Result Page 478 for California news & latest pictures from ibtimes.com

Obama announces new fund to address housing woes

President Barack Obama used a campaign push for Senate Majority Leader Harry Reid on Friday to announce a new fund to support homeowners in five states hit hardest by the U.S. housing crisis.

Obama team raises pressure on health insurers

A report by the Department of Health and Human Services said: These massive increases are disturbing examples of the problems that make reforming our health insurance system more important than ever.

In Nevada, Obama pushes for more housing help

President Barack Obama will use a campaign stop for Senate Majority Leader Harry Reid on Friday to announce a new initiative to help support homeowners in five states hit hardest by the U.S. housing crisis.

Jobless claims unexpectedly jump last week

The number of U.S. workers filing new applications for unemployment insurance unexpectedly surged last week, a government report showed on Thursday, dealing a setback to hopes the economy was on the verge of job growth.

More news

For Apple suppliers, loose lips can sink contracts

The massive manufacturing complex in the South China city of Longhua resembles an industrial fortress. To enter the facility, workers swipe security cards at the gate. Guards check the occupants of each vehicle with fingerprint recognition scanners.

See America by Train

American trains have long had a strong hold on the popular imagination, inspiring countless songs, stories, scandals and legends.

LB Foster to buy Portec for $112 million

L. B. Foster Co said it would acquire Portec Rail Products Inc for about $112 million to expand its rail products business.

U.S. opens probe into Toyota recalls

U.S. regulators on Tuesday opened an investigation into whether Toyota Motor Corp acted in a timely way to recall cars for acceleration problems, and the automaker moved to slow its U.S. production to avoid a costly ballooning of inventories.

Einstein biographer to write Steve Job's biography

Apple CEO Steve Jobs is reported to be sealing a deal to launch the first authorized biography of his life.

Mortgage insurer PMI posts wider-than-expected Q4 loss

Mortgage insurer PMI Group Inc reported a much wider-than-expected quarterly loss, as its U.S. unit continued to post disappointing results, sending its shares down 5 percent before the bell.

Mortgage insurer PMI Group posts wider Q4 loss

Mortgage insurer PMI Group Inc reported a wider quarterly loss, as its U.S. unit continued to post disappointing results.

L.A. budget crisis threatens jobs, credit rating

Los Angeles, the second-largest city in the United States, is confronting a mounting budget deficit that threatens to force thousands of job cuts, deplete its fiscal reserve and further damage its credit rating.

HP's $3 bln purchase of 3Com wins EU approval

U.S. technology giant Hewlett-Packard Co won approval from EU competition regulators on Friday for its takeover of 3Com Corp, reinforcing its presence in the network equipment market.

U.S. successfully tests airborne laser on missile

A U.S. high-powered airborne laser weapon shot down a ballistic missile in the first successful test of a futuristic directed energy weapon, the U.S. Missile Defense Agency said on Friday.

Toyota chief plans U.S. trip as Congress seeks answers

Toyota Motor said on Friday its embattled head is planning a U.S. trip early next month but would not confirm whether he would attend congressional hearings probing the automaker's safety recalls.

Yahoo executives address misconception about search

Yahoo Inc executives defended the company's commitment to Internet search on Wednesday, vowing to reverse the erosion of the company's market share and to fix the misconception that the company has given up on the business it helped create.

United Tech considers bigger bets in clean tech

United Technologies Corp is interested in making bigger investments in alternative energy, possibly including a majority stake in wind turbine maker Clipper Windpower Plc, a top executive at the diversified U.S. manufacturer said on Thursday.

SGI unveils hosted super computing

SGI is rolling is rolling out a hosted super-computing service in what it hopes will open up a 'new era of discovery' for scientists and businesses.

Foreclosures drop in Jan but more loom

Mortgage foreclosure filings dropped in January but the decline may prove only temporary as housing-rescue efforts fall short of addressing current drivers, a report released on Thursday showed.

Google to build high-speed Internet network

Google Inc plans to build a super-fast Internet network for up to half a million people, a project that could pressure telecommunications companies to loosen their control of Web access in the United States.

Small businesses sick of healthcare debate

Amy Nichols, a small business owner, is tired of the healthcare debate and is relieved President Obama has turned his attention toward her biggest concern: access to credit.

Inside Toyota's epic breakdown

Toyota Motor Corp was not accustomed to outsiders telling it what to do, let alone some obscure bureaucrat from the United States.

Age of mother affects child's autism risk: study

CHICAGO (Reuters) - Being an older mother significantly increases the risk of having a child with autism, but being an older father only increases the risk when the mother is under the age of 30, U.S. researchers said on Monday.

Even third-hand smoke carries carcinogens: study

WASHINGTON (Reuters) - Old tobacco smoke does more than simply make a room smell stale -- it can leave cancer-causing toxins behind, U.S. researchers reported on Monday.

Ex-Intel exec admits conspiring with Rajaratnam

A former Intel Capital director pleaded guilty on Monday to fraud in the Galleon insider trading case, telling a New York court that hedge fund founder Raj Rajaratnam gave him money for personal needs and that he profited from illegal trades.

Toyota readies Prius steps; U.S. production restarts

Toyota Motor Corp was preparing a global recall of its new Prius model on Monday, further damaging its reputation for quality and reliability on the heels of two other massive recalls.