GoPro is developing its own line of consumer drones with high-definition cameras for launch next year, the Wall Street Journal said.» Read More
LOS ANGELES-- California gas prices finally have begun to fall after a month that saw them surging by nearly 50 cents a gallon _ but a continuing refinery shutdown may keep supplies short. The AAA Daily Fuel Gauge Report says the average price of regular Wednesday is less than $4.67 a gallon, down a half-cent from Tuesday.
LOS ANGELES-- Brian Wilson says he felt blindsided by a news release from his Beach Boys band mate Mike Love that ended the good vibrations on the band's 50th anniversary tour. Wilson answered Mike Love's recent explanation in The Los Angeles Times with a response in the newspaper Tuesday.
Oct 10- Activist investor Clinton Group said it will no longer push for a sale of Wet Seal Inc, which it won control of last week, but will instead focus on turning the apparel retailer around. On Friday, the investment firm managed to get four of its nominees elected to Wet Seal's eight-member board. Wet Seal also named a Clinton Group nominee as chairman on Wednesday.
SAN JOSE, Calif.-- Cypress Semiconductor Corp. said Wednesday that it completed its initial tender offer for shares of chipmaker Ramtron International Corp.. Cypress agreed to buy Colorado Springs, Colo.- based Ramtron in September for $3.10 per share, or a total of about $109.8 million, after lower bids were rebuffed by the company's board.
CARACAS, Venezuela-- A veteran of Venezuela's long-suffering political opposition compared Sunday's presidential election to a soccer game played on a hill. Opposition candidate Henrique Capriles defended a parking lot-sized goal on the downhill half while President Hugo Chavez's team manned a pixie goal on the uphill side, said Ramon Guillermo Aveledo.
Oct 10- Sutter Gold Mining Inc:. *Provides update on mining, construction activities at the Lincoln project,. *Lincoln project is on track for production in Q4 of this year, ramping up to.
CHARLESTON, W.Va.-- The average price at the pump took a big jump in West Virginia this week to $3.90 a gallon. It makes the price of gas in West Virginia almost a dime higher than the national average. While lagging California's $4.67 a gallon average, some pumps in West Virginia are inching up to the $4- a-gallon mark.
NEW YORK-- Safeway Inc. may give investors a glimpse of how the supermarket chain's new loyalty program for shoppers is impacting sales when it reports its third-quarter results Friday.
GRAPEVINE, Texas-- Spirit Airlines Inc. on Dec. 1 will open a flight attendant and pilot crew base at Dallas-Fort Worth International Airport as it expands operations in Texas. The low cost carrier also plans an open house in Dallas for potential flight attendants.
Oct 10- Toys R Us Inc said it will open toy departments in 24 Macy's Inc stores this holiday season as the world's largest specialty toy retailer looks to reach more shoppers in the biggest selling season of the year.
SALT LAKE CITY-- Gas prices are going down in Utah, just as they are in 30 other states. AAA reports Tuesday that the average price of gas in Utah is $3.75 per gallon. Prices in Ogden and Salt Lake City are the lowest in the state at $3.71 per gallon, while prices in Moab and St. George are the highest at $3.86 per gallon.
LAS VEGAS-- Nevada's average gas price is $3.93 per gallon after northern city prices shot up in line with California and southern cities trailed far behind. AAA says Tuesday that some northern Nevada metropolitan areas supplied by California saw their fuel prices jump 24 cents in a single week.
Oct 10- Clothing retailer Wet Seal Inc named a Clinton Group nominee as chairman of its board, after replacing four of its board members with the activist investor's nominees last week.
DANA POINT, Calif., Oct 9- A plan by Southern California Edison to reopen its crippled San Onofre nuclear power plant, whose outage has increased the chance of power cuts in the region, is not certain to be approved, the U.S. Nuclear Regulatory Commission said.
Oct 10- Record-high California retail gasoline prices began to ease on Wednesday, receding from nearly $5 a gallon, even as further refinery disruptions threatened to slow the decline. The average price of a gallon of regular gasoline in the state dipped by a half cent to $4.666, according to the AAA Fuel Gauge website, easing from the previous day's record.
SAN FRANCISCO, Oct 10- Groupon Inc launched a point-of-sale service called Breadcrumb across the United States on Wednesday as the world's largest daily deal company tries to win more restaurants as clients. Groupon acquired the business in May. Groupon is a pioneer in daily deals, which are heavily discounted online offers for local services.
SAN FRANCISCO, Oct 10- Data-center company IO has raised $90 million from venture-capital backers, the company said on Wednesday, illustrating the growing profile of enterprise-oriented investments compared to consumer companies in Silicon Valley.
*Amazon has 21 movie projects, 9 TV projects in development. *Amazon to post trial videos and seek feedback. SAN FRANCISCO, Oct 10- Amazon.com Inc is producing its own movies and TV programming using the consumer tracking and data crunching skills it developed while becoming the world's largest Internet retailer.
The PIMCO Total Return Fund, the world's largest mutual fund with about $278 billion in assets, attracted roughly $6.25 billion in new money in the third quarter, according to Morningstar. Meanwhile, the DoubleLine Total Return Bond Fund was second with $4.45 billion in assets.
LOS ANGELES, Oct 10- A California man behind an anti-Islam film that stoked violent protests in the Muslim world was due in court in Los Angeles on Wednesday for a hearing on whether he violated his probation on a bank fraud conviction and should be sent back to prison.