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(Photo credit: Jonathan Gibby/Getty Images)

Businesses Near STAPLES Center Look To Cash In On NBA, NHL Playoffs

Businesses around Staples Center are bracing for a big weekend with four playoff games scheduled in as many days.

05/08/2014

Tesla Model S (credit: Justin Sullivan/Getty Images)

California Back In Running For Tesla Battery Plant

But CEO Elon Musk said the state remains in the “improbable” category for winning the plant because of the time it will take to win regulatory approval.

CBS2 / KCAL9–05/07/2014

(credit: CBS)

Brown: Little Calif. Could Have Done To Keep Toyota

Gov. Jerry Brown said Friday that it appears there was little California could have done to keep Toyota, the world’s largest car manufacturer, from moving its U.S. headquarters and about 3,000 jobs to Texas.

05/02/2014

(credit: Frazer Harrison/Getty Images)

Councilman Calls For NY Mellon Bank To Return Profits From Rate Swap Deals

City Councilman Paul Koretz says an interest rate swap deal with New York Mellon Bank has cost city taxpayers $65 million since 2008.

05/02/2014

Rochelle Sterling is standing by her estranged husband. (credit: CBS)

Can Donald Sterling’s Estranged Wife Distance Herself From His Comments?

“Right now, she is a victim,” says Eric Rose, a crisis communication expert.

05/01/2014

(credit: Justin Sullivan/Getty Images)

Honda Recalling Nearly 25,000 Odyssey Minivans

Honda is recalling 24,889 Odyssey minivans from the 2014 model year because their side air bags may not deploy during a crash.

CBS2 / KCAL9–05/01/2014

Will Toyota soon be calling Texas home -- instead of Torrance? (credit: Don Emmert/AFP/Getty Images)

Stunning Move — Is Toyota Planning On Leaving Torrance For Texas?

The move would be a huge blow to California’s economy.

04/27/2014

(credit: Taco Bell)

Taco Bell To Launch 1st Upscale ‘U.S. Taco’ Location In Huntington Beach

Taco Bell is going upscale! The Irvine-based fast food chain is unveiling its new alter-ego, U.S. Taco.

CBS Los Angeles–04/25/2014

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Bill Seeks To Address Widening Income Gap In California Between CEOs, Workers

CEOs of companies in Standard & Poor’s 500 index were paid an average of 354 times more than the median employee in 2012, according to the AFL-CIO.

04/24/2014

(L-R) Actors Chris Evans and Sebastian Stan from 'Captain America: The Winter Soldier' Ring The NYSE Opening Bell at New York Stock Exchange on April 1, 2014 in New York City. (credit: Astrid Stawiarz/Getty Images)

‘Captain America’ Tops Box Office For Third Week

Captain America continues to vanquish box office foes, triumphing in ticket sales for the third consecutive week and beating formidable contender Johnny Depp.

04/20/2014

(credit: Thinkstock)

Santa Paula Del Taco Accidentally Charges Customers Thousands For A Taco

What was supposed to be a cheap bite at Del Taco turned out to be small fortune for some Southern California customers.

04/19/2014

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Unemployment Rates Fell In Number Of States Last Month

More than two-thirds of the states reported job gains in March, as hiring has improved for much of the country during what has been a sluggish but sustained 4 1/2-year recovery.

04/18/2014

(credit: CBS)

Woman Sentenced To Prison In $25M Health Scam

The former owner of a Los Angeles medical equipment company has been sentenced to more than six years in federal prison for submitting nearly $25 million in bogus Medicare bills.

04/14/2014

(credit: istockphoto.com)

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

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(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.

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