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Tesla Confirms Reno is Gigafactory Finalist

Updated: 4:16 PM - American electric car maker Tesla Motors Inc. is teaming up with Japanese electronics company Panasonic Corp. to build a battery manufacturing plant in the U.S. expected to create 6,500 jobs.

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San Francisco Sells Record Million-Dollar Homes

Posted: 10:19 AM - A research firm says a record number of million-dollar homes were sold in the San Francisco Bay Area during the second quarter, another sign that affording a place to live is a growing challenge for anyone who isn't tied to the technology economy.

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US Judge Slaps $1.3B Fine On Bank Of America

Updated: 07/30/2014 - A federal judge imposed a $1.3 billion civil penalty against Bank of America on Wednesday for its role in selling risky mortgages to Fannie Mae and Freddie Mac that were advertised as safe investments.

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Us Judge Slaps $1.3B Fine on Bank of America

Posted: 07/30/2014 - A federal judge imposed a $1.3 billion civil penalty against Bank of America on Wednesday for its role in selling risky mortgages to Fannie Mae and Freddie Mac that were advertised as safe investments.

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Probe Exposes Flaws Behind HealthCare.gov Rollout

Posted: 07/30/2014 - Officials tell The Associated Press that a nonpartisan investigative report concludes that management failures by the Obama administration set the stage for the computer problems that paralyzed the HealthCare.gov website last fall.

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US Economy Grew Four Percent in Spring

Posted: 07/30/2014 - After a dismal winter, the U.S. economy sprang back to life in the April-June quarter, growing at a fast 4 percent annual rate on the strength of higher consumer and business spending.

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Chevron Overhaul Heads For Vote

Posted: 07/29/2014 - Chevron's five-year quest for approval of a $1 billion overhaul of its aging refinery in the San Francisco Bay Area city of Richmond is facing a decisive vote by city officials.

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JPMorgan Paying $650K To Settle CFTC Charges

Posted: 07/29/2014 - JPMorgan Chase will pay $650,000 to settle charges from federal regulators of filing inaccurate reports on the trading positions of some of its large customers.

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Aetna 2Q Profit Rises 2.4 Percent

Posted: 07/29/2014 - Aetna's second-quarter profit climbed more than 2 percent, as gains from an acquisition helped the health insurer top expectations and raise its 2014 earnings forecast again.

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Ford Raising Prices On New F-150

Updated: 07/28/2014 - Ford is raising the price of its new aluminum-sided pickup truck, but still trying to stay competitive with rivals.

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Judge OKs Record-Setting $2B Sale Of Clippers

Updated: 07/28/2014 - A judge has ruled against Los Angeles Clippers owner Donald Sterling and cleared the way for the $2 billion sale of the team to ex-Microsoft CEO Steve Ballmer.

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Southwest Air Facing $12 Million Fine

Posted: 07/28/2014 - The government is proposing a $12 million civil fine against Southwest Airlines for failing to comply in three separate cases with safety regulations related to repairs on Boeing 737 jetliners.

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FedEx To Challenge Online Pharmacies Debate

Posted: 07/26/2014 - FedEx Corp., the latest shipper to be accused in a federal probe involving illegal online pharmacies, says it will fight the charges that it knowingly shipped drugs to people who lack valid prescriptions.

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Nearly 500 Golf Professionals Lose Jobs

Posted: 07/24/2014 - The Dick's Sporting Goods chain has laid off 478 Professional Golfers' Association teaching pros months after the company reported that sales of golf gear are dwindling.

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