Hawthorne's Space Exploration Technologies Corp. successfully launched its first commercial satellite on Tuesday, establishing itself as a low-cost alternative to aerospace companies backed by U.S. and foreign governments, the Wall Street Journal reports.
Changing cultural attitudes and skyrocketing home prices on Southern California have boosted demand for condominiums this year, the Los Angeles Times reports.
A federal judge's ruling approving the largest municipal bankruptcy in U.S. history Tuesday sets the stage for an epic legal battle over who will pick up the tab, including bond investors, retired city workers, state taxpayers or bankers, CNBC reports.
The decision to reduce retiree benefits and raise state contributions in Illinois, a state with a strong labor movement that had successfully resisted previous reform efforts, could provide a template for agreements elsewhere, the New York Times reports.
The European Commission has fined eight banks the equivalent of $2.3 billion for forming illegal cartels to rig interest rates, Bloomberg News reports.
The producers of “Fast & Furious 7” are considering scrapping what they’ve already done on the film and starting over after Paul Walker’s death, the Wrap reports.
The L.A. City Council on Tuesday added a nondescript, flat-roofed drive-through — the first of the more than 350 opened by the Wienerschnitzel chain — to its registry of historic-cultural monuments, the Los Angeles Times reports.
"Frozen's" success shows the house that Walt built can compete with a sibling rival that is enduring layoffs and criticism of its sequel strategy, the Hollywood Reporter says.
U.S. companies hired more workers than expected last month, suggesting the labor market was improving enough for the Federal Reserve to start trimming its bond purchases, Reuters reports.
The on-again-off-again campaign to turn Walt Disney’s Chicago birthplace into an attraction has taken an unexpected new turn, the New York Times reports.
A cluster of shops selling vintage clothing in Burbank is a treasure trove for set decorators, costume designers and prop masters of shows that include AMC's "Mad Men" and Showtime's "Masters of Sex." the Los Angeles Times reports.
As American Airlines prepares to close a merger with US Airways Group, a small group of investors who bet on it when it was flying low are poised to reap one of the biggest bankruptcy windfalls in years due to a quirk in the deal, the Wall Street Journal reports.
Newsweek, the struggling weekly magazine that ceased print publication last year, plans to turn the presses back on early next year, the New York Times reports.
Las Vegas, where the only design rule seems to be that everything must mirror something else, is getting a new mall modeled on Istanbul's Grand Bazaar, the Associated Press reports.
Next time your boss starts droning on about innovation, it might be helpful to stop and analyze: Is she talking about building the next iPod or the next Pop-Tart, the Wall Street Journal reports.