Oprah Winfrey just spent more than $28 million on a 23-acre horse farm in California, according to E! News Online.» Read More
NEW YORK-- Safeway Inc. is betting that its investment in a new customer loyalty program will eventually pay off, as the supermarket operator looks to fend off big-box retailers and other competitors that are expanding their grocery aisles.
It was the second-consecutive monthly decline in filings, although there remains a sharp divergence along state lines, according to a report Thursday by foreclosure listing firm RealtyTrac Inc..
The parent company of Tully's Coffee has filed for Chapter 11 bankruptcy protection and will close nine stores this Sunday. The Seattle- based coffee chain has long struggled under the shadow of Starbucks Corp.. Tully's opened its first store in 1992. It has shops in Arizona, California, Colorado, Idaho, Montana, Oregon and Washington.
Oct 11- Venture capital firm Panorama Capital and others have invested $10 million in video technology company Skyfire, which plans to expand into European and Asian markets on the back of surging usage of video on wireless devices.
*Lenovo shares rise nearly 2 pct in Hong Kong trade. SAN FRANCISCO/ HONG KONG, Oct 11- China's Lenovo Group Ltd edged out Silicon Valley icon Hewlett-Packard Co to become the world's No. 1 PC maker in the third quarter, according to data released by research house Gartner on Wednesday.
SAN FRANCISCO, Oct 10- Google Inc Executive Chairman Eric Schmidt expects more than a billion mobile devices around the world to be running its Android software within a year, intensifying a battle with Apple Inc. Google and Apple were once close partners, with Schmidt serving on Apple's board during part of his tenure as Google CEO.
PORTLAND, Ore., Oct 10- Lawyers for 12 Oregon National Guardsmen suing contractor KBR Inc for negligence and fraud told a jury in Portland, Oregon on Wednesday that the soldiers were knowingly exposed to toxic chemicals in Iraq that made them ill.
By Tim McLaughlin and Toni Clarke and Aaron Pressman. BOSTON, Oct 10- A Massachusetts company that mixes drugs for hospitals on Wednesday gave up an attempt to distance itself from an affiliated pharmacy linked to a deadly U.S. outbreak of fungal meningitis.
SAN FRANCISCO, Oct 10- Google Inc Executive Chairman Eric Schmidt expects more than a billion mobile devices around the world to be running its Android software within a year, intensifying a battle with Apple Inc.
By Tom Hals and Dan Levine. In its court filing on Wednesday, the IRS opposed Solyndra's plan. If approved by creditors, a holding company would emerge from bankruptcy with no employees or business operations- but as much as $350 million in tax breaks that could be used by Solyndra's investors, including Argonaut Ventures.
SAN FRANCISCO-- An Oakland medical marijuana dispensary that bills itself as the world's largest gained an unusual ally Wednesday in its fight to stop federal prosecutors from shutting it down: the city government.
SAN FRANCISCO, Oct 10- Amazon.com Inc received approval from the U.S. Federal Communications Commission to sell its high-end Kindle Fire 4 G tablets, a company spokeswoman said on Wednesday. Amazon unveiled the new tablets last month, but the devices had not secured FCC clearance.
LOS ANGELES, Oct 10- A California man linked to an anti-Islam film that stoked violent protests in the Muslim world denied on Wednesday that he had violated his probation on a bank fraud conviction, and he was sent back to jail until his case can be heard on its merits.
SAN FRANCISCO, Oct 10- Amazon.com Inc got approval from the U.S. Federal Communications Commission to sell its high-end Kindle Fire 4 G tablets, a company spokeswoman said on Wednesday. Amazon unveiled the new tablets last month, but the devices had not yet secured FCC clearance.
ANAHEIM, Calif.-- An increasing number of tourists are finding a way to save $40 or more on day passes to California's Disney theme parks by "renting" one day of a multi-day park hopper pass _ and the practice is giving Disneyland a run for its money.
SAN FRANCISCO, Oct 10- China's Lenovo Group Ltd. to become the world's No. 1 PC maker in the third quarter, according to new data released by research house Gartner on Wednesday. A rival to Gartner, IDC, still ranks HP in the lead-- but by less than half a percentage point-- in terms of PC shipments worldwide.
SAN FRANCISCO, Oct 10- Record-high retail prices for gasoline in California began to ease on Wednesday, receding from an unprecedented jump to $5 a gallon in some areas, even as further refinery disruptions threatened to slow the decline.
*U.S. says China was dumping solar products. WASHINGTON, Oct 10- The United States on Wednesday set steep final duties on billions of dollars of solar energy products from China, but turned down a request from lawmakers and U.S. manufacturers to expand the scope of its order.
LOS ANGELES-- California gas prices dipped a half-penny Wednesday, the first drop after a week that saw prices surge a record 50 cents. Gas prices rose more than 50 cents a gallon between Oct. 1 and Oct. 8, from $4.168 to a record $4.671, the largest one-week price spike in California history, AAA spokesman Avery Ash said.
WASHINGTON, Oct 10- The head of the Federal Trade Commission said his agency is "keenly aware" of record-high gas prices in California, and will not hesitate to pursue any violations of antitrust and anti-manipulation laws. Prices surged more than 50 cents a gallon last week and wholesale premiums rose nearly a dollar after refinery mishaps pinched supplies.