Los Angeles Financial News

Pax Jolie-Pitt, the son of Angelina Jolie and Brad Pitt, has been discharged from the intensive care unit (ICU) after an e-bike accident. Pax, 20, was taken to the hospital following the July 29 collision on Los Feliz Boulevard in Los Angeles. Around five o'clock in the evening, he apparently struck the back of a car in heavy traffic. Reports state that Pax suffered hip pain in addition to a head injury. A possibly little brain bleed was one of the initial worries, as per the reports of Yahoo entertainment. Pax is already starting his recuperation after being discharged from the intensive care unit, a source told People. Physical treatment will be required, and he has a «long road of recovery» ahead. Pax and his mother, Angelina Jolie, are reportedly extremely grateful for the first responders' quick action and the excellent medical attention Pax received, according to the source. Through this difficult period, Pax's siblings have been there for him on a regular basis, offering support, and Jolie has been by his side the entire time he has been in the hospital.

Olympic medal podium is no longer a given for U.S. swimmers. Nine days of thrilling competition at La Defense Arena wrapped up Sunday night with the Americans barely pulling out the lead in the gold medal standings thanks to a victory in the final race. The U.S. finished with just eight golds, its fewest since the 1988 Seoul Games and one ahead of its biggest rival, Australia.

World Cup medal winning archer Deepika Kumari has vowed not to quit unless she ends up on podium which she feels could be Los Angeles in four years' time.For Deepika, it has always been a case of not being able to display enough temperament in pressure situation at the grandest stage. «Obviously, I want to play more in the future and will continue my game,» Deepika told PTI in an exclusive interaction at the India House here. «I really want to win an Olympic medal, and I won't quit until I achieve that. I'll train harder and come back strongly,» added Deepika, who has won every international medal except for an Olympic yellow metal.

Yusuf Dikec, a Turkish shooter, has become a social media sensation thanks to his relaxed demeanor at the shooting range during the Paris Olympics. Dikec, a former officer in the Turkish Gendarmerie, a branch of Turkish Ministry of Interior responsible for the maintenance of the public order in areas that fall outside the jurisdiction of police forces, teamed up with Sevval Ilayda Tarhan to secure a silver medal in the mixed team 10-meter air pistol event. His unorthodox style, including casual attire and a hand casually tucked into his pocket, has caught the attention of many online. Dikec's teammate, Sevval Ilayda Tarhan, has defended his casual style, noting that Dikec’s choice of regular glasses and minimal gear is a personal preference that works for him. She also expressed pride in his newfound fame and confirmed that the team is aiming for gold at the next Olympics in Los Angeles. «But at the same time, he's very warm to people close to him,» she said. «You can crack jokes with him, share anything with him.»

shooting contingent's biggest-ever medal haul at the Olympics here, after drawing a blank in the previous two editions in Rio de Janeiro and Tokyo, definitely calls for celebration but the fraternity is treading cautiously with an eye already on the 2028 Los Angeles Games. All of India's medal at the Paris Olympics have come via shooting thus far and there is a slight possibility of increasing the medal count to four by the time the competition ends on Monday. The squad has also overcome the mental barrier that prevented Manu Bhaker and Co from excelling on the biggest stage. The highlight of the campaign has been Manu's two medals, the second one shared with Sarabjot Singh in the 10m pistol mixed team.

An airline passenger who tried to make a shank from plastic cutlery and open the cockpit door during a flight has been sentenced to 19 months in prison

A federal judge overturned a jury’s $4.7 billion verdict in the class-action lawsuit filed by “Sunday Ticket” subscribers against the NFL and granted judgment to the NFL

Suits: L.A." moves its production from Vancouver to Los Angeles, marking the beginning of its filming. The legal drama, featuring Stephen Amell, will now be produced in L.A., a Variety report said.

On the other side of the Atlantic from Wall Street, a market more wholesome than cutthroat has sprung up at the Paris Olympics

Summer Olympics in Paris, Nicole Kidman and Tom Cruise came into close contact, only a few weeks after Kidman made an unusual public statement regarding her collaboration with her former spouse. The actress from Big Little Lies went to the Olympics with her two daughters, Faith Margaret and Sunday Rose, and her current spouse, Keith Urban. Kidman celebrated the Women's Gymnastics team final, when Team USA won the gold medal, with her family on July 30, 2024, as per the reports of Yahoo entertainment. Tom Cruise was present at the Olympic Games as well; on July 28, 2024, he went to the women's gymnastics qualifiers. He was seen yelling encouragement for gymnast Simone Biles. Given their recent history, their presence at the Games coincided closely, suggesting a tight avoidance.

With several months to go before the election, there is ample time for the markets to swing one way or the other.

Venezuelan trap shooter Leonel Martinez, age is just a number. He is back at the Olympics after 40 long years and is not ready to walk into the sunset just yet. Martinez finished 28th in men's trap competition of the Paris Games, missing only nine of his 125 shots. It was his second Games appearance after the Los Angeles Olympics back in 1984. The next edition of the mega event will be staged in Los Angeles and Martinez says it is only fitting he finishes from where he started four decades ago. «I have a light inside guiding me towards Los Angeles 2028. That is the future for me. The work for that starts right now. I will be working with my body and with my mind. This sport is 90 per cent mental,» said Martinez, who is not a firm believer in sports science.

Venu Sports — the sports streaming platform planned by ESPN, Fox and Warner Bros

Hollywood’s video game performers are picketing at the Warner Bros

The average rate on a 30-year mortgage fell this week to its lowest level since early February, easing borrowing costs for prospective homebuyers facing record-high home prices

The judge who presided in the class-action lawsuit filed by “Sunday Ticket” subscribers against the NFL said the jury did not follow his instructions in determining damages

A California entrepreneur sought to merge the bitcoin culture with celebrities.

Pax Jolie-Pitt, the son of Brad Pitt and Angelina Jolie, was hospitalized following a bike accident, putting him in an emergency. The 20-year-old Pax got hurt in an accident on July 29 while commuting around Los Angeles on his electric bike. Pax allegedly collided with an automobile that had stopped at a red light on Los Feliz Boulevard at approximately five o'clock in the evening, as per the reports of Daily Star.

Home prices reached a new record in May amid an ongoing housing shortage, even as high mortgage rates continued to push affordability out of reach for millions of Americans.

Most Comcast subscribers will be able to watch their favorite sports teams again after it reached an agreement with their distributor

Famed short-seller Andrew Left pleaded not guilty to US charges that he committed fraud, setting the stage for a high-profile legal battle over his strategies.