Business News - News Of LosAngeles

A bourbon barrel spilling amber liquid onto ground with stormy gray Kentucky skies overhead and condensation on wood

Jim Beam Halts Bourbon Production at Clermont Distillery for a Year Amid Tariff Pressures

Sophia A. Reynolds December 23, 2025

Jim Beam has announced a pause in bourbon production at its Clermont distillery in Kentucky for at least a year, a decision that reflects the...

Business News Sports News

Nick Saban Joins Nashville Predators as Minority Owner, Brings Football Playbook to Hockey

Jonathan P. Miller December 23, 2025

"Nick Saban, the seven‑time national championship coach, has just become a minority owner of the NHL’s Nashville Predators, bringing a football...

Missouri fan standing before Arrowhead Stadium sign with suitcase and ticket stubs heartbreak for Kansas City Chiefs in light

Business News Local News Sports News

Kansas City Chiefs to Leave Arrowhead, Missouri Loses NFL Franchise

Ethan R. Coleman December 23, 2025

The Kansas City Chiefs have confirmed a move to a new domed stadium near Kansas Speedway in Kansas City, Kansas, a decision that ends Missouri’s...

Bob Iger looks at a boardroom screen showing Warner Bros Discovery assets with orange tie across table and ornate map behind.

Business News Corporate News Tech News

Paramount Revises $108B Bid for Warner Bros. Discovery, Adding Larry Ellison’s Guarantee

Daniel J. Whitman December 23, 2025

Paramount on Monday unveiled a revised $108B bid for Warner Bros. Discovery, adding a personal guarantee from Oracle co‑founder Larry Ellison. The...

Smartphone screen displaying Instacart app with price in red and abandoned bread and eggs nearby.

Business News Consumer News

Instacart Ends Price-Testing Program After Consumer Reports Findings

Jonathan P. Miller December 23, 2025

On Monday, Instacart announced it would end its price‑testing program after a report from Consumer Reports and two advocacy groups raised...

Wind turbine standing idle with frozen rotor arms against misty oil rigs and calm sea

Business News Environment News Political News

Trump Administration Suspends Five Offshore Wind Leases Over National Security Concerns

Marcus L. Bennett December 23, 2025

The Trump administration announced on Monday that it would suspend leases for five large‑scale offshore wind projects along the East Coast, citing...

Skeletal wind turbines looming over the beach with sunset sky ablaze and seagulls soaring

Business News Energy News Political News

Trump Administration Pauses Five East Coast Offshore Wind Projects Amid National Security Concerns

Ethan R. Coleman December 23, 2025

The Trump administration has paused leases for five offshore wind projects along the East Coast, citing national security risks identified by the...

Crowd cheering while holding winning Powerball jackpot tickets with a countdown clock and bright balloons overhead

Breaking News Business News

Powerball’s 46th Jackpot Draw Sets Record-Extending $1.6 Billion Prize

Jonathan P. Miller December 23, 2025

Will anyone be treated to a billion‑dollar early Christmas gift? The answer may be yes when the Powerball drawing takes place at 10:59 p.m. ET on...

Warm golden light spills from an ajar front door onto a snowy porch with icicles and a frosted roof.

Business News Consumer News Energy News

US Households Face Higher Heating Costs as Winter Coldens

Sophia A. Reynolds December 22, 2025

A recent NOAA report warns that December temperatures across the U.S. will be 8% colder than the average of the last decade, a drop that could push...

Giant Powerball ticket board glows over city skyline with 45 winning numbers and hopeful crowds

Business News News Report

Powerball’s Longest Jackpot Drought Hits 45 Draws, $1.5B Prize Awaiting Saturday

Daniel J. Whitman December 21, 2025

The Powerball jackpot has reached a milestone that has left players and industry observers alike in disbelief. With 45 consecutive drawings since the...