Tourism in Los Angeles is failing to keep pace with Orlando, New York and Chicago, primarily because the city lacks enough hotel rooms near the downtown convention center, the Los Angeles Times reports.
U.S. Supreme Court justices appeared skeptical on Tuesday about online TV service Aereo Inc.'s position in a copyright dispute with broadcasters, but several raised concerns about how a ruling against the startup could affect cloud computing services, Reuters reports.
Two of L.A.’s Asian-American banks ranked near the top of analysts' national lists of bank stocks that investors should buy, a signal of economic strength in local immigrant communities, the Los Angeles Times reports.
Films from Miramax's library of titles will be available to stream free via mobile and other connected devices on Miramax's AOL channel, the Hollywood Reporter says.
For the last few years Valeant Pharmaceuticals has been buying big medical brands like Bausch & Lomb. Forbes looks at whether the latest decision to team up with hedge fund manager William Ackman in a bid to acquire Botox-maker Allergan could work. Also, Ackman tells CNBC that he did not front-run Allergan stock.
A $10 million settlement ends a case brought by a UCLA department chairman who says the college’s medical school allowed doctors to take industry payments that may have compromised patient care, the Los Angeles Times reports.
Boeing Co. on Tuesday said pension charges pushed down net income in the first quarter, but improvements in its core operations beat analysts' expectations as output for jetliners continued to rise, the Wall Street Journal reports.
"Arrested Development" creator Mitch Hurwitz has signed a multiyear deal with Netflix to create and produce a new show and serve as executive producer for other projects, Deadline Hollywood reports.
In Wednesday morning trading, the Dow Jones industrial average was down 21 points to 16,494. The Nasdaq fell 22 points to 4,140. The S&P 500 fell 2 points to 1,877.
With a surge in rail construction in Los Angeles, governing boards are expected to choose in coming weeks among several proposals that would connect the airport to the Crenshaw Line, expected to be complete in 2019, and the existing Green Line, the New York Times reports.
Tesla Motors Inc. Chief Executive Elon Musk, who’s preparing to begin deliveries of the Model S electric vehicle in China, forecast the company will be making cars in the country in the next three to four years, Bloomberg News reports.
Activist investor William Ackman and Valeant Pharmaceuticals revealed their offer to acquire Allergan, valuing the wrinkle treatment maker at about $46 billion, the Wall Street Journal reports.
With open enrollment for Obamacare wrapped up, insurance giant Anthem Blue Cross stayed ahead of the pack in California sign-ups, the Los Angeles Times reports.
A San Francisco man has pleaded guilty to a single count of securities fraud Monday related to the 2009 acquisition of Marvel Entertainment by Walt Disney Co., the Los Angeles Times reports.
Drug giants Novartis and Glaxo today unveiled a series of transactions worth more than $20 billion that transforms both companies, the Wall Street Journal reports.