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BMW Announces Recall Of 156K Vehicles

Just days after Toyota announced it’s recalling more than six million vehicles, BMW says there may be problems with 156,000 sedans and SUVs in the United States.

CBS Los Angeles–04/11/2014

2013 New York Auto Show

Toyota Recalls 6.4M Vehicles Worldwide

Toyota has announced one of the largest car recalls in history involving more than six million vehicles across the globe.

CBS Los Angeles–04/09/2014

(credit: CBS)

Cheesecake Factory Only LA-Based Company To Land On Fortune’s ’100 Best Companies To Work For’

There is a reason The Cheesecake Factory is among Fortune Magazine’s “100 Best Companies To Work For”.

04/01/2014

(credit: Contractors State License Board)

Arrests Made In Statewide Sting Operation For Unlicensed Contractors

Authorities this week arrested more than 120 contractors for allegedly working without proper licenses during a statewide undercover sting operation.

03/28/2014

(credit: CBS)

Revolutionary Farming Method May Be Solution To Drought’s Impact On Calif. Agriculture

As California remains in the midst of a tremendous drought, an Orange County farmer believes he may have discovered the farming method of the future after his crops began thriving while using much less water than usual.

03/25/2014

(credit: CBS)

Walmart’s New Online Tool Gives Competitors Prices

The “Every Day Low Price” king is trying to shake up the world of pricing once again.

CBS2 / KCAL9–03/21/2014

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California Unemployment Rate Falls To 8 Percent

California’s unemployment rate dropped to 8 percent in February, as a net gain of 58,000 positions prolonged steady improvement in the job market, state officials reported Friday.

CBS2 / KCAL9–03/21/2014

FILE -- (credit: Justin Sullivan/Getty Images)

Honda Recalling 886,815 Odyssey Minivans

Honda Motor Co. is recalling 886,815 Odyssey minivans in the U.S. because a fuel pump cover can deteriorate and cause a fuel leak.

03/15/2014

(Photo credit: David McNew/Getty Images)

Home Prices Jump, Number Of Distressed Properties Drops In LA County

The number of distressed properties sold in Southern California and statewide has plunged dramatically over the last five years, resulting in higher home prices, according to a real estate industry group.

03/10/2014

(credit: Justin Sullivan/Getty Images)

Albertsons Parent Cerberus To Buy Safeway

Safeway says it has agreed to be acquired by an investment group led by Cerberus Capital Management, the owner of Albertsons and several other supermarket chains.

CBS2 / KCAL9–03/06/2014

Israeli prime minister Benjamin Netanyahu (R) and California Gov. Jerry Brown (2nd L) sign a pact to strengthen economic and research ties between California and Israel at the Computer History Museum on March 5, 2014 in Mountain View, California. Israeli Prime Minister Benjamin Netanyahu joined California Gov. Jerry Brown to sign a historic agreement that expands California's partnership with Israel on economic development, research and trade.  (credit: Justin Sullivan/Getty Images)

Netanyahu, Gov. Brown Sign Pro-Business Pact

Israeli Prime Minister Benjamin Netanyahu made a swing through the Silicon Valley to meet with high-tech leaders and sign a pro-business agreement with Gov. Jerry Brown.

03/05/2014

People walk by a Radio Shack store on March 4, 2014 in San Francisco, California. RadioShack announced plans to close over 1,000 of its underperforming stores, approximately 20 percent of its retail locations, as part of a restructuring to be more competitive in retail electronics. (credit: Justin Sullivan/Getty Images)

RadioShack To Close Up To 1,100 Underperforming Stores

Dozens of RadioShack locations in Southern California are in danger of closing after the electronics retailer reported poor sales during the holiday season.

03/04/2014

(Photo credit: Spencer Platt/Getty Images)

Jury Awards $26M To Staples Worker, 66, In Discrimination Lawsuit

A 66-year-old Los Angeles man who claimed he was harassed and discriminated against at his job at a Staples store has been awarded $26 million by a jury, according to reports.

02/28/2014

(credit: David McNew/Getty Images)

El Segundo-Based Mattel To Acquire Canada’s Mega Brands For $460M

The world’s biggest toymaker plans to get even bigger by acquiring Canada’s Mega Brands, makers of construction building sets and arts and craft products, for $460 million.

02/28/2014

(credit: CBS)

Chefs, Bartenders Showing No Love For New Glove Law

Chefs and bartenders say a new state law requiring them to wear disposable gloves during all phases of food preparation is hurting their bottom line and can be dangerous.

02/23/2014

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BMW Workers Rally Against Job Cuts

Angry teamsters say makers of the ultimate driving machine are trying to drive away good-paying jobs and replace them with cheap labor. BMW says it will cut dozens of jobs at its Ontario warehouse.

Toyota Issues Prius Recall Over Cooling Pump Issue

Toyota Announces (Another) Prius Recall

Toyota on Tuesday announced they were recalling 650,000 Prius models (3004-2007) to fix a faulty cooling pump problem. Officials believe nearly 400,000 of those cars are on the road in the United States. Toyota insisted that the repair is not a recall but rather “a customer satisfaction campaign.”

Harman reported no liabilities in 2009 -- but that may change after her husband Sidney's recent acquisition of Newsweek magazine. (Photo by Chip Somodevilla/Getty Images)

Very Golden State: 6 Political Millionaires

It may be tough times for the average Joe, but these public servants have capitalized on their personal fortunes to wield major influence in Sacramento.

Richard Branson

Over-Exposed Billionaires

They’ve got major bucks and massive egos: here’s eight of the richest men you’ve never met, but probably have heard about way too much.

Sure, they get to travel the world and get paid the big bucks, but the competition is tough -- and mainting their looks is even tougher.

Top 10 Sexiest Jobs

It’s the question we’re all faced with when making small talk with strangers: “So what do you do for a living?”

Arch Deluxe

Corporate America’s Biggest Blunders

Think of them as the business world’s version of the Hollywood flop: here’s a list of the most expensive mistakes ever.

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