Los Angeles

California-based property and casualty insurance stocks and exchange-traded funds are in focus as the Los Angeles wildfires have wreaked havoc and ruined over 10,000 structures. What Happened: As five fires continue to burn LA County, the Eaton and Palisades fires have caused significant damage,...

California utility companies could come under pressure from regulators and investors after devastating Los Angeles wildfires have left at five people dead and almost 180,000 evacuated from their homes due to multiple wildfires. Here's the latest. What Happened: Areas near Los Angeles, California...

Wildfires continue to ravage Los Angeles county on Thursday, causing billions of dollars in damage to homes and businesses. What To Know: Accuweather on Wednesday issued a preliminary estimate of the total damage and economic loss from the Southern California wildfires to be between $52 billion...

As wildfires continue to wreak havoc in Los Angeles, investor confidence in the financial stability of Edison International (NYSE:EIX) is waning. The concern stems from the possibility that the company’s equipment may have sparked the fires. What Happened: Southern California electric utility...

Wildfires in the Los Angeles area have canceled at least one major sporting event Wednesday and more could be on the way as officials work to control the spread and more devastation in the region. Here's a look at how the sports world is being impacted and could be in the future. NHL Game Cancelled...

Los Angeles fires in the Pacific Palisades neighborhoods and other regions are quickly disrupting the entertainment sector as local fire departments work to contain the disaster and minimize additional damage. TV Shows Shut Down Production: The television sector saw multiple television shows halt...

Southern California is bracing for another severe weather event as the National Weather Service says an incoming windstorm could lead to wildfires. The Forecast: The windstorm will hit most of Los Angeles and Ventura Counties, according to an NWS post on Monday night labeling the weather as an...

Workers United, the union representing over 10,000 Starbucks Corp. (NASDAQ:SBUX) baristas announced a strike in Los Angeles, Chicago, and Seattle. This action, set to begin Friday morning, comes as the coffee giant faces unresolved issues with its workforce during the busy holiday season. What...

Editor’s note: This story has been updated with additional details including the indictment of several people accused of supplying and injecting Perry with large amounts of ketamine leading to his death. Matthew Perry's personal assistant, two doctors and two others have been indicted and...

A 5.3 magnitude earthquake hit Southern California on Tuesday night, with its epicenter located near Bakersfield, Kern County. The quake was felt as far as Los Angeles and Orange County. What Happened: The earthquake struck at 9:09 p.m. PTD, with its epicenter in Lamont, California, close to...

Every four years, a Summer Olympics competition is held with viewers around the world tuning in to cheer on their country's athletes in the hope to top the medal count and celebrate the pride of their country. While the Olympics are important to media companies, sports fans and others, here's a...

A United Airlines Holdings Inc‘s (NASDAQ:UAL) Boeing Co (NYSE:BA) jet lost a main landing gear wheel while departing from Los Angeles but managed to land safely in Denver. What Happened: The incident occurred on Monday. In a statement, the airline confirmed that there were no injuries...

Retailer Costco Wholesale Corporation (NASDAQ:COST) is best known for offering items in bulk for consumers and its infamous $1.50 hot dog and soda combo. Costco could soon become known as a landlord or apartment builder as it dives into the world of affordable housing. What Happened: Costco is...

The vast majority of Americans now own a cell phone, including the nation’s youth. Amid calls to limit phone usage among those under 18, the Los Angeles Board of Education voted on Tuesday to create a plan for public approval prohibiting phones entirely during the school day. Many other...

Los Angeles is known for its glitz and glamor. From window shopping to catching a glimpse of Hollywood stars, the City of Angels shines bright and can drive anyone giddy with excitement, especially tourists. But you can do all that and much more without breaking the bank. In fact, there are several...