Tumblr joins GeoCities, Broadcast.com and Overture in the small fraternity of Yahoo's $1 billion-plus acquisitions. What can the company can learn from its previous purchases?Add your comments
Yahoo says it's buying online blogging forum Tumblr for $1.1 billion as CEO Marissa Mayer tries to rejuvenate the Internet company.
The deal for the blogging site is designed to attract younger users to the ailing Web portal. The newspaper is basing the report on unnamed sources close to the situation.
Tesla's business model is under attack by a formidable foe: the National Automobile Dealers Association, one of the most powerful lobbying groups in Washington.
California’s unemployment rate dropped to 9 percent last month, which analysts say is a sign that the economy is steadily improving.
California's unemployment rate was 9 percent in April. The Bureau of Labor Statistics said Friday the decline is the third largest from April 2012.
A measure of the U.S. economy's future health rose in solidly in April, buoyed by a sharp rise in applications to build new homes and apartments.
A real estate tracking firm said Southern California homes sold at its fastest pace for the month of April in seven years - but who is buying those homes?
U.S. builders broke ground on far fewer homes in April, one month after topping the 1 million mark for the first time since 2008.
The number of Americans seeking unemployment aid rose 32,000 last week to a seasonally adjusted 360,000, the most since late March. The jump comes after applications fell to a five-year low.
San Diego-based research firm DataQuick said Wednesday that median price paid for a home in California was $324,000 in April, the highest since June 2008.
Filmmaker Greg Karber buys Abercrombie clothing from a Goodwill and starts distributing it to a group the company might think was off-brand: homeless people.
South Korea-based Hyundai on pace to finish new $200 million U.S. headquarters in Orange County - but had considered moving to Alabama.
Southern California home prices neared a five-year high in April as sales accelerated in more expensive markets, a research firm said Tuesday.
The U.S. Treasury said Friday that it took in a rare surplus of $113 billion in April, the largest in five years.