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>> CALIFORNIA Latest News

3 HOURS AGO - Washington Business Journal

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Solar installer RGS Energy to cut 30% of staff, reorganize

RGS Energy, a rooftop solar-power installation company based in Louisville, said Monday it has "begun a process of reorganization and realignment" that includes reducing its employee head count by 100 positions, or 30 percent of its current staff, over the next few months. The greatest cuts for the company (Nasdaq: RGSE), formally known as Real Goods Solar, will be in ...

Tags: Solar installer RGS Energy to cut 30% of staff, reorganize,  California Latest News

3 HOURS AGO - Business Insider

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What happened with Lumber Liquidators is a perfect example of why hedge funds can be great for America

Whitney Tilson, who runs Kase Capital, just gave us all a great example of how hedge funds can be a force of good. On Sunday,"60 Minutes" and Anderson Cooper ran a damning report about Lumber Liquidators–America's largest specialty retailer of hardwood floors. The report found that Lumber Liquidators appears to be selling laminate flooring from China with levels of formaldehyde that's ...

Tags: What happened with Lumber Liquidators is a perfect example of why hedge funds can be great for America,  California Latest News

4 HOURS AGO - New York Times

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California Beach Community Prepares for High-Stakes Vote on Oil Drilling

Hermosa Beach will go to the polls on Tuesday to decide whether to follow through on a longstanding contract for drilling rights or pay millions to kill the deal.

Tags: California Beach Community Prepares for High-Stakes Vote on Oil Drilling,  California Latest News

4 HOURS AGO - Business Insider

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Lumber Liquidators shares crashed after a damning '60 Minutes' report (LL)

Lumber Liquidators shares got smoked on Monday after a report aired on "60 Minutes" Sunday night that showed major issues at some of the company's factories in China. On Monday, shares of the company fell 25% to close at $38.83. Over the five trading days, shares of the company are down more than 40%. At the opening bell on Monday, ...

Tags: Lumber Liquidators shares crashed after a damning '60 Minutes' report (LL),  California Latest News

4 HOURS AGO - Business Insider

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NASDAQ TOPS 5000 FOR THE FIRST TIME SINCE 2000: Here's what you need to know (DIA, SPX, SPY, QQQ, TLT, IWM, LL, AXP, KO, IBM, BRKA, BRKB, COST, V, GNW)

The Nasdaq crossed 5,000 for the first time since 2000, rallying with other major stock indexes to start the week. The S&P 500 and Dow Jones also rallied to fresh all-time highs on Monday. First the scoreboard: Dow: 18,280.7, +148, (+0.8%) S&P 500: 2,117.4, +12.9, (+0.6%) Nasdaq: 5,008.1, +44.6, (+0.9%) And now, the top stories on Monday: In economic data, ...

Tags: NASDAQ TOPS 5000 FOR THE FIRST TIME SINCE 2000: Here's what you need to know (DIA, SPX, SPY, QQQ, TLT, IWM, LL, AXP, KO, IBM, BRKA, BRKB, COST, V, GNW),  California Latest News