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  • SACRAMENTO, Calif., Oct 1- The judge presiding over the Stockton, California, bankruptcy case said on Wednesday that he will wait until late October to make a final ruling over whether the city can exit bankruptcy. In that case, the city's pension plans have agreed to accept benefit reductions, but the Detroit bankruptcy is not yet resolved. "This ruling is not legally...

  • Oct 1- The judge presiding over the Stockton, Calif., bankruptcy case said he will wait until late October to make a final ruling over whether the city can exit bankruptcy. Bankruptcy Judge Christopher Klein said late on Wednesday afternoon that he was "not in a position to make a decision right now, in light of everything said today," and scheduled a new hearing for Oct....

  • Oct 1- Satellite radio provider Sirius XM Holdings Inc will appeal a California federal judge's decision finding it liable of copyright infringement for airing pre-1972 songs by the band, The Turtles, and failing to pay royalties. District Judge Philip Gutierrez found that California law gave the 1960 s band copyright protection for its music, including the...

  • JUDGE IN STOCKTON, CALIF., BANKRUPTCY WILL RULE ON WHETHER CITY CAN EXIT CHAPTER 9 IN LATE OCTOBER.

  • Oct 1- The California Public Employees' Retirement System, or Calpers, on Wednesday said it disagreed with a U.S. bankruptcy judge's ruling that Stockton, California, could impair worker pensions as part of the city's proposed financial restructuring. "This ruling is not legally binding on any of the parties in the Stockton case or as precedent in any other...

  • Judge rules against Calpers in Stockton bankruptcy Wednesday, 1 Oct 2014 | 5:53 PM ET
    A pedestrian walks by a newspaper rack displaying the headline 'Bankrupt!' last summer in Stockton, Calif.

    The U.S. bankruptcy judge overseeing Stockton, California's municipal bankruptcy trial ruled that Calpers could be forced to absorb losses.

  • Foundation work for new Port of Long Beach bridge Wednesday, 1 Oct 2014 | 5:47 PM ET

    LONG BEACH, Calif.— After extensive preparatory work, construction crews are pouring the foundation of a bridge that will replace an aging span at the Port of Long Beach. The new Gerald Desmond Bridge will help connect the seaports of Long Beach and Los Angeles, which together handle 40 percent of the nation's import trade. The new pilings will be the first visible...

  • Oct 1- A federal jury on Wednesday said Philips Electronics NA should pay $466.8 million to Masimo Corp for having infringed two patents for technology used to help measure blood oxygen and track pulse rates. Shares of Masimo closed 12.9 percent higher, rising $2.74 to $24.02 on the Nasdaq. Jurors in Wilmington, Delaware needed less than a day of deliberations...

  • SACRAMENTO, Calif., Oct 1- The judge overseeing the Stockton, California, bankruptcy on Wednesday ruled the state's huge pension system, Calpers, can be impaired as part of the city's financial restructuring. Bankruptcy Judge Christopher Klein said the city's contract with the California Public Employees' Retirement System could be rejected.

  • Nevada city plans festival to celebrate blue jeans Wednesday, 1 Oct 2014 | 5:08 PM ET

    RENO, Nev.— Nevada tourism officials are planning a three-day festival in Reno next fall to celebrate and promote the city as the birthplace of what became modern blue jeans. "Those of us fortunate to live and work in Reno-Tahoe USA now like to brag,' We have copper rivets in our genes,'" said Chris Baum, CEO of the Reno-Sparks Convention and Visitors Authority.

  • Oct 1- Pacific Investment Management Co suffered a record $23.5 billion of withdrawals from its flagship Pimco Total Return Fund in September, with its largest daily outflow occurring on the day of Bill Gross's surprise resignation from the firm. The Newport Beach, Calif.- based fund manager said the Pimco Total Return Fund, which was run by Gross for 27 years, is "...

  • Oct 1- A federal jury on Wednesday said Philips Electronics NA should pay $466.8 million to Masimo Corp for having infringed two patents for technology used to help measure blood oxygen and track pulse rates. Shares of Masimo closed 12.9 percent higher, rising $2.74 to $24.02 on the Nasdaq. Jurors in Wilmington, Delaware needed less than a day of deliberations...

  • The FCC is planning a so-called incentive auction for mid-2015, a complex sale of highly valuable low-frequency radio airwaves currently used by broadcasters to clamoring wireless carriers.

  • Infant's body found in California trash facility Wednesday, 1 Oct 2014 | 3:50 PM ET

    Sheriff's deputies were called to Advance Disposal Co. in the high desert city of Hesperia, in San Bernardino County, shortly after 8 a.m. Wednesday. Sheriff's spokeswoman Jodi Miller tells KNBC-TV that investigators would like to hear from anyone who knows of a recently pregnant woman who gave birth without going to a hospital. The Victor Valley Daily Press...

  • Facebook apologizes to drag queens for name policy Wednesday, 1 Oct 2014 | 3:40 PM ET

    NEW YORK— Facebook is apologizing to drag queens and the transgender community for deleting accounts that used drag names like Lil Miss Hot Mess rather than legal names such as Bob Smith. The world's biggest online social network caught heat recently when it deleted several hundred accounts belonging to self-described drag queens, other performers and...

  • YOUR MONEY-How to choose the best rehab facility Wednesday, 1 Oct 2014 | 2:37 PM ET

    NEW YORK, Oct 1- This summer, I had the arduous and rushed task of picking a rehabilitation center for my dad, as post-operative complications left him to ill to return home at the time, yet the hospital was keen to discharge him.

  • Vivint, which is controlled by Blackstone Group LP, and SolarCity allow homeowners to lease solar systems rather than buying them outright, helping fuel the growth. SolarCity controls more than a third of the U.S. residential solar market, with Vivint trailing with a 15 percent share.

  • The FCC is planning a so-called incentive auction for mid-2015, a complex sale of highly valuable low-frequency radio airwaves currently used by broadcasters to clamoring wireless carriers.

  • Small businesses scramble to keep top staffers Wednesday, 1 Oct 2014 | 1:27 PM ET

    Love inspires students to keep coming back for more lessons and brings in more than a quarter of the studio's revenue, says Bisconti, owner of a Fred Astaire Dance Studio in Willoughby, Ohio.

  • Drugmaker submits harder-to-abuse Zohydro to FDA Wednesday, 1 Oct 2014 | 1:24 PM ET

    San Diego- based Zogenix said Wednesday that it submitted a Food and Drug Administration application for a new formulation of Zohydro that is designed to be more difficult to snort or inject— two common methods for abusing painkillers.