Warner Bros. Rejects Paramount Bid, Nick Reiner Court Appearance, Palisades Rebuild Update, CVLT Abuse Network Charges, World Cup Ticket Changes, Santa Barbara News-Press Returns, Estimate to Fix Downtown L.A. Building Disputed, Instacart's AI Experiment

Warner Bros. Rejects Paramount Bid, Nick Reiner Court Appearance, Palisades Rebuild Update, CVLT Abuse Network Charges, World Cup Ticket Changes, Santa Barbara News-Press Returns, Estimate to Fix Downtown L.A. Building Disputed, Instacart's AI Experiment

The board of Warner Bros. Discovery rejects Paramount's hostile bid. Meanwhile, Nick Reiner appeared for the first time in Los Angeles Superior Court and was denied bail. And for nearly a year, Times reporters have been covering the rebuilding efforts in Pacific Palisades, following the devastating fires that destroyed thousands of homes. Meanwhile, Times reporters are reporting that four alleged members of a child sex abuse network have been charged; investigators say the group, CVLT, is mostly dismantled, but has splintered into another entity. Also, some exciting news for sports fans: it may be a bit easier to score tickets to the World Cup in 2026, with a new supporter entry tier for tickets at a fixed rate of $60. And, just up the 101 in Santa Barbara, the city's newspaper, the Santa Barbara News-Press, is back and with a new editor. In business, experts are saying L.A. County's $700 million estimate to retrofit its old headquarters is grossly inflated, and Instacart is facing backlash following an AI experiment that charged customers different prices for the same items.

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Jaksot(600)

Walmart Sales Growth Craters & Disney's Tomorrowland Plans

Walmart Sales Growth Craters & Disney's Tomorrowland Plans

The world's largest retailer, Walmart, just reported its worst sales growth in more than six years. Last quarter, the Arkansas-based company saw its store sales rise just 2.6 percent. This comes as ov...

21 Elo 2min

National Debt Tops $40 Trillion & Tony Romo's Future with CBS

National Debt Tops $40 Trillion & Tony Romo's Future with CBS

The U.S. national debt hit a record high this week, topping $40 trillion. That’s double what it was in 2016 at the start of President Trump's first term. Most of that spending is going toward rising m...

20 Elo 2min

Record Number of Kindergartners Unvaccinated, Jeanie Buss Contests Lakers Sale, and Meta Trial Begins

Record Number of Kindergartners Unvaccinated, Jeanie Buss Contests Lakers Sale, and Meta Trial Begins

A record number of kindergartners are starting school this year, without required vaccinations, with new federal data showing that exemption rates are hitting an all-time high for the fourth year in a...

18 Elo 4min

Californians Split on Billionaire Tax & Voter ID, European Vacations, and Ty Simpson Debut

Californians Split on Billionaire Tax & Voter ID, European Vacations, and Ty Simpson Debut

New data shows 24 million Americans traveled to Europe in 2025 alone — a record high, led by trips to the UK, France, and Italy. But the boom isn't reaching everyone equally: the wealthiest households...

17 Elo 3min

Lakers Purchased for $12+ Billion, Jalapeños Linked to Salmonella, and Spotify Cracks Down on AI Artists

Lakers Purchased for $12+ Billion, Jalapeños Linked to Salmonella, and Spotify Cracks Down on AI Artists

Former Disney CEO Bob Iger and venture capitalist Josh Kushner are set to buy the Los Angeles Lakers for more than $12 billion — just over a year after Mark Walter took a controlling stake at a then-r...

12 Elo 2min

Nvidia’s $500B AI Buildout With Wall Street Heavyweights, Nithya Raman Could Lose Key City Hall Leadership Role as Mayoral Race Heats Up, and New Video Podcasts Are Coming to Disney+ and Hulu

Nvidia’s $500B AI Buildout With Wall Street Heavyweights, Nithya Raman Could Lose Key City Hall Leadership Role as Mayoral Race Heats Up, and New Video Podcasts Are Coming to Disney+ and Hulu

Nvidia is partnering up with six asset managers, including BlackRock and Goldman Sachs, to bring half a trillion dollars into AI infrastructure — chips, power plants, and data centers. Nvidia CEO Jens...

11 Elo 5min

S&P 500 Hits Record High as Earnings Beat Expectations, Iran Ceasefire Hopes Rise, and California Won't Ban 'Forever Chemicals' After Bill Fails

S&P 500 Hits Record High as Earnings Beat Expectations, Iran Ceasefire Hopes Rise, and California Won't Ban 'Forever Chemicals' After Bill Fails

The S&P 500 closed at a record high on Tuesday. Faith Pinnow from L.A. Times Studios breaks down what's driving the rally — from strong second-quarter earnings reports to growing optimism around a pot...

5 Elo 3min

Trump Threatens to Pull AG Pick, Fed Holds Rates Steady Despite Inflation, Dodgers Owner Reportedly Under Federal Investigation, and Should AI Music Count on the Charts?

Trump Threatens to Pull AG Pick, Fed Holds Rates Steady Despite Inflation, Dodgers Owner Reportedly Under Federal Investigation, and Should AI Music Count on the Charts?

President Trump is threatening to drop Todd Blanche as his pick for Attorney General until he can lock down Senate approval. The warning comes after Republican Senators Thom Tillis and John Cornyn sig...

30 Heinä 4min

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