CALIFORNIA

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Calpine Calif. Pastoria natgas unit back

Calpine Corp's 724-megawatt Pastoria natural gas-fired power station in California returned to service by Tuesday afternoon, the California Independent System Operator said in a report.

West apologizes to Swift, Obama weighs in on furor

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Rap star Kanye West personally apologized on Tuesday to country teen star Taylor Swift after a two-day furor over his hijacking of an awards speech that even drew an off-the-cuff comment from PresidentBarack Obama.

Buffett says U.S. economy has not turned up

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The U.S. economy has not begun to climb out of the worst recession since the Great Depression, but the terror that followed last year's near- collapse of the financial system is gone, due in part to government intervention, Warren Buffett said on Tuesday.
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Credit Crunch Constrains International Buyers

Interest in U.S. real estate by international buyers declined due to the worldwide recession and severe credit crunch, according to the 2009 National Association of Realtors Profile of International Home Buying Activity.
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Calpine shuts California Pastoria natgas plant

Calpine Corp shut the 724-megawatt Pastoria natural gas-fired power station in California for planned reasons by Sunday afternoon, the California Independent System Operator said in a report.
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California lawmakers pass tougher clean energy goals

A bill that would power up California's already ambitious effort to shift to cleaner, renewable energy has cleared the state legislature, but it was uncertain if Governor Arnold Schwarzenegger would sign it
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AFI revs up its rock sound on Crash Love

When the members of AFI began work on their 2006 album, Decemberunderground, they tried really hard not to think about it as the follow-up to a big successful record, guitarist Jade Puget says.
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Financier Danny Pang, 42, has died: family

Financier Danny Pang, who was accused by U.S. securities regulators of perpetrating a massive Ponzi scheme on mainly Taiwanese investors, has died, a family spokesman said on Saturday.
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Daily Wrap Up - September 11 Tech

Hacker Albert Gonzalez, accused of masterminding the massive data thefts at BJ's Wholesale Club, TJX and several other retailers, pleaded guilty to some of the largest identity-theft crimes on record on Friday while leaving the federal judge wondering how to compensate his millions of victims.
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Jackson buried with glove, pearls and shades

Michael Jackson was buried with one of his iconic white gloves, sunglasses and dressed with pearl beads and a large gold belt, his sister, La Toya, said in a television interview to air on Friday.
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Baidu unfazed by Google's China inroads: CTO

China Internet search giant Baidu Inc is likely to maintain its search lead over rival Google in China in the near term, given the firm's aggressive expansion plans, a top Baidu executive said.
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Indie rockers join forces as Monsters of Folk

On a hazy mid-August morning at the swanky Viceroy hotel in Santa Monica, California, indie rock royalty Conor Oberst, Jim James, M. Ward and Mike Mogis -- who have gathered to promote their new band, Monsters of Folk -- are nestled on a mustard-colored couch in a quiet room with all-yellow vintage decor that resembles a set from a Stanley Kubrick film. At the moment, however, their concerns are b...
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Chamber challenges EPA on California emissions

The U.S. Chamber of Commerce and the National Automobile Dealers Association have asked an appeals court to review the federal government's decision to let California set its own auto emissions standard.
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Wall Street gains for 5th day on upbeat company news

U.S. stocks gained for a fifth straight session on Thursday, their longest string of gains since November, as a bright outlook from consumer product company Procter & Gamble and a successful Treasury bond auction boosted investors' confidence.
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California lawmaker admits sex talk, not affair

A California lawmaker who resigned after he was caught on tape bragging about his sexual exploits with two women, one of them reportedly a lobbyist, denied on Thursday that he was having extramarital affairs.
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Market rises for 5th day on economic optimism

U.S. stocks rose for a fifth straight session on Thursday as a brighter outlook from consumer product company Procter & Gamble and a successful Treasury bond auction encouraged investors about an economic recovery.
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US copper closes down in consolidation below $3/lb

U.S. copper futures closed down on Thursday, as prices extended a phase of consolidation below the $3.00 a lb level and fell under the weight of renewed concerns about near-term demand prospects, analysts said.
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When Will Global Oil Consumption Rebound?

With global oil consumption having decreased relative to year-earlier levels in every quarter since the middle of last year, we have now experienced four consecutive quarterly declines in world oil use, with another decline expected in the current quarter.

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