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 ...
SEATTLE (AP) - For farmers, business owners and government officials up and down the West Coast, Washington's bridge collapse on Interstate 5 represents much more than a close brush with tragedy. As much as $20 billion in freight travels to and from Canada and along the busy north-south corridor each year.
PYONGYANG, North Korea (AP) - North Korea relaxed state control of salaries last month, a government economist said, outlining a change in policy intended to boost production by giving companies latitude to provide workers with financial incentives.