Disney to cut hundreds of employees in latest round of layoffs
Walt Disney Co. launched another deep round of layoffs on Monday, notifying several hundred Disney employees in the U.S. and abroad that their jobs were…
Los Angeles Olympics adds Honda as founding level partner
LA28 announced Honda its automotive partner for the L.A. Olympics on Monday, securing a major founding-level partnership that will help the private organizing committee cover…
‘How does this thing not sink?’ Bob Myers questions UCLA athletics’ finances
After seeing a series of bullet-point slides and hearing a slew of buzzwords about UCLA’s athletic department finances, Bob Myers put the crisis facing his…
Apple must halt non-App Store sales commissions, judge says
Apple Inc. violated a court order requiring it to open up the App Store to third-party payment options and must stop charging commissions on purchases…
How much revenue has the US earned from Trump’s tariffs? | Explainer News
United States President Donald Trump said this month that his tariffs were bringing in $2bn a day already. The real number turned out to be…
Toll on Manhattan drivers remains in effect, despite Trump’s Easter deadline
NEW YORK — New York’s $9 congestion toll on most drivers entering the busiest part of Manhattan remained in effect Sunday, despite an Easter deadline from the…
Trump’s policies, stock market volatility leave big questions for California budget planners
SACRAMENTO — As the stock market plummeted last week, California Assembly Speaker Robert Rivas sat at his desk in the state Capitol and predicted that President Trump’s…
Internal Revenue Service agrees to send immigrant tax data to ICE for enforcement
WASHINGTON — The Internal Revenue Service has agreed to share immigrants’ tax data with Immigration and Customs Enforcement for the purpose of identifying and deporting people in…
Conan O’Brien to return as host of 2026 Oscars on ABC
After earning rave reviews for his stint hosting the Oscars earlier this month, Conan O’Brien will return to host the 2026 ceremony, the Academy of…
Layoffs hit ABC News and Disney’s entertainment TV channels
ABC News and Walt Disney Co. entertainment networks are being hit with a 6% reduction in staff amid shrinking ratings and revenues for traditional television.Workers…
Oscars benefit L.A.’s economy. Here’s how
For more than 20 years, Sherman Oaks florist Mark’s Garden has designed the towering greenery and blooming displays seen at the Oscars.Getting that Hollywood awards-season…
CNN hit with significant layoffs as network sets a plan for a digital future
CNN is cutting 6% of its workforce as the news organization tries to reinvent itself for TV’s digital future.Facing an exodus of viewers and a…
Netflix adds 19 million subscribers in streaming giant’s biggest year
Netflix gained a record number of subscribers in the fourth quarter of 2024, further solidifying its dominance in the streaming market and capping the company’s…
Trump announces ‘external revenue service’ to collect foreign tariffs | Donald Trump News
United States President-elect Donald Trump has announced his intention to create a new department called the “External Revenue Service”, designed to collect “tariffs, duties, and…
Despite revenue increase, Newsom plans to pull from California’s rainy day reserves
Gov. Gavin Newsom touted higher than expected tax revenues and a “modest surplus” in an unconventional preview of his $322.2 billion spending proposal for the…
Patrick Soon-Shiong’s controversial shakeup at the L.A. Times
Patrick Soon-Shiong had become accustomed to making the news.He was the doctor and medical technology innovator who built a fortune, the striving South African immigrant…
Taylor Swift’s Eras tour makes record-breaking $2 billion
Taylor Swift is not done with her record-breaking era: The pop superstar’s global tour sold more than $2 billion in tickets, making Taylor Swift: The…
Caitlin Clark responsible for 26.5% of WNBA revenue, expert says
The champagne hadn’t even dried after the New York Liberty won the WNBA championship when the players association announced it would opt out of the…
Clip Money Inc. Reports Third Quarter 2024 Results, Record Revenue Growth
This section is Partnership Content suppliedThe content in this section is supplied by GlobeNewswire for the purposes of distributing press releases on behalf of its…
‘Deadpool & Wolverine’ and ‘Inside Out 2’ drive Disney studio earnings
Superheroes and animation packed a punch for Walt Disney Co. as “Deadpool & Wolverine” and “Inside Out 2” propelled the company’s film studio to one…