Sat, Jul 11th, 2009 | Business, U.S. |

SACRAMENTO, Calif. -- Gov. Arnold Schwarzenegger and legislative leaders were scheduled to resume work Saturday on bridging California's $26 billion budget shortfall following an unexpected resumption of negotiations the day before. Late Friday, lawmakers from both parties expressed optimism about the ...Read More

Electric-car maker Tesla said to be planning stock offering

Fri, Nov 20th, 2009 | Business |

Will investors get charged up over a stock offering by California electric-car maker Tesla Motors Inc.? The answer to that question may be coming soon. The company plans to file for an initial public stock offering in the near future, Reuters ...Read More

California's top officials to take 18% pay cut in December

Fri, Nov 20th, 2009 | U.S. |

Pay for California's top elected officials will be slashed by 18 percent next month, one year earlier than expected, to abide by an opinion issued Thursday from Attorney General Jerry Brown. Just in time for the holiday season, lawmakers will have ...Read More

California faces $20B deficits for years to come

Wed, Nov 18th, 2009 | Politics |

SACRAMENTO, Calif. -Despite multiple attempts to balance California's budget, the state can still expect to confront shortfalls approaching $20 billion during each of the next five years, according to a long-range forecast released Wednesday. The report by the nonpartisan Legislative Analyst's ...Read More

Schwarzenegger rules out another run for office

Wed, Nov 18th, 2009 | Politics, Top Stories |

MILAN—California Gov. Arnold Schwarzenegger won't say what his plans are when his term expires next year, but it won't be running for another office. "I have never labeled myself as a politician, so I am not going to run for anything ...Read More

California Governor Schwarzenegger drops in on US troops in Iraq, reminds them to 'pump up'

Mon, Nov 16th, 2009 | Politics, Top Stories |

BAGHDAD (AP) - California Governor Arnold Schwarzenegger has dropped in on U.S. troops in Iraq, thanking them for the sacrifices they and their families are making. Schwarzenegger entered a crowded dining hall at Camp Victory on Baghdad's outskirts Monday to a ...Read More

Schwarzenegger drops in on US troops in Iraq

Mon, Nov 16th, 2009 | Politics, Top Stories, World |

Schwarzenegger drops in on US troops in Iraq BAGHDAD—California Governor Arnold Schwarzenegger has dropped in on U.S. troops in Iraq, thanking them for the sacrifices they and their families are making. Schwarzenegger entered a crowded dining hall at Camp Victory on Baghdad's outskirts Monday to a loud roar from ...Read More

Iran to resume French lecturer's trial Tuesday: report

Sun, Nov 15th, 2009 | World |

TEHRAN (Reuters) - The trial of a French teaching assistant who was arrested on spying charges following Iran's disputed election in June will resume on Tuesday, Iran's ISNA news agency reported on Sunday. Clotilde Reiss, who is out of jail on ...Read More

PNC urges Hamas to end rift as Egypt resumes reconciliation dialogue soon

Sat, Nov 14th, 2009 | World |

RAMALLAH, Nov. 14 (Xinhua) -- Members of the Palestinian National Council (PNC) from the West Bank and Jerusalem on Saturday called on Hamas movement to end the current division as Egypt vowed to resume the dialogue on inter-Palestinian reconciliation by ...Read More

Calif water deal no quick fix for struggling farms

Fri, Nov 13th, 2009 | U.S. |

SACRAMENTO, Calif.—When Gov. Arnold Schwarzenegger was promoting a complex legislative package to rebuild California's water system, he often appeared alongside farmers who were unable to cultivate their land amid a third year of drought and federal pumping restrictions. Yet agricultural relief ...Read More

VW to Resume Awarding Magna Car Parts Contracts, Bild Reports

Fri, Nov 13th, 2009 | Business |

Nov. 13 (Bloomberg) -- Volkswagen AG plans to resumeawarding contracts to Magna International Inc. for car parts,Bild Zeitung reported. Since losing a bid to purchase General Motors Co.’s Opeldivision, Magna is not considered a competitor of Volkswagen,and Europe’s largest carmaker will ...Read More

Governor submits plan to cut prison population

Fri, Nov 13th, 2009 | Top Stories, U.S. |

Governor submits plan to cut prison population Reporting from Sacramento - Gov. Arnold Schwarzenegger on Thursday gave federal judges a road map to reducing state prison overcrowding by waiving some state laws to allow sentences to be reduced and new private prisons to be built. But the governor ...Read More

Yuan to Resume Gains After PBOC, Calyon, Westpac Say

Thu, Nov 12th, 2009 | Business |

Yuan to Resume Gains After PBOC, Calyon, Westpac Say Nov. 12 (Bloomberg) -- China will probably let the yuanstart rising against the dollar in early 2010 after the centralbank signaled it may pursue a more flexible currency policy,said Calyon, the investment-banking arm of Credit Agricole SA. The exchange rate will ...Read More

California Gov. Arnold Schwarzenegger plans visit to US troops in Iraq

Wed, Nov 11th, 2009 | Politics |

SACRAMENTO, Calif. — Gov. Arnold Schwarzenegger's office says the governor will visit U.S. troops in Iraq next week. Schwarzenegger's communications director, Matt David, says the Republican governor will spend a couple days in Iraq early next week, but he said he ...Read More

Hamas to endorse reconciliation plan as Abbas extends his hands for dialogue

Wed, Nov 11th, 2009 | Top Stories, World |

GAZA, Nov. 11 (Xinhua) -- Islamic Hamas movement officials Wednesday said the movement will endorse an Egyptian-proposed reconciliation plan as Palestinian President Mahmoud Abbas said his hand was extended to Hamas for the national dialogue. Earlier on Wednesday, Aziz Dweik, speaker ...Read More

Schwarzenegger signs water conservation bill in San Jose

Tue, Nov 10th, 2009 | U.S. |

Schwarzenegger signs water conservation bill in San Jose With willow trees, migrating geese and local politicians as his backdrop, Gov. Arnold Schwarzenegger on Tuesday visited San Jose to sign a new water conservation law that aims to reduce urban use 20 percent statewide by 2020. Schwarzenegger signed the bill, ...Read More

Gov. Arnold Schwarzenegger signs $11.1 billion California water bond measure

Tue, Nov 10th, 2009 | Politics |

FRIANT — Framed by a shrinking mountain reservoir, Gov. Arnold Schwarzenegger signed a far-reaching water bond measure Monday intended to rebuild California's crumbling water system and fund new dams to save up the precious resource for dry years. Yet at a ...Read More

Taiwan Exports Likely To Resume Growth In November

Mon, Nov 9th, 2009 | Business |

(Adds economists' comments on outlook for Taiwan's exports.) Of DOW JONES NEWSWIRES TAIPEI (Dow Jones)--Taiwan's exports will likely resume robust growth in November after they fell at their slowest pace in more than a year in October because of strong demand for ...Read More

EU calls on both sides of Honduras to resume dialogue

Sat, Nov 7th, 2009 | Top Stories |

STOCKHOLM, Nov. 7 (Xinhua) -- The European Union (EU) urged on Saturday Honduras' ousted President Manuel Zelaya and de facto President Roberto Micheletti to return to the dialogue in an attempt to save the Tegucigalpa-San Jose Agreement. EU is concerned over ...Read More