Top News & Analysis California

  • Nov 1- Professional social network LinkedIn Corp beat Wall Street's third-quarter profit and revenue targets on Thursday and raised its full-year revenue forecast. LinkedIn said it posted net income of $2.3 million, or 2 cents a share, during the three months ended Sept. 30, compared with a net loss of $1.6 million, or 2 cents a share, in the year-ago period.

  • *At least 93 dead, cost estimated at up to $50 billion. NEW YORK/ SEASIDE HEIGHTS, N.J., Nov 1- Rescuers searched flooded homes for survivors, drivers lined up for hours to get scarce gasoline and millions remained without power on Thursday as New York City and nearby towns struggled to recover from one of the biggest storms ever to hit the United States.

  • Nov 1- Professional social network LinkedIn Corp beat Wall Street's third-quarter profit and revenue targets on Thursday and raised its full-year revenue forecast. LinkedIn said it posted net income of $2.3 million, or 2 cents a share, during the three months ended Sept. 30, compared with a net loss of $1.6 million, or 2 cents a share, in the year-ago period.

  • LOS ANGELES, Nov 1- First Solar Inc, the biggest U.S. solar panel maker, on Thursday posted a 55 percent drop in third-quarter net earnings due to restructuring charges and lower revenue.

  • LONDON, Nov 1- Banks will have to hold more capital after recent hefty fines, trading losses, money laundering and rate-rigging showed that operational risks are not being covered properly. U.S. energy regulators this week proposed fining the bank $470 million for alleged rigging of California's power markets.

  • Nov 1- Consolidated Edison Inc said Thursday most of its customers in New York City and Westchester County, New York, will have power back by Nov. 10-11, after Hurricane Sandy slammed into the U.S. East Coast earlier in the week, causing widespread damage and flooding. The New York utility said it expected to restore power in lower and mid- Manhattan by Saturday, Nov. 3.

  • Nov 1- New York power company Consolidated Edison Inc said Thursday the vast majority of its New York City and Westchester County, New York, customers will have power back by the weekend of Nov. 10-11, following the destruction by Hurricane Sandy. The company said it expects to restore power in lower- and mid- Manhattan by Saturday, Nov. 3.

  • SAN FRANCISCO, Nov 1- Apple Inc's iPad mini uses a display from South Korea's Samsung Electronics Co Ltd, one of Apple's major suppliers and also its fiercest rival in the global mobile-device market that the two companies dominate.

  • SAN FRANCISCO, Nov 1- Apple Inc's new iPad mini includes a display from South Korea's Samsung Electronics Co Ltd, a key supplier but also the Silicon Valley tech giant's fiercest rival in a global mobile-device war.

  • SAN FRANCISCO, Nov 1- Apple Inc's new iPad mini appears to include an LCD display driver from South Korea's Samsung Electronics Co Ltd, a key supplier but also the Silicon Valley tech giant's fiercest rival in a global mobile-device war.

  • WASHINGTON/ NEW YORK, Oct 31- U.S. regulators threatened to fine Barclays roughly $470 million to settle allegations that the bank and four traders manipulated California electricity markets, reviving the specter of a sector-wide crackdown on energy trading.

  • *Storm Sandy may cost industry 100,000 vehicle sales. DETROIT, Oct 31- U.S. auto sales are set to rise 11 percent in October, led by Toyota Motor Corp and Honda Motor Co which benefited from increased demand for compact cars as gasoline prices remained high across the country.

  • LONDON- Britain threatened on Thursday to veto any deal on the European Union budget that is not good for the British taxpayer, a day after a humiliating defeat in parliament undermined Prime Minister David Cameron's authority.

  • Clean Energy For America's Future

    Thomas Steyer, Farallon Capital Management founder, explains why he left his $21 billion hedge fund to focus on philanthropy.

  • HOUSTON, Oct 31- Phillips 66' s increased access to cheaper crude oil from the United States and Canada boosted its quarterly profits above analyst expectations after the U.S. refining company spun off from ConocoPhillips earlier this year, the company reported on Wednesday.

  • *MasterCard quarterly profit rises 8 percent. Oct 31- Increased consumer spending and card use worldwide drove quarterly profits higher for Visa Inc and MasterCard Inc, according to new financial reports from the two payments companies.

  • *New Jersey Senators asked for more federal money. NEW YORK/ WASHINGTON, Oct 31- New York state on Wednesday asked the U.S. federal government to pay all the costs of cleaning up and repairing damage from massive storm Sandy that tore through the Northeast this week and crippled New York City.

  • Oct 31- U.S. federal energy regulators threatened to fine Barclays roughly $470 million to settle allegations that the bank and four traders manipulated California energy markets from November 2006 to December 2008.

  • *Storm Sandy may cost industry 100,000 vehicle sales. DETROIT, Oct 31- U.S. auto sales are set to rise 11 percent in October, led by Toyota Motor Corp and Honda Motor Co which benefited from increased demand for compact cars as gasoline prices remained high across the country.

  • Companies such as environmental cleanup specialist Clean Harbors Inc, building supply chains Home Depot Inc and Lowe's Cos Inc, building products makers Owens Corning and Beacon Roofing Supply Inc, and generator manufacturer Generac Holdings Inc surged in early trading on the assumption that the recovery from Sandy will take years and boost sales.