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Top News & Analysis California

  • *Toshiba urged by banks to sell majority of chip unit- sources. TOKYO, Feb 21- Japan's Toshiba Corp wants to raise at least 1 trillion yen by selling most of its flash memory chip business, seeking to create a buffer for any fresh financial problems, a source with direct knowledge of the matter said. The beleaguered conglomerate was pressured to abandon an initial...

  • *Toshiba urged by banks to sell majority of chip unit- sources. TOKYO, Feb 21- Japan's Toshiba Corp wants to raise at least 1 trillion yen by selling most of its flash memory chip business, seeking to create a buffer for any fresh financial problems, a source with direct knowledge of the matter said. The beleaguered conglomerate's decision to abandon an initial plan...

  • Joe Ready, head of Wells Fargo's institutional retirement plan business, for example, told trustees of the city of San Diego's defined contribution plan that participants' $1 billion in assets were walled off from other parts of Wells Fargo. San Diego pension officials declined to comment for this story. Wells Fargo declined to make Ready available and said it...

  • Milo Yiannopoulos

    Video in which the Breitbart News editor condoned sexual relations with boys seemed to be more than conference organizers could tolerate.

  • The news organizations said in a court filing there was "no adequate justification" for the FBI to continue to withhold information on the cost of the tool or the identity of the vendor that sold it. They said their requests were narrowly tailored and, contrary to the arguments of the FBI and Justice Department, did not seek information that would jeopardize...

  • CEO and co-founder of Snapchat Evan Spiegel

    Snap Inc, owner of popular messaging app Snapchat, kicked off its first investor roadshow on Monday.

  • *One-hour London roadshow impresses investors. LONDON, Feb 20- Snap Inc, owner of popular messaging app Snapchat, kicked off its first investor roadshow on Monday, looking to persuade London money managers to back its initial public offering in the face of concerns about its growth prospects, valuation and corporate governance. The U.S. company, which has yet to...

  • *One-hour London roadshow impresses investors. LONDON, Feb 20- Snap Inc, owner of popular messaging app Snapchat, kicked off its first investor roadshow on Monday, looking to persuade London money managers to back its initial public offering in the face of concerns about its growth prospects, valuation and corporate governance. The U.S. company, which has yet to...

  • said Tiffanie Pieper, of San Diego, who has been in the camp most of the winter. Protesters have been at the campsite since August to fight the $3.8 billion pipeline that will carry oil from North Dakota through South Dakota and Iowa to a shipping point in Illinois. Dallas- based Energy Transfer Partners began work on the last big section of the pipeline this month...

  • NEW YORK— "The Great Wall" was a hit in China. The most expensive film ever made in China and with a budget of $150 million, "The Great Wall" was intended to prove that the world's no. 2 movie marketplace could produce Hollywood- sized blockbusters of its own. Though it ran up $171 million in ticket sales in China, "The Great Wall" pulled in $18.1 million in its North American...

  • LONDON— Uber's chief executive ordered an investigation Monday into a sexual-harassment claim made by a female engineer who said her prospects at the company evaporated after she complained about advances from her boss. In a blog post about her year at Uber, Susan Fowler Rigetti said the company's human resources department ignored her complaints because...

  • Feb 19- The chief executive of Uber Technologies Inc has ordered an "urgent investigation" into claims of sexual harassment at the ride-hailing service made by a former employee. Chief Executive Travis Kalanick said on Sunday he instructed his chief human resources officer to investigate the accusations described in a blog post by Susan Fowler, who worked as...

  • Traffic analytics firm Inrix has calculated how much time drivers spend stuck in traffic during peak travel times last year in 1,064 cities in 38 countries worldwide. Source: Inrix Inc., 2016 Global Traffic Scorecard. Does not include cities in Japan or China, where Inrix does not collect its own data.

  • DETROIT— When it comes to getting stuck in traffic on the way to and from work, Los Angeles leads the world. That topped second-place Moscow at 91 hours and third-place New York at 89, according to a traffic scorecard compiled by Inrix, a transportation analytics firm. San Francisco was the fourth-most congested city, while Bogota, Colombia, was fifth, Sao Paulo...

  • DETROIT, Feb 20- Traffic jams cost U.S. drivers an average of $1,200 a year in wasted fuel and time, and much more in Los Angeles, the city with the world's biggest rush hour traffic delays, according to a study by INRIX Inc released on Monday. While Thailand was the world's most congested country in 2016, according to the study, the United States had the worst traffic...

  • WELLINGTON, New Zealand— A New Zealand judge on Monday upheld an earlier court ruling that flamboyant internet entrepreneur Kim Dotcom and three of his colleagues can be extradited to the U.S. to face criminal charges. Dotcom, who lives in New Zealand, has been fighting extradition in a case which has moved with glacial slowness at times. The New Zealand district...

  • LOS ANGELES, Feb 19- "The Lego Batman Movie" is dominating the North American box office with an estimated $44 million this President's Day weekend-- nearly matching the combined haul of "Fifty Shades Darker" and "The Great Wall." New Line's opening of high school comedy "Fist Fight" showed only a modest punch in fifth with around $14 million at 3,185 locations.

  • NEW YORK— "The Great Wall" was a hit in China. The most expensive film ever made in China and with a budget of $150 million, "The Great Wall" was intended to prove that the world's no. 2 movie marketplace could produce Hollywood- sized blockbusters of its own. Though it ran up $171 million in ticket sales in China, "The Great Wall" pulled in $18.1 million in its North American...

  • CAPE CANAVERAL, Fla.— A SpaceX rocket soared from NASA's long-idled moonshot pad Sunday, sending up space station supplies from the exact spot where astronauts embarked on the lunar landings nearly a half-century ago. It was the first flight from NASA's legendary Launch Complex 39 A since the shuttle program ended almost six years ago, and SpaceX's first...

  • *Ford's sales in Russia up 10 pct last year, beating rivals. *U.S. rival General Motors quit Russia in 2015. MOSCOW, Feb 19- Ford has become the first major foreign carmaker in Russia to see sales grow after three bad years, potentially vindicating its decision to double down on a notoriously volatile market when rivals decided to cut and run.