Botox maker Allergan Inc. said Monday that it will cut 1,500 employees, most of them in Southern California, in a cost-cutting effort the Irvine company hopes will help it fight off a hostile takeover bid by a Canadian rival.
Salaries for recent college graduates have risen at less than half the pace for all U.S. workers since the recession, an analysis by the Federal Reserve Bank of San Francisco found.
President Obama and his wife, Michelle, could be the owners of a home in Rancho Mirage listed at $4.25 million before the month is out.
Wall Street ignores longtime critic's latest salvo against L.A. supplements maker.
“Dallas” star Jesse Metcalfe and his fiancee, actress Cara Santana, have bought a home in Hollywood Hills West that was listed for sale at $1.599 million. The 1925 Spanish-style house has been restored and features a courtyard with a fountain. There are five bedrooms, 4.5 bathrooms and 2,362 square feet of living space in two stories. Metcalfe, 34, plays Christopher Ewing in the remake of the TV series "Dallas," which began last year. He played teen gardener John Rowland on "Desperate Housewives" from 2004 to 2009 and starred in the films "John Tucker Must Die" (2006) and "Beyond a Reasonable Doubt" (2009). More recently, Metcalfe...