SAN FRANCISCO (AP) - Wells Fargo's profit jumped 13 percent in the first three months of the year, thanks to strong mortgage lending and a drop in delinquent loans, the bank said Friday.
Well, dear readers: do you want the good news ... or the bad news? Let me get the bad news out of the way first. I've been working on a new fact sheet for my readers (that's actually the good news - but more about that in a minute); and as part of my research, I've discovered that I haven't been completely clear in some past columns when explaining the coordination between taking reduced benefits on your own Social Security record and any possible benefits you might be due on your spouse's Social Security record.
NEW YORK (AP) - Earnings reports from two major banks Friday painted a picture of a healing housing market, with more Americans taking out mortgages, paying them on time and taking advantage of low interest rates to refinance.
DETROIT (AP) - Americans are buying record numbers of hybrid and electric cars as gas prices climb and new models arrive in showrooms, giving the vehicles their greatest share yet of the U.S. auto market.
LOS ANGELES (AP) - U.S. retail sales of video game hardware, software and accessories fell 25 percent in March from a year earlier to $1.1 billion. It marked the fourth month of decline as Sony Corp.'s new PS Vita handheld failed to spark a turnaround.
MOUNTAIN VIEW (AP) - Google improved its short-term finances even as it seeks to preserve its long-term interests.
Recovery threatened by runaway student loan debt
SACRAMENTO – Counterfeiters, smugglers and other illegal operators in the Underground Economy are depriving California of an estimated $8 billion in state taxes that could be spent on schools, public safety, hospitals and other essential services.
SANTA CLARA (AP) - Hewlett-Packard Co. is showing signs of recovery as it strengthened its position as the world's largest maker of personal computers and gained back some of the business it had lost while weighing whether to dump its PC division.
WASHINGTON (AP) - The Obama administration's consumer financial watchdog agency is backing off a plan to limit big upfront fees on credit cards, a move that could hit borrowers with poor credit histories especially hard.
NEW YORK (AP) - Google is tweaking its social network, Google Plus, to make it easier to use and to distinguish it from rival Facebook.
ROSEMEAD (AP) - Wal-Mart Stores Inc. previewed its "Disc to Digital" service for converting DVDs into an online library on Wednesday. Based on my experience, I'd give it a six out of 10.
NEW YORK (AP) - Samsung Electronics Co., Apple's biggest competitor in the market for iPad-sized tablet computers, is updating its line to include a feature that lets a tablet act as a universal remote control for an entertainment center.
WASHINGTON (AP) - The government says avid best-seller readers who use electronic books have been getting ripped off. Tina Fey's "Bossy Pants," Tim Tebow's "Through My Eyes" and Keith Richards' "'Life" - maybe they should have cost less.
NEW YORK (AP) - The price of natural gas has dropped below $2 for the first time in more than a decade.
NEW YORK (AP) - Everyone worries about stolen credit cards or hacked bank accounts, but just visiting the doctor may put you at greater risk for identity fraud.
NEW YORK (AP) - A diminished RadioShack will live on, but its future may lie with Sprint.
SAN FRANCISCO (AP) - Yelp Inc. (YELP) on Thursday reported fourth-quarter net income of $32.7 million, after reporting a loss in the same period a year earlier.
SAN FRANCISCO (AP) - Twitter shares flew nearly 10 percent higher aftermarket, as the messaging service shrank losses and nearly doubled quarterly revenue by drawing more users and expanding its advertising offerings.
MOUNTAIN VIEW (AP) - Symantec Corp. (SYMC) on Thursday reported fiscal third-quarter net income of $222 million.
NEW YORK (AP) - Evolving shopping habits have forced yet another retailer to think outside of the box.
LOS ANGELES (AP) - West Coast seaports could shut down in as soon as five days - hobbling U.S. trade with Asia - if dockworkers and their employers cannot reach a new contract, the head of a maritime association warned Wednesday in remarks intended to pressure an agreement after nine months of negotiations.
SEOUL, South Korea (AP) - South Korean electronics giant Samsung Electronics Co. is starting domestic sales of televisions powered by its internally developed operating system.
NEW YORK (AP) - Oil prices plunged on Wednesday, ending a four-day rally, after the U.S. government reported that crude inventories surged last week.
NEW YORK (AP) - Shares of Kohl's rose Wednesday after the department store operator said it was pleased with its fourth quarter sales and said its base business improved.
SAN FRANCISCO (AP) - Technology's big-spending trio of Google, Facebook, and Amazon.com appear to be tightening their belts - at least a notch - in a concession to cost-conscious investors and a strong dollar that's taking a big bite out of their revenue.
CUPERTINO (AP) - Apple is planning another large bond sale at a time when investors are paying near record premiums for high-quality bonds.
NEW YORK (AP) - An estimated 114.4 million people watched New England's thrilling win over Seattle, making it the fifth time in six years that a Super Bowl game has set a record for the most-watched event in U.S. television history.
PALO ALTO (AP) - Hewlett-Packard boss Meg Whitman has graduated from the dollar-a-year club, as the struggling company prepares to split up.