SACRAMENTO — California's unemployment rate held steady at the record low 3.9% in December, the state said Friday. California added 12,600 nonfarm payroll jobs during the month, the Employment Development Department said. Those gains extend California’s record job expansion to 118 months. The current expansion began in February 2010. The...
Super Bowl a Tossup at Legal Sports Books
LAS VEGAS — Even the bookies are having a problem figuring out a favorite in the Super Bowl. Odds opened at pick 'em Sunday at many Las Vegas sports books, though the Kansas City Chiefs quickly moved to 1-point favorites over the San Francisco 49ers. Early bettors favored the Chiefs...
Tesla 2019 Sales Hit Goals, Rise Over 50% From Previous Year
DETROIT — Tesla's global deliveries rose more than 50% last year, meaning the company surpassed the low end of its sales goals for 2019. The announcement Friday pushed Tesla's shares up more than 4% to a record high of $449.37. The stock hit a record last week in anticipation of...
It's Sizzling: Australia Experiences Hottest Day on Record
SYDNEY — Australia experienced its hottest day on record and temperatures are expected to soar even higher as heatwave conditions embrace most of the country. The Australian Bureau of Meteorology said the average temperature across the country of 105 Fahrenheit Tuesday beat the record of 104 Fahrenheit from Jan. 7,...
Saudi Stock Offering Creates World's Most Valuable Company
RIYADH, Saudi Arabia — Saudi Arabian oil company Aramco surpassed Apple as the world's most valuable public company Wednesday when its shares made their debut on the Saudi stock exchange, part of an ambitious shift away from the very fossil fuels the country's economy depends on. The shares' 10% rally...
Study: Inconsistent Seams, Player Behavior Behind HR Uptick
SAN DIEGO — Baseballs used during the 2019 regular season had less drag on average, contributing to a power surge that resulted in a record number of home runs, according to a study commissioned by Major League Baseball and released by the league Wednesday. The report produced by a committee...
Saudi Aramco Gains 10% in Debut to Clinch Top Seat at $1.8T
RIYADH, Saudi Arabia — Saudi Arabia's oil company Aramco gained 10% in its first moments on the stock market Wednesday in a dramatic debut that held until closing and pushed its value up to $1.88 trillion, surpassing Apple as the largest listed company in the world. Trading on the Saudi...
AP Source: Fresno State Coach Jeff Tedford Stepping Down
Fresno State football coach Jeff Tedford is stepping down from the job after three seasons at his alma mater. A person familiar with the decision says the 58-year-old Tedford will resign from his job. The person spoke on condition of anonymity Thursday night because the decision has not been announced....
Fresno Rainfall Record Tied, More Rain Ahead
Keep your umbrella and raincoats handy. After Fresno tied a 67-year-old rainfall record Sunday with 0.78 inches, the National Weather Service-Hanford forecast calls for more rain before this storm wanes Thursday, followed by the arrival of a new storm on Friday. In addition, the Sierra Nevada will continue to experience...
US Budget Deficit Surges to $134.5 Billion in October
WASHINGTON — The federal government, which ended the 2019 budget year with its largest deficit in seven years, began the new budget year with a deficit in October that was 33.8% bigger than a year ago as spending hit a record. The Treasury Department said Wednesday that the deficit last...