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Deutsche Bank mulling $11.3 bln stock sale: report
SAN FRANCISCO (MarketWatch) -- Deutsche Bank AG has approached investment banks to mull a stock sale to raise as much as 9 billion euros, or about $11.3 billion, Bloomberg News reported Thursday, citing three unidentified sources close to the matter. Shares of Deutsche Bank dropped more than 2.5% on both the Frankfurt and New York stock exchanges. Proceeds from the sale may be used to increase ...

PPL to sell certain power plant assets
SAN FRANCISCO (MarketWatch) -- PPL Corp. said Thursday it will sell certain power plant assets for about $381 million to LS Power Equity Advisors. PPL said it will sell power plants in Wallingford, Conn., and University Park, Ill., and its one-third share of a plant in Conestoga, Pa. The electricity supplier said it will take a special after-tax charge of $65 million to $80 million against third ...

Canadian stocks choppy as materials stocks slump
SAN FRANCISCO (MarketWatch) -- Canadian stocks weaved in and out of negative territory on Thursday as selling in materials and consumer staples shares erased strong support from tech and energy sectors. The S&P/TSX Composite Index slipped 7.61 points to 12,034.6. However, the Canadian dollar remained firm, with one U.S. dollar buying C$1.030. Gold miners were mostly weak with Barrick Gold down 2 ...

Adobe shares jump on Apple announcement
SAN FRANCISCO (MarketWatch) -- Shares of Adobe Systems Inc. jumped more than 8% to $31.71 in early trading Thursday after Apple Inc. issued a statement relaxing restrictions on mobile app developers. In the statement, Apple said it is relaxing all restrictions on development tools used by developers, as long as the resulting apps do not download any code. The company's restrictions had ...

Freddie Mac: 30-year fixed-rate mortgage edges up
SAN FRANCISCO (MarketWatch) -- Freddie Mac said Thursday the 30-year fixed-rate mortgage average edged up to 4.35% with an average 0.7 point for the week ending Sept. 9. In the previous period, the average was 4.32%, and the year-ago average was 5.07%. "While overall employment was down in August, private non-farm payrolls rose more than the market consensus forecast, and the prior two months ...

Two Oceana High School grads killed in San Francisco crash
Two Oceana High School grads killed in San Francisco crash

2011 Jeep Grand Cherokee: An American Range Rover at last?
(All photos: Chrysler) HOLLISTER HILLS, Calif.--It becomes clear while driving the 2011 Jeep Grand Cherokee around San Francisco, and to... Chrysler - Jeep Grand Cherokee - Jeep - San Francisco - Range Rover

Oil inventories fall 7.3 million barrels API says
SAN FRANCISCO (MarketWatch) -- Crude-oil inventories fell last week an industry trade group said late Wednesday. Crude oil stocks declined by 7.3 million barrels, while total motor gasoline stockpiles rose 654,000 barrels and distillates inventories, which include heating oil added 1.28 million barrels. The American Petroleum Institute release comes ahead of the more closely watched inventories ...

Goldman Sachs to get hit with U.K. fine: reports
SAN FRANCISCO (MarketWatch) -- Goldman Sachs Group Inc. will get slapped with a fine of 20 million pounds, or $31 million, from the U.K.'s Financial Services Authority as early as Thursday, according to media reports late Wednesday. The FSA opened a probe into Goldman's disclosure practices in April concerning marketing materials for its Abacus collateralized debt obligation securities. The fine ...