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Workplace management software maker Asana Inc. attained a market value of about $5.5 billion after a direct listing, one of two Wednesday to go public via the initial public offering alternative.

The coronavirus-related closures hurt many small businesses. But before that, Black-owned businesses already faced hurdles in getting financing.

Beneath the fury over George Floyd’s death lie longstanding economic inequities that have plagued California’s 2.6 million black people.

Hollywood has worked to increase diversity in its lowers ranks. But the top writing jobs in film and TV still largely go to white men.

Many industries have taken a severe hit, but the state’s housing market should enjoy a quick recovery, a UCLA forecast predicts.

The majority of U.S. workers who took a pay cut as COVID-19 brought the economy to a halt are still earning less than they were before, a Pew study found.

The historically high figure reflects that the COVID-19 pandemic is still squeezing restaurants, airlines, hotels and many other businesses.

The Southern California median home price rose 12% in August, as people took advantage of rock-bottom interest rates amid the COVID-19 outbreak.

Lakers superstar LeBron James just dropped $36.75 million on the 2.5-acre Beverly Hills compound of late soap opera creator Lee Phillip Bell.

Grammy-winning artist Pharrell Williams just sold his ultramodern mansion on four acres in the Beverly Hills Post Office area for $14 million.

Actor Kevin McKidd of ‘Grey’s Anatomy’ just sold his Sherman Oaks home for $3.195 million, or $20,000 more than his asking price.

Songwriter Scott Spock is asking $3.95 million for his Studio City home/recording studio where artists such as Rihanna, Britney Spears and Shakira have recorded songs.

In Miami, Televisa Studios head Patricio Wills just paid $7 million for an ultra-modern home overlooking Biscayne Bay.

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  • Michael Hiltzik

    Commentary on economics and more from a Pulitzer winner

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    Consumer affairs news and opinion from an award-winning journalist

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