City Council members in the city of Industry unanimously approved a proposal Thursday for a pro football stadium intended to lure a team back to the Los Angeles area.

Amid the financial wreckage of the Bernard Madoff scandal, a cottage industry of talking heads, expert panels and Internet traffic is thriving.

Organized labor and many Democrats are selling a “Buy American” clause in the economic stimulus package as a commonsense measure in legislation designed to put Americans to work. Industry groups offer a starkly different outlook, seeing it as protectionis

The U.S. spirits industry said Friday its revenue and volume growth rates in 2008 slowed from previous years. Here’s a look across the category, with volume growth rate and gross revenues for various spirits as reported by suppliers:

Drinking away your troubles? Possibly. But chances are you’re doing less of it, and you’re imbibing at home.

Renault SA’s chief said Tuesday that carmakers are facing the worst crisis since the Great Depression and called on European governments to save the auto industry from collapse.

Renault SA’s chief on Tuesday called for rapid intervention from European governments to save the auto industry from collapse.

France is considering “several billion euros” in extra help for its auto makers, a top French official said Monday, ahead of a meeting with auto industry chiefs on how to stem collapsing car sales.

The European Union’s industry chief says ailing automakers should not expect a free ride in state aid to overcome the financial crisis.

A freight train has collided with a big rig in an industrial area of eastern Los Angeles County.