KTLA-owner Nexstar Media Group said it has closed its deal to acquire rival Tegna’s TV stations, despite opposition from eight state attorneys general who filed a lawsuit to block the merger.

The acquisition was approved by the Federal Communications Commission’s Media Bureau and the Justice Department, Irving, Texas-based Nexstar said ...Read more

NASA is revising its moon-landing plans, reducing Boeing Co.’s role while elevating SpaceX’s Starship rocket to do the job of propelling astronauts to lunar orbit, people familiar with the matter said.

Under the original plan set years ago, Boeing’s Space Launch System rocket would have sent a crew of four riding inside the Lockheed ...Read more

Live Nation Entertainment Inc. Chief Executive Officer Michael Rapino told a New York jury that his multi-million-dollar compensation is tied in part to his “solving the DOJ problem” — a reference to the threat posed by government antitrust enforcers who want to break up the company.

About 90% of Rapino’s pay comes from a cash bonus ...Read more

Workers are discovering that a new overtime tax break is proving less generous — and more complicated — than expected.

In some cases, workers are discovering they can’t even claim the deduction without doing extra legwork. Pittsburgh tax accountant Howard Davis said a client recently came in expecting to write off his overtime pay, only ...Read more

Two online real estate rivals seem to be inching closer to finding common ground.

After a yearlong lawsuit over Zillow’s ban on private and early marketing of homes championed by the real estate brokerage Compass, the standoff came to an end Wednesday.

Compass dropped its lawsuit, just a day after Seattle-based Zillow announced it will allow...Read more

LOS ANGELES — Los Angeles school officials defended their contract offers Thursday, saying "nobody wants a strike" — a day after the district's two largest unions set April 14 as a strike date if no agreement is reached.

The Los Angeles Unified School District made its case in a news conference at its downtown headquarters the morning ...Read more

The only survivor of a Cybertruck crash in Piedmont is suing Tesla, saying the vehicle's electronic doors failed to open while he was trapped inside, surrounded by flames.

On Nov. 27, 2024, Jordan Miller was riding in the passenger seat when the driver, who was speeding, lost control and crashed into a tree at Hampton Road and King Avenue. The ...Read more

A group of attorneys general are taking legal action to block Nexstar Media Group's proposed $6.2 billion acquisition of Tegna's TV stations, calling the deal bad for consumer cable bills and local journalism.

A lawsuit filed Wednesday in U.S. District Court in Sacramento says the proposed deal by eight state law enforcers including California ...Read more

LOS ANGELES — When the January 2025 firestorms swept through Altadena and Pacific Palisades they not only burned down homes but left thousands still standing riddled with smoke damage.

The disaster set the stage for lawsuits by fire victims who alleged their homes were filled with toxic contaminants, yet insurers refused to do hygienic ...Read more

Closing a loophole within the Nevada commerce tax, which exempts real estate investment trusts, could push large corporate entities to divest from the Las Vegas Valley’s residential real estate market.

Two state assembly members — one a Democract, and one a Republican — are a part of a growing chorus of lawmakers pointing at the exemption...Read more

A gaggle of scorned landlords and real estate agents across Los Angeles have a message: If Alexys Watson messages you on Zillow asking if you accept Section 8 vouchers, choose your next words very, very carefully.

Over the last eight months, dozens of landlords and real estate agents have responded to Watson’s inquiries — and dozens have ...Read more

General Mills is continuing to sell off chunks of its business to focus on growing brands while low consumer sentiment jostles its sales.

The company announced Tuesday, March 17, the day before reporting third-quarter financials, it is offloading its Brazilian segment for what’s equivalent to about $154 million when converting from Brazilian ...Read more

Disney has a new captain, and his eyes are on the stars.

Taking over the reins from Bob Iger on Wednesday, new chief executive Josh D’Amaro signaled a bold shift for the entertainment giant: a future where emotional storytelling remains the “North Star,” but cutting-edge technology provides the fuel.

From ESPN to the Magic Kingdom, D’...Read more

You could be paying more for that gallon of milk in your online shopping cart than other customers without knowing it.

New Jersey lawmakers are trying to ban grocery stores from using “surveillance pricing,” a term for when companies change their prices for different customers based on their personal data. New Jersey Gov. Mikie Sherrill has...Read more

A bill restoring crucial federal funding to defense startups in Southern California is on its way to the president's desk after making it through Congress on Tuesday.

The Small Business Innovation and Economic Security Act was passed following a months-long impasse over funding the Small Business Innovation Research (SBIR), the Small Business ...Read more

Edison International boosted the pay of its top executives last year despite their responsibility for the safety of the company's power lines before the devastating Eaton fire, which destroyed a wide swath of Altadena and killed 19 people.

Although the company cut cash bonuses for its senior executives, citing the wildfires, their overall ...Read more

Just like regular consumers at the gas station, airlines refueling in Los Angeles are being forced to adjust to higher prices at the pump.

Jet fuel prices have shot up, and experts say airfares are following suit.

With a busy summer travel season approaching, airlines are starting to pass the costs on to passengers through higher fares and ...Read more

As the U.S. says goodbye to pennies, Washington state lawmakers have reached a solution for how local businesses should handle rounding during cash transactions.

Gov. Bob Ferguson received a bill on Thursday that would authorize asymmetrical rounding to the nearest nickel for cash transactions. It had yet to be signed as of Monday afternoon.

...Read more

MIAMI and PALM BEACH, Florida — Last December, a large coterie of Silicon Valley billionaires descended upon Miami to attend Art Basel, the ritzy, contemporary art fair that marks the end of the moneyed set’s yearly social calendar.

Much of the buzz surrounded the spectacle of Google co-founder Sergey Brin, among the world’s richest men,...Read more