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NEWS: Business and Financial
Luxury travel startup Inspirato, co-founded by former eBay official, lands third round of funding in past year
Latest infusion comes from Institutional Venture Partners
Categories: NEWS: Business and Financial
Job growth stuns economists, sends Nasdaq to highest level since dot-com crash
In the most impressive surge for the job market since the middle of last decade, the United States added 243,000 jobs in January, far more than economists expected. The unemployment rate dropped to 8.3 percent, the lowest in three years.
Categories: NEWS: Business and Financial
HP gave CEO Meg Whitman pay package valued at $16 million
Hewlett-Packard gave new CEO Meg Whitman a package of stock options valued at more than $16 million last year, on top of her $1-a-year annual salary, according to regulatory documents filed Friday.
Categories: NEWS: Business and Financial
Mercury News interview: Thomas Waechter, president and CEO of JDS Uniphase
Analysts are especially enthusiastic about JDSU's role in the new but growing field of gesture recognition technology. While the company won't name customers, industry experts say JDSU supplies key motion-sensing components for Microsoft's popular Xbox Kinect systems.
Categories: NEWS: Business and Financial
NASDAQ surges to 11-year high
The NASDAQ climbed to its most lofty perch in 11 years on Friday, jumping 1.6 percent with the S&P 500 close behind with a 1.5 percent gain. The Dow, meanwhile, rose 1.2 percent for the day and closed at roughly 12,862, its highest level since 2008.
Categories: NEWS: Business and Financial
TV executives crave viewers who watch 2 screens
By some industry counts, as much as 30%
of Web-surfing is done while watching TV
of Web-surfing is done while watching TV
Categories: NEWS: Business and Financial
Post-tsunami, Japanese techies flock to Silicon Valley for startups
For an emerging generation of Japanese innovators, the dream isn't a job for life at a big company. They have new ambitions, and they're determined to go places. Especially Silicon Valley.
Categories: NEWS: Business and Financial
Motorola: Some refurbished tablets weren't wiped
Motorola Mobility says about 100 Xoom tablet computers that it refurbished for sale on Woot.com may not have been properly wiped of the previous owners' data.
Categories: NEWS: Business and Financial
Clorox price increases propel higher profits and sales
Clorox said Friday that operating profits jumped and sales rose during its second fiscal quarter, bolstered by price increases for its household products and cost reductions.
Categories: NEWS: Business and Financial
FDA: No Ban on Orange-Juice Imports
Orange-juice futures settled lower as traders discounted the prospects for a ban on juice imports into the U.S. It appears they weren't off the mark.
Categories: NEWS: Business and Financial
With Role Lessened, Loan Chief Exits BofA
Barbara Desoer, a high-profile mortgage executive who once was a candidate to become chief executive of Bank of America, is leaving as the financial giant retreats from the home-loan business.
Categories: NEWS: Business and Financial
H-P to Put Proxy-Access Proposal to Vote
Hewlett-Packard agreed to give its stockholders the chance to approve so-called proxy access through a bylaw vote at its 2013 annual meeting.
Categories: NEWS: Business and Financial
MTN Probes Bribery Claims
Shares of South African mobile-phone operator MTN fell after the company said it is investigating claims by Turkey's largest mobile-phone operator that it engaged in corruption to secure a deal in Iran.
Categories: NEWS: Business and Financial
Upbeat Beam Sees Glass as Half-Full
Spirits maker Beam, which posted better-than-expected earnings, expects established brands and new flavors to help it outperform the broader category's growth this year.
Categories: NEWS: Business and Financial
Interest-Rate Probe Widens
Regulators in Switzerland and the U.K. stepped up pressure on Swiss and foreign banks, extending a probe into alleged manipulation of interest rates and disclosing possible action against UBS in a trading scandal.
Categories: NEWS: Business and Financial
Micron CEO Dies in Crash
Steven R. Appleton, chairman and chief executive of Micron Technology died Friday when the high-performance airplane he was piloting crashed at Boise, Idaho's airport.
Categories: NEWS: Business and Financial
Employers and brands use gaming to gauge engagement
Summary
Categories: NEWS: Business and Financial
Caterpillar Closes Plant in Canada After Lockout
Caterpillar said it will close a locomotive plant in London, Ontario, following a lockout, eliminating about 450 jobs that mostly paid twice the rate of a U.S. counterpart.
Categories: NEWS: Business and Financial
Goldman Cuts Blankfein's Bonus
Goldman Sachs cut CEO Lloyd Blankfein's stock bonus for the first time since the financial crisis, the latest sign that Wall Street executives are paying for a year of mixed financial performance.
Categories: NEWS: Business and Financial
Jailed con artist describes role in Google case
When federal investigators decided to look into whether Google was letting rogue pharmacies from overseas target American consumers with advertising, they turned to a convicted con artist with experience pushing pills on the Internet.
Categories: NEWS: Business and Financial