Los Angeles Financial News

12.05 / 03:03

JPMorgan Fighting Bill reports Discrimination Courts Investigations JPMorgan and the delicate art of paying off employees

Subscribe to enjoy similar stories.An employee comes forward with embarrassing workplace allegations fraught with legal risks. For company bosses, it presents a thorny dilemma: Fight or pay?It is a situation JPMorgan Chase found itself in weeks before a former banker filed a lawsuit filled with sensational accusations.

20.05 / 10:29

markets UPS Manufacturing Gap Tesla Trade Updates Tesla has abandoned the Model S and Mercedes wants to fill the high-end EV void

Subscribe to enjoy similar stories.It was a good run, but now it’s over. Now, another car company wants to fill the gap.In January, Tesla announced plans to stop production of its high-end Model S and X vehicles, choosing to turn that manufacturing capacity in Fremont, California, into a line dedicated to humanoid robot production. Car production stopped in May.

18.05 / 10:05

markets COST UPS Trade War country Updates The world can’t get enough U.S. energy, keeping prices high for Americans

Subscribe to enjoy similar stories.The world is making a run on U.S. energy, setting American motorists and foreign buyers on a collision course.President Trump and his administration have successfully talked down and taken measures to contain American energy prices. That, combined with the fact that the country has a huge surplus, has prompted overseas buyers to buy huge volumes of U.S.

16.05 / 12:11

markets Booking Man Actor love show rights Is the secret to men’s longevity a great butt?

Subscribe to enjoy similar stories.Daniel Rice is a personal trainer in Los Angeles, a job that gives him a front-row seat to the physique coveted by today’s American man. Rice recalls the washboard abs of the ’90s; the athletic build of the early 2000s; the quest, in the 2010s, for tiny waists and huge biceps.Now “the guys all want thick thighs and a bigger butt,” he says.

07.05 / 12:45

markets UPS Booking trends country beautiful Videos The Most Coveted Cosmetic Enhancement in Asia Right Now: Elf Ears

Subscribe to enjoy similar stories.Jung Da-yun didn’t quite like what she saw in the mirror. Her ears weren’t big enough.She booked a visit to a South Korean clinic offering “elf ear” injections.For about $70, a plastic surgeon injected the ridged cartilage of her ears with a hyaluronic-acid filler that caused her ears to perk up.

29.04 / 11:07

markets COST Software FIFA Celebrity Updates Sporting Six weeks away and USA's biggest World Cup home game is still not sold out

Subscribe to enjoy similar stories.This summer’s World Cup was supposed to be the triumphant return of the planet’s favorite sport to America. But as the U.S. men’s national team prepares to host the tournament for the first time since 1994, its opening game has even hardcore fans feeling left out.The first match, against Paraguay on June 12 in Los Angeles, should have been a sold-out celebration.

23.04 / 12:21

markets Airlines War country travelers Updates Jet fuel is running out in Europe. Why your summer travel plans are at risk.

Subscribe to enjoy similar stories.A jet fuel shortage is leading airlines to cut flights, and could cause a severe slowdown in travel this summer—particularly in Europe.German carrier Lufthansa said this week it is canceling 20,000 flights from now through October, immediately reducing its flight schedule by 120 trips a day. Reductions are happening all over, including at the company’s hubs in Frankfurt, Munich, Zurich, Vienna, Brussels, and Rome.More than a dozen other airlines have also reduced capacity, including discount Norwegian airline Norse Atlantic, which cut flights from Los Angeles. American carriers are not in danger of running out of fuel, but U.S.

27.03 / 07:33

markets UPS Google wellness social Features Courts Social media addiction: Can a judicial verdict make Meta, Google and others change their game?

When it comes to punishments levied against Meta and Google over the years, $6 million for claims that their apps were addictive and caused a mental health crisis might not seem like much. The amount, which a Los Angeles jury on Wednesday ordered to be paid to a 20-year-old woman known as Kaley G.M., is a mere pittance when compared with a $5 billion fine from the Federal Trade Commission for Meta or a $3.5 billion penalty for Google from the European Union.But that would be the wrong way to look at this pivotal moment in big tech accountability.

27.03 / 01:45

markets UPS IPO Tesla SpaceX wellness rights The SpaceX IPO will be just as unconventional as Musk himself

. Also under consideration: unusual lockup times that limit share sales by early investors, preferential treatment for investors in his other companies and allocating an outsize portion of shares to individual investors, people familiar with the matter said.The company is considering hosting events at SpaceX locations including its sprawling complex near the Los Angeles airport and its rocket launch site in Florida’s Cape Canaveral area, people familiar with the matter said.

02.03 / 10:45

markets Digital Platform Highways wellness social innovations Ralph Nader moment for the information highway: We need ‘seat belts’ and ‘air bags’ for digital platform safety

In Indian boardrooms, ‘AI-enabled’ could overtake ‘digital transformation’ in its buzz quotient. If it’s new, app-based and comes with a valuation expressible in unicorns, it must be good, right? Well, India has always had a muscular pro-innovation bias. From UPI to ONDC, from Aadhaar to account aggregators, it has shown the world that technology can leapfrog infrastructure.

22.02 / 09:05

markets Booking Netflix Instagram cover social Updates Manu Joseph: What addiction? Your child’s problem isn’t social media and never was

A few months ago when the editor of Rahul Pandita’s debut novel asked me for a blurb, I wrote that his book was “addictive”. I thought I had found a way to say something meaningful about a book in a blurb, a form of praise that has become meaningless, filled with tired phrases like “tour de force.” But then I realized that I had not been paying attention to book covers. ‘Addictive’ is the new ‘unputownable.’ Apparently, the world believes addiction is a good thing, as long as it is said of a book.

15.02 / 13:17

UPS Citi Inside fun Olympics stars Sporting Faster, higher, stronger—and way more fun. The Olympics are back.

Subscribe to enjoy similar stories. MILAN—For an entire decade, the Olympics couldn’t stop getting it wrong. The Games were held in the middle of autocracies, the middle of pandemics and the middle of nowhere.

04.02 / 03:35

UPS Booking film Caseys Photos Winter Olympics show Olympics Flirty emails and chummy photos show how far Epstein reached into business world

Subscribe to enjoy similar stories. Casey Wasserman was in Italy for the Winter Olympics, scheduled to make a presentation to the International Olympic Committee on the progress of the 2028 Los Angeles Games. Peter Attia, the longevity doctor with cult followers and a bestselling book, was days into a new role as a CBS News contributor.

26.01 / 01:35

FIVE Man Trade Universities Pride stars Schools The man who almost replaced Warren Buffett

Subscribe to enjoy similar stories. In taking over as chief executive of Berkshire Hathaway earlier this month, Greg Abel faced questions about whether he’s ready to step out of Warren Buffett’s shadow. But the transition reminded some investors of another executive—Abel’s former boss—who for years was considered most likely to take the reins at one of the world’s best-known companies.

11.01 / 09:13

UPS Citi ICE President volunteers Schools Videos Inside Minneapolis’s sprawling network of ICE watchers

Subscribe to enjoy similar stories. MINNEAPOLIS—The Trump administration’s immigration-enforcement crackdown in blue cities like Los Angeles and Chicago has sparked a rolling countermovement: Neighbors armed with whistles and cameras observe ICE officers, chant at them to leave, trail their movements and warn people ahead of their arrival.

20.12 / 07:59

Hollywood UPS Entertainment Remark Netflix wellness President The Netflix chief who insists he won’t ruin Hollywood

Mark Shapiro, president of WME Group and TKO Group, parent of Ultimate Fighting Championship and World Wrestling Entertainment. He “is completely comfortable with change and evolution.”“Half the town wants to do business with him, and the other half wants an invite just to hang,” Shapiro said.Those invitations are often to Sarandos’s Southern California homes, which include a residence in the Hancock Park neighborhood of Los Angeles and a mansion in Montecito, near Santa Barbara, that he purchased from Ellen DeGeneres and Portia de Rossi for $34 million.

19.12 / 01:53

markets UPS Art Death President Courts How LA’s richest man went from billions to bust

Subscribe to enjoy similar stories. In the late 1990s, Gary Winnick donated millions of dollars to the Los Angeles Zoo and rubbed elbows with President Bill Clinton. He would soon buy the most expensive home in the country.

17.12 / 16:49

COST Analysis Research hospital Department Colleges Heart attacks, lung conditions jumped after Los Angeles wildfires

Subscribe to enjoy similar stories. The Los Angeles wildfires of nearly a year ago took an unexpectedly heavy toll on residents’ health, a new study found. An unusually large number of people suffered from heart attacks, lung conditions and a perplexing rise in unexplained illnesses, according to an analysis by researchers of emergency-department data at Cedars-Sinai, the largest hospital in Los Angeles County.

16.12 / 16:07

Hollywood Entertainment economy Netflix film shooting Warner Bros show This Hollywood property mogul stands to lose no matter who wins Warner

Subscribe to enjoy similar stories. A drastic slowdown in the streaming business has delivered a major blow to Hackman Capital Partners, the largest independent owner and operator of soundstages. Now, whatever the outcome of Netflix’s and Paramount’s battle for Warner Bros.

14.12 / 14:55

UPS Citizens CEO country Courts Investigations International The Chinese billionaires having dozens of US-born babies via surrogate

Subscribe to enjoy similar stories. Inside a closed Los Angeles courtroom, something wasn’t right. Clerks working for family court Judge Amy Pellman were reviewing routine surrogacy petitions when they spotted an unusual pattern: the same name, again and again.

06.04 / 01:33

UPS Citi Waves security voice social rights ‘Hands Off!’ protests: Over 600,000 rally across US against Trump and Musk policies

Protesters voiced anger over a range of issues: mass layoffs in the federal workforce, abortion restrictions, trade tariffs, and the gutting of public services. From Anchorage to Atlanta, demonstrators held signs warning of rising authoritarianism and falling living standards. “This outrageous administration is causing us to lose our allies across the world, and causing devastation to people here at home,” said Diane Kolifrath, 64, who travelled with 100 others from New Hampshire to protest in Washington. “They’re gutting our government.”

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