Los Angeles

Billionaire Elon Musk is the world's richest person, with a net worth of $370 billion, but you may not know it by his lifestyle, which includes no yachts and a plan to sell all his homes. While Musk previously sold off his numerous houses, he is once again the owner of an iconic Los Angeles home...

Federal prosecutors have brought charges against seven men in what is now regarded as the largest jewelry theft in American history. What Happened: The group allegedly stole $100 million worth of gems and watches from a Brinks armored truck in California in 2022, NBC reports. According to the U.S...

U.S. Marines have detained a civilian in Los Angeles, marking the first known instance of active-duty military involvement in such actions within the city. This comes amid heightened tensions over immigration enforcement and ongoing protests. What Happened: According to a Reuters report, U.S....

Los Angeles imposed a curfew on parts of downtown Tuesday night as protests against President Donald Trump‘s immigration raids intensified for the fifth consecutive day, prompting a military deployment. What Happened: The Los Angeles Police Department initiated “mass arrests”...

Cryptocurrency bettors saw a strong likelihood that courts would block the deployment of the U.S. military in Los Angeles as protests over President Donald Trump's immigration crackdown entered their fifth day. What happened: The betting contract "Will courts block Trump’s National Guard...

Alphabet Inc.'s (NASDAQ:GOOGL) (NASDAQ:GOOG) autonomous taxi service, Waymo, is halting its services in Downtown Los Angeles following anti-ICE protests in areas of the city that led to Waymo Robotaxis being vandalized. What Happened: Waymo doesn't believe the protestors were specifically targeting...

On Sunday, California Governor Gavin Newsom called on President Donald Trump to rescind the deployment of National Guard troops in Los Angeles, arguing that it is a violation of the state’s sovereignty and only exacerbates tensions amid ongoing protests. What Happened: Newsom’s request...

As the Los Angeles County Palisades Fire remains largely uncontained, a well-known real estate figure in the city speculated about Pacific Palisades’ real estate future. Celebrity realtor Josh Altman told TMZ on Thursday that he expects around half of Palisades residents to move elsewhere in...

The Los Angeles wildfires have killed at least two dozen people and destroyed thousands of homes, prompting questions of what’s to blame for the blazes. A new Emerson College poll asks Americans if climate change contributed to the wildfires and whether California Gov. Gavin Newsom has done a...

Amid the devastating Los Angeles wildfires, spurred on by a windstorm last week, one analyst picked a real estate stock to watch. The Real Estate Analyst: Piper Sandler analyst Alexander Goldfarb released a note on Sunday, pegging office REIT Douglas Emmett Inc (NYSE:DEI) as a possible long-term...

The city of Los Angeles is currently grappling with a series of devastating wildfires, fanned by the Santa Ana winds. The largest fire, located in the Pacific Palisades, is just 11% contained and is posing a significant threat to densely populated neighborhoods. What Happened: Wildfires have been...

Several high-profile celebrities, including Paris Hilton, Milo Ventimiglia, and Billy Crystal, have lost their homes to the raging wildfires in Los Angeles’ Pacific Palisades neighborhood. What Happened: The wildfires, which started on Tuesday, have been wreaking havoc in the...

At least 10 people have been killed in the Los Angeles fires this week, with over 9,000 structures destroyed, according to the latest estimates cited by the L.A. Times. What Happened: Several wildfires broke out on Tuesday and Wednesday in Los Angeles following a strong windstorm. While officials...

Companies in California and across the United States are pitching in to help consumers dealing with wildfires in the state. What Happened: Wildfires in California have forced thousands of people to be evacuated from their homes as wildfires led to power outages and damaged properties, marking one...

Amid the ongoing devastation caused by wildfires in Los Angeles, Warren Buffett‘s Berkshire Hathaway (NYSE:BRK) (NYSE:BRK), the nation’s largest property and casualty insurer, is expected to experience minimal financial impact, while other insurers face significant exposure due to its...