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Tesoro wins antitrust OK to buy California BP refinery

WASHINGTON/HOUSTON (Reuters) - Refiner Tesoro Corp. <TSO.N> has received formal approval from antitrust regulators in Washington and Sacramento on Friday to buy BP Plc's <BP.L> refinery and other assets in southern California for more than $2 billion.Full story

Judge to hear lawsuit over high-speed rail bonds

State officials on Thursday agreed to drop a request to consolidate all lawsuits challenging California's use of voter-approved high-speed rail bonds, allowing a trial seeking to prevent the state from spending bond money to begin later this month. Full story

Column: Business Development Companies - High yield, high risk

CHICAGO (Reuters) - In a frantic search for yields, investors often turn toward relatively unknown products. Business Development Companies (BDCs) are one of latest vehicles to grab investor attention - and money. Full story

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Articles

California fuels $550 million Powerball jackpot

Exclusive: U.S. approval of Tesoro BP refinery buy seen imminent

Autodesk shares sink on weak 1Q and forecast

California home prices hit nearly 5-year high

Brown takes restrained view of Calif. spending

California governor urges faster immigration reform

California Governor Brown stands by 2014 budget surplus

NRC chief: No commitment on hearing at Cal nuke

Southern California home sales surge in April

Calif. Bill would prevent school bond conflicts

Video

  Police confiscate cell phones after suspect dies

California sheriff's department confiscates cell phone videos of officers striking a suspect who later died. KGET's Kelsey Thomas reports.

  7-year-old jumps from trunk to escape kidnapper

California girl jumps from kidnapper's car trunk after being snatched in broad daylight. KCRA's Mike Luery reports.

  Deadly end to high speed chase

Driver killed and two highway workers hurt after car chase ends violently in California. KCRA's Claire Doan reports.

  May 13: Nightly News Monday broadcast

IRS began targeting political groups in 2010; Obama defensive on Benghazi; Justice Department obtains AP phone records; Abortion doctor found guilty of first-degree murder; Ice surge creeps toward Minnesota homes; California subdivision sinks into the ground; Dr. Joyce Brothers, psychologist and tra

  California subdivision sinks into the ground

Several homes have been abandoned or evacuated as the ground below gives way in Lake County, Calif. Local officials are baffled as to why the collapse is happening. NBC’s Ayman Mohyeldin reports.

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