Weak economy drags AMD's profit down 40%

SUNNYVALE (AP) - Trouble in the global economy dragged Advanced Micro Devices Inc.'s net income down 40 percent in the second quarter, and the world's second-biggest chipmaker warned that revenue will continue to be hurt through the rest of the summer. "Overall weakness in the global economy, softer consumer spending and lower channel demand for our desktop processors in China and Europe ...

EBay more than doubles 2Q earnings, revenues go up

SAN JOSE (AP) - EBay Inc. more than doubled its second-quarter net income thanks to higher revenue from its PayPal online payments business and its e-commerce websites.

Doritos taco eases Yum's China heartburn

Google vows to take aim at Mexico's drug cartels with cutting edge tech

Capital One to pay $210M over marketing tactics

Elderly suffer when decisions about their

Walnut farm protected from development

Business nation briefs

FDA APPROVES HIGHLY ANTICIPATED WEIGHT-LOSS PILL: WASHINGTON (AP) - The Food and Drug Administration on Tuesday approved a new weight loss drug from Vivus Inc. that many doctors consider the most effective therapy in a new generation of anti-obesity pills designed to help patients safely shed pounds.

WSJ: New iPhone to have thinner screen

CUPERTINO (AP) - A published report says the new iPhone will have a thinner screen. That could leave more room for a larger battery. The Wall Street Journal is citing unnamed people familiar with the matter in reporting that the new iPhone will have a screen that can sense touches without the need for a separate, touch-sensitive layer. <p style="line-height: 18pt; background: ...

Mayer's top 3 challenges as Yahoo CEO

Viacom decides not to block 'Daily Show' online

LOS ANGELES (AP) - Viacom has decided to let new episodes of "The Daily Show with Jon Stewart" and "The Colbert Report" be shown on its websites, easing a blockade of online viewings that it imposed last week in a fee dispute with DirecTV. Tuesday's move came a day after both shows resumed new episodes following a two-week hiatus. The blockade had ...

Drought now grips more than half of the nation; crop losses feared

Bay Area briefs

PG&E MEMO SAYS DOWNGRADING LEAKS COULD CUT COSTS: SAN FRANCISCO (AP) - A Pacific Gas & Electric Co. memo from a few years before the deadly San Bruno pipeline explosion suggested that managers might want to consider downgrading leaks found on natural gas lines, instead of fixing them.

Google exec Mayer named Yahoo CEO

SUNNYVALE (AP) - Yahoo is hiring longtime Google executive Marissa Mayer to be its next CEO, the fifth in five years as the company struggles to rebound from financial malaise and internal turmoil. Mayer, who starts at Yahoo Inc. on Tuesday, was one of Google's earliest employees and was most recently responsible for its mapping, local and location services. Mayer, 37, began ...

Consumer bureau to police credit reporting bureaus

Exxon 1Q earnings rise, production slips again

Zynga reports lower 1Q revenue, shares fall more than 10 percent

Google pays CEO a buck, 4 others get $124M

How a phony tweet and computer trades sank stocks by $134 billion

Microsoft to hold Xbox event on May 21 to showcase next console

Fed: Redesigned $100 bill will be ready by October