TOP BUSINESS NEWS

Apple reported fiscal second-quarter earnings Wednesday as analysts continued to worry about slowing growth.

Apple shares surge as second-quarter revenue tops forecasts

After weeks of anxiety among investors over Apple Inc.'s fiscal second-quarter results, the company delivered a one-two punch of good news Wednesday that sent its stock soaring.

Fi...

Facebook crushed expectations with its first-quarter financial results.

WASHINGTON -- The IRS paid a total of about $1.1 million in bonuses over about two years to more than 1,100 employees who had been disciplined for...

In the battle for tourists, Los Angeles is losing ground to rivals Orlando, Fla., New York, and Chicago.

University of California regents agreed to pay $10 million to the former chairman of UCLA's orthopedic surgery department, who had alleged that the...

as of 04:30PM ET 4/23/2014
DJIA
16501.65
-12.72
4/23/2014 4:30:00 PM
NASDAQ
4126.967
-34.491
4/23/2014 5:15:00 PM
S&P500
1875.39
-4.16
4/23/2014 4:30:00 PM
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.

Gabriel Garcia Marquez, 1927-2014

Gabriel Garcia Marquez, 1927-2014

No literary experience is rarer than reading a book that changes the way you see the world. "War and Peace" will change the way you look at the...

Cheerios maker gets bowled over

Cheerios maker gets bowled over

General Mills, maker of Cheerios and Wheaties, thinks it deserves credit for reversing itself after quietly trying to strip customers of their...

MORE BUSINESS NEWS

Stock close mostly lower, ending six-day rally

Stock close mostly lower, ending six-day rally

Stocks edged mostly lower Wednesday, breaking a six-day winning streak, as investors reacted to another round of quarterly earnings...

Banc of California gets 20 Popular Community branches, Latino presence

Banc of California gets 20 Popular Community branches, Latino presence

Banc of California in Irvine is acquiring Popular Community Bank's 20 Southern California offices, part of a deal in which Popular Inc.,...

Allergan adopts 'poison pill' defense in Valeant takeover bid

Allergan adopts 'poison pill' defense in Valeant takeover bid

Allergan Inc., the Irvine company that makes Botox, has adopted a "poison pill" defense that could make it more difficult for Canadian...

Eastwood starts shooting 'American Sniper' at Santa Clarita ranch

Eastwood starts shooting 'American Sniper' at Santa Clarita ranch

Clint Eastwood's latest movie, "American Sniper," kicked off with a bang in Los Angeles County this week.

NBC turnaround and Winter Olympics help lift Comcast earnings

NBC turnaround and Winter Olympics help lift Comcast earnings

The NBC broadcast network, after trailing in the ratings for nearly a decade, could finish the TV season in first place among viewers prized...

Two L.A. Asian American banks near top of national stock ratings

Two L.A. Asian American banks near top of national stock ratings

Two of Los Angeles' many Asian American banks ranked near the top of analysts' national lists of bank stocks that investors should buy, a...

 Allergan stock climbs amid $46-billion bid

Allergan stock climbs amid $46-billion bid

Canadian company Valeant Pharmaceuticals International Inc. and activist investor Bill Ackman moved forward with their plans to acquire...

Suit alleges shoe boxes contain ingredient in rat repellent

Suit alleges shoe boxes contain ingredient in rat repellent

A major manufacturer of anti-fungal products has filed suit in Los Angeles against a competitor, contending that hundreds of thousands of...

Supreme Court justices appear conflicted over Aereo copyright case

Supreme Court justices appear conflicted over Aereo copyright case

WASHINGTON — Confronting a case that could reshape the television broadcast industry, Supreme Court justices sounded conflicted...

U.S.-Japan squabble over beef threatens Trans-Pacific Partnership

U.S.-Japan squabble over beef threatens Trans-Pacific Partnership

WASHINGTON — After more than four years and 20 rounds of negotiations, the world's biggest free-trade deal in a generation has come...

Amgen revenue misses analyst estimates

Amgen Inc., the world's largest biotechnology company by sales, reported first-quarter revenue below analysts' estimates on lower-than-...

Lockheed profit surges 23%, beats estimates

Lockheed Martin Corp., the U.S. government's top contractor, said its first-quarter profit jumped 23 percent, topping analysts' estimates...

Novartis to buy GlaxoSmithKline cancer unit for up to $16 billion

Novartis to buy GlaxoSmithKline cancer unit for up to $16 billion

Swiss pharmaceutical giant Novartis AG announced a series of multibillion-dollar deals Tuesday with other major pharmaceutical companies...

Aereo fights for future before the Supreme Court

Aereo fights for future before the Supreme Court

It is about the size of a dime and light as a feather.

 Ackman, Valeant partner in bid to buy Botox maker Allergan

Ackman, Valeant partner in bid to buy Botox maker Allergan

Activist investor Bill Ackman is partnering with a Canadian pharmaceutical company in an effort to buy Allergan Inc., the Irvine company...

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