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L.A. gasoline jumps 9 cents on EIA draw - trade

Wholesale gasoline differentials jumped 9 cents on Wednesday after the U.S. Energy Information Administration reported a 1.78-million-barrel draw last week on West Coast gasoline stocks, traders said.

Giant South American Rodent Spotted in California

Giant Rodents
A giant South American rodent weighing at least 100 pounds (45 kgs) was spotted at a waste-water treatment facility in California recently before disappearing in the brush, according to a wildlife official.
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KCET strikes $50 million deal

KCET, the former PBS station serving Southern and Central California, has entered a partnership with Eyetronics Media and Studios to produce and acquire new series, the companies announced Tuesday. Under the agreement, Eyetronics will provide up to $50 million in funding for the new programs, which will start production in the fall.
Bond fund manager Jeffrey Gundlach testifies in court in Los Angeles

At trial, Gundlach describes bad vibes from SocGen exec

Star bond fund manager Jeffrey Gundlach did not instruct anyone to copy analytic systems from his former employer, Trust Company of the West, but did devise a "defensive plan" in the event he would be fired, he testified in court.
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Investor Gundlach feared his new firm would fail

Jeffrey Gundlach thought it was "quite likely" that DoubleLine Capital, the firm he launched after being fired by his former employer, was going to fail six months after its formation, he said in court.
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Oxygen May Have Existed Undersea 300 Million Years Before Its Atmosphere Debut: MIT Scientists

Oxygen may have been present on Earth 300 million years before it was breathed into the atmosphere, scientists concluded from a new research.Researchers from Massachusetts Institute of Technology discovered evidence that small aerobic organisms could have evolved to survive on extremely low levels of the gas in undersea "oxygen oases," keeping a low profile in the oceans before its debut in the atmosphere.
Taylor Armstrong

Taylor Armstrong: Husband's Death Still Secret from Daughter

Taylor Armstrong, the estranged wife of Real Housewives of Beverly Hills' Russell Armstrong, told E! News that "She requests privacy at this time so that she may comfort her young daughter" through a rep. Russell Armstrong, 47 appears to have committed suicide by hanging.

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