Business News - News Of LosAngeles

Young couple pouring coffee with French press and Aldi groceries on table in warm kitchen

Couples Earn $100k+ Cut Back, Switch to Aldi as Inflation Hits

Amanda S. Bennett December 28, 2025

At a Glance Newlyweds with $100k+ income still feel stretched. They've shifted to Aldi and cut eating out to save. Rising food, housing, and energy...

Abandoned bullet train tracks stretch across a dry landscape with a sleek governor car standing near the sunlit hills

Business News Political News

California Drops Lawsuit Over $4B High-Speed Rail Cut, Eyes Private Funding

Sophia A. Reynolds December 28, 2025

At a Glance California drops lawsuit over $4B federal cut to high-speed rail. Project aims to connect San Francisco to Los Angeles but faces funding...

Aged Andrew Ng sits at a cluttered desk with books while staring at a warm golden-lit screen showing a cryptic algorithm

Business News Tech News

Andrew Ng: AI Is Powerful but Limited, Calls for Transparency

Daniel J. Whitman December 28, 2025

At a Glance Andrew Ng says AI is powerful yet limited. He warns that the surge in generative-AI funding could be a bubble. Calls for transparency...

Semi-truck driving down a dim highway at night with a massive lobster load on pallets and a phone showing Costco delivery con

Breaking News Business News

Lobster Heist: $400K Shipment Stolen on Way to Costco

Marcus L. Bennett December 28, 2025

At a Glance $400,000 in lobster stolen en route to Costco stores Theft involved a driver impersonating a legitimate carrier Pattern of spoofed...

Shoppers compare designer labels with colorful winter sweaters at a thrift store and string lights on wet pavement.

Business News Consumer News

Holiday Spending Shifts to Thrift Stores, Returns Drop as Shoppers Go List-Focused

Amanda S. Bennett December 28, 2025

The frantic holiday shopping sprint that ends each December has already slowed, giving way to a quieter post‑Christmas run for deals and returns. Yet...

Protester staring at loud machines with scuffed boots reflecting metal and blue sky above Home Depot storefront behind.

Business News Consumer News Local News

Home Depot’s Noise Machines in Cypress Park Spark Protests from Day Laborers

Daniel J. Whitman December 28, 2025

Home Depot’s noise machines in Cypress Park spark protests from day laborers, who say the high‑pitched tones cause headaches and keep them from...

Infant formula bottles with recall stickers are displayed next to a shopping cart filled with baby essentials

Business News Health News

FDA Warns Major Retailers After ByHeart Formula Recall Linked to 51 Botulism Cases

Sophia A. Reynolds December 27, 2025

The FDA has sent warning letters to four major grocery chains after a multi‑state recall of ByHeart infant formula linked to a deadly botulism...

Adriana Molina smiles as she receives help from volunteers near the flooded storefront and a flickering Christmas tree

Business News Local News

Sidecca Boutique Flooded on Christmas Eve, Volunteers Rally to Help Owner Rebuild

Sophia A. Reynolds December 25, 2025

On Christmas Eve, a sudden storm swept through Altadena, turning the streets into a torrent that flooded the beloved Sidecca boutique. The deluge...

Laptop screen shows Amazon login with a red blocked badge and a blurred dusk cityscape with neon lights behind

Business News Security News Tech News

Amazon Blocks Hundreds of Job Applications From Suspected North Korean Operatives

Olivia M. Hartwell December 25, 2025

Amazon has blocked hundreds of job applications from suspected North Korean operatives, a move announced by the company’s chief security officer...

Norman gives a generous check to Alicia of First Watch who holds a baby onesie and bouquet with warm golden light and subtle

Business News Feature Story Local News

First Watch Naples Team Donates Holiday Party Funds to Help Coworker Adopt Baby Girl

Ethan R. Coleman December 24, 2025

In a heart‑warming twist, a Naples, Florida, First Watch team turned its holiday party into a surprise donation to an employee’s adoption...