to federal authorities to settle claims that a lack of internal controls at the bank's Banamex subsidiary may have allowed customers to launder money sent to Mexico. The Justice Department announced Monday that the division, based in Century City,...

  • Stocks bounce back as technology and defense companies climb

    Stocks bounce back as technology and defense companies climb

    Strong gains for technology companies helped lead U.S. stocks higher Monday. Defense contractors also climbed as the market continued to bounce back from a bout of turbulence last week. Stocks rose for the third day in a row. Technology companies are closing in on all-time highs and continued to...

  • Endless winter? California ski resorts plan to keep slopes open this summer

    Endless winter? California ski resorts plan to keep slopes open this summer

    Californians, blessed with the natural resources to ski and surf in the same day, may be able do both deep into summer for the first time in years. One of the wettest winters in decades has stretched the season for most California and Nevada ski resorts by up to two months, helping them regain...

  • Bolt EV helps boost electric car sales by 91% in California

    Bolt EV helps boost electric car sales by 91% in California

    Some good news for electric-car optimists: Sales of EVs in California rose 91% in the first quarter of 2017 from the same period last year. Pessimists will focus on total units: Only 13,804 pure electrics were sold across California. Sales for all cars and light trucks totaled 506,745, according...

  • Appeals court strikes down FAA drone registration rule

    Appeals court strikes down FAA drone registration rule

    An appeals court on Friday struck down a Federal Aviation Administration rule that required owners of drones used for recreation to register their craft. The ruling was a victory for hobbyists and a setback for the FAA, which cited safety concerns as it tried to tighten regulation of the fast-growing...

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