Economy shows early recovery with firmer growth ahead
Data indicate construction spending rose sharply and manufacturing picked up, while consumer spending stayed flat in April despite higher incomes. Analysts cite strong job growth, wage gains, and rising savings as reasons growth should accelerate in the second half of the year.
MENTIONED IN THIS ARTICLE
Commerce Department
Joseph LaVergna
U.S
Deutsche Bank
Goldman Sachs
LaVorgna
Institute
Lunch with Buffett fetches over a million at charity auction
The charity auction for lunch with Warren Buffett runs through Friday night, with the 84 year old Berkshire Hathaway chairman drawing bids from many seeking his investing and philanthropy insight. The Glide Foundation benefits total nearly 179 million dollars raised so far, aiding services for San Francisco's poor and homeless.
MENTIONED IN THIS ARTICLE
Buffett
Warren Buffett
Berkshire Hathaway
Glide Foundation
San Francisco
Intel Altera deal may signal broader chip industry consolidation
The all cash 16.7 billion sale of Intel to Altera could foreshadow a wave of tech mergers as major players seek to protect leadership, with Avago Broadcom and NXP Semiconductors cited as recent examples. Analysts compare tech to pharma, noting giants buy nimble firms rather than only innovate. Safer growth comes via acquisitions, cost cuts, and partnerships across chips, software, and media.
MENTIONED IN THIS ARTICLE
San Francisco
Intel
Altera
Singapore
Avago
Broadcom
Freescale Semiconductor
NXP Semiconductors
Max Wolff
Manhattan Venture Partners
Google
Wolff
Ing
Yoshikami
Salesforce
Oracle
Microsoft
IBM
SAP
Flipboard
Twitter
Yahoo
Pandora
Google updates on diversity show slow progress at tech giant
Google reveals a gradual narrowing of gender and racial gaps with 7 of 10 employees men and 60 percent white, 31 percent Asian. Women rise slightly in technical roles, while African Americans and Hispanics remain underrepresented. Leadership sees progress but emphasizes long-term commitment. Public figures urge specific hiring goals and broader industry accountability.
MENTIONED IN THIS ARTICLE
San Francisco
Google
Larry Page
Sergey Brin
USA
Nancy Lee
People
USA Today
Lee
Jesse Jackson
America
Jackson
Rainbow Push Coalition
U.S
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Moneyline
Gannett
Digital First Media
el Paso Times
Texas
New Mexico
Pennsylvania
California
Callifornia Newspapers Partnership
Walt Disney
Walt Disney Co
Jay Rasulo
Tom Staggs
Bob Iger
Jay
Disney
Iger
DOW Jones Industrial Avg
IG and
Veronica Bravo
S&p
Marketwatch.com
Apple
Michael Yoshikami
Destination Wealth Management
U.S. Tech M&a
U.S. Tech
Richard Peterson
S&p Capital IQ
Tech M&a
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