Several doctors and nurses were arrested in a Southern California healthcare fraud investigation, accused of submitting false claims and billing for unprovided services, authorities said. The probe is ongoing.
Browsing: Business
Holiday season imports have arrived early at the busiest US port, an executive told Reuters, signaling heightened shipping activity ahead of the peak retail period. This rush aims to meet rising consumer demand and avoid delays.
Uber and Lyft drivers in Massachusetts have formed the first U.S. ride-share union, marking a significant step in gig worker organization efforts. The move aims to improve pay and working conditions.
Los Angeles has declared a local emergency following a massive warehouse fire that continues to burn. Authorities are battling flames and assessing damage as nearby residents face evacuations and disruptions.
Tesla has lost its top spot in the electric vehicle market to a rising Chinese rival, marking a significant shift in the global EV landscape as the newcomer leverages innovation and aggressive expansion.
California led the nation in job cuts last year, driven by tech and entertainment sectors. However, the pace of layoffs slowed significantly in December, signaling potential stability as the labor market adjusts.
EY US has announced the finalists for the Entrepreneur Of The Year® 2026 Greater Los Angeles Award. The list highlights innovative leaders driving growth and impact in the region’s business community.
Los Angeles Business Journal has named McGuireWoods’ Sabrina Beldner to its prestigious “Top 100 Lawyers” class, recognizing her outstanding legal expertise and contributions to the industry.
Intuit has announced a multi-year partnership with Team USA and secured its role as a founding partner of the LA28 Olympic and Paralympic Games, reinforcing its commitment to support athletes and community initiatives.
The US goods trade deficit widened in March as imports surged sharply, surpassing exports. The rise reflects strong domestic demand and raises concerns about the impact on economic growth and inflation pressures.
Spencer Pratt delves into Los Angeles’ economic anxieties in a new primetime series, spotlighting the city’s financial struggles amid rising costs and job uncertainties. The show captures the pulse of LA’s economic climate on CNN.
Mapped: Ahead of Team USA’s first World Cup win, 250 private jets landed in Los Angeles, highlighting the massive influx of visitors and underscoring the event’s significant economic and logistical impact.
US container imports dropped 6.5% in February but remained the fourth-highest monthly total on record, according to Descartes. The decline highlights ongoing supply chain adjustments amid strong consumer demand.
Toast expands its U.S. retail presence with a new store opening in Los Angeles, marking a significant step in the brand’s nationwide growth strategy. The launch enhances accessibility for west coast customers.
Tariffs imposed under former President Trump continue to impact American consumers, driving up prices on everyday goods. As import costs rise, businesses and families are bearing the financial burden long after the policies took effect.
An Orange County business owner faces charges for allegedly supplying Iran with advanced U.S. technology, violating export laws. Authorities say the tech could enhance Iran’s military capabilities. The investigation is ongoing.
Rising diesel prices amid the Iran conflict are straining U.S. school budgets, Reuters reports. Increased fuel costs are forcing districts to cut programs and transportation services, impacting students nationwide.
As tariffs rise, an LA clothing brand is betting on growth by doubling down on “Made in the USA” products. The move aims to boost local manufacturing and meet increasing demand for domestic apparel.
TikTok has named Adam Presser as its new U.S. CEO. A Harvard business and law graduate, Presser brings a unique perspective with his passion for Chinese cinema, signaling a strategic cultural bridge for the social media giant.
The EU has urged the US to reinstate tariffs on certain goods as the anniversary of their trade deal approaches, aiming to address ongoing trade imbalances and protect European industries, Reuters reports.