Top News & Analysis California

  • Outside groups have spent about $60 million trying to help GOP candidates since June 1 and about $49 million trying to help out Democratic candidates, according the Sunlight Foundation.

  • The Treasury Department formally designated MS-13, or Mara Salvatrucha, a transnational criminal organization.

  • SACRAMENTO, Calif.-- After returning to the governor's office, Jerry Brown criticized a political culture he said lacked a common purpose and warned of a "war of all against all" unless the sniping camps learned to compromise and fix California's persistent budget problems.

  • LOS ANGELES, Oct 12- The retired space shuttle Endeavour set off on Friday for a road trip unlike any of its previous journeys, one in which it will crawl through the streets of Los Angeles instead of hurtling through space.

  • SAN FRANCISCO-- IBM Corp.' s third-quarter results are expected to extend the technology company's nearly decade-long streak of earnings growth. That provides IBM with some insulation from the economic uncertainty that has made it tougher for other technology companies to close deals, particularly in Europe and in China, in recent months.

  • SINGAPORE, Oct 12- The Asian naphtha price and margins ended the week at a three-session low of $985 a tonne and $123.03 a tonne respectively to mirror the fall in European values as gasoline demand softened. "The fall in margins today was a reflection of the gasoline market in Europe," said a Singapore- based trader.

  • TOKYO, Oct 12- Softbank Corp chief Masayoshi Son told reporters last week he decided to buy a smaller rival for $1.84 billion on an impulse- small change for someone who Forbes estimates lost $18 billion in the dotcom bust, but an unusual move in staid Japan.

  • NEW YORK-- Workday has raised $637 million from its initial public offering of approximately 22.8 million shares. The company, which provides remote storage applications for human resources and finance, said Friday that it priced the IPO at $28 per share, which is above the projected range of $24 to $26 a piece.

  • *Softbank shares down as much as 17 pct in Tokyo* Softbank and Sprint have confirmed in talks* Broker warns of "unacceptable" gearing levels.

  • LOS ANGELES, Oct 12- The retired space shuttle Endeavour sets off on Friday for a road trip unlike any of its previous journeys, one that will see it crawl through the streets of Los Angeles instead of hurtling through the solitary reaches of space.

  • FREMONT, Calif.-- IGate beat third-quarter profit beat market expectations on better margins, but the information technology company said Friday that delays in contract renewals has slowed revenue growth. Shares of IGate Corp. fell 17 cents to $17.65 by midday, in line with broader market trends.

  • The Pleasanton, California- based company, considered a leader in the cloud computing sector, opened New York Stock Exchange trading at $48.05 and reached as high as $49.21 after pricing shares above the expected range at $28.00. Duffield and Bhusri left PeopleSoft following its acquisition by Oracle Corp in 2004..

  • SUNNYVALE, Calif.-- Radiation therapy system maker Accuray said Friday that healthcare executive Joshua Levine will be its new CEO, replacing Euan Thomson, its head for the past decade. Thomson had been Accuray's president and CEO since 2002. He also resigned from its board of directors. Accuray said that Thomson will likely consult for the company.

  • The Pleasanton, California- based company, considered a leader in the cloud computing sector, opened New York Stock Exchange trading at $48.05 and reached as high as $49.21 after pricing shares above the expected range at $28.00. Duffield and Bhusri left PeopleSoft following its acquisition by Oracle Corp in 2004..

  • LOS ANGELES, Oct 12- The retired space shuttle Endeavour set off on Friday for a trip unlike any of its previous journeys, one in which it will crawl through the streets of Los Angeles instead of hurtling through space.

  • TOKYO, Oct 12- Japanese wireless service provider Softbank Corp is in talks with three major Japanese banks to borrow $23 billion to finance a bid for U.S. operator Sprint Nextel Corp, sources with direct knowledge of the matter told Reuters on Friday.

  • Oct 11- California's refiners increased their stockpiles of gasoline by more than 5 percent last week, despite a drop in production that fuelled an unprecedented spike in prices, state data showed on Thursday.

  • The new system reflects a more inclusive approach to compiling the most popular singles in the United States. From Thursday, airplay data will be compiled from more than 1,200 radio stations across the United States under a formula that recognizes and rewards cross-over artists, such as country-pop singer Taylor Swift.

  • OAKLAND, Calif., Oct. 11- The city of Oakland has sued to block U.S. authorities from closing down a medical marijuana dispensary that bills itself as the world's largest, marking the latest clash with federal authorities over California's cannabis industry.

  • WASHINGTON, Oct 11- The number of Americans filing new claims for jobless benefits slid last week to the lowest level in more than four and a half years, according to government data that may provide a boost to President Barack Obama a month before voters go to the polls.