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Business News

Wednesday, Feb 1, 2017 at 01:34 PM PST

Facebook Quarterly Earnings Top Expectations

Facebook Quarterly Earnings Top Expectations

Facebook reported quarterly earnings that beat analysts' estimates on Wednesday, and revenue that topped expectations, as grew ad revenue 53 percent in a quarter. Shares rose 3 percent after hours.Facebook's ad...

Wednesday, Feb 1, 2017 at 03:20 PM PST

Drone Footage Captures Final Touches to Apple Campus 2

Drone Footage Captures Final Touches to Apple Campus 2

Apple is once again making headlines, but not because of a new iPhone or computer.

Wednesday, Feb 1, 2017 at 06:22 AM PST

Women Are, Very Slowly, Getting More Seats in the Boardroom

Women Are, Very Slowly, Getting More Seats in the Boardroom

The number of women sitting at the table in corporate boardrooms across the country is rising very slowly, but it's rising. Just over 15 percent of all director seats at publicly traded U.S. companies were held...

Wednesday, Feb 1, 2017 at 11:16 AM PST

Fed Leaves Key Rate Unchanged at Time of Uncertainty

Fed Leaves Key Rate Unchanged at Time of Uncertainty

The Federal Reserve has left its key interest rate unchanged at a time of solid economic gains but also heightened uncertainty surrounding the new Trump administration. The Fed said in a statement ending its...

Tuesday, Jan 31, 2017 at 07:02 AM PST

Wells Fargo Denies Loans to Protected Immigrants: Suit

Wells Fargo Denies Loans to Protected Immigrants: Suit

A federal lawsuit filed Monday accuses banking giant Wells Fargo of illegally denying student loans to young immigrants who are protected from deportation and allowed to work and study in the U.S. under a...

Monday, Jan 30, 2017 at 09:31 AM PST

Toyota Loses 'World's Biggest Automaker' Title to VW

Toyota Loses 'World's Biggest Automaker' Title to VW

Toyota has relinquished the title of the world's biggest automaker, reporting Monday that it sold 10.175 million vehicles worldwide in 2016, fewer than Volkswagen's 10.31 million. General Motors reports its...

Monday, Jan 30, 2017 at 01:24 PM PST

Starbucks to Hire 10,000 Refugees Over Next 5 Years

Starbucks to Hire 10,000 Refugees Over Next 5 Years

Starbucks says it will hire 10,000 refugees over the next five years, a response to President Donald Trump's indefinite suspension of Syrian refugees and temporary travel bans that apply to six other Muslim-maj...

Sunday, Jan 29, 2017 at 05:20 PM PST

Kochs Condemn Trump's Immigration Crackdown

Kochs Condemn Trump's Immigration Crackdown

Charles Koch first likened candidate Donald Trump's plan to ban Muslim immigrants to something Adolf Hitler would have done in Nazi Germany. The billionaire industrialist and his chief lieutenants offered a...

Saturday, Jan 28, 2017 at 05:41 PM PST

Tech Companies Protest Trump Immigration Order

Tech Companies Protest Trump Immigration Order

Google, Apple and other tech giants expressed dismay over an executive order on immigration from President Donald Trump that bars nationals of seven Muslim-majority countries from entering the U.S. The U.S tech...

Friday, Jan 27, 2017 at 06:13 AM PST

Google's Pixel is Giving iPhone, Galaxy a Run For the Money

Google's Pixel is Giving iPhone, Galaxy a Run For the Money

The Pixel phone, Google's answer to Apple's iPhone and Samsung's Galaxy, is off to a promising start that would have been even better if consumer demand had been managed as smartly as the device's sleek design.

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