Oprah Winfrey just spent more than $28 million on a 23-acre horse farm in California, according to E! News Online.» Read More
Gas prices remain at high levels, despite wholesale prices coming down, reports CNBC's Jane Wells. Sterling Burnett, National Center for Policy Analysis, and Tyson Slocum, Public Citizens Energy Program, debate over whether there are legitimate reasons for the disconnect.
*Canadian company D-Wave lands $30 million investment.
Oct 8- Facebook Inc has proposed a revised $20 million settlement in a class action lawsuit accusing it of violating the rights of users through its "Sponsored Stories" advertising feature after a U.S. judge rejected an earlier accord.
SEATTLE-- Alaska Airlines says its computer connections have been restored, and operations are returning to normal at its airport gates. The problem started just before 8 a.m. Monday when the airline lost its connection to the Sabre reservation system because of two cut Sprint fiber optic lines.
Oct 8- An outage that cut phone and data service to Sprint customers in parts of California, Oregon and Washington also grounded some Alaska Airlines passengers on Monday as it knocked the air carrier's reservations system off line.
SEATTLE-- The computer problem that has cut off Alaska Airlines' ability to put passengers on planes was caused by a combination of two fiber optic cuts in the Sprint system.
Oct 8- Lena Dunham, creator of HBO comedy "Girls", has signed a deal for a debut book giving advice to young women on sex and work, a publishing contract reported to be worth several million dollars. The New York Times, citing unnamed publishing sources, said Random House paid more than $3.5 million for the 26- year-old's first book after a fierce bidding war.
SEATTLE-- Residents of Washington, Oregon and Colorado won't just be considering whether to let adults buy pot at state-sanctioned shops when they vote next month on legalizing and taxing marijuana. "Farmers are already engaged in a high-risk endeavor," said Roy Kaufmann, a spokesman for Oregon's pot initiative. "
NEW YORK-- Playing a deaf teen on the ABC Family drama "Switched at Birth" has put Katie Leclerc on Hollywood's radar. "I was acting for about 10 years before I got `Switched,' the 25- year-old actress said in a recent interview." Leclerc plays Daphne Vasquez, a teen who lost her hearing as a child after a bout with meningitis.
Jerry Brown ordered them to allow so-called "winter-blend" gasoline to be sold in California earlier than usual to increase supply. AAA said the average price for a gallon of regular gasoline in California hit $4.668 Monday _ the highest price in the nation and an all-time high for the Golden State. California usually converts to the gas on Oct. 31.
Someone in California who drives 300 miles per week and gets 20 miles per gallon spends nearly $18 more than a South Carolina motorist. The pocketbook punch is far greater when comparing the most expensive station in California with the cheapest in South Carolina.
NASHVILLE, Tenn., Oct 8- U.S. health authorities scrambled on Monday to identify more cases of a rare form of meningitis, including enlisting local police to find people who might be infected by tainted steroid injections that have so far killed eight people.
NEW YORK-- A Cowen and Co. analyst said Monday that Cerus Corp., which makes devices that are used to clean donated blood, should report strong revenue growth as sales of its Intercept system increase.
NEW YORK-- Supermarket chains like Safeway and Roundy's could have even more reason to fear Wal-Mart. As of the end of July, Wal-Mart had 10 "Express" stores and had ramped up its "Neighborhood Market" concept to 217 locations, said Citi Investment Research analyst Deborah Weinswig.
Why does it take so long for gas prices to lower even after oil falls? Chris Faulkner, Breitling Oil and Gas CEO; John Kilduff, Again Capital founding partner; and CNBC's Jane Wells, offer insight.
NetSpend and Green Dot, which sells many of its cards at Walmart stores, tumbled Monday after Wal-Mart Stores Inc. announced it would offer its own prepaid card with credit card issuer American Express Co. With its shares falling, Green Dot replied with a statement saying it supported Wal-Mart's efforts to offer more financial products to more customers.
NEW YORK-- When Elie Wiesel emerged from quintuple heart bypass surgery, still wired to monitors, he immediately started writing a book about the ordeal _ "in my head."
CNBC's Jane Wells reports California's Governor Jerry Brown has ordered refiners to start selling California's winter gasoline early to boost supplies as much as 10 percent.
The widening outbreak has alarmed federal and state health officials and focused attention on regulation of pharmaceutical compounding companies like the one that produced the drugs, the New England Compounding Center Inc in Framingham, Massachusetts.