CALIFORNIA

TCW's incoming CEO in 2009, Marc Stern, tried to sow discord and drive a wedge between Jeffrey Gundlach and his tight-knit mortgage-backed securities team, Gundlach testified on Thursday.

Nvidia Corp forecast a larger-than-expected jump in quarterly revenue and its CEO said the chipmaker's mobile business was accelerating, sending its shares skyrocketing.

Chipmaker Nvidia Corp posted second-quarter revenue slightly above expectations as it rushes to diversify its graphics expertise from PCs into more mobile gadgets, sending its shares up sharply.

The Republican Party argues it's the party of job creation, but the statistics indicate otherwise, at least concerning U.S. presidential administrations. Democratic presidents have a higher annual job creation average, 1.647 million per year, than Republican presidents, 966,388 per year.

An unmanned experimental aircraft designed to glide down from the upper atmosphere at 20 times the speed of sound lost contact with ground control on its second test flight on Thursday, a Pentagon agency said.

Jeffrey Gundlach said he never told anyone on his staff to download data from his former employer, Trust Co of the West, or copy valuable trading information -- though he did briefly consider such an action.

Movie deal is worth just over $1 million, lawyers say.

New Apple patent could put projectors on the iPhone.

The Falcon Hypersonic Technology Vehicle 2, tested by the U.S. Defense Advance Research Projects Agency Thursday, was supposed to be fastest aircraft ever flown.

It was supposed to be the fastest plane ever built, the Falcon HTV-2, but instead it proved to be a fast failure.

Defense agency says it lost contact with the HTV-2 aircraft soon after launch.

The Defense Advanced Research Projects Agency says contact with the Falcon HTV-2 was lost shortly after takeoff.

The leading chipmaker for PCs is fighting for the tablet market.

A Minotaur IV Lite rocket lifted off with the Falcon Hypersonic Technology Vehicle 2 Thursday morning from Vandenberg Air Force Base in California, successfully released the aircraft and entered the mission's glide phase. But contact with the plane has been lost.

Gizmodo is in the clear after a Califorina prosecutor dropped charges for purchasing and leaking an iPhone 4 prototype last year.

With the appointment of nine of 12 members, the "super committee" charged with reducing the budget deficit by at least another $1.5 trillion is taking shape. The body could help stabilize the financial markets by announcing a ?quick-start? agreement on additional debt reduction.

World's fastest Aircraft Falcon Hypersonic Technology Vehicle 2, capable of reaching speeds of up to 13,000 miles per hour is scheduled to be tested on Thursday morning from Vandenberg Air Force Base in California.

YouTube sensation Rebecca Black has left her school in California to be homeschooled because of constant bullying by classmates and to focus on her career.

A devastation of conifer forests about 250 million years ago was caused by tree-killing fungi whose growth was triggered by global climate change, says a University of California, Berkeley, study that warns it could happen again.

Speedier, perhaps, than even Superman, the fastest plane ever built, the Falcon HTV-2, can get from London, England to Sydney, Australia in less than an hour, all the while withstanding temperatures of almost 2,000 degrees C, hotter than the melting point of steel.

HTC Corp. is shelling out $300 million to acquire a 51 percent stake in Beats Electronics, best known for high-performance line of headphones backed by rapper Dr. Dre.