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Stocks rise, shaking off tech slump, after Fed stands pat
NEW YORK — U.S. stocks rose Wednesday after the Federal Reserve left its key interest rate unchanged, as investors expected. Energy companies climbed again as the price of oil came close to a six-month high. Technology stocks were battered following weak results from Apple and Twitter. Stocks ope...
By Marley Jay The Associated Press FULL STORY
 
Facebook reports stronger-than-expected 1Q
MENLO PARK — Facebook posted stronger-than-expected results for its first quarter, helped by a growing number of users and higher advertising revenue, especially on mobile devices. The social media giant on Wednesday reported earnings of $1.51 billion, or 52 cents per share, up from $512 million...
By Barbara Ortutay The Associated Press FULL STORY
Yahoo reshuffles board in truce with rebellious shareholder
SAN FRANCISCO — Yahoo has reached a truce with an activist investor threatening to oust CEO Marissa Mayer and the rest of its board, removing a major distraction as the company evaluates bids to buy its Internet operations. The agreement announced Wednesday will give the rebellious shareholder, S...
By Michael Liedtke The Associated Press FULL STORY
 
FBI says it won’t disclose how it accessed locked iPhone
WASHINGTON — The FBI said Wednesday that it will not publicly disclose the method that allowed it to access a locked iPhone used by one of the San Bernardino attackers, saying it lacks enough “technical information” about the software vulnerability that was exploited. The decision resolves on...
The Associated Press FULL STORY
Unfair labor practices complaint filed against Volkswagen
NASHVILLE, Tenn. — The National Labor Relations Board is bringing an unfair labor practices complaint against Volkswagen for the German automaker’s refusal to bargain with the United Auto Workers union at its lone U.S. assembly plant in Tennessee. The UAW was elected to represent workers specia...
The Associated Press FULL STORY
 
McDonald’s testing McNugget recipe without preservatives
NEW YORK — McDonald’s is testing Chicken McNuggets with no artificial preservatives as it works to revive its U.S. business. The world’s biggest hamburger chain says it began testing the new recipe in about 140 stores in Oregon and Washington in March. It’s the latest move by McDonald’s...
The Associated Press FULL STORY
Samsung’s 1Q profit up 14 percent after early phone debut
SEOUL, South Korea — Samsung Electronics says its first-quarter net profit rose 14 percent. The South Korean company on Thursday reported it earned 5.3 trillion won ($4.6 billion) for its January-March quarter, compared with 4.6 trillion won a year earlier. That’s above the average forecast o...
The Associated Press FULL STORY
 
Facebook still isn’t a mall, but its bots aim to change that
NEW YORK — It’s now possible — though neither easy nor particularly convenient — to buy stuff on Facebook via automated messaging “bots.” But it’s far from clear that people really want to go shopping on the social network. Last month, Facebook announced that people can use its Messen...
The Associated Press FULL STORY
 
 
  


 
 
 
Daily Journal Quick Poll
 
The California Republican convention on Burlingame's Bayshore this weekend will feature Donald Trump, John Kasich, Ted Cruz and Carly Fiorina as speakers, what will you be doing?

Celebrating
Protesting
Trying to get in
Reading news reports of it
Staying away from Burlingame's Bayshore

 

 
May the 4th Be With You!
 
 
 
 
Warrants served in probe stemming from San Bernardino attack
LOS ANGELES — The FBI and other law enforcement agencies have served warrants at two Southern Cali..
On surprise Iraq visit, Biden urging end to political crisis
BAGHDAD — Vice President Joe Biden made a surprise visit to Iraq on Thursday to implore the countr..
Airstrikes, shelling kill at least 60 in Syria's Aleppo city
BEIRUT — A wave of airstrikes and shelling killed more than 60 people in less than 24 hours in the..
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