Mark Walter sells Lakers for record-breaking $12B: report

Mark Walter has sold the Los Angeles Lakers to Joshua Kushner and former Disney CEO Bob Iger for a record-breaking $12 billion, according to ESPN.

Social Security adds 14 health conditions to disability fast-track list

The Social Security Administration has announced the addition of 14 health conditions to their Compassionate Allowances (CAL) list. 

Bonta slams Paramount relocation threat over Warner Bros. merger as 'blackmail'

California AG Rob Bonta calls Paramount's alleged threat to leave California over its stalled Warner Bros. merger "blackmail" as a federal antitrust trial looms for March.

Salad and Go files for bankruptcy and will close all locations on Aug. 5

Salad and Go has filed for Chapter 11 bankruptcy and will permanently close all 70 locations following final guest service on Aug. 5. "This is a painful day for everyone who built, worked for and loved Salad and Go," the CEO said.

Trump slams Exxon, Chevron for making 'too much money'

President Donald Trump criticized Exxon and Chevron after both organizations posted high quarterly earnings amid the ongoing conflict between the United States and Iran.

Gov. Gavin Newsom releases tax returns showing $2M annual income

California Governor Gavin Newsom released four years of tax filings showing annual earnings between $1.7 million and $2 million, mostly from his winery and restaurant holdings.

CEO of steel company dies suddenly, just weeks after taking helm

Carpenter Technology CEO Brian Malloy died suddenly just weeks after taking the helm of the specialty materials manufacturer, the company announced Monday.

Cities where clothing costs the most and least, ranked

A new study reveals where Americans pay the biggest share of their income for basic clothing. See which cities rank as the least affordable.

Cyclospora outbreak: Restaurants seeing slump in sales after removing lettuce from menus

Restaurant chains and local eateries are grappling with a dip in customer foot traffic and inventory challenges after a massive cyclospora outbreak linked to shredded lettuce.

People are willing to go into debt for beauty products, report shows

From premium skincare to high-end hair products, a growing number of consumers report going into debt to maintain their personal care routines.

eBay to pay $50 million in bizarre harassment case involving live cockroach deliveries

eBay will pay nearly $50 million to settle a bizarre harassment case involving former employees who targeted a couple with live cockroaches, a bloody pig Halloween mask and other disturbing deliveries.

California ranks dead last in affordability, No. 35 overall in 2026 Best States list

California landed at No. 35 in U.S. News & World Report’s 2026 Best States rankings, scoring high in health care but ranking last in opportunity due to high costs.

Johnson & Johnson agrees to pay $5.5 billion in talc powder settlement

Johnson & Johnson has agreed to a multi-billion-dollar deal to resolve thousands of remaining lawsuits linking its talcum powder products to ovarian cancer.

Mercedes-Benz faces potential US ban under new Senate bill

A new bill targeting Chinese automakers could result in Mercedes-Benz being barred from selling vehicles in the U.S.