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Oil and banks take Dow to new highs
NEW YORK — Technology companies plunged Thursday, and high-dividend stocks also took hefty losses as bond yields rose to their highest level in more than a year. But more big gains for blue-chip banking and oil stocks pulled the Dow Jones industrial average to a record high. Big names like Facebo...
By Marley Jay The Associated Press FULL STORY
Four changes shoppers will see as they buy on their phones
NEW YORK — Shoppers buying on their phones this holiday season will see new ways stores are making it easier and faster as they try to lock in sales before people swipe to the next site. “It’s not just a shopper’s tool,” said Tamara Gaffney, principal analyst and director at Adobe Digita...
By Anne D’Innocenzio The Associated Press FULL STORY
SpaceX shooting for mid-December launch, 1st since blast
CAPE CANAVERAL, Fla. — SpaceX is shooting for a mid-December launch, its first since a dramatic rocket accident on the pad. Iridium Communications Inc. said Thursday that 10 of its satellites will be aboard the SpaceX Falcon rocket tentatively scheduled to take off from Vandenberg Air Force Base...
The Associated Press FULL STORY
Wells Fargo splits chairman, CEO roles after sales scandal
NEW YORK — Wells Fargo is splitting the jobs of chairman and CEO and making other major changes to the composition of its board of directors in an effort to make the bank more accountable following a scandal over sales practices. The bank said Thursday it was amending its corporate bylaws to requ...
The Associated Press FULL STORY
HP Enterprise disputes claims in Rhode Island lawsuit
PROVIDENCE, R.I. — Hewlett Packard Enterprise is defending itself against a lawsuit Rhode Island filed over an unfinished computer system, saying the company has spent nearly $34 million more than the state has paid HP Enterprise to create the system for the state’s Division of Motor Vehicles. ...
The Associated Press FULL STORY

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Trump to nominate retired Gen. James Mattis to lead Pentagon
WASHINGTON — Breaking once more from presidential custom, Donald Trump is turning to a military ma..
US employers add 178K jobs as unemployment sinks to 4.6 pct.
WASHINGTON — U.S. employers added a solid 178,000 jobs in November, reflecting the steady economy ..
California treasurer to study legal marijuana and banking
LOS ANGELES — California Treasurer John Chiang has formed a group to study banking issues he says ..
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