TOP BUSINESS NEWS

Employees work at Alibaba.com Ltd.'s headquarters in Hangzhou, China.

Bigger than Facebook? Chinese tech giant Alibaba plans U.S. IPO

The largest tech IPO of the year will come from a company that many Americans have never heard of.

Alibaba -- a Chinese e-commerce behemoth with revenue larger than Amazon and EBay...

Socked by mortgage-related legal expenses, Bank of America Corp. lost $276 million during the first quarter, sending its stock down sharply.

In balmy Southern California this week, the polar vortex is putting a chill on Simon Baitler's Passover meals.

Southern California home prices are surging as the spring buying season heats up, with the median price in March hitting $400,000 for the first time...

Most Californians can't afford their rent.

as of 11:04AM ET 4/16/2014
DJIA
16317.79
+55.23
4/16/2014 11:04:00 AM
NASDAQ
4040.157
+5.996
4/16/2014 11:04:00 AM
S&P500
1849.32
+6.34
4/16/2014 11:09:00 AM
QUOTE:
Silicon Valley satire nails the culture, geeks say

Silicon Valley satire nails the culture, geeks say

Going for laughs but devoted to accuracy, a TV satire gets high marks from Bay Area techie savants.

Simple Internet-connected devices can end up in complex online crimes

Simple Internet-connected devices can end up in complex online crimes

Routers, computers, TVs, even refrigerators are being commandeered by hackers to steal, send spam or help shut down networks.

A pause to refresh

A pause to refresh

Every battery needs recharging, and those that operate the Economy Hub are no exception. We'll be taking time off over the next two weeks. Blogging in...

Privacy price gouging, courtesy of phone companies

Privacy price gouging, courtesy of phone companies

By now, you're probably thinking you have no privacy left.

MORE BUSINESS NEWS

Bank of America shares slide after surprise loss

Bank of America Corp. shares fell after the bank posted a surprise loss driven by $6 billion of costs tied to mortgage disputes.

Yahoo, PNC among early winners among stocks

Yahoo, PNC among early winners among stocks

U.S. stocks moved higher in early trading on Wednesday, extending their gains into a third day. Investors welcomed solid earnings from Yahoo...

Moelis jumps in debut after investment bank's scaled-down IPO

Moelis & Co. gained in its trading debut after raising less than it planned in the first U.S. initial public offering of an investment...

Health sign-ups in state draw to a close

Health sign-ups in state draw to a close

After website troubles sparked a two-week extension, California officials wrapped up the first open enrollment for Obamacare coverage with...

Yahoo's first-quarter sales exceed estimates amid turnaround

Yahoo's first-quarter sales exceed estimates amid turnaround

Yahoo is still prospering from its lucrative investments in Asia while the Internet company's listless advertising sales are picking up...

Intel posts lower net income, higher revenue

Intel posts lower net income, higher revenue

Intel's earnings fell in the first three months of the year, but revenue grew because of solid demand for tablet processors and its data...

SoCal Edison to lay off hundreds in effort to streamline management

SoCal Edison to lay off hundreds in effort to streamline management

 Southern California Edison Co. plans to lay off hundreds of employees as part of a management streamlining and outsourcing of some...

More U.S. consumers are seeking medical care, report shows

More U.S. consumers are seeking medical care, report shows

A historic slowdown in U.S. healthcare spending in recent years may be drawing to a close.

Obamacare cost forecast is reduced 7% by U.S. fiscal watchdog

Obamacare cost forecast is reduced 7% by U.S. fiscal watchdog

WASHINGTON — Lower-than-expected health insurance premiums under Obamacare will help cut the long-term cost of the program 7% over the...

Surging retail sales signal an economy on the upswing

Surging retail sales signal an economy on the upswing

Americans rushed out to shop as frigid weather lifted in March, propelling retail sales at the fastest pace in a year and a half.

Stocks close higher on retail sales increase

Stocks close higher on retail sales increase

Stocks are closing higher, clawing back some of the ground they lost last week, as investors were encouraged by solid earnings from...

TIAA-CREF to buy Nuveen Investments in $6.25-billion deal

TIAA-CREF to buy Nuveen Investments in $6.25-billion deal

TIAA-CREF, one of the largest money managers in the country, on Monday said it had agreed to acquire Nuveen Investments in a deal valuing...

Retail sales surge in March at fastest pace in 1 1/2 years

Retail sales surge in March at fastest pace in 1 1/2 years

WASHINGTON -- Retail sales surged last month at their fastest pace in 1-1/2 years as consumer spending heated up after a harsh winter.

Citigroup earnings beat analyst estimates

Citigroup earnings beat analyst estimates

Citigroup Inc. reported an unexpected profit increase and beat analysts' estimates as the company recouped funds previously set aside for...

 Space entrepreneur seeks end to spy satellite launch monopoly

Space entrepreneur seeks end to spy satellite launch monopoly

A high-stakes battle is underway in Washington over launching the U.S. government's most sophisticated national security satellites.

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BUSINESS BLOGS

Bitcoin exchange Mt. Gox says 'no prospects' for restart of business

NBCU's digital push. Oliver North lends hand to 'The Americans.'

Housing starts rise slightly in March

Mercedes confirms all-new AMG GT sports car, reveals interior

2014 New York Auto Show: 2015 Chevy Trax comes to the U.S.

N.Y. Auto Show: Volkswagen brings all-new wagon, refreshed Jetta, GTI pricing

'Captain America' tops China box office again, haul now $80 million

MBS Media Campus evacuates Manhattan Beach studio over bomb scare

KIIS wins in March; KROQ's 'Kevin & Bean' rules the morning drive

Gmail makes adding photos into messages quicker with new feature

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