CALIFORNIA

Apple Inc's profits and sales streaked past Wall Street forecasts as iPhone and Mac sales hit quarterly records, sending its shares rocketing to all-time highs on Monday.

Apple reported better than expected fourth quarter earnings on Monday after the closing bell, sending shares up 7 percent in after hours trading.

Shares of SunPower Corp rallied more than 6 percent on Monday as analysts upped their view of the company ahead of its quarterly results slated for this week.

Expectations are high for Apple, set to report its fourth-quarter results Monday afternoon, as analysts believe the iPhone maker has shown few signs of being slowed down by the recession.

Billionaire hedge fund founder Raj Rajaratnam and executives from some of the most prestigious U.S. companies were charged on Friday with the largest hedge fund insider-trading scheme ever.

A judge on Friday extended Lindsay Lohan's probation on drunken driving and other criminal charges for one more year, telling the struggling actress to get serious about her alcohol education program.

There is something about coming to this sun-baked corner of California that feels like inspecting the scene of a crime.

Google Inc. reported a 27 percent increase in third-quarter profit, surpassing analysts' estimates, following a boost in online ads and e-commerce.

The U.S. military is tackling a new mission in the field of alternative energy, moving to power up a 500-megawatt solar facility at Fort Irwin's sprawling desert complex in California.

It's been more than 30 years since John Cleese made his television classic Fawlty Towers and the British comedian is just as proud of it now as when he helped create the series in the 1970s.

I've never seen anyone hitchhiking in Japan. Maybe it's because most people own a car or motorbike, and those that don't rely instead on the fantastically efficient train and bus services.

The New York Times Co said it has given up its plan to sell The Boston Globe and related businesses after drastic cuts it imposed on the daily newspaper earlier this year improved its financial position.

Supermarket chain Safeway Inc posted quarterly profit that beat Wall Street expectations as it cut costs to help counteract declining food prices, sending its shares up nearly 8 percent on Thursday.

U.S. mortgage foreclosure filings fell for a second straight month in September, but remained near a record high, amid ongoing and sweeping efforts to keep borrowers in their homes, a report released on Thursday showed.

U.S. mortgage foreclosure filings fell for a second straight month in September, but remained near a record high, amid ongoing and sweeping efforts to keep borrowers in their homes, a report released on Thursday showed.

One American industry is booming amid the slump and job losses: mortgage rescue scams that prey on homeowners in financial straits.

Advance sales for This Is It look set to make the concert movie starring the late Michael Jackson into one of the hottest tickets of the year.

Director Roman Polanski is finishing work on his latest film from a Swiss jail where he is fighting extradition to the United States on a 1977 sex charge, writer Robert Harris was quoted as saying on Wednesday.

U.S. mortgage foreclosure filings fell for a second straight month in September, but remained near a record high, amid ongoing and sweeping efforts to keep borrowers in their homes, a report released on Thursday showed.

If you're looking for work, don't look in California.

U.S. mortgage foreclosure filings fell for a second straight month in September, but remained near a record high, amid ongoing and sweeping efforts to keep borrowers in their homes, a report released on Thursday showed.