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Chevron sees profit up

Chevron Corp , the second-largest U.S. oil company, said Improved margins at its refineries would lift its second-quarter earnings versus the previous quarter, offsetting a drop in oil and gas output.

Lawsuit against Apple, AT&T remains class action

A monopoly abuse lawsuit against Apple Inc and AT&T over the iPhone can continue as a class action against the two companies, a U.S. judge ruled.

Whooping cough outbreak hits California

The California Department of Public Health has reported that whooping cough incidents in the state in June is four times higher than last year and declared an epidemic.

Crude Oil Tracks Stocks Upwards to Close Week Above $76 a Barrel

Crude oil futures finished the week on a positive note, tracking stocks upward after hitting the low for a month earlier in the week. The benchmark West Texas intermediate contract settled Friday at $76.09 a barrel, up 65 cents on the day. On Tuesday, the contract declined for the sixth session in a row, closing at $71.98, its first dip below $72 in a month.

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Consumers sue Apple over iPhone antenna problems

Apple Inc has been sued by iPhone customers in at least three complaints related to antenna problems on its newest model.

Wall Street down after data but bounces from lows

Stocks slipped on Thursday as manufacturing and other data suggested a slowing recovery, but shares were well off session lows as investors snapped up some beaten-down shares.

Yahoo board approves $3 billion stock buyback

Yahoo Inc approved a plan to repurchase up to $3 billion of its common stock over the next three years, the company said on Wednesday.

An artistic rendition of monster whale Leviathan Melvillei attacking a smaller baleen whale

Fossil of monster whale that ate whales for breakfast found

Scientists have discovered, journal Nature reported, fossils of an ancient monster whale that preyed on other whales. The beast has been named Leviathan Melvillei after the author of Moby Dick.

How to Find the Perfect Vacation Rental

It sounds like a dream vacation: Watch the sunrise on your private veranda with freshly-made espresso - no rush! Spend the morning visiting quaint villages and small museums, lunchtime in the yard barbecuing freshly-caught fish, and the afternoon lounging around your private pool.

Carmaker Tesla's stock zooms 40 percent on first day

Electric carmaker Tesla Motors Corp's initial public offering zoomed ahead on Tuesday with shares rallying more than 40 percent as investors bet that electric cars would define the future of transportation.

Nearly 1 in 3 first-quarter home sales a foreclosure: report

Nearly one out of every three U.S. home sales in the first quarter was a foreclosure property as steep price discounts boosted demand for distressed real estate, RealtyTrac said in a new report on Wednesday.

Carmaker Tesla's stock revs higher on first day

Shares of electric carmaker Tesla Motors Inc opened nearly 12 percent above their initial public offering price on Tuesday as investors bet that electric cars would define the future of transportation.

Special report:Is Tesla the future or the new Government Motors?

Elon Musk, the chief executive and major investor behind Tesla Motors Inc, has sometimes taunted U.S. automakers, painting his fledgling company as everything Detroit would like to be if it could start over: cooler, greener and ensconced in a much better neighborhood.

Electric carmaker Tesla stock revs higher at open

Tesla CEO blames new model push for losses

Tesla Motors Inc's founder said his company could be profitable if it continued to make pricey sports cars, but is instead forgoing income to build a car aimed at mass-market commuters.

Wal-Mart names new U.S. CEO amid slumping sales

Wal-Mart Stores Inc on Tuesday named Bill Simon to run its U.S. discount stores, which have struggled with sluggish sales as their core customer continues to be pressured by high unemployment.

Corrected: Wal-Mart names new U.S. CEO

(Corrects 3rd paragraph to show Castro-Wright was put in charge of global sourcing in 2008)

Tesla increases size of IPO by 20 percent

Electric carmaker Tesla Motors raised the number of shares it will sell in its initial public offering by 20 percent, an early sign that investor interest in the startup is strong.

Google and YouTube defeat Viacom in copyright lawsuit

Google Inc won a landmark victory over media companies as a Manhattan federal judge threw out Viacom Inc's $1 billion lawsuit accusing the Internet company of allowing copyrighted videos on its YouTube service without permission.

Russian president downloads Silicon Valley success

Russian President Dmitry Medvedev was inspired by a tour of Silicon Valley on Wednesday and left determined to replicate the U.S. technology hub at home, despite pessimism that Russia could create a sufficiently open environment to nurture success.

Instant View: Fed softens view of economy, rates unchanged

The Federal Reserve acknowledged a faltering pace of U.S. economic recovery on Wednesday as it renewed its vow to hold benchmark interest rates exceptionally low for an extended period.

Hard-hit states get funds to aid homeowners

Some of the states hit hardest by the slump in housing prices will be able to tap into a special $1.5-billion fund on Wednesday that is intended to head off some foreclosures.

Supreme Court to hear JPMorgan appeal in card case

The Supreme Court said on Monday it would hear JPMorgan Chase & Co's appeal over a lawsuit accusing the bank of violating federal law by failing to notify credit card holders before raising interest rates due to late payments or defaults.

Wall Street ends lower as China yuan euphoria fades

Stocks once again succumbed to late-day selling in light trading on Monday as hopes China's newfound dedication to yuan flexibility turned to doubts about the speed and magnitude of Beijing's intentions.

U.S. obesity rates could fall if soda pop prices rise

Raising the price of sugary soft drinks will likely prompt thirsty consumers to seek out cheaper, healthier beverages, U.S. researchers said on Thursday.

Facebook '09 revenue neared $800 million

Facebook's financial performance is stronger than previously believed, as the Internet social network's explosive growth in users and advertisers boosted 2009 revenue to as much as $800 million, according to two sources familiar with the situation.