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Major international ad agency moves to El Segundo

Mié, 08/05/2026 - 17:36

Major new tenant in El Segundo

'Toy Story 5' boosts Disney's earnings with massive movie ticket and toy sales

Mié, 08/05/2026 - 05:33

Walt Disney Co. reported a 6% bump in revenue and 21% boost in segment operating income during its fiscal third quarter earnings call on Wednesday.

Utilities threaten action if lawmakers fail to cut their wildfire liability risk

Mié, 08/05/2026 - 05:00

Top executives of California's two biggest utilities warned they would take action to protect their shareholders if Sacramento lawmakers fail to pass legislation limiting their companies' liabilities for wildfires sparked by their equipment

Disneyland's costumed characters make family memories. Disney's contract proposal doesn't have paid parental leave

Mié, 08/05/2026 - 05:00

Disneyland's costumed character and parade workers say Disney's current contract proposal leaves out paid parental leave, cuts a paid holiday and offers no first-year raise.

Port of Long Beach buys downtown office tower as vacancies surge

Mié, 08/05/2026 - 05:00

The Port of Long Beach has invested in a 13-story tower downtown that will be home to shipping and logistics companies and the port's internal training program.

The obscure financial maneuver at issue in Dodgers owner probe explained

Mié, 08/05/2026 - 05:00

Federal authorities are investigating billions in related-party loans made by two insurers owned by Mark Walter reportedly to entities associated with him or his holding company.

Energy company profits are soaring with the Iran war. Here's what California officials want to do

Mié, 08/05/2026 - 05:00

Sky-high earnings for oil companies and California refiners in the second quarter are renewing calls from California legislators to crack down on industry profits.

New Disney partnership with TikTok will bring more vertical videos to Disney+

Mié, 08/05/2026 - 05:00

Walt Disney Co. has announced a partnership with TikTok in which some creators will be able to make Disney-related videos that appear on both the social media platform and Disney+.

L.A. County weighs a grant fund to keep indie films from leaving

Mié, 08/05/2026 - 05:00

Indie filmmakers say California's tax credit skips them. L.A. County's proposed Evergreen Fund would offer grants instead — if it survives the budget.

SpaceX beats Wall Street expectations in first earnings release

Mar, 08/04/2026 - 18:54

SpaceX announced its first earnings since its June IPO, cutting its losses and growing its revenue more than expected.

'Spider-Man: Brand New Day' crosses $1 billion at the global box office in just six days

Mar, 08/04/2026 - 14:19

In just six days, Sony Pictures' "Spider-Man: Brand New Day" has now crossed $1 billion in global box office revenue.

Spotify hits record 300 million premium subscribers

Mar, 08/04/2026 - 12:39

In its latest earnings report, Spotify said it now has 300 million paying subscribers. The Swedish company said it's a 'milestone no audio streaming service has ever reached.'

Hiltzik: Trump administration finds a new way to screw Medicare members — hiking their drug bills

Mar, 08/04/2026 - 05:00

The administration claims Medicare drug premiums have 'stabilized,' so it's going to let health insurers raise the premiums that enrollees pay.

How an L.A. vintage boutique became a billion-dollar company

Mar, 08/04/2026 - 05:00

Reformation IPO turns L.A. sustainable fashion boutique into a one-billion-dollar company

Not married and need car insurance? You can get dinged for that in California

Mar, 08/04/2026 - 05:00

An appeals court has upheld a California regulation allowing insurers to charge unmarried drivers more for auto insurance.

Inland Empire's KCAL-FM cuts entire on-air staff in move to all-music programming

Lun, 08/03/2026 - 15:42

KCAL-FM 96.7, the Inland Empire's classic rock radio station, is losing all of its on-air personalities. Over the weekend, the station switched to an all-music format that includes fewer interruptions and more music.

Contraband fuel: Smuggling gasoline into Mexico earns cartels millions

Lun, 08/03/2026 - 05:00

The scheme, known as huachicol fiscal, is the second-largest source of revenue for cartels, after drug trafficking.

'Spider-Man: Brand New Day' scores second-largest global opening ever

Dom, 08/02/2026 - 12:49

Sony Pictures' "Spider-Man: Brand New Day" brought in $355 million in its domestic debut. It's the second-biggest opening ever in the U.S. and Canada, beat only by 2019's "Avengers: Endgame."

Another bot from a top AI company escapes and hacks multiple firms

Sáb, 08/01/2026 - 05:00

Anthropic's Claude goes rogue and hacks three organizations while testing

ServiceNow cuts nearly 300 jobs in Silicon Valley

Sáb, 08/01/2026 - 05:00

Silicon Valley tech company ServiceNow has laid off almost 300 jobs.

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