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Saving The California Dream: CA's Tax Burden

California is near the bottom of states with greatest tax burden. A new report by the Tax Foundation says California ranks 48th out of 50 states for the worst

Saving The California Dream: Precision Optical

Precision Optical is a 52-year-old Orange County company that manufactures high-end optical prisms for the aerospace, defense and biomedical industries.

Saving The California Dream: CA vs. Texas

Saving the California Dream: Studio 11 LA investigative producer Heidi Cuda spotlights the Governor Brown and Governor Perry Smackdown.

Saving The California Dream: War of Words

Governor Brown continued his road show on Thursday in Irvine and San Diego... Phil Shuman takes a look at the Governor's strategy to sell his tax hike plan...

FOX 11 News Special: Saving the California Dream

"Saving the California Dream" half-hour special, with hosts Carlos Amezcua and investigative producer Heidi Cuda, and special live guests Legalzoom &

Zappos.com Hacked, Millions Affected

Popular online US shoe retailer Zappos said that hackers accessed its network, stealing account information from as many as 24 million customers.

The War on Rural California: Part Three

We hear more of the voices from Siskiyou County, a northern region some say is the forgotten county.
 

The War on Rural California: Part Two

As part of our "Saving the California Dream" series, producer Heidi Cuda took a trip up to Siskiyou County, a county whose residents say their under siege from

The War on Rural California: Part One

As part of our "Saving the California Dream" series, producer Heidi Cuda took a trip up to Siskiyou County, a county some say is ground zero for government

Best Buy Unable to Ship Some Black Friday Orders by Holidays

‘OVERWHELMING DEMAND’ OF HOT PRODUCTS
Best Buy has made its way onto the naughty list of some holiday shoppers, as the electronics retailer has found itself

Company Recalls Misbranded Meats

An Oklahoma City company is recalling 875 pounds of turkey filets that are mislabeled as center cut steaks.  The meat was distributed to stores in Arizona,

Another Southern California Business Leaving for Las Vegas

In this edition of our "Saving the California Dream" series, we hear from Jody Sherman, who owns a company that makes eco-friendly products. He's moving his

Innovators Lead the Way in California Business

In this edition of our "Saving the California Dream" series, we turn to Bak Industries founder Julian Maimin, who came here illegally from South Africa. Now a

LA Port Clerks Go on Strike as Contract Talks Fail

More than 600 clerical workers at the ports of Los Angeles and Long Beach have gone out on strike after 20 months of bargaining failed to yield a new labor

PopChips: Made Right Here in Southern California

In this edition of our series "Saving the California Dream", we spotlight Patrick Turbin, the founder of PopChips -- a Southern California company Forbes just

Fighting the Flight of Film Production

Rather than just complain about the high cost of filming in Los Angeles, one location manager took his fight to City Hall. He says there's no time like the

Entrepreneur Committed to Staying in LA

Brian Lee, an entrepreneur who launched Legal Zoom with a cold call to Robert Shapiro, branded the hot online shoe company, Shoe Dazzle, with Kim Kardashian.

US, Facebook reach deal over privacy violations

Facebook Inc. has reached a settlement with federal trade regulators over charges it engaged in deceptive behavior when changing its privacy settings, the

Women's Impact on the California Economy

There are half a million female-owned businesses in LA County. Jane Pak, CEO of the National Association of Women Business Owners for LA, says women are less

California's Mom and Pop Shop Renaissance

There's a renaissance of mom and pop shops run by people who've given up on the corporate world to be their own boss in California. Meet one who shucked the

Feds Probe Chevy Volt Battery Fires

New fires involving the lithium-ion batteries in General Motors' Chevrolet Volt have prompted an investigation to assess the risk of fire in the electric car

Is Los Angeles Addicted to Taxes and Red Tape?

Los Angeles City Council President Eric Garcetti wants to wean the city off of excessive taxing. He says it's time for Los Angeles to take a long view.

Westside Is Attracting New Businesses

Two years ago, the Westside faced 14 percent commercial space vacancy. In recent months, that number has dropped to 9 percent. Rafael Padilla, a principal

CEO: State Puts Big Burden on Businesses

Paige Craig, the CEO of Betterworks, has invested in dozens of start-up tech companies and coined the term, "Silicon Beach." He says he wants the state to give

Texas Lures California Businesses Away

In our series, "Saving the California Dream," we talk to business leaders about the state of California's economy and the exodus of business. Here, we hear

CEO Says Los Angeles Drives Business Away

In our series "Saving the California Dream," we've heard tough points of view on doing business in Los Angeles. In this edition, you'll hear some facts from

California: Business vs. Environment

California has long been the nation's leader in tackling environmental issues, but as we witness the exodus of business to other states, some political leaders

Council Eliminates Business Tax on Mutual Funds

The City Council took steps to make Los Angeles more attractive to businesses, including ending a tax on mutual funds and moving to extend a tax holiday for

AOL Revamps Instant Messenger

AOL is giving its AIM instant-messaging software a new look and new features in hopes of stopping the ongoing exodus of users who have turned to texting and

Ranch Pays $17M for Fight of 2007 Wildfire

The corporate owners of a Santa Barbara County ranch have paid $17 million to end an investigation and compensate state and federal agencies for the cost of

Social Media Helps Revive Sunset Strip

A few years ago, the Sunset Strip was pretty much D.O.A., losing business to Downtown Los Angeles and Hollywood. One club owner says that all changed with

Lt. Governor Gavin Newsom on California's Economy

One name on the minds of many California business leaders is that of Lieutenant Governor Gavin Newsom, who's been very vocal about making changes to inspire

Judge to Decide on Crystal Cathedral Sale

The federal judge overseeing the Crystal Cathedral bankruptcy case has put off until Thursday a decision on whether Chapman University or the Roman Catholic

Target Store Coming to Westwood

A CityTarget store is expected to open in Westwood next July, creating about 200 jobs. This will be Target's second store set for Los Angeles in upcoming

Why California's a Good Place for Businesses

Westside Rentals owner Mark Verge, a "serial entrepreneur" owns 21 Southland businesses. He says Sacramento can use some help fixing the California economy,

Who's Trashing California's Economy?

Our series "Saving the California Dream" looks at what's working in our state economy and what's not. Dan Logue, a Republican Assemblyman who led a bipartisan

Amazon Looks to Take on Apple's Siri with Purchase of Yap

Amazon is looking to take on Apple's iPhone 4S Siri virtual assistant with the purchase of a company called Yap, according to All Things Digital.

Why Businesses Move Out of California

Since 2007, more than 2,500 employers have left California. They've taken about 109,000 jobs with them. Why is that happening and... more importantly... how

Small Businesses Key to California Economy

We've heard from a CEO running a multi-billion dollar industry on dealing with California's floundering economy. Here, we talk to a small business owner who

Mayor Wants Auto Dealers Back in LA

Mayor Antonio Villaraigosa has proposed eliminating the city's business tax for auto dealers in a bid to keep new-car dealerships in Los Angeles.

How Can We Save California's Economy?

We're inviting California business leaders and politicians to voice their concerns and offer solutions to the state's economic crisis. Meet some of the key

Are California Laws Stifling New Business?

Carl's Jr. CEO Andy Puzder, one of the most vocal critics of California's business climate, explains why he's building 300 new restaurants in Texas... but none

Mayor Touts Google Opening in Venice

Mayor Antonio Villaraigosa welcomed Google's arrival in Venice today, saying the move from Santa Monica to Los Angeles is a boon for the city's creative

Siri Goes Down for Apple iPhone 4S Users

Apple's Siri virtual assistant apparently experienced an extended outage on Thursday.

Crystal Cathedral Board Backs Sale to Chapman University

Crystal Cathedral Ministry's board members have picked Chapman University as their preferred buyer of the debt-ridden mega-church's property in Garden Grove.

Latino Halloween Characters Becoming More Popular

Halloween is slowly taking on a Latino flavor, with US costume stores beginning to capitalize on the burgeoning Hispanic population by incorporating Latino

CA Prison Restructuring May Mean Layoffs

A California prison system that has grown to be the nation's largest and has been sued for severe inmate crowding is heading for a historic downsizing.

News Corp. Chief Faces Angry Investors

Rupert Murdoch, chairman and chief executive of News Corp., on Friday faced shareholders for the first time since a phone-hacking scandal at its UK newspaper

California's Green Tax Breaks in Question

In just a year, a state panel created with bipartisan legislative support worked to authorize millions in tax breaks to help "green" companies in California,

City Council Passes Business "Local Preference" Ordinance

The Los Angeles City Council gave a boost to local businesses that bid on city projects worth more than $150,000 by passing the "local preference" ordinance.

AT&T: iPhone 4S Demand "Extraordinary"

AT&T Inc. says initial demand for the iPhone 4S has made it the most successful iPhone launch of the company has ever had -- with more than 200,000 preorders

7 Things Steve Jobs Got Wrong

Steve Jobs pushed the envelope many times when it came to product design, and the results weren't always pretty. Here are seven products created under his

10 Products That Shaped Steve Jobs' Career

Steve Jobs had no formal schooling in engineering, yet he's listed as the inventor or co-inventor on more than 300 U.S. patents. These are some of the

California Politicians Remember Steve Jobs

California's political leaders are sharing their thoughts about the death of Apple co-founder Steve Jobs.

Steve Jobs Dies at Age 56

Steve Jobs, Apple's co-founder and former CEO, who invented and masterfully marketed lust-worthy products that transformed everyday technology... from

Bank of America to Charge Debit Card Fee

Bank of America will start charging debit-card users $5 a month to pay for purchases. The move comes as the cards increasingly replace cash and as banks look

Grocery Workers Strike Averted

After eight months of contract negotiations that dragged past a strike deadline, supermarket workers in Southern California will stay on the job.

Investment Tips in Wake of Stock Market Drop

Stocks closed sharply lower after investors sold stocks with abandon, convinced that we're headed for a new recession. What should a stock market investor do?

Chic-Fil-A's Hollywood Premiere Draws Large Crowd

Chick-fil-A opened its first Hollywood restaurant to long lines on Thursday morning. Hundreds of fans were there... some from as far away as Florida!

Tentative Deal Reached Between Grocery Workers, Stores

Negotiators for the union representing area grocery workers reached a tentative contract agreement today with the owners of Ralphs, Albertsons and

Grocery Workers Gear Up for Possible Strike

Representatives from three supermarket chains and the union representing 62,000 grocery store clerks held contract negotiations early today to avoid another

Lawmakers Probe California Solar Company's $528M Loan

House Republicans are questioning whether the White House rushed approval of a half-billion-dollar loan guarantee for a now-bankrupt California solar panel

Apple Cuts 'Jew Or Not Jew' from French App Store

Apple Inc. has removed an app from its French App Store that let users consult a database of celebrities to determine if they are Jewish or not. The action

Bank of America May Cut 40,000 Jobs

Financial giant Bank of America could slash as many as 40,000 jobs or about 10 percent of its workforce. According to Executive Officer Brian Moynihan, they

Report: Some CEOs Earned More than Company Paid in Taxes

Twenty-five of the 100 largest U.S. corporations paid their chief executives more last year than they paid in federal income taxes, according to a report

NTSB Faults PG&E, Regulators in Gas Explosion

A federal safety panel blamed a series of missteps by one of the nation's largest gas companies for the largest pipeline accident in a decade, a suburban San

AEG Asks for Stadium Plan Legal Protection

The president of AEG told a state Senate panel today that the developer needs protection from "frivolous" lawsuits in order to move forward with a $1.5 billion

Google Shuts Slide Social Apps Firm

Slide, the social apps company that Google bought just over a year ago for about $200 million, will be dissolved and its leader Max Levchin will depart the

MetroPCS Offers Unlimited Music with Rhapsody

MetroPCS, the nation's fifth-largest wireless phone carrier, is jumping into the unlimited music busines with Rhapsody.

Apple, Samsung Smartphones Outdo Nokia in 2Q

A research firm says Apple and Samsung zoomed to the top of the list of global smartphone makers in the second quarter, blowing past Nokia and

Toy Company Awarded $309M in Doll Dispute

Toy company MGA Entertainment is entitled to more than $309 million in attorneys' fees and damages as a result of its victory over Mattel in the years-long

LA Times Announces Some Layoffs

The Los Angeles Times has laid off another round of employees as its parent company, Tribune Co., wades through bankruptcy protection.

Source: Apple Might Buy Hulu

Apple Inc. is in talks to potentially bid for video-streaming service Hulu, according to a person close to the situation.

Amazon to Cut Off CA Web Affiliates

Amazon.com Inc. said Wednesday that it will stop working with online affiliates based in California since the state passed a new rule that forces online

SoCal Gas Prices Continue to Drop

The average price of a gallon of self-serve regular gasoline in Los Angeles County fell today for the 37th consecutive day, decreasing four-tenths a cent to

Gigwalk: Make Money With Your iPhone

Want to turn your iPhone into a money maker? Well, you can... just by taking pictures with your phone for Gigwalk, a new kind of job finder that launched this

SoCal Grocery Workers OK Strike Authorization

The largest local representing Southern California grocery workers has given negotiators the power to call a strike if contract talks with major store chains

Big Hotel Project Planned Near LA Live Complex

 A 22-story hotel will be the latest addition to the ever-expanding downtown attraction that includes Staples Center and the L.A. Live entertainment complex.

Report: LAX Project Could Create 39,000+ Jobs

A $4 billion modernization effort at LAX could create as many as 39,900 jobs and generate nearly $7 billion for the local economy, according to a report

Companies Warn of E-mail Data Breach

With the possible theft of millions of email addresses from an advertising company, several large companies have started warning customers to expect fraudulent

Chase To Add 100 CA Bank Branches In 2011

Chase announced Monday that it will continue its expansion in California by opening about 100 branches and adding more than 1,500 jobs in 2011.

Target Sues CA Gay Rights Group

A judge says he will issue a written ruling by next week on a lawsuit by Target Corp. aimed at getting a San Diego pro-gay marriage group to stop canvassing

Disney Shareholders Re-elect Steve Jobs to Board

Shareholders of The Walt Disney Co. re-elected its entire board including Apple Inc. CEO Steve Jobs, despite concerns over his health and his poor attendance

Japan Quake Affecting US Sushi Prices?

The Japan quake and tsunami have taken a toll on the Japanese fishing industry, which could translate into higher prices for fish at restaurants and sushi bars

Skechers Sues Sears Over Shape-Up Line

Skechers USA Inc. is suing Sears Holdings Corp., alleging the national retailer is selling knock-off footwear that infringes some of the Manhattan Beach shoe

Target Settles CA Waste Disposal Lawsuit

Prosecutors say a California judge has ordered Target Corp. to pay $22.5 million for illegally disposing hazardous waste at stores throughout the state.

Lawsuit: Disney Left Workers Vulnerable To ID Theft

The Walt Disney Co. was sued in federal court in Santa Ana today in a class action lawsuit that alleges the company-issued employee badges leave workers

Godzilla Takes On Honda In Lawsuit

Toho Co. Ltd., the Japanese company that owns the copyright to Godzilla, is suing American Honda Motor Co. in Los Angeles, claiming the carmaker used the

AEG Sets Sights on LA Convention Center

AEG's plan to build a football stadium is still a work in progress. It needs city approvals and an NFL team to make it work... but ut looks like the giant

Boeing To Cut 900 Jobs At Long Beach C-17 Plant

The Boeing Co. announced today it will cut approximately 900 jobs at its Long Beach plant because of a slowdown in production of C-17 Globemaster III cargo

Ohio Fresh Eggs Recalled for Salmonella

Evidence of salmonella has been found at an Ohio egg farm that is linked to two Iowa egg farms responsible for a massive recall earlier this year.

City Council Approves New LAX Concessions

Many of the stores and eateries that have served passengers at LAX for years -- even decades -- will be replaced next year, under action taken today by the Los

Tribune CEO Randy Michaels to Resign: Report

A big shakeup is expected Tuesday at the Tribune Company.

Chevrolet Impalas Recalled Over Seat Belts

More than 300,000 Chevrolet Impala sedans have been recalled by General Motors because the seat belts may fail to restrain people in the front seats during a

Group: Tests Show Lead in Walmart, Target Products

Tests have revealed high levels of lead in children's products sold at Wal-Mart and Target, a consumer group working with the California attorney general's

Twitter CEO Evan Williams steps down, replaced by COO Dick Costolo

Twitter CEO Evan Williams announced Monday that he is stepping down from his position and will be replaced by Twitter's current Chief Operating Officer Dick

Mexicana Airline Halting All Operations

Debt-ridden carrier Mexicana airline is halting all operations as of midnight Friday as it seeks to restructure costs, Mexico's transportation secretary said.

Sun Country Airlines $499 All-You-Can-Fly Airline Ticket

Sun Country Airlines on Tuesday announced a $499 Fall Free For All pass – essentially an all-you-can-fly airline ticket for 37 days of unlimited travel this

Chefs, Restaurant Owners Fight for LAX Contract

Celebrity chefs and owners of more than a dozen local restaurants staged an "eat-in" on Thursday in their bid to land a city contract to open eateries at Los

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