News Clippings

Major Repairs Needed at UC President's Residence

Fixing foundation, water leaks may cost up to $9 million.

The stately Kensington mansion that has been home to University of California presidents since 1969 needs some major repairs and improvements that could cost...

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Stem Cell Grants Being Doled Out

UCLA, USC and UC Irvine are among the research centers getting $227 million to build laboratories.

California's voter-created stem cell institute is expected to award $227 million in grants today to seed a laboratory...

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Chevron Commits to 'Alt' Energy

Chevron Corp. will spend $2.5 billion on alternative and renewable energy technologies, part of its push to develop new kinds of energy, the company said Wednesday.

San Ramon-based Chevron said it expects to spend the money over a...

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Taxing Oil Profits: Proceed With Caution

Politicians are dying to get at more of Big Oil's billions, but analysts are torn about what that will do to prices or future energy sources.

NEW YORK, NY -- Politicians are eyeing oil profits like a fat...

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Tired of Paying Through the Nose, Americans Try Praying at the Pump

WASHINGTON, DC -- At a Shell gas station in Washington, Rocky Twyman and an unusual group of activists were mad as hell about soaring fuel prices.

"Last week,...

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Examining 'Emergency' Insurance Regulations

“Socialized car insurance.”

That's what insurers said would happen if California's Proposition 103 passed in November 1988. Advertisements said the referendum would put “big government into the car insurance...

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Gas Prices Level Off -- For Today

Stability could be fleeting, analyst says, as California average pauses at $3.92.

The surge in gasoline prices has stopped for now. The grumbling hasn't.

As the average price in California...

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Chevron's Profit Tops $5 Billion

The oil company beats analysts' forecasts despite an 84% drop in earnings from refining and gasoline retailing.

Record energy prices gave Chevron Corp., the nation's second-largest oil company, a bigger-than-expected...

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Chevron Notches Record First-Quarter Profit


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Chevron's 1Q Profit of $5.17 Billion Marks Big Oil's Latest Gusher

SAN RAMON, CA -- Astounding profits in the oil industry are becoming as routine as the anguished looks of motorists filling up their gas tanks.

Chevron Corp. put yet another exclamation point on the oil patch's long run of prosperity...

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