Corporate tax breaks are driving the federal deficit to alarming levels. A Los Angeles Times commentary reveals who truly benefits from these policies, highlighting the widening gap between public costs and private gains.
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The U.S. goods trade deficit surged sharply in July, driven by higher imports and slowing export growth, reflecting ongoing supply chain challenges and shifting global demand, according to Reuters.
China has escalated tensions in the ongoing trade war, branding the US a “joke” amid fresh tariff threats. This latest move further strains already fragile economic relations, signaling prolonged conflict ahead.
Brothers behind Din Tai Fung plan a major expansion, targeting new locations across Los Angeles. The move aims to capitalize on growing demand for the famed Taiwanese dumpling chain.
East West Bank marks 25 years of growth and community impact in Los Angeles. The milestone highlights the bank’s role in bridging U.S.-Asia markets and supporting regional economic development.
Toyota confirms up to $10 billion investment in the U.S., aiming to boost production, advance EV technology, and create thousands of jobs. The announcement marks a major commitment to American manufacturing.
A government shutdown threatens flight reductions at several U.S. airports as air traffic control faces staffing challenges, potentially disrupting travel and delaying schedules nationwide, reports Business Insider.
TikTok’s U.S. operations could be acquired by a consortium including Oracle, Andreessen Horowitz, and Silver Lake, according to the Los Angeles Times, marking a potential shift amid ongoing regulatory scrutiny.
TikTok has petitioned the U.S. Supreme Court to temporarily block a law banning the app nationwide, citing concerns over user rights and business impact, as tensions rise over data security and privacy.
Apple has pledged an additional $100 billion to U.S. manufacturing, reinforcing its commitment amid ongoing tariffs imposed during the Trump administration, as reported by the Los Angeles Times.
LA Coolkicks owner was arrested in connection with a stolen goods investigation. Authorities say the case is ongoing as they seek to uncover the full truth behind the allegations. Further updates are expected soon.
The Rams face a pivotal Week 10 clash that could define their season. With playoff hopes on the line, they must execute flawlessly to secure a vital win and maintain momentum in a fiercely competitive race.
California and Louisiana share the highest poverty rate in the U.S., according to a new report. The Los Angeles Times highlights economic challenges in both states despite their distinct demographics and industries.
US ocean container imports fell sharply in May as tariffs on Chinese goods and trade tensions weigh on demand. The drop signals potential slowdowns in supply chains and economic activity, Reuters reports.
US business activity accelerated in October, showing renewed growth, but overall sentiment weakened amid persistent economic uncertainties, Reuters reports. Analysts note cautious optimism despite inflation concerns and supply chain issues.
The Port of Los Angeles Cruise Passenger Terminal offers seamless embarkation with modern facilities, ample parking, and easy access to downtown LA. It serves as a major hub for West Coast cruises, enhancing traveler convenience.
The Los Angeles Business Journal unveils its latest “LABJ Insider: Top Small Businesses” list, spotlighting innovative local ventures driving growth and resilience in LA’s dynamic economy.
The trade war intensifies as the U.S. and China escalate tensions with new port fee proposals, impacting global supply chains and raising concerns over increased shipping costs. The economic standoff shows no sign of easing.
The busiest US seaport faces significant challenges as 145% tariffs on Chinese goods disrupt trade flows. Import delays and rising costs raise concerns over economic recovery and supply chain stability, Reuters reports.
Teneo announces the expansion of its U.S. People Advisory business, enhancing its workforce strategy and talent management services to meet growing client demands across various industries.