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Fed's Fisher sees muted U.S. economic recovery

Dallas Federal Reserve Bank President Richard Fisher on Thursday gave a muted outlook for the U.S. economy, saying a long period of slow growth lies ahead even when the recession ends.

California says it has issued last of its IOUs

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California Controller John Chiang's office said on Thursday it had issued the last of its IOUs, which were intended to allow the state government to preserve its dwindling cash during its recent budget crisis.
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Toyota raising output to ease tight US inventories

Toyota Motor Corp plans to raise production of its Tacoma and Tundra pickups to meet expected demand for trucks, and increase production of fuel-efficient vehicles through the end of the year, executives said on Tuesday.
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Khosla raises $1 bln for renewables, clean tech

Khosla Ventures said on Tuesday it had raised more than $1 billion for renewable energy and clean technology funds, a sign that skittish investors are hot for climate-change-related projects.
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Toyota raising output to ease tight U.S. inventories

Toyota Motor Corp plans to raise production of its Tacoma and Tundra pickups to meet expected demand for trucks, and increase production of fuel-efficient vehicles through the end of the year, executives said on Tuesday.
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As hybrid cars gobble rare metals, shortage looms

The Prius hybrid automobile is popular for its fuel efficiency, but its electric motor and battery guzzle rare earth metals, a little-known class of elements found in a wide range of gadgets and consumer goods.
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Cash-poor Philly borrows $275 mln to pay vendors

Philadelphia will take out a $275 million short-term loan from JPMorgan Chase to pay vendors that have gone without compensation since July because of one of the the worst budget crises in nearly 50 years, Democratic Mayor Michael Nutter said on Tuesday.
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DJ AM funeral plans

The date for DJ AM's funeral is not yet known to the public but speculation is that DJ's remains will be moved to California where he is expected to be buried later this week.
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High times: Sublime to reunite for Smokeout

Sublime, the chart-topping punk-reggae group that split up more than 13 years ago when its lead singer overdosed, is gearing up to play its first official gig with a new vocalist at a festival celebrating cannabis.
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Ex-Miss California sues over gay marriage comment

Former Miss California USA Carrie Prejean has sued beauty pageant organizers claiming she was wrongfully fired for saying marriage should be only between a man and a woman, her lawyer said on Monday.
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Sun Belt Real Estate Markets Struggle

In many of the Sun Belt cities, growth from 2002 to 2006 was tied to real estate and construction. Now, the economies and foreclosures in those places are worse than in other regions.
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Jaycee Lee Dugard daughters were not jungle kids: friend

Jaycee Lee Dugard's daughters did not seem wolves or jungle kids like media portrays them, instead seemed polite and well-mannered, Cheyvonne Molino a woman who knew them, told CNN which obtained and published pictures of them on Monday.
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Detroit's car woes spread to California

For more than two decades, Frank Ramirez has made a living working an unusual job in Silicon Valley: assembling cars and trucks for Toyota Motor Corp and General Motor Co.
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Dangerous hurricane headed for Baja California

Hurricane Jimena, a dangerous Category 4 storm off Mexico's Pacific Coast, was on track to buffet resorts on the Baja California peninsula on Tuesday, the U.S. National Hurricane Center said.
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Two firefighters die in growing LA wildfire

The five-day-old wildfire burning out of control in the Los Angeles foothills and forest claimed its first victims on Sunday, two firefighters whose vehicle plummeted off the side of a road.
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Los Angeles wildfire forces thousands from homes

A wildfire in the heavily populated Los Angeles foothills threatened 10,000 homes on Sunday, and California Governor Arnold Schwarzenegger warned residents to heed evacuation orders for the out of control and very dangerous blaze.
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Hurricane Jimena strengthens in Mexican Pacific

Hurricane Jimena blew into an extremely dangerous Category 4 storm off Mexico's Pacific Coast on Sunday and was headed close to resorts on the Baja California peninsula, the U.S. National Hurricane Center said.

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