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@latimes
News from a West Coast perspective.
World & Business
Cerca Trova reportedly cited rising food costs and California's minimum wage law as factors in its bankruptcy.
Technology
Talarico becomes the first Democrat elected to a Texas U.S. Senate seat since 1988.
World & Business
Fox News CEO Lachlan Murdoch blamed “viewer fatigue” for the drop as CNN and MS NOW gained primetime viewers.
Entertainment
The plan would extend the program through 2040 and reserve $100 million a year for independent productions.
World & Business
Alphabet fell ~10–13% on slower search growth and heavy AI capex; Intel dropped ~20–23% on weak Q4 guidance. Amazon missed on metrics while maintaining elevated capex. Earnings miss fueled AI stock rotation, broader tech weakness, and safe-haven bond flows.
World & Business
The Los Angeles Times reports an opening is estimated for 2030 at OCVibe, an entertainment district near the Honda Center.
World & Business
CNBC reports the R2 became Rivian’s best-selling model, while software and services generated $605 million in revenue.
Entertainment
DiscussingFilm and ComplexPop say Gunn expects Batman to be similar in age to David Corenswet's Superman.
World & Business
The New York Times reports the deal would unite the country’s largest restaurant delivery service and biggest online grocery platform.
World & Business
The Los Angeles Times reports the ordinance covers some 600 active wells and 1,200 idle ones, which cannot restart.
World & Business
Bloomberg reports Odyssey is moored in Sihanoukville, where Villa Vie says it is coordinating disembarkation and identifying temporary living arrangements.
Entertainment
Variety reports eligible staff will receive individual buyout terms as Skydance integrates Paramount and Warner Bros. Discovery.
World & Business
A memo reproduced by Variety promises notice before office changes take effect and personalized buyout terms for eligible workers.
World & Business
Semafor cautions the talks could fall apart, while The Information reports a price of around $17 billion.
World & Business
The Los Angeles Times reports tech executives weren’t consulted before a deal for Netflix’s 2024 NFL Christmas games.
World & Business
Business Insider reports around 60,000 employees are eligible; Microsoft's offer covers participating teams in four countries.
World & Business
NBC News reports the plaintiffs seek $41.1 million in statutory damages over 274 songs; Anthropic disputes the claims.
World & Business
One post says roughly $72B of the reported loss came from non-cash charges, putting the underlying loss near $9B.
World & Business
POLITICO reports Zuckerberg weighed leaving California ahead of a vote on a proposed one-time 5% tax on billionaires’ assets.
World & Business
The Associated Press reports Meta plans to appeal the jury's verdict, potentially reducing the penalty.
