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  • SINGAPORE, June 24- Refiners on the U.S. West Coast and Hawaii have stepped up purchases of Russian crude, taking advantage of a narrow gap between U.S. and global prices to guard against a seasonal shortage of Alaskan supply, trade and industry sources said. Up to four tankers were expected to carry nearly 3 million barrels of Russia's ESPO crude from Kozmino near...

  • U.S. West Coast refiners snap up Russian crude cargoes Wednesday, 24 Jun 2015 | 2:57 AM ET

    SINGAPORE, June 24- Refiners on the U.S. West Coast and Hawaii have stepped up purchases of Russian crude, taking advantage of a narrow gap between U.S. and global prices as they look to guard against a seasonal shortage of Alaskan supply, trade and industry sources said. Up to four tankers were expected to carry nearly 3 million barrels of Russia's ESPO crude from...

  • LOS ANGELES— As an accounting executive at Gulfstream Aerospace, Marvin Jay Caukin was pulling in a quarter-million dollars a year and had a wife 30 years his junior. He was living a lavish lifestyle that included splitting time between two luxury Los Angeles- area homes, and paying for the company of female escorts, luxury cars and $800 dinners, federal...

  • LA city council approves minimum wage hike Thursday, 11 Jun 2015 | 9:57 AM ET
    More than a thousand L.A. County homecare workers march downtown to call for a hike in the minimum wage to $15 per hour on Tuesday, April 14, 2015, in Los Angeles.

    The Los Angeles City Council gave final approval to an ordinance raising the minimum wage to $15 an hour by 2020 from the current $9.

  • LA approves minimum wage increase Thursday, 11 Jun 2015 | 8:30 AM ET
    LA approves minimum wage increase

    Giving a lift to other efforts, the LA City Council approved a raise in the minimum wage to $15 an hour by 2020.

  • Los Angeles wage hike passes Wednesday, 10 Jun 2015 | 1:32 PM ET
    Los Angeles wage hike passes

    Los Angeles has approved moving the minimum wage to $15 per hour, reports CNBC's Jane Wells.

  • LA one step closer to $15/hr minimum wage Thursday, 4 Jun 2015 | 7:00 AM ET
    LA one step closer to $15/hr minimum wage

    Los Angeles is one vote away from raising the minimum wage to $15 an hour.

  • Can't find parking? There's an app for that Wednesday, 3 Jun 2015 | 3:41 PM ET
    Luxe Valet app

    Valet services like Luxe and Zirx are offering everything from basic parking services to oil changes to win the right to park your car.

  • Big matchups mean big ticket money for NHL, NBA Saturday, 30 May 2015 | 2:00 PM ET
    eBron James #23 of the Eastern Conference in action against James Harden #13 and Stephen Curry #30 of the Western Conference during the 2015 NBA All-Star Game at Madison Square Garden on February 15, 2015 in New York City.

    Hockey is vying with basketball for the attention of fans, who could be forced to cough up a pretty penny if they hope to attend the games.

  • CNBC update: Mysterious oil globs in LA Thursday, 28 May 2015 | 11:30 AM ET
    CNBC update: Mysterious oil globs in LA

    Coast guard scientists are investigating mysterious balls of tar washing ashore in Los Angeles County, and Teva will pay a $1.2 billion settlement, reports CNBC's Sharon Epperson.

  • LOS ANGELES, May 22- Union dockworkers at all 29 U.S. West Coast ports have voted overwhelmingly to ratify a contract agreement reached in February with shipping companies and terminal operators to end months of labor strife that snarled trans-Pacific trade. Members of the International Longshore and Warehouse Union voted 82 percent in favor of the new...

  • Priciest concert: Grateful Dead or Taylor Swift? Thursday, 21 May 2015 | 11:45 AM ET
    Phil Lesh and Bob Weir will reunite with members of the Grateful Dead to perform this summer.

    Procrastinators can benefit from summer concert pricing. But if seeing The Grateful Dead is on your bucket list, be prepared to pay up.

  • Wage hike impact? Try automation, price jumps: CEO Wednesday, 20 May 2015 | 4:31 PM ET
    Taco Bell

    One mega-franchisee CEO is already changing his growth strategy as a result of minimum wage hikes.

  • LA wage hike by 2020 Wednesday, 20 May 2015 | 11:44 AM ET
    LA wage hike by 2020

    CNBC's Kate Rogers reports Los Angeles will raise minimum wages to $15 per hour.

  • Los Angeles raises minimum wage to $15 an hour Tuesday, 19 May 2015 | 5:00 PM ET
    Fast food workers, healthcare workers and their supporters march to demand an increase of the minimum wage to $15 per hour, in Los Angeles on December 4, 2014.

    Los Angeles will raise its minimum wage by 2020, as workers in the U.S. rally for higher wages, The New York Times reports.

  • Video shows Uber drivers how to manipulate prices Tuesday, 19 May 2015 | 1:32 PM ET
    Uber Winter Storm

    The online video, which appeared on an Uber driver online forum, appears to show how repeatedly canceling planned pickups causes fees to increase.

  • Soaring L.A. jet prices attract Asian imports Monday, 18 May 2015 | 8:56 PM ET

    SAN FRANCISCO, May 18- Wholesale jet fuel prices in the Los Angeles market remained high on Monday due to maintenance issues at refineries along the West Coast, prompting shipments from Korea and Japan that are expected to arrive in early June, traders said on Monday. The price surge is due to low supplies caused by planned maintenance at Chevron's El Segundo...

  • Not excellent: Voice of Mr Burns quits Simpsons? Thursday, 14 May 2015 | 9:19 AM ET
    Mr. Burns from "The Simpsons."

    The long-running TV cartoon series could be saying goodbye to a key member of its voice cast, according to The Hollywood Reporter.

  • ACLU calls for Hollywood gender bias investigation Tuesday, 12 May 2015 | 2:42 PM ET
    The Hollywood sign in Hollywood, California

    The American Civil Liberties Union on Tuesday called on state and federal civil rights agencies to investigate gender discrimination in Hollywood.

  • 'Micro livestock': Edible crickets business booms Monday, 11 May 2015 | 10:58 AM ET
    Crickets are being promoted as a sustainable, high-protein food source for humans.

    The edible cricket market is seen as growing substantially this year, with some players forecasting triple-digit sales growth.