CALIFORNIA

Moody's Investors Service assigned on Wednesday its 'Aa3' rating to $1 billion of California Department of Water Resources bonds scheduled for sale next week to help the department replace variable-rate debt.

Reality TV star Kim Kardashian sued retailer Old Navy on Wednesday to force the clothing store chain to quit using a look-alike model in advertisements the celebrity claims hijack her fame.

Urban poet Philip Levine was named on Wednesday as the 18th poet laureate by the Library of Congress, which praised his writing for plain-spoken lyricism about working class Americans in Detroit.

Casey Anthony, the Florida woman who was found not guilty recently of murdering her two year-old daughter, is the most hated person in America, according to a new poll that tracks public perceptions of celebrities.

Customs agents have seized three gallons of a chemical used to make the date rape drug GHB at Los Angeles International Airport amid a surge in illegal shipments of the intoxicant, authorities said on Wednesday.

Cisco Systems Inc (CSCO.O) forecast slim revenue growth this quarter, a pleasant surprise to investors bracing for a sharp pullback in global technology spending that sent its shares soaring 10 percent.

California's latest monthly revenue report shows revenue weaker than expected even before the stock market, a key source of revenue for the state, began sliding in response to Standard & Poor's downgrade of U.S. debt, anxiety about Europe's finances and the risk of the U.S. economy slipping back into recession.

Cisco Systems said earnings beat estimates but revenue pace will stay slow

The Pentagon will test a super fast, unmanned aircraft that can travel at Mach 20 -twenty times faster than the speed of sound, up to 13,000 miles per hour. The Defense Research Projects Agency (DARPA) will test the Falcon Hypersonic Technology Vehicle 2 (HTV-2) Thursday morning from Vandenberg Air Force in California. A Minotaur IV Lite rocket will lift off with the HTV-2, and release the aircraft after penetrating the atmosphere.

The Defense Research Projects Agency is testing Thursday an unmanned aircraft that can travel faster than the speed of sound, up to 13,000 miles per hour, and send a missile to a target within an hour. If successful, it will be fast enough to travel from coast to coast (between Los Angeles and New York) in just 12 minutes.

Jurgen Klinsmann starts his U.S. head coaching career.

In an effort to protect crime victims and discourage further criminal activity, Facebook has teamed up with the California Department of Corrections and Rehabilitation to remove illegal inmate accounts from the social networking Web site.

Walt Disney Co. (NYSE: DIS) saw its stock plummet Wednesday amid concerns that it won't perform well in a weakened economy.

The U.S. meets Mexico new head coach Jurgen Klinsmann's debut

Researchers concluded that elderly women who suffer from sleep apnea are considerably more likely to develop dementia as well as other signs of cognitive decline.

The U.S. Federal Reserve on Tuesday took the unprecedented step of promising to keep interest rates near zero for at least two more years and said it would consider further steps to help growth, sparking a rebound in stocks.

The U.S. faces nemesis Mexico in Philadelphia

FBR Capital Markets has upgraded the shares of VMWare, Inc. (NYSE:VMW) to "outperform" from 'market perform," saying that the company would be a leading beneficiary of increasing demand for virtualization solutions.

The Defense Department plans a second test of its super-fast aircraft that can fly at a blistering speed of 13,000 mph or 20 times the speed of sound (MACH 20).

It seems everything going Apple's way. A day after the consumer technology giant briefly surpassed Exxon Mobil to become the world's largest public company by market capitalization, it won a legal battle against Samsung in Europe.

A recent study relates irregular breathing as a measure of oxygen deficiency during sleep, leading to memory loss at later stages.