Latest Budget Fix Idea: Taxpayers Donate Funds To Calif. Treasury
A state senator says the move gives people who want higher taxes an opportunity to let their money do the talking for them.
Watch CBS News
A state senator says the move gives people who want higher taxes an opportunity to let their money do the talking for them.
California lawmakers are taking a step toward enacting what would be the nation's first law forcing rental car companies to pull recalled vehicles off the road.
The Los Angeles Department of Water and Power is cutting its budget more than $400 million by imposing a hiring freeze, reducing nonessential training and eliminating take-home vehicles for executives.
Netflix will start streaming the hit TV series "Mad Men" in a multi-year deal the online movie rental company struck with Lions Gate, the show's producer.
California-based Diamond Foods Inc. took its biggest bite yet of the snack business with a $1.5 billion deal to buy the Pringles brand from Procter & Gamble Co.
The Department of Water and Power may have found a way to save buckets of money -- but it could end up in hundreds of job losses.
The Obama administration is aiming to prevent meat recalls by withholding meat and poultry products from grocery store shelves until government testing is complete.
The salmonella strain that prompted a recall of nearly 55,000 pounds of frozen raw turkey burgers last week is resistant to many commonly prescribed antibiotics, according to the Centers for Disease Control and Prevention.
Billionaire adventurer Richard Branson is hinting at underwater adventures with the unveiling of his latest business venture at a Southern California yacht club.
The airliner whose roof ripped open 34,000 feet over Arizona has had a busy 15-year life: taking off and touching down more than seven times a day, on average, and possibly developing microscopic cracks in its aluminum skin each time.
Chase announced Monday that it will continue its expansion in California by opening about 100 branches and adding more than 1,500 jobs in 2011.
Online radio service Pandora has received a subpoena from a federal grand jury investigating whether popular smartphone applications share information about their users with advertisers and other third parties.
Officials with the Los Angeles Economic Development Corporation say local airports and trade centers will begin feeling the fallout from last month's devastating quake in coming weeks.
Stocks are edging higher in midday trading at the start of the last full week before the next round of corporate earnings reports begin.
A Southwest Airlines flight heading to San Diego from Oakland was diverted to Los Angeles International Airport Sunday night when the crew noticed an electrical smell onboard, Southwest spokesperson Whitney Eichinger said.
