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Top News & Analysis California

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  • Calif. gov. takes action as gas prices keep rising Monday, 8 Oct 2012 | 3:41 AM ET

    Jerry Brown is taking action in an effort to drive down the cost of gasoline as California drivers cope with record-breaking prices at the pump. Due to a temporary reduction in supply, California gas prices in recent days have surpassed those in Hawaii to become the highest in the nation.

  • Gannett extends negotiation deadline with Dish Monday, 8 Oct 2012 | 3:38 AM ET

    Oct 8- Gannett Co Inc and Dish Network Corp have agreed to extend their negotiation deadline by several hours to reach a deal over fees that involve the satellite TV provider's controversial digital video recorder. "In order to provide additional time to reach a deal, both sides have agreed to extend the deadline by several hours," Gannett said in a statement.

  • PRESS DIGEST-New York Times business news - Oct 8 Monday, 8 Oct 2012 | 2:22 AM ET

    Oct 8- The following are the top stories on the New York Times business pages on Monday. *The recall of 268,000 CR-V crossovers in the United States announced on Saturday was Honda Motor's third recall for the week.

  • More pain at pump as Calif. gas prices rise again Monday, 8 Oct 2012 | 12:49 AM ET

    LOS ANGELES-- The statewide average price for a gallon of regular gasoline in California rose to an all-time high Monday, the third record-setting day in a row that is prompting calls for a federal investigation into the price spike.

  • Oct 8- Two veteran broker teams from Bank of America's Merrill Lynch have departed for rival firms Morgan Stanley Wealth Management and Wells Fargo Advisors, according to sources with knowledge of the moves.

  • BANGALORE, Oct 8- Shopping in a U.S. department store? It's called Big Data, and although much of the work is done in the United States, India is getting an increasing slice of the action, re-energising an IT sector whose growth has begun to falter. "There are hundreds of boutiques in India right now.

  • UPDATE 1-SpaceX rocket blasts off for space station Sunday, 7 Oct 2012 | 10:55 PM ET

    CAPE CANAVERAL, Fla., Oct 7- An unmanned, privately owned Falcon 9 rocket and Dragon cargo capsule blasted off from Cape Canaveral on Sunday on a mission to restore a U.S. supply line to the International Space Station after the retirement of the space shuttle.

  • SpaceX rocket blasts off for space station Sunday, 7 Oct 2012 | 9:33 PM ET

    CAPE CANAVERAL, Fla. Oct. 7- An unmanned, privately owned Falcon 9 rocket and Dragon cargo capsule blasted off from Cape Canaveral on Sunday on a mission to restore a U.S. supply line to the International Space Station after the retirement of the space shuttle.

  • HONG KONG, Oct 8- Hong Kong shares are set to extend a five-session gaining streak on Monday helped by a higher open in Chinese markets that resume trading after a week-long holiday.

  • PRESS DIGEST - British business - Oct 8 Sunday, 7 Oct 2012 | 8:42 PM ET

    Seven global electricity and nuclear technology companies are threatening on Monday to withdraw plans for hundreds of millions of pounds of future investment in Britain because of attempts by George Osborne to water down the government's green commitments.

  • *Most news cases in Michigan. The widening outbreak has alarmed U.S. health officials and focused attention on regulations of pharmaceutical compounding companies like the one that produced the drugs, the New England Compounding Center Inc in Framingham, Massachusetts.

  • *Only 2 points behind in Reuters/ Ipsos poll. PORT ST. LUCIE, Fla., Oct 7- Mitt Romney appeared on Sunday to have halted his perilous slide in the polls and is back to running a close race with President Barack Obama as he prepares a new assault on the Democrat over foreign policy.

  • BANGALORE, Oct 8- Shopping in a U.S. department store? It's called Big Data, and although much of the work is done in the United States, India is getting an increasing slice of the action, re-energising an IT sector whose growth has begun to falter. "There are hundreds of boutiques in India right now.

  • Calif. gas prices hit record high 2nd straight day Sunday, 7 Oct 2012 | 4:32 PM ET

    LOS ANGELES-- California motorists faced another day of record-breaking gasoline prices Sunday, though relief appeared to be on the way. Jerry Brown ordered state smog regulators Sunday to allow winter-blend gasoline to be sold in California earlier than usual to help drive prices down.

  • Oct 7- The average price for a gallon of gasoline in the United States rose less than half a cent over the past two weeks, masking a decline in most regions and a sharp spike in California prices, according to a widely followed survey. Gasoline prices averaged $3.8375 on Oct. 5, up from $3.8338 on Sept. 21, Trilby Lundberg, editor of the Lundberg Survey, said on Sunday.

  • *Most news cases in Michigan. The widening outbreak has alarmed U.S. health officials and focused attention on regulations of pharmaceutical compounding companies like the one that produced the drugs, the New England Compounding Center Inc in Framingham, Massachusetts.

  • Neeson doubles the take with $50M 'Taken 2' debut Sunday, 7 Oct 2012 | 3:07 PM ET

    LOS ANGELES-- Critics don't like "Taken 2," but Liam Neeson's action sequel has proved twice the hit among fans as the original movie was. "Taken" went on to become a $145 million smash for Neeson, the Academy Award-nominated star of " Schindler's List" who has become an unlikely action hero in his 50 s.

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    California motorists faced another day of record-breaking gasoline prices Sunday, though relief appeared to be on the way.

  • LOS ANGELES, Oct 7- Liam Neeson thriller "Taken 2" captured the No. 1 spot on movie box office charts over the weekend with a brawny $50 million take from theaters in the United States and Canada.

  • The sequel starring Liam Neeson as a former CIA agent who gets captured in Istanbul pushed last weekend's winner, family flick " Hotel Transylvania," to second place. "Taken 2" was released by 20th Century Fox, a unit of News Corp. Sony Corp's movie studio distributed " Hotel Transylvania."