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  • INSIGHT-In California, the Mungers haunt Jerry Brown Wednesday, 3 Oct 2012 | 7:00 AM ET

    SAN FRANCISCO, Oct 3- California Governor Jerry Brown has a problem. Yet Molly Munger and Charles Munger Jr., children of Warren Buffett's business partner, Charles Munger, Sr., have together become Brown's worst nightmare as the November election approaches.

  • SAN FRANCISCO, Oct 3- Hewlett-Packard o ffered a 2013 earnings outlook on Thursday that underscored slow progress on CEO Meg Whitman's turnaround plan and decelerating technology spending worldwide, sending its shares to a nine-year low.

  • HP's Whitman blames management turnover for slow progress Wednesday, 3 Oct 2012 | 12:21 AM ET

    SAN FRANCISCO, Oct 3- Hewlett-Packard Chief Executive Meg Whitman on Wednesday blamed unprecedented executive turnover in past years for dragging out the turnaround of the sprawling Silicon Valley computing giant.

  • Report: Some dietary supplements illegally labeled Wednesday, 3 Oct 2012 | 12:02 AM ET

    SAN FRANCISCO-- Dozens of weight loss and immune system supplements on the market are illegally labeled and lack the recommended scientific evidence to back up their purported health claims, government investigators warn in a new review of the $20 billion supplement industry.

  • Oracle CEO to experiment on his Hawaiian island Tuesday, 2 Oct 2012 | 10:33 PM ET

    SAN FRANCISCO-- Oracle CEO Larry Ellison envisions his recently acquired Hawaiian island becoming a "little laboratory" for experimenting with more environmentally sound ways to live. Ellison's ambitions include converting sea water into fresh water on the 141- square-mile island of Lanai.

  • NY appeals court orders bail for philanthropist Tuesday, 2 Oct 2012 | 9:31 PM ET

    NEW YORK-- An opera-loving philanthropist convicted of a multimillion-dollar fraud will soon be freed from prison on bail after a federal appeals court signaled on Tuesday he might be succeeding in proving his case deserves a second look.

  • SAN FRANCISCO Oct. 2, 2012-- Standard& Poor's Ratings Services' B+' corporate credit rating and' B+' senior unsecured issue rating on MEMC Electronic Materials Inc. is unaffected by the company's recent $200 million term loan debt issuance. MEMC will use the term loan for general corporate purposes in addition to providing additional liquidity for the company.

  • said a major patent verdict in favor of Apple Inc. should be overturned because the jury foreman did not disclose that he once was in litigation with Seagate Technology PLC, a company that counts Samsung as a major investor.

  • Oracle's Ellison: expect Fusion take-up to quicken Tuesday, 2 Oct 2012 | 7:15 PM ET

    SAN FRANCISCO, Oct 2- Oracle Corp CEO Larry Ellison expects strong take-up for its Internet-based "Fusion" software, a product suite crucial to its efforts to catch up with rivals like Salesforce.com Inc in the fast-growing market.

  • *Oracle unveils new cloud products at user conference. BOSTON/ SAN FRANCISCO, Oct 2- Oracle Corp CEO Larry Ellison said he intends to drive growth at the world's No. 3 software maker by promoting its current suite of cloud computing products and not through an acquisition.

  • In the past two weeks, customers of top U.S. banks including Bank of America Corp, JPMorgan Chase& Co, Wells Fargo& Co, U.S. Bancorp and PNC Financial Services have reported having trouble accessing their websites, as unusually high traffic volumes appeared to crash or slow down the systems.

  • Oracle's Ellison: focus on Cloud, not acquisitions Tuesday, 2 Oct 2012 | 5:06 PM ET

    BOSTON/ SAN FRANCISCO, Oct 2- Oracle Corp CEO Larry Ellison said the company will focus on driving organic growth through a new suite of cloud computing software versus pursuing major acquisitions for now, though he would not rule out a big deal "down the road."

  • Labor standoffs silence orchestras in Minn., Indy Tuesday, 2 Oct 2012 | 4:24 PM ET

    MINNEAPOLIS-- The Minnesota Orchestra was called the world's greatest not long ago, welcome recognition for musicians outside a top cultural center. In Minneapolis, the Minnesota Orchestra has already cancelled concerts through Nov. 25 as negotiators argue over a proposal to trim the average musicians' salary by $46,000 a year.

  • *Chicago Fed warned of need for "kill switch" in 2010* SEC can't impose limits on HFT without consensus-official* Some traders are trying to build HFT-free trading zone* Retail investors looking for SEC to lead on HFT reform By Emily Flitter and Sarah N. Lynch. Only now is the SEC getting around to taking a closer look at some of those issues.

  • *Chicago Fed warned of need for "kill switch" in 2010* SEC can't impose limits on HFT without consensus-official* Some traders are trying to build HFT-free trading zone* Retail investors looking for SEC to lead on HFT reform By Emily Flitter and Sarah N. Lynch. Only now is the SEC getting around to taking a closer look at some of those issues.

  • LinkedIn seeks wider use with ability to "follow" Tuesday, 2 Oct 2012 | 9:00 AM ET

    SAN FRANCISCO, Oct 2- Professional social network LinkedIn Corp will let its users "follow" and receive updates from people outside their personal contact list, a move that could entice users to spend more time on its website.

  • MARKET PULSE-Boeing, Yahoo, Oracle Tuesday, 2 Oct 2012 | 7:41 AM ET

    U.S. stock index futures pointed to a higher open on Wall Street on Tuesday, with futures for the S&P 500, the Dow Jones and the Nasdaq 100 up between 0.2 and 0.3 percent. CNBC Mad Money host Jim Cramer said the Internet company has "real value because it has some really terrific assets", and new Chief Executive Marissa Mayer is committed to unlocking its value.

  • MARKET PULSE- Tuesday, 2 Oct 2012 | 7:33 AM ET

    U.S. stock index futures pointed to a higher open on Wall Street on Tuesday, with futures for the S&P 500, the Dow Jones and the Nasdaq 100 up between 0.2 and 0.3 percent. CNBC Mad Money host Jim Cramer said the Internet company has "real value because it has some really terrific assets", and new Chief Executive Marissa Mayer is committed to unlocking its value.

  • The two advisers, who started at the same Prudential Securities office in Washington, D.C. in 1997, moved to Wells Fargo& Co's independent broker-dealer on Tuesday. Luts and Greenleigh moved to Citigroup's Smith Barney in 2004 after their old firm, Prudential Securities, was bought by Wachovia.

  • Rdio to pay artists $10 per new subscriber Tuesday, 2 Oct 2012 | 12:03 AM ET

    LOS ANGELES-- Music subscription service Rdio is looking to dispel the notion that streaming services underpay artists for their work. Starting Tuesday, it will start paying musicians $10 for every person they convince through social media to sign up for an Rdio plan. For $10 a month, they allow users to stream an unlimited number of songs on mobile devices.