| Nov 13, 2013
| 11:55 AM
A new stock index was launched Wednesday to help investors keep track of the investing strategies of some of the smartest minds on Wall Street.
The iBillionaire index lists 30 large-cap stocks owned by billionaire investors, including Warren Buffett,...
| Oct 17, 2013
| 9:07 AM
The former chief financial officer of an Orange County technology company was sentenced to more than four years in federal prison for stealing about $15 million from the company.
Jean Joseph Ibrahim pleaded guilty in 2012 to a charge related to the...
| Nov 11, 2013
| 10:11 AM
At this rate, shoppers hoping to get in on "Black Friday" deals will have to eat their turkey for lunch, as both Target and Toys R Us announced plans to open Thanksgiving evening.
In its earliest opening ever, Target said it will welcome bargain hunters...
| Nov 15, 2013
| 8:30 AM
Warren Buffett's Berkshire Hathaway bought a $3.45-billion stake in Exxon Mobil in the third quarter, the company's largest investment since it invested $10.7 billion in IBM two years ago, according to a regulatory filing late Thursday.
| Dec 3, 2013
| 10:36 AM
Bargain-hunting shoppers on Cyber Monday broke consumption records, making the online shopping bonanza the biggest e-commerce day in history, according to data from IBM Digital Analytics Benchmark.
Online sales surged 20.6% compared with the same day...
| Jan 23, 2014
| 6:27 AM
Chinese computer maker Lenovo said it would pay $2.3 billion in cash and stock for IBM’s server business, a deal that comes nearly a decade after Lenovo bought IBM's ThinkPad unit that helped the Chinese firm eventually become the largest personal...
| Feb 4, 2014
| 9:22 AM
IBillionaire Inc., a company that models investments of the world's wealthiest people, plans to offer an exchange traded fund this spring that will allow the public to "invest like a billionaire," its top executive said Tuesday.
After receiving about $1...
| Jan 21, 2014
YORKTOWN HEIGHTS, N.Y. — At the headquarters of IBM Research, a curved glass structure surrounded by acres of woods, clusters of high-powered servers hum constantly, their digital eyes trained on the clouds.
Information from weather services,...
| Oct 14, 2013
| 9:24 PM
The California Assembly plans to hold a hearing as early as next month to probe the causes of a snafu at the Employment Development Department that caused tens of thousands of unemployment claim payments to be delayed.
Assemblyman Henry T. Perea (D-...
| Feb 25, 2014
| 3:00 AM
Jim Gimzewski grabs a silicon wafer with a pair of tweezers and raises it to the light, thinking about Jackson Pollock, snowflakes and Tibetan mandalas.
No bigger than a quarter, the wafer looks like a small circuit board with a dozen or so electrodes...
| Feb 28, 2014
We may not have the luxury of actually employing a butler, but thanks to shows like "Downton Abbey" and "Upstairs Downstairs," and movies like "The Butler," we have become familiar with the idea of employing someone to manage the household. And though...