San Jose Mercury: Business

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Updated: 31 min 2 sec ago

KLA hires more than 300 in Milpitas in 2011, looks to add more

38 min 29 sec ago
'We have been hiring and continue to do so,' Richard Wallace, chief executive officer of the $3 billion-plus semiconductor equipment maker. 'Our outlook for 2012 is we anticipate to continue to grow head count.'

Job growth stuns economists, sends Nasdaq to highest level since dot-com crash

56 min 9 sec ago
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.

TV executives crave viewers who watch 2 screens

1 hour 14 min ago
By some industry counts, as much as 30%
of Web-surfing is done while watching TV

Sound Advice: You can't go wrong with these HDMI audio/video receivers

1 hour 16 min ago
With Blu-ray, HDMI is required to enjoy the full sound quality, which is dramatically better than broadcast or DVD sound

Calif., two other states tell insurers to disclose climate change responses

1 hour 28 min ago
California, other states
require companies to
respond to risk survey

Resolutions: Make homeownership dream a reality

1 hour 32 min ago
Even with the scars left by the housing mess, homeownership is still a goal for many Americans

Jailed con artist describes role in Google case

1 hour 33 min ago
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.

Zuckerberg's huge tax bill may benefit Facebook

1 hour 58 min ago
Few billionaires are willing to reveal much about their taxes. But Facebook co-founder Mark Zuckerberg has indirectly done so in the documents for his company's IPO later this year.

NASDAQ surges to 11-year high

2 hours 1 sec ago
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.

HP gave CEO Meg Whitman pay package valued at $16 million

2 hours 48 min ago
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.

Mercury News interview: Thomas Waechter, president and CEO of JDS Uniphase

2 hours 53 min ago
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.

Post-tsunami, Japanese techies flock to Silicon Valley for startups

3 hours 1 min ago
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.

Motorola: Some refurbished tablets weren't wiped

3 hours 17 min ago
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.

Clorox price increases propel higher profits and sales

3 hours 17 min ago
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.

New Leaf grocery opens in San Jose's Evergreen district

4 hours 31 min ago
With this week's opening, New Leaf Community Markets becomes the third locally owned grocery to serve residents of the tony Silver Creek area.

Biz Break: Nasdaq, Dow and recent IPOs soar after jobs report stuns economists with strong growth

5 hours 44 min ago
Today: After January's job growth figures came in higher than anyone expected, investors sent stocks soaring skyward, helping the Nasdaq to an 11-year high and the Dow to a three-year high. Also: The Facebook bounce continues and Google and Apple face difficulties across the pond.

Nasdaq hits highest level since dot-com bubble burst as fresh IPOs soar

7 hours 1 min ago
Spurred by a fifth straight month of solid job growth and the prospects of an initial public offering for Facebook, investors sent tech stocks soaring on Friday, leading the tech-heavy Nasdaq composite index to its highest closing mark since the dot-com crash of 2000.

Nasdaq hits highest level since dot-com bubble burst as fresh IPOs soar

7 hours 36 min ago
Spurred by a fifth straight month of solid job growth and the prospects of an initial public offering for Facebook, investors sent tech stocks soaring on Friday, leading the tech-heavy Nasdaq composite index to its highest closing mark since the dot-com crash of 2000.