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WSJ: Yahoo board approves $1.1 billion purchase of Tumblr
The deal for the blogging site is designed to attract younger users to the ailing Web portal. The newspaper is basing the report on unnamed sources close to the situation.
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Tesla rides high, but faces formidable foe: Car dealers
Tesla's business model is under attack by a formidable foe: the National Automobile Dealers Association, one of the most powerful lobbying groups in Washington.
Unemployment rate declines in Southern California
California’s unemployment rate dropped to 9 percent last month, which analysts say is a sign that the economy is steadily improving.
California jobless rate drops to 9 percent in April
California's unemployment rate was 9 percent in April. The Bureau of Labor Statistics said Friday the decline is the third largest from April 2012.
Gauge of US economy's future health up in April
A measure of the U.S. economy's future health rose in solidly in April, buoyed by a sharp rise in applications to build new homes and apartments.
Southern California homes sell at fast pace in April but inventory skimpy
A real estate tracking firm said Southern California homes sold at its fastest pace for the month of April in seven years - but who is buying those homes?
US housing starts fell in April but homebuilders confident
U.S. builders broke ground on far fewer homes in April, one month after topping the 1 million mark for the first time since 2008.
US unemployment claims jump to highest level in 6 weeks
The number of Americans seeking unemployment aid rose 32,000 last week to a seasonally adjusted 360,000, the most since late March. The jump comes after applications fell to a five-year low.
California's median home prices at 5 year high
San Diego-based research firm DataQuick said Wednesday that median price paid for a home in California was $324,000 in April, the highest since June 2008.
VIDEO: Filmmaker protests Abercrombie by distributing their clothes on Skid Row
Filmmaker Greg Karber buys Abercrombie clothing from a Goodwill and starts distributing it to a group the company might think was off-brand: homeless people.
Hyundai builds $200 million US headquarters in Orange County
South Korea-based Hyundai on pace to finish new $200 million U.S. headquarters in Orange County - but had considered moving to Alabama.
Survey: SoCal home sales surge to 5 year high in April
Southern California home prices neared a five-year high in April as sales accelerated in more expensive markets, a research firm said Tuesday.
U.S. Treasury: Tax revenue surplus of $113 billion in April
The U.S. Treasury said Friday that it took in a rare surplus of $113 billion in April, the largest in five years.
California sues JPMorgan Chase over alleged illegal debt collection
California's attorney general has sued JPMorgan Chase & Co., alleging it used illegal tactics in its debt collection efforts against about 100,000 credit card holders.
Wet Seal settles discrimination lawsuit for $7.5 million
Lawsuit claimed Orange County-based Wet Seal fired African American employees because it didn't fit with the retailer's brand image.
