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Microsoft to focus on products and profits

Microsoft Chief Executive Steve Ballmer was unperturbed a day after rival Apple Inc shot past his firm as the world's biggest tech company by market value and said his aim was on developing a good product line and making more products.

California court cases against Toyota consolidated

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A judge has ordered the pretrial merger of at least 40 California state court lawsuits filed against Toyota over cars that have raced out of control, including a case stemming from the fatal crash that sparked the automaker's recall crisis.

Lawmakers want more Google Street View info

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Three U.S. lawmakers, concerned that Google Inc may have violated U.S. privacy laws, want to know how much personal data the company has gathered through its project to photograph streets across the country and how it plans to use that information.
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Web startup Jelli looks to rock traditional radio

Entrepreneur Mike Dougherty envisions a day when people will listen to their car radio via a wireless Internet connection and be able to make song requests with the help of a hands-free device as they drive along the freeway.
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State jobless rates ease in April

U.S. state April unemployment rates were higher than a year ago in most states but fell from March 2010 levels in dozens of states, the Labor Department reported on Friday, as recession-fueled joblessness eased.
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Toyota gets Tesla stake, Tesla gets Toyota factory

Toyota Motor Corp said it would take a $50 million stake in U.S. electric carmaker Tesla Motors, a move that gives the Japanese automaker a chance to repair its dented public image and vaults the California start-up on to the world stage.
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Toyota gets Tesla stake while Tesla gets Toyota factory

Toyota Motor Corp said it would take a $50 million stake in U.S. electric carmaker Tesla Motors, a move that gives the Japanese automaker a chance to repair its dented public image and vaults the California start-up on to the world stage.
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PIMCO's Gross: Markets exhibiting flight to liquidity

The fiscal tightening from Japan, euro zone, and the United States will lead to slower growth and lower inflation, which is leading to added selling pressure on world financial markets on Thursday, the manager of the world's biggest bond fund said.
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Staples profit tops Street view; outlook tepid

Top U.S. office products retailer Staples Inc gave a lackluster outlook for the rest of its fiscal year and reinforced growing industry expectations for a slower U.S. economic recovery.
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San Francisco area home sales slip from year ago

Home sales in the nine-county San Francisco region continued to shift toward its more expensive markets in April, reducing overall sales and lifting the area's median sales price from year-earlier levels, a report by MDA DataQuick said on Thursday.
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Southern California homes sales dip in April

Home sales in Southern California in April ticked down from a year earlier while the region's median home price jumped more than 15 percent over the same time as the area's housing market marked more small steps toward recovery.
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Hewlett-Packard raises outlook

Hewlett-Packard Co's quarterly results beat expectations and it raised its full-year earnings outlook on demand for personal computers and servers as well as a resurgence in its printing business.
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Senate deal reached on state preemption

Moving to clear away an obstacle to passage of a Wall Street reform bill, key U.S. senators have struck a compromise balancing state and federal powers in bank consumer protection, aides said on Tuesday.
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Beer, betrayal, a lost iPhone in Apple device tale

Fearing huge losses in sales after pictures leaked of its fourth-generation iPhone, Apple Inc convinced police to launch a felony investigation and Chief Executive Officer Steve Jobs contacted the offending Web site himself to try and recover the gadget.
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Apple feared lost 4G iPhone hurts sales: warrant

An Apple Inc lawyer considered a missing iPhone 4G prototype invaluable and publication of its details immensely damaging to the gadget maker's future sales, according to a search warrant unsealed by a California judge on Friday.
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Wall Street drops on euro-zone fears and financials

U.S. stocks fell, with the S&P 500 and Nasdaq off 2 percent or more on Friday on worries that heavy euro-zone debt loads could stymie a global recovery, while Visa and MasterCard led the financial sector lower after the U.S. Senate backed limits on card fees.
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Study shows consistent benefit of early daycare

(Reuters) - Parents worried about putting very young children into daycare got some reassuring answers on Friday -- children who have high-quality care see academic benefits lasting into high school.
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Toyota to close Thai plant as crisis hit sales

Toyota Motor Corp said it would close one of its four vehicle plants in Thailand as the economic crisis hammered exports, in a rare move for what was until a few years ago the world's fastest-growing carmaker.
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U.S. judge to pick lead attorneys in Toyota cases

The federal judge handling more than 100 lawsuits against Toyota Motor Corp over cars that raced out of control said on Thursday that he would decide by next week which plaintiffs lawyers would take a leading role in the massive litigation.
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Big borrower California won't slip like Greece

California is so not Greece.That's the broadly held view in the $2.8 trillion municipal bond market, which is puzzled by analysts, columnists, cartoonists and bearish investors comparing Greece's fiscal floundering and $1 trillion bailout to hard-pressed states such as California and Illinois.

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