Gov. Arnold Schwarzenegger will call a budget special session starting Dec. 6 that focuses on resolving the $6.1 billion current-year deficit.
MPG Office Trust Inc. said that Chief Executive Nelson C. Rising had resigned in a blow to the office landlord as it attempts to recover from the real estate downturn.
CB Richard Ellis Group Inc. has arranged for $1.5 billion in new credit, paid back $460 million in debt and refinanced another $650 million.
Walt Disney Co.'s fiscal fourth-quarter earnings fell 7 percent, mainly due to accounting issues.
California Pizza Kitchen Inc. said it lost money in its third quarter, hurt by lower sales at established restaurants and some one-time charges.
Activision Blizzard Inc. sold about 5.6 million copies of "Call of Duty: Black Ops" for $360 million on its first day Tuesday, setting a new record for the video game industry.
Alhambra and Cerritos have taken top honors this year for the most business-friendly cities in Los Angeles County, according to the Los Angeles County Economic Development Corp.
Aecom Technology Corp.’s fourth-quarter earnings rose 25 percent, but the company said the upcoming year might not meet analysts’ forecasts.