At the so-called Woodstock for Capitalists, Warren Buffett spoke about sharing the wealth, The New York Times reports. » Read More
Lawmakers in Los Angeles are making a move to end the building of super-sized mansions, reports NBC's Hallie Jackson.
Malibu wants to have its own school district, separate from the less wealthy and more diverse Santa Monica, NBC News reports.
CBS and Dish Network are far apart on talks for a new distribution deal, a source said, which might cut off popular TV shows from many subscribers.
Sales of existing homes in Los Angeles were flat in September from August and down nearly 2 percent from a year ago.
"Beer has to have water," says the manager of one brewery, who noted that a typical can of beer is 92 percent water.
A federal amendment expired, paving the way for Dallas Love Field to offer flights again and setting the stage for an airfare war.
E-cig consumption is on track to pass regular cigarettes in a decade, but for now, rules on where you can smoke are often unclear.
The last few years have seen Adobe launch and scrap waves of applications as the company tried to find its place in a world gone mobile.
A league source claims that the NFL will send one or two teams back to Los Angeles within the next 12 to 24 months. NBC Sports reports.
The plastic bag's role in pollution has sparked a statewide ban in California, but this good-intentioned measure could have unforeseen consequences.
CNBC's Robert Frank takes a tour of a new $85 million spec home in Beverly Hills, which has a garage that lifts your car into the living room and a 54-foot wall of glass that opens onto views of Los Angeles.
While real estate in much of the country is hitting a slow patch, luxury home sales in Silicon Valley are soaring nearly as fast as Facebook stock.
Fewer than 10,000 workers could get the new minimum raise adopted by the Los Angeles City Council.
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.