LOS ANGELES (AP) - Employment will pick up slowly this year and next in California with economists expecting the state's unemployment rate to drop to 8.5 percent in 2014. But UCLA Anderson Forecast economists say job growth could be threatened if there's any slowing of China's economy and a worsening of the financial crisis in Europe. The Anderson ...
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 ...