Los Angeles Financial News

global IT outage for the last few days has turned out to be the biggest technological crisis in history. The outage has also revealed the excessive dependency on a single company, Microsoft, that has now come into question, after banks, airlines, and various other important administrative services took a major hit. Even police authorities were not able to man their 911 lines and operations in various countries in the West due to the IT outage, begging the question why Microsoft has become the epicenter of all administrative activities.

Here’s everything you need to know about catching the finale and the remaining couples vying for love and the grand prize of $100,000.

India has so far won 10 gold medals in its Olympic history. With the 2024 Paris Olympic Games just a few days away, ET Sport looks back at each of those golden moments. 1928 First-ever gold It was in Amsterdam 1928 where India’s three-decade long reign over the world of hockey began. The Indians won their first ever Olympic gold in hockey by beating Holland 6-0. Dhyan Chand scored 14 of India’s 29 goals at Amsterdam. Curiously, Great Britain did not send their hockey team. Just before the Olympics, Great Britain were drubbed 4–0 by India. It gave birth to a rumour that the ‘colonisers’ were afraid of losing to their ‘colony’ on an international stage. This rumour was so wide-spread that Dhyan Chand referred to it in his recollections, “I reiterate that this is mere hearsay (that England dropped out of the Amsterdam Games fearing the Indians), although we fondly hoped that at least in future Olympics we would have the honour of meeting Great Britain and showing them how good or bad we were. It is my regret that this hope was never realized so long as I participated in Olympic events.”

Bob Newhart, one of the first comedians to star in a TV sitcom based on his stand-up persona, died at his home in Los Angeles at age 94. His publicist, Jerry Digney, confirmed his death. The stammering Midwesterner, known for his self-deprecating manner and starchy wit, had a gift for making audiences think he was always just playing himself, and at times that was almost true.

The average rate on a 30-year mortgage dropped this week to a four-month low, a welcome decline in borrowing costs for prospective homebuyers grappling with the challenge of record-high home prices and a dearth of properties on the market

A major internet outage affecting Microsoft is disrupting flights, banks, media outlets and companies across the world

U.S. Transportation Secretary Pete Buttigieg and other officials paid a visit to the port of Long Beach to break ground on a $1.5 billion railyard expansion project that will more than triple the dock’s rail cargo capacity

COVID-19 is set to return this summer in a big way and it's now ready to wreak havoc once again. The Centers for Disease Control and Prevention (CDC) has warned that the wastewater viral activity levels for Coronavirus are «very high» in California, Oregon, Nevada, Texas, Arkansas, Florida, and Maryland, reports MSN. It is a matter of grave concern that the CDC in its last report of July 9 too highlighted the condition of these seven states along with 45 states where COVID-19 infections are «growing or likely growing.» The agency also said that there is no state with «declining or likely declining» cases of COVID.

As image-generating AI continues to evolve, artists are increasingly fighting against what they see as an existential threat to their craft

Sales of U.S. homes to foreign nationals have fallen to the lowest level in more than a decade, hampered by a strong dollar and many of the hurdles that have kept the housing market in a deep sales slump for over two years

Angel City FC says Walt Disney Company CEO Bob Iger and Southern California dean for communication and journalism Willow Bay will be the new controlling owners of the National Women’s Soccer League team

'Shogun' surprised everyone when it received as many as 25 nominations, including acting nods for Hiroyuki Sanada and Anna Sawai. With 23 nominations, 'The Bear' followed it. It stars Jeremy Allen White, Ayo Edebiri, Ebon Moss-Bachrach, Lionel Boyce and Liza Colón-Zayas and all of them have received acting nods. Other series in the top list are 'Only Murders in the Building' (21), 'True Detective: Night Country' (19) and 'The Crown' (18). The nominations for the 2024 Emmys Awards were announced Wednesday morning. It is important to note that Hollywood witnessed strikes by SAG-AFTRA and WGA in 2023.

Richard Simmons sadly died following a fall at his Los Angeles home. His housekeeper had offered to call for emergency medical assistance, but the morning after his fall, he was discovered to be unconscious. Determined to enjoy his 76th birthday at home, Simmons resisted getting help when he felt lightheaded and fell in his bathroom. He decided to take it easy until the following day instead, as per the reports of 'Yahoo Entertainment'. Simmons was found unconscious in bed the next morning by his housekeeping. When the authorities arrived, they declared him dead on the spot. There were no indications of foul play, and first reports said the fall had not left any obvious wounds. The precise reason for his lightheadedness and eventual demise is still unknown pending additional examination and toxicology reports from his autopsy.

dinosaur has been mounted for display at Los Angeles' Natural History Museum. The newly found species is older than Tyrannosaurus rex, as per a Fox News report. The species is known as "Gnatalie" and it lived 150 million years ago in the late Jurassic Era. The dinosaur's fossils, remarkable for their distinct and vibrant hues, owe their unique coloration to the presence of the mineral celadonite. During the fossilization process, this mineral infiltrated the bones, replacing the original organic material and imparting its characteristic greenish tint.

Home Run Derby 2024, one of the most thrilling events in the sport. The annual showcase of power hitting will take place at Globe Life Field in Arlington, Texas, the home of the Texas Rangers. This year’s competition promises to be an exciting showdown featuring some of the game's top sluggers.

Doherty's illness was publicly revealed in a lawsuit filed in 2015. She later shared intimate details of her treatment following a single mastectomy. In December 2016, she posted a photo of her first day of radiation, calling the treatment 'frightening' for her. In February 2020, Doherty revealed that the cancer had returned and she was at stage four. She said she came forward because her health conditions could come out in court. The actor had sued insurance giant State Farm after her California home was damaged in a fire in 2018.

Richard Simmons, television’s hyperactive court jester of physical fitness who built a mini-empire in his trademark tank tops and short shorts by urging the overweight to exercise and eat better, died Saturday. He was 76.

LEGO Ideas is currently on a roll, with some amazing toy set reveals across 2024. and the upcoming new one has also been revealed, which is the LEGO Ideas Jaws set, a creation by Johnny Campbell. According to reports, LEGO Ideas has released a trailer of the upcoming Jaws set that shows the dangerous shark prowling under the ocean.

Shohei Ohtani remained the top-selling jersey during the first half of the season, followed by Bryce Harper and Aaron Judge

Vijay Sethupathi's milestone 50th film, 'Maharaja', directed by Nithilan Swaminathan, is gearing up for an OTT release on July 12. Following its release in theaters on June 14, the film has garnered widespread acclaim during its theatrical run and will be available in multiple languages on Netflix. Set in the backdrop of an emotional thriller, 'Maharaja' centers around the enigmatic question: Who is Lakshmi? Vijay Sethupathi delivers a stellar performance in this pivotal role, supported by a talented cast including Natty as a cop, and Anurag Kashyap, Abhirami, Bharathiraja, Munishkanth, and Manikandan in crucial roles. Ajaneesh Loknath's music complements the narrative, while Dinesh Purushothaman's cinematography and Philomin Raj's editing add depth to the storytelling.

Julia Roberts, in an interview with 'British Vogue' in January, said that she is still attractive at the age of 56. When asked about her young appearance, the Oscar winner joked that it was due to her loving spouse, Danny Moder, strong genes, and a full life. She showed her sincere satisfaction and her faith in his kindness and affection. Their 22-year marriage, however, is facing serious difficulties. Danny and Julia are at a crossroads even though they celebrated their anniversary on July 4.