KQED's California Money

Shares of San Francisco-based Wells Fargo fell 2 percent today, following a court ruling in Massachusetts. Also, United Airlines flight attendants angry about the pace of contract negotiations rallied at San Francisco International airport today.

Blue Shield of California has confirmed its plans to raise rates by an average of 30 percent for almost 200,000 of its individual policy holders.

A deal between Facebook and Goldman Sachs has prompted federal regulators to consider revising their financial disclosure rules for privately held companies. Also, a new report predicts the market for tablet computers will continue to explode this year.

Bankruptcy filings in California surged 19 percent last year, despite a slowdown nationwide. Bay Area unemployment rates are also on the rise.

The Goldman Sachs investment in Facebook is expected to reverberate throughout Silicon Valley. It all depends on what Facebook decides to do with $500 million.