CALIFORNIA

A spokesman from Los Angeles Police Department (LAPD) said Wednesday the investigation of Michael Jackson's death is ongoing and currently not being treated as a homicide.

California Governor Arnold Schwarzenegger said on Wednesday he was hopeful a deal with lawmakers to resolve the state's budget crisis by closing a $26.3 billion shortfall was near, perhaps even by the end of the day.

California's attorney general said on Wednesday his office has run dozens of doctors' names, some of them thought to be aliases, through its prescription drug database to aid police investigating the death of Michael Jackson.

Two of the biggest U.S. credit card companies, Capital One Financial Corp and Discover Financial Services , reported lower-than-expected defaults and delinquencies in June, sending their shares sharply higher.

The U.S.'s largest pension fund, California Public Employees' Retirement System, has filed against Moody's, Standard & Poors and Fitch claiming that they are responsible for over $1 billion of losses caused by their wildly inaccurate risk assessments.

Calpers, the biggest U.S. public pension fund, has filed a suit in a California state court in connection with $1 billion in losses that it says were caused by inaccurate credit ratings from the three leading ratings agencies, The New York Times reported.

Corrects name of blogger in 7th paragraph, Ina instead of Ira

EBay Inc is pulling the plug on its annual eBay Live! event, eschewing the large networking affair for a series of more intimate gatherings to connect sellers.

Sun Microsystems Inc warned that quarterly results will sharply miss Wall Street projections, but the news did not appear to faze Oracle Corp , which is buying the company for $7 billion.

Sun Microsystems Inc warned that quarterly results will sharply miss Wall Street projections, but the news did not appear to faze Oracle Corp , which is buying the company for $7 billion.

Apple Inc on Tuesday said its application download hit 1.5 billion in its first year, setting another milestone for the store which has 65,000 apps and 100,000 developers.

U.S. Energy Secretary Steven Chu and Commerce Secretary Gary Locke arrive to China to stay through July 17 to highlight the potential for mutually beneficial relationships in the clean energy sector.

The new H1N1 influenza virus bears a disturbing resemblance to the virus strain that caused the 1918 flu pandemic, with a greater ability to infect the lungs than common seasonal flu viruses, researchers reported on Monday.

Electric car sales could jump to 86 percent of U.S. light vehicle sales in 2030 if consumers don't have to buy batteries themselves, according to a University of California, Berkeley study to be released on Monday.

Speedy electric cars will soon compete with gas-guzzling SUVs on Abu Dhabi streets as the oil-exporting emirate buys into alternative energy, including, on Monday, a stake in electric-car start-up Tesla Motors Inc.

NetApp Inc may itself become an acquisition target after rival EMC Corp foiled its effort to buy Data Domain Inc, a niche player in the $20 billion-a-year data storage equipment market.

A court hearing scheduled for Monday to determine who will get temporary guardianship of Michael Jackson's children has been moved to July 20 at the request of Katherine Jackson and Debbie Rowe.

Discount retailer 99 Cents Only Stores expects that middle and upper income customers who helped boost its first-quarter sales will continue shopping there after the recession, the company's chief executive said on Friday.

The biggest U.S. banks, including Wells Fargo & Co. and Bank of America Corp., JP Morgan Chase and Citibank announced plans to stop exchanging the registered warrants for cash after Friday.

California has enough cash available to pay its priority bill through September thanks to the IOUs it has been issuing, but it may not be able to make payments in October due to the state's budget crisis, the state controller's office said on Friday.

The biggest U.S. banks, including Wells Fargo & Co. and Bank of America Corp., JP Morgan Chase and Citibank announced plans to stop exchanging the registered warrants for cash after Friday.