A week of sub-freezing temperatures has damaged California's citrus crop, but it will take several weeks to quantify losses, industry officials said.» Read More
NEW YORK, Dec 12- California's Obamacare insurance marketplace experienced a surge in enrollment last week, officials said on Thursday, offering welcome news for President Barack Obama's sweeping healthcare law from a state crucial to its success. At that rate, California would meet its 2013 enrollment target.
WASHINGTON, Dec 12- U.S. House of Representatives Speaker John Boehner erupted in anger at conservative groups who oppose a rare bipartisan two-year budget deal on Thursday as lawmakers prepared to vote on the measure in the lower house.
In Phoenix, where house prices have risen more than 40 percent in less than two years, pending sales fell 32 percent in October, while the number of months of supply is up 111 percent from May. In Sacramento, the October figures are equally grim, with year-on-year supply up 93 percent and sales down 20 percent.
Six companies began trading Thursday, including hotelier Hilton Worldwide Holdings Inc., which raised $2.35 billion, and cafeteria and concession stand operator Aramark Holdings Corp., which raised $725 million. The company, which is based in Norcross, Ga., raised $142.1 million, pricing 10.5 million shares at $13.50 each.
The bill, introduced by Dianne Feinstein, a California Democrat; Tom Coburn, an Oklahoma Republican; and eight cosponsors, faces an uphill battle as many lawmakers from agricultural states support the Renewable Fuel Standard that dictates rising volumes of ethanol made from grains, including corn, be blended into motor fuel.
Dec 12- Insurer American International Group is in talks to sell its jet-leasing finance business to AerCap Holdings NV, Bloomberg reported, citing people with knowledge of the matter. Netherlands- based AerCap, the world's largest independent aircraft lessor, may team up with other bidders for International Lease Finance Corp, Bloomberg reported.
WASHINGTON, Dec 12- A group of 10 U.S.
WASHINGTON, Dec 12- A group of 10 U.S. Senators introduced a bipartisan bill on Thursday to eliminate the corn ethanol mandate, arguing that current law pushes up the cost of food and animal feed and damages the environment.
Representatives for the transit agency and the SEIU Local 1021 and ATU Local 1555 say they will meet on Thursday and Friday about a disputed Family Medical Leave Act provision that was stripped out of a contract the BART board approved last month.
EXETER, Calif.-- California citrus growers have agreed to hold off packing fruit for two days to let state and county inspectors survey crop damage caused by a seven-day cold spell. California Citrus Mutual says growers will wait to pack fruit harvested on or after Wednesday to facilitate inspections at 81 packinghouses in the Central Valley.
SACRAMENTO, Calif.-- California Assembly Speaker John Perez pledged Wednesday to cautiously begin restoring funding to some social programs that were slashed during the recession and said lawmakers will ask voters to approve a revised rainy day fund on the November 2014 ballot.
SACRAMENTO, Calif.-- More than 107,000 Californians have enrolled for coverage through Nov. 30 under the state's health insurance exchange, according to figures released Wednesday by the federal Health and Human Services Department. Then, 221,000 enrollments were forecast for California by Nov. 30.
LOS ANGELES, Dec 12- A weeklong blast of sub-freezing temperatures across California has damaged the state's $2 billion citrus crop, but it will take several weeks before the extent of the loss is quantified, agricultural industry officials said on Wednesday.
TAIPEI/ SAN FRANCISCO, Dec 12- Apple Inc sent medical experts to the Shanghai factory of contractor Pegatron Corp, who concluded that working conditions did not lead to the death from pneumonia of a 15- year-old boy who had lied to gain employment.
Lenders initiated foreclosure action against 52,826 U.S. homes in November, down 10 percent from the previous month and a drop of 32 percent from November last year, according to new data from foreclosure listing firm RealtyTrac Inc.. Foreclosure starts increased last month on an annual basis in 15 states, including Pennsylvania, Delaware, Maryland and Oregon.
SEOUL, Dec 12- Samsung Electronics Co Ltd on Thursday lost its bid to ban sales of Apple Inc's older iPhone and iPad in South Korea after a court dismissed a lawsuit claiming the U.S. firm had infringed on three of Samsung's mobile patents.
Dec 11- Boeing's Seattle- area machinists union made a preliminary proposal for a contract that would allow the new 777 X jetliner to be built in Washington state, where the current 777 is built.
SEOUL, Dec 12- Samsung Electronics Co Ltd on Thursday lost its bid to ban sales of Apple Inc's older iPhone and iPad in South Korea, as a court dismissed a lawsuit claiming the U.S. firm had infringed three of Samsung's mobile patents.
LOS ANGELES, Dec 12- Chevron Corp raised the cost of its giant Gorgon liquefied natural gas project in Australia by $2 billion on Wednesday, the second increase in just over a year to take the total cost to $54 billion.
WASHINGTON, Dec 11- In the crucial minutes before an Asiana Airlines flight crashed in San Francisco last summer, the pilots voiced concern about the plane's low speed but did nothing to correct it until just before it hit the ground.