UK’s top stocks stay buoyant as miners top FTSE 100
T he UK’s FTSE 100 has seen its rally last another day as buoyant mining stocks gave the top index a boost. It followed a surge in the fortunes of …
BUSINESS
Are major changes coming to California electric bill? 5 things to know
By WENDY FRY | CalMatters California’s electric bills — already some of the highest in the nation — are rising, but regulators are debating a new plan to charge customers …
Why Warren Buffett Is Still a Fan of Oil, Gas Stocks
Warren Buffett. AFP via Getty Images Billionaire investor Warren Buffett remains bullish on energy companies as his investment conglomerate Berkshire Hathaway (BRK.A) recently increased its stake in Occidental Petroleum to …
Blackstone Becomes First $1 Trillion Private Equity Manager
For years, private equity firms have sought to join a special club: managing $1 trillion in assets, a milestone that would put them in the same league as mutual fund …
Law on minimum service levels during strikes given Royal Assent
A law has been passed to curb the effect strikes can have on some key services. The Strikes (Minimum Service Levels) Act has been granted Royal Assent, having cleared both …
Seeno asks city to deny approval of new East Bay Costco
A local developer is appealing the approval of a new Costco warehouse to be built in north Brentwood. The Brentwood Planning Commission on June 20 gave the green light for …
An A.I. Supercomputer Whirs to Life, Powered by Giant Computer Chips
Inside a cavernous room this week in a one-story building in Santa Clara, Calif., six-and-a-half-foot-tall machines whirred behind white cabinets. The machines made up a new supercomputer that had become …
What are the rules on bank account closures and what rights do people have?
G overnment ministers and the UK’s financial watchdog have waded in to the debate surrounding banks’ ability to close people’s accounts because they disagree with their beliefs or political views. …
You can earn $100,000 a year in these Bay Area counties and still be ‘low-income’
In the exorbitantly expensive Bay Area, you can earn a six-figure salary and still be considered low-income. According to the latest state eligibility requirements for affordable housing, a resident of …
Netflix’s Strong Strike Defense May Still Have Some Cracks
How immune is Netflix to the Hollywood strikes? Netflix’s latest financial report yesterday had a lot to impress shareholders, including renewed subscriber growth and expectations of better cash flow, thanks …