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The American state of California is to be forced to pay its bills with IOU's as its budget black hole surpassed the $26bn (£15.9bn)-mark, forcing Governor Arnold Schwarzenegger to declare a "fiscal state of emergency". By James Quinn, Wall Street Correspondent The governor, the Austrian-born star of The Terminator film series, saw the budget deficit grow by $2bn overnight on Wednesday night as the result of a continued impasse between state politicians who have failed to agree a workable budget. The Californian black hole now stands at $26.3bn - up from $24.3bn at the start of this week - with a warning that it could grow by a further $1bn within a month if the governor and state politicians fail to balance the books. The $2bn overnight increase came as a result of the complicated way in which the state funds its education... [read full story]
I feel like this movie was significantly better than "Terminator 3," but still well below the quality of "Terminator 2." That being said, I'd definitely want to see more adventures with these characters in a sequel. Bring on...
Tesla Motors Inc. initially planned to build the Model S in New Mexico but was persuaded to stay in California when Gov. Arnold Schwarzenegger offered to exempt Tesla from state sales tax on equipment it buys to build the...
Bifa taps into diverse range of Brit pix Andrea Arnold "Fish Tank" Eight nominations: film, director, screenplay, actress (Katie Jarvis), supporting actress (Kierston Wareing), supporting actor (Michael Fassbender), most...
MarketWatch SAN FRANCISCO (MarketWatch) -- American International Group said late Wednesday that it resolved all disputes with the insurer's former Chief Executive Maurice "Hank" Greenberg and ex-Chief Financial Officer Howard...
