Top News & Analysis Los Angeles

  • From median salaries to commute times, here's how the two biggest cities in the U.S. compare when it comes to living there.

  • NEW YORK, April 17- World stock markets gave up early gains as a continued flight from healthcare shares dragged on Wall Street, overshadowing upbeat economic data from China. "With a Democrat-controlled Congress, there is definitely more talk on regulating the sector and drug prices, which has negative headline risks," said Matthew Granfki, director of strategy...

  • *China's Q1 growth unexpectedly steadies. "With a Democrat-controlled Congress, there is definitely more talk on regulating the sector and drug prices, which has negative headline risks," said Matthew Granfki, director of strategy at Los Angeles- based Miracle Mile Advisors. Medical device maker Abbott Laboratories Inc fell 3.8%, despite quarterly results...

  • April 17- U.S. railroad operator Kansas City Southern on Wednesday reported a first-quarter profit that topped Wall Street's estimate, boosted by an increase in refined fuel and grain shipments to Mexico. Shares in the company, which gets one-third of its revenue from Mexico, jumped 2.6 percent to $121 in early trading. Car loads fell 1 percent, largely due to...

  • April 16- Netflix Inc reported quarterly results on Tuesday that beat Wall Street targets, but the world's largest online streaming service predicted it would hook fewer new customers than expected through June, just as Walt Disney Co and others prepare to escalate the streaming video wars. The company said it signed up 1.74 million paid subscribers in the...

  • WASHINGTON, April 15- U.S. Supreme Court justices tiptoed around the offensive word at the center of a free speech case on Monday as they considered a challenge to a federal law that restricts trademarks on "immoral" and "scandalous" words and symbols. The nine justices heard about an hour of arguments in a case involving Los Angeles- based clothing designer Erik...

  • April 12- California Governor Gavin Newsom on Friday proposed a new fund to pay for wildfire liabilities, while holding the state's largest utility more accountable for the growing number of blazes in the state. The creation of a fund that would allow utilities to pay for wildfire damage claims sent PG&E Corp shares soaring nearly 12 percent before closing...

  • April 12- California Governor Gavin Newsom on Friday proposed a new fund to pay for wildfire liabilities, while holding the state's largest utility more accountable for the growing number of blazes in the state. The creation of a fund that would allow utilities to pay for wildfire damage claims sent PG&E Corp shares up nearly 12 percent. The current system...

  • WASHINGTON, April 12- In the staid world of the U.S. Supreme Court, where decorum and etiquette are prized and silence is enforced by court police, the F-word could create quite a stir. Yet that expletive and others will be the focus on Monday when the nine justices hear arguments in a free-speech case brought by Los Angeles- based clothing designer Erik Brunetti.

  • The indictment came about three weeks after Avenatti, who gained national fame for representing adult film star Stormy Daniels in her litigation against Trump, was arrested in New York on separate criminal complaints filed by federal prosecutors in New York and California. The federal complaint in California charges Avenatti with 10 counts of wire fraud,...

  • The indictment came about three weeks after Avenatti, who gained national fame for representing adult film star Stormy Daniels in her litigation against Trump, was arrested in New York on two separate criminal complaints filed by federal prosecutors in New York and California. Attorney for California's Central District have charged Avenatti with 10...

  • The indictment came about three weeks after Avenatti, who gained national fame for representing adult film star Stormy Daniels in her litigation against Trump, was arrested in New York on two separate criminal complaints filed by federal prosecutors in New York and California. Attorney for California's Central District have charged Avenatti with 10...

  • President Donald Trump, was charged with 36 counts of fraud, tax evasion and other financial crimes in an indictment made public by federal prosecutors in Los Angeles on Thursday. The indictment came about three weeks after Avenatti, who gained national fame for representing adult film star Stormy Daniels in her litigation against Trump, was arrested in New...

  • April 11- Lawyer Michael Avenatti was charged with 36 counts of fraud, tax evasion, identity theft and other financial crimes in an indictment made public by federal prosecutors in Los Angeles on Thursday. Avenatti, best known for representing pornographic film star Stormy Daniels in her legal battles with U.S. President Donald Trump, has said he is innocent.

  • April 11- Authorities were expected on Thursday to announce Michael Avenatti's indictment by a federal grand jury in California on 36 criminal counts, officials said, just weeks after the attorney was hit with separate criminal complaints in New York and Los Angeles. Officials from the U.S. Attorney's Office and Internal Revenue Service were due to announce...

  • Questioned repeatedly about the acquisition during a U.S. Senate hearing, Secretary of State Mike Pompeo said on Wednesday, "We're looking very closely at this recent decision by Qatar to take on 49 percent of this airline." Both Republicans and Democrats at the Senate Foreign Relations Committee hearing said they were concerned that the deal with the Italian...

  • Nine women are alleging in a new lawsuit against Uber that the company didn't do enough to respond to fake drivers sexually assualting women. CNBC's Deirdre Bosa reports.

  • And the ethanol shortages are one factor pushing gasoline prices in Los Angeles and Southern California to the highest in the nation and they could top $4 a gallon for the first time since 2014, according to tracking firm GasBuddy. Benchmark price for ethanol used in most supply contracts initially jumped on news of the floods but has been hobbled by rising...

  • And the ethanol shortages are one factor pushing gasoline prices in Los Angeles and Southern California to the highest in the nation and they could top $4 a gallon for the first time since 2014, according to tracking firm GasBuddy. Benchmark price for ethanol used in most supply contracts initially jumped on news of the floods but has been hobbled by rising...

  • WASHINGTON, April 5- President Donald Trump, hammering on a favorite theme, proposed another idea on Friday for cracking down on what he describes as a crisis of undocumented immigration and drug trafficking on the U.S.- Mexico border. Praising Mexico for moving recently against drug traffickers, Trump said, "If they continue that, everything will be fine.