'Toy Story 5' boosts Disney's earnings with massive movie ticket and toy sales
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
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
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
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
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
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+
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
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
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
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
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
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
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
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
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
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
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
Anthropic's Claude goes rogue and hacks three organizations while testing
ServiceNow cuts nearly 300 jobs in Silicon Valley
Silicon Valley tech company ServiceNow has laid off almost 300 jobs.
Newsom boasts of California's upcoming minimum wage increase, criticizes Trump for ignoring workers
California's statewide minimum wage is set to rise next year.
