CALIFORNIA

Carlyle Launches Financial Firms Buyout Fund

IBTimes Logo
The Carlyle Group has started fundraising for a new global financial services buyout fund that is seeking to top its previous $1.1 billion fund, which is now almost fully invested, a person familiar with the matter said on Tuesday.
More news

New Painkiller Zohydro is 10 Times Stronger than Vicodin, Abuse Experts Alarmed

Companies working to develop a pure hydrocodone drugs have abuse experts and drug control advocates warning that the product will be highly addictive. Drugs like Zohydro, which opponents are already calling the next OxyContin, will be 10 times as strong as Vicodin, and the first time pure hydrocodone will be sold legally in the U.S.
A worker prepares a display of Sharp flat panel televisions for the 2009 International Consumer Electronics Show (CES) at the Las Vegas Convention Center in Las Vegas.

LCD Makers in $539 Million Price-Fixing Accord

Samsung Electronics Co, Sharp Corp and five other makers of liquid crystal displays agreed to pay $539 million to settle claims they conspired to fix prices and stifle competition for LCD panels in televisions, notebook computers and monitors, according to a court filing.
ASUS Eee Pad Transformer Prime

Tablet War: ASUS Transformer Prime vs. Apple iPad 2

Computer maker ASUS' Eee Pad Transformer Prime is expected to hit the U.S. market in 2012 but a rumor suggests the 32GB Amethyst Gray version could be made available to certain pre-ordered customers after Christmas.
Air Jordan

Air Jordan 11 Retro Concords: Get Them on eBay

The Air Jordan 11 Retro Concords are quickly becoming the most sought after design in that line, leading to numerous fights and near riots across the nation when it released on Friday.
IBTimes Logo

Naked Man Flees Ambulance, Dies on Highway

The California Highway Patrol said the man was in an ambulance in Tustin when he began acting erratically. The ambulance was heading north on Interstate 5. CHP Officer John Patterson told The Orange County Register that the driver stopped in the interstate's center divider and the man, naked, jump out the back.
IBTimes Logo

Naked Man Jumps from Ambulance, Killed

A naked California man, who was trying to flee, was struck and killed by a truck after he jumped out of a moving ambulance on a freeway Friday afternoon. The accident happened on the northbound 5 south of the 55 freeway in Tustin at about 7.30 a.m., Sgt. Luis Garcia of the Tustin Police Department told the Weekly.
IBTimes Logo

Etta James on breathing machine in Calif. hospital

Grammy-winning singer Etta James, who has been deemed terminally ill with leukemia, has been hospitalized in California and placed on a breathing machine, her long-time manager and friend said on Friday.
IBTimes Logo

Mel Gibson close to finalizing divorce

Lawyers for actor Mel Gibson and his estranged wife Robyn submitted a proposed divorce settlement to a judge on Friday, moving the pair closer to finalizing their split after 31 years of marriage.
Heating oil

Northeast Petroleum Supplies Set To Drop: EIA Report

Refineries in the Northeast are closing their doors, and as a result, more than half of the area's petroleum refining capacity will be reduced. The reduction is likely to be problematic for ultra-low sulfur diesel, gasoline, heating oil and jet fuel supplies.
IBTimes Logo

Minimum Wage Set to Increase in 8 States on New Year’s Day

The holiday season brings good news to 1.4 million low-wage workers in eight states. On the first day of January, these workers will see their income getting a modest boost as a result of state laws that require the minimum wage to keep up with inflation.

Pages

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.