The data comes as policymakers wrestle over how to manage the use of groundwater, often farmers' last resort, NBC News reports.» Read More
I know I’m supposed to be all freaked out about the nation reaching its debt limit and our credit being downgraded and we’ll stop paying some bills. But I live in California. This is normal. Daily panic and doomsday scenarios over government finances started here. Political gridlock, kicking the can down the road…that’s how we roll.
A new law requires utilities to get 33-percent of their energy needs from renewable energy sources by 2020. Sounds good, except financing and licensing approval for new sources is unlikely to happen at a pace sufficient to produce that much supply.
CNBC's Jane Wells reports on a new way for home buyers to get a bird's-eye view of expensive homes in California.
DoubleLine Capital CEO Jeffrey Gundlach has made a lot of money calculating where the bond market will go. But his former employer goes to court today to try to prove Gundlach miscalculated when he prepared to start DoubleLine while still employed at TCW.
NBC's Miguel Almaguer with the latest details on a bizarre death at the home of a pharmaceutical CEO.
CNBC's Amanda Drury reports Wal-Mart may be getting closer to securing its first New York City location; California's "Carmageddon" was not as bad as predicted, and Harry Potter proved to be a wizard at the box office this weekend with record ticket sales.
CNBC's Jane Wells with the latest details on the tragic death of the girlfriend of Medicis founder, Jonah Shacknai.
I can't take it anymore. Los Angeles is on 24/7 Carmageddon alert. The closure of the 405 freeway for 53 hours this weekend to create a carpool lane and make an overpass earthquake safe is the most publicized event in La-la land since they discovered Botox isn't just for muscle spasms.
CNBC's Jane Wells reports that JetBlue is offering $4 plane tickets to avoid Carmageddon, but Stephanie Howard found out too late.
Amazon, the world’s largest online merchant, has an ambitious and far-reaching new agenda: it wants to rewrite tax policy for the Internet era.
Here are states with the 10 highest foreclosure rates in July 2011, according to RealtyTrac's July 2011 Foreclosure Market Report.
CNBC's Julia Boorstin reports law enforcement officials in Los Angeles want to pull down traffic cameras because they are not cost effective.
CNBC's Jon Fortt reports California democratics struck a budget deal without the GOP; Amazon is getting into the digital ad business; and HP launches a Facebook app.
CNBC's Hampton Pearson details the high court's decision to reverse a California law banning the sale of violent video games to minors.
Now is the time to play it safe, Joe Dear, CIO of the largest United States public pension fund, the California Public Employees Retirement System, told CNBC Thursday.
There are plenty of impressive golf courses across the US. Click to see some of the most luxurious ones!
James (Whitey) Bulger, a legendary Boston crime boss indicted in 19 murders and who is on the F.B.I.’s 10 Most Wanted list, was arrested by federal authorities Wednesday night in Santa Monica, the New York Times reports.
City council elections in this Southern California city are usually sedate. Hot-button issues include whether libraries should stay open at night. Campaign budgets often don’t top $10,000. Then Jim Righeimer, a conservative activist and real estate developer, jumped into the race last year, the New York Times reports.
When it comes to resources for the physically active, not all US cities are created equal. Click to see some of the cities that are havens for physically active Americans.
CNBC's Jane Wells has the story on whether farmers are seeing a bubble.