Business

(photo credit: Bruce Weaver/AFP/Getty Images)

SpaceX Identifies Possible Cause Of Launch Failure, Not Worried About 2017 Commercial Missions

Southern California based SpaceX on Monday released a preliminary summary addressing the loss of their Falcon 9 launch vehicle and failure of the CRS-7 mission that occurred in June.

07/20/2015

(credit: CBS)

Investment Firm BlueMountain To Purchase Daughters Of Charity Hospitals

The Daughters of Charity of Health System announced Friday it plans to sell its six hospitals, including two in Southern California, to an investment firm.

07/17/2015

(photo credit: Frederick M. Brown/Getty Images and Jason Merritt/Getty Images for PSIFF)

Brad Pitt, Bill Maher Slam Costco For Selling Eggs From Caged Hens

Brad Pitt and Bill Maher say Costco contributes to animal cruelty by selling eggs from caged hens.

07/16/2015

(Photo Illustration by David Ramos/Getty Images)

Uber Fined $7.3M For Keeping Information From California Regulators, Judge Rules

Uber has been fined $7.3 million after a judge found that the company refused to give California regulators information about the ride-hailing company’s business practices, including accident details and how accessible vehicles are to disabled riders.

07/15/2015

(credit: CBS)

275-Square-Foot Rice Bar Opens In Downtown Los Angeles

Charles Olalia is getting lots of comments about his new restaurant, which has been open for just a week, in downtown Los Angeles.

07/15/2015

(credit: PETA)

PETA Claims SeaWorld Had Employee Pose As Activist To Spy On Them

The animal rights group says the suspected infiltrator even encouraged them to disrupt last year’s Rose Parade, which featured a float sponsored by the marine animal theme park.

07/14/2015

(credit: PHILIPPE HUGUEN/AFP/Getty Images)

Amazon Celebrates 20th Anniversary With Major Prime Day Deals

Online shoppers, take your marks – Amazon Prime Day is just hours away.

07/14/2015

(credit: CBS)

New Program Offers Drivers Financial Incentives To Switch To Fuel-Efficient Vehicles

A new program is giving drivers thousands of dollars in rebates to replace high-polluting vehicles.

07/13/2015

(credit: NASA AFRC)

NASA’s Volcanic Ash Test Aims To Study Engine Health, Improve Aviation Safety

Matt Kamlet, CBS Los Angeles EDWARDS (CBSLA.com) — One of the more tragic aspects of a flight crash is the circumstantial fact that, sometimes, the pilot simply does not have control over the anomaly that […]

07/11/2015

(credit: STR/AFP/Getty Images)

LADWP Proposes Rate Hikes Over Next 5 Years For Infrastructure Repairs

Los Angeles residents may need to brace themselves for water and power rate hikes.

07/08/2015

Traders wait for trading to resume on the floor of the New York Stock Exchange (NYSE) after trading was halted due to a "technical glitch" on July 8, 2015 in New York City. Trading was to resume in the afternoon.  (credit: Spencer Platt/Getty Images)

Local Expert: United, NYSE, Wall Street Journal Outages Raise Red Flag

Technical problems that affected United Airlines, the New York Stock Exchange and Wall Street Journal website Wednesday were quickly deemed not malicious, but a former federal computer crime prosecutor said the system crashes may not be a coincidence.

07/08/2015

(credit: CBS)

Commuting Stresses Women More Than Men, Study Finds

The grind of a daily commute is a pain a lot of Southern California residents experience, but it turns out women feel the frustration more than men.

07/07/2015

(Photo by Dan R. Krauss/Getty Images)

Starbucks To Increase Prices On Certain Beverages Starting Tuesday

Your morning latte at Starbucks will set you back a few more cents starting Tuesday.

07/06/2015

(credit: Shutterstock)

Feds Probe Possible Collusion Among Airlines To Push Airfares Higher With Limited Seating

The U.S. government is investigating possible collusion among major airlines to limit available seats, which keeps airfares high, according to a document obtained by The Associated Press.

07/01/2015

(credit: CBS)

From Swiping To Dipping, New Chip Credit Cards Aim To Guard Against Theft

Retailers large and small are having to grapple with transitioning to accept new technology designed to make credit cards more secure by adding a unique identifier with a computer chip to each transaction.

06/29/2015

Photo Galleries
(credit: Christine Smith/UGC/CBS)

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.

More Galleries