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SpaceX stock returns to Earth after record IPO

Mar, 06/23/2026 - 17:26

SpaceX stock was hovering around $160 a share on Tuesday, returning to its closing IPO price after a run-up that raised shares 40% since the company went public.

Los Angeles tries again to phase out urban oil production

Mar, 06/23/2026 - 17:08

The L.A. City Council attempted to phase out oil production in 2022, but the ordinance was struck down by a judge following legal challenges from the oil and gas industry.

Why tech stocks are getting hammered

Mar, 06/23/2026 - 16:42

Share prices in big AI players such as Nvidia and Micron Technology dropped on Tuesday as investors grow wary about whether massive AI spending will pay off.

The other anti-data center movement: California's sky-high electricity prices

Mar, 06/23/2026 - 05:00

California may have an anti-data center movement, but high energy prices were already blocking development.

Hiltzik: How the coming AI-related IPOs could puncture the AI bubble

Mar, 06/23/2026 - 05:00

AI firms are staging IPOs to collect billions in capital. But where is the money coming from--or going?

Bed Bath & Beyond begins reopening in California with a bonus: Old coupons will be honored

Lun, 06/22/2026 - 15:39

Three years after filing for bankruptcy, Bed Bath & Beyond is beginning its first phase of store reopenings, including two in California. To entice customers, the chain is accepting expired coupons.

Clive Davis, mogul who nurtured musicians from Janis Joplin to Whitney Houston, dies at 94

Lun, 06/22/2026 - 10:59

Music mogul Clive Davis, the celebrated producer and label executive who signed and nurtured genre-defining musicians such as Janis Joplin, Bruce Springsteen and Whitney Houston, has died.

Alan Greenspan, longtime head of the Federal Reserve, dies at 100

Lun, 06/22/2026 - 07:02

Alan Greenspan, the former Federal Reserve Board chairman who presided over a long period of economic stability and prosperity, has died at the age of 100.

This startup wants to bring driverless freight trucks to California's roads, but drivers are pushing back

Dom, 06/21/2026 - 05:00

Founded in 2025, Humble Robotics is building self-driving freight trucks with no steering wheel, driver's seat or gas pedal.

'I got crushed': AI giants are funding ad wars in races across the country

Dom, 06/21/2026 - 05:00

In some races, the AI-backed political groups have spent more than the candidates they are backing.

Tractor-trailer crosses center divider in Irwindale, killing 1 and injuring 30

Sáb, 06/20/2026 - 18:23

A big rig crossed the center divider on the 210 Freeway in Irwindale on Saturday morning, killing one and injuring 30.

L.A. declares state of emergency as Boyle Heights fire continues spewing smoke across region

Sáb, 06/20/2026 - 12:45

Mayor Karen Bass declared a state of emergency after a stubborn warehouse fire at a cold storage facility sent irritating smoke across the region.

Ranch lovers can soon travel with a TSA-friendly kit of the popular American dressing

Vie, 06/19/2026 - 18:08

Ranch dressing is having a viral moment thanks to World Cup fans discovering the American condiment. Kraft is seizing the opportunity with a TSA-compliant travel kit.

Landmark downtown apartment tower faces foreclosure

Vie, 06/19/2026 - 05:00

A landmarked downtown Los Angeles apartment building designed by famed Los Angeles architect John Parkinson is on the market as its owners face foreclosure.

January 2025 wildfire victims seek tougher penalties against State Farm over claims handling

Jue, 06/18/2026 - 16:42

The Every Fire Survivors Network, a group of January 2025 fire victims, has filed a petition to join state regulators seeking to fine State Farm over its claims handling practices.

Uber, California lawyers say deal reached to avert dueling ballot initiative showdown

Jue, 06/18/2026 - 16:35

The state's trial attorneys and Uber say they have reached a last-minute deal to scrap their competing ballot measures over car crash lawsuits and sexual assaults, averting what was gearing up to be one of most expensive battles of the November election.

Ford sues L.A. lemon law firm alleging 'utter fabrications' inflated fees by 7,000%

Jue, 06/18/2026 - 16:10

The car manufacturer is suing a prominent Los Angeles lemon law firm for alleged over-billing, the company's latest attempt to crack down on California attorneys who it says are exploiting the state's law to protect consumers from defective vehicles.

After nearly two decades, this massive New Mexico wind project is now powering California

Jue, 06/18/2026 - 16:01

One of the largest clean energy projects in United States history is now online, delivering electricity from a massive wind farm in New Mexico to Arizona and California.

Hiltzik: A porn firm that a judge called a 'copyright troll' now has Meta in its sights — and it could win

Jue, 06/18/2026 - 05:00

This porn company made millions by shaming the little guys who downloaded its films. But now it's going after Meta for copyright infringement.

Rivian lays off hundreds of workers days after new vehicle deliveries begin

Mié, 06/17/2026 - 14:02

The electric vehicle maker Rivian cut about 2% of its workforce following the first deliveries of the R2 SUV, a key new model with a lower price tag.

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