Top News & Analysis California


  • California drought on avocados Friday, 21 Feb 2014 | 1:09 PM ET
    California drought on avocados

    California may only produce 250 million pounds of avocados in 2014, compared to 15 million pounds last year. CNBC's Jane Wells reports this has nothing to do with the drought.

  • Have a look at what could become your next steak Thursday, 20 Feb 2014 | 3:59 PM ET
    Grazing bison

    "I think there's nothing but room for expansion," says Jeff Miller, who runs Diamond Mountain Ranch in California.

  • California is burning, and the drought is to blame Thursday, 20 Feb 2014 | 2:34 PM ET
    Firefighters monitor the Colby Fire on Highway 39, January 17, 2014, in Azusa, California.

    The West's drought has been bad enough. Now California and other Western states face a possibly devastating fire season.

  • US to let banks do business with licensed pot shops Saturday, 15 Feb 2014 | 6:10 AM ET

    The Obama administration made it easier on Friday for banks to do business with licensed marijuana companies with less fear of prosecution, further encouraging U.S. states that are experimenting with legalization of the drug.

  • California: Water doesn't flow, but profits might Friday, 14 Feb 2014 | 1:11 PM ET
    Workers drill for water for a farmer on February 6, 2014, near Bakersfield, Calif. Now in its third straight year of unprecedented drought, California is experiencing its driest year on record, dating back 119 years and possibly the worst in the past 500 years.

    The economic outlook in California, where farmers have been dealing with an epic drought, may not be as barren as the land.

  • Dealing with California's drought Friday, 14 Feb 2014 | 1:01 PM ET
    Dealing with California's drought

    CNBC's Jane Wells reports Miami, Los Angeles and San Diego are among the hot searches for vacation destinations. Also, President Obama will visit California to announce aid to the challenges facing farmers.

  • California budget only seems OK: Kashkari Friday, 14 Feb 2014 | 9:39 AM ET
    Neel Kashkari

    California's seemingly healthy finances are just a mirage tied to the stock market, GOP gubernatorial hopeful Neel Kashkari says.

  • How the Pacific could be California's drought fix Thursday, 13 Feb 2014 | 4:03 PM ET
    A desalination plant in Carlsbad, Calif.

    Almost every water crisis in the Golden State brings up desalination. But using the Pacific to provide drinkable water comes with risks.

  • The business upside of California's water torture Thursday, 13 Feb 2014 | 12:45 PM ET
    A dog hangs around an abandoned farmhouse in early February near Bakersfield, Calif.

    One man's drought is another man's opportunity. Some firms could actually benefit from California's water problems.

  • Space tourism incubating in California's desert Wednesday, 12 Feb 2014 | 4:23 PM ET
    Virgin Galactic's WhiteKniteTwo mothership with SpaceShipTwo aboard  approaches lift-off speed for a powered test flight  at the Mojave Air and Space Port.

    The place where the Right Stuff was born is now the home of the new private space industry.

  • Cali's irrigation effort and industry Wednesday, 12 Feb 2014 | 1:05 PM ET
    Cali's irrigation effort and industry

    CNBC's Jane Wells reports how the irrigation industry is being affected by California's record drought.

  • Power House: Los Angeles real estate Thursday, 6 Feb 2014 | 1:46 PM ET
    Power House: Los Angeles real estate

    Berkshire Hathaway HomeServices' Greg Bender provides insight on the real estate market in Los Angeles, California. This week's "power house" is listed for $1,625,000.

  • Severity of California drought Thursday, 6 Feb 2014 | 1:27 PM ET
    Severity of California drought

    CNBC's Jane Wells reports on the drought's economic costs.

  • Home prices in tech hubs Thursday, 6 Feb 2014 | 1:23 PM ET
    Home prices in tech hubs

    CNBC's Diana Olick digs into whether there are higher home prices in tech hubs than in other areas.

  • Protecting America's power grid Thursday, 6 Feb 2014 | 1:18 PM ET
    Protecting America's power grid

    Frank Gaffney, President of Center for Security Policy, provides insight on the vulnerable American electric grid, and homeland security's role protecting them.

  • Video of sniper attack in California Thursday, 6 Feb 2014 | 1:18 PM ET
    Video of sniper attack in California

    CNBC's Jon Fortt provides insight on a sniper attack on a California power station.

  • All dried out: California farms to lay idle Thursday, 6 Feb 2014 | 10:31 AM ET
    The Almaden Reservoir in San Jose, Calif., on Jan. 28, 2014.

    Drought-stricken California farmers are expected to idle 500,000 acres of cropland in a record production loss that could cost billions.

  • $20 million in drought aid Wednesday, 5 Feb 2014 | 1:40 PM ET
    $20 million in drought aid

    CNBC's Jane Wells reports farmers in California can now apply for $20 million in federal aid.

  • Pimco Total Return Fund rises 1.35% in January Monday, 3 Feb 2014 | 12:09 PM ET

    Pimco rose 1.35 percent in January after posting its worst annual loss since 1994 last year, preliminary data from Morningstar showed on Monday.

  • 'Ride Along' rumbles to a second win at box office Sunday, 26 Jan 2014 | 1:36 PM ET
    Ice Cube attends the Philadelphia screening of the movie 'Ride Along' in Philadelphia.

    "Ride Along," a buddy cop comedy starring Kevin Hart and Ice Cube, raced to the top of the weekend box office charts for the second week in a row, collecting $21.2 million in ticket sales.