President Barack Obama has suggested he's ready to let Federal Reserve Chairman Ben Bernanke step down from the central bank when Bernanke's term ends in January, the Wall Street Journal reports.
The Port of Long Beach posted a 17 percent increase in cargo volume in May, its highest level in nearly three years.
Scott London, the former KPMG senior partner accused of securities fraud, talked with CNBC outside an L.A. court on Monday about the KPMG insider trading scheme and how much he made in kickbacks.
Perhaps no spot in L.A. was hotter than Westwood in the 1960s and '70s. The Los Angeles Times reports that boosters are looking to downtown's revitalization as a model for getting their neighborhood's mojo back.
Blue Shield of California is poised to take a lucrative health insurance contract for city workers away from rival Anthem Blue Cross, the Los Angeles Times reports.
Aetna Inc., which earlier opted not to participate in California's new state-run insurance exchange, said it would stop selling individual health insurance policies in the state, but continue to offer plans for small and large employers, the Los Angeles Times reports.
Bob Meistrell, who with his twin brother founded pioneering wet suit maker Body Glove in Redondo Beach, died on Sunday in Catalina at age 84, the Los Angeles Times and New York Times report.
A Los Angeles County Superior Court judge on Monday said that the Exide Technologies' Vernon battery recycling plant, which was closed by state inspectors in April, will be allowed to reopen pending a court hearing next month, the Los Angeles Times reports.
If Gov. Jerry Brown signs Senate Bill 71 this week, local government agencies will no longer be required to follow key provisions of California’s Public Records Act, Southern California Public Radio reports.
Grammy Award-wining musician and entrepreneur will.i.am has been named a partner at Beverly Hills-based licensing and strategic marketing firm memBrain Licensing, the Hollywood Reporter says.
73-year-old billionaire Carlos Slim tells CNBC that says workers, at least those in developed economies, are at their prime in their 60s and really should be working longer.
Adrian Barrie Smith, a British recruiter who supplies butlers, maids and other domestic workers to some of the world’s wealthiest families, has turned on many of his former clients in court, the New York Times reports.
Need to check if crowdsourcing is one word or two? Now you can look it up in the Oxford English Dictionary, which CBS.com reports is breaking its own rule that a word must be "current for 10 years" before it can be included.
In Tuesday morning trading, the Dow Jones industrial average was up 95 points to 15,274. The Nasdaq rose 22 points to 3,474. The S&P 500 rose 8 points to 1,647.
DreamWorks Animation Inc. has signed a multi-year deal to produce original series for Netflix Inc., marking a significant expansion of the Glendale animation studio's television operation, the Wall Street Journal and Hollywood Reporter say.