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  • HOUSTON, Oct 5- The unprecedented surge in California's wholesale gasoline market this week has many hallmarks of a classic short squeeze, traders said on Friday, evoking a once common ploy in unregulated oil markets.

  • Other states with cases are Tennessee, Virginia, Florida, Maryland, North Carolina and Indiana. The U.S. Centers for Disease Control reported 47 cases of meningitis on Friday, while Michigan reported an additional two cases and North Carolina one not included in the CDC count.

  • Rooftop solar installer SolarCity files for IPO Friday, 5 Oct 2012 | 6:54 PM ET

    SolarCity Corp., an installer of rooftop solar electric systems, on Friday filed initial paperwork for taking the company public in stock offering that could raise about $200 million. The company, based in San Mateo, Calif., will trade on the Nasdaq Global Market under the ticker symbol "SCTY."

  • Other states with cases are Tennessee, Virginia, Florida, Maryland, North Carolina and Indiana. Tennessee accounts for most of those, and state officials said on Friday the number there had risen to 29 cases, up four from Thursday. Three of the deaths so far have been in Tennessee, where the outbreak began, and one each in Virginia and Maryland.

  • LOS ANGELES, Oct 5- Solar panel installer SolarCity Corp filed with U.S. regulators to raise up to $201 million in an initial public offering that could help rekindle investor appetite for cleantech stocks. But those lower prices have spurred demand for solar systems in the United States, helping companies like San Mateo, California- based SolarCity.

  • LOS ANGELES, Oct 5- Solar panel installer SolarCity Corp filed with U.S. regulators to raise up to $201 million in an initial public offering that could help rekindle investor appetite for cleantech stocks. But those lower prices have spurred demand for solar systems in the United States, helping companies like San Mateo, California- based SolarCity.

  • Calif man accused of stealing from wine lockers Friday, 5 Oct 2012 | 5:47 PM ET

    SANTA ANA, Calif.-- The operator of a California business where the public can store wine bottles has been charged with stealing nearly $3 million in vintage wines from clients' storage lockers. Osumi's arraignment in Orange County Superior Court was postponed from Friday until Nov. 2.

  • Problems found at peanut butter plant in 2010 Friday, 5 Oct 2012 | 5:37 PM ET

    The FDA said Friday that a recent inspection found salmonella in the plant which produced Trader Joe's Valencia Creamy Peanut Butter and many other nut butters and nut products for several large national grocery chains. FDA has found problems at Sunland before.

  • *Merchandising chief moves to True Religion Apparel. Oct 5- Wet Seal Inc replaced four board members with Clinton Group nominees, putting the activist investor in a stronger position to push for a sale of the struggling clothing retailer.

  • Oct 5- Standard& Poor's Ratings Services said today that it assigned its' BB-' issue-level rating to Sunnyvale, Calif.- based Blue Coat Systems Inc.' s $25 million revolving credit facility and $500 million first-lien term loan. Blue Coat intends to use the proceeds to redeem $487.8 million of its existing first- and second-lien term loans.

  • Amazon to spend $1.16 bln to buy Seattle offices Friday, 5 Oct 2012 | 4:52 PM ET

    SAN FRANCISCO, Oct 5- Amazon.com Inc said on Friday that it will spend more than $1 billion for office space in Seattle. The world's largest Internet retailer plans to buy 11 buildings, comprising 1.8 million square feet of corporate office space, in the city, the home of its headquarters. It currently leases the space, it noted in a regulatory filing.

  • *Soybean farmer accused of infringing Monsanto patents. Oct 5- The U.S. Supreme Court agreed on Friday to consider an Indiana soybean farmer's appeal of an appellate court decision that he infringed Monsanto Co patents ov e r seeds that can be replicated.

  • SAN FRANCISCO/ LOS ANGELES, Oct 5- An unprecedented spike in California gasoline prices showed signs of easing on Friday, with some supply-stricken service stations preparing to reopen and retail rates poised to ease after topping $5 a gallon in many places.

  • Calif. refinery back online amid soaring prices Friday, 5 Oct 2012 | 3:24 PM ET

    LOS ANGELES-- Californians woke up to a shock Friday as overnight gasoline prices jumped by as much as 20 cents a gallon in some areas, ending a week of soaring costs that saw some stations close and others charge record prices. In Southern California, the price jumped 20 cents a gallon overnight to $4.53 in Ventura.

  • Ruckus Wireless files for IPO of up to $100mln Friday, 5 Oct 2012 | 3:16 PM ET

    *Goldman Sachs, Morgan Stanley, Deutsche Bank Securities are lead underwriters. Goldman Sachs& Co, Morgan Stanley and Deutsche Bank Securities are the lead underwriters to the offering, the company said in a filing with the U.S. Securities and Exchange Commission.

  • NEW YORK, Oct 5- At 68, Barbara Miller Elegbede is living proof that flower children need not grow up. A self-described hippie, she attended a San Francisco college at psychedelia's height and remembers friends constantly crashing on the couch of her apartment, just a block away from Janis Joplin's pad in the hip Castro neighborhood.

  • SAN FRANCISCO, Oct 5- Consumer Reports, the influential reviewers' group that blasted the iPhone 4 for a faulty antenna, on Friday gave Apple Inc's latest smartphone a thumbs-up despite echoing widespread complaints about its patchy mapping service.

  • Giants, 49ers, yachts, fests: SF braces for crowds Friday, 5 Oct 2012 | 2:59 PM ET

    SAN FRANCISCO-- An unusual convergence of sporting and entertainment events in San Francisco this weekend promises to bring up to a million extra people into the densely populated bayside city.

  • Informatica edges higher following Thursday plunge Friday, 5 Oct 2012 | 2:48 PM ET

    NEW YORK-- Shares of business software maker Informatica Corp. made a small rebound Friday after losing more than 20 percent of their value a day earlier following the company's disappointing third-quarter forecast. THE SPARK: On Thursday, Informatica forecast a smaller profit and less revenue than analysts had expected.

  • THE RACE: Jobs news may help Obama regain footing Friday, 5 Oct 2012 | 2:28 PM ET

    And the 7.8 percent September unemployment rate, down from 8.1 percent in August, was clearly welcome to President Barack Obama. That was so for both Presidents Franklin D. Roosevelt and Ronald Reagan. For Reagan, unemployment peaked at 10.8 percent in November and December 1982.