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Meta ordered by New Mexico judge to pay $567 million in landmark child safety case

Vie, 08/07/2026 - 13:50

The new penalty is in addition to the $375 million Meta was ordered to pay in March. The company plans to appeal.

California's instant EV rebates are now available for these three brands

Vie, 08/07/2026 - 12:09

Nearly a year after the expiration of a $7,500 federal tax incentive for new electric vehicles, California is stepping in to try to motivate buyers to go electric.

'Pervert glasses': Backlash against Meta's smart glasses grows

Vie, 08/07/2026 - 05:00

From courtrooms to strip clubs, backlash is building against Meta's smart glasses.

Insurance commissioner candidates split key endorsements

Vie, 08/07/2026 - 05:00

State Sen. Ben Allen, who represents the Pacific Palisades fire zone, won the Democratic Party's endorsement for insurance commissioner over former San Francisco Supervisor Jane Kim, who won the backing of the California Federation of Labor Unions.

TikTok to close Nashville office, lay off 250 employees

Jue, 08/06/2026 - 13:51

TikTok on Wednesday said it is closing its Nashville office, laying off 250 employees.

Hiltzik: The feds are issuing tariff refunds to big companies, but you still shouldn't expect a check

Jue, 08/06/2026 - 05:00

Apple, Amazon and other companies are collecting billions in tariff refunds, but their customers may not see the money.

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

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