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L.A. business leaders express tariff frustration to Atty. Gen. Rob Bonta, say trade policy effects are 'frightening'

Mar, 07/08/2025 - 16:43

At a roundtable discussion with California Atty. Gen. Rob Bonta, several business leaders said the Trump administration's trade war and the uncertainty around tariffs is negatively influencing their companies.

This entrepreneur spots deepfakes for celebrities. Can he help average Joes too?

Mar, 07/08/2025 - 08:00

Dan Neely's Vermillio, a company that works with entertainment industry businesses to track deepfakes, is making its technology available to the public for free.

Tinder co-founder buys five-star El Encanto resort in Santa Barbara

Mar, 07/08/2025 - 05:00

Tinder co-founder buys five-star El Encanto resort in Santa Barbara

Hiltzik: Does America need billionaires? Billionaires say 'Yes!'

Mar, 07/08/2025 - 05:00

Zohran Mamdani's remarks about billionaires has the defenders of plutocrats in a tizzy. They should stop whining already.

Tesla shares slip after Musk says he will create a new political party

Lun, 07/07/2025 - 16:42

During a feud with President Trump, Tesla Chief Executive Elon Musk announced plans to start his own political party. Shares for his company fell more than 6% Monday.

Markets recoil on Trump's latest tariff moves in Asia

Lun, 07/07/2025 - 15:21

Japan, South Korea, Malaysia and Kazakhstan will face 25% import duties starting Aug. 1, while goods from Laos and Myanmar will face a 40% tariff.

TikTok reportedly prepping new app in the U.S. as potential sale looms

Lun, 07/07/2025 - 15:08

TikTok is planning to release a new app in the U.S., according to media reports. President Trump has said a deal is near.

Companies keep slashing jobs. How worried should workers be about AI replacing them?

Sáb, 07/05/2025 - 05:00

Executives from Salesforce, Amazon, OpenAI and more have weighed in recently about how AI is affecting the job market.

How Paramount's $16-million Trump settlement came together — and could've fallen apart

Vie, 07/04/2025 - 12:17

The high-stakes deal that came together this week resulted from months of back-and-forth among a constellation of power players with competing interests, including the president, the Larry Ellison family and mogul Shari Redstone.

Robert 'Bob' Elliott Cooper dies; legendary L.A. antitrust lawyer who defended American Airlines was 85

Vie, 07/04/2025 - 05:00

Robert "Bob" Cooper of the L.A. firm Gibson Dunn defended some of the country's largest and most recognizable companies from antitrust and patent lawsuits, using his Midwestern charm and expert strategy to win over juries and judges throughout the 1980s and '90s.

Why Kroger is closing 60 stores: 'One hit after another'

Vie, 07/04/2025 - 05:00

The grocery company Kroger is shutting down 60 locations in the wake of labor unrest, a failed merger and the chief executive's resignation.

Former CAA executive accused of trafficking by woman who says she was kept as a 'sex slave'

Jue, 07/03/2025 - 19:15

A woman sued former CAA Stellar Executive Chairman Jonathan Barnett and talent agency CAA on Wednesday, accusing Barnett of keeping her as a 'sex slave' and using his company resources to help finance that effort.

Hiltzik: With 'Alligator Alcatraz,' Trump and DeSantis define their immigration policy as a tragic farce

Jue, 07/03/2025 - 05:00

Trump tours Florida's new detention camp as ICE continues to harass brown-skinned workers and onlookers in California.

Tesla sales continue to slide amid competition and backlash against Elon Musk

Mié, 07/02/2025 - 15:26

Elon Musk's electric vehicle company Tesla delivered 13% fewer cars in the second quarter of 2025 compared to a year earlier.

Microsoft lays off thousands in latest cuts to state's tech industry

Mié, 07/02/2025 - 14:29

Microsoft announced thousands of layoffs worldwide, including its gaming division, as the tech industry continues workforce reductions in 2025.

California's film tax credit boost officially signed into law to lure back Hollywood jobs

Mié, 07/02/2025 - 14:25

Nine months after first proposing to increase the annual amount allocated to California's film and TV tax credit program, Gov. Gavin Newsom has signed it into law.

'Spineless capitulation.' Paramount faces backlash over its $16-million Trump settlement

Mié, 07/02/2025 - 13:29

Journalists and others said the payment will embolden attacks by Trump and his allies on news outlets. Some called the settlement a stain on the proud legacy of CBS News.

Jane Fonda and other celebs demand that Amazon improve conditions for pregnant workers

Mié, 07/02/2025 - 05:00

Celebrity activists including Jane Fonda, Cynthia Nixon and Sally Field signed a letter urging Amazon to address allegations of poor conditions for pregnant workers in its warehouses.

Buffalo Bill's Resort prepares for final rodeo as casino is set to close amid Primm's struggles

Mié, 07/02/2025 - 05:00

Primm Valley Resorts announced the imminent closure of Buffalo Bill's Resort and Casino on Tuesday afternoon. The last day for hotel reservations is Sunday.

Hiltzik: Zohran Mamdani's victory in an NYC primary has billionaires and Democrats in a panic. Here's why

Mié, 07/02/2025 - 05:00

A self-described 'democratic socialist' crushed the field in the Democratic primary for NYC mayor. The forces of reaction are already mustering against him.

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