SpaceX, Anthropic plan to share wealth with the public amid concern AI could trigger job losses
Elon Musk pledged SpaceX shares to every American child, a day after Anthropic announced plans to allocate 5% of its equity to the public.
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Comcast to cut cable jobs, take $1-billion-plus charge as broadband losses deepen
Comcast plans layoffs in its broadband and wireless business ahead of spinning off NBCUniversal, after losing 144,000 broadband customers last quarter.
Netflix projects lower-than-expected 2026 ad revenue
Netflix releases its third-quarter earnings results after the market closes on Tuesday.
Netflix reports box office numbers for the first time with 'La Bola Negra'
Netflix reported box office figures for the first time this weekend, with its theatrical release of the Spanish-language queer drama "La Bola Negra."
Trader Joe's opens another outlet in Orange County as its California expansion continues
Anaheim Hills gets its first Trader Joe's, with three more California locations on the way as part of the chain's nationwide expansion.
Film and TV shoots in L.A. continue to drop despite state tax credits
L.A. logged 4,171 on-location shoot days last quarter, down 4.8% from a year earlier, but tax-credit projects made up a growing share of TV and film work.
Porto's Bakery to open new location in Southern California
The longstanding Cuban-American bakery is bringing its signature cheese rolls and potato balls to a 50,000 square foot commercial development in Ontario.
SpaceX touts possible Tesla merger after profits soar
After a stellar SpaceX earnings announcement, Chief Executive Elon Musk said the rocket company is considering a merger with Tesla, the electric car company he also helms.
California to receive $6 million in 23andMe data breach settlement
After a 2023 data breach and a bankruptcy and sale process in 2025, genetic testing company 23andMe will pay $6 million to settle allegations it did not protect customers' data.
Pricey cookie vendor pulls out of some SoCal locations
The popular cookie chain Crumbl has closed nearly 60 locations nationwide, including 7 in California.
After decades of false starts, the 1914 Hotel Clark finally reopens in downtown L.A.
Since the 1990s, the Beaux-Arts hotel has been called 'zombie building' because of its idleness. But with the Olympics coming and changes happening downtown, its owner believes now is the time to welcome guests in again.
Hiltzik: A judge just gave us 25 billion reasons why Meta's privacy promises about its Muse AI bot shouldn't be trusted
Meta's promises of privacy and security for users were "lies" and "deception," a New Mexico judge said in issuing a blistering $25-billion penalty
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