Top News & Analysis California


  • NEW YORK, Nov 4- The average U.S. price for a gallon of regular gasoline took its biggest drop since 2008 in the past two weeks, due to lower crude oil prices, a big price drop in pump prices in California and Hurricane Sandy, according to a widely followed survey released on Sunday.

  • *Romney has said will declare China currency manipulator on ``day one''. Presidential candidate Mitt Romney would lack the legal power to label China a currency manipulator on his first day in office should he win Tuesday's election, offering him a way out of what experts say is the weakest claim on the issue for years.

  • *Investment boom is legacy of party boss aiming for China's top ruling body. TIANJIN, China, Nov 5- Dong Zizhou casts his fishing net from the shore and fixes his gaze on a stand of 15 unfinished skyscrapers rising like concrete skeletons beside the Hai River, heralding China's ambition to develop the world's largest financial centre.

  • LOS ANGELES, Nov 4- ``Wreck-It Ralph,'' Disney's animated film about a videogame character who destroys everything in his path, scored the highest-grossing opening weekend in Disney animation history with $49.1 million, as box office attendance picked up in the aftermath of superstorm Sandy.

  • 'Wreck-It Ralph' crushes box office competitors Sunday, 4 Nov 2012 | 5:09 PM ET

    The tally for ``Wreck-It-Ralph, which featured the voices of John C. Reilly and Jane Lynch, hammered the Denzel Washington film'' Flight, `` which generated ticket sales of $25 million at U.S. and Canadian theaters, according to studio estimates. Walt Disney Co released'' Wreck-It Ralph. ``'' Flight`` was distributed by Paramount Pictures, a unit of Viacom Inc.

  • NEW YORK, Nov 3- Kim Bondy was in New Orleans seven years ago when Hurricane Katrina devastated the city, and scores of patients died in flooded hospitals cut off from power.

  • Nov 2- U.S. utilities restored power on Friday to about a million East Coast homes and businesses plunged into darkness by Hurricane Sandy, a slowdown from the past two days, as crews began to work on the hardest-hit areas that may take days to fix.

  • NEW YORK, Nov 2- Prices for long-dated U.S. But investors were also looking to next Tuesday's election, in which President Barack Obama and Republican Mitt Romney will square off. Treasury strategy at RBS Securities in Stamford, Connecticut, that momentum seems to have slowed.

  • Google's Android software in 3 out of 4 smartphones Friday, 2 Nov 2012 | 8:04 PM ET

    SAN FRANCISCO, Nov 2- Three out of every four smartphones sold in the third quarter featured Google Inc's Android mobile operating system, as the gap between Google and Apple Inc- based phones widened further, according to a new research report. Apple's share of the market increased to 14.9 percent during the third quarter, from 13.8 percent a year earlier.

  • *Apple shares hit three-month low. NEW YORK/ SAN FRANCISCO, Nov 2- Apple Inc's iPad mini hit stores around the world on Friday, attracting sparser crowds than previous Apple launches, but the kickoff still drew hundreds of New Yorkers only days after one of the biggest storms to hit the United States.

  • The Labor Department's report that job growth in October exceeded the most optimistic forecasts weighed on 30- year bonds. ``If the economy is improving, the bond market reads into that that we could have a little more inflation, and that adversely affects long-term bonds more than short-term Treasuries,'' said Jeffrey Cleveland, senior economist at Payden& Rygel, in Los Angeles.

  • Puerto Rico begins building large solar park Friday, 2 Nov 2012 | 7:03 PM ET

    SAN JUAN, Puerto Rico-- Construction has started in Puerto Rico on what will soon be the Caribbean's largest solar energy park. The $265 million project is being built in southern Puerto Rico and is expected to generate enough electricity to power more than 13,000 homes in the U.S. territory.

  • BUSINESS-NEWS-SCHEDULE AT 1830 GMT / 230 PM ET Friday, 2 Nov 2012 | 6:33 PM ET

    WASHINGTON- U.S. employers stepped up hiring in October and a small increase in the jobless rate was due to more workers restarting their job hunts, a hopeful sign for a lackluster economy that has been a drag on President Barack Obama's re-election bid ( USA- ECONOMY/JOBS, moved, 900 words).

  • Over 20 million tweets sent as Sandy struck Friday, 2 Nov 2012 | 6:27 PM ET

    SAN FRANCISCO, Nov 2- Twitter users flocked to the micro-messaging network this week as Hurricane Sandy swept through the eastern U.S. seaboard, sending more than 20 million tweets about the storm between Saturday and Thursday, the company said.

  • SAN FRANCISCO, Nov 2- Two weeks before a high-stakes trial pitting Google's Motorola Mobility unit against Microsoft, Google made what has become a common request for a technology company fighting for billions of dollars: A public court proceeding, conducted largely in secret.

  • *Third-quarter adjusted earnings $0.44, beat estimates by 5 cents. The maker of specialty components for energy, transportation and manufacturing said it had earned $73.0 million, or 78 cents per share, in the third quarter, compared with $108.5 million, or $1.17 per share, a year earlier.

  • *Profit ex-items $2.55/ share, misses $2.83 analysts' view. Increasing output from the wellhead is a struggle for many big oil companies, including Exxon Mobil Corp and Royal Dutch Shell.

  • SAN FRANCISCO, Nov 2- Two weeks before a high-stakes trial pitting Google's Motorola Mobility unit against Microsoft, Google made what has become a common request for a technology company fighting for billions of dollars: A public court proceeding, conducted largely in secret.

  • NEW YORK, Nov 2- Prices of long-dated U.S.

  • Cox sued for linking vending machine image, pot Friday, 2 Nov 2012 | 4:54 PM ET

    LITTLE ROCK, Ark.-- A company that makes medical vending machines sued a conservative lobbying group on Friday, claiming it was defamed when the group used an image of a machine during a news conference in opposition of Arkansas' medical marijuana ballot initiative.