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Microsoft to cut about 2,850 more jobs

Microsoft's costly bet on Nokia will mean more job losses than previously expected.

NYSE July 2016

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Spring slump: U.S. economy only grows 1.2%

America's economy didn't bounce back in the spring after a sluggish winter.

The U.S. economy grew a mere 1.2% between April and June compared to the same period last year, according to the Commerce Department. It was well below many economists' expec...

Jeff Bezos

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Amazon posts its fifth straight quarter of profits

Amazon learns to stop worrying and love the profits.

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Facebook is unstoppable

Facebook can do no wrong.

The social network shattered Wall Street's lofty estimates for sales, profits, user growth and pretty much everything else you can think of with its second quarter earnings report on Wednesday.

The company now has 1.71 billio...

Apple stock

CNN

Beaten-down Apple stock has best day in 2 years

Apple doesn't have to do much to wow Wall Street these days.

The iPhone maker provided another sober reminder of how its days of hyper growth are long gone. Apple posted its second-straight quarter of shrinking sales, led by another drop in smartphone...

Big Sur tourism feeling the heat from Soberanes Fire

The Soberanes Fire, now in its fifth day, has come during the peak summer tourist season in Big Sur.

Donald Trump

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Trump says he'd support $10 minimum wage

Donald Trump said Tuesday he would support raising the federal minimum wage to $10 an hour, a departure from his previous assertion that wages are "too high."

The Republican presidential nominee was pressed to provide a specific number by Fox News anc...

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