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  • 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.

  • Warwick, Seagal among those who owe Calif. taxes Thursday, 11 Oct 2012 | 8:27 PM ET

    SACRAMENTO, Calif.-- Two celebrities are on a notable list in California, but it's not exactly the A-list. It says Warwick, who now lives in New Jersey, owes California $2.6 million. Technology entrepreneur Halsey Minor, of San Rafael, owes the most to the state _ $10.7 million.

  • LOS ANGELES, Oct 11- The retired space shuttle Endeavour was getting set on Thursday 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.

  • The company raised $637 million by pricing 22.75 million Class A shares, making it the largest tech IPO since Facebook.

  • Shell gets approval for Arctic oil-spill barge Thursday, 11 Oct 2012 | 7:37 PM ET

    ANCHORAGE, Alaska, Oct 11- An oil-spill barge that Royal Dutch Shell Plc needs to support drilling in Arctic waters has regulatory approval, even though it has come too late for this year's operations, officials from the U.S. Coast Guard and Shell said on Thursday.

  • SAN FRANCISCO, Oct 11- Support among likely California voters for Governor Jerry Brown's tax measure on the November ballot has dipped below 50 percent for the first time as they learn more about it and advertising against it takes a toll, according to survey results released on Thursday.

  • AMD shares tumble on dismal outlook Thursday, 11 Oct 2012 | 5:19 PM ET

    SUNNYVALE, Calif.-- Shares of Advanced Micro Devices Inc. fell nearly 8 percent in after-hours trading Thursday after the chipmaker said third-quarter revenue will fall about 10 percent compared to the second quarter because of weaker-than-expected demand across all of its products.

  • Fewer US layoffs no longer suggest strong hiring Thursday, 11 Oct 2012 | 5:07 PM ET

    WASHINGTON-- Declining applications for unemployment benefits have typically pointed to stronger hiring. Since the U.S. recession officially ended in June 2009, fewer layoffs have meant fewer people seeking unemployment aid.

  • 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.

  • Market flatlines, pulled by jobless claims, Europe Thursday, 11 Oct 2012 | 4:30 PM ET

    The Dow Jones industrial average rose as much as 83 points, shrugging off a widening U.S. trade deficit, higher unemployment in Greece and a ratings cut for Spain. "There's not a lot to move the market today," said Erik Davidson, deputy chief investment officer of Wells Fargo Private Bank in San Francisco. "

  • UPDATE 2-Safeway sales miss Street view, shares tumble Thursday, 11 Oct 2012 | 4:09 PM ET

    Oct 11- Safeway Inc, the second-largest U.S. supermarket chain, reported quarterly sales that missed Wall Street's view amid intense competition, and its shares fell more than 3 percent. Traditional grocers like Safeway and Kroger Co have tough competition from Wal-Mart Stores Inc and other retailers and they are fighting for every sale.

  • 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.

  • NEW YORK, Oct 11- Tom Hanks will make his Broadway debut playing a tabloid journalist in "Lucky Guy", a new drama by the late Nora Ephron, producers said in a statement on Thursday.

  • Oct 11- West Coast oil refiners saw only a small dip in operations last week and gasoline inventories were little changed, according to government data that shed little new light on the unprecedented spike in California gasoline prices.

  • San Bruno blast victims press for open hearings Thursday, 11 Oct 2012 | 3:54 PM ET

    SAN FRANCISCO-- Victims of the deadly San Bruno gas pipeline blast urged California regulators Thursday to continue public hearings that will determine the amount of fines levied against Pacific Gas& Electric Co, the pipeline's owner.

  • IPO market shows signs of life with 4 big gains Thursday, 11 Oct 2012 | 3:52 PM ET

    All of the companies _ Realogy, the owner of realty firms Century 21, Coldwell Banker and Corcoran Group; online stock photo provider Shutterstock; Kythera, a developer of shots to treat double chins; and Intercept Pharmaceuticals, which develops drugs for liver diseases _ garnered strong demand from investors.