Qualcomm Inc's quarterly profit easily beat Wall Street forecasts and the wireless chip leader raised its full-year financial targets due to growing demand for smartphones such as Apple Inc's popular iPhone.
A proposed settlement to resolve mortgage abuses by top U.S. banks will give states broad authority to punish firms that mistreat borrowers in the future, according to documents seen by Reuters on Wednesday.
A former Los Angeles area teacher accused of taking bondage-style photos of students, some with cockroaches on their faces, was ordered held on $23 million bail on Wednesday as authorities said more possible victims had come forward.
Claremont McKenna College, a prestigious liberal arts school in California, has admitted inflating the SAT exam scores of students in order to boost its standing in national school rankings.
Don Cornelius, the creator of Soul Train, was found dead in his Sherman Oaks, Calif., home Wednesday morning. In the past few years the music-industry legend has faced a tumultuous time with his health and his personal relationships, including that with his second wife Viktoria Chapman-Cornelius.
Mike Kelley, a Los Angeles-based artist, was found dead at his home in South Pasadena on Wednesday, from an apparent suicide, according to reports. He was 57.
Rivers visited a medical marijuana dispenser for help with her anxiety
It is hailed as the most important stock market event of the decade. Rumors of Facebook's highly anticipated IPO filing on Wednesday excited stock watchers around the world as the California-based company moves to raise as much as $10 billion - valuing the company at a staggering $100 billion.
The Fighting Irish put together one of the nations top recruiting classes as they attempt to become a national title contender again.
2012 will be known as the year of the Giants vs. the Patriots. But in the ever-popular Super Bowl ads, 2012 will also be known as the year of ads leaked ahead of the game.
The megabout is put on hold once again.
The Trojans have scholarship limitations, but still managed to land a solid class.
A proposed settlement to resolve mortgage abuses by top U.S. banks will give states broad authority to punish firms that mistreat borrowers in the future, according to documents seen by Reuters on Wednesday.
Microsoft, the No.1 software company, is hitting back at Google, No. 1 in search, by insinuating new Google policies may inadequately protect consumer privacy.
An unnamed source claims it is in possession of Apple's third-generation iPad, the iPad 3, and discovered code that reveals Apple may be building two different versions of the device, one with Wi-Fi only and one with Wi-Fi, GSM, CDMA and global LTE. Both will feature a new quad-core A6 processor.
Boosted by non-residential developments, builders increased their December 2011 spending at a rate higher than economists had expected. The gain confirmed previously observed trends about the ongoing economic recovery in the U.S., which has seen better than expected progress in industry while still facing a soft residential housing market.
Apple Inc has hired Dixons Chief Executive John Browett, who revived the British electronics retailer by emphasizing customer service, to lead the iPad maker's global retail expansion.
After shares of Netflix hit rock bottom following an ill-fated business decision last September, the Los Gatos, Calif-based company has seen its shares go back up rather quickly.
Don Cornelius, the creator of Soul Train, was found dead in his Sherman Oaks, Calif., home Wednesday morning. Law enforcement said that Cornelius died of an apparent suicide.
A new study links the diabetes drug metformin to fewer cases of pancreatic cancer -- at least in women -- but finds other diabetes medications are associated with a higher risk of the disease.
Facebook is expected to submit paperwork to regulators on Wednesday morning for a $5 billion initial public offering and has selected Morgan Stanley and four other bookrunners to handle the mega-IPO, sources close to the deal told IFR.
Two prolific offenses highlight a Super Bowl rematch.
