Category: Business

Corporate managements nationwide undoubtedly breathed sighs of relief Wednesday, when the Securities and Exchange Commission approved a rule mandating their disclosures of greenhouse gas emissions and risks from global warming…..

Every once in a while, Shardreata Moore gets a Subway coupon in the mail, and she knows she won’t have to worry about her next three meals. “I get a….

The swing shift is about to start at a plant that is about to close. Late winter sunlight casts long shadows from workers crossing the parking lot, where stray cats….

Recently released government data hammered home what we have known for at least a year: A national housing shortage, not broad-based price increases, is driving inflation. Inflation over the past….

WASHINGTON —  U.S. employers continued hiring new workers at a brisk pace last month, providing fresh evidence that the overall economy remains sturdy, but the new data showed that California is….

Los Angeles commuters: Don’t be alarmed, but driverless taxis may soon become a more common sight on local streets. On March 1, state regulators gave Waymo, the self-driving taxi company….

Walt Disney Co. has been accused in a lawsuit of systematically underpaying maintenance workers at its Southern California hotels. The lawsuit, filed in Orange County Superior Court on Thursday against….

Two days after the food hospitality operator at a fashionable downtown hotel shuttered its restaurants and laid off its food and beverage employees, a new third-party management company moved in….

The pharmaceutical industry’s all-out attack on President Biden’s drug negotiation initiative for Medicare — comprising nine federal lawsuits (so far) and lots of heavy breathing by lobbyists — has just….

Four years ago, Netflix was faced with a formidable challenge to its dominance. Competitors including Walt Disney Co. and Warner Bros. Discovery invested billions of dollars to chip away at….

What are the chances that the noted anti-vaxxers Donald Trump and Robert F. Kennedy Jr. would make common cause to undermine Americans’ health in their pursuit for the presidency? It….

Target Corp. will launch a paid subscription program next month that offers same-day delivery service, joining an increasingly large field of competitors betting that consumers will shell out annual fees….

If you’re a California resident and haven’t done your federal tax return for 2023, you now have another, more user-friendly option online: the free Direct File service from the IRS…..

On your next Trader Joe’s run, you can skip the steamed chicken soup dumplings. More than 61,000 pounds of the grocer’s frozen Steamed Chicken Soup Dumplings have been recalled this….

As of this writing, the measles outbreak in Florida is up to nine cases, including the first one recorded outside the epicenter in Broward County, in the vicinity of Fort….

It’s a bad time for lovers of big retail stores. As Macy’s announced plans to close 30% of its locations, including its store in San Francisco’s Union Square, Walmart said….

If you are a Los Angeles County resident who gets electricity through the Los Angeles Department of Water and Power or Southern California Edison, you have probably been shocked by….

Defense contractor Northrop Grumman Corp. has told its employees that it could cut as many as 1,000 jobs in Southern California. The affected employees are part of the company’s space….

Forget a bike or the city bus, California teens can now grab a solo Uber ride to their desired destination with a new product launched by the company statewide Thursday…..

Insurance industry groups have called it a “bomb-throwing bogus advocacy” group, a “publicity-seeking, dark money front,” and an organization out to protect its own “financial $elf-interest$.” These are the kinds….

The proxy fight between activist investors and the Walt Disney Co.’s current board is heating up as the heirs of Walt and Roy Disney, who founded the company in 1923,….

Michael Suswal’s first eye-opening encounter with the vibrancy of San Francisco came in 2017. That’s when he and his fellow co-founders of Standard AI, an artificial intelligence startup funded by….

It was a typical Sunday at El Zarape. Families enjoyed Mexican food and good vibes at the East Hollywood restaurant inside a strip mall on Melrose Avenue as CicLAvia shut….

If “Barbie” is awarded best picture at next month’s Academy Awards, it would only crown what has been an unprecedented moment for the world’s No. 1 selling doll. The glossier….

This year’s destructive winter storms in California have prompted the Internal Revenue Service to once again push back its deadlines for filing returns and paying taxes owed — but just….

After Jan. 10, when the Securities and Exchange Commission approved the first bitcoin exchange-traded investment products, the biggest investment firms jumped into the pool with both feet, jostling one another….

Southern California Edison has agreed to pay $80 million to cover costs and damages from the 2017 Thomas fire, a massive blaze in Ventura and Santa Barbara counties that killed….

Lawmakers and regulators in Washington are starting to puzzle over how to regulate artificial intelligence in healthcare — and the AI industry thinks there’s a good chance they’ll mess it….

Los Angeles Lyft driver Shan Sedigh held out his phone. On the screen, Lyft’s app detailed a Feb. 9 ride for which Sedigh’s passenger paid $105.40. Sedigh earned a little….

Two men who are believed to have targeted employees and customers in dozens of massage parlor robberies have been charged in federal court. One of the men admitted to carrying….

Rivian Automotive Inc. emerged as a darling of investors — a brand with promise for bringing the “cool” factor to the once-red-hot market for electric vehicles. But the Irvine-based company….

Remember when Los Angeles had only one area code? Of course you don’t. The area’s relentless growth forced regulators to split the iconic 213 area code again and again, starting….

California workers who believe they have been victims of wage theft or other workplace abuses have for more than two decades relied on a unique state law that lets them….

The Los Angeles City Ethics Commission on Wednesday unanimously rejected a proposed settlement between the city and former CBS Chief Executive Leslie Moonves, saying a tougher penalty was warranted for….

In recent years, disinformation has seemed to be on an inexorable march across the scientific and medical landscape. Prominent politicians, up to and including the former president, have promoted useless….

WASHINGTON —  President Biden signed an executive order Wednesday that creates new rules to shore up security at American ports — and commits $20 billion to replace Chinese-made cranes that U.S…..

For years the growth of warehousing in the Inland Empire was relentless. At the confluence of port-bound freeways and rail spurs along the eastern edge of Los Angeles’ sprawl, box-like….

Capital One Financial Corp. announced Monday that it had reached an agreement to acquire Discover Financial Services for $35.3 billion, instantly creating a financial behemoth should the deal be approved….

Millions of Medi-Cal beneficiaries can now save for a rainy day, keep an inheritance, or hold on to a modest nest egg without losing coverage, thanks to an eligibility change….

In a darkened Amsterdam conference hall this summer, a panel of industry and academic scientists took the stage to announce a plan to radically expand the definition of Alzheimer’s disease….

Joe Choi stood inside Aladdin Fullerton bookstore, flipping through “Introduction to Business Management” in Korean. Choi, 33, has lived in the U.S. since he was a teenager, but he’s still….

California drivers can now buy an auto insurance policy directly from Allstate again, after the company hit pause on selling new insurance through its website or phone service to customers….

It’s said that rain on your wedding day is good luck, but what about when a deluge of rain forces your venue to close days before your nuptials? That’s the….

REI will close up shop in Santa Monica at the end of the month, marking the second move out of a busy downtown area this month for the outdoor retail….

Over the course of an 11-week fraud trial before New York Justice Arthur Engoron, Donald Trump practically begged for a harsh verdict. On Friday, he got his wish and then….

If you’ve been following the war between authors and the purveyors of AI chatbots over whether the latter are infringing the copyrights of the former, you might have concluded that….

Hip-hop impresario and entrepreneur Russell Simmons is being sued for defamation by Drew Dixon, a former Def Jam Recordings executive who also has accused Simmons of sexual assault and harassment….

Andy Strehlow felt a deep and familiar sting when he saw the beehives were missing. Just days before, the bees had been trucked more than 1,700 miles from his bee….

The ports of Los Angeles and Long Beach reported sharply higher cargo traffic in January, part of a rebound from 2023 when freight movement fell as labor troubles pushed shippers….

It’s indisputable that the decline of state fiscal management in California began with the passage of Proposition 13 in 1978. The tax-cutting initiative upended the tax structure that provided most….

Disneyland’s costumed characters and parade performers have announced their intent to unionize. Calling themselves “Magic United,” cast members in the Anaheim resort’s Characters and Parades departments said Tuesday that they….

Half a trillion dollars. That’s how large the creator economy, currently pegged at $250 billion, is predicted to grow in the next four years, according to Goldman Sachs. While people….

Being stuck in traffic is a familiar problem for many Californians, but state officials want to harness the power of artificial intelligence to discover new solutions. The California Department of….

Social media companies design their feeds to be as gripping as possible, with complicated algorithms shuffling posts and ads into a never-ending stream of entertainment. A new California law would….

If the effort to ban medication abortion now before the Supreme Court demonstrates anything, it’s that the damage caused in our society by junk science can be disastrous indeed. That’s….

The turning point in Americans’ perception of the economy — that despite months of doom-colored predictions of a looming recession — may have occurred on Jan. 25. That was the….

Mysheka Ronquillo works as a cashier and cook at a Carl’s Jr. in Long Beach, earning $16 an hour. She’s looking forward to a raise to $20 an hour in….

Five more Southern California hotels have reached tentative labor agreements covering about 650 workers, the latest settlements in a months-long strike that at times has been marked by violence. In….

The window to sign up for health insurance through California’s state marketplace, Covered California, ends Friday at midnight. The window for new customers was originally slated to close on Jan…..

Construction has begun on One Beverly Hills, a nearly $5-billion condominium and hotel complex that promises to transform the Beverly Hills skyline and be a commanding presence on its western….

Stanley Kubrick’s masterpiece of nuclear black comedy, ‘Dr. Strangelove,’ premiered 60 years ago Monday. It feels as fresh and horrifying today as it did then.

Four bolts were missing from a door panel that blew out of an Alaska Airlines flight last month while the Boeing 737 Max 9 plane was flying over Oregon, according….

NASA’s Jet Propulsion Laboratory will lay off hundreds of employees this week in anticipation of massive funding cuts in the next federal budget, JPL director Laurie Leshin told staff on….

Few people outside the music industry may know the name Chuck Philips, but few inside the industry will forget it. As the leading music industry investigative reporter of his generation….

This week’s rain is turning streets into creeks and hillsides into mudslides. Homeowners across Southern California are facing major damage to their homes as a result — and in most….

For a moment, I fell under the spell of Bryan Johnson. Bathed in early-morning sunlight, the 46-year-old L.A.-based tech centimillionaire and longevity celebrity didn’t look much younger than his age,….

Retail drugstore chain CVS said it will close 25 of its in-store MinuteClinic locations in Greater Los Angeles by Feb. 25. Those locations are spread throughout Southern California, including the….

The house does not always win. Starting April 2, the Tropicana Las Vegas will shut its doors to make way for a new baseball stadium and resort, nearly 67 years….

With property tax bills as high as they are in Southern California, you’d think that homeowners would sign up for every break they could get. You would be wrong. Since….

Two dozen UC Riverside students chanted “People over property” and carried signs that read “Crush the contract” and “Seize the beans of production” as they climbed four flights of stairs….

An environmental investigation by the San Francisco district attorney’s office that began in 2018 and spurred similar inquiries throughout the state concluded Thursday, when a San Joaquin County judge ordered….

In a span of just three weeks in the summer of 2022, Alice Lin was swindled out of her life savings in an internet scam that began on a Chinese-language….

On the face of it, Florida Gov. Ron DeSantis achieved an important victory Wednesday in his two-year battle with Walt Disney Co., as a federal judge tossed Disney’s lawsuit contending….

City National Bank was fined $65 million on Wednesday by federal regulators for failing to maintain proper risk management and internal controls, including those related to money laundering. Long known….

Elon Musk may be learning the hard way that his streak of always having things his own way is coming to an end. The most recent clue was delivered Tuesday….

Few business leaders have taken to heart more than Elon Musk the old lawyer’s saw that if you don’t have the facts or the law on your side at trial,….

Veteran Los Angeles Times journalist Hector Becerra has been named managing editor of the newspaper. Interim Executive Editor Terry Tang announced the appointment Tuesday, delivering on her promise to quickly….

This weekend Alaska Airlines and United Airlines resumed flying some of their Boeing Max 9 planes, all of which were grounded after a door panel on a Max 9 blew….

As Californians do their taxes for 2023, an estimated 70% could qualify for free help online to prepare and file their federal returns. But in the past, only a small….

It’s back to regular IRS deadlines for California taxpayers this year, but with a new tool for many low- and moderate-income households: a service that will prepare and file their….

The landing gear was stowed, the plane was climbing to cruising altitude, and then a segment of the wall exploded out of the rear cabin of Alaska Airlines Flight 1282….

Months of strikes have brought about more than two dozen new labor agreements between hotel operators and their workers, yet tensions remain high on picket lines across Southern California. In….

For decades, Disneyland has been hampered from expanding its Anaheim resort due to streets, highways and businesses that encircle the self-proclaimed “Happiest Place on Earth.” But Disneyland hopes to get….

Wrestling impresario Vince McMahon has resigned as executive chairman of the board of TKO Group, the public company formed last year after Endeavor acquired World Wrestling Entertainment and merged it….

Nikki Haley blocked the expansion of Medicaid under the Affordable Care Act while she was governor of South Carolina. Her policies on abortion rights are execrable. Her home state has….

It’s hard to think of a California company that carries more toxic baggage than Cadiz Inc. The Los Angeles firm has been trying for more than 20 years to advance….

Federal Aviation Administration officials have cleared the runway for Boeing’s 737 Max 9 to fly again less than a month after a portion of an Alaska Airlines plane blew off….

It used to be fairly easy to dismiss Florida’s surgeon general, Dr. Joseph A. Ladapo, as a clownish anti-vaccine quack posing a danger mostly to residents of his home state…..

Republicans and Democrats don’t seem to agree on much these days. But despite the gridlock in Congress, both political parties have for years supported spending billions on Science, Technology, Engineering….

Netflix added more than 13 million subscribers during the fourth quarter, the company said Tuesday, extending its lead in the streaming video business. The Los Gatos, Calif.-based streamer’s subscriber growth….

Nick Dunlap is the first winner of the American Express event on the PGA Tour who likely leaves home without an American Express card. The 20-year-old sophomore at the University….

Sunday was a tough day for those, like me, who get their entertainment jollies by watching losers try to redeem themselves. I’m not talking only about the Buffalo Bills, the….

A couple in Pomona who were selling an iPad were held at gunpoint and attacked during a meetup with a potential buyer, a crime that experts say happens too often….

Jose “Luis” Vasquez, a California musician who found fame with the post-punk project the Soft Moon, and John “Juan” Mendez, a popular Los Angeles DJ who performed as Silent Servant,….

Facing increased scrutiny over its social networks’ effects on teenage users, Meta announced Tuesday that teens on Facebook and Instagram will see less content related to self-harm and eating disorders…..

You walk into the office kitchen to heat up your lunch and are greeted by a mess. Your co-worker Bridget has left the communal area in disarray — again. You’re….

RIO VISTA, Calif. —  The tech billionaires who for years secretly amassed land in the scrubby grasslands on the fringe of San Francisco Bay announced Wednesday that they will begin gathering….

Gen Z hasn’t crossed over into the metaverse just yet. Retail experts say these young shoppers have helped malls bounce back after the downturn brought on by the pandemic, in….

Macy’s is closing five stores, including the location at Simi Valley Town Center, and laying off 3.5% of the department store chain’s workforce, according to a statement from a company….

The owner of Vroman’s, a historic independent bookstore in Pasadena, is looking to sell both of its locations in the city, along with Book Soup in West Hollywood. The bookstore,….

I knew it was going to be bad. By the time I sat down to watch the thing, much of the internet was already furious that a “state-of-the-art-entertainment AI” called….

Those of us who diligently follow financial forecasts know that the go-to place for mapping out the course of the economy over the coming 12 months is Davos, Switzerland, the….

Diddy has withdrawn his racial discrimination lawsuit against Diageo after accusing the spirits company of marginalizing his Cîroc vodka and DeLeón tequila brands. The embattled music mogul, whose once-celebrated career….

There was a time, I must admit, when the hedge fund billionaire Bill Ackman was one of my Wall Street heroes. It started in December 2012. Ackman had decided to….

SAN FRANCISCO —  Far from the palm trees of Miami or Austin’s taco trucks, Catalin Voss has headquartered his literacy start-up between a cannabis club and pawn shop in the heart….

If you’ve spent any amount of time on TikTok or talking to your 12-year-old niece, you’ve probably heard of the Stanley cup by now. The 40 oz. insulated tumbler with….

Since her usual hazardous waste disposal site closed last year, Dashiel St. Damien has accumulated 20 pounds of batteries and a bag full of lightbulbs. St. Damien, 46, a designer….

While expressing his regret that 500 workers would be laid off, the chief executive of the Amazon-owned livestreaming platform Twitch chided his staff in a memo for leaking the news….

The American legal system has a message for women concerned about their abortion rights: Don’t make the mistake of thinking that your pharmacist is your friend. Thanks to a gaping….

The new year has brought more progress in contract talks between Southern California hotels and the union that represents their workers. Unite Here Local 11 this week secured tentative agreements….

The ports of Los Angeles and Long Beach, the nation’s largest cargo complex, are bracing for a business surge created by problems elsewhere: the Suez Canal in Egypt — a….

This time in 2023, the world was in thrall to the rise of OpenAI’s dazzling chatbot. ChatGPT was metastasizing like a fungal infection, amassing tens of millions of users a….

A small uptick in the nationwide inflation rate last month was an unwelcome glitch for many consumers and for Washington policymakers, but it may be a more serious development for….

Arezu Aghaseyedjavadi signed up for her first Barry’s class in 2017, motivated to give the high-intensity workout a try after noticing how fit everyone seemed when she flew from San….

January is the month to sign up for stuff you’re probably not going to keep doing later. Like cooking class or hot yoga. It’s also the month for setting goals,….

Articles asking us to feel sympathy for families barely scraping by on healthy six-figure incomes may be staples of the financial press, but it’s rare that they come packaged as….

Recording new voice-overs without speaking a word: For a busy voice actor, it might sound like a dream — unless that actor is worried about artificial intelligence being used to….

Workers at fast-food restaurants and in minimum-wage jobs can expect a pay bump soon, courtesy of higher wage floors adopted by California lawmakers and more than two dozen cities across….

The Queen Mary has for years been a landmark in the city of Long Beach, an iconic ocean liner serving as a majestic sentry at the port and a popular….

If you’re a fan of techno-hype, 2023 was the year for you. Believers felt themselves validated by seeing excitement and fear about AI chatbots reach previously untouched heights. Skeptics may….

These days, it looks like the bloom is coming off the rose for remote work: Many employers are talking tougher. New research shows employees are actually less productive when they….

You may have heard during the last few days about the resignation by the president of a smallish university in New England. Pundits, politicians and alumni are currently locked in….

Almost every square inch of wall space at Village Pizzeria on Larchmont Boulevard is adorned with tchotchkes and photos that gives the Los Angeles slice shop its bicoastal feel. A….

The biggest story in tech this year was, without a doubt, the explosive ascent of AI. The biggest story in tech next year will be whether it can turn a….

Question: Is there anything more absurd than red state governors rejecting federal programs that directly benefit their constituents? Easy answer: Yes. It’s the explanations they give to make their actions….

If 2023 was the year that AI finally broke into the mainstream, 2024 could be the year it gets fully enmeshed in our lives — or the year the bubble….

Hometown: Apple Valley, Minn. When did you start doing OnlyFans? I was very early to OnlyFans. I started in 2017 and did it for one year while living in Minnesota,….

Fickle bosses can be tough. Doubly so when they’re also the richest person on the planet. So when Elon Musk’s newest underling officially started on the job December 8, The….

If you’re making a list of big news stories of 2023, here’s one you might want to check twice: The surge in “organized retail crime,” or gang shoplifting. I’ve written….

While California lawmakers feel pressure to address concerns about crime, the murky and sometimes contradictory evidence of an increase in lawlessness has put legislators in a bind. Recent studies show….

Unite Here Local 11 has reached a tentative agreement with a 10th hotel, marking continued momentum in the contract campaign it began earlier this year. The deal with the Beverly….

Apple is pulling two of its most popular watch models from shelves this week. By Christmas Day, if a trade ruling stands, those watches will be illegal to import into….

Ignacio E. Lozano Jr. loved to tell the story about arriving in Los Angeles in 1948 from the University of Notre Dame with a journalism degree, taking a look at….

Well, goodbye to all that. Now that 2023 is drawing to a close, and it’s time that we begin to look to the new year, why don’t we spend a….

Southern California’s luxury real estate market never sleeps. But this past year, it collectively caught its breath. Luxury sales slowed down in 2023 — a combination of soaring interest rates,….

Ahead of statewide minimum wage increases for fast-food workers, hundreds of California Pizza Hut franchises announced cuts in their delivery services, laying off more than 1,100 drivers, according to federal….

Forecasting the future is difficult. But here’s an easy prediction: The anti-vaccination movement in the U.S. and globally is going to result in the deaths of more children. This grim….

It might be unusual to find Mickey Mouse and “Lady Chatterley’s Lover” mentioned in the same breath. But you can chalk up their momentary fellowship to America’s copyright laws, under….

The 30-second video ad struck an ominous tone, urging Californians to tell their lawmakers to vote against legislation that would force Google, Facebook and other large platforms to pay news….

To repurpose an old joke: How do you create a $15-billion company? Answer: First, start with a $44-billion company … Yes, we’re talking about Elon Musk and the fate of….

Want to know how much your friends are worth? Meet Flip, the shopping app that will put a price tag on every single person in your phone’s contact list. Cajole….

In the tech world, 2023 was a year of pure chaos. There was the artificial intelligence boom that breathed life into an industry in dire want of its next big….

Responding to consumer complaints about auto insurance coverage, the state insurance commissioner said Thursday that insurers could face penalties for creating unlawful barriers for California drivers. Ricardo Lara issued a….

Unite Here Local 11 has made more progress in contract talks with hotels ahead of the holidays. The union said Friday it had secured tentative agreements with three downtown L.A…..

Grocery company Ralphs illegally denied jobs to hundreds of people based on their criminal history, California’s Civil Rights Department alleges in a new lawsuit. The lawsuit, filed Thursday in Los….

Mortgage rates fell for the eighth consecutive week, giving cash-strapped home buyers some relief as the new year approaches. The average interest rate on the popular 30-year fixed mortgage clocked….

For travelers trying to reach their destinations during the storm-tossed holiday season last year, there was no problem identifying the Grinch who stole Christmas: It was Southwest Airlines. Southwest, it….

Kimmy Garris, who describes herself as a “fat solo traveler,” probably had no idea that her 30-second TikTok video was going to cause a sensation when she recorded herself in….

Season upon season, watermelons, carrots and corn have sprouted from Daniel Rudnick’s 255-acre farm along Interstate 5 in Buttonwillow, Calif. Now, the ground lies unplanted. In the next year, it….

As if high gas prices weren’t making life miserable enough, California drivers are being buffeted by higher auto insurance premiums — if they can find coverage at all. Frustrated by….

Warehouses, trucking and other aspects of the logistics industry have taken over much of the real estate in the Inland Empire in recent years, and now we know the industry….

California energy officials have voted to extend the operation of the Diablo Canyon Power Plant through 2030, extending the life span of the state’s last nuclear plant an additional five….

Did you quit your job during the Great Resignation? Are you quiet quitting? Being told to RTO? Coffee badging at the office (and then promptly leaving)? The Los Angeles Times….

Unite Here Local 11 has reached tentative contract agreements with 10 more Southern California hotels covering hundreds of housekeepers, cooks, dishwashers, servers and front desk workers who have been pushing….

Celebrity real estate agent Mauricio Umansky will not face a civil trial for allegedly violating his duties as a broker in the sale of a prominent Malibu hilltop mansion that….