CALIFORNIA

Nvidia Profit View Raised by FBR

FBR Capital Markets raised its profit estimates of Nvidia Corp. (NASDAQ: NVDA), after the graphics chip maker reported solid third-quarter results that came in above Wall Street expectations.
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A previously unseen tour video of Michael Jackson at the height of his career is set to be sold for millions at an auction in London later this month.

Michael Jackson's Deathbed, Furniture, Artwork to be Auctioned Dec. 17

Word about items from the Los Angeles home Michael Jackson died in going to the highest bidder next month broke two days after a jury found Dr. Conrad Murray guilty of involuntarily killing the King of Pop Monday. However, Julien's Auctions founder Darren Julien told IBTimes Thursday he and his colleagues came up with the Dec. 17 event as early as five months ago.
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California Oct. Revenue Misses Forecast by $810.5 mln

California's revenue in October came in $810.5 million below its projected level in the state budget, increasing pressure on its leaders to impose more spending cuts to keep the state's books balanced, the state controller said on Thursday.
3. GTA V: Rockstar Brings Glam Back to Grand Theft Auto

‘Grand Theft Auto V’ Rumor Round-Up

Though Rockstar games has kept fairly tight-lipped about Grand Theft Auto V since it debuted a trailer of the game, rumors and leaks about it have floated steadily onto the Internet.
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Starbucks Buys Juice Company, Starts New Chain

Starbucks Corp. said it plans to open a health and wellness-focused chain next year after its acquisition of Evolution Fresh, a California-based premium juice maker, for $30 million.
Initial Jobless Claims

U.S. Jobless Claims fall 10,000, to Seven-Month Low

The number of people filing for state unemployment benefits fell to the lowest level since the first week of April, government data showed on Thursday. The Labor Department says new claims fell by 10,000 to 390,000 in the week ended Nov.5, registering below 400,000 for the second straight week.
A U.S. Air Force forklift installs concrete barriers along Waikiki Beach before the annual APEC Summit in Honolulu, Hawaii November 9, 2011.

Near Pacific Summit Site, Reminder of U.S. Security Role

The wealthy nations attending the Asia-Pacific Economic Cooperation summit in Hawaii may fight over trade, but they've avoided serious armed conflict for decades, and the U.S. Pacific Command aims to keep it that way, even as it copes with budget pressures and a surging China.

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