TOP BUSINESS NEWS

So-called 50-50 raffles are legal in 28 states and eight Canadian provinces, where more than 100 franchises are running them. Above, a raffle vendor at a baseball game between the Minnesota Twins and Milwaukee Brewers at Miller Park in Milwaukee.

Pro sports teams go on offense to be able to offer high-stakes raffles

SACRAMENTO — California's professional sports franchise owners are asking lawmakers to let them hold high-stakes, electronic raffles during games.

They seek an exclusive...

WASHINGTON — Consumers could end up the losers in a high-stakes battle among regulators, broadband providers and online entertainment giants...

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,...

As far as corporate notices go, they don't get much creepier than this recent alert from Verizon Wireless.

A former partner at the Los Angeles office of accounting giant KPMG was sentenced to 14 months in federal prison for giving confidential information...

as of
DJIA
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4/24/2014
NASDAQ
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+21.37
4/24/2014
S&P500
1878.61
+3.22
4/24/2014
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

Amazon launches grocery service for Prime members as profit rises

Amazon launches grocery service for Prime members as profit rises

Amazon.com Inc. said its first-quarter profit rose 18% as shoppers continued to flock to the online mega retailer to buy goods.

Google senior VP and head of Google+ to leave after eight years

Google senior VP and head of Google+ to leave after eight years

Google is saying goodbye to one of its top executives.

$100-million Desert Hills expansion includes McQueen, Valentino

$100-million Desert Hills expansion includes McQueen, Valentino

Simon Malls unveiled the $100-million expansion of its Desert Hills Premium Outlets in Cabazon on Thursday, allowing crowds of tourists...

Stocks close mostly higher on earnings; Apple up

Stocks close mostly higher on earnings; Apple up

The stock market closed mostly higher Thursday, helped by positive earnings out of several large U.S. companies including Apple and...

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

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

Fixed mortgage rates edged higher this week, with Freddie Mac reporting that lenders were offering 30-year loans to solid borrowers at an...

IRS workers who failed to pay taxes got bonuses, report says

IRS workers who failed to pay taxes got bonuses, report says

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

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...

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BUSINESS BLOGS

Obama and Japan's Abe fail to reach trade accord

Netflix tells Sen. Al Franken why it's against Comcast getting bigger

It's a Small World to become a big Disney film

'Other Woman' to take down mighty 'Captain America' at box office

Apple, Google agree to settle antitrust class action, lawyer's office says

Governor's business director gives thumbs up to film industry

Bryan Singer will not participate in upcoming 'X-Men' media events

KPMG partner who gave tips to golf buddy sentenced for insider trading

Lawyer in Bryan Singer case aims to expose 'many' Hollywood predators

Travel agents oppose effort to erase taxes and fees from airfare ads

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