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Former HP Chief Fiorina running for Senate

Former Hewlett-Packard Co chief and Silicon Valley star Carly Fiorina said on Wednesday that she would run as a Republican candidate for the U.S. Senate from California, taking on liberal Democrat Barbara Boxer.

Swine flu not just a threat to young: study

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Swine flu can cause severe disease in people of all ages and appears to pose a special threat to those who are obese, according to an analysis ofH1N1 cases in California released on Tuesday.
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Barnes & Noble sued by eReader maker Spring Design

Spring Design, a maker of electronic readers, is suing Barnes & Noble Inc, claiming the bookseller's newly launched Nook reader illegally copied its dual-screen design after the two discussed a possible partnership.
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Twilight sequel soundtrack hopes to make killing

Just in case you've been in a sight-, sound- and Twitter-deprivation tank for the past two years, here's the lowdown on the Twilight franchise: It's a series of four books written by Stephenie Meyer about Bella, a human girl who hearts Edward, a vampire boy. This is awkward, due to Edward's predilection for snacking on platelets, but also because high school relationships are invariably angsty a...
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CIT Group files for bankruptcy

CIT Group Inc, a lender to hundreds of thousands of small and medium-sized businesses, filed for bankruptcy on Sunday, as the global financial crisis left it unable to fund itself and the recession clobbered its loans.
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Nine U.S. banks seized in largest one-day haul

U.S. authorities seized nine failed banks on Friday, the most in a single day since the financial crisis began and the latest stark sign that substantial parts of the nation's banking industry are being crippled by bad loans.
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Feds to seize LA bank in 4th biggest failure: report

Regulators are expected to seize Los Angeles-based California National Bank on Friday in what would be the fourth-largest U.S. bank failure this year, the Los Angeles Times reported, citing unnamed sources.
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U.S. Bancorp gets $18 billion seized bank assets

U.S. Bancorp on Friday acquired nine banks held by FBOP Corp, picking up $18.4 billion in assets after regulators seized a major Los Angeles lender and eight other banks in the latest failures to emerge from the financial crisis.
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Scientists make cells that form eggs, sperm in lab

U.S. researchers have found a way to coax human embryonic stem cells to turn into the types of cells that make eggs and sperm, shedding light on a stage of early human development that has not been fully understood.
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Calpers CIO says no moral hazard in state guarantee

Calpers, the nation's largest public pension fund, does not face moral hazard despite state guarantees of pension solvency, the funds chief investment officer said on CNBC on Wednesday, in comments responding to a Reuters report.
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California Coastal Communities files for bankruptcy

California Coastal Communities Inc said on Wednesday it filed for Chapter 11 protection to modify and eliminate certain debt covenants and to extend the maturity on about $182 million loans related to one of its projects.
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Indie thriller Crave entices Perlman

Ron Perlman, Josh Lawson and Emma Lung have been cast in the lead roles of the indie thriller Crave, the directing debut of Charles de Lauzirika.
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Ricky Gervais says Golden Globes is perfect gig

Ricky Gervais is known as an edgy comedian, and the Golden Globes are considered the least stuffy of film and television awards shows. So it's little wonder that Gervais sees his hosting job for the 2010 ceremony as a match made in Hollywood honors heaven.
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US mortgage applications slump third straight week

U.S. home loan demand slid for the third straight week, the Mortgage Bankers Association said on Wednesday, with purchase applications the weakest since mid-May and refinancing requests at a two-month low.
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U.S. foreclosures spike in new regions in 3rd qtr

U.S. mortgage defaults ebbed in some hard-hit cities in the third quarter, but unemployment created new trouble spots as foreclosures set a record in the quarter, real estate data company RealtyTrac said on Wednesday.
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Cisco to buy ScanSafe for $183 million

Cisco Systems is buying privately held Web security company ScanSafe for about $183 million, a move that will intensify its battle with security giants Symantec Corp and McAfee Inc.
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Obama plans big smart grid announcement

President Barack Obama will announce the largest investment of economic stimulus funds in clean energy during a visit to Florida, an Obama administration official said on Monday.
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Calpine reduces Calif Otay Mesa natgas unit

Calpine Corp reduced the 600-megawatt Otay Mesa natural gas fired power plant in California for planned and unplanned reasons by Sunday afternoon, the California ISO said in a report.

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