CALIFORNIA

Fed to keep US rates low for 2 years, stocks jump

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The U.S. Federal Reserve on Tuesday took the unprecedented step of promising to keep interest rates near zero for at least two more years and said it would consider further steps to help growth, sparking a rebound in stocks.
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The Allen Telescope Array -- named for Microsoft Corp. co-founder Paul Allen, is designed to seek out signals from alien civilizations.

Is a Breakthrough in Alien Detection Imminent? SETI?s Allen Telescope Array to be Back in Action

Why don't humans give up hopes on spotting intelligent extra-terrestrial life? Because we haven't got any categorical evidence which suggests that alien life is non-existent and until proven otherwise extra-terrestrials could exist. Though probability of intelligent alien life is an intensely debated topic, SETI (Search for extraterrestrial intelligence- collective name for a number of activities people undertake to search for intelligent extraterrestrial life) is in the lookout for an ali...
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Samantha Ronson charged with drunken driving

Celebrity DJ and Lindsay Lohan's ex-girlfriend Samantha Ronson was charged with drunken driving following her recent arrest in a small desert town in California, officials said on Tuesday.
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E! staffer held in stabbing death of estranged wife

A longtime facilities manager for the E! cable TV network is being held in an Alhambra, California, jail on $2.7 million bail, accused of fatally stabbing his estranged wife last week, while injuring her sister and himself in the attack.
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Katt Williams Kicked Out of Show, Wasn?t His Usual Self

Comedian Katt Williams got kicked out of his own comedy show Saturday night, following his belligerent behavior toward the crowd, according to TMZ. According to recent reports, the comedian was trying "something different" that night, and the audience just wasn't into it.
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S. California grocery workers press for contract

Roughly 62,000 grocery workers in Southern California are ready to vote on giving their unions the go-ahead for a strike if Ralphs, Vons and Albertsons supermarkets do not put an acceptable contract offer on the table by next week, a union spokesman told Reuters on Tuesday.
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Bonds fund star Gundlach to face grilling at trial

Jurors will finally have a chance to hear directly from Jeffrey Gundlach when the outspoken "king of bonds" takes the stand, expected as soon as Wednesday, in his high-stakes courtroom battle with his former employer, Trust Company of the West.
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?Financial Optimism? Index Nosedives

The Consumer Reports Index, which tracks the financial optimism of Americans, plunged more than five points to 43.4 this month, the lowest in two years.
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Tribune Co. Developing Its Own Tablet: Report

The Tribune Co., one of the largest newspaper publishers in the U.S., is working on a tablet computer of its own to offer its subscribers, CNN reported, citing interviews with more than half a dozen current and former Tribune employees.
Tanzanian

US firm to invest in $100 mln Tanzania farms JV

U.S. firm, AgriSol Energy LLC, and its joint venture partner in Tanzania will invest more than $100 million over the next 10 years to develop a large-scale commercial farming project in the east African country, a company director said on Tuesday.

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