Americans finally spending more at restaurants on food and beverages, splurging more.
GM paid special attention to smoothness, quietness in redesign of full-size 2014 pickups.
Investors are rotating from defensive sectors into aggressive, cyclical industries.
Getting a college education is turning into a financial sinkhole for some borrowers.
Big U.S. companies plan to buy $286B of their own stock this year, up 88% a year ago.
Cosmetic procedures are becoming more popular and costs can vary widely.
Consumers say they are attracted to "fair trade" labels, but price tag can matter more.
GM, Apple, Nike, Starbucks, Microsoft, KFC, Gillette, Coca-Cola and Intel are on the list.
Sen. Ron Wyden says U.S. should join Europe's probe of possible oil price manipulation.
Acquisition or strategic alliance would be Yahoo's latest bid to reach younger, more mobile audience
Sony Pictures is under pressure this summer, and not just to produce hit movies. Daniel S. Loeb, an activist investor, wants Sony to spin off part of its entertainment unit.
Economists have studied the stock market extensively, but that does not necessarily make them good stock pickers.
A reader responds to “The Long Shadow of Bad Credit” (May 12).
A reader responds to “Directors Disappoint by What They Don’t Do” (Fair Game, May 12).
A reader responds to “Friend of the Corporation” (May 5).
The chief executive of OrphanAid Africa, a nonprofit that helps children separated from their families, started her professional life at Vogue magazine.
Many baby boomers have had their confidence rocked by the volatility of the stock market.Call it retirement anxiety, or maybe recession obsession.
The L.A.-area association's four founding eateries banded together to help one another navigate the restaurant industry. They also promote regional Mexican food, including creative twists on it.When Jaime Martin del Campo and Ramiro Arvizu opened their Bell restaurant 15 years ago, some customers wondered if they knew how to cook.
An eight-speed transmission and a V-6 engine provide the Ram 1500 with fuel economy as well as enough power for everyday chores.It looks like a truck, drives like a truck and hauls like a truck. So the 2013 Ram 1500 is, you guessed it, very much a truck.
Owner of the landmark Santa Monica hospital has started negotiations with the Catholic chain after weighing multiple offers, including those by UCLA and local billionaire Patrick Soon-Shiong. After months of controversy, the owner of St. John's Health Center said it plans to sell the landmark Santa Monica hospital to Catholic chain Providence Health & Services.
Actor Nick Nolte's Malibu compound is for sale. Previous owners include comedian Tommy Chong, Don Felder of the Eagles and music producer David Foster.Actor Nick Nolte has put a Malibu compound up for sale that has seen a galaxy of stars come through its arched entryway.
"We get to engage in automotive fantasy in little 3-inch works of art," said Felix Holst, the chief designer behind the Hot Wheels and Matchbox toy car brands.The gig: Felix Holst is vice president of design for the Mattel Wheels Division and the chief designer behind the Hot Wheels and Matchbox toy car brands. He supervises more than 50 designers who work on toy cars and related products.
Every year, it seems, Federal Reserve Chairman Ben Bernanke gives a commencement speech, and every year, the occasion provides him with a rare opportunity to venture far beyond his usual monetary policy-speak. This year, he mentions robots and lasers! Read full article >>
This might be the least surprising finding of the week: Since 1991, roughly 97 percent of all published scientific papers that take a position on the question agree that humans are warming the planet. That stat comes from this extensive new survey led by John Cook and Dana Nuccitelli, who run the Skeptical Science website. And it builds on earlier studies finding the exact same thing. Read full article >>
Sheila Bair, the hard-charging former director of the Federal Deposit Insurance Corporation, stands at the center of three of the biggest debates in Dodd-Frank implementation. As someone who knows the FDIC — which is actually the agency that takes down failing banks — she's in an unusually good position to know whether the law's resolution authority will work. These are the new powers the FDIC has in Dodd-Frank to impose losses and fail a financial firm (it's what Barney Frank called "death panels" for financial megabanks). Bair has also been a vocal advocate for higher leverage requirements, which has animated the debate over the recent Brown-Vitter bill. And she was recently critical of the efforts by the House Financial Services Committee to repeal parts of Dodd-Frank that push…
For the most part, the description of President Obama's budget found in the Congressional Budget Office's analysis of it jibes with the description included in the initial budget release. But the CBO analysis does highlight some interesting features of the proposal. Here are a few. Read full article >>
After a market debut marred by technical glitches and a deep dive in the company’s stock price, Facebook has spent the past year focused on its biggest weaknesses: how to make money and keep its more than 1 billion users tethered to the social network. Read full article >>
The Energy Department gave a terminal near Freeport, Tex., permission Friday to ship liquefied natural gas to Japan, providing a new outlet for rising U.S. production of shale gas despite qualms of environmentalists and many domestic manufacturers. Read full article >>
Global consulting firm Accenture has agreed to buy digital marketing company Acquity Group for $316 million, the companies announced Friday.
CHICAGO — The Angus burger is going away, and it may not be the only McDonald's dish on the chopping block.
Stocks continued their climb into uncharted territory on Friday, racking up the fourth week of gains in a row as encouraging economic data prompted investors to pick up shares of growth companies.
Mark Walter said he learned to test arguments as a Northwestern University law school graduate in 1985.
The Council of Institutional Investors, which represents managers of pensions, endowments, and foundations with more than $3 trillion of assets total, has asked the Securities and Exchange Commission to review rules for shareholder voting.
Chicago-area U.S. Cellular customers that sign up with Sprint and purchase new smartphones will receive at least $150 in credits, an offer that Sprint officials hope will ease the pain of switching carriers as U.S. Cellular exits the local market.
Vine.com says its team examines and scrutinizes the claims made by each supplier and manufacturer so that, when adding a product to their basket, consumers can enjoy peace of mind that a purchase really is organic.
Are airline-rewards credit cards really worth having? And which ones are best for frequent fliers?
A hacker group calling itself as the Izz ad-Din al-Qassam Cyber Fighters claimed responsibility for cyberattacks that temporarily kept customers from accessing their information on several large U.S. banking websites.
The Bryant Park lawn looked more like the Sheep Meadow Thursday as a flock of wooly livestock took over the famous green space for the day.
Marketing people have coined the term "bling fatigue" to describe what's happening. Billboards promoting luxury products are out, but internet sales of the same products are thriving, proving that discretion is key.
The design came from the idea that a 20-minute power nap helps to improve productivity by 30 percent. The pillow made out of synthetic material surrounds the head, allowing the user to breathe through a mouth hole.
Stock market activity this weekASSOCIATED PRESSCopyright 2013 ASSOCIATED PRESS. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. Published 10:52 pm, Friday, May 17, 2013 Increased dividendsEl Paso Electric .265 from .25First Midwest Bncp .04 from .01Penske Automotive .15 from .14Preferred Apt Cmtys .15 from .145Spartan Stores .09 from .08Declared stock splitsStock splits this weekOxygen Biotherapeutics 1-for-20 revGAAP fully diluted from 10KAnnual earnings lower (losses)Arbor Realty Trust 7.75pc pfBTallgrass Energy Partners LP (IPO)NASDAQ Global and Global Select MarketsAmbit Biosciences Corp (IPO)General Finance Corp pfCUBIC Inc ADS (IPO)Stocks removed from tra…
House gives preliminary approval to beer billsHouston ChronicleCopyright 2013 Houston Chronicle. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. Published 10:45 pm, Friday, May 17, 2013 Rick Donley, president of the Beer Alliance of Texas, one of two major wholesaler groups in the state, has said representatives of the governor's office have attended key meetings during the year-long process of crafting and making compromises on the bills.Metzger, whose business would benefit from the changes affecting brewpubs, conducted an analysis for the Craft Brewers Guild estimating that Texas could add 52,000 jobs and build a $5.6 billion brewing industry by 2020 if laws were amended.A binding agreement signe…
Fracturing rule upsets 2 sidesHouston ChronicleCopyright 2013 Houston Chronicle. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. Updated 9:32 pm, Thursday, May 16, 2013 WASHINGTON - The Obama administration on Thursday unveiled its latest plan to tighten standards for drilling on public lands and force companies to reveal the chemicals they use in the process, after making significant concessions to the oil industry.Interior Secretary Sally Jewell cast the proposed rule as a pragmatic approach to protecting the environment and public health while allowing energy development on federal lands.Combined with horizontal drilling, the hydraulic fracturing technology involves pumping sand, water and chemicals…
Wal-Mart's 1Q profit, sales disappointAssociated PressCopyright 2013 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. Updated 7:34 am, Thursday, May 16, 2013 NEW YORK (AP) — Wal-Mart Stores Inc.'s first quarter profit rose 1.1 percent as the world's largest retailer struggled with a sales slump in its namesake business. The company, based in Bentonville, Ark., blamed a payroll tax increase, delayed tax refunds and bad weather for the profit and sales results that missed Wall Street expectations.
Turning off iPhone critical to pilots citing interferenceBloombergCopyright 2013 Bloomberg. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. Published 7:54 am, Wednesday, May 15, 2013 The regional airliner was climbing past 9,000 feet when its compasses went haywire, leading pilots several miles off course until a flight attendant persuaded a passenger in row 9 to switch off an Apple Inc. (AAPL) iPhone."The timing of the cellphone being turned off coincided with the moment where our heading problem was solved," the unidentified co-pilot told NASA's Aviation Safety Reporting System about the 2011 incident. The plane landed safely.
Bill would let natural gas-based ethanol qualify as renewableHouston ChronicleCopyright 2013 Houston Chronicle. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. Published 9:39 pm, Tuesday, May 14, 2013 The Sugar Land Republican is sponsoring legislation that would allow ethanol produced from natural gas to compete with corn-based ethanol under the federal renewable fuels standard, an 8-year-old mandate that requires refiners to blend increasing amounts of alternatives into petroleum-based fuels.Technically, the measure would create a new "domestic alternative fuel" category in the renewable fuel standard, under which the natural gas-based product would qualify.Olson said the renewable fuel standard's…
Wall Street trader John Cholish is in Brazil this week on vacation — but don’t look for him in a nightclub or soaking up the sun at Ipanema Beach.No, the 29-year-old Ivy League grad flew 5,000 miles to get into a fight — the Ultimate Fighting Championship, that is...
State unemployment rate drops to 9 percentAssociated PressCopyright 2013 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. Updated 11:19 am, Friday, May 17, 2013 The state's Employment Development Department reported Friday that California's jobless rate is at its lowest point since November 2008, nearly a year after the recession began.The construction industry posted the largest gains last month, while professional and business services and government reported job losses.
EDD cuts back phone help to the joblessThe California Employment Development Department said Thursday that it will no longer staff its unemployment insurance call centers in the afternoons beginning Monday as a result of federal funding shortfalls.Starting May 20, EDD personnel will take calls from unemployed workers from 8 a.m. to 12 noon, Monday through Friday, except state holidays.The current telephone service hours are 8 a.m. to 5 p.m. By directing all available staff to answer phone lines in the morning when the daily demand for telephone service is at its highest, the limited staff will be able to focus on other needs in the afternoon, like processing applications for benefits, answering online questions from claimants, and determining eligibility issues to help get benefits…
Bay Area median home price hits $510,000San Francisco ChronicleCopyright 2013 San Francisco Chronicle. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. Published 5:22 pm, Wednesday, May 15, 2013 Bay Area median home price hits $510,000Eager Bay Area buyers propelled the region's median home price above a half-million dollars in April - its highest point in almost five years - reflecting a market continuing to rebound, according to a real estate report released Wednesday.During the real estate downturn, bargain-basement foreclosures and short sales helped drag the median down to a low of $375,000 in March 2009.
Best Bluetooth accessoriesSan Francisco ChronicleCopyright 2013 San Francisco Chronicle. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. Published 8:13 pm, Sunday, May 12, 2013 While in design they may resemble a pair of jumbo hearing aids, the Denon AH-W150 Exercise Freaks are among the better wireless sports headphones available.Lighter and less bulky than other boom-style headsets, the Voyager Legend has superb audio quality and a well-crafted, comfortable design.The Plantronics Voyager Legend big boom microphone isn't for the fashion-conscious, but its superb call audio quality and comfortable fit make it an excellent buy.The SRS-BTX500 is a sleekly designed Bluetooth wireless speaker that offe…
Fast Android gaming tablets: Cnet reviewsSan Francisco ChronicleCopyright 2013 San Francisco Chronicle. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. Published 6:19 pm, Sunday, May 5, 2013 The boxy build gives it an antiquated feel; it ships with an older OS; and its Tapestries feature can be buggy.Unfortunately Wi-Fi currently shuts off whenever the tablet sleeps, waking the tablet from sleep takes way too long, and its screen flickers intermittently.The high-resolution screen rivals the new iPad's display in sharpness and clarity.[...] apps launch quickly, GPS works well, and its rear camera is the best we've seen on any Android tablet.[...] not enough Android apps take advantage of its highe…
Bentley urges industry revival to boost commercial shipbuilding, create jobsAlthough it leads the East Coast in several categories of shipping activity, the port of Baltimore often seems to be hiding in plain sight.
Obama tours manufacturer, school, workforce development programAs he traveled through Baltimore to promote his jobs agenda on Friday, President Barack Obama found himself sitting near a 29-year-old man who was uncertain how to reset his life after being released from prison two years ago.
The Sun also won for its efforts to access public recordsThe Baltimore Sun was named Newspaper of the Year on Friday in the Maryland-Delaware-D.C. Press Association awards contest and also took home the association's annual honor for "extraordinary efforts" to gain access to public records.
Utility says request, including monthly surcharge, is needed for infrastructure workBaltimore Gas and Electric Co. asked Friday for another rate increase, three months after winning approval for higher charges, and company officials said they expect to seek more in the future.
Loss reverses four-month trend of gains in the stateMaryland employers slashed 6,200 jobs in April, cutting short a string of gains, the U.S. Department of Labor said Friday, as the state began feeling the pinch of federal budget sequestration and cutbacks in consumer spending.
NEW YORK (Reuters) - Stocks continued their climb into uncharted territory on Friday, racking up the fourth week of gains in a row as encouraging economic data prompted investors to pick up shares of growth companies.
For sale: a $12.6 million Bombardier Challenger jet presumably grounded at the Opa-locka Airport.
Microsoft opens its first full-line store in South Florida, at Dadeland Mall, on Saturday.
Federal Reserve Chairman Ben Bernanke says pessimists forecasting that the economy will not reap sizable benefits from the computer revolution are likely to be proven wrong.
Federal Reserve Chairman Ben Bernanke says pessimists forecasting that the economy will not reap sizable benefits from the computer revolution are likely to be proven wrong.
An anonymous donor has given $12 million in cash and more than $3 million worth of art to the future Pérez Art Museum Miami.
The jackpot for Saturday's Powerball drawing is a record-high $600 million, officials said, besting the previous record set last year – and it could get even higher.
Florida's unemployment rate continues to fall, dipping from 7.5 percent in March to 7.2 percent in April — the lowest level in five years.
Orlando's plan to extend last call at downtown bars to 3 a.m. isn't the first time the idea has been raised.
Jon Busdeker has big plans if he wins the $550MDon't bother buying a Powerball ticket for Saturday night's drawing where the estimated jackpot is $550 million.
TALLAHASSEE — A plan by Internet retailing giant Amazon.com to build at least one warehouse in Florida has been scrapped, with the company unable to reach an agreement on when it would have to start collecting state sales taxes, an official in Gov. Rick Scott's office said Thursday.
Sumter County detectives need help in identifying the murder victim whose body was found near the highway exit where Interstate 75 and Florida's Turnpike intersect.
Outfit specializes in the design, construction and refit of luxury motor yachts 78 feet to 295 feet in lengthItalian yacht builder International Shipyards Ancona, or ISA as it's more commonly known, recently opened an office in Fort Lauderdale to serve as its North American operations.
A group of South Florida attorneys has negotiated a projected settlement of more than $19 million to resolve a class-action case brought on behalf of thousands of homeowners across the state who, through their Wells Fargo Bank mortgages, were subjected to so-called force- or lender-placed insurance.
Two women who are business owners in Boca Raton have never met, but would likely have a lot to talk about over lunch.
A surging stock market and rebounding housing prices are translating into a robust job market in South Florida.
Tribe says strip mall casinos compromise their exclusivity.Lawyers trying to revive senior arcades have run into a new opponent: The Seminole Tribe of Florida.
The Nuclear Regulatory Commission said Thursday it is increasing oversight of the Turkey Point Unit 3 nuclear power plant after three "unplanned shutdowns."
California's employment picture improved significantly in April, but the Sacramento area did even better.The Sacramento areas unemployment rate plunged to 8.3 percent in April from a revised 9.2 percent in March, a decline that surpassed encouraging statewide numbers, according to state figures released today.
Stuck renting for a few years, Tampa Bay area residents who had a foreclosure during the housing crash are buying homes again
Get Business Mobile Text Alerts Are large numbers of homeowners who have negotiated short sales with lenders at risk because of a startling omission in the American credit system? Do their credit reports and scores indicate that they were foreclosed upon, rather than having negotiated a mutually agreeable resolution with their lender?
Unemployment Rate Unchanged At 8% Get Business Mobile Text AlertsConnecticut's employers hired briskly in April, as both private companies and government employers added positions, for a combined total of 6,300 new jobs.
Get Business Mobile Text AlertsThe JC Penney store at Westfarms Mall was closed all day Thursday and had to scramble to reopen Friday, as workers cleaned up damage from a broken water pipe.
More people will likely fly this summer compared with a year ago as U.S. airlines gain a record level of international passengers, an industry association said on Thursday.
Get Business Mobile Text AlertsA $2 million grant will help two community-based organizations in Connecticut expand their services to homeowners facing foreclosure.
Get Business Mobile Text AlertsFor the third time this year, a billboard just outside of Hartford will tell you exactly what's playing on WCCC Rock 106.9 FM.