RENO, Nev. (AP) - The Reno City Council on Wednesday unanimously approved tax breaks to coax Apple Inc. to open two facilities in northern Nevada as part of a $1 billion investment over 10 years. The City Council agreed to the city's portion of a deal that includes $89 million in county, city and state tax abatements. Analysts say that's a 79 ...
ALISO VIEJO (AP) - Quest Software Inc. said Monday that it received a higher buyout offer worth about $2.32 billion from an unnamed buyer, ramping up the battle for the technology services provider. The most recent offer of $27.50 per share follows a string of increasing bids that began after the company announced in March that it was being bought by investment ...
NEW YORK (AP) - Verizon Wireless on Monday said that it has agreed to sell some wireless spectrum rights to T-Mobile USA and swap others, in a continuing quest to get regulators to approve a bigger spectrum deal it has worked out with a consortium of cable companies and another wireless carrier.
HONOLULU (AP) - The 3,200 people living on a rural Hawaiian island that will soon be purchased by billionaire Oracle Corp. CEO Larry Ellison have a laundry list of what they'd like to see him provide.
WASHINGTON (AP) - Congressional bargainers appeared to be closing in on a compromise that would head off a July 1 doubling of interest rates on federal loans to 7.4 million college students and end an election-year battle between President Barack Obama and Congress.
NEW YORK (AP) - E-book readers have been relatively slow to borrow digital works from the library, frustrated by a limited selection and by not even knowing whether their local branch offers e-releases, according to a new study.
NEW YORK (AP) - Cargill Inc. says it will start labeling beef products that contain "finely textured beef," following last year's public outcry over the use of "pink slime." The Minneapolis-based meat company says the new packages will appear before next year's grilling season and is in response to consumer demand. It says packages will note when a product "Contains Finely Textured Beef." Finely textured beef is made by separating the bits of meat that ...
SAN FRANCISCO (AP) - It can help overthrow dictators. But can it make money?
FREMONT (AP) - Tesla Motors' high-flying stock tumbled 12 percent in after-hours trading Tuesday after the electric car maker's third-quarter results fell short of expectations.
NEW YORK (AP) - SAC Capital Advisors will plead guilty to criminal fraud charges, stop investing money for others and pay $1.8 billion - the largest financial penalty in history for insider trading - to resolve criminal and civil claims against the hedge fund giant, the government announced Monday.