Business

Students walk between buildings at St. Francis High School Friday, March 3, 2017, in Mountain View, Calif. The red-hot IPO debut of vanishing-photo superstar Snap this week not only placed the Southern California startup at a $35 billion value. It also made Mountain View, Calif.'s Saint Francis high school $23 million richer. The Catholic school had invested $15,000 in Snap's early round of funding way back in 2012. By the time shares in Snap had finished trading Thursday afternoon, that pittance had turned into a big fat pile of shareholder value. (AP Photo/Marcio Jose Sanchez)
March 03, 2017 - 8:27 pm
MOUNTAIN VIEW, Calif. (AP) — Bake sales and car washes? Not for one Silicon Valley parochial high school that hit it big this week and, by doing so, highlighted anew gaping economic disparities in the region. St. Francis High School in Mountain View parlayed a $15,000 investment in the company that...
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Federal Reserve Chair Janet Yellen addresses the Executives' Club of Chicago, Friday, March 3, 2017, in Chicago. Yellen signaled that the Fed will likely resume raising interest rates later this month to reflect a strengthening job market and inflation edging toward the central bank's 2 percent target rate. (AP Photo/Charles Rex Arbogast)
March 03, 2017 - 6:41 pm
WASHINGTON (AP) — Federal Reserve Chair Janet Yellen signaled Friday that the Fed will likely resume raising interest rates later this month to reflect a strengthening job market and inflation edging toward the central bank's 2 percent target. Yellen also said in a speech in Chicago that the Fed...
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This Wednesday, March 1, 2017, photo shows an exterior view of the headquarters of Uber in San Francisco. Uber has been wielding a secret weapon to thwart authorities who have been trying to curtail or shut down its ride-hailing service in cities around the world. The program included a feature nicknamed "Greyball" internally that identified regulators who were posing as riders while trying to collect evidence that Uber's service was breaking local laws governing taxis. The New York Times revealed Greyball's existence in a story published Friday, March 3, 2017, based on information provided by four current and former Uber employees. (AP Photo/Eric Risberg)
March 03, 2017 - 6:41 pm
SAN FRANCISCO (AP) — Uber has been wielding a secret weapon to thwart authorities who have been trying to curtail or shut down its ride-hailing service in cities around the world. The program included a feature nicknamed "Greyball" internally that identified regulators who were posing as riders...
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Federal Reserve Chair Janet Yellen addresses the Executives' Club of Chicago, Friday, March 3, 2017, in Chicago. Yellen signaled that the Fed will likely resume raising interest rates later this month to reflect a strengthening job market and inflation edging toward the central bank's 2 percent target rate. (AP Photo/Charles Rex Arbogast)
March 03, 2017 - 6:39 pm
WASHINGTON (AP) — Federal Reserve Chair Janet Yellen signaled Friday that the Fed will likely resume raising interest rates later this month to reflect a strengthening job market and inflation edging toward the central bank's 2 percent target. Yellen also said in a speech in Chicago that the Fed...
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March 03, 2017 - 4:39 pm
SAN FRANCISCO (AP) — Uber has been wielding a secret weapon to thwart authorities who have been trying to curtail or shut down its ride-hailing service in cities around the world. The program included a feature nicknamed "Greyball" internally that identified regulators who were posing as riders...
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March 03, 2017 - 2:27 pm
PITTSBURGH (AP) — Two brothers who own a military-supply business, a civilian Army employee and two others have been charged with a $6 million scheme to overcharge the Defense Department for Humvee window frames, federal prosecutors said Friday. Thomas Buckner, 65, of Gibsonia, and John Buckner, 67...
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March 03, 2017 - 1:01 pm
WASHINGTON (AP) — Federal Reserve Chair Janet Yellen is signaling that the Fed will likely resume raising interest rates later this month to reflect a strengthening job market and inflation edging toward the central bank's 2 percent target rate. Yellen also says in a speech in Chicago that the Fed...
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FILE - This Thursday, Oct. 2, 2014, file photo shows the Wall Street entrance of the New York Stock Exchange. Global stocks mostly slipped Friday, March 3, 2017, as investors awaited a speech by Federal Reserve chair Janet Yellen later in the day (AP Photo/Richard Drew, File)
March 03, 2017 - 12:59 pm
Real estate companies led U.S. stock indexes slightly lower in early afternoon trading Friday, extending the market's losses from a day earlier. Financials were up the most. Investors were looking ahead to a speech by Federal Reserve Chair Janet Yellen in hopes of gleaning whether the central bank...
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March 03, 2017 - 12:52 pm
OKLAHOMA CITY (AP) — An Oklahoma-based Native American tribe filed a lawsuit in its own tribal court system Friday accusing several oil companies of triggering the state's largest earthquake that caused extensive damage to some near-century-old tribal buildings. The Pawnee Nation alleges in the...
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A banner for Snap Inc. hangs from the front of the New York Stock Exchange, Thursday, March 2, 2017, in New York. The company behind the popular messaging app Snapchat is expected to start trading Thursday after a better-than-expected stock offering. (AP Photo/Mark Lennihan)
March 03, 2017 - 12:51 pm
SAN FRANCISCO (AP) — The Latest on a California high school making millions from the initial public offering of shares in Snap Inc. (all times local): 9:45 a.m. The venture capitalist who helped a California private Catholic high school earn millions from an initial public offering of shares in...
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