CALIFORNIA

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Apple's Jobs has excellent prognosis

Apple Inc chief executive Steve Jobs underwent a liver transplant at a Tennessee hospital and has an excellent prognosis, the hospital that performed the operation confirmed on Tuesday.

Dollar pressured ahead of Fed meeting outcome

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The U.S. dollar fell on Tuesday on speculation the Federal Reserve may attempt to keep debt costs low by reducing expectations for higher interest rates at the conclusion of its meeting on Wednesday.
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Oracle net slips 7 pct, operating margins up to 42 pct

Oracle Corp. reported that net income earnings fell 7 percent in the fourth quarter, while operating margins rose to 42 percent, with income impacted by the reduced value of foreign currencies when compared to U.S. dollars, the company said Tuesday.
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Toyota confirms Akio Toyoda as new president

Toyota Motor Corp confirmed Akio Toyoda as its new president on Tuesday, promoting the grandson of the company's founder to guide the world's No.1 automaker through the worst downturn in its history.
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Toyota confirms new management under Akio Toyoda

Toyota Motor Corp confirmed Akio Toyoda as its new president on Tuesday, promoting the grandson of the company's founder to guide the world's No.1 automaker through the worst downturn in its history.
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Apple CEO Jobs spotted leaving campus

Apple Chief Executive Steve Jobs showed up for work on Monday and was spotted leaving the main corporate campus in Cupertino, California, a Reuters witness said.
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The Rugged Palm Springs - California, USA

Ah, the pleasures of Palm Springs – sitting poolside, soaking up the sun and sipping on a cool drink. That’s the pampered Palm Springs that most Western New York vacationers think about when they hear the name of this Southern California desert oasis.
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T-Mobile to sell new Google phone in August

T-Mobile USA will begin selling a new smartphone using Google Inc's Android operating software in August, facing off against high-end devices such as Apple's latest iPhone and the Palm Pre.
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Smaller crowds greet new iPhone

Apple Inc's latest iPhone hit stores on Friday with new features and faster speeds, drawing plenty of fans, if not the crowds that had swarmed the previous iPhone debuts.
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Moody's warning on California debt stuns state

California, which is struggling to close a $24.3 billion budget gap, faces the prospect of a multi-notch downgrade in its credit rating if the state's legislature fails to act quickly to produce a budget, Moody's Investors Service warned on Friday.
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Income tax collections drop in states: report

Personal income taxes, a key revenue generator for most U.S. states, plummeted 26 percent, or $28.8 billion, in the first four months of 2009 compared to the same period in 2008, according to a Rockefeller Institute of Government report on Thursday.
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Cal PUC approves SCE 500-MW rooftop solar program

A program to place 500 megawatts of solar photovoltaic panels on commercial rooftops in the Southern California Edison territory was approved unanimously by the California Public Utilities Commission on Thursday.
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California utility cuts new solar thermal deal

Southern California Edison, a utility arm of Edison International, said on Wednesday it had signed contracts to buy up to 960 megawatts of power from solar thermal and wind power suppliers.
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Green Dam Developers faces legal action

The controversial software to filter pornography and other unsuitable websites may face another yet another hurdle. The developers of the Chinese filtering software ‘Green Dam’ may face legal charges from the California-based Solid Oak, makers similar filtering software.
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Toyota to ramp up Prius output, denies Nummi plan

Toyota Motor Corp is preparing to ramp up production of the hot-selling Prius hybrid by adding weekend shifts, and denied a report that it was considering building the model at a plant in California held jointly with General Motors Corp.
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White House says no to California budget help

The White House on Tuesday dashed hopes that the federal government would help California overcome a mammoth budget crisis that has brought the state dangerously close to an economic meltdown, saying the state will have to solve the problem on its own.
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U.S. company accuses China of stealing software

A California software publisher will seek an injunction preventing U.S. companies from shipping computers with Chinese anti-pornography software it says was stolen, the company's president said on Saturday.

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