What should have been a legislative afterthought is threatening to become a financial purgatory for thousands of California taxpayers hit by the housing crisis. With less than a month until tax filings are due, struggling Californians who received mortgage modifications or lost their homes in short sales or ...

Former eBay chief Meg Whitman's campaign for governor of California has a familiar ring to it: She's an outsider from the business world who promises to sweep the Capitol clean of politics-as-usual and deliver fiscal common sense. California voters have heard ...

Financially troubled photography icon Annie Leibovitz has turned to a US private equity firm to help deal with debts which had threatened to strip her of her archive of famous pictures. Colony Capital, a Los Angeles-based company focusing on real estate, said it had "formed a new partnership" with Leibovitz, whose financial collapse last year stunned the celebrity photography ...

California Attorney General Jerry Brown on Tuesday formally entered the race to replace Arnold Schwarzenegger as governor, confirming a candidacy which had been widely forecast for months. Brown, 71, who served two terms as California governor from 1975 to 1983, announced his intention to run as the Democratic candidate in a video message on his website, where he vowed to ...