California

Intel is Trimming 12,000 Jobs as a Broader Restructuring Effort

Intel is Trimming 12,000 Jobs as a Broader Restructuring Effort

On Tuesday, Santa Clara, California based Intel said it is cutting 12,000 jobs, that's approximately eleven percent of its work force.

Leslie Van Houten to get parole after panel recommendation

Leslie Van Houten to get parole after panel recommendation

Leslie Van Houten, who was a Charles Manson follower and had admitted to stabbing one person several times, is expected to get parole recommendation from a panel in California.

Newegg starts its customer support with Facebook Messenger

California based online retail company Newegg has enabled a new feature, through which users can interact with retailer's customer service on one of the most popular app Facebook Messenger. The Facebook Messenger app has 800 million monthly active users.

Playboy Enterprises Inc. Considering a Sale Option

Playboy Enterprises Inc. Considering a Sale Option

Sources say that Playboy Enterprises Inc. could be up for a sale. The move might be under consideration as the publisher of the men's magazine makes an effort to transform itself into a licensing company. Few months earlier, the iconic magazine publisher decided to ditch the nude photos for which it had been famous once and launched an overhaul move to get ready for the digital age.

SEC Issues $125,000 Penalty for California’s Largest Agricultural Water District Over Misleading Investors

SEC Issues $125,000 Penalty for California’s Largest Agricultural Water District

The drought in California has set a record and the U. S. Securities and Exchange Commission set another record this time announcing a rare fine of $125,000 for the largest agricultural water district in California to settle civil charges alleging that it misled investors regarding its ability to pay debt on a $77 million bond.

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