CALIFORNIA

Funds' Love of Apple Pays, but Many Managers Lag

A man walks past an iPad 2 advertisement in Shanghai
Hedge funds' love affair with technology industry darling Apple Inc has rewarded some managers so far this year but half the industry, having been less savvy with its bets, is limping behind with subpar returns, new research from Goldman Sachs shows.
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4. Warren Buffett

Buffett Adds to Bullish U.S. Economic Recovery Signals

Anyone looking for more evidence of a strengthening U.S. economic recovery needs only to consider conglomerate Berkshire Hathaway, where businesses ranging from railroads and electric utilities to furniture and candy stores are racking up record profits.
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Stephen Hawking Goes to Sex Clubs [NSFW]

World-renowned theoretical physicist Stephen Hawking has been spotted on multiple occasions at Freedom Acres, a sex club in Dover, California, according to radaronline.com. That's right, Stephen William Hawking, author of the bestseller A Brief History of Time, frequents a South California sex club where he pays strippers to grind on his body, according to RadarOnline's source.
Xie, a lawyer representing Proview Technology (Shenzhen), speaks to reporters in front of the Shanghai Pudong New Area People's Court

Apple's Tactics in China iPad Deal Unusual, Legal Experts Say

Proview Electronics, the firm trying to stop Apple Inc from using the iPad name in China, has a plausible claim over the unusual methods Apple used to conceal its identity when attempting to acquire Proview's trademarks, according to several legal experts.
Rudy Giuliani

Giuliani Says GOP Stance on Gay Rights Not ‘Modern’ [VIDEO]

Former New York City Mayor and 2008 Republican presidential candidate Rudy Giuliani said in a television interview Thursday that the Republican Party's stances on some social issues, gay rights in particular, make it look like it isn't a modern party.
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Renowned Climate Scientist Comes under Fire

The prestigious California-based Pacific Institute climate research group has launched an investigation of its president and founder, Peter Gleick, after he admitted fraudulently obtaining documents from global warming skeptics challenging his work.
A man walks past an iPad 2 advertisement in Shanghai February 23, 2012.

Apple's China Legal Battle over iPad Spreads to U.S.

A Chinese firm trying to stop Apple Inc from using the iPad name in China has launched an attack on the consumer electronics giant's home turf, filing a lawsuit in California that accuses it of employing deception when it bought the trademark.

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