Safeway says it has agreed to be acquired by an investment group led by Cerebus Capital Management, the owner of Albertsons and several other supermarket chains.
A California Yellow Pages company filed a lawsuit against AT&T and its corporate partners Wednesday in a dispute over phone book advertising.
The Department of Water Resources never looked at the ecological effects of running the Kern Water Bank when the state transferred the bank to private hands in 1997, Judge Timothy Frawley ruled.
The departure of Target's chief information officer in the wake of the company's massive pre-Christmas data breach highlights the increased pressure facing executives who are charged with protecting corporate computer systems from hackers.
U.S. productivity grew at an even slower annual rate than previously thought in the final three months of last year.
Orders to U.S. factories fell in January for a second straight month but a key category that signals business investment plans rebounded. That could be an indication that businesses are becoming more confident.
The number of people seeking U.S. unemployment benefits dropped 26,000 last week to a seasonally adjusted 323,000, the lowest level in three months as layoffs remain at pre-recession levels.
After years of feuding, the Oildale Mutual Water Co. and North of the River Municipal Water District decide to merge into one entity. But some say the merger was a takeover.
U.S. service companies expanded more slowly in February as hiring levels declined in a cautionary sign for the economy coming out of winter.
The logjam in lending to small businesses is showing signs of clearing. Nearly five years after the recession ended, bankers are lending more and businesses say it's easier to get loans.
A Slovakia-based company that offers paywall projects for media to earn revenue for access to their online sites has made its first foray into the U.S. with a deal to provide its services to Newsweek.
A private survey shows that U.S. companies added slightly more jobs in February than in the previous month, but harsh winter weather still weighed on hiring.
A new study shows that the top 10 global automakers amassed more than $221 billion (161 billion euros) in cash by the end of 2013 to invest in new products, strategic alliances and other growth strategies.
A fire erupted overnight at Marshalls on Ming Avenue. The fire started around 1 a.m., caused by an electrical short in a fan, according to the fire department.
There are signs of life for business construction in southwest Bakersfield. A new Chili's Grill & Bar is coming to a shopping center that's been filling in slowly. And, experts say more new businesses can draw in even more development.