CALIFORNIA

NASA Has Accomplished Much This Year

NASA
Armed with new researches and discoveries, the National Aeronautics and Space Administration (NASA) is back in the news again. While NASA promised to provide insights into its findings on astrobiology on Thursday, there have been several other developments at the agency this week.
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In an act of civil disobedience, demonstrators handcuff themselves to the fence at the White House and shout their protests against the military's "don't ask, don't tell" policy in Washington November 15, 2010

U.S. govt. to release report on DADT today

The U.S. Department of Defense is scheduled to release on Tuesday its research findings and report examining the effects of repealing the 1993 Don't Ask, Don't Tell policy.
Apple profit view raised at ThinkEquity

Apple profit view raised at ThinkEquity

ThinkEquity has increased its profit estimates and price target on Apple Inc., saying that the recent expansion of iPad distribution in the U.S. and iPad's launch in more international markets, easing of supply constraints this quarter are strong positives for the company.
U.S. Representative Charles Rangel (D-NY) talks on his mobile phone as he waits for the panel to return from a break in his ethics hearing before the House Adjudicatory subcommittee at Capitol Hill in Washington, November 18, 2010

U.S. House will decide Rangel's fate next week

Rep. Charles Rangel (D-N.Y.), who has been found guilty of ethics violations, could become the congressman to be censured since 1983 if the full House of Representatives approves the punishment recommended by the congressional ethics committee.
CPI Intl. to be bought by Veritas Capital for $525 mln

Veritas Capital To Buy CPI Intl. For $525M

CPI International, Inc. (CPII), which makes broadcast and wireless components, said it agreed to be acquired by an affiliate of private-equity firm Veritas Capital for about $525 million in cash.
A man is shown thinking pictures of Marilyn Monroe and Michael Jackson.

Forget touchpads, thought-pads are coming

May be in next few years, touchpad screens will become obsolete and would be replaced by thought-pads. Researchers have found it is possible to manipulate complex visual images on a computer screen using only the mind.
People fill up job application forms at a job fair in Los Angeles, California, October 13, 2010.

US weekly jobless claims fall

Initial jobless claims were better-than-expected for the week ended Nov. 20, hitting levels that had not been seen since July 2008, the Labor Department said in a report.

Oracle Wins $1.3B In SAP Suit

SAP AG will be paying Oracle 1.3 billion in damages, one of the largest awards ever given in a copyright infringement suit.
Coda signs rental deals with Hertz Corp

Coda signs rental deals with Hertz Corp

CODA Automotive, a California-based electric car and battery company, and The Hertz Corporation, the world's largest general use airport car rental brand, entered into a partnership making 100% all-electric CODA sedans available at select Southern California Hertz locations.
Great Lakes

Earth's biggest lakes warming up as climate changes

Even as scientists are warning that the increasing global warming could be a threat to aquatic species, NASA researchers have determined that Earth's largest lakes have warmed during the past 25 years in response to climate change.
An employee of a computer shop poses with a SanDisk compact flash memory card

Sandisk upgraded to 'outperform' at RW Baird

Robert W. Baird upgraded shares of Sandisk, to 'outperform' from 'neutral', citing expectations of stable gross margin for 2011 and significantly better-than-seasonal NAND pricing for first half of 2011.
IBTimes Logo

Top After-Market NASDAQ Losers (PSUN, FMCN, BRCD, JACK, NUAN)

The top after-market NASDAQ stock market losers are: Pacific Sunwear of California, Focus Media Holding, Brocade Communications Systems, Jack in the Box, Nuance Communications, Healthways, Sanderson Farms, Motricity, RealNetworks, and FSI International.
Novell

Attachmate To Buy Novell In $2.2B Deal

Attachmate Corp, an investment group owned by Francisco Partners, Golden Gate Capital and Thoma Bravo, said it will buy networking solutions company Novell, Inc. for about $2.2 billion.
Givenchy Nightingale (right) and BCBG Rembrandt handbags

Givenchy files suit against BCBG

Givenchy has filed a federal lawsuit against BCBG in California district alleging that their Nightingale bag has been copied and sold by BCBG as their Rembrandt bag, which results in trade infringement. The Givenchchy bag retailed for $2,175 whereas BCBG sold their bag for $118.
Upward pressure on wages to follow: BNA Index

6,000 New York City teachers to be axed

New York City could axe as many as 6,000 teachers working in its public schools and slash its budget by $350 million as part of belt tightening, an employment consultancy said in a release on Monday. Education experts have warned that teacher layoffs in New York City, which has not laid off teachers since 1976, will impact schools adversely by causing increase in the class sizes.
Yahoo! Mail spam filter

Mass emailer sues Yahoo, Microsoft, etc for treating it as spammer

Holomaxx Technologies Corp., a Can-Spam compliant bulk emailer, has accused Yahoo, Microsoft, Cisco Ironport Systems and Return Path of breaching the wiretapping and other communications laws and wrongly blocking the mass emails it sends on behalf of its clients from reaching intended recipients.

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