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Comcast To Buy Time Warner Cable For $45 Billion

Comcast Corp. has agreed to buy Time Warner Cable Inc. for $45.2 billion in stock, or $158.82 per share, the company confirmed Thursday.

CBS2 / KCAL9–02/12/2014

SAN DIEGO, CA - DECEMBER 22: Running back Ryan Mathews #24 of the San Diego Chargers receives the ball from quarterback Philip Rivers #17 against the Oakland Raiders at Qualcomm Stadium on December 22, 2013 in San Diego, California. (Photo by Jeff Gross/Getty Images)

CBS To Air ‘Thursday Night Football’ For 2014 Season

The National Football League and CBS announced Wednesday that the network will produce and air Thursday Night Football for the 2014 season.

CBS Los Angeles–02/05/2014

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Grocery Workers Return To Talks With SoCal Supermarket Chains

Union members returned to negotiations Monday with three of the Southland’s largest grocery chains.

02/03/2014

(credit: Scott Olson/Getty Images)

Irwindale’s Case Against Sriracha Factory To Go To Trial This Fall

The makers of the popular Sriracha hot sauce will be put on trial this fall for the apparently offensive odors its factory emits in the city of Irwindale.

01/31/2014

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Lawmakers Want To Know Whether Outlet Malls Are Misrepresenting Goods

Shoppers looking for a bargain often hunt outlets hoping to score quality designer brands for a fraction of the original price.

01/30/2014

(Photo credit: JOE KLAMAR/AFP/GettyImages)

Long Beach Port Cargo Growth Nearing Record Levels

Trade is up at the Port of Long Beach, though officials project it will be a few more years before cargo volumes match pre-recession levels.

01/23/2014

(credit: ERIC PIERMONT/AFP/GettyImages)

Downtown Merchant Hit With $3.9M Judgment For Selling Counterfeit Goods

The city of Los Angeles has won a $3.9 million judgment and permanent injunction against a downtown merchant for the sale of counterfeit jewelry, apparel and handbags, the largest judgment secured by the city in a counterfeiting case.

01/15/2014

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Entrepreneur: Boost Calif. Wages To $12-An-Hour

Democrats across the nation are eager to make increasing the minimum wage a defining campaign issue in 2014, but in California a proposal to boost the pay rate to $12 an hour is coming from a different point on the political compass.

01/12/2014

(credit: Joe Raedle/Getty Images)

Target: Data Was Stolen From 70M Americans During Security Breach

Retail giant Target announced Friday that personal information for as many as 70 million Americans was compromised during last month’s security breach.

CBS Los Angeles–01/10/2014

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T-Mobile Will Pay Customers To Leave Rival Companies

T-Mobile US Inc., the country’s fourth-largest wireless carrier, is aiming to lure subscribers from rivals by paying the fees required to break their service contracts.

01/09/2014

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Calif. Judge Ups Lead Paint Verdict To $1.15B

A California judge has increased by $50 million the amount that paint makers will have to pay into a fund to remove lead paint from homes across the state.

01/08/2014

File Photo (credit: istockphoto.com)

Calif. Bullet Train In Limbo After Legal Setbacks

Officials overseeing California’s $68 billion high-speed rail project have taken pains in recent weeks to assure the public that construction plans are moving ahead, characterizing a series of recent setbacks as “a bump in the road.”

01/02/2014

(credit: Joe Raedle/Getty Images)

Target Admits Encrypted PINs Were Stolen During Massive Security Breach

Target Corp. admitted Friday that encrypted personal identification numbers were stolen during a massive security breach involving 40 million customers’ debit and credit cards.

CBS2 / KCAL9–12/27/2013

Actress Sandra Bullock accepts the Hollywood Actress Award for 'Gravity' onstage during the 17th annual Hollywood Film Awards at The Beverly Hilton Hotel on October 21, 2013 in Beverly Hills, California. (credit: Mark Davis/Getty Images)

Hollywood Poised For Best-Ever Box-Office Year

Despite a string of summertime flops, Hollywood is expected to have a banner year at the domestic box office, coming in just shy of $11 billion, the largest annual take ever. But because of higher ticket prices, actual attendance at North American theaters remained flat after a decade of decline.

12/27/2013

FILE -- (credit: Getty Images)

Consultancy Firm Will Offer Free Advice To Job Seekers Through Friday

Global outplacement consultancy Challenger, Gray & Christmas, Inc. will offer free advice to job seekers on Dec. 26 and 27.

12/26/2013

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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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