Business News - News Of LosAngeles

Crypto Hackster Ilya Lichtenstein Released Early From Prison

Amanda S. Bennett January 3, 2026

At a Glance Ilya Lichtenstein released early from prison after the Bitfinex crypto hack. He credits President Trump's First Step Act for his early...

A US flagged oil rig towers over fields and Lake Maracaibo with a flag above and a presidential car being towed in foreground

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Trump Says U.S. Oil Giants Will Revive Venezuela After Maduro Raid

Ethan R. Coleman January 3, 2026

At a Glance U.S. forces captured Venezuelan President Nicolás Maduro and his wife. Trump says U.S. oil giants will overhaul Venezuela's broken...

Tesla electric vehicles park side by side with a warm glow in a futuristic dealership against a cityscape

Business News Corporate News Tech News

Tesla Loses Top Spot as EV Maker, Musk Steps Down

Daniel J. Whitman January 3, 2026

At a Glance Tesla falls to second place behind BYD as world's best-selling EV maker. 2025 deliveries drop 9% to 1.64 million vehicles. CEO Elon Musk...

Giant smartphone screen lights up streetlamp with Drake streams morphing into crypto symbols and casino backdrop.

Breaking News Business News

Drake Faces RICO Lawsuit Over Fake Streaming Boosts

Marcus L. Bennett January 3, 2026

At a Glance A federal RICO lawsuit accuses Drake of using the online casino Stake.us to inflate music streams. The suit names Adin Ross and George...

Autonomous freight vehicle sits on modular platform with biodegradable stacks and logistics gear beside a neon-lit skyline

Business News Tech News

Startup Battlefield 200: Logistics, Manufacturing, and Materials Winners

Olivia M. Hartwell January 2, 2026

At a Glance TechCrunch lists 200 finalists in logistics, manufacturing, and materials. The list showcases innovations from ride-share analytics to...

Tesla models stand out with dim lights among bright EVs on crowded city street and a looming shadow.

Business News Tech News

Tesla Sales Drop 9% in 2025, BYD Tops Global EV Market

Olivia M. Hartwell January 2, 2026

At a Glance Tesla's global deliveries fell 9% to 1.63 million in 2025. Q4 sales dropped 15.6% to 418,227 units, missing analyst expectations. The...

Business News Tech News

Nvidia Dives Deep into AI Startups, Investing Over $4B in 2025

Ethan R. Coleman January 2, 2026

At a Glance Nvidia invested over $4 B in 67 AI startup deals in 2025. The chipmaker backed companies such as OpenAI, Anthropic, xAI, and Mistral...

CEO standing with rows of computer screens showing crop data and financial analytics in a warehouse lit with warm golden ligh

Business News Tech News

Arya.ag Secures $81M Series D, Targets IPO in 18 Months

Sophia A. Reynolds January 2, 2026

At a Glance $81 million raised in an all-equity Series D led by GEF Capital Partners. ₹340 million after-tax profit, up 39 % this year. NPAs under...

Old safe spills cash into empty bank hall with dim lights and glowing AI screens

Business News Tech News

Europe Banks Face 200,000 Job Cuts as AI Takes Over

Jonathan P. Miller January 2, 2026

At a Glance More than 200,000 European banking jobs could vanish by 2030 as AI and branch closures reshape the sector. The cuts represent roughly...

Smiling person holding orange Retatrutide bottle with warm light in a futuristic healthcare clinic for weight loss

Business News Health News

GLP-1 Drugs Shift in 2026: Oral Pills Approved, New Injection Yields 29% Weight Loss

Jonathan P. Miller January 2, 2026

At a Glance GLP-1 drugs become cheaper and easier to access in 2026. First oral GLP-1 pills approved; injections remain but with new options. New...