FINANCE

US jobless aid applications decline to 289,000

WASHINGTON (AP) -- Fewer Americans sought unemployment benefits last week, a sign of solid job security and growing confidence among employers.

FINANCE

Oil Extends Rally Amid Speculation That Selloff Was Excessive

(Bloomberg) -- Oil headed for its biggest gain in more than two weeks in New York amid speculation that crude’s plunge to a five-year low may have been excessive.

CONSTRUCTION

November design activity grows at slower pace in the West

Design activity continues to grow in the West but at a slower pace than in recent months, according to the November numbers from the American Institute of Architects' Architecture Billings Index released Wednesday.

REAL ESTATE

Bosa buys first office building in San Diego

REAL ESTATE

Four-building apartment portfolio in City Heights sold

MEDICAL

Philips buys Volcano for $1 billion to boost medical imaging

EDUCATION

City College opens $94.6M dual-building classroom

REAL ESTATE

Evan Kovac joins HFF's health care practice

GENERAL

National City Mile of Cars names new executive director

GOVERNMENT

San Diego pension’s retreat from risk avoids $100 million loss

Other Headlines:

Fired Obese Workers Can Sue for Discrimination, Court Says

(Bloomberg) -- The European Union’s highest court extended discrimination laws to obesity, saying employees in limited situations may be able to sue over firings if their weight hinders or limits them at work.

US jobless aid applications decline to 289,000

Fewer Americans sought unemployment benefits last week, a sign of solid job security and growing confidence among employers.

Wells Fargo Rides Retail Deposits to Be Most-Valuable Bank

(Bloomberg) -- Behind Wells Fargo & Co.’s ascent to the world’s most valuable bank lies a cheap and reliable source of funds favored by regulators and less popular with its largest rivals: retail bank deposits.

U.S. Said Set to Blame North Korea for Cyber-Attack on Sony

(Bloomberg) -- U.S. officials plan to announce this week that North Korea is behind the cyber-attack that crippled Sony Pictures Entertainment computers and forced the studio to pull “The Interview,” a person briefed on the FBI probe said.

Yellen Doesn’t See Fed Raising Interest Rates Before April

(Bloomberg) -- Signaling she’s in no hurry to raise rates, Federal Reserve Chair Janet Yellen said the central bank is unlikely to move before the end of April and that borrowing costs will remain low for a “long time” after liftoff.

More News

BUSINESS NEWS VIDEOS

In The News

Dec. 17, 2014, 5:00 P.M. -- The Douglas Wilson Cos. has sold its 80,651-square-foot office building at 1620 Fifth Ave. -- formerly the Robert F. Driver building -- to Bosa Development for $18.5 million.

Weekly Update

George Chamberlin on the Markets

Dec. 15, 2014 -- Executive Editor George Chamberlin recaps last week's financial events and looks at the week's upcoming announcements.

Feature Videos

Citizens Business Bank's Paul Rodeno on opening SD branch

Dec. 15, 2014 -- George Chamberlin and Paul Rodeno, senior vice president at Citizens Business Bank, discuss opening a new branch in San Diego and talk about the types of businesses that Citizens Business works with.

Special Reports

Young Attorneys - 2014

Join The Daily Transcript as we recognize this year's up-and-coming legal stars with the eighth annual Young Attorneys honor.

US & World

US stocks rise; Oracle leads technology stocks higher

NEW YORK (AP) -- U.S. stocks rose Thursday, led by gains in technology stocks after Oracle surged following a strong earnings report. Energy stocks fell back as oil gave resumed its slide.

Crude Oil Resumes Slide on Concern Supply Glut Will Worsen

Gauge of US economy rises 0.6 percent in November

US jobless aid applications decline to 289,000

Consumer Confidence in U.S. Rose to Seven-Year High Last Week

Topics

Trusted Advisers

Welcome to The Daily Transcript’s "Trusted Advisers." These individuals regularly contribute their depth of experience and credentials for your enterprising success.

The Tech Edge

The Daily Transcript focuses on how businesses can leverage technology to stay on top.

San Diego Stock Exchange

U.S. Markets

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Newsmaker Videos

Maserati of San Diego

Jack Lorent, sales manager of Maserati of San Diego, talks about the history and heritage of Maserati and their newest, affordable model, the Ghibli.

Around Town

La Jolla

La Jolla

“La Jolla is the jewel of the crown of San Diego. It's almost like being in the south of France, you know? If you go to the south of France, it will look and feel exactly the same way. It's great energy in La Jolla. This is a special place to be.” -- Bernard Guillas, Executive Chef, The Marine Room.