BUSINESS

California tax officials blast Blue Shield in audit

In a scathing audit, state tax officials slammed nonprofit health insurer Blue Shield of California for stockpiling "extraordinarily high surpluses" — more than $4 billion — and for failing to offer more affordable coverage or other public benefits.

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L.A. homes under $500,000, under 750 square feet

Although multimillion-dollar mansions and homes built on speculation fuel fantasies and headlines, there are plenty of people in the market for something with a lesser footprint. Here’s a sampling of homes in Los Angeles County built on a smaller scale and priced under $500,000. The two-bedroom...

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