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Top News & Analysis California

  • Prominent short-seller David Einhorn raised eyebrows last month when he popped up on Twitter to disavow that he had tweeted about Herbalife.

  • 8-ways-to-avoid-financial-abuse-paper-trail.jpg

    The U.S. government's civil fraud lawsuit against S&P relies heavily on emails in which employees voiced doubts about the integrity of the agency's ratings. But S&P may still come out on top.

  • German hedge fund manager Florian Homm, who had been a fugitive for more than five years, was arrested in Italy on U.S. fraud charges, according to a statement from the U.S. attorney's office in Los Angeles.

  • The U.S. Federal Reserve is considering jettisoning a plan to eventually sell off the massive haul of bonds it is now buying, a politically defensive strategy that would have the added benefit of supporting the economy for years to come.

  • Apple has held talks with Beats Electronics on a potential partnership involving Beats' planned music-streaming service, three people familiar with the situation told Reuters.

  • Malibu, Calif.

    The city of Malibu, Calif. plans to raise money by licensing its image for a broad array of Malibu-branded products.

  • Yahoo said its app for Blackberry smartphones would no longer be available for download, or supported by Yahoo, as of April 1.

  • A judge threw out part of the $1 billion verdict for Apple in its patent battle with Samsung and ordered a new trial.

  • China Vanke, the country's biggest real estate developer, said it's looking to extend its foreign investment drive beyond the high-end U.S. market, as Beijing weighs new measures to cool mainland property prices.

  • The latest research busts some everyday beliefs about handling our money that even the smartest of savers may believe.

  • US Wine Exports Hit New Record

    Wine is the one thing California does right. CNBC's Jane Wells reports on new record numbers for wine exports.

  • California: Next Oil Frontier?

    The Energy Department says California's Monterey Shale has 15 million barrels of retrievable oil, reports CNBC's Jane Wells; and Keith McCullough, Hedgeye Risk Management; and CNBC contributors Keith Boykin and James Pethokoukis, weigh in.

  • Looking For California's 'Black Gold'

    If 15 billion barrels of potentially crude oil can be found beneath the earth, California could become the nation's next oil frontier, reports CNBC's Jane Wells.

  • New mortgage rules from the Consumer Financial Protection Bureau will make borrowing tougher for the self-employed and home buyers seeking larger loans.

  • Fewer borrowers are getting into trouble, but an enormous backlog of distress is still moving through the foreclosure system.

  • They say that happy cows come from California. They just got happier.

  • Homeowners who took on mortgages well after the housing bubble burst are doing a better job in keeping up with payments, a trend that has helped push the national rate of late payments on home loans to the lowest level in four years.

  • An Apple iPad 2 and iPhone 4S smartphone, left, and a Samsung Electronics Galaxy Tab 10.1 tablet computer and Galaxy S III smartphone.

    Samsung starts gaining market share, hurting Apple Inc's margins and stock price and threatening its reign as the king of cool in consumer electronics.

  • Eric Schmidt

    Google Executive Chairman Eric Schmidt is selling roughly 42 percent of his stake in the Internet search company, a move that could potentially net the former chief executive a $2.51 billion windfall.

  • By joining a union, marijuana workers could have more sway in pressing for higher pay and benefits such as healthcare. Some legal marijuana retailers welcome the prospect of a unionized workforce - for now, at least.