Top News & Analysis California


  • Olsen Cruise Lines ship docked at Norfolk, Virginia, U.S. health officials and the company said on Friday. The norovirus outbreak took place aboard the Britain- based line's Balmoral during a transatlantic cruise, the Centers for Disease Control and Prevention said in a statement. Most of the passengers were from Britain, it said.

  • NEW YORK— Whole Foods is prepping for the launch of its hipster new grocery chain. But Jeff Turnas, president of 365 at Whole Foods, said in an interview this week that there are no plans for tattoo parlors to date, and that he doubts that there will be. Even if a tattoo parlor isn't likely, Turnas said the idea reflects the culture of Whole Foods employees.

  • The complaint targets some of T. Rowe Price's most popular funds, including its $31 billion Blue Chip Growth Fund, according to documents filed in U.S. District Court in Oakland, California. The company, for example, is accused of charging up to 69 percent more in management fees on its Blue Chip Growth Fund than what it charges as a subadviser on similar funds for...

  • Titan Pharmaceuticals Inc and privately owned Braeburn Pharmaceuticals have together developed a matchstick-sized implant that analysts expect will be approved next month, despite mixed reviews. The market for the implant could also be much bigger than first envisaged should a bill gaining bipartisan support on Capitol Hill become law.

  • NEW YORK— Drug maker Sanofi says it is still committed to its $9.3 billion acquisition offer for Medivation, even though the pharmaceutical firm has rejected its bid. Sanofi has offered $52.50 per Medivation share. Sanofi said that even though San Francisco- based Medivation has chosen to not engage in talks, it is still focused on the combination and will go...

  • HOUSTON, April 29- Oil and gas producer Chevron Corp on Friday posted an adjusted profit that fell short of Wall Street's expectations, as its cost cuts failed to fully offset low crude prices and weak refining margins. John Watson, Chevron's chief executive, said the focus of the San Ramon, California- based company's is boosting cash flow, which dropped more than...

  • CORONA, Calif. _ Monster Beverage Corp. on Friday reported first-quarter net income of $163.9 million. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of 75 cents per share. Monster Beverage shares have dropped 14 percent since the beginning of the year, while the Standard& Poor's 500 index has risen roughly 2...

  • SAN JOSE, Calif.— Police: Older of 2 sons charged with murdering parents in California confessed to shooting dad.

  • IRVINE, Calif. _ Ingram Micro Inc. on Friday reported first-quarter net income of $1.9 million. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 55 cents per share. Ingram Micro shares have risen 16 percent since the beginning of the year.

  • SANTA CLARA, Calif. _ Rovi Corp. on Friday reported a loss of $17.7 million in its first quarter. Rovi expects full-year earnings in the range of $1.35 to $1.65 per share, with revenue in the range of $490 million to $520 million. Rovi shares have increased 4 percent since the beginning of the year.

  • NEW YORK— Digital TV listing company Rovi is buying TiVo in a cash-and-stock deal valued at about $1.1 billion. Rovi Corp. said Friday that it will pay $10.70 in cash and stock for each TiVo Inc. share. The transaction will add more than 10 million TiVo- served households to Rovi's current customer base of about 18 million households using its guides globally.

  • V.F. Corp., the owner of the Vans brand, said white Vans that were shipped to stores sold out as the online video was viewed by millions of people. The video, posted on social media app Snapchat in February, was made by California high school students Daniel Lara and Josh Holz. Before the praise, the company warned listeners of the conference call, mostly made up of...

  • WATSONVILLE, Calif. _ Granite Construction Inc. on Friday reported a loss of $11.2 million in its first quarter. The average estimate of five analysts surveyed by Zacks Investment Research was for a loss of 12 cents per share. Granite Construction shares have increased 6 percent since the beginning of the year.

  • ALISO VIEJO, Calif. _ The New Home Co. on Friday reported a first-quarter loss of $814,000, after reporting a profit in the same period a year earlier. On a per-share basis, the Aliso Viejo, California- based company said it had a loss of 4 cents. Keywords: New Home Co., Earnings Report.

  • Apple employee died from self-inflicted gunshot wound

    Police say the Medical Examiner determined the manner of death was suicide and the cause was a gunshot to the head.

  • Les Moonves

    CBS's executives are considering how they can gain more control over the broadcaster after Sumner Redstone dies, or if he is declared incompetent.

  • Aedes aegypti mosquitos are seen in a lab at the Fiocruz institute on January 26, 2016 in Recife, Pernambuco state, Brazil.

    Quest Diagnostics said it has received emergency authorization from U.S. regulators to sell the first commercially developed diagnostic test for Zika.

  • Apple Headquarters in Cupertino, California

    The Apple employee found dead at the company's California headquarters died of a self-inflicted gunshot to the head, police said on Thursday.

  • *Comes despite China's efforts to control speculative trading. MANILA/ SHANGHAI, April 29- Commodity futures linked to China's vast steel sector rebounded sharply on Friday, led by iron ore and rebar, as robust construction demand spurred buying even as the country's regulator ordered exchanges to rein in speculative trading. Big bets on Chinese commodities...

  • PARIS— Sanofi says drugs sales in emerging markets helped keep its profits stable in the first quarter despite losses caused by Venezuela's collapsing currency. With early efforts for a Zika vaccine and several other drugs in the pipeline, Sanofi is trying to expand its cancer treatments with a $9.3- billion bid for San Francisco's Medivation Inc. CEO...