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Top News & Analysis California

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  • FEATURE-Asia's virtual masters eye Zynga's real lunch Thursday, 4 Oct 2012 | 1:00 AM ET

    SAN FRANCISCO, Oct 4- A decade ago, a developer from Korean gamemaker Nexon threw a few lines of code together to create an image of a flower to present to his girlfriend, buying himself more videogame time as she sat impatiently by his side at an Internet cafe.

  • DETROIT, Oct 4- Tesla Motors Inc Chief Executive Elon Musk dismissed fears the electric carmaker was in financial trouble and said it was making an advance payment on the federal loan used to make its Model S sedan.

  • TEXT-S&P rates LIN TV senior unsecured notes Thursday, 4 Oct 2012 | 12:51 AM ET

    --The company plans to issue $290 million of senior unsecured notes to partially finance this acquisition.

  • Barclays announced a shake up at its investment banking business aimed at streamlining the business in the face of a more challenging outlook for the industry. Wells Fargo's international group named Christopher Lewis as executive vice-president and head of global trade services.

  • Wal-Mart sued in Fla. by workers over gender bias Thursday, 4 Oct 2012 | 12:30 AM ET

    MIAMI-- Three female Wal-Mart Stores Inc. employees have filed a lawsuit in South Florida claiming the retail giant discriminates against women in areas such as wages and promotion opportunities.

  • S&P revises Rural/Metro outlook to negative Thursday, 4 Oct 2012 | 12:26 AM ET

    --U.S. emergency transport services provider Rural/Metro announced very weak EBITDA for the June 2012 quarter, well below our expectations, driven by a significant charge for uncollectible receivables. --Cash flow is also negative for fiscal-year 2012, whereas we had been expecting modest positive cash flow.

  • Rush, Public Enemy among Rock Hall of Fame noms Thursday, 4 Oct 2012 | 12:20 AM ET

    They join returnees Heart, Joan Jett and the Blackhearts, Randy Newman, Donna Summer and Kraftwerk among the 15 artists vying for entry.

  • 'Frankenweenie' joins reanimation of stop-motion Thursday, 4 Oct 2012 | 12:17 AM ET

    LOS ANGELES-- As far as Tim Burton's concerned, you can't keep a good dog down. And you can't keep a good, old-fashioned form of animation down, either.

  • PETA protests injury to whale at SeaWorld San Diego Wednesday, 3 Oct 2012 | 10:29 PM ET

    *SeaWorld disputes claim injury inflicted by another whale. *In protest, animal rights group calls for SeaWorld boycott. "We are encouraging the public to boycott SeaWorld over their treatment of these killer whales, which results in injuries to the animals and to the trainers," said Matt Bruce, a local spokesman for the animal rights group.

  • California wades into national labor debate Wednesday, 3 Oct 2012 | 6:59 PM ET

    The battle over Proposition 32 on the November ballot follows conflicts in Wisconsin, Ohio, Indiana and elsewhere where efforts to dilute the strength of organized labor have produced political tumult, a flood of TV ads and widespread demonstrations.

  • UPDATE 2-Chip gear maker Applied Materials to cut jobs Wednesday, 3 Oct 2012 | 6:39 PM ET

    Oct 3- Applied Materials Inc said it would cut its workforce by 6 to 9 percent to reduce costs as it struggles with a slowdown in its chip manufacturing equipment business and troubles at its solar and display groups.

  • *Lawyer to amend suit, file new charges with California authorities. *New twist in case that shook up Silicon Valley. SAN FRANCISCO, Oct 3- A sexual harassment lawsuit that rocked Silicon Valley has taken another turn, with the Kleiner Perkins Caufield& Byers partner who filed the suit saying the firm told her on Monday to "leave and not come back."

  • NuVasive cuts 3Q revenue outlook and stock sinks Wednesday, 3 Oct 2012 | 6:13 PM ET

    NEW YORK-- Orthopedic device maker NuVasive Inc. forecast disappointing third-quarter revenue on Wednesday, and its shares plunged in after-hours trading. NuVasive said it expects about $147 million in revenue in the third quarter. Shares of NuVasive dropped $5.63, or 24.9 percent, to $16.99 in late trading.

  • UPDATE 1-Chip gear maker Applied Materials to cut jobs Wednesday, 3 Oct 2012 | 5:40 PM ET

    Oct 3- Applied Materials Inc said it would cut its workforce by between 6 percent and 9 percent to reduce costs as it struggles with a slowdown in its chip manufacturing equipment business and troubles at its solar and display groups.

  • US gas prices trickle lower except on coasts Wednesday, 3 Oct 2012 | 5:12 PM ET

    Motorists in California paid an average of $4.232 per gallon Wednesday. That's 45 cents higher than the national average and exceeded only by Hawaii among the 50 states. Prices in New York, Connecticut and New Hampshire are at or near highs for the year.

  • SAN FRANCISCO, Oct 3- Venture capitalist Ben Horowitz is famous for starting his blog posts with rap lyrics. His firm, Andreessen Horowitz, announced Wednesday a $15 million investment in Rap Genius, a website using crowdsourcing to dig into and explain arcane details of rap lyrics.

  • US cities with the highest and lowest unemployment Wednesday, 3 Oct 2012 | 4:13 PM ET
  • Oct 3- RBC Wealth Management, a division of the Royal Bank of Canada, has expanded its broker force in Colorado with a veteran team of advisers from Bank of America's Merrill Lynch.

  • Unemployment rates in August for Western US cities Wednesday, 3 Oct 2012 | 3:43 PM ET
  • SAN FRANCISCO, Oct 3- Facebook Inc is letting users in the United States pay a fee to boost the visibility of their postings on the social network, the company's latest effort to look beyond advertisers for revenue.