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L.A. Times - Business

The Standard Hotel in West Hollywood is shutting 2021-01-21 16:55:26The Standard hotel in West Hollywood on the Sunset Strip is set to close Friday. It said "a significant increase to its lease ... makes operating the

Lilly Singh takes a loss on Hollywood home 2021-01-21 16:46:14In Hollywood, late-night talk show host Lilly Singh just sold her three-story home for $1.475 million, slightly less than what she paid in 2015.

Column: Biden signals his goal of eradicating every 2021-01-21 13:44:18With a flurry of executive orders, Joe Biden shows he's planning to annihilate all memory of the Trump years.

After Capitol assault, corporate America rethinks its role 2021-01-21 13:37:44Rather than stay on the sidelines, business leaders condemned the attack, withdrawing funds supporting enablers of Trump and his followers.

'The Axe Body Spray of mansions': Inside the 2021-01-21 11:00:51We're running out of things to do during quarantine. But Samir Mezrahi knows that Zillow surfing never gets old.

Two Biden priorities, climate and conservation, collide in 2021-01-21 08:00:33An 11th-hour Trump administration proposal foreshadows a tough balancing act for Biden.

Operator of Queen Mary in Long Beach files 2021-01-20 18:48:24Eagle Hospitality Trust's Chapter 11 filing could be the start of a wave of bankruptcies for the industry. The company operates the Queen Mary in Lon

Tommy Hilfiger bags $45 million for Connecticut manor 2021-01-20 17:32:37In Connecticut, fashion mogul Tommy Hilfiger just sold his 13,000-square-foot English Country-style manor on 22 acres for $45 million.

Matt Damon's Zen retreat in the Palisades lists 2021-01-20 14:50:06Oscar-winning actor Matt Damon is asking $21 million for his leafy retreat in Pacific Palisades, or $6 million more than he paid in 2012.

Column: What happens to businesses when their CEOs 2021-01-20 14:10:00My Pillow CEO Mike Lindell is the latest business leader to discover the downside of becoming a crank.

Could a COVID-19 surge lead to shutdowns at 2021-01-20 08:00:44A Covid-19 surge at the ports of Los Angeles and Long Beach has sickened hundreds of longshore workers, a disruption that could stymie the flow of goo

Billionaire shatters Rancho Santa Fe record with $23-million 2021-01-19 16:55:56Billionaire Herbert Wertheim just dropped $23 million on a 22,500-square-foot mansion in Rancho Santa Fe, which is the community's priciest deal ever


Private payrolls post first drop since April as 2021-01-06 08:26:22The decrease of 123,000 provided a stark sign that the U.S. economy had cooled considerably heading into the end of 2020.

Cash in circulation is soaring, and that usually 2021-01-06 08:01:00Currency in circulation soared at a rate unseen since World War II last year, providing what historically has been a good sign for the economy.

Mortgage demand from homebuyers pulled back sharply, even 2021-01-06 07:00:01The stunning surge in home buying demand, brought on by the coronavirus pandemic, may finally be easing up.

Home prices are rising faster in the middle 2021-01-04 10:19:54Home prices are rising across the nation, but the usual geographical trends are being turned on their heads by the coronavirus pandemic.

Weekly jobless claims fall for a second straight 2020-12-31 13:44:28The number of people filing for unemployment benefits for the first time unexpectedly fell last week, marking its second straight decline.

November new home sales fall more than expected, 2020-12-23 13:37:18Sales of newly built homes came in far weaker than expected for November, and builder stocks are not taking it well.

Weekly jobless claims rise less than expected, but 2020-12-23 09:27:56The number of first-time unemployment-benefits filers decelerated to 803,000 in the week ending Dec. 19.

Existing home sales decline for the first time 2020-12-22 10:48:47After five consecutive months of gains, closed sales of existing homes turned lower in November from October.

NYT > Economy

New unemployment claims remain high in the latest 2021-01-21 17:58:42

Unemployment Claims Rise Sharply, Showing New Economic Pain 2021-01-21 15:10:55Weekly filings for jobless benefits hit the highest level since July as the pandemic’s resurgence batters the service industry.

President Biden will ask for new workplace coronavirus 2021-01-21 13:47:10

How Our Unemployment Benefits System Failed 2021-01-21 05:00:22A decline in funding and changes in the workplace — and how long people are out of work — have left a program unequal to the 21st-century

The Business Rules the Trump Administration Is Racing 2021-01-20 05:30:00From tariffs and trade to the status of Uber drivers, regulators are trying to install new rules or reduce regulations before President-elect Joe Bide

Is Rivian the Next Tesla? Investors Bet Big 2021-01-19 18:24:28Rivian, which has raised another $2.65 billion, plans to sell a pickup truck and S.U.V. it has worked on for more than a decade.

U.S. Bans All Cotton and Tomatoes From Xinjiang 2021-01-19 15:26:45The sweeping ban, which was based on concerns about forced labor in the region, could compel companies to reorganize their multinational supply chains

The Most Important Thing Biden Can Learn From 2021-01-18 17:58:08A “hot” economy with high deficits didn’t cause runaway inflation.

How Full Employment Became Washington’s Creed 2021-01-18 15:29:21Policymakers are eager to return to the period of low unemployment that preceded the pandemic and are less concerned than in previous eras about spark

When Will Interest Rates Rise? Fed Chair Says 2021-01-17 14:26:46Jerome H. Powell, chair of the Federal Reserve, said the central bank remained far from dialing back support for the economy.

Is Inflation About to Rise? That's the Wrong 2021-01-16 05:00:08Some analogies can help in assessing the risks: a yo-yo, hungry bears, a sloshing bathtub and a reflating balloon.

‘We Need to Stabilize’: Big Business Breaks With 2021-01-15 18:55:33Low taxes and light regulation made the party popular with corporate America for decades. President Trump and his supporters have frayed those bonds.

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IRCTC to resume e-catering services from next month New! 2021-01-22 08:18:49IRCTC is the Indian railways' catering arm

Talks hit roadblock; govt asks farmers to consider New! 2021-01-22 08:13:56Farmer leaders stuck to their demands for a complete repeal of three farm laws

JSW Steel reports at 14x spike in Q3 New! 2021-01-22 08:09:22Company plans commissioning multiple projects in Q4

Home First IPO subscribed 2.2 times on substantial New! 2021-01-22 08:07:33The retail portion of the issue was subscribed 3.4 times, while institutional investor portion was subscribed 1.4 times

YES Bank reports net profit of Rs 151 New! 2021-01-22 07:54:27The Bank's net interest income grew 30 per cent quarter-on-quarter to Rs 2,560 cr for the period under review

LIVE: Govt ready for talks again if farmers New! 2021-01-22 07:41:37Farmers' protest LIVE updates: Govt and farmer unions met for their 11th round of talks to resolve the nearly-two-month long deadlock

RBI discussion paper proposes four-tier structure for NBFC New! 2021-01-22 07:20:35Paper has also sought to raise net-owned funds required for new NBFCs from Rs 2 cr to Rs 20 cr. Timeline of five years for existing NBFCs to adhere to

Grasim to enter paints business with Rs 5,000 New! 2021-01-22 07:18:23Will take on the likes of Asian Paints, Nerolac in a sector that has registered a revenue CAGR of 11% between FY14 and FY19

Apple plans thinner Macbook Air with magnetic charger New! 2021-01-22 07:09:59The upcoming MacBook Pro is an example of Apple's renewed focus on Mac loyalists

Latest News LIVE updates: Six killed in mine New! 2021-01-22 06:25:03Police has lodged a case against the employer and investigation is underway. Stay tuned for Latest LIVE news

Cong to elect party president by June 2021: New! 2021-01-22 06:18:15The party's working committee on Friday approved holding the internal election after the assembly polls

Long road for Tesla in India with infrastructure, New! 2021-01-22 05:55:08The world's most valuable automobile manufacturer registered a local company in India earlier this month


Crypto Exchange Mercado Bitcoin Raises $37M New! 2021-01-22 07:42:52 The Brazilian cryptocurrency exchange has raised 200 million reais.

Janet Yellen: The Government Should Consider Benefits of New! 2021-01-22 06:29:01 The nominee for Treasury Secretary has spoken positively about digital assets.

Grayscale Investments to Launch a Chainlink Trust New! 2021-01-22 04:47:08 The asset manager has just filed several documents to create multiple new cryptocurrency trusts.

The Bitcoin Price Drops to $30,000 New! 2021-01-22 03:45:12 What is happening today with the largest crypto in the market?

Factors to Consider When Choosing a Cryptocurrency Exchange New! 2021-01-22 02:17:54 Things to take into account when choosing a trading platform.

Barclays Attacks Bitcoin, Blames Volatility 2021-01-21 13:43:11 Meanwhile, bitcoin is experiencing a second day of massive sell-offs, losing as much as 10%.

JPMorgan Considers Bitcoin as Cyclical Asset, Not Hedge 2021-01-21 12:48:54 Bitcoin becomes less uncorrelated, JPMorgan's strategists warn.

Recurring Buys Are Now Available on bitFlyer USA! 2021-01-21 12:48:21 With Recurring Buys, you can now schedule daily, weekly, monthly, or semi-monthly cryptocurrency purchases.

Russia's Largest Bank to Issue Stablecoin This Spring 2021-01-21 11:39:02 The bank has already submitted a filing with the Bank of Russia.

BlockFi Rolls Out OTC Desk for Institutional Investors 2021-01-21 10:39:13 BlockFi will allow its clients to trade with the desk bitcoin, ether, litecoin and other coins.

Former Ripple Advisor to Lead US Office of 2021-01-21 07:48:10 Michael Barr, a former Ripple advisor, could become the new head of the Office of the Comptroller of the Currency (OCC).

Court Removes Binance From Russian Regulator's Blacklist 2021-01-21 06:27:23 The platform had been blacklisted by the regulator since September last year.

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