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The former Microsoft chief says that his record price for the Los Angeles Clippers was a smart investment.
Look who's finally leaving the roost. Millennials are starting to move out of their parents' houses, opting to rent in many cases.
Bankers don't have a problem with the record $2 billion paid for the Clippers, but they also say it's not the new normal.
The plan has faced a "cool reception" from many major business groups worried about costs, according to the L.A. Times.
Netflix hit an all-time high of $485.30 earlier on Monday, before easing to close at $480.93, up 0.4 percent on the day.
Ex-Microsoft CEO Steve Ballmer introduced himself to Los Angeles Clippers fans at a rally celebrating his new ownership of the NBA team.
CNBC's David Faber and Jim Cramer discuss Steve Ballmer's introduction to LA Clipper fans after he bought the team from disgraced owner Donald Sterling.
FINRA charged Wedbush Securities with having shoddy risk controls, a flaw that allowed traders to flood U.S. markets and execute manipulative trades.
The sale of the Los Angeles Clippers, ensnared for months by legal challenges, is finally official.
A judge has ruled against L.A. Clippers owner Donald Sterling and cleared the way for the $2 billion sale of the team to ex-Microsoft CEO Ballmer.
The top soccer official in the U.S. wants to change the way FIFA, soccer's world governing body, does business.
HOUSTON, July 21- California refiners remain far behind peers elsewhere in the country in replacing expensive imports with cheaper North American crudes from a new production boom. More than half of the 1.7 million barrels of crude processed by California refineries each day is imported, largely from Saudi Arabia, Ecuador, Iraq and Colombia.
The fourth annual Siemer Summit ended yesterday—a meeting for startups looking to pitch their ideas, and for VCs looking for the next big thing.
Netflix earns 31 2014 Emmy nominations, including 13 for "House of Cards" and 12 for "Orange is the New Black."
Drivers in a labor dispute with three trucking companies at the ports of LA and Long Beach began an indefinite strike Monday.
The Friday start to the long holiday weekend is shaping up to be the busiest travel day of the summer, according to forecasts.
Bill Allen, president and CEO of the Los Angeles Economic Development Corporation, gives his thoughts on the potential costs of a West Coast port strike.
As the west coast port strike looms, billions of dollars are at risk. Discussing the potential use for rail, and risks involved with a potential strike, with Sri Laxmana, C.H. Robinson global supply director.
West coast dockworkers' contract expires Tuesday at 5pm PT. CNBC's Jane Wells reports on the businesses involved with the ports.
LAX Airport could get a transit link to the Metro as soon as 2022.