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Report: Apple Triggers Initial Production of iPad 3

Apple to Unveil New Store in Berkeley on Saturday

The soon-to-be eleventh Apple retail store will be unveiled at 1823 Fourth street Berkeley, California on Saturday. The first 1000 customers will receive a free commemorative T- shirt at the grand opening, which starts at 10 am.
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L.A. gasoline jumps 9 cents on EIA draw - trade

Wholesale gasoline differentials jumped 9 cents on Wednesday after the U.S. Energy Information Administration reported a 1.78-million-barrel draw last week on West Coast gasoline stocks, traders said.
Giant Rodents

Giant South American Rodent Spotted in California

A giant South American rodent weighing at least 100 pounds (45 kgs) was spotted at a waste-water treatment facility in California recently before disappearing in the brush, according to a wildlife official.
Berkshire Hathaway Chairman Warren Buffett wanders the company trade show before his company's annual meeting in Omaha

Insight: Will Buffett, Schultz Debt Plans Be Shunned?

Warren Buffett and Howard Schultz want to change the conversation about how to fix the United States' economic woes. But their solutions - more taxes on the rich and a boycott on political donations - risk falling on deaf ears among fellow business leaders.
Capybara Rodent

Giant Rodent, Weighing 100 Pounds, Spotted in California

A giant South American capybara rodent weighing at least 100 pounds has been spotted at a California waste-water treatment facility, but has since disappeared in the brush, a wildlife official said on Tuesday, adding that it is apparently an escaped pet.
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KCET strikes $50 million deal

KCET, the former PBS station serving Southern and Central California, has entered a partnership with Eyetronics Media and Studios to produce and acquire new series, the companies announced Tuesday. Under the agreement, Eyetronics will provide up to $50 million in funding for the new programs, which will start production in the fall.
Bond fund manager Jeffrey Gundlach testifies in court in Los Angeles

At trial, Gundlach describes bad vibes from SocGen exec

Star bond fund manager Jeffrey Gundlach did not instruct anyone to copy analytic systems from his former employer, Trust Company of the West, but did devise a "defensive plan" in the event he would be fired, he testified in court.
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Investor Gundlach feared his new firm would fail

Jeffrey Gundlach thought it was "quite likely" that DoubleLine Capital, the firm he launched after being fired by his former employer, was going to fail six months after its formation, he said in court.
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Oxygen May Have Existed Undersea 300 Million Years Before Its Atmosphere Debut: MIT Scientists

Oxygen may have been present on Earth 300 million years before it was breathed into the atmosphere, scientists concluded from a new research.Researchers from Massachusetts Institute of Technology discovered evidence that small aerobic organisms could have evolved to survive on extremely low levels of the gas in undersea "oxygen oases," keeping a low profile in the oceans before its debut in the atmosphere.

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