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Top News & Analysis California


  • SAN FRANCISCO, Oct 29- Apple Inc said on Monday its iPhone software chief and its head of retail would leave, a major executive shake-up that follows embarrassing problems with the company's new mapping software and disappointing quarterly results.

  • SAN FRANCISCO, Oct 29- Apple Inc said on Monday its head of iPhone software and its head of retail would leave, the biggest shake-up in the technology company's executive ranks since Tim Cook became chief executive last year.

  • SAN FRANCISCO, Oct 29- A handful of individual super-donors, business groups and unions have poured more than $350 million into California ballot initiatives ahead of the Nov. 6 election, underscoring the extent to which the state's system of ``direct democracy'' has morphed into a big-money battleground.

  • NEW YORK, Oct 29- For some homeowners, the aftermath of Hurricane Sandy could bring a whole second round of troubles. You may be unpleasantly surprised: After Hurricane Irene hit in August 2011, more insurers tucked hefty wind and hurricane deductibles into their policies.

  • *Microsoft showcases new Windows Phones. SAN FRANCISCO, Oct 29- Microsoft Corp Chief Executive Steve Ballmer said on Monday demand for the company's new Windows 8 operating system, released to the public on Friday, was running at a higher rate than its last release, Windows 7..

  • SAN FRANCISCO, Oct 29- Microsoft Corp Chief Executive Steve Ballmer said on Monday sales of the company's new Windows 8 operating system, released to the public on Friday, were running at a higher rate than its last release, Windows 7..

  • Google unveils first 10-inch Nexus tablet Monday, 29 Oct 2012 | 6:03 PM ET

    SAN FRANCISCO, Oct 29- Google Inc unveiled a larger version of its Nexus-branded tablet computer on Monday, and updated its mobile gadget and online content offerings as competition with Apple Inc, Amazon.com Inc and Microsoft Corp heats up ahead of the holiday sales season.

  • Reuters World News Highlights at 1400 GMT, Oct 29 Monday, 29 Oct 2012 | 2:00 PM ET

    ROME- Former Italian premier Silvio Berlusconi faced a fresh setback on Monday as early counting in a local election in Sicily showed his divided centre-right party trailing in a former stronghold and big gains for the anti-establishment 5 Star Movement.

  • Treasury debt prices rose on Monday as a perceived rise in political risks in Italy and concerns about the strength of the U.S. economic recovery fueled safe-haven buying in thin trade as Hurricane Sandy was on track to pummel the U.S. East Coast.

  • Oct 29- Can peer pressure make delinquent taxpayers pony up what they owe the government? Behavioral economists say it can, and some tax agencies in both the United States and Britain are taking their advice to heart-- and finding that they are reaping rewards.

  • SAN FRANCISCO, Oct 29- One morning in April, Ron Conway, the billionaire technology investor, sat in a conference room on the second floor of San Francisco's City Hall with about 50 representatives from the city's business community.

  • New York, Philadelphia, Washington, Boston in its path. *New York, New Jersey, Amtrak transit systems to shut. The massive storm, which has already killed 66 people in the Caribbean, was headed toward a densely populated region that includes Washington, New York and Boston and its effects could be felt for hundreds of miles, officials warned.

  • Take Taiwan's E Ink Holdings Inc, which makes most of the monochrome displays for devices such as Amazon.com Inc's Kindle and Barnes& Noble Inc's Nook. ``The bottom fell out of the market,'' says E Ink Chief Marketing Officer Sriram Peruvemba.

  • 'Argo' finally tops box office with $12.4M Sunday, 28 Oct 2012 | 2:57 PM ET

    The Warner Bros. thriller from director and star Ben Affleck, inspired by the real-life rescue of six U.S. embassy workers during the 1979 Iranian hostage crisis, made nearly $12.4 million this weekend, according to Sunday studio estimates. "

  • An uneasy economy, and those living through it Sunday, 28 Oct 2012 | 7:55 AM ET

    CHARLOTTE, N.C.-- Here was Chas Kaufmann's life before the Great Recession: $28,000 in restaurant tabs in a year, cruises, house parties with fireworks. Now: "We mainly shop at Sam's Club and portion out our meals. We spend $4 to $5 a night on eating. "

  • NYC schools, transit to close ahead of storm Sunday, 28 Oct 2012 | 12:19 AM ET

    NEW YORK-- New York City announced the closings of its mass transit and school systems, both the nation's largest, and ordered residents to leave some low-lying areas Sunday ahead of the massive storm approaching the eastern third of the U.S.

  • NEW YORK, Oct 27- Hurricane Sandy is charging up the East Coast as a cold front is tearing across the U.S. from the west and an arctic blast is barreling down from the north. Valerie Dziengiel isn't worried one bit.

  • Calif Latino grocery chain fights immigration woes Saturday, 27 Oct 2012 | 12:08 AM ET

    FRESNO, Calif.-- Two decades ago, Mi Pueblo Food Center began modestly as a small butcher shop run by an illegal immigrant. "We are feeling what is happening to us in a way that most companies might not, because we are founded by an immigrant and depend on immigrants to survive," said Perla Rodriguez, spokeswoman for the San Jose, Calif- based company.

  • *Citi fired top Internet analyst and junior analyst. BOSTON/ SAN FRANCISCO, Oct 26- Citigroup fired its top Internet analyst, Mark Mahaney, and paid a $2 million fine to a Massachusetts regulator to settle charges that the bank improperly disclosed research on Facebook IPO and information on other tech companies.

  • *Dow up 0.03 pct, S&P 500 down 0.1 pct, Nasdaq up 0.1 pct. NEW YORK, Oct 26- U.S. stocks finished flat on Friday, recovering from moderate declines as bargain hunters rushed in to buy Apple, lifting it off its lows, and scooped up other stocks recently battered by disappointing results.