That's quite a discount from the $2 billion that Hulu's owners were asking for two years ago. Then again, the digital world has gotten more complicated and competitive.

Company that operates more than more than 2,000 portrait studios in the U.S., many of them in department stores, abruptly shuts down, leaving workers and customers in a lurch.

Here's one more nail for the OC-based electric car company, which was unable to find a sucker... er, partner to infuse more money into the place.

A frustrating pattern continues for the third consecutive year: Strong numbers in January and February, and then off the cliff in March. Only 88,000 payroll jobs were added in the U.S. last month, way, way below estimates.

All kinds of tributes to film critic Roger Ebert, who died today after a long bout with cancer, but one common theme is how he encouraged young writers interested in film criticism.

The Pulitzer Prize winner had been battling cancer for years, He was 70.

The dirty little secret in the soap powder game is that consumers use way too much than required - and that presents an unintended consequence of introducing pre-measured pods.

Lots of CEOs are making big money, largely because of the Wall Street rally. "I'm shell-shocked. I can't believe this can go on," says Vanguard founder John Bogle, who is a long-term critic of CEO pay.

In case you haven't been following, Ontario has become an airline wasteland - and where there are no flights, there are no revenues.

Seems like a long time ago when two women living in the Valley, Pamela Skaist-Levy and Gela Nash-Taylor, came up with a casual fashion brand that made velour tracksuits, along with the famous Juicy logo, a not-so-subtle fashion statement.

"I got a call from my mom today," he says on tonight's show. "She says, 'Well, David, I see you didn't get the Tonight Show again.' "

Not too long ago condo developers were frantically converting their units to rentals because of the disastrous housing market. Nowadays, there aren't enough condos to meet demand.

Elon Musk is making a big deal about his car company being in the black for the first quarter - and indeed it's an important development. But the numbers are a bit misleading.

The late-night host signed off on NBC's plan to have Jimmy Fallon take over early next year, right after the Winter Olympics. The network also announced that the show will be moving to NY from Burbank. "This time it feels right," said Leno.

A fine newspaper has gone underground, and I have to wonder whether we'll ever hear from it again.

March was a very good month for GM, Ford, and Chrysler - and further proof that the recovery is moving along at a more than decent clip.

it's a tricky issue to take a definitive stand on, which makes the city councilman's announcement kind of refreshing in this often namby-pamby campaign.

It's been almost a year since city officials filed for protection, and creditors are still griping about whether the city was actually insolvent. On Monday, a U.S. bankruptcy judge said that Stockton officials were negotiating in good faith and that major creditors weren't.

Not every piece of California business needs to originate from a California company, but it does seem odd that the California Association of Realtors is using a Philadephia-based ad agency for its news series of spots.

The three stinking rich investors taking bets on the stock price of L.A.-based Herbalife are all making money - despite the fact that two of them are wagering that shares will go up and the third is insisting that shares will go down. But how can that happen?

He's baaaack - actually, Ray Irani never really left the L.A.-based oil company. He just moved himself to the chairman's position after a shareholder revolt over his scandalously high compensation left the board with little choice. Now he's orchestrating the firing of Stephen Chazen.