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Stocks slip after Fed statement; Dollar gains
NEW YORK — An optimistic statement from the Federal Reserve sent the dollar up and gold prices down Wednesday as traders prepared for rising interest rates. Major U.S. stock indexes ended with a slight loss after the Fed confirmed that it was shutting down a bond-buying program because the econo...
By Matthew Craft The Associated Press FULL STORY
Fed ends bond buying and cites brighter job market
WASHINGTON — The Federal Reserve cited an improving economy Wednesday as it ended its landmark bond-buying program and pointed to gains in the job market — a key condition for an eventual interest rate hike. The Fed did reiterate its plan to maintain its benchmark short-term rate near zero “f...
By Martin Crutsinger The Associated Press FULL STORY
Shutterfly beats 3Q profit forecasts
The Redwood City-based company said it had a loss of $1.20 per share. Losses, adjusted for one-time gains and costs, were $1.12 per share. The results topped Wall Street expectations. The average estimate of analysts surveyed by Zacks Investment Research was for a loss of $1.16 per share. The onli...
The Associated Press FULL STORY
Visa posts lower 4Q profit; beats Street views
LOS ANGELES — Visa Inc.’s profit fell about 10 percent in its fiscal fourth quarter, weighed down by one-time litigation expenses. But the latest results beat Wall Street expectations and the Foster City company also announced a $5 billion share buyback program, sending its stock up 4 percent i...
The Associated Press FULL STORY
Oracle tells lawmakers lawsuit is a waste of money
SALEM, Ore. — Oracle Corp. is appealing to Oregon legislative leaders in the legal fight over the failed Cover Oregon health insurance website. In a letter sent last week to Senate President Peter Courtney and House Speaker Tina Kotek, Oracle CEO Safra Catz hints that the Legislature should pull...
The Associated Press FULL STORY
Apple Pay rival defends service, exclusivity
NEW YORK — A mobile payment service backed by Wal-Mart, Best Buy and other leading retailers is defending its practice of prohibiting its members from accepting alternatives such as Apple Pay. In a conference call with reporters, Merchant Customer Exchange shopped short of giving a reason for req...
The Associated Press FULL STORY
WhatsApp founders own nearly $9B in Facebook stock
SAN FRANCISCO — WhatsApp founders Jan Koum and Brian Acton received 116 million shares of Facebook stock currently worth nearly $9 billion when they sold their mobile messaging service to the social networking leader earlier this month. The breakdown of the big winners in Facebook Inc.’s $22 bi...
The Associated Press FULL STORY
Small business divided over minimum wage votes
NEW YORK — Workers in five states could get a raise after Election Day. Some small business owners say raising the minimum wage will pressure their companies, forcing them to cut employees’ hours or jobs. Others say it’s the right thing to do for workers and the economy. Minimum wage refere...
The Associated Press FULL STORY
Startup tries to ‘Poynt’ stores in new direction
SAN FRANCISCO — A Silicon Valley startup is hoping an upcoming transition to smarter credit and debit cards will persuade millions of U.S. merchants to buy savvier payment terminals for their stores, too. That’s the point of Poynt, a versatile terminal built to take advantage of rules requiring...
The Associated Press FULL STORY

Daily Journal Quick Poll
Now that the Giants have won three World Series titles in five years, would you say they are a dynasty?

Absolutely, yes
I would think so
Maybe one more would make them a dynasty
I don't like the word dynasty
Madison Bumgarner is a dynasty!


Multiple officers injured during World Series victory celebrations
Multiple San Francisco police officers were injured while attempting to disperse crowds and extingui..
Protesters storm Burkina Faso parliament, set fire
OUAGADOUGOU, Burkina Faso — Protesters stormed Burkina Faso's parliament Thursday, dragging furnit..
Maine nurse defies Ebola quarantine with bike ride
FORT KENT, Maine — A nurse who vowed to defy Maine's voluntary quarantine for health care workers ..
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