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  • Court to hear arguments in Calif. clean fuels case Tuesday, 16 Oct 2012 | 4:52 AM ET

    SAN FRANCISCO-- A federal appeals court will hear arguments in a case seeking to stop California's first-in-the-nation mandate requiring petroleum refiners and ethanol producers to make cleaner fuels for millions of cars and trucks in the state.

  • Sprint suitor Son stands apart in sober Japan Tuesday, 16 Oct 2012 | 4:30 AM ET

    The unlikely success story of Softbank Corp. President Masayoshi Son has taken another leap with his latest mega-deal, announced Monday, to take a 70 percent stake in U.S. mobile phone carrier Sprint Nextel Corp. for $20 billion.

  • WD-40 shares drop after quarterly sales disappoint Tuesday, 16 Oct 2012 | 12:51 AM ET

    BOSTON-- Shares of WD-40 Co. tumbled on Tuesday after the maker of spray lubricant and cleaning products reported disappointing quarterly results and a sharp decline in sales to European customers.

  • DreamWorks Animation SKG founders donate $90M Tuesday, 16 Oct 2012 | 12:31 AM ET

    LOS ANGELES-- The founders of the studio behind "Shrek," "Madagascar" and "Kung Fu Panda" are donating $90 million to a Hollywood charity that offers support to seniors and health services for members of the entertainment industry.

  • Former Sen. Mitchell to lead PG&E pipeline talks Monday, 15 Oct 2012 | 7:52 PM ET

    SAN FRANCISCO-- A former U.S. senator who helped negotiate a peace treaty in Northern Ireland has been appointed to help California energy regulators and Pacific Gas& Electric reach a settlement over a pipeline explosion that killed eight people, the two sides announced Monday.

  • Family seeks answers after death at tuna plant Monday, 15 Oct 2012 | 7:19 PM ET

    SANTA FE SPRINGS, Calif.-- Workplace safety investigators and a grieving family on Monday searched for an explanation of how a worker was cooked to death at a Bumble Bee tuna processing plant.

  • Calif. home prices rise in September; sales fall Monday, 15 Oct 2012 | 6:40 PM ET

    SAN DIEGO-- California home prices rose in September to a four-year high as the supply of properties for sale remained tight, according to surveys released Monday. The median price for new and existing houses and condominiums in California reached $287,000, up 15.3 percent from $249,000 in September 2011, DataQuick said.

  • DOJ investigates Bridgepoint Education Monday, 15 Oct 2012 | 6:10 PM ET

    The Justice Department is investigating compensation paid to Bridgepoint Education Inc.' s admissions staff, the for-profit education company disclosed in a regulatory filing Monday. Bridgepoint, based in San Diego, operates schools such as Ashford University and University of the Rockies.

  • Pacific Premier buying First Associations Bank Monday, 15 Oct 2012 | 5:33 PM ET

    COSTA MESA, Calif.-- Pacific Premier Bancorp. Inc. said Monday that it agreed to buy First Associations Bank in a deal valued at $53.7 million. First Associations had $356.2 million in assets and $305.5 million in deposits as of Sept. 30.

  • 'Taken 2' repeats at No. 1 with $21.9M weekend Monday, 15 Oct 2012 | 5:26 PM ET

    2. "Argo," Warner Bros., $19,458,109, 3,232 locations, $6,020 average, $19,458,109, one week. 4. " Hotel Transylvania," Sony, $17,241,317, 3,375 locations, $5,109 average, $102,133,934, three weeks. 5. "Here Comes the Boom," Sony, $11,816,596, 3,014 locations, $3,921 average, $11,816,596, one week.

  • WD-40's fiscal 4Q profit below expectations Monday, 15 Oct 2012 | 5:20 PM ET

    SAN DIEGO-- WD-40 Co. said its fiscal fourth-quarter profit dropped 11.9 percent because sales in Europe slipped as customers delayed buying its lubricant and cleaning products. WD-40 makes its namesake spray lubricant, along with related cleaning products. WD-40 gets more than half of its sales in the Americas, and about one-third from Europe.

  • ICU Medical 3Q net income jumps 32 percent Monday, 15 Oct 2012 | 5:02 PM ET

    SAN CLEMENTE, Calif.-- ICU Medical Inc. said Monday that its net income climbed 32 percent in the third quarter on more sales of infusion therapy and cancer treatment products. Net income rose to $12.2 million, or 82 cents per share, from $9.3 million, or 65 cents per share, a year ago. Shares of ICU Medical rose 75 cents to close at $59.96.

  • Family seeks answers after death at seafood plant Monday, 15 Oct 2012 | 4:45 PM ET

    SANTA FE SPRINGS, Calif.-- Workplace safety investigators and a grieving family on Monday searched for an explanation of how a pallet jack operator was cooked to death at a Bumble Bee Foods seafood processing plant.

  • FDA accepts DepoMed's hot-flash drug for review Monday, 15 Oct 2012 | 3:27 PM ET

    MENLO PARK, Calif.-- The Food and Drug Administration will review DepoMed Inc.' s potential treatment for menopausal hot flashes and may decide its fate by next spring. DepoMed, based in Menlo Park, Calif., said Monday that the FDA accepted Serada for a standard review and aims to complete its evaluation by May 31.

  • Bay area home price rises to 4-year high Monday, 15 Oct 2012 | 1:23 PM ET

    SAN DIEGO-- Home prices in the San Francisco Bay area have risen to their highest level in four years. The San Diego research firm DataQuick reports Monday that the median price for Bay area homes last month was $429,000. It's also $139,000 higher than the mid-2009 low.

  • Study: Privatized Medicare would raise premiums Monday, 15 Oct 2012 | 1:07 PM ET

    WASHINGTON-- Nearly six in 10 Medicare recipients would pay higher premiums under a hypothetical privatized system along the lines of what Republican presidential candidate Mitt Romney has proposed, according to a study released Monday.

  • 3M launches tender offer for Ceradyne deal Monday, 15 Oct 2012 | 11:11 AM ET

    ST. PAUL, Minn.-- A 3 M Co. subsidiary launched a tender offer Monday for all outstanding shares of common stock of Ceradyne Inc. as part of the office supply company's plan to buy the ceramic components maker. 3 M, which makes Post-It notes and other products, announced in September that it was buying Ceradyne for $847 million.

  • Landowners on border say they were shortchanged Monday, 15 Oct 2012 | 9:51 AM ET

    BROWNSVILLE, Texas-- When the federal government began seizing private land along the U.S.- Mexico border to build a towering fence, Teofilo Flores was offered $1,650 for a slice of his backyard. And another nearby farmer pocketed $1 million in exchange for his cooperation.

  • FDA accepts Depomed's hot flash drug for review Monday, 15 Oct 2012 | 9:23 AM ET

    MENLO PARK, Calif.-- The Food and Drug Administration will review Depomed Inc.' s potential treatment for menopausal hot flashes and may decide its fate by next spring. Depomed, based in Menlo Park, Calif., said Monday that the FDA accepted Serada for a standard review and aims to complete its evaluation by May 31.

  • Charles Schwab agrees to buy smaller money manager Monday, 15 Oct 2012 | 9:17 AM ET

    SAN FRANCISCO-- The Charles Schwab Corp. has agreed to acquire dividend income specialist ThomasPartners Inc. for an upfront payment of $85 million, plus additional payments if the smaller company can attract more investors. It had $2.3 billion under management as of Sept. 30, mostly in growth-oriented stocks that pay dividends.