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Indexes close slightly lower; oil slides
Energy companies led U.S. stock indexes slightly lower Monday as the price of crude oil fell. Real estate, phone companies and other high-dividend stocks did better than the rest of the market as bond yields headed lower, making those sectors more appealing to investors seeking income. Investors...
By Alex Veiga The Associated Press FULL STORY
Yahoo’s fourth quarter has modest strides amid security breach fallout
The SAN FRANCISCO — Yahoo’s financial performance improved slightly during the fourth quarter while the company dealt with the fallout from massive security breaches that have jeopardized the $4.8 billion sale of its internet operations to Verizon Communications. The fourth-quarter report relea...
By Michael Liedtke The Associated Press FULL STORY
McDonald’s sales dropping in U.S., underscoring comeback challenges
NEW YORK — McDonald’s is trying stage a comeback, and offering Egg McMuffins all day won’t be enough to get more people in its restaurants. The world’s biggest burger chain said U.S. sales dipped 1.3 percent at established locations for the final three months of the year. Customer traffic a...
By Candice Choi The Associated Press FULL STORY
Global stocks slip amid concern over Trump’s policies on trade
BEIJING — Major global stock markets mostly fell on Monday after U.S. President Donald Trump promised “America first” policies, adding to concern about possible trade protectionism. KEEPING SCORE: Germany’s DAX lost 0.4 percent to 11,586 while France’s CAC-40 shed 0.3 percent to 4,834. Lo...
The Associated Press FULL STORY
Regulation on insurers’ home replacement estimates upheld
SAN FRANCISCO — The California Supreme Court on Monday upheld a state regulation that aims to give homeowners a more accurate insurance quote for replacing homes destroyed or damaged in wildfires. The state’s insurance commissioner had the power to issue the 2011 regulation, a unanimous court s...
The Associated Press FULL STORY
IPhone assembler Foxconn may invest $7B in U.S. display plant
Foxconn, a major assembler of iPhones and other electronics, may invest $7 billion in a plant for manufacturing display panels that would create as many as 50,000 jobs in the U.S. Foxconn CEO Terry Gou discussed the potential expansion Sunday during a company meeting in Taiwan, the company’s home...
The Associated Press FULL STORY

Daily Journal Quick Poll
What did you think of Trump's inauguration speech?

As expected
Thought it might be more eloquent
Didn't like it
Didn't watch or listen


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