Pac-12 Deal Could Be Worth $400M Per Year
Watch CBS News
Stocks are mostly lower and bond yields are at a new low for the year after two reports dimmed hopes for the job market and the U.S. economy.
Los Angeles Dodgers' owner Frank McCourt is hoping a fresh infusion of cash may end his payroll problem.
The California prison system's independent inspector general says the state improperly freed more than 450 dangerous criminals without supervision last year as part of a controversial program designed to reduce prison populations and cut costs.
Even if you don't usually shell out $4 for your morning cup o' Joe, you may soon find your wallet a little lighter after scooping up your morning coffee.
Barnes & Noble is launching a lighter, slimmer, cheaper version of its e-reader for $139 — a sign that the book retailer is ready to compete on price with rivals Amazon and Borders.
Plans for the new position were spurred by a report in October that the city was owed an estimated $541 million.
Yahoo's popular email service is getting a long-promised facelift. It's part of the Internet company's attempt to appeal to people who are increasingly using Facebook, Twitter, Google and other online alternatives to communicate.
State Attorney General Kamala Harris says a new Mortgage Fraud Strike Force includes a team of 17 lawyers and eight special agents from the state Department of Justice.
An independent panel set up to review Toyota Motor Corp.'s safety and quality issues says the company doesn't do a good job of incorporating customer feedback into its car designs.
Stocks are opening sharply lower after warnings about the finances of several European countries reignited fears about the region's debt crisis.
The recent pain at the pump is altering spending habits and forcing families to delay or cancel big-ticket purchases like vacations and household appliances.
California's unemployment rate has dropped below 12 percent for the first time since August 2009.
The Legislature's nonpartisan analyst is in agreement with Gov. Jerry Brown's administration that personal income is going up for California's wealthy, but they're not sure why.
Honda Motor Co. says it's recalling more than 1,000 new Honda Civics in the U.S. because they could leak fuel.