State California Financial News

All eyes are fixed on Nvidia (NASDAQ:NVDA) as the supplier of Artificial Intelligence (AI) hardware and software gears up to report what could potentially be the most important event of the Q2 earnings season.

There’s a common misconception that prenuptial agreements are only for protecting the assets of an ultra-wealthy person from their spouse, but they can do much more

A US court has ordered a stay on the extradition of Tahawwur Rana to India. The Pakistani-origin Canadian businessman faces a trial for his involvement in the 2008 Mumbai terror attacks and has been linked to terrorist David Coleman Headley - one of the main conspirators behind the incident. The Biden administration had earlier urged a California court to deny the writ petition filed by Rana.

storm Hilary flooded streets and triggered mudslides across Southern California. However, no US deaths were attributed to the storm and fears of disaster dissipated, according to a report published by Reuters. In California, Hilary arrived as a rare tropical storm that dumped 4 to 5 inches (1o to 12 cm) of rain on coastal areas and 10 inches (25 cm) or more in the mountains, the National Weather Service Meteorologist Richard Thompson said.

US court has ordered a stay on the extradition of Pakistani-origin Canadian businessman Tahawwur Rana, to India where he is facing a trial for his involvement in the 2008 Mumbai terror attack. Rana has appealed before the Ninth Circuit Court against the order by a US District Court in the Central District of California that denied the writ of habeas corpus. District Judge Dale S.

A class action complaint has been filed against Fenwick & West, LLP («Fenwick»), a prominent law firm, in the United States District Court, Northern District of California, San Francisco Division, on August 7, 2023. The complaint alleges Fenwick's involvement in the FTX disaster, described as «the largest financial fraud in US history.»

Goldman Sachs is exploring a sale of an investment-advisory business it bought four years ago, undoing another signature deal under CEO David Solomon’s ill-fated push to manage money for a broader set of customers.

A federal judge overseeing former FTX CEO Sam Bankman-Fried’s criminal case has issued an order allowing Sam Bankman-Fried to meet with his legal team outside of jail for roughly seven hours.

Hurricane Hilary struck Los Angeles for the first time since 1939, it left trails of devastation. An aerial view taken from a helicopter shows that the stadium for the LA Dodgers baseball team is surrounded by water from four sides though the field still appears spared.

Co-founder and managing partner at Blockchain Capital, Bart Stephens, has taken legal action against an unidentified hacker who allegedly stole $6.3 million worth of cryptocurrencies from his digital wallets, Forbes reported. 

By Milana Vinn and Anirban Sen

Investing.com — Goldman Sachs Group (NYSE:GS) is looking into a possible sale of its investment advisory operations it acquired almost half a decade ago, according to media reports on Monday, as the banking giant steps back from efforts to tap into a broader customer base.

Storm Hilary on Sunday evening, saturating areas from the coastline to the inland mountains and deserts. This led to rescue operations in response to rising rivers and compelled some of the largest school districts in the country to cancel classes on Monday. Hilary caused intensified precipitation to the region, resulting in considerable rainfall in mountainous and desert locales. Some of these areas received over half of the average annual rainfall in just a single day. Notably, Palm Springs, a desert resort city, received nearly 3 inches of rainfall by Sunday evening. The storm's impact included the uprooting of trees and the triggering of mudslides in the San Diego vicinity. As President Joe Biden prepared to travel to Hawaii on Monday to assess the aftermath of devastating wildfires in Maui, he urged all individuals in the storm's path to exercise caution and adhere to the guidance provided by state and local authorities.

In what could mark a turning point in the ongoing Royal Family feud, King Charles III and his youngest son, Prince Harry are reportedly scheduled to engage in "peace talks" on September 17. This anticipated meeting has garnered attention as the 74-year-old King monarch has apparently cleared his schedule to accommodate this significant discussion. Sources close to the palace have revealed to OK! Magazine that King Charles's return from Balmoral is anticipated in the middle of September, coinciding with the conclusion of Prince Harry's Invictus Games commitment in Dusseldorf.

solar exports from Southeast Asia, saying the move will slow clean energy deployment and harm climate progress. “We’ve gone from toasting the anniversary of the Inflation Reduction Act and its positive impacts on America’s energy transition to lamenting the imposition of harmful solar tariffs that will severely constrict solar availability in the US,” Gregory Wetstone, president of the American Council on Renewable Energy, said Friday in an interview.

Los Angeles on Sunday as the system made its historic arrival in California after barreling through Mexico's Baja California peninsula with deadly force. One person died in Mexico amid reports of flash flooding in the peninsula, where some roads were swept away and images on social media showed raging torrents gushing down city streets that been turned into rivers. California Governor Gavin Newsom declared a state of emergency for much of Southern California, with flash flood warnings in effect until at least 3 a.m.

Also read: Hurricane Hilary downgraded as Category 1 hurricane. 10 points you should know Here are 10 updates about Tropical Storm Hilary: Also read: Category 1 Hurricane Hilary barrels toward California, still threatening floods The impact of such storms, intensified by climate change, is raising concerns among scientists about the future risks posed by severe weather events.

By Drazen Jorgic

One of Australia’s largest veterinary chains, VetPartners, has caught the attention of Swedish private equity investor EQT Partners.

Hurricane Hilary is predicted to make its impact on California overnight Sunday. The National Weather Service, recognizing this unusual situation, has released a Tropical Storm Watch for the first time in the area. Consequently, California has declared a state of emergency. The looming consequences encompass potential flash floods and strong winds, particularly across L.A., Ventura, and even Santa Barbara counties. The period of heightened impact is foreseen to span Sunday and Monday. Due to Hurricane Hilary, a number events and concerts have been postponed as well as rescheduled. Several theme parks including the Disneyland have made major announcements regarding closing timings. While CicLAvia – Koreatown has historically taken place regardless of weather conditions, organizers have opted to cancel the event due to the unpredictability of Sunday's weather. Although the forecast suggests substantial rainfall may hold off until later in the day, CicLAvia—Koreatown meets Hollywood has been called off in consideration of the safety of participants from both near and far.

Category 1 storm Hilary is expected to make a landfall into Southern California on Sunday as a rare tropical storm, unleashing floods, fierce winds and heavy downpours as residents evacuate, parks and beaches close and first responders brace for water rescues. According to the National Hurricane Center Hilary is developed now a Category 1 storm with maximum winds of 80 miles per hour as it barrels north-northwest at a speed of around 21 mph,. It was about 285 miles south-southeast of San Diego as of 5 a.m.