Top Headlines
Hedge fund Alden, Tribune’s largest shareholder, has offered to buy the rest of the newspaper publisher at a price that values it at $520.6 million.
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Laws taking effect in 2021 will make California businesses offer employees more help to cope with the COVID-19 pandemic. Other topics include gig workers, minimum wage, and diversity on corporate boards.
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As the pandemic put 22 million Americans out of work, equity prices rose by $5 trillion, thanks to tech gains
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Grubhub, alongside other gig worker platforms, has introduced changes to help pay for driver benefits required by Prop 22. Drivers say one of those policy shifts discourages tipping on the app and is sapping their earnings.
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Businesses raised almost $300 billion through initial public offerings globally in 2020, including a record $159 billion in the U.S., according to data provider Refinitiv.
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Federal officials say they will allow operators to fly small drones over people and at night, potentially giving a boost to commercial use of the machines.
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Jeff Bezos, David Geffen and Jeffrey Katzenberg all fueled Southern California’s luxury market to a historic year that saw multiple sales of over $100 million.
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Elon Musk went on a selling spree just before Christmas, unloading three adjacent homes on a Bel-Air cul-de-sac for a combined $40.9 million.
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Stocks eked out modest gains Wednesday, keeping the major stock indexes on Wall Street at or near record highs.
Small businesses
The lucky among California’s small businesses have cobbled together loans and grants to get through the pandemic so far. But that money has dried up, and “you can only take on so much debt.”
How four small businesses have survived in the COVID age.
More Coverage
Many small businesses in Southern California are in jeopardy of closing permanently. Three owners explain how they made the hard choice to close.
From a seamstress who’s making masks to a restaurateur-turned-personal chef, these Californians are rethinking how they can earn money in the coronavirus economy.
With scientists warning that singing can spread the coronavirus, choirs have fallen silent. Singing over Zoom falls flat, but one inventive baritone has found a way to let many harmonize together.
Disney built Galaxy’s Edge as a living theme park land in which guests can role play. That vision is fully realized in an Oculus VR experience we can do at home.
Once hailed as the standard-bearers of China’s economic and technological ascendancy, Alibaba and its compatriots now face increasing pressure from that nation’s regulators.
The FCC is low on time to adopt an order trimming a liability shield for social media companies, leaving the fate of a request from President Trump in doubt.
The new coronavirus economic stimulus package includes direct payments to many Americans. How much can I expect to get and when?
The House voted Monday to increase COVID-19 relief checks to $2,000, meeting President Trump’s demand for bigger payments and sending the bill to the GOP-controlled Senate, where the outcome is uncertain.
Collecting personal data from vaccine recipients can help determine efficacy and safety. But it’s raising privacy worries among those who help immigrant communities.
More Coverage
Why can’t more doses of COVID-19 vaccine be available right this minute? Here’s a look at the production, distribution and storage issues.
Jane and Raymond Wurwand commit $1 million in grants to support small businesses in Los Angeles County struggling to survive COVID-19.
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Can you get fired if you don’t return to the office because of coronavirus concerns? Yes — but with a lot of caveats. Here are some strategies and legal protections.
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Affordable housing, such as Section 8 and public housing, is available, but it often requires navigating applications and government agencies. Here’s what you need to know.
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Many homeowners who delay mortgage payments through forbearance plans will be allowed to make missed payments when the home is sold or the loan term is over.
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Job seeking in an uncertain economy is difficult enough. Throw in fears of contracting the coronavirus, home quarantines and hiring freezes, and the hunt becomes harder.
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If you’re having second thoughts about a dorm room or off-campus apartment you signed up for, you may have options. Here are ways to potentially get out of your lease or cancel your contract.
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Many people are better off paying down their debt on their own rather than taking out another loan.
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Liz Weston, Certified Financial Planner, is a personal finance columnist for the Los Angeles Times and NerdWallet.
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If you’re like most people in Southern California, you live in a rental.
The $186-million sale to Russell Geyser and LPC West shows entertainment industry strength during the pandemic and a bet that open spaces will be popular post-COVID.
Windsurfing icon Robby Naish is offering up his slice of paradise in Hawaii, asking $18 million for his 73-acre compound overlooking the ocean.
In Arizona, baseball’s Mark Ellis just sold a 10,000-square-foot mansion complete with a batting cage, rock-climbing wall and sports court.
In Venice, ‘Game of Thrones’ star Emilia Clarke just sold her leafy, architectural retreat of four years for $4.4 million.
As she tries to sell her house in Sherman Oaks, singer-actress Raven-Symoné just shelled out $940,000 for a remodeled town house in East Hollywood.
Company Town
Amazon Music said Wednesday that it plans to acquire West Hollywood podcast production company Wondery.
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WME remains the only major talent agency to be barred from working with WGA writers in a dispute over conflicts of interest.
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The surge in COVID-19 cases has put immense pressure on L.A. County hospitals, as some have turned ambulances away and are running low on oxygen supplies.
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The year’s most captivating portraits. In a time of pandemic disruption, these creators made culture meaningful.
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Warner Bros. announced that it would fast-track development of ‘Wonder Woman 3' after the newly released ‘Wonder Woman 1984' did better than expected at the box office.
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In 2020, The Times covered COVID-19’s effects on people across California — small-business owners, Instacart drivers, Disneyland employees and more. Here’s some of our best work.
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NBA star Blake Griffin, NFL receiver Randall Cobb and ‘Arrested Development’ writer-producer Jim Brandon make this week’s real estate headlines.
Most Read
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The new coronavirus economic stimulus package includes direct payments to many Americans. How much can I expect to get and when?
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Laws taking effect in 2021 will make California businesses offer employees more help to cope with the COVID-19 pandemic. Other topics include gig workers, minimum wage, and diversity on corporate boards.
-
Grubhub, alongside other gig worker platforms, has introduced changes to help pay for driver benefits required by Prop 22. Drivers say one of those policy shifts discourages tipping on the app and is sapping their earnings.
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Windsurfing icon Robby Naish is offering up his slice of paradise in Hawaii, asking $18 million for his 73-acre compound overlooking the ocean.
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Subaru gifts Tina Fey white “medical sneakers” to go with her new Subaru Forester, which she likened to the shoes on “The Tonight Show” last week.
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The Tesla chief executive’s revelation of a sale attempt follows reports about Apple planning to market a driverless car four years from now.
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Tesla’s inclusion in the S&P 500 prompted a rush of last-minute buying of its shares by institutional investors, but the automaker’s stock lost value Monday.
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The completely redesigned Ford F-150 is now an office, workshop and entertainment center, powered by a hybrid engine that may win over aficionados.
More Business News
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Lake Mead is just 39% full as critical negotiations between California and other Western states get underway.
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President Trump has screwed up the vaccine distribution -- just like everything else.
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Stocks closed modestly lower on Wall Street on Tuesday as investors turned cautious a day after major indexes closed at their latest record highs.
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Unemployed people claiming federal benefits won’t see a one-week gap in their payments, despite the delay in President Donald Trump signing the program extension into law, according to the Department of Labor.
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We would like to learn more about the struggles tenants are facing during the pandemic. Share your experience using this survey.
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Boeing Co.’s 737 Max has returned to commercial service in the U.S., with the first flight since two deadly crashes prompted the grounding.
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Here are some immediate financial steps to take after a loved one dies. But don’t try to do everything yourself. Consider hiring an estate planning or probate attorney.
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Among all the loathsome recipients of Trump pardons or commutations, healthcare fraudster Philip Esformes stands out.
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The legendary designer put his name not just on ready-to-wear clothes but also on sunglasses, luggage, carpets and kitchen appliances.
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Stocks began the final week of 2020 with more gains Monday on the heels of Trump signing the coronavirus stimulus, nudging major U.S. indexes to record highs.
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Take a look at the priciest and cheapest homes in Hidden Hills: an amenity-loaded estate for $27.5 million and an updated ranch for $3.275 million.
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In the hills of Los Feliz, actor Zac Efron is asking $5.9 million for his scenic home of seven years.
More California Business
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COVID-safe deliveries from third-floor window are drawing crowds to 6-month-old Izola Bakery.
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Column One: ‘This mall has been devastated.’ A lean Christmas, empty stores and an unsettling future
Column One: ‘This mall has been devastated.’ A lean Christmas, empty stores and an unsettling future
The pending sale of the Baldwin Hills Crenshaw Plaza has left mall tenants wondering what new ownership will mean. But first, they have to make it through the pandemic.
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Faced with what officials describe as the largest fraud scheme against taxpayers in state history, the state Employment Development Department is scrambling to fix past mistakes as prosecutors, government auditors and legislators say their early warnings about vulnerabilities in the unemployment benefit system went unheeded.
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The Long Beach City Council voted unanimously Tuesday to draft an urgent ordinance mandating an extra $4 per hour for grocery store workers for at least the next 120 days. Other cities are considering similar measures.
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San Francisco supervisors overwhelmingly approved a resolution to condemn the naming of the city’s public hospital for Facebook co-founder Mark Zuckerberg and his wife, Dr. Priscilla Chan.
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The California attorney general’s office issued subpoenas in August as part of an investigation into Amazon’s protocols for protecting employees from COVID-19.
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COVID-19 restrictions are closing many L.A. restaurants. Bone Kettle, a small family-run restaurant, refuses to go down without a fight.
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Over the past four years, the dialysis industry has spent $233 million to influence California politics, both to stop union-backed ballot measures and curry favor with key lawmakers.
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A widow delayed filing her late husband’s taxes, missing crucial deadlines for Social Security survivor benefits. Now what? Also: Pick a U.S. trustee, not a foreign one.
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You don’t have to become an investing expert, but you need to understand enough about how the markets work that you don’t panic at the first downturn.
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Credit-builder loans and secured credit cards are two options for improving credit scores.
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You can’t know how other households conduct their financial affairs, so keep focusing on your own situation and how you can make it better.
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State-sponsored 529 college savings plans are still a great way for many families to save for future college costs. Also, more advice on unloading your collections.
