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Downtown L.A.'s cratering real estate market is changing — rich renters are buying their buildings

Hace 9 horas 23 mins

Companies are buying their buildings instead of renting them as office values bottom out around Los Angeles.

Hiltzik: Why isn't the stock market freaking out more over the Iran war? Here's why

Hace 9 horas 25 mins

The stock market has fallen since Trump went to war against Iran, but why isn't it worse?

PayPal transformed digital payments. Why the California fintech giant is now struggling

Hace 9 horas 25 mins

PayPal's stock has dropped as it faces a slowdown in branded checkout and more competition from Apple and Google. With a new chief executive at the helm, the company sits at another turning point.

Diablo Canyon nuclear power plant gets final go-ahead to run through 2030

Jue, 04/02/2026 - 18:59

The Nuclear Regulatory Commission gave its stamp of approval, ending a three-year process to allow the plant to power on.

Trader Joe's expands with two new locations in California

Jue, 04/02/2026 - 10:55

The grocery chain, known for its unique product and affordable prices, has opened two new storefronts since January, and plans to add 18 more before the end of the year.

What SpaceX and its record IPO have riding on the new race to the moon

Jue, 04/02/2026 - 05:00

SpaceX is preparing what is expected to be the largest IPO in history as NASA sends up the first Americans to the moon since the last Apollo flight in 1972.

'You're a liar.' Why the world's biggest building boom has run into a wall in California

Jue, 04/02/2026 - 05:00

The blue-collar jobs to build AI infrastructure are moving outside of California

Hiltzik: A proposed new 'fix' for Social Security that harms workers and protects the rich

Jue, 04/02/2026 - 05:00

A new proposal for saving Social Security would cap benefits at $50,000 per person. Here's how that would hurt the working class but save the rich from a tax increase.

This Californian shoe company was once worth billions. It just sold for $39 million

Mié, 04/01/2026 - 11:20

Allbirds became a Silicon Valley favorite when it launched in 2021, known best for its eco-friendly wool sneakers. The company just sold for a fraction of what it was once worth.

Why one Barbie Dream Fest was anything but fabulous

Mié, 04/01/2026 - 06:38

Attendees were promised a ticket into the ultimate dream life at Barbie Dream Fest, a 3-day fan event in Florida. Instead, it felt more like a nightmare.

Oracle lays off thousands in latest sign of tough times for tech industry

Mié, 04/01/2026 - 05:00

The cuts come as the software giant invests billions of dollars in expanding its artificial intelligence infrastructure.

Gas just hit $6 in Los Angeles. Here's where you can still find it for $5

Mar, 03/31/2026 - 19:45

Gasoline hit an unwelcome benchmark in the L.A. area as the average price per gallon reached $6. There are still some rare gems of stations where gas remains around $5.

Hiltzik: The Disney/Sora fiasco shows the limits of the AI craze

Lun, 03/30/2026 - 20:58

Disney and OpenAI thought their billion-dollar deal would underscore the importance of AI for Hollywood's future. Its ignominious collapse proves just the opposite

Mattel goes through another round of layoffs

Lun, 03/30/2026 - 13:23

The company behind Barbie and Hot Wheels plans to lay off 65 workers in May, the latest in a series of mass layoffs that have plagued Mattel in the past year.

Californian chocolate recalled for being spiked with Viagra ingredients

Lun, 03/30/2026 - 12:21

Two chocolate products, marketed for sexual enhancement, were found to contain active ingredients used to treat erectile dysfunction, the FDA announced Thursday.

Apple at 50: How a garage startup became a $3.5-trillion titan

Lun, 03/30/2026 - 05:00

The maker of the iPhone, iPad and other popular consumer gadgets hits a milestone this week, reaching its 50th anniversary.

Why Grocery Outlet is closing some stores in California

Lun, 03/30/2026 - 05:00

The bargain grocer is closing under-performing locations, including in San Diego and Orange counties.

California farmers were already struggling. Then came the Iran war

Dom, 03/29/2026 - 05:00

The war's disruption of exports and rise in fertilizer prices are hurting California farmers.

L.A. social media addiction verdict set to unleash more lawsuits — and force changes

Sáb, 03/28/2026 - 05:00

Civil juries in Los Angeles County and Santa Fe, N.M., recently found that social media companies were responsible for harms their products caused to children. The bellwether cases could now open the floodgates for a deluge of similar lawsuits.

As oil prices rise, airfares are surging and some airlines might not survive

Sáb, 03/28/2026 - 05:00

United Airlines Chief Executive Scott Kirby said the hike in jet fuel prices triggered by the conflict in Iran could put some airlines out of business.

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