Alibaba's stock is surging as the Chinese e-commerce powerhouse begins its first day trading as a public company.
Yahoo is making amends for years of blundering with one smart move: an early investment in China's Alibaba Group that has turned into a multibillion-dollar boon.
A gauge designed to predict the economy's future health rose in August but at a much slower pace than in July.
Workers at a Lear Corp. plant in northwestern Indiana that makes automotive seats approved an agreement Sunday that will end a two-tiered pay system that left some workers earning much less than others.
General Motors will begin building a new, top-end Cadillac sedan late next year at its Detroit-Hamtramck assembly plant.
The maker of Pabst Blue Ribbon beer is being sold to Russian company Oasis Beverages for an undisclosed sum.
Rio Tinto Minerals hosted a ribbon cutting Thursday to mark the completion of its new $160 million processing plant at its borates mine in Boron, California.
JetBlue Airways Corp. CEO Dave Barger will step down in February and be replaced by the company's president, ending months of speculation about leadership at the airline, which is profitable but has lagged its rivals.
California's largest utility, Pacific Gas & Electric Co. may have violated state rules by negotiating with state regulators earlier this year to have a judge that PG&E preferred appointed to decide one of the utility's rate cases, an administrative judge with the state's public utilities commission said in a notice to PG&E.
Gov. Jerry Brown headed to the cradle of the Hollywood film industry Thursday to sign legislation that more than triples the state's tax credit to $330 million a year for films and TV shows produced in California.
Microsoft has announced it is making another round of layoffs at the company Thursday.
The Bakersfield Blaze's front office confirms city of Salinas is courting the team to leave Kern County for Monterey County.
Wednesday night, agriculture experts help a public meeting at Ridgeview High School to let the community know exactly what they're doing to keep it from spreading.
Average long-term U.S. mortgage rates surged this week, marking their largest one-week gain this year.
The number of people applying for U.S. unemployment benefits dropped by a sharp 36,000 last week to a seasonally adjusted 280,000, a sign that the job market is strengthening.
U.S. home construction plunged in August, led by steep decline in the volatile apartment category. But single-family house construction, a larger and more stable portion of the market, fell only modestly.
Gov. Jerry Brown has signed his groundwater regulation bill, a bill that one local farmer says will not only hurt his business, but also the county’s economy.
Construction is nearly complete on the new Walmart Neighborhood Market on North Chester Avenue.
U.S. consumer prices edged down in August, the first monthly drop since the spring of 2013, as gasoline, airline tickets and clothing prices all fell. It was the latest evidence that inflation remains under control.
U.S. homebuilders' confidence in the market for new, single-family homes surged this month to the highest level in nearly nine years.
Growth in online shopping is boosting profit at FedEx, and the company plans to hire more than 50,000 extra workers to handle what is shaping up as another record year for holiday-season package deliveries.
Pizza Hut is testing out a lighter pizza in two U.S. markets as it seeks to freshen up its menu and regain its footing against competitors.
Sony expects its annual loss to swell to $2 billion and has canceled dividends for the first time in more than half a century after writing down the value of its troubled smartphone business.
Golden Empire Transit District CEO Karen King is getting a pay raise in the wake of a labor strike that halted the city's bus service for more than a month.
With resumes in hand and applications filled out, lines of job hopefuls filed into Rabobank Arena on Tuesday for the Condors annual job fair.
The Santa Ana, California-based company also plans to sell up to 85 of its branch campuses. The company owns Everest College, Heald College and WyoTech schools.
UPS plans to hire up to 95,000 workers to help deliver packages during the busy holiday season — an increase from last year, when the company was caught unprepared for a boom in online shopping.
Early demand is so high for General Motors' new small pickup trucks that the company is hiring more workers to build them even before one is sold to the public.
Anheuser-Busch, one of the NFL's biggest sponsors, says it isn't happy with the recent controversy that has engulfed the league.
The company will donate $500,000 for science, technology, engineering and mathematics education. Students are encouraged to pursue STEM careers.
New York's attorney general has settled a false advertising investigation at Wal-Mart, saying some store personnel were citing a nonexistent "sugar tax" on soda.
A court in Germany has lifted an emergency injunction that banned the ridesharing service Uber from operating anywhere in the country.
The Bakersfield Condors will hold a job fair Tuesday.