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  • *Solar panel makers have also filed action in Europe against Chinese manufacturers. WASHINGTON/ LOS ANGELES, Oct 8- The U.S. Commerce Department on Wednesday will announce final duties on billions of dollars of solar panels from China in a high-profile case that has raised fears of further damage to an already fragile industry.

  • SAN FRANCISCO, Oct 9- U.S. venture capital firms raised $4.98 billion dollars last quarter, the National Venture Capital Association and Thomson Reuters said on Tuesday, accelerating a trend in venture capital where funds are heading to extremes in size. Sequoia Capital raised $950 million last quarter, while GGV Capital raised $524 million.

  • Former teen who had sex with Polanski writing book Tuesday, 9 Oct 2012 | 1:27 PM ET

    NEW YORK-- The former teen whom Roman Polanski was convicted of having sex with _ leading to one of Hollywood's most notorious scandals and the director's flight from the U.S. _ is writing a memoir. Samantha Geimer, now 47, has a deal with Atria Books for "The Girl: Emerging from the Shadow of Roman Polanski."

  • Rihanna, Minaj lead American Music Awards nominees Tuesday, 9 Oct 2012 | 1:25 PM ET

    Drake, Justin Bieber, Maroon 5, One Direction and Usher earned three bids apiece. Carrie Underwood, Chris Brown, fun., Gotye, J. Cole, Katy Perry, Kelly Clarkson, Luke Bryan, and Pitbull are each double nominees. Drake, Bieber, Maroon 5, Katy Perry and Rihanna are also in the running for artist of the year.

  • WASHINGTON, Oct 9- The Treasury Department's inspector general is investigating a popular stimulus program that helped rooftop solar panel projects turn tax credits into cash grants.

  • Variety being sold to Penske, Third Point - sources Tuesday, 9 Oct 2012 | 11:36 AM ET

    LOS ANGELES, Oct 9- Variety, the century-old entertainment trade newspaper once considered the bible of the movie industry, is being sold to online publisher Jay Penske and private equity firm Third Point LLC for about $25 million, two sources with knowledge of the deal told Reuters.

  • SAN FRANCISCO, Oct 9- Twitter founder and Executive Chairman Jack Dorsey said on Tuesday that he trimmed his role at the microblogging service months ago as he devoted the majority of his time to Square, the payment start-up where he is chief executive.

  • Wal-Mart is testing same-day delivery for holidays Tuesday, 9 Oct 2012 | 11:20 AM ET

    NEW YORK-- Wal-Mart is testing a same-day delivery service in select markets for customers who buy popular items online during the holiday shopping season. The tests, which started this month, are taking place in northern Virginia, Philadelphia, Minneapolis and San Francisco and San Jose, Calif. About 5,000 items will be available for the same-day service.

  • WASHINGTON, Oct 9- The U.S. Supreme Court on Tuesday refused to consider a challenge to a 2008 federal law granting immunity to AT&T Inc and other telecommunications companies for helping the government eavesdrop on customers' private phone conversations.

  • Gas prices in California inch higher _ again Tuesday, 9 Oct 2012 | 11:03 AM ET

    SAN FRANCISCO-- The average price of regular gas in California has inched up to $4.671 a gallon, making it the highest in the nation for another day. AAA reported the price was higher than Monday's price of $4.668, which also was an all-time high for the state. California usually converts to the gas on Oct. 31.

  • LA's Getty museum announces 2 new directors Tuesday, 9 Oct 2012 | 10:24 AM ET

    LOS ANGELES-- Officials at the J. Paul Getty Museum have appointed two leaders to permanent roles at the prominent Los Angeles arts institution. Director Timothy Potts said Monday that Thomas Kren will be associate director of collections for the Getty Museum and Elizabeth Morrison will be senior curator of manuscripts.

  • Insurance exec gives another $8M to initiative Tuesday, 9 Oct 2012 | 10:23 AM ET

    SACRAMENTO, Calif.-- Billionaire insurance executive George Joseph has donated another $8 million to his November ballot initiative in California. The weekend contribution brings his total to $16 million in support of Proposition 33, which would let insurers charge drivers based on their history of maintaining coverage.

  • Initiative ends break for out-of-state businesses Tuesday, 9 Oct 2012 | 10:14 AM ET

    SACRAMENTO, Calif.-- A ballot initiative funded by a billionaire hedge fund manager is asking California voters to do what Gov. Opponents argue that repealing the tax break given three years ago would make California less friendly to multistate corporations and threaten existing jobs.

  • Bill Gates in Abu Dhabi: I'll never run for office Tuesday, 9 Oct 2012 | 10:11 AM ET

    ABU DHABI, United Arab Emirates-- Microsoft founder and billionaire Bill Gates on Tuesday ruled out running for office, choosing not to join the parade of rich businessmen who have tried their hand at politics.

  • Oct 9- Wal-Mart Stores Inc is testing same-day delivery of televisions, toys and other general merchandise bought online in a few U.S. markets as it tries to find new ways to keep up with competitors and to attract busy shoppers this holiday season.

  • Rise in California gas price slows, remains record Tuesday, 9 Oct 2012 | 9:52 AM ET

    SAN FRANCISCO-- The rise in California gasoline prices has slowed after recent jarring increases, but nonetheless the cost of a gallon inched up to another record high, even as officials hope their emergency action will help ease the sticker shock.

  • *High investor demands keeps costs down for sponsors* Issuance may hit $7 bln this year By Sarah Mortimer. LONDON, Oct 9- The market for catastrophe bonds has boomed in the past year and is likely to keep growing as investors search for higher returns.

  • --U.S. river cruise operator Viking Cruises Ltd. plans to issue $250 million in senior notes. On Oct. 9, 2012, Standard& Poor's Ratings Services assigned Woodland Hills, Calif.- based river cruise operator Viking Cruises Ltd. its' B+' corporate credit rating.

  • Ahead of the Bell: Edwards Lifesciences tumbles Tuesday, 9 Oct 2012 | 9:28 AM ET

    The Irvine, Calif. company said Monday after markets closed that its total revenue rose 9 percent to $448 million, well short of its initial forecast for $465 million to $485 million. It said sales of Sapien heart valves totaled about $124 million, including $55 million in U.S. revenue.

  • High court looks at race in college admissions Tuesday, 9 Oct 2012 | 9:12 AM ET

    WASHINGTON-- Nine years after the Supreme Court said colleges and universities can use race in their quest for diverse student bodies, the justices have put this divisive social issue back on their agenda in the middle of a presidential election campaign.