California unemployment rate hits 12.5 percent

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• Study: Bay Area and India growing economic ties
• A major study of ties between the Bay Area and India shows growth, success and promise.
• green: Palm oil industry's big carbon impact
• On Tuesday, two journalists were arrested in Sumatra while covering a politically sensitive topic -- palm oil harvesting.
• Entrepreneurs compete for $50,000 prize
• SAN FRANCISCO - We have a winner! The spirit of innovation is alive and well for the nation's top entrepreneur.
• NorCal median home price rises nearly 7 percent
• SAN FRANCISCO - The median home price in Northern California jumped nearly 7 percent last month from September.
• Gap profit climbs 25 percent in 3Q
• CHICAGO - Shoppers spent more money at Old Navy, helping Gap Inc.'s profit climb 25 percent compared with last year.
• Ex-drug distributor chairman convicted of fraud
• SAN FRANCISCO - The former head of the country's largest drug distributor played a central role in one of the costliest corporate accounting scandals of the time.
• Dell profit falls 54 percent amid PC slump
• SAN FRANCISCO - Dell Inc. says its latest quarterly profit dropped 54 percent as the company battles a slump has caused it to lose its ranking as the world's No. 2 personal computer maker.
• Yahoo jumps on Twitter bandwagon to improve search
• SAN FRANCISCO - Yahoo is jumping on the Twitter bandwagon in its latest attempt to get people to use its search engine.
• Mortgage delinquencies hit record-high in 3Q
• WASHINGTON - More than 14 percent of American homeowners with a mortgage were either behind on their payments or in foreclosure.
• green: Next generation of green cars coming to LA Auto Show
• A host of new greener vehicles will be making their North American debuts at the 2009 Los Angeles Auto Show.
• Wells Fargo to return $1.4 billion to duped investors
• SAN FRANCISCO - A settlement reached by Attorney General Jerry Brown means thousands of investors will get some of their money back.
• General Motors reports $1.2B loss, says it shows progress
• DETROIT - GM lost $1.2 billion from the time it left bankruptcy protection through Sept. 30.

• Toyota sales head talks about NUMMI closure
• Berkeley considers balloon ban
• Officials meet over NUMMI closure
• CA 'Happy Cows' upstaged by NZ bovines
• Recruiters from Taiwan target laid-off workers
• East Palo Alto gets first grocery store
• Obama announces forum on finding jobs
• Store gives away iPods, scooters for 99 cents
• Applied Materials to cut up to 1,500 jobs
• Hewlett Packard to buy 3Com for $2.7B
• Current TV to lay off 80 employees
• Drug industry presses FDA on online ads
• Few people looking to buy new homes
• New safety rules for Black Friday crowds
• Union workers strike at the Palace Hotel
• Wilkes Bashford files for bankruptcy
• FedEx expects good holiday business
• Job openings stuck near record-lows
• Credit card companies try to beat new law
• Electronic Arts posts 2Q loss, plans layoffs
• Google to buy mobile ad network for $750M
• U.S. sees increase of text message users
• Fiorina starts U.S. Senate Campaign
• Shell to pay $19.5M in environmental fines
• SJ faces $96.4 million budget deficit
• New measures may raise local taxes
• Walmart offers turkey dinner on a budget
• Will the iPhone be the place to play?
• New factory creates Bay Area jobs
• Walmart slashing more toy prices