CALIFORNIA

Apple's Radical Roller Coaster Ride

Apple logo in dedication to Steve Jobs
For Apple, the month of October will be one to remember, and one to forget. It's been a radical roller coaster ride for the Cupertino, California-based company to say the least, with the highest of highs and lowest of lows in the span of less than three weeks.

S&P flat, Nasdaq falls as Apple weighs

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The Nasdaq fell on Wednesday, weighed down by technology heavyweight Apple's profit miss, but gains in chipmaker Intel and insurer Travelers kept the S&P near the unchanged mark.
Zinfandel grapes grow in a Napa Valley, California vineyard that supplies grapes to Frank Family Vineyards

Cool California Weather Keeps Winemakers Waiting

Hollywood executive and winery owner Frank Rich says the movie and wine businesses have plenty in common -- especially as this year's late California harvest has winemakers waiting in the wings for grapes to ripen.
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Harold Camping

End of the World Two Days Away, Says Harold Camping

Harold Camping, 90, who had predicted that Judgment Day would come on May 21, said in an announcement on his Family Radio Network Web site that he stands by his present prediction that the end of the world will come on Oct. 21.
Apple's store in Upper West Side of New York City

Apple Q4 Earnings Fall Short of Forecasts

Apple Inc. (NASDAQ: AAPL) reported a 54 percent surge in fourth quarter earnings on continued strong sales of its Macintosh computers, iPhones and iPad devices. In a rare instance, Apple's earnings and revenue came in below Street's view.
Inmate Gregory Powell is shown in this undated photograph released by the California Department of Corrections and Rehabilitation to Reuters

Onion Field killer denied compassionate release

A terminally ill prisoner whose 1963 murder of a policeman was chronicled in the book and film The Onion Field was denied compassionate release on Tuesday after he said he didn't want to be freed, officials said.
The company's logo is seen on the Apple store in Washington

Apple Announces Weak Quarterly Results; Shares Dive

Apple Inc. (AAPL) announced its quarterly results on Tuesday. The company reported earnings of $7.05 per share for the quarter and revenue for the same period was up 39.0 per cent on a year-over-year basis.
PlayStation Vita Doomed to Fail Research Suggests

PlayStation Vita Release Date and Specs Revealed: Will You Buy it?

The PlayStation Vita release date and specs have been revealed. Sony's highly-anticipated next-gen portable console will be hitting stores in North America, Latin America and Europe on Feb. 22, 2012, according to SCEA's CEO and President Jack Tretton at the Web 2.0 summit in San Francisco, Calif. on Tuesday.
A customer shows off her new iPhone 4S as she leaves an Apple Store in New York

Apple’s Report: Annual Revenue Tops $108 Billion

Apple reported full-year revenue of $108 billion, firmly establishing it as one of the world’s top technology companies. Fourth-quarter earnings of $6.2 billion exceeded analyst estimates, but revenue of $28.3 billion fell slightly shy of them.
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California Nuclear Plants Face Uncertainties Says S&P Report

Many factors are converging to create additional risk for owners of California nuclear plants during the relicensing process, according to an article published today on RatingsDirect on the Global Credit Portal. The Ground Shaking Reality For California's Nuclear Power notes that, in the wake of the Fukushima disaster, California is likely to carefully evaluate relicensing its two nuclear power plants.

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