East West Bank, a Chinese-American bank that has about 100 branches in the state of California, has announced plans to purchase MetroCorp Bancshares, another Chinese-American banking corporation that has a strong presence in the state of Texas. The acquisition of MetroBank will also allow East West Bank to operate its first branch in the city of San Diego.

The online content industry long has complained about Google's hands-off approach to copyright infringement and content piracy. Google recently produced a 25-page report defending its position regarding copyright infringement issues. The company hopes the report addresses the concerns of copyright holders in regard to the services offered by Google.

More than 150 of the 200 Fresh & Easy Neighborhood Markets locations operated by U.K.-based retailer Tesco are to be turned over to Yucaipa Companies. The 50 stores that were not transferred in the deal will be closed, meaning that the clock is ticking for three San Diego County locations and five Sacramento shops. A spokesperson said that a number of other stores could be closed in the San Diego area and that these locations will soon begin liquidating their stock at sale prices.

California residents who subscribe to Time Warner Cable may not be seeing CBS programming for a while. It has become increasingly common for cable companies and networks to enter into business litigation over fees that a network can charge a provider to broadcast their programming. However, as stakes get higher, these disputes have begun to drag out, and neither Time Warner nor CBS seems willing to budge.