Top Headlines
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.
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Much of December’s distress was driven by hotels and restaurants closing, as tourism and business travel failed to revive and dining out was restricted.
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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.
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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.
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Market researcher Euromonitor predicts COVID will define 2021 consumer experiences. But their own report reveals a need for privacy safeguards.
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December saw five homes trade hands for $25 million or more, including deals from Elon Musk and Trevor Noah.
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California start-up Lucid Motors seeks to take advantage of market mania for electric vehicles.
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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.
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Google is threatening to pull its search engine in Australia if the government proceeds with plans to make tech giants pay for news content.
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
Amazon won’t be forced to immediately restore web service to Parler after a federal judge ruled Thursday against a plea to reinstate the fast-growing social media app favored by followers of former President Trump.
The promise of hydroponics, aeroponics and aquaponics have made cultivation of crops in controlled environments a growth industry.
The ex-Google engineer pardoned by Trump had pleaded guilty to stealing trade secrets before joining Uber’s effort to build robotic vehicles.
Parler, the social network popular with the alt-right and conspiracy theorists, reappeared with the help of a Russian-owned web security service.
We’re running out of things to do during quarantine. But Samir Mezrahi knows that Zillow surfing never gets old.
In a letter to President Biden, Amazon offers ‘to leverage our operations, information technology and communications’ to help with COVID vaccines.
The former management consultant is tasked by President Joe Biden to overhaul vaccination program.
A Covid-19 surge at the ports of Los Angeles and Long Beach has sickened hundreds of longshore workers, a disruption that could stymie the flow of goods - including pandemic supplies - through the nation’s largest port complex. Port and local officials are calling for urgent vaccination of dockworkers.
California says complaints about moving companies more than doubled last year as millions of Americans sought new homes because of the pandemic.
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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.
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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.
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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.
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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.
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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.
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Many people are better off paying down their debt on their own rather than taking out another loan.
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Liz Weston, Certified Financial Planner, is a personal finance columnist for the Los Angeles Times and NerdWallet.
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If you’re like most people in Southern California, you live in a rental.
In Hollywood, late-night talk show host Lilly Singh just sold her three-story home for $1.475 million, slightly less than what she paid in 2015.
After four years of Trump, the question is no longer how much damage the government can do. It’s whether the government is living up to its promises.
In Connecticut, fashion mogul Tommy Hilfiger just sold his 13,000-square-foot English Country-style manor on 22 acres for $45 million.
Oscar-winning actor Matt Damon is asking $21 million for his leafy retreat in Pacific Palisades, or $6 million more than he paid in 2012.
Billionaire Herbert Wertheim just dropped $23 million on a 22,500-square-foot mansion in Rancho Santa Fe, which is the community’s priciest deal ever.
Company Town
CNN is the most watched network on Inauguration Day.
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Here’s a look at how the emerging right-wing TV channel covered the transition of power.
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While most studios had put many shows on an extended hiatus until this week, L.A. County Department of Public Health Director Barbara Ferrer has asked for a pause to continue until the end of the month.
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Disney struggled financially during the COVID-19 crisis, but it’s trying to remake the company for the future.
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The veteran political analyst was involved in controversial Arizona election call.
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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.
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‘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
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California start-up Lucid Motors seeks to take advantage of market mania for electric vehicles.
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A Covid-19 surge at the ports of Los Angeles and Long Beach has sickened hundreds of longshore workers, a disruption that could stymie the flow of goods - including pandemic supplies - through the nation’s largest port complex. Port and local officials are calling for urgent vaccination of dockworkers.
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The Standard hotel in West Hollywood on the Sunset Strip is set to close Friday. It said its lease price made the location unsustainable.
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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.
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By updating motor vehicle safety standards, the National Highway Traffic Safety Administration hopes to speed development of automated driving technology that could save lives.
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Elon Musk went on a selling spree just before Christmas, unloading four nearby homes across Bel-Air for a combined $62 million.
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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.
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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
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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.
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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.
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U.S. stock indexes capped a day of choppy trading with a mixed finish Thursday, though solid gains by technology companies helped lift the Standard & Poor’s 500 index and Nasdaq composite to more record highs.
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Instacart Inc. is cutting about 1,900 jobs, including 10 workers who recently formed a union, as it seeks to boost its ranks of contract workers.
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The 60-day moratorium could be the first step toward an eventual goal to ban all leases and permits to drill for oil, gas, coal and minerals on federal land.
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With a flurry of executive orders, Joe Biden shows he’s planning to annihilate all memory of the Trump years.
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Rather than stay on the sidelines, business leaders condemned the attack, withdrawing funds supporting enablers of Trump and his followers.
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The number of Americans seeking unemployment benefits fell slightly last week to 900,000, still a historically high level as job cuts continue.
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An 11th-hour Trump administration proposal foreshadows a tough balancing act for Biden on public lands.
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You should be on track with retirement savings and have a substantial emergency fund before making extra payments on low-interest education or mortgage.
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Eagle Hospitality Trust’s Chapter 11 filing could be the start of a wave of bankruptcies for the industry. The company operates the Queen Mary in Long Beach.
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Wall Street marked the dawn of President Joe Biden’s administration with stocks rallying to record highs as hopes build that new leadership in Washington will mean more support for the struggling U.S. economy.
More California Business
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Jeff Brain helped lead the 2002 San Fernando Valley secession movement. Now he’s built CloutHub, a refuge for Trump supporters alienated by Twitter.
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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.”
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L.A. County inspectors have issued 157 citations to businesses and churches for violating COVID-19 protocols since Dec. 1, some multiple times.
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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.
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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.
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Companies such as Facebook and Twitter have made it easy for conspiracy theorists and insurrectionists to incite violence, and subvert democracy.
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California Gov. Gavin Newsom proposes extending eviction protections and expediting $2.6 billion in federal rental assistance for low-income tenants.
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Grocery and drugstore workers in unincorporated L.A. County would receive an additional $5 an hour if the county Board of Supervisors approves a proposal.
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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.
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A husband asks when his wife should apply for Social Security to maximize her benefit payments.
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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.
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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.
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You don’t have to become an investing expert, but you need to understand enough about how the markets work that you don’t panic at the first downturn.
