TOP BUSINESS NEWS

General Motors, the largest U.S. automaker, reported first-quarter profits plunged 88% after a series of vehicle recalls.

Massive recall expenses slash General Motor's first-quarter profit

Heavy spending to repair more than 6 million vehicles in the first quarter triggered an 88% plunge in General Motors Co. earnings for the period, compared to a year earlier.

The...

Apple investors were rejoicing this week after the company reported first-quarter earnings that were far better than expected, thanks to strong iPhone...

WASHINGTON — It's not difficult to get a bonus if you work for the Internal Revenue Service — even if you haven't paid your own taxes.

WASHINGTON -- The head of the Federal Communications Commission strongly defended his controversial net neutrality proposal, saying critics were...

Orthopedic products maker Zimmer Holdings on Thursday announced it will acquire Biomet Inc. in a deal valued at $13.35 billion, including assumption...

as of 12:10PM ET 4/24/2014
DJIA
16520.46
+18.81
4/24/2014 12:10:00 PM
NASDAQ
4151.612
+24.645
4/24/2014 12:10:00 PM
S&P500
1880.9
+5.51
4/24/2014 12:15:00 PM
QUOTE:
Resurrecting a stealthy giant

Resurrecting a stealthy giant

A 2010 fire on a B-2 stealth bomber in Guam left it heavily damaged. That sparked a four-year — and largely secretive — mission to repair the costly warplane.

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.

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

Mixed earnings news leaves stocks little changed

Mixed earnings news leaves stocks little changed

Mixed earnings from a large number of U.S. companies left the stock market without direction early Thursday, despite positive results from a...

FCC chairman proposes new net neutrality rules

FCC chairman proposes new net neutrality rules

WASHINGTON — Netflix Inc. and other Internet companies may soon be able to pay for a faster road online for streaming movies and other...

Apple, Facebook post strong results

Apple, Facebook post strong results

Talk of Silicon Valley losing steam was put on hold as two technology titans, Apple Inc. and Facebook Inc., tallied better-than-expected...

Allergan adopts 'poison pill' defense in Valeant takeover bid

Allergan adopts 'poison pill' defense in Valeant takeover bid

Takeover target Allergan Inc., the company that makes Botox, has adopted a "poison pill" defense intended to delay a buyout by Canadian...

Boeing profit falls 12.7% but it tops analyst forecasts

Boeing profit falls 12.7% but it tops analyst forecasts

Boosted by strong sales, Boeing Co. beat analysts' estimates for its first quarter largely because of faster production of commercial...

Irvine bank to buy Popular branches

Irvine bank to buy Popular branches

Banc of California, a growing community bank in Irvine, is doubling its footprint in Southern California as it joins a new wave of smaller...

Site of former department store in Beverly Hills on market again

Site of former department store in Beverly Hills on market again

One of the most desirable pieces of real estate in the country — the site of a former department store in Beverly Hills — is...

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...

Lacking sufficient lodging, L.A. tourism growth lags rivals

Lacking sufficient lodging, L.A. tourism growth lags rivals

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

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...

UC OKs paying surgeon $10 million in whistleblower-retaliation case

UC OKs paying surgeon $10 million in whistleblower-retaliation case

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

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BUSINESS BLOGS

Web giant Sina caught in China's 'lewd and pornographic' crackdown

Lyft adds 24 mid-size cities, gives 10% price cut in all markets

Fandango signs deal to buy Movieclips network

Postal workers union to protest Staples-USPS partnership in 27 states

Income inequality deepens as top 1% outpaces the 99%, study says

Freddie Mac: mortgage rates edge higher, 30-year averaging 4.33%

Apple's stock roars ahead 8.5% on big iPhone sales, stock buyback

William Hurt rides off 'Midnight Rider.' John Oliver's big moment.

Homes selling slower in Southern California. A sign of stability?

Only half of Americans say TSA screening makes flying safer

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