SAN FRANCSICO (AP) - Wells Fargo, the country's biggest mortgage lender, reported record earnings for the fourth quarter on Friday, beating analysts' expectations for both profit and revenue. The bank made more loans, gained deposits and enjoyed above-average returns from the investments made by its private equity business.
Chevron expects 4Q profit to beat 3Q SAN RAMON (AP) - Chevron Corp. expects fourth-quarter earnings to be "notably higher" than third-quarter profit. The company said Thursday that its fourth-quarter results will be helped by bigger gains on asset sales and more oil and gas production. Chevron is the nation's second-biggest oil company, and it earned $5.25 billion, or ...
CUPERTINO (AP) - Apple is trying to decide whether it makes sense to offer a cheaper iPhone as it tries to boost sales in less-affluent countries and reclaim some of the market share lost to cheaper phones running Google's Android software, according to a published report.
WASHINGTON (AP) - Jack Lew's nomination for treasury secretary means a new signature could soon be coming to the dollar bill. Not that you'll be able to read it. Lew's signature starts off promising enough, with a soft "J." But what follows are seven loopy scribbles, rendering his signature illegible. The treasury secretary's signature ...
NEW YORK (AP) - Technology experts say healing what ails the Healthcare.gov website will be a tougher task than the Obama administration acknowledges.
Jury orders Samsung to pay Apple $290 million
NEW YORK (AP) - Count Cynthia Gibson among gift recipients not interested in being surprised.
FREMONT (AP) - A U.S. safety agency is tightening the guidelines that control how automakers use government crash tests in advertising. The change by the National Highway Traffic Safety Administration was prompted by Tesla Motors Inc., the Palo Alto, Calif., electric car company. Tesla has promoted its electric Model S as the safest car in America, saying it earned a 5.4-star rating from the government. The new guidelines stress that NHTSA doesn't give crash-test ratings ...
WASHINGTON (AP) - New tour buses and buses that provide service between cities must be equipped with seat belts starting in late 2016 under a federal rule issued Wednesday, a safety measure sought by accident investigators for nearly a half century.
LOS ANGELES (AP) - Microsoft chairman Bill Gates choked up while reading from prepared remarks during Steve Ballmer's final shareholders meeting as chief executive.
$2.5B to settle hip replacement suits
NEW YORK (AP) - In these hyper-connected, over-shared times dwell two kinds of people: those preoccupied with taking and uploading photos of themselves and those who have never heard of the selfie.
NEW YORK (AP) - Best Buy says it Is committed to "winning" the holiday season with price matching, doorbusters and deals as well as its earliest ever opening hours on Thanksgiving - even if that means profit pressure for the electronics retailer in the fourth quarter.
FREMONT (AP) - The U.S. government's auto safety watchdog is investigating whether Tesla's Model S electric car is vulnerable to fires because roadway debris can pierce the car's underbody and battery.