All Latest News Wires
BART strike: One union on board, more to go.San Francisco's transit system may have an agreement with one union, but some 2,400 employees remain on strike after two days with no Bay Area commuter trains.
Why oil prices are at their highest level in 14 monthsThe price of oil neared $102 a barrel for the first time since May last year, as Egypt's political crisis intensified, raising the risk of disruptions to Mideast supplies.
Stocks down on unrest in EgyptStocks fell slightly Tuesday after reports of intensifying political turmoil in Egypt offset good economic news. Car sales, home prices, and manufacturing pushed stocks up for most of the day but major indexes turned lower in the afternoon.聽- Belle Foods bankruptcy: Grocery company struggles to pay debtBelle Foods bankruptcy stems from an inability to pay debts, the Birmingham-based company said Tuesday. Before the Belle Foods bankruptcy, the company announced it would hire 300 part-time workers as a 聽cost-saving measure.
Apple iWatch: Trademark filed. Will product follow?Apple iWatch trademark 鈥� applied for in Japan 鈥� is fueling speculation that the American electronics company will actually make an Apple iWatch. CEO Tim Cook has talked about exploring wearable electronics but registered skepticism about a wristwatch.聽
Stocks advance to begin monthStocks rose Monday聽as investors judged that the economy still isn't growing fast enough for the central bank to cut back on its stimulus program.聽That stimulus has been a major factor supporting a rally in stocks this year and the threat of it being withdrawn made stock markets more volatile last month.
SF BART strike looms as labor talks collapseSan Francisco BART system may be shut down Monday as two unions walk away from talks to renegotiate expiring contracts. If the unions strike the SF BART, it would snarl the Bay Area's morning commute.聽
Stocks fall in end to a rocky monthStocks closed mostly lower Friday, a peaceful end to the most volatile month in nearly two years.聽Mixed economic news Friday added to investor uncertainty after big gains in stocks.
Pentagon slammed for $1 billion deal with banned arms dealerIncluding the new contract, the Pentagon has spent more than $1 billion on helicopters and related maintenance and service with Rosoboronexport, Assad's top arms supplier.聽
Unemployment benefits: a look state by stateUnemployment benefits: Nationwide, fewer Americans applied for unemployment benefits last week than the week before, a sign of a strengthening job market. Here's the state-by-state breakdown.
Stocks rise on good economic newsStocks moved higher on Wall Street Thursday, bolstered by good news on jobs and consumer spending.聽Stocks have rallied since Tuesday as investors took advantage of lower prices after a sell-off that lasted till Monday.
Walmart drops Paula Deen after 'Today Show' appearanceWalmart and Paula Deen are parting ways, with the retail giant announcing that it won't order any more of her products. In addition to losing the Walmart deal, Paula Deen has had her name stripped from buffet restaurants owned by the Caesars casino chain.
Stocks rise for second day straightStocks closed up on Wall Street Wednesday, despite a slowdown in the US economy.聽Stocks have been unpredictable for weeks, ever since Fed Chairman Ben Bernanke started hinting that a pullback in Fed stimulus programs would start soon.
Carnival replaces CEO as cruise bookings fallCarnival Cruise Lines has replaced its CEO, as advance bookings fall behind last year's levels. Despite the drop, Carnival eked out a $41 million profit in its fiscal second quarter.聽
BP oil spill payouts: BP takes legal battles to court of public opinionBP will place a full-page ad in three national newspapers on Wednesday to challenge billions of dollars in settlement payouts to businesses following its 2010 oil spill in the Gulf of Mexico.
Stocks rise on good economic newsStocks closed up on Wall Street Tuesday as investors took good news about the US economy in stride. It comes after investors have sold stocks in recent weeks on fears the Federal Reserve would pull back on its economic stimulus too quickly.聽
Neiman Marcus IPO aims for $100 million; equity owners seek exitMeiman Marcus IPO registration papers were filed yesterday, with the company asking to raise the standard $100 million. Neiman Marcus' private equity owners are eyeing an exit for their long-held investment through the IPO.聽
Stocks fall on China slump, higher bond yieldsStocks dropped Monday on more signs of economic distress from China and a rise in bond yields.聽Stocks got closer to break-even around midday before falling again in the last hour.聽
Gold prices fall as dollar strengthensGold fell 1 percent Monday morning, hurt by a stronger dollar and worries over the US Federal Reserve possibly tapering its stimulus program. The decline follows a 7 percent drop for gold last week.聽
Twinkies to make sweet comeback in 3 weeksTwinkies expected to return to store shelves July 15 after a crippling strike and liquidation of the company last year. The new company making Twinkies and other Hostess products is operating a leaner, nonunion operation.
