Despite explosive housing price gains last year, builders and their financiers are hesitant to make big bets on the housing rebound.
Most are in the San Gabriel Valley or on the Westside, markets driven by Asian buyers and the tech industry. Still, many areas remain well below their pre-recession highs.
SB 391 would fund more than 10,000 subsidized homes a year through a new fee on recording real estate documents. Critics say it unfairly saddles homeowners and businesses with added costs.
The California Highway Patrol has withdrawn its safety guidance on motorcycle lane-splitting.
Walk down the street in New York and you're virtually guaranteed to see several millionaires.
Botox maker Allergan Inc. said Monday that it will cut 1,500 employees, most of them in Southern California, in a cost-cutting effort the Irvine company hopes will help it fight off a hostile takeover bid by a Canadian rival.
Salaries for recent college graduates have risen at less than half the pace for all U.S. workers since the recession, an analysis by the Federal Reserve Bank of San Francisco found.
"The Bible" was a hit for History this year, so it only makes sense that more would be coming. On Tuesday, NBC announced the sequel -- "A.D." -- is making the leap from cable to broadcast. It will air on NBC sometime in the spring of 2015. The 12-hour miniseries, executive produced by "The Apprentice" creator Mark Burnett, Roma Downey and Richard Bedser, is expected to take up the story of the New Testament after the crucifixion of Jesus. NBC Entertainment president Jennifer Salke said in a statement, "Everyone's lives were completely altered in an instant and the immediate aftermath of Christ's death had an impact on his disciples, his mother...