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The San Diego Union-Tribune


THE OTHER TOP STORIES

  • Contact wearers wary after fungus
    William Spadafora had tried reading glasses, distance glasses and bifocals. He had lost glasses, stepped on glasses, and dropped glasses off the side of a boat.

  • Chinese president to meet Gates, tour Boeing
    SEATTLE – Chinese President Hu Jintao arrived in the Seattle area yesterday for talks with business leaders before he heads to Washington to meet political leaders worried about China's muscular stance in trade, energy and currency policy.

  • Black-owned businesses are growing fastest, census finds
    WASHINGTON – Black-owned businesses are among the fastest-growing segments of the American economy, the government said yesterday.

  • BUSINESS BRIEFING
    Hyundai Motor issues apology
    Hyundai Motor Co. said that its chairman and his son will donate $1.1 billion worth of personal assets to society amid a slush fund scandal engulfing South Korea's largest auto maker.

  • On the move

  • EARNINGS ROUNDUP
    Merrill revenue rises 28%
    Financial services firm Merrill Lynch & Co. yesterday posted sharply lower first-quarter earnings after taking a hefty charge for stock-based compensation, but record revenue from investment activity helped the results beat Wall Street estimates.

  • Diversity helps trio of banks shrug off mortgage slowdown
    NEW YORK – Wells Fargo, Washington Mutual and U.S. Bancorp posted record first-quarter profits yesterday, shrugging off a recent home-mortgage slowdown caused by rising interest rates.

  • Yahoo logs 34% jump in revenue
    SAN FRANCISCO – Yahoo reported a 22 percent decline in first-quarter profit yesterday but met Wall Street's earnings forecast, helped by solid growth in advertising sales.

  • Appeals panel upholds ruling for Microsoft in antitrust case
    RICHMOND, Va. – Businesses and consumers who purchased computers with Microsoft Corp. software already installed or bought the company's programs through a reseller can't sue for antitrust violations, a federal appeals court ruled yesterday.

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