Who says consumers have no power? Neiman Marcus had planned to close the Fresh Market on the third floor of its Beverly Hills location next month to make way for more floor space for contemporary clothing, but it decided to reverse course after customers pleaded with the department store to retain the restaurant.

The US dollar weakened against some other major currencies Wednesday after the Federal Reserve held unchanged its ultra-loose monetary policy, which tends to weigh on the greenback.

The US Army could be reduced by a further 15 percent, with cuts to the numbers of full-time active soldiers as well as reserves, Defense Secretary Chuck Hagel said Wednesday.

Under intense cross-examination, a consulting firm executive today clung to his belief that Michael Jackson was not healthy enough to perform all 50 shows for his planned "This Is It" concert series.

The average price of a gallon of self-serve regular gasoline in Los Angeles County dropped today for the 12th consecutive day -- a streak that began after nine straight days of increases -- decreasing 1 cent to $4.053.

Los Angeles City Councilman Bob Blumenfield said today he wants to give Angelenos free, citywide access to wireless internet service.