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Top News & Analysis California


  • Stakes Are High as Judge Weighs Stockton Bankruptcy Monday, 1 Apr 2013 | 12:20 PM ET

    The Chapter 9 bankruptcy case for Stockton, Calif., is being closely watched nationally. At issue: Does federal bankruptcy law trump the California law that says debts to the state pension fund must be honored?

  • Dell Warns of Risks of Remaining a Public Company Saturday, 30 Mar 2013 | 12:05 AM ET

    Dell warned on Friday that it would be dangerous to take on a lot of debt and remain a public company given its worsening profit outlook, in a sign that it views proposals from Blackstone Group and billionaire investor Carl Icahn as fraught with risk.

  • Top Court Questions Law Barring Benefits to Gay Couples Wednesday, 27 Mar 2013 | 4:24 PM ET
    Supporters of same-sex marriage gather in front of the Supreme Court on Tuesday.

    The Supreme Court indicated Wednesday it could strike down the federal Defense of Marriage Act, which prevents legally married gay couples from receiving a range of federal benefits that go to other married couples.

  • Supreme Court Takes Up Gay Marriage Tuesday, 26 Mar 2013 | 1:23 PM ET
    Supreme Court Takes Up Gay Marriage

    Thousands of people gathered outside the Supreme Court as a hearing takes place in regards to whether gay couples have the constitutional right to marry, reports CNBC's John Harwood.

  • Prop 8: Supreme Court Takes on Gay Marriage Tuesday, 26 Mar 2013 | 11:39 AM ET
    Prop 8: Supreme Court Takes on Gay Marriage

    The Supreme Court is hearing arguments today on whether gay couples have the Constitutional right to marry, reports CNBC's John Harwood.

  • Energy Boom Ripples Through US Economy Monday, 25 Mar 2013 | 10:15 AM ET

    The boom in new oil and natural gas flowing through U.S. pipelines is beginning to ripple through the wider American economy.

  • How to Retire in These Five Expensive Cities Friday, 22 Mar 2013 | 1:17 PM ET

    Eschewing the Sun Belt, retirees are finding ways to cope with the high prices and high taxes that come with enjoying a big-city lifestyle.

  • And the Host to Replace Leno on 'Tonight Show' Is... Thursday, 21 Mar 2013 | 8:56 AM ET
    Jimmy Fallon appears on "The Tonight Show" with Jay Leno.

    NBC has settled on two new stars for "The Tonight Show": Jimmy Fallon and New York City. The New York Times reports.

  • YouTube Reaches 1 Billion Users Milestone Thursday, 21 Mar 2013 | 2:18 AM ET
    Google, which owns Youtube, is considering a plan to sell cablelike services via the Internet.

    Google's YouTube said the number of unique users visiting the video-sharing website every month has reached 1 billion.

  • Expect 'Some Evolution' to HP's Board: Director Wednesday, 20 Mar 2013 | 6:55 PM ET

    Expect "some evolution" in Hewlett-Packard's board in coming years or even months, one director said at the company's shareholder meeting in response to criticism over the botched Autonomy deal.

  • Yahoo Snags Start-Up Jybe to Personalize Content, Ads Wednesday, 20 Mar 2013 | 2:04 PM ET

    Yahoo has acquired Jybe, a company that recommends books, movies and restaurants to users via an iOS application.

  • NY Governor Latest to Seek Balance by Taxing Rich Wednesday, 20 Mar 2013 | 9:39 AM ET
    New York Governor Andrew Cuomo

    A tax on wealthy New Yorkers follows efforts in other states to improve shaky balance sheets with revenue from those with top incomes.

  • Yahoo in Talks to Buy Stake in Video Site: Report Tuesday, 19 Mar 2013 | 6:46 PM ET
    Yahoo billboard in San Francisco, CA

    Yahoo is in talks to acquire a controlling stake in Dailymotion, one of the world's most popular online video websites.

  • Former CalPERS CEO Indicted in Fraud Scheme Monday, 18 Mar 2013 | 3:45 PM ET
    The California Public Employees' Retirement System building in Sacramento, Calif.

    A federal grand jury on Monday indicted former CalPERS CEO Frederico Buenrostro on conspiracy charges in connection with a scheme to commit fraud, according to the U.S. Department of Justice.

  • US to Bolster Defenses to Curb North Korea Threat Saturday, 16 Mar 2013 | 4:15 AM ET
    Chuck Hagel testifies before the Senate Armed Services Committee during his confirmation hearing to become the secretary of defense.

    U.S. Defense Secretary Chuck Hagel announced plans on Friday to bolster U.S. missile defenses in response to "irresponsible and reckless provocations" by North Korea, which threatened a preemptive nuclear strike against the United States last week.

  • Chinese Firm Looks to Tap US Natural Gas Market Thursday, 14 Mar 2013 | 12:26 PM ET

    One of China's largest private companies is quietly rolling out plans to establish a network of natural gas fueling stations for trucks along U.S. highways.

  • Goodbye, Drought; Hello, Bumper Crops Wednesday, 13 Mar 2013 | 10:59 AM ET

    Improved weather is projected to result in a successful growing year, which could reduce the pressure on grain, livestock feed and consumer prices.

  • Despite Gains, Many Are Still Spending Less Tuesday, 12 Mar 2013 | 1:01 PM ET

    For many Americans, the improving economy has yet to take hold even as they hear about a stronger stock market and better jobs data.

  • Twitter: Fertile Ground for 'Pump and Dump' Schemes Monday, 11 Mar 2013 | 2:26 AM ET

    Prominent short-seller David Einhorn raised eyebrows last month when he popped up on Twitter to disavow that he had tweeted about Herbalife.

  • Paper Trail Goes Cold in Case Against S&P Monday, 11 Mar 2013 | 1:21 AM ET

    The U.S. government's civil fraud lawsuit against S&P relies heavily on emails in which employees voiced doubts about the integrity of the agency's ratings. But S&P may still come out on top.