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  • Google spinoff Waymo accuses Uber of self-driving car theft

    Google spinoff Waymo accuses Uber of self-driving car theft

    Waymo, a self-driving car company founded by Google, is colliding with ride-hailing service Uber in a court battle revolving around allegations of betrayal, high-tech espionage and greed. The brewing showdown emerged late Thursday in a lawsuit filed in a San Francisco federal court by Waymo, a...

  • Stocks end mixed as investors seek safety

    Stocks end mixed as investors seek safety

    Stocks wobbled Thursday as investors changed course and tempered their expectations for faster economic growth. Industrial companies, which have surged over the last few months, finished lower as Wall Street focused on gold, bonds and companies that pay big dividends. Construction equipment, transportation...

  • Ghosn steps aside as Nissan CEO to focus on 3-automaker alliance

    Ghosn steps aside as Nissan CEO to focus on 3-automaker alliance

    Carlos Ghosn, who leads the Nissan-Renault-Mitsubishi alliance, is handing over the helm at Nissan Motor Co. to Hiroto Saikawa, a veteran Japanese executive at Nissan, but Ghosn is staying on as the automaker’s chairman. Saikawa will become chief executive at Nissan — based in Yokohama, Japan —...

  • Qualcomm, Microsoft and Airbus invest in Santa Monica drone software start-up AirMap

    Qualcomm, Microsoft and Airbus invest in Santa Monica drone software start-up AirMap

    The venture capital arms of Qualcomm Inc., Microsoft Corp. and Airbus have led a $26-million investment in AirMap, the builder of drone air traffic management software announced Thursday. The Santa Monica start-up, which opened its first office in 2015, builds technology that tracks air traffic,...

  • 'Expendables' producer Millennium Films sells majority stake to Chinese company for $100 million

    'Expendables' producer Millennium Films sells majority stake to Chinese company for $100 million

    Millennium Films, the producer of the “Expendables” movies and the most recent “Rambo” sequel, has agreed to sell a 51% stake to Chinese conglomerate Recon Group for $100 million. Recon, known for owning the Aston Villa Football Club in Britain, will acquire a majority ownership of Los Angeles-based...

  • Beauty companies hustle to keep up with faster trends

    Beauty companies hustle to keep up with faster trends

    When reality TV star Kylie Jenner introduced her first cosmetics products to the Internet in late 2015, the Kylie Lip Kits — matte liquid lipstick and lip liner combos — sold out in minutes. Competing brands were paying attention. Companies quickly started promoting their own matte lipsticks as...

  • SpaceX Dragon brings supplies (and a birthday treat) to the International Space Station

    SpaceX Dragon brings supplies (and a birthday treat) to the International Space Station

    SpaceX’s Dragon capsule successfully attached to the International Space Station early Thursday, a day after aborting its first attempt. NASA confirmed on its TV service that the capsule, carrying nearly 5,500 pounds of supplies and research materials — as well as a birthday treat for French astronaut...

  • Tesla reports fourth-quarter and full-year results, says Model 3 on track

    Tesla reports fourth-quarter and full-year results, says Model 3 on track

    In a closely watched earnings report Wednesday, Tesla Inc. reported fourth-quarter and full-year results and assured investors that it is on schedule to produce its long-awaited mid-market Model 3 electric car.  For the three months ended Dec. 31, the company lost $219.4 million, or 78 cents a...

  • Brad Grey leaves struggling Paramount Pictures as search for new studio chief begins

    Brad Grey leaves struggling Paramount Pictures as search for new studio chief begins

    Paramount Pictures Chairman Brad Grey has finalized his exit from Viacom Inc. after 12 years managing the legendary movie studio that has struggled to produce box-office hits. Grey’s departure, which was telegraphed last week and announced Wednesday, takes effect immediately. It comes as Viacom’s...

  • Stocks mostly slip, but Dow hits a new record high

    Stocks mostly slip, but Dow hits a new record high

    U.S. stocks mostly slipped Wednesday after their recent record-setting run. Energy companies stumbled, but basic materials makers rose as investors hoped two large deals would win approval from regulators. While energy stocks fell with the price of oil, most other sectors didn't make big moves....

  • Aerojet Rocketdyne buys missile-target maker and may provide satellite launches

    Aerojet Rocketdyne buys missile-target maker and may provide satellite launches

    In a deal that could have implications for the satellite launch business, rocket engine manufacturer Aerojet Rocketdyne has acquired leading missile-target developer Coleman Aerospace for $15 million in cash. The deal, which is expected to close Friday, will allow Aerojet Rocketdyne — a unit of...

  • AwesomenessTV CEO and founder Brian Robbins leaves video company

    AwesomenessTV CEO and founder Brian Robbins leaves video company

    Brian Robbins, the co-founder and chief executive of teen-focused online video network AwesomenessTV, is leaving the company after five years, he told staff Wednesday.  Robbins did not cite a reason for his exit, but his departure comes six months after parent company DreamWorks Animation was acquired...

  • Yahoo salvages Verizon deal by giving it a $350-million discount 

    Yahoo salvages Verizon deal by giving it a $350-million discount 

    Yahoo Inc. is taking a $350-million hit on its previously announced $4.8-billion sale to Verizon Communications Inc. in a concession for security lapses that exposed personal information stored in more than 1 billion Yahoo user accounts. The revised agreement announced Tuesday eases investor worries...

  • Universal Studios Hollywood raises gate ticket prices

    Universal Studios Hollywood raises gate ticket prices

    About a week after Disneyland raised its ticket prices, Universal Studios Hollywood hiked attendance prices an extra $5 per visitor. The daily ticket price at the gate rose to $120 from $115, on top of increases adopted last year of up to 20%. Universal Orlando also raised prices over the weekend...

  • Wal-Mart's online sales jump 29% as it works to make inroads against Amazon

    Wal-Mart's online sales jump 29% as it works to make inroads against Amazon

    The nation's largest retailer keeps working to make headway against the largest online seller. Wal-Mart Stores Inc. drew more shoppers to its namesake stores in the United States and its online sales soared 29% in its fiscal fourth quarter, which covers the crucial holiday shopping season. That's...

  • Stocks hit new records as an appetite for deals sends food companies up

    Stocks hit new records as an appetite for deals sends food companies up

    Stocks again broke records Tuesday as investors came back from a long weekend hungry for deals. Although Kraft Heinz and Unilever couldn't agree to a proposed $143-billion mega-merger, food and household goods makers rose as investors bet that other deals are coming. Companies that make packaged...

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