Flood Of Facebook Shares Hit Market, Price Jumps 20 Percent
Facebook's biggest lock-up period – a time following an IPO that prevents insiders from selling stock – expires on Wednesday.
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Facebook's biggest lock-up period – a time following an IPO that prevents insiders from selling stock – expires on Wednesday.
Amazon.com is now wooing wine lovers with thousands of bottles ready to ship to your door. Oak Ridge Winery in Lodi is one of a few local wineries toasting to Amazon.
There are new questions being raised about whether workers at Raley's really support their strike or if union bosses are orchestrating the walkout.
Apple says it sold 3 million iPads of all kinds in the first three days it sold the new Mini model.
The West Sacramento-based Raley's supermarket chain and its workers have resumed contract talks — this time with the help of a federal mediator.
Pinterest has more than 12 million users. And it's the third most popular social media website behind Facebook and Twitter. But is this digital scrapbook legal? Reporter Adrienne Bankert of CBS11 in Texas talked with a legal expert to find out.
Vision Service Plan is staying in Rancho Cordova and says it will expand operations after a state agency voted to rewrite the rules for implementing the affordable health care exchange in California.
Raley's and its union workers, who have been preparing for a strike, will meet again on Thursday in an attempt to reach a contract agreement.
A decade after George Lucas said "Star Wars" was finished on the big screen, a new trilogy is destined for theaters as The Walt Disney Co. announced Tuesday that it was buying Lucasfilm Ltd. for $4.05 billion.
The latest federal lawsuit over alleged mortgage fraud paints an unflattering picture of a doomed lender: Executives at Countrywide Financial urged workers to churn out loans, accepted fudged applications and tried to hide ballooning defaults.
It's a deal that sounds too good to be true. Wells Fargo Bank is offering to pay people's down payments on a home.
Giants fans looking for World Series ticket and hotel offers should be leery of offers that sound too good to be true.
Wal-Mart Stores Inc. is being slapped with a lawsuit that claims that the world's largest retailer and its staffing agencies broke federal minimum wage and overtime laws by requiring temporary workers to appear early for work, stay late to complete work and work through lunches and breaks without compensation.
With the election two and a half weeks away and the economy being the main issue, people have a laser focus on jobs numbers.
The Sacramento region's unemployment rate dipped to its lowest level in four years last month, but is it sustainable long term with some major employers announcing cuts?
Leaders are worried that the growing need for repairs is coming as transportation funding is being reduced.
A truck driver accused of fleeing the scene after a deadly crash on Interstate 80 near Auburn has been arrested, the California Highway Patrol said.
With the Fourth of July just weeks away, officials in Rancho Cordova say they're enforcing much harsher penalties for people using illegal fireworks.
The deaths of San Francisco arts patrons Judith and Wylie Sheldon are under investigation. Judith was the daughter of Oscar-winning director William Wyler.
A Sacramento museum dedicated to Black history is at risk of closing because of a lack of funding.
A new poll shows 86% of people in Sacramento have serious concerns over potholes and deteriorating roads. Now, transportation data is supporting those concerns, showing that the condition of California's roadways is getting worse.
It's Pride Month, and one popular singing group is getting ready for opening night in Sacramento. But before they hit the stage, they're fine-tuning their vocals and dusting off their boots and hats.
A new video shared for the first time publicly captures a deadly crash that killed a 19-year-old passenger in Sacramento. Still, no one has been charged.
Developers have been given the green light to turn 2,000 acres of farmland and wildlife habitat into thousands of new homes near the Natomas area of Sacramento.
The capital city's newest museum is about to open in Old Sacramento, and we got an exclusive inside look.
A proposed tax on billionaires' assets is now eligible for the November 2026 ballot in California, the Secretary of State's office announced Wednesday.
As summer road trip season arrives and gas prices continue to swing, travelers do not have to burn through a full vacation budget to get out of town.
Gov. Newsom's office is escalating its fight with the Trump administration, sending a letter Tuesday to Acting U.S. AG Todd Blanche accusing the Justice Department of conducting a politically motivated investigation into his wife and associates.
The utility said it is monitoring a wind event forecast to hit the region by Wednesday for expected public safety power shutoffs.
A California couple was injured after discovering their dogs were fighting a bear in the Mammoth Lakes area earlier this week, police said.
Gage Jump gave up one hit over seven sparkling innings, and Shea Langeliers and Tyler Soderstrom hit back-to-back homers in a five-run first that sent the Athletics to a 5-0 victory over the Los Angeles Angels.
Ryan O'Hearn homered, doubled and singled to finish with a career-high six RBIs as the Pittsburgh Pirates romped to a 12-4 victory over the Athletics.
The Wings were 11 for 17 in the opening quarter and built a quick 26-17 lead before a cold second quarter.
Lionel Messi tied the Men's World Cup goals record with his first World Cup hat trick as Argentina topped Algeria.
Brandon Lowe hit a tiebreaking homer in the ninth inning, Bryan Reynolds went deep from both sides of the plate and the Pittsburgh Pirates rallied from an early four-run deficit to beat the Athletics 6-5.
The Trump administration expects to try to revoke the U.S. citizenship of more than 250 foreign-born citizens by October, a Justice Department official said.
A proposed tax on billionaires' assets is now eligible for the November 2026 ballot in California, the Secretary of State's office announced Wednesday.
The agreement, as read by senior U.S. officials, allows Iran to immediately begin exporting oil and petroleum products.
Gov. Newsom's office is escalating its fight with the Trump administration, sending a letter Tuesday to Acting U.S. AG Todd Blanche accusing the Justice Department of conducting a politically motivated investigation into his wife and associates.
The FBI said it disrupted an attempt to attack Sunday's UFC America 250 event at the White House, with court records detailing an alleged plot to use small drones carrying explosives.
Gallup found that only 49% of Americans were "cost-secure" last year, with concerns about medical bills and prescription costs rising across income groups.
WHO chief Tedros Adhanom Ghebreyesus says risks from the Ebola outbreak in Congo and Uganda are "high at the national and regional levels, and low at the global level."
The cruise ship hit by a deadly hantavirus outbreak has docked at the Dutch port of Rotterdam for disinfection, wrapping up a troubled journey that put world health authorities on alert.
At least 80 deaths have been reported in a new Ebola disease outbreak in Congo and Uganda, authorities said.
Dr. Tracy Beth Høeg, leader of the Food and Drug Administration division responsible for regulating prescription and over-the-counter drugs, is leaving her post, a senior FDA official confirmed.
During the program's first year, it will be offered at about 65 to 75 hospitals that handle about a quarter of births in the state and largely serve low-income patients, Newsom's office said.
Fresh off their undefeated season and conference championship win, the women on the team are speaking out for the first time.
Finding the perfect dress isn't easy, but now, selling them could become a lot more challenging.
This weekend, Placer County is hosting its annual Sip Into Spring event, offering free or discounted tastings at more than 20 wineries along what's known as the Placer Wine Trail.
From fruits and veggies to car parts, economists project that businesses will pass along the cost of the tariffs to customers.
President Trump and Gov. Gavin Newsom have made several different claims about California gas prices. Here's what we found.
This year-long investigation provides an unprecedented look at California's one-party supermajority legislature through the eyes of grieving parents who discover how California lawmakers kill popular bills by not voting.
This year-long investigation by CBS News California investigative correspondent Julie Watts examines the many components of California's new tougher-on-crime law.
A Natomas mother demanded that her daughter be exhumed and cremated after a Sacramento cemetery moved her grave without telling the family.
The California Highway Patrol captain accused of workers' compensation fraud was the commander in charge of the fatal Mahaney Park shootout in Roseville, three officers who worked under him at the time of the shootout said.
CBS13 and the Call Kurtis consumer investigative team devised an idea on how to lower what consumers owe on their credit cards -- and it begins with a simple phone call.
No one wants to think about death. However, it's important to plan on what happens to your digital assets after you die.
After spending $18,000 on waterproof laminate floors, a Natomas couple spotted damage after the first cleaning.
More than a year after Hai Pham canceled the trial membership, he kept getting charged every month for it.
A Natomas mother demanded that her daughter be exhumed and cremated after a Sacramento cemetery moved her grave without telling the family.
Crews are battling a vegetation fire that was threatening structures near Camanche Reservoir in California's San Joaquin Valley, officials said Wednesday evening.
Six months after a California wildfire destroyed dozens of homes in the Tuolumne County community of Chinese Camp, officials say debris removal is now complete and properties are being returned to their owners.
A man has been arrested and charged in connection with the Tiger Fire that burned 118 acres in California's Amador County last summer and forced evacuations near Pioneer.
A major home developer is rethinking how communities are built in wildfire-prone areas and the future is taking shape in El Dorado County.
San Joaquin County secured a grant aimed at helping to build a wildfire protection plan for the entire county.
Their message is simple: keep showing up, keep moving and keep your heart open, because sometimes, the person who changes your life is living right across the street.
A Sacramento County dog picked up thousands of miles from home after he went missing five years ago was reunited with his family on Wednesday.
What started as a suspicious circumstances call for Rancho Cordova police ended with a newborn surprise.
A once-empty lot behind Church of the Cross in north Modesto now hosts a thriving community garden with more than 140 plots and growers from across the globe.
A Sacramento-area middle school history and English teacher is in the running to win big as America's Favorite Teacher, a title her students think she is more than worthy of being awarded.
The Sojourner Truth Museum on Florin Road is at risk of closing.
One week after a fire destroyed Medline Industries' 1-million-square-foot medical supplies warehouse in Tracy, an employee is speaking out about what they describe as confusion, fear, and a lack of evacuation plans.
A new poll shows 86% of people in Sacramento have serious concerns over potholes and deteriorating roads. Now, transportation data is supporting those concerns, showing that the condition of California's roadways is getting worse.
It's Pride Month, and one popular singing group is getting ready for opening night in Sacramento. But before they hit the stage, they're fine-tuning their vocals and dusting off their boots and hats.
A nearly $7 million budget was approved for the Stanislaus Animal Services Agency, but some say the money still doesn't address the root of the crisis.
