CALIFORNIA

TCW vs Jeffrey Gundlach trial begins in Los Angeles

Jeffrey Gundlach co-founder and Chief Executive Officer and Chief Investment Officer of DoubleLine
Jeffrey Gundlach tried to steal a business worth hundreds of millions of dollars after he failed to become the head of his former employer, Trust Company of the West, an attorney for TCW said in court on Thursday.
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report: Goldman's new money machine: warehouses

In a rundown patch of Detroit, enclosed by a cyclone fence and barbed wire, stands an unremarkable warehouse that investment bank Goldman Sachs has transformed into a money-making machine.
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$2.5 Billion Airport Improvement Program in Limbo as FAA Shuts Down

Construction projects underway at airports across the U.S. have come to a halt following the Federal Aviation Administration?s (FAA) closure last Friday. As per official estimates, the Airport Improvement Program across the fifty states is pegged close to $2.5 billion.
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Woman Attacks Baby; Tries to Eat His Arm

A 36-year-old Los Angeles woman was arrested for allegedly grabbing a baby from its stroller and slamming him against the metal railing of a truck reports the Los Angeles Times.
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California Offset Frustration Continues

Carbon market participants said revisions to key rules may not be enough to ensure that trading in secondary offset markets in California is liquid and stable.
A woman walks past a banner with the logo of Juniper Networks Inc. covering the facade of the New York Stock Exchange 29/10/2009

Juniper tumbles as it catches Cisco "flu"

Investors punished Juniper Networks (JNPR.N) by selling its shares after the networking equipment maker joined Cisco Systems Inc (CSCO.O) in warning that this year's results will miss Wall Street projections.
BlackRock Inc. (NYSE: BLK)

Pension Funds, Investors Urge Action on Deficit

Some of the largest pension funds and investment firms have urged President Barack Obama and Congress to resolve the deficit impasse and avoid inflicting "pain and hardship" on the nation.
Aliens shall be found by 2031

Yes, We Are Alone, No Life Elsewhere: Study

While some people are not quite convinced by the idea that there could be other civilizations in our galaxy, some are very much optimistic regarding the same, and so are the scientists engaged in the search for extraterrestrial intelligence (SETI). But a new analysis has denied the possibility.
At Issue: Killer Bees

Killer Bees: Are They Headed to Your Town?

African killer bees, aided by human transport, have now reached as far north as Central California, after an attack on a 70-year-old man. Are they headed for your county or town next?

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