Latest California News
2 young children die after being swept away by fast-flowing California creek
MOUNTAIN HOME VILLAGE, Calif. (AP) — Two young siblings died after being swept away by a rapidly flowing creek in Southern California's San Bernardino Mountains, authorities said. The tragedy occurred Tuesday when a mother took her 4-year-old daughter and 2-year-old son to spend...
Kennedy-Wilson: Q1 Earnings Snapshot
BEVERLY HILLS, Calif. (AP) — BEVERLY HILLS, Calif. (AP) — Kennedy-Wilson Holdings Inc. (KW) on Wednesday reported net income of $37.8 million in its first quarter. On a per-share basis, the Beverly Hills, California-based company said it had profit of 19 cents. Earnings, adjusted...
Pete McCloskey, GOP congressman who once challenged Nixon, dies at 96
FRESNO, Calif. (AP) — Pete McCloskey — a pro-environment, anti-war California Republican who co-wrote the Endangered Species Act and co-founded Earth Day — has died. He was 96. A fourth-generation Republican "in the mold of Teddy Roosevelt," he often said, McCloskey represented...
California Supreme Court weighs removing a measure making it harder to raise taxes from the ballot
SAN FRANCISCO (AP) — The California Supreme Court is weighing whether to keep a measure off the November ballot that would make it harder for the state and local governments to raise taxes, in a legal battle pitting Gov. Gavin Newsom and Democratic lawmakers against the business groups and...
Net neutrality restored as FCC votes to regulate internet providers
SAN FRANCISCO (AP) — The Federal Communications Commission voted Thursday to restore “net neutrality” rules that prevent broadband internet providers such as Comcast and Verizon from favoring some sites and apps over others. The move effectively reinstates a net neutrality...
Judge grills Apple exec about whether company is defying order to enable more iPhone payment options
OAKLAND, Calif. (AP) — A federal judge on Wednesday questioned whether Apple has set up a gauntlet of exasperating hurdles to discourage the use of alternative payment options in iPhone apps, despite a court order seeking to create more ways for consumers to pay for digital services. ...
SiTime: Q1 Earnings Snapshot
SANTA CLARA, Calif. (AP) — SANTA CLARA, Calif. (AP) — SiTime Corporation (SITM) on Wednesday reported a loss of $28.7 million in its first quarter. The Santa Clara, California-based company said it had a loss of $1.26 per share. Losses, adjusted for stock option expense and costs...
Alector: Q1 Earnings Snapshot
SOUTH SAN FRANCISCO, Calif. (AP) — SOUTH SAN FRANCISCO, Calif. (AP) — Alector Inc. (ALEC) on Wednesday reported a loss of $36.1 million in its first quarter. On a per-share basis, the South San Francisco, California-based company said it had a loss of 38 cents. The...
Hennessy Advisors: Fiscal Q2 Earnings Snapshot
NOVATO, Calif. (AP) — NOVATO, Calif. (AP) — Hennessy Advisors Inc. (HNNA) on Wednesday reported earnings of $1.5 million in its fiscal second quarter. The Novato, California-based company said it had net income of 20 cents per share. The investment manager posted...
QuinStreet: Fiscal Q3 Earnings Snapshot
FOSTER CITY, Calif. (AP) — FOSTER CITY, Calif. (AP) — QuinStreet Inc. (QNST) on Wednesday reported a loss of $7 million in its fiscal third quarter. On a per-share basis, the Foster City, California-based company said it had a loss of 13 cents. Earnings, adjusted for stock option...
