Top News & Analysis California

More

  • *Abe's stimulus plan for Japan raises bets on BOJ action. NEW YORK, July 27- U.S. They briefly narrowed the spread between shorter-dated and longer-dated yields to the tightest level since March 2015, according to Tradeweb.

  • LOS ANGELES— Matt Damon is taking steps to address the diversity crisis in Hollywood through his and Ben Affleck's production company, Pearl Street Films, and collaboration with the people behind the Media, Diversity and Social Change Initiative at USC's Annenberg School. They're the latest high-profile names in the industry who are throwing their weight...

  • *Abe's stimulus plan for Japan raises bets on BOJ action. NEW YORK, July 27- U.S. They briefly narrowed the spread between shorter-dated and longer-dated yields to the tightest level since March 2015, according to Tradeweb.

  • July 27- California's power grid operator issued an alert urging consumers to conserve electricity on Wednesday as a heat wave baked the state, especially in the north. AccuWeather forecast that temperatures in San Jose, the third biggest city in California, would reach 93 degrees Fahrenheit on Wednesday and 89 on Thursday after hitting 94 on Tuesday.

  • Treasury on Wednesday said it was expanding the scope of its program targeting money laundering through real estate purchases to include all New York City's boroughs, Florida's Broward and Palm Beach counties, and Los Angeles, San Francisco, and San Diego in California, as well as San Antonio in Texas.

  • TREASURY EXPANDS ORDER TARGETING MONEY LAUNDERING THROUGH ALL-CASH REAL ESTATE PURCHASES TO NEW YORK CITY BOROUGHS, TWO FLORIDA COUNTIES, THREE CALIFORNIA METROS AND SAN ANTONIO AREA OF TEXAS.

  • SEATTLE— As crude oil trains began rolling through its downtown a few years ago, Spokane was among the first cities to pass a resolution calling for stronger federal safety regulations. But when a mile-long train derailed in the scenic Columbia River Gorge along the Oregon- Washington border last month— after earlier passing through this major railroad hub in...

  • NEW YORK, July 27- The Federal Reserve has bowed to political risks once already this year, deferring a possible interest rate hike in part due to Britain's European Union vote, and it may do so again as November's U.S. presidential election looms. While both Republicans and Democrats have criticized the Fed, Donald Trump's policies are likely to be more...

  • Acknowledging that talks will probably have to wait until after a new president takes office next year, Comey said that it's up to the American people— not the FBI or the tech companies— to decide how to resolve the issue. For its part, Comey said the FBI is collecting encryption-related data from its cases, with the expectation that the debate will resurface next...

  • WASHINGTON, July 27- The federal bureau charged with protecting U.S. consumers' finances was poised to lay out plans on Thursday for toughening regulation of debt collection, as complaints have mounted about the multibillion-dollar industry. The Consumer Financial Protection Bureau's proposal would come on top of an existing federal law, the Fair Debt...

  • SAN FRANCISCO _ Terreno Realty Corp. on Wednesday reported a key measure of profitability in its second quarter. The average estimate of seven analysts surveyed by Zacks Investment Research was for funds from operations of 25 cents per share. Five analysts surveyed by Zacks expected $26.1 million.

  • ROLLING HILLS ESTATES, Calif. _ Natural Health Trends Corp. on Wednesday reported second-quarter profit of $12.2 million. Natural Health Trends shares have decreased slightly more than 3 percent since the beginning of the year. Keywords: Natural Health Trends, Earnings Report.

  • NEW YORK, July 27- Comcast Corp reported a 5 percent drop in quarterly profit on Wednesday, hurt by lower film division sales, but managed to beat Wall Street expectations due to growth in its business services and high-speed internet units. Second-quarter revenue rose 2.8 percent to $19.27 billion from a year earlier and slightly exceeded the analysts' average...

  • LOS ANGELES _ VCA Inc. on Wednesday reported second-quarter profit of $64.1 million. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 82 cents per share. Four analysts surveyed by Zacks expected $639.6 million.

  • CALABASAS, Calif. _ On Assignment Inc. on Wednesday reported second-quarter profit of $26 million. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of 78 cents per share. On Assignment shares have declined 10 percent since the beginning of the year.

  • NEW YORK, July 27- Comcast Corp reported a 5 percent drop in quarterly profit on Wednesday, hurt by lower film division sales, but managed to beat Wall Street expectations due to growth in its business services and high-speed internet units. The largest U.S. cable operator posted total revenue of $19.27 billion in the quarter ended June 30, up 2.8 percent from a year...

  • IRVINE, Calif. _ Tri Pointe Homes Inc. on Wednesday reported second-quarter earnings of $73.9 million. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 28 cents per share. This story was generated by Automated Insights using data from Zacks Investment Research.

  • NEW YORK— Lumber Liquidators shares tumbled Wednesday after the hardwood flooring retailer reported a bigger loss than analysts expected and said fewer people came to its stores after it cut back on discounts. Lumber Liquidators stock dropped $1.41, or 8.2 percent, to $15.57 in morning trading. Analysts expected a loss of 22 cents per share on $238.4 million in...

  • July 26- Apple Inc sold more iPhones than Wall Street expected in the third quarter and estimated its revenue in the current period would top many analysts' targets, soothing fears that demand for the company's most important product had hit a wall. Demand for Apple's phones has waned in China, partly because of economic uncertainty there, and has also slowed in...

  • SPARKS, Nevada, July 26- Tesla Motors Inc's next strategic turn could cost the electric car maker "tens of billions" of dollars over the long term, but will likely require only a "modest" capital raise, Chief Executive Elon Musk said on Tuesday. While some analysts have questioned how profitable the Model 3 will be, Musk on Tuesday said he expects the car to generate $20...