SAN FRANCISCO (AP) - Oracle is facing a potential shareholder revolt against a compensation formula that has consistently made its billionaire co-founder, Larry Ellison, one of the best-paid CEOs in the world.
SEATTLE (AP) - Flames that engulfed the front end of a Tesla electric car near Seattle also burned in the vehicle's battery pack, making it difficult for firefighters to extinguish the blaze, according to documents obtained by The Associated Press.
SAN FRANCISCO (AP) - Activist investor Carl Icahn is pressuring Apple to spend $150 billion buying back its own stock, a target that would more than double the amount that the company's board authorized in a previous attempt to placate frustrated shareholders.
Q: I have a neighbor who is in his early 50s. He is a pilot for a major airline and makes pretty good money. He and his wife have several children, one of whom has a rather severe case of Down syndrome. I have heard that this 21-year-old son is collecting about $2,000 per month in welfare benefits from Social Security. Don't get me wrong. I would never want to trade places with these people. But I am just wondering how rich people qualify for welfare benefits? And I'm also wondering why this kid is getting Social ...
WASHINGTON (AP) - With the blessing of an influential advisory panel, federal regulators are closer to letting airline passengers use their smartphones, tablets, e-readers and other electronic gadgets during takeoffs and landings.
PLANO, Texas (AP) - J.C. Penney Co. plans to sell up to 96.6 million shares of common stock in a public offering, evidence the chain is looking to shore up its cash reserves ahead of what is expected to be a fiercely competitive holiday shopping season.
• ALIBABA OPENS DATA CENTER IN SILICON VALLEY: SAN JOSE (AP) - The cloud-computing unit of Chinese e-commerce powerhouse Alibaba is making its first foray into the U.S. by opening a data center in Silicon Valley.