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  • *BP Arco station owners told sale could happen by June 1. HOUSTON/ WASHINGTON, May 16- Independent western U.S. refiner Tesoro Corp may take ownership of BP Plc's 240,000 barrel per day refinery in Carson, California, as early as June 1, sources familiar with the transaction said on Thursday.

  • LA Edges Out Honolulu for Most Horrific Traffic Tuesday, 7 May 2013 | 5:39 PM ET

    After being replaced by Honolulu for a year, Los Angeles took back the title of most congested metro area.

  • HOUSTON, May 2- Tesoro Corp is nearing the end of the regulatory review of its planned purchase of BP Plc's 240,000- barrels-per-day Los Angeles- area refinery in Carson, California, Tesoro Chief Executive Greg Goff said on Thursday.

  • What Motivates the World's Richest Man? 'Not Money' Tuesday, 30 Apr 2013 | 3:07 PM ET

    Record low interest rates, cold hard cash on balance sheets and Mexico are among the themes at the Milken Institute Global Conference.

  • A Look Ahead at the Milken Global Conference Friday, 26 Apr 2013 | 12:00 AM ET

    For almost 10 years, CNBC anchor Maria Bartiromo has covered the Milken Institute's Global Conference in Los Angeles each spring.

  • LONG BEACH, Calif., April 25- Economic turmoil in Spain, Portugal and other southern European countries has depressed their stock markets to the point where they look downright cheap.

  • Tail-Wagging Volunteers Help De-Stress LAX Fliers Wednesday, 17 Apr 2013 | 12:05 PM ET
    Laura Larsen of West Hollywood kisses "CC" New program at LAX called PUP (Pets Unstressing People) uses certified dogs to walk the terminals with their volunteer owners to greet passengers and help ease the tensions of modern airline traveling.

    The next time you're waiting to board your flight at LAX, don't be surprised to see furry friends roaming the terminal with bright red vests reading, "Pet Me!"

  • Vegan Shampoo For You? Hotels Personalize Pampering Friday, 12 Apr 2013 | 1:06 PM ET
    The traditional mint on the pillow is just the beginning of amenties offered today’s hotel guests.

    From handpicked flowers to three brands of shampoo, hotels are offering choices to guests who shy away from cookie-cutter travel experiences.

  • Heeere's Jimmy! Fallon to Succeed Leno on 'Tonight' Wednesday, 3 Apr 2013 | 1:46 PM ET
    Jimmy Fallon appears on "The Tonight Show" with Jay Leno.

    It's official. After 22 years, Jay Leno will be leaving NBC's "Tonight Show" next spring, to be replaced by Jimmy Fallon.

  • That cruel reality confronts the four large emerging stock markets known as the BRICs: Brazil, Russia, India and China.

  • Going abroad for higher dividend yields Wednesday, 13 Mar 2013 | 6:23 PM ET

    LONG BEACH, Calif., March 13- Foreign stocks are coveted for the superior growth and value they can offer. Investors have turned to them lately for higher income, too. The recent outperformance of U.S. stocks helps to account both for their comparatively meager yields and expensive valuations, said Alex Robins, an international equity manager at J.P.

  • Waiting for Recovery: US Public Schools Shed Jobs Wednesday, 13 Mar 2013 | 1:40 PM ET
    Robert F. Kennedy Community Schools, Los Angeles

    While the private sector roars back, public sector hiring in areas such as education continues to feel the after-effects of the 2008 recession.

  • NEW YORK, March 8- Boeing Co said on Friday it is consolidating its North American flight and maintenance training operations in Miami, a shift that will move all flight simulators for the 787 Dreamliner and other aircraft out of the Seattle area.

  • LONDON, March 6- Unless prices for natural gas and crude start to converge soon in the United States, the overwhelming incentive to switch to dual fuel engines which use a mix of diesel and natural gas will be overwhelming. It will oust oil-based fuels from a huge range of applications, ranging from trains, ships and trucks to industrial engines.

  • The outlook for cheaper gas in the wake of the shale gas boom in North America as well as toughening environmental regulation in Europe have driven up investment in gas as a transport fuel.

  • Global Fight Against Tuberculosis  Friday, 22 Feb 2013 | 1:22 PM ET

    Turberculosis is making a global comeback, including in the United States. Dr. William Schaffner of Vanderbilt University School of Medicine, discusses the concern surrounding the disease.

  • Economy grew fastest in Texas cities in 2011 Friday, 22 Feb 2013 | 12:16 AM ET

    WASHINGTON, Feb 22- Metropolitan areas in Texas saw the fastest economic growth as the recovery took hold in 2011, but the New York City region still had the largest gross domestic product in the United States, according to federal data released on Friday.

  • COLUMN-Sinking City's lessons for fracking: Kemp Wednesday, 20 Feb 2013 | 11:11 AM ET

    LONDON, Feb 20- Few places on earth bear the scars of oil production like Long Beach, California. Parts of the city have sunk by as much as 29 feet from their original level because of subsidence caused by extraction of billions of barrels of oil from the giant Wilmington field lying directly beneath the city's streets and the adjoining harbour.

  • America's Most Expensive Rentals 2013 Thursday, 17 Jan 2013 | 3:49 PM ET

    From Beverly Hills mansion to beach house to penthouse, these are the most expensive rentals on the market.

  • Billionaire Philanthropist Eli Broad Talks Art  Tuesday, 8 Jan 2013 | 1:45 PM ET

    Renowned business leader Eli Broad of Sun America and K.B. Home discusses his new museum known as "The Broad" in Los Angeles.