Los Angeles Financial News

13.06 / 23:27

COST UPS Fighting Diablo Department California legislators break with Gov. Newsom over loan to keep state's last nuclear plant running

The California Legislature is signaling that it could cancel a $400 million loan payment to help finance a longer lifespan for the state’s last nuclear power plant

13.06 / 18:17

markets COST economy Sustainability show reports Mortgage rates ease for 2nd straight week; average rate on 30-year home loan at 6.95%

Mortgage rates eased again this week, though the latest pullback leaves the average rate on a 30-year home loan at close to 7%, where it’s been much of this year

13.06 / 07:29

UPS Twitter Action SpaceX reports International Former SpaceX employees sue Elon Musk, alleging wrongful termination over workplace concerns

Elon Musk's SpaceX sued the company and Musk on Wednesday, alleging they were «wrongfully fired» for raising concerns about "sexual harassment" and "discrimination" in the workplace, reported the New York Times. The employees were terminated in 2022 after circulating an open letter urging SpaceX executives to condemn Musk's comments on Twitter, later renamed X, which they deemed «a frequent source of distraction and embarrassment.»

13.06 / 02:37

Action SpaceX Justice trumpeter reports Discrimination Courts Fired SpaceX workers sue Elon Musk for sexist ‘Dark Ages’ culture: ‘Runs company as…’

Elon Musk of fostering a sexist "Dark Ages" culture at the company, according to an AFP report. The civil complaint, lodged in a Los Angeles court, claims the workers were terminated after they published an open letter expressing their concerns and urging SpaceX's board to distance itself from Musk.“Elon Musk trumpets SpaceX as the leader to a brave new world of space travel," the court filing states.

12.06 / 22:37

Provident awards Death Basketball Olympics stars Sporting Jerry West cause of death: What we know about Basketball legend who inspired NBA logo

12.06 / 14:07

SUN Platform Netflix film Actor show reports Sweet Home season 3 release date on Netflix: When to watch Korean thriller on OTT?

10.06 / 15:42

Hollywood Sony film Oscar rock stars testing 'Bad Boys: Ride or Die' boosts Will Smith's comeback, box office with $56M opening

“Bad Boys: Ride or Die” opened with an estimated $56 million in theater sales over the weekend

10.06 / 15:40

COST Citi awards Winter Olympics stage reports Salt Lake City Olympic bid projects $4 billion in total costs to stage 2034 Winter Games

Organizers for the proposed 2034 Winter Olympics in Salt Lake City released their first budget estimate, projecting total costs of just under $4 billion, with $2.84 billion slated for operational costs

10.06 / 12:17

markets COST Metro show performer Homeowners with a mortgage gained average $28K over 12 months

Price appreciation for millions of U.S. homeowners may have slowed, according to recent stats, but the average owner with a mortgage has added a healthy $28,000 to their equity year-over-year in Q1.

09.06 / 13:53

markets Citi Experts Celebrity show pop Buying a house of ‘Home Alone’ or John Lennon fame? There's a premium for that

An array of iconic homes are for sale — and buyers will almost certainly pay extra for that pedigree.

07.06 / 16:31

Racing Election track audience classical reports Features Bel-Air Season 3 trailer revealed, Will Smith seen in Fast and Furious style | What to expect

Bel-Air Season 3 trailer offers fans a glimpse into the reimagined drama series set to return to Peacock this summer. Premiering with three episodes on August 15th, the season promises to captivate audiences with its modern take on the beloved classic, The Fresh Prince of Bel-Air.

07.06 / 11:42

markets UPS Waves FIVE Metro Apartment stocks topping most other REITs sectors as tough housing market spurs demand for rentals

Stocks in companies that own apartment buildings are holding up better than most other real estate investment trusts, as a tough U.S. housing market keeps demand for rental housing healthy and tenant turnover low

07.06 / 11:42

UPS Fox CBS show Courts rights Sporting Class-action lawsuit against NFL by 'Sunday Ticket' subscribers gets underway

A class-action lawsuit filed by “Sunday Ticket” subscribers claiming the NFL broke antitrust laws began in federal court Thursday with opening statements

07.06 / 11:41

Art President Celebrity country musician Black Music Month has evolved since the 1970s. Here's what you need to know

Every June since the 1970s, across the United States, musicians, fans and industry professionals celebrate Black Music Month

07.06 / 11:41

markets COST Target economy Sustainability show Little relief: Mortgage rates ease, pulling the average rate on a 30-year home loan to just below 7%

The average rate on a 30-year mortgage dipped to just below 7% this week, little relief for prospective homebuyers already facing the challenges of rising housing prices and a relatively limited inventory of homes on the market

06.06 / 20:47

markets UPS Entertainment Schools Destinations He won jackpot of $2.9 million, yet to claim prize money. What will happen to this money?

Mega Millions ticket from a local gas station did not turn up to claim the prize even though the deadline is very near.

05.06 / 21:21

Man Entertainment Winter Olympics pop rights Sporting athletics Inside NBC's Olympics bet on pop culture in Paris, with help from Snoop Dogg and Cardi B

NBC has partnered with several entertainers and non-Olympic athletes like Megan Thee Stallion, Dolly Parton and Peyton Manning to promote the Paris Games this summer

05.06 / 15:51

markets Celebrity show stars Videos Diddy’s empire is crumbling. The warning signs were there all along.

In early November, Sean Combs blew out candles around a bright red cake to mark turning 54 at a party in London that doubled as a celebration of his new album, “The Love Album: Off the Grid." Months later, the party is over. Since mid-November, Combs has been named in lawsuits alleging physical violence, rape, forced druggings and sexual harassment from seven women and a man. In March, his houses in Los Angeles and Miami were raided by Department of Homeland Security officers as part of a sex-trafficking investigation.

05.06 / 02:35

CEO Entertainment show performer rapper 2020 Features stake Diddy sells off his stake in Revolt, the media company he founded in 2013

Sean “Diddy” Combs has sold off his stake in Revolt, the media company the rapper and entrepreneur founded over a decade ago

04.06 / 21:31

Platform Election President Hawkins show performer Sporting 'Clipped' explores behind-the-scenes controversy surrounding Los Angeles Clippers

Los Angeles Clippers. This notorious past involving one of basketball’s well-known controversies will come to light in a new documentary named ‘Clipped’ which is streaming on OTT Platform Hulu. The documentary will show the team’s owner Donald Sterling, played by Ed O’Neil who fell out of grace for promoting a toxic workplace culture, racism and more. It not only shows the toxic behavior of the owner but also the effects it had on the players, the team management and other staff. It affected their morale and this in turn affected their performance.

03.06 / 02:55

Fox CEO Actor track Updates Relationships yachting Media titan 93-year old Rupert Murdoch marries Elena Zhukova in Los Angeles

Rupert Murdoch, 93, tied the knot for the fifth time on Saturday, marrying Elena Zhukova, 67, at his vineyard estate in Bel Air, Los Angeles. The ceremony was held outdoors under clear skies, with Zhukova wearing a white off-the-shoulder dress designed by Emilia Wickstead, and Murdoch in a dark suit paired with sneakers. The event saw notable guests such as Robert K Kraft, owner of the New England Patriots, and Robert Thomson, CEO of News Corp.

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