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BofA Reaches $17B Settlement With US

Posted: 08/20/2014 - Officials familiar with the deal say Bank of America has reached a record $17 billion settlement with federal and state authorities over its role in the sale of mortgage-backed securities in the run-up to the 2008 financial crisis.

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Local Businesses Alter Hours For New School Schedule

Updated: 08/08/2014 - When the Washoe County School District adopted a new school calendar last year, it left more time for families to take vacations throughout the year. But for some businesses that employ high school kids, and cater to the younger crowd, the new calendar has meant a new business plan.

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GM Issues Third Recall on SUVs That Can Catch Fire

Posted: 08/07/2014 - General Motors is warning owners of certain older model SUVs to park the vehicles outdoors until they are repaired because they could catch fire when left unattended.

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NV Consumer Spending Up, But Below Norm

Posted: 08/07/2014 - Consumer spending in Nevada rose to its highest level in five years in 2012 but continued to lag far behind the national average, according to a new report showing a wide discrepancy in economic recovery from the recession across the country.

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Report: Russian Hackers Steal 1.2B Passwords

Posted: 08/06/2014 - A published report says Russian hackers have stolen 1.2 billion user names and passwords in a series of Internet heists affecting 420,000 websites.

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Law Changed to Allow 'Unlocking' Cellphones

Posted: 08/01/2014 - President Barack Obama has signed a bill making it legal once again to unlock a cellphone without permission from your wireless provider, so long as the service contract expired.

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Facebook Outage Over; No Word on Cause

Updated: 08/01/2014 - Facebook experienced an outage of some sort Friday morning that meant many, if not all, users could not access their sites

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San Francisco Sells Record Million-Dollar Homes

Posted: 07/31/2014 - 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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Facebook Hacking Scam

Posted: 07/31/2014 - A new scam targets Facebook users and tricks them into hacking their own account.

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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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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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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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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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Court Tosses Chiquita Terror Claim

Updated: 07/24/2014 - A divided federal appeals court has thrown out claims against produce giant Chiquita Brands International made by thousands of Colombians killed during years of bloody civil war.

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