Economy

Residents who sued due to putrid Dominguez Channel smell win millions

Two dozen people who sued the owners and tenants of a Carson-based warehouse responsible for a putrid smell emanating from…

Panamanian investigators remove documents from offices of co

PANAMA CITY — Panamanian investigators carried documents Thursday out of offices belonging to a Hong Kong-owned company that operated ports…

How L.A. garage sales launched AI’s latest 20-something billionaire

The man set to become one of the world’s youngest artificial intelligence billionaires started his entrepreneurial journey as a bored…

Yes, there really was a ‘March for Billionaires’ rally in San Francisco

SAN FRANCISCO — As California struggles with homelessness and healthcare cuts, some activists are taking on an unexpected cause: fighting for billionaires.…

Block to cut more than 4,000 jobs amid AI disruption of the workplace

Fintech company Block said Thursday that it’s cutting more than 4,000 workers or nearly half of its workforce as artificial…

Papa John’s to close 300 restaurants as it moves to cut costs and boost growth

Papa John’s plans to shutter 300 of its restaurants by the end of 2027 as the struggling pizza chain moves…

Netflix declines to raise its offer to buy Warner Bros.

NEW YORK — Netflix is declining to raise its offer to buy Warner Bros. Discovery’s studio and streaming business, in…

L.A. Metro to open stops connecting downtown to Beverly Hills, Miracle Mile

Metro has announced it will open three new stations connecting downtown Los Angeles to Beverly Hills in May. The new…

Netflix drops $83 billion bid for Warner Bros. Discovery, paving way for Paramount Skydance deal

Netflix said on Thursday that it will not match Paramount Skydance’s latest bid for Warner Bros. Discovery, clearing the way…

Tampa International Airport says pajamas ban was joke

Tampa International Airport said on social media Thursday that it wanted to ban people from wearing pajamas at the Florida…