SAN FRANCISCO (AP) - Real estate website operator Trulia Inc. said Wednesday it has priced its planned initial public stock offering at $17 each, above its expected range. The company and its shareholders plan to sell 6 million shares. At $17 apiece, the offering would raise $102 million. Earlier this month, Trulia had estimated its shares would sell ...
CUSTOMS PROBES USE OF HELICOPTER FOR SCHOOL STUNT: McLEAN, Va. (AP) - After a government helicopter was used in an over-the-top invitation to a high school dance, U.S. Customs and Border Protection officials are reviewing the incident and an agency pilot has been reassigned.
TOKYO (AP) - Japanese trading company Itochu Corp. said Tuesday it has agreed to buy Dole Food Co.'s worldwide packaged foods and Asia fresh produce businesses for $1.7 billion. Dole's packaged foods business includes products ranging from canned and frozen fruit to bagged salads - product lines that fit with Itochu's ambitions to become the biggest food distributor in the increasingly affluent ...
CUPERTINO (AP) - Orders for the iPhone 5 topped 2 million in their first 24 hours, more than double the amount of its predecessor over the same period. Since Apple started taking iPhone 5 orders on its website at 3 a.m. EDT on Friday, buyers who have a two-year service agreement with AT&T, Sprint or Verizon Wireless have been able to order ...
SAN FRANCISCO (AP) - Google has snapped up the digital photo editing service Snapseed as part of its effort to compete against Facebook's online social network. Snapseed is the centerpiece of Google's acquisition of Nik Software, which developed the service's photo-editing technology. The deal announced Monday gives Google a popular service that competes against Facebook's Instagram, whose tools ...
AMSTERDAM (AP) - Royal Dutch Shell PLC said Monday it will no longer seek oil off the coast of Alaska this year after suffering several setbacks. The company, which has so far spent around $4.5 billion to obtain licenses and prepare for exploratory drilling in the Chukchi and Beaufort Seas, said it is scaling back ambitions until next summer after one of ...
S&P BOOSTS OUTLOOK FOR US GOV'T'S LONG-TERM DEBT: WASHINGTON (AP) - Standard & Poor's Ratings Services upgraded its outlook Monday for the U.S. government's long-term debt. S&P cited the government's strengthened finances, a recovering U.S. economy and some easing of Washington's political gridlock.
NEW YORK (AP) - Microsoft's upcoming Xbox One gaming console will be able to play used games, clearing up a worry among gamers and video game retailers such as GameStop, which trade in used games. That means video games discs users buy will not be limited to one Xbox One device, and players can share or trade in the games they have bought for other used games, just as they have been able to do ...
SACRAMENTO (AP) - PG&E and its contractors have agreed to pay $50.5 million to settle Department of Justice allegations that the utility was responsible for two wildfires that scorched 18,000 acres of national forest land in Northern California. The U.S. Attorney's office in Sacramento announced the settlement Thursday. DOJ alleged in a lawsuit that a dropped cigarette lit by a work crew hired by a PG&E contractor ignited a 2004 fire that burned 13,000 acres ...
SAN FRANCISCO (AP) - Microsoft will add its popular Outlook email program to more tablets running on a lightweight version of its Windows operating system as part of a free software update this year. The Outlook 2013 app will be given to owners of Microsoft's Surface tablet and similar devices running Windows RT. That's a slimmed down version of Windows 8, a radical overhaul of the ubiquitous operating system used on most personal computers. Microsoft ...