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Obama's pay czar no stranger to big paychecks

The pay czar tasked by the U.S. government with ruling on the eye-popping compensation of some of Wall Street's top earners is far from a stranger to big paychecks and the trappings of wealth.

Guaranty Financial files Chapter 11

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Guaranty Financial Group Inc has filed for Chapter 11 bankruptcy protection, less than a week after regulators seized its banking unit and sold most of its assets to the Spanish bank, Banco Bilbao Vizcaya Argentaria SA .
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Apple dismisses exploding iPhones in France

Apple hit back on Friday over the affair of the exploding iPhones in France by dismissing the whole story as nonsense and suggesting that the owners were either negligent or liars, the Times reported on Friday.
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Toyota to end California plant production

Toyota Motor Corp will end production at a California plant it has shared with General Motors for 25 years, prompting regret and criticism from labor and politicians facing more job losses in an industry and a state pummeled by recession.
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In Chicago, swine flu hit children hardest

Swine flu infected 14 times as many children as adults over 60 in Chicago, city health department officials reported on Thursday in one of the first detailed looks at the new pandemic virus.
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Jaycee Lee Dugard abductor speaks out in interview

Phillip Garrido, 58 the kidnapper of Jaycee Lee Dugard, 29 who kept her isolated for 18 years, asked people to wait for the entire story at what happened at the house before making judgments, during an interview with KCRA3 Thursday night.
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Kidnapped California girl found 18 years later

A California girl who was kidnapped at the age of 11 in 1991 has been found alive, having spent 18 years living in sheds and tents behind the home of her accused abductor, a convicted rapist who fathered two children with her, police said on Thursday.
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Jaycee Lee Dugard's survival story

Jaycee Lee Dugard, 29, lived captive in a backyard for almost two decades, separated from her family and gave birth at age 14 to the first child with her kidnapper, Phillip Garrido, 58.
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Celebrity mugshots

Actress Lindsay Lohan is pictured in this police booking photograph released July 24, 2007. California officials, on August 23, 2007, charged Lohan with seven misdemeanor counts of cocaine possession, drunken driving and reckless driving stemming from two arrests.
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Economy shrinks less, jobless claims fall

The U.S. economy shrank less than expected in the second quarter, despite a record drop in inventories, and fewer workers filed new claims for jobless benefits last week, a sign the economy was starting to heal.
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PG&E Diablo Canyon 2 reactor slips to 77 pct power

PG&E Corp's (PCG.N) 1,150-megawatt Diablo Canyon 2 nuclear power unit in California was at 77 percent power early Thursday, down from full power on Wednesday, the U.S. Nuclear Regulatory Commission said in its power reactor status report.
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Jasmine Fiore’s missing car found

The missing Mercedes belonging to murdered model, Jasmine Fiore, has been located and confirmed by the Buena Park police department that it is definitely her car according to reports from TMZ.
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Michael Jackson employees untold secrets

Two men who worked for Michael Jackson and were at his house the day the pop star died want to be interviewed by the Los Angeles Police Department to contribute to the singer's death probe, the L.A. Times reported.
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BUY OR SELL-Is it time to log out of ValueClick?

Shares of ValueClick Inc (VCLK.O) have gained 66 percent in the past six months, but the online-advertising company has seen revenue declines over the past three quarters due to weakness at two of its major segments.

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