The US appeals court in San Francisco said jurors used "an undue amount of speculation" in awarding Oracle $1.3 billion in damages in 2010.» Read More
As Governor Arnold Schwarzenegger and top legislative leaders announce a plan to close the state's $26 billion budget hole without raising taxes, two guys sitting in an LA radio studio are taking credit.
The Dow advanced Tuesday as a slew of components beat earnings expectations. But there were pockets of weakness throughout the market, including chips, hardware, banks and retail. The Nasdaq was lower.
The Dow bolted out of the gate Tuesday as a slew of components beat earnings expectations. But there were pockets of weakness throughout the market, including chips, hardware, banks and retail. The Nasdaq was lower.
Futures indicated a slightly lower open for Wall Street Tuesday ahead of a slew of earnings and Federal Reserve Chairman Ben Bernanke's Capitol Hill testimony.
I am a Los Angeles native who has covered every major story here over two decades. I have never seen so many Los Angeles police officers as I do this morning at the Staples Center.
Legislators in more than a half-dozen states, their revenues evaporating in the recession, frantically worked to stave off government shutdowns and devastating service cuts. California failed to meet a midnight deadline and now may need to issue IOUs instead of paying bills.
The more turmoil in California, the more attractive its bonds? "Yes," says Jon Schotz, Chief Investment Officer at Saybrook Capital in Santa Monica.