2016 Summer Olympics: The U.S. dominates Rio Games with 121 medals Aug. 27, 2016, 10:01 a.m. The 2016 Rio Olympics have come to a close with Americans earning 121 medals -- 46 gold, 37 silver and 38 bronze -- their biggest haul ever, not counting the boycotted 1984 Los Angeles Games or the 1904...
Essential Politics: Gov. Brown signs bill to fast-track development, Hillary Clinton's 'alt-right' attack used to target congressman Aug. 27, 2016, 11:09 a.m. Welcome to Essential Politics, our daily feed on California government and politics news. We've got a number of big stories that we're following:...
A Silicon Valley software business is launching self-driving taxis later this month. It has no choice. In the new world order of software there are two choices: Quick or dead. Uber’s deal-making chief executive Travis Kalanick has always been impatient. He began spreading the seedof his ride-hailing startup around the globe long [...]
Federal Reserve Chair Janet Yellen argued for raising U.S. interest rates in recent months because of improvements in the labor market and expectations for moderate economic growth.
The industrial giant is investing big in an effort to adopt the nimble habits and digital wizardry of Silicon Valley. And, its C.E.O. says, there is no Plan B.
One of the largest companies now, Uber, is said to be getting worse at making money and the reports rightly claim so. After merger with China’s Didi Chuxing, the company has started focussing on other Asian markets like India and Singapore. Show More Summary
Donald Trump heads to Iowa for annual 'Roast and Ride' Aug. 27, 2016, 3:10 a.m. Donald Trump travels to Iowa where he'll attend Sen. Joni Ernst's annual "Roast and Ride"Meanwhile, allegations of domestic violence by Trump's senior adviser come to the forefront Hillary Clinton defends plans for...
Today Fed Chair Janet Yellen gave a speech at the “Designing Resilient Monetary Policy Frameworks for the Future,” symposium in Jackson Hole, Wyoming. Her speech was on The Federal Reserve’s Monetary Policy Toolkit: Past, Present, and Future.
SILICON VALLEY — Susa Ventures has gotten larger and more Bay Area-focused with a new $50 million fund announced this month, according to partner Seth Berman. The seed fund's partners originally thought they would split their time between this region, Los Angeles and New York. Show More Summary
Is Mylan CEO Heather Bresch the next Martin Shkreli? Based on public reaction to the bloated costs of her company's EpiPen, the 671% pay raise she's reaped as those costs rose, and the recently publicized fact that her dad is a US Senator, the initial answer may seem to be...
Pershing Square's Bill Ackman said on Friday he was contacted by investment bank Jefferies about buying a sliver of Carl Icahn's billion dollar Herbalife holding, a new twist in Wall Street's most bitter fight.
(Reuters) - Apollo Global Management LLC said on Friday it would buy cloud services provider Rackspace Hosting Inc in a deal valued at $4.3 billion, as the private-equity firm increases its investments in the technology sector. The $32 per-share-offer represents a premium of 6 percent to Rackspace's Thursday closing price. Show More Summary
WhatsApp cofounder Jan Koum, who sold his company to Facebook in 2014, has been unloading Facebook stock at a steady clip under a prescheduled trading plan, with new sales several times a month, since February 2016. So we asked Equilar,...Show More Summary
The San Diego Chargers first round pick in the 2016 NFL Draft and third overall still remains unsigned as of this week. Joey Bosa, the linebacker out of Ohio State and the 2014 Big Ten Defensive Player of the Year has declined yet again, at what Chargers’ management has called their best and most favorable offer.
NEW YORK (Reuters) - A federal judge on Friday granted a request by Uber Technologies Inc and its chief executive Travis Kalanick to put a price-fixing lawsuit against them on hold, while they appeal his denial of their bid to compel arbitration. Show More Summary
The video was created in collaboration with Oculus, National Geographic, and Felix & Paul Studios Although the National Park Service officially turned 100 years old yesterday, centennial celebrations continue throughout the month, with special events happening all across the country. Show More Summary
Bill Ackman is that guy at a basketball game who keeps chanting after everyone else stopped. Ackman is crowing over the fact that his nemesis Carl Icahn almost sold part of Icahn Enterprise's 18% stake in Herbalife to a consortium of...Show More Summary
Small businesses going global isn't the future. It's now, according to a new study that find more than half are already conducting business beyond our borders.
Despite all of the scrutiny and anger directed at Mylan, the maker of EpiPen, the company's CEO Heather Bresch will not say firmly that the price of the drug will be lowered, after increasing around 500% in less than a decade. When asked...Show More Summary
Frank Ocean is having the last laugh as his new album Blonde hits the top of the charts – with the U.K. placing just confirmed and the U.S. thought likely to follow shortly.