Top Headlines
CBS took action after a Times report into complaints of racism and misogyny in the TV station group.
-
Movie star Sylvester Stallone is aiming for a blockbuster sale in Beverly Park, listing his 21,000-square-foot mansion for $110 million.
-
After years of wrangling, a federal judge approves bankruptcy in Harvey Weinstein settlement.
-
Twitter has permanently banned My Pillow CEO Mike Lindell’s account after he continued to spread false claims that President Trump won the election.
-
Stocks swerved to a mixed finish on Wall Street on Monday, ahead of a deluge of corporate earnings reports scheduled to arrive this week.
-
A head-scratching David and Goliath story is playing out on Wall Street over the stock price of a money-losing videogame retailer
-
Marc Rowan, one of Leon Black’s top lieutenants, is to succeed him as CEO of private equity giant Apollo Global Management. Black will stay on as chairman.
-
In addition to the confirmed fraud, the state has stopped tens of billions of dollars in payments on bogus claims through tougher security measures, officials said.
-
Janet Yellen is expected to play a key role in gaining congressional approval of President Biden’s $1.9-trillion coronavirus relief package, which faces stiff opposition from Republicans.
Small businesses
Empty chairs now adorn Little Saigon, the Orange County nail salon capital of the U.S., as pandemic restrictions left countless manicurists out of work.
Maria Luz Lopez sold houseplants out of her car in the 1980s, trying to support her three young children. But when she got fined for selling on the street she took the advice of the officer who cited her, bought a vacant lot in South Park and created Avalon Nursery & Ceramics, South Los Angeles’ only enduring nursery.
The lucky among California’s small businesses have cobbled together loans and grants to get through the pandemic so far. But that money has dried up, and “you can only take on so much debt.”
How four small businesses have survived in the COVID age.
More Coverage
Surges in share price for companies like GameStop and Blackberry illustrate how social media swarm behavior has become a driving force in today’s stock market.
Neither tech company CEOs nor politicians want to make the tough calls on internet speech. Now they may have an alternative
Netflix executive Vernā Myers shares how the streamer improved Black representation at the company and the efforts it is making to improve diversity on its shows and staff.
Market researcher Euromonitor predicts COVID will define 2021 consumer experiences. But their own report reveals a need for privacy safeguards.
Pharmaceutical company Merck is giving up on two potential COVID-19 vaccines following poor results in early-stage studies.
Much of December’s distress was driven by hotels and restaurants closing, as tourism and business travel failed to bounce back and dining out was restricted.
Southern California’s nurseries had a wild ride in 2020, with huge demand from first-time gardeners stuck at home. Now they’re bracing for another big year.
The Southern California median home price rose 10% in December from a year earlier, according to data analyzed by real estate firm DQNews, continuing a pandemic housing boom driven in part by record low interest rates.
We’re running out of things to do during quarantine. But Samir Mezrahi knows that Zillow surfing never gets old.
-
Can you get fired if you don’t return to the office because of coronavirus concerns? Yes — but with a lot of caveats. Here are some strategies and legal protections.
-
Affordable housing, such as Section 8 and public housing, is available, but it often requires navigating applications and government agencies. Here’s what you need to know.
-
Many homeowners who delay mortgage payments through forbearance plans will be allowed to make missed payments when the home is sold or the loan term is over.
-
Job seeking in an uncertain economy is difficult enough. Throw in fears of contracting the coronavirus, home quarantines and hiring freezes, and the hunt becomes harder.
-
If you’re having second thoughts about a dorm room or off-campus apartment you signed up for, you may have options. Here are ways to potentially get out of your lease or cancel your contract.
-
Many people are better off paying down their debt on their own rather than taking out another loan.
-
Liz Weston, Certified Financial Planner, is a personal finance columnist for the Los Angeles Times and NerdWallet.
-
If you’re like most people in Southern California, you live in a rental.
‘Friends’ star Matthew Perry just sold his Malibu beach house for $13.1 million a few months after paying $6 million for a place in the Palisades.
Basketball great Shaquille O’Neal just sold his Bell Canyon retreat filled with custom artwork for $1.85 million.
Liam Payne, Dan Wilson and Robbie Robertson are on this week’s short list of recent real estate headliners.
In the mountains above Malibu, Liam Payne of One Direction unloaded his Spanish-style compound on five acres for $10.161 million.
In Brentwood, an architectural gem designed by Lorcan O’Herlihy centers on a wood courtyard with a fireplace and outdoor kitchen. Asking price: $4.25 million.
Company Town
The union representing crews that work on entertainment events is offering their services to aid President Biden’s vaccine rollout plan.
-
The Leawood, Kan.-based company said Monday it had raised $917 million in fresh capital since December to sustain itself through the pandemic.
-
WGN America’s new name, NewsNation, marks a major step toward becoming a full-time cable news channel.
-
A Times review of court filings, CBS’ internal communications and interviews with two dozen current and former CBS television station employees found that many were troubled by the outcome of the investigation and questioned the company’s commitment to cleaning up its culture.
-
CBS bought a small Long Island TV station for $55 million. A CBS executive ended up with a membership at an exclusive golf club owned by the seller.
-
January is often when people get their budgets in order, and this year experts say it’s especially important because the COVID-19 pandemic has changed so many households’ financial situations.
-
‘The Daily Show’ host Trevor Noah and ‘CSI’ actor David Berman are among the celebrities wheeling and dealing in the real estate market.
Most Read
-
Movie star Sylvester Stallone is aiming for a blockbuster sale in Beverly Park, listing his 21,000-square-foot mansion for $110 million.
-
Surges in share price for companies like GameStop and Blackberry illustrate how social media swarm behavior has become a driving force in today’s stock market.
-
In the roughly four-year stretch between Kobe Bryant’s retirement and his death in 2020, he built a wide-ranging business portfolio that lives on.
-
California start-up Lucid Motors seeks to take advantage of market mania for electric vehicles.
-
By updating motor vehicle safety standards, the National Highway Traffic Safety Administration hopes to speed development of automated driving technology that could save lives.
-
Elon Musk went on a selling spree just before Christmas, unloading four nearby homes across Bel-Air for a combined $62 million.
-
Subaru gifts Tina Fey white “medical sneakers” to go with her new Subaru Forester, which she likened to the shoes on “The Tonight Show” last week.
-
The Tesla chief executive’s revelation of a sale attempt follows reports about Apple planning to market a driverless car four years from now.
More Business News
-
I got my COVID shot because I’m computer-savvy. That’s not a good sign.
-
One of the remaining opening-day attractions Walt Disney oversaw himself, the Jungle Cruise will return with less racially insensitive depictions of other cultures.
-
The Treasury Department plans to resume efforts to put abolitionist Harriet Tubman on the $20 bill, White House Press Secretary Jen Psaki said.
-
Small businesses remember last year’s federal loan efforts as difficult, confusing and unfair. The new round of funding is supposed to be better.
-
COVID led Disneyland to cancel its annual pass program. Why locals matter to theme park survival and what Disney should and shouldn’t do when it revamps the program.
-
People who are self-employed — even if they work side jobs for only a few hours a week — get a litany of federal tax deductions that are not available to those who work only as employees.
-
Wall Street tapped the brakes on its recent record-setting rally Friday with a mixed finish for the major stock indexes, though the S&P 500 still ended the week with its third weekly gain in four.
-
In Marina del Rey, actress Rosario Dawson just sold her three-story home of six years for $2.28 million.
-
Politicians say they’re concerned about misinformation on Twitter and Facebook, but they’re blowing smoke.
-
The 80-year-old former anchor and managing editor of “NBC Nightly News,” who has suffered health problems of late, announced the move in a statement Friday.
-
Six years after spending $47.85 million on Maurice Marciano’s Beverly Hills mansion, casino mogul Steve Wynn is trying to sell it for $110 million.
-
December saw five homes trade hands for $25 million or more, including deals from Elon Musk and Trevor Noah.
More California Business
-
A key committee of the Los Angeles City Council backed a proposal for a developer to erect two high-rise towers at the site of the former Times building in downtown L.A.
-
Last month, the Santa Ana City Council approved a plan to demolish a Northgate Market and erect luxury apartments in its place. It was one of the first controversial decisions by the new council, which added three members and a new mayor in November.
-
Jeff Brain helped lead the 2002 San Fernando Valley secession movement. Now he’s built CloutHub, a refuge for Trump supporters alienated by Twitter.
-
Salam International is in the business of death. For the last 12 months, body bags have made life hectic for the Laguna Hills supplier. COVID-19 has been “good for our business, but it’s not good for the community,” owner Abdul Salam said. “Record earnings, yes, but the emotional toll is more.”
-
L.A. County inspectors have issued 157 citations to businesses and churches for violating COVID-19 protocols since Dec. 1, some multiple times.
-
State lawmakers say they’ve been flooded with desperate calls from constituents who don’t understand why their jobless benefits have been cut off by EDD.
-
The city’s handling of 520 Mateo, a tower being developed by Carmel Partners, is part of the bribery case against former Councilman Jose Huizar.
-
Companies such as Facebook and Twitter have made it easy for conspiracy theorists and insurrectionists to incite violence, and subvert democracy.
-
You should be on track with retirement savings and have a substantial emergency fund before making extra payments on low-interest education or mortgage.
-
A two-state couple with a house is confused where the primary residence is for taxes; getting a home value when a spouse dies; home sales and Medicare.
-
A husband asks when his wife should apply for Social Security to maximize her benefit payments.
-
Here are some immediate financial steps to take after a loved one dies. But don’t try to do everything yourself. Consider hiring an estate planning or probate attorney.
-
A widow delayed filing her late husband’s taxes, missing crucial deadlines for Social Security survivor benefits. Now what? Also: Pick a U.S. trustee, not a foreign one.
