CALIFORNIA

HP Shares Jump After Upgrade; New CEO Opts for PCs

HP Invent logo is pictured in front of Hewlett-Packard international offices in Meyrin near Geneva
Shares of Hewlett-Packard rose about 3.5 percent Friday after the No. 1 maker of PCs decided not to drop out of the business. Separately, Fitch said the decision favorably affected its credit rating.

Apple Sales Surge 174% in Asia-Pacific

Apple sales in the Asia-Pacific region jumped 174% from a year ago.
Apple sales in China and Japan reached $14.3 billion in 2011, an increase of 174 percent from a year ago. The region accounts for nearly a quarter of revenue.
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Iraq war veteran Scott Olsen is shown in this undated photo released to Reuters

Injured Soldier Spurs Veteran Support for 'Occupy'

A former soldier wounded in a protest on the streets of Oakland after surviving two tours in Iraq has put a new face on the 'Occupy' movement by galvanizing veteran backing for the push against economic inequality in the United States.
Apple iPhone 4S

Spy-Phone App Allows User to 'Read' Typing on Nearby Computers

A team of computer security researchers recently developed a proof-of-concept 'spy' app for the iPhone 4 capable of tracking typing on a nearby keyboard using the device's native accelerometer and gyroscope. Even a basic, widely available mobile device such as the iPhone is sensitive enough to enable the app to pick up data such as whether the keystrokes come from the left or right side of the keyboard and the relative distance between punched keys.
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Oxy drills as fast as permits allow in California

Occidental Petroleum Corp expects to have drilled 195 shale oil wells in its home state of California by the end of this year, although it would like to drill far more if the permitting process allowed it.
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Police Seek Help on Death of Former 'Penthouse' Model Anneka Vasta

Authorities appealed to the public for information Tuesday after a nine-month investigation on the death of former Penthouse model, Anneka Vasta, who was found washed up on a Camp Pendleton, Calif. beach. Joggers found the model's naked body with a broken neck and back on the Marine training beach on Jan. 4, 2011. Police are still trying to establish whether Vasta's death was a suicide, accidental death or foul play. Her family vehemently denies that Vasta could have committed suic...
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States May Lose Big in Jobs, Funds If Medicaid Cut

Cutting Medicaid by 5 percent would cost U.S. states $14 billion and trigger job losses in the tens of thousands by depressing spending by states, hospitals, nursing homes, drug companies and others, a study said on Wednesday.
A sign at the entrance to the headquarters of bankrupt Solyndra LLC is shown in Fremont

California Eyes Solar Path Around Solyndra Wreckage

California political leaders chose a site near the headquarters of Solyndra to kick off hearings on how the state's growing cleantech industry can proceed in the wake of that solar company's dramatic collapse.

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