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SLO County's unemployment rate falls to 6.1 percent

San Luis Obispo County's jobless rate continued its decline in April as it fell to 6.1 percent, state data show.

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Archive by category ''Business

LOCAL BUSINESS

Arroyo Grande votes to form tourism promotion district

Arroyo Grande will become the sixth city in San Luis Obispo County to form a tourism promotion district to bring in new revenue specifically to market the city and its hotels.
NATIONAL BUSINESS

Average credit card debt, late payments fall in 1Q

Americans got better about paying their credit card debt on time in the first three months of the year, a period when many borrowers use income tax returns to tackle their holiday season debt.

3 hours ago
NATIONAL BUSINESS

Lew taps government retiree pension fund

Treasury Secretary Jacob Lew said late Monday he will begin tapping into two government employee retirement funds to buy more time before the U.S. Treasury is faced with the prospect of defaulting on the national debt.
TECHNOLOGY

Yahoo looks to regain its cool with Tumblr deal

After falling woefully out of fashion, Yahoo wants to be cool again while catering to the capitalistic demands of its shareholders. That goal led CEO Marissa Mayer to make a $1.1 billion bet on online blogging forum Tumblr in a risky acquisition that revolves around the vision and instincts of a...
TECHNOLOGY

Tumblr CEO's mom gushes over billion-dollar baby

As a teenager, Tumblr CEO David Karp would canvass the streets of New York City's Upper West Side, offering to build websites for local businesses. After his freshman year of high school, the precocious, computer-savvy kid decided to drop out altogether to devote more time to his passion for technology...
TECHNOLOGY

Panel: Apple uses firms outside US to avoid taxes

Apple Inc. employs a group of affiliate companies located outside the United States to avoid paying billions of dollars in U.S. income taxes, a Senate investigation has found.
TECHNOLOGY

Should we let wunderkinds drop out of high school?

It's one thing to say tech geniuses don't need degrees. After all, Bill Gates, Steve Jobs and Mark Zuckerberg all dropped out of college.
NATIONAL BUSINESS

Warren Buffett enjoys playing salesman-in-chief

Billionaire Warren Buffett isn't just Berkshire Hathaway's chairman and CEO. He's also the chief salesman.
TECHNOLOGY

Yahoo reboots Flickr, offers 1 terabyte of storage

Fresh on the heels of its $1.1 billion acquisition of Tumblr, Yahoo says it is rebooting its languishing photo-sharing site Flickr with plans to make it "awesome" again.
NATIONAL BUSINESS

Warren Buffett gives young entrepreneurs 10 shares

Meeting Warren Buffett was exciting, but 10-year-old Matthew Meyer said winning $5,000 and 10 shares of stock in Buffett's company made Monday the best day of his life.