Business Top News

Redwood City has so many applications for office complexes that they would...
Data breaches at retailers aren't going away but there are ways consumers can...
They agreed to extend the walkout until at least Friday and asked to meet with...
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Business

LOS ANGELES (AP) — Oculus has unveiled a new prototype of its virtual reality headset. However, the VR company still isn't ready to release a consumer edition. The hew headset features a higher resolution and refresh...
Looks like the pizza industry is going to pot -- literally. L.A.-based Podey Pizza has started selling jars of pot-infused pizza sauce at marijuana dispensaries in Los Angeles, San Francisco, Washington State and...
DETROIT (AP) — Chrysler is recalling almost 189,000 Jeep Grand Cherokees and Dodge Durangos in the U.S. to fix a fuel pump problem that can cause the SUVs to stall. But a safety advocate says the recall doesn't cover...
CORAL GABLES, Fla. (AP) — While other Republicans considering the 2016 presidential race are openly laying the foundations of potential campaigns, former Florida Gov. Jeb Bush is busy tending to a growing personal...

Companies/Leaders

He's a sort of Tim Cook to Jack Ma's Steve Jobs -- the soft-spoken, behind-the-scenes operator who focuses on the company's current needs while Ma, now executive chairman, is the visionary. Still, as a...
Protein has so far scored a big win for the companies , which are looking for new ways to beef up their profits as sales of traditional prepared foods slip and consumers seek healthier and fresher food options. The...
Companies in these sectors are seeing lower profit margins, excess capacity, and eroding pricing power. To make up for that, they're spending too much cash while levering up. China's corporates took on 5.4 times...
Employers can now get a guide on complying with labor laws from the Internet, after the Department of Labor and Employment posted a manual on the subject online....

Earnings

Analysts had expected Oracle (ORCL) to report earnings of 64 cents a share on $8.78 billion in revenue, according to a consensus estimate from Thomson Reuters. Oracle also announced that Larry Ellison would step down as...
TOKYO (Reuters) - Japan's Toshiba Corp said it would cut 900 jobs in a restructuring of its PC business that will include an exit from business-to-consumer operations in some regions. The Japanese electronics...
By Sophie Knight and Reiji Murai TOKYO (Reuters) - Sony Corp cut its earnings outlook for the sixth time on Chief Executive Kazuo Hirai's watch on Tuesday as it announced a massive impairment change on its...
LONDON, Sept 17 (Reuters) - The earnings of British workers picked up in the three months to July but still lagged far behind inflation, even as unemployment fell more than expected, official data showed. The data from...

Economy

Source: Thinkstock Our nation’s tax code is a complicated mess of controversy and loopholes that tend to spill out in political rhetoric each election cycle. Some argue that large corporations need to pay more taxes...
An ambitious plan to create a better-informed marketplace for education doesn’t take into account how public universities are funded....
The independence movement in Scotland was another sign of widespread dissatisfaction with an established order that has failed to deliver....
This week, the Census Bureau came out with its big annual report on income and poverty in the United States , and it reconfirmed that as a country, we peaked in the late 1990s. To be more specific, median household...

Finance

NEW YORK - US stocks were rising in early trading on Friday, setting record highs on the Dow and S&P 500 after Scotland's vote to remain in the United Kingdom removed market uncertainty and Alibaba's strong...
US stocks ended higher on Thursday, pushing both the Dow and S&P 500 to record closing highs, a day after the US Federal Reserve kept intact its pledge to keep interest rates low....
The Bureau of Internal Revenue will have to return more than P4.5 million in tax refund in favor of flag carrier Philippine Airlines, especially now that the Supreme Court has ruled on the matter....
The Bureau of Customs on Thursday filed smuggling charges against a plywood trader and a Customs broker for supposedly importing plywood from China without the necessary permits. ...

Marketplace

Investors are not happy with Oracle right now and it cost its co-founder and CTO Larry Ellison, close to $2 billion on Friday. Ellison is Oracle's largest shareholder with over 1 billion shares, a 25% stake. So he gets...
By Jeffrey Dastin and Sam Adams NEW YORK (Reuters) - If Larry Ellison sailed off on his yacht for good tomorrow, who would really run Oracle Corp ? Reuters asked a cast of Wall Streets analysts, and the verdict is...
The adventures of former Oracle CEO Larry Ellison are well chronicled. His possessions including everything from luxury mega-yachts to fighter jets to his own Hawaiian Island. However, what's even more interesting are...
David Rosenberg, Chief Economist & Strategist at Gluskin Sheff, surprised everyone when he adopted a more bullish view in 2013 . On Friday he released a research note that included a brief and pretty optimistic...

Personal Finance

Owning a car is expensive. In addition to your vehicle payment, you have gasoline to pay for, maintenance, and of course, auto insurance. Car insurance is one of those bills — kind of like an old school long...
The word competition brings a thrill and a smile to the face of some people, while others visibly cringe. Competition can be exciting, and for many people, the thrill of competition keeps them going when they are...
We all want to have a good job with the potential for a lasting career. Besides the importance of making enough money, there’s also emotional relief that comes with feeling like your job is stable. However, even...
Jessica Hromas/Getty Images Right now, 12 million Americans are caught up in a cycle of loans that boast interest rates of 400 percent or more. Borrowers will spend an average of 212 days out of the year repaying these...

Stock Markets

By Akane Otani NEW YORK (Reuters) - The asset with the greatest prowess of late has been the U.S. dollar, and if its rally continues, it threatens to eat into the earnings of multinational companies. The greenback's...
By Hyunjoo Jin SEOUL (Reuters) - Hyundai Motor and two listed affiliates did not seek board clearance for the size of their record $10 billion bid for a plot of land in Seoul, more than triple its appraised value, four...
Investors are not happy with Oracle right now and it cost its co-founder and CTO Larry Ellison, close to $2 billion on Friday. Ellison is Oracle's largest shareholder with over 1 billion shares, a 25% stake. So he gets...
By Jeffrey Dastin and Sam Adams NEW YORK (Reuters) - If Larry Ellison sailed off on his yacht for good tomorrow, who would really run Oracle Corp ? Reuters asked a cast of Wall Streets analysts, and the verdict is...