Oilfield services company Schlumberger has announced that it's laying off 11,000 more workers.
As California enters its fourth year of drought and imposes the first mandatory statewide water cutbacks on cities and towns, the $6.5 billion almond crop is helping drive a sharp debate about water use, agricultural interests and how both affect the state's giant economy.
After years of steadily-rising airfare, travelers this summer can expect a tiny bit of relief - $2.01 in savings to be exact.
California's High-Speed Rail Authority says five construction teams have submitted qualifications allowing them to bid on the third segment of the project.
ESPN is expressing concern that new television packages being offered by Verizon do not comply with its existing agreements.
Morgan Stanley reported a 60 percent jump in quarterly profit Monday, as revenue from trading stocks and bonds lifted the investment bank's results.
The Cirque du Soleil has signed a deal to sell a majority stake to U.S. private equity firm TPG for an undisclosed price, the world-renowned circus troupe announced Monday.
This is the last year that the original version of Kraft Mac & Cheese sold in the U.S. will contain artificial preservatives or synthetic colors.
Global finance officials see a number of growing threats on the horizon to the economy's post-recession recovery.
Higher-priced gasoline slightly boosted consumer prices in March, a sign that some of the effects of cheaper oil are fading and that inflation may be edging up to healthier levels.
An index designed to predict the future health of the economy slowly crept upward for the third straight month, a sign that the pace of growth has been weakening since the start of 2015.
GlaxoSmithKline is recalling a popular four-in-one flu vaccine distributed throughout the U.S. because its effectiveness can decline over time.
President Barack Obama pushed back Friday against Democrats who oppose a bipartisan accord on trade, dismissing their stand as a "ratification of the status quo" that would give countries like China a leg up on global commerce.
Citigroup kept a lid on costs and that helped boost its bottom line last quarter. The big bank continues to slim down following the financial crisis.
In a quest to be more green, Apple says it is investing in Chinese solar power and preserving forests that make environmentally friendly paper.
The consulting and accounting firm EY is aggressively recruiting on college campuses this spring.
Federal regulators Thursday proposed limits on how employers use financial penalties and rewards to nudge staff to participate in fast-growing workplace wellness programs.
Goldman Sachs posted a big jump in first-quarter net income Thursday as its investment banking unit logged its best quarter since the financial crisis. Higher fees from trading bonds and currencies also helped.
The Fight for $15 campaign that began with fast-food workers expanded in size and scope Wednesday to include a range of workers who say their meager pay is a form of economic injustice.
The U.S. economy was growing at a moderate pace from mid-February through the end of March although the harsh winter, the rising value of the dollar and a big plunge in oil prices were having adverse effects on some industries, the Federal Reserve said Wednesday.
U.S. industrial production registered the biggest drop in almost six years last month, another sign that the economy got off to a stumbling start in 2015.
The higher price of organic foods and other products doesn't seem to be deterring consumers: Sales jumped 11 percent last year, an industry report says.
It's a dream for many small business owners: A-list celebrity clients.
Two Vons grocery stores in Bakersfield will close by May 16, a company spokesman said Tuesday.
The Las Vegas Convention and Visitors Authority says it has a pretty good idea who visited the destination last year: 45-year-old married people making $40,000 or more with one-third of them coming from neighboring California.
Americans increased their spending on autos, furniture, clothing and building materials in March, lifting retail sales for the first time in four months.
Strong results from JPMorgan Chase & Co.'s currency, commodities and fixed-income trading business lifted the bank's first-quarter profit 12 percent.
J.C. Penney expects comparable-stores sales to top most expectations in the first quarter but industry watchers believe it will be at a cost and shares slid in Tuesday trading.
Johnson & Johnson's first-quarter profit uncharacteristically fell 8.6 percent, hurt by sharply unfavorable exchange rates, a major divestiture and competition to its new hepatitis C drug.
U.S. businesses increased their stockpiles by a moderate amount in February although total business sales were weak for a seventh straight month.
The aim is to bring "employment opportunities to every region of Kern County," according to DHS.
Think flying is getting worse? A pair of university researchers who track the airline business say it's a fact. More flights are late, more bags are getting lost, and customers are lodging more complaints about U.S. airlines, government data shows.
Vacationers once relied on big-name hotel brands to signal the kind of experience they could expect. People knew what Holiday Inn, Hilton, Hyatt or Marriott meant. Familiarity bred a sense of comfort. No longer.