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News
Paramount’s CEO has ‘tricks up his sleeve’ to get his Warner acquisition cleared in California
2+ day, 18+ hour ago (759+ words) No one knows when or if California AG Rob Bonta will agree to hold settlement talks with Paramount Skydance regarding its merger with Warner Bros. Discovery – but David Ellison has a “few tricks up his sleeve,” On The Money has…...
California newsrooms decimated in ‘the bloodiest round of layoffs’ as media giants culls 40% of staff
3+ day, 8+ hour ago (161+ words) Several California newsrooms have been decimated in a brutal round of layoffs. McClatchy, the media giant behind The Miami Herald and The Sacramento Bee, announced the severe cuts Thursday, with some newsrooms losing as much as 40% of their staff. More…...
How much money it takes to be upper-middle class in California revealed in new study
5+ day, 13+ hour ago (356+ words) The cost of calling yourself affluent in California appears to be creeping ever higher. Newly-shared analysis reveals just how much cash you need in the Golden State to call yourself upper-middle class — and $156,000 per household is considered to be the…...
California-based diner chain files for Chapter 11 bankruptcy after 36-year run
1+ week, 1+ day ago (405+ words) Just over a month after closing its Calabasas location, a beloved Southern California diner chain is filing for Chapter 11 bankruptcy protection. Marmalade Cafe, which opened its first location on Montana Ave in Santa Monica in 1990, filed for Chapter 11 on Wednesday,…...
California utility CEO has meltdown at state over wildfire fiasco — with billions of dollars on the line
1+ week, 3+ day ago (487+ words) California’s largest utility is putting billions of dollars in planned investments on ice as its CEO lashes out at Sacramento over the state’s wildfire liability rules — warning that the company can no longer afford to move forward at its current…...
State Farm is finally being held accountable — by LA County
1+ week, 5+ day ago (400+ words) State Farm delayed, and denied, and dragged its feet for far too long — and now wildfire victims will have their day in court. LA County sued the Illinois-based insurance giant this week, alleging that the company broke California’s laws and…...
San Francisco’s drug-addled Union Square gets a rebirth with $75m bet from rookie real estate investors
1+ week, 5+ day ago (750+ words) Just two years ago, downtown San Francisco’s commercial real estate was in a grim position. Retailers fled and empty storefronts had turned Union Square — once the city’s crown jewel — into a state of disrepair, with open-air drug markets, homeless zombies…...
Gavin Newsom’s winery revealed as only one to get state payout for wildfires — as vineyard bosses explode
2+ week, 2+ day ago (555+ words) Gov. Gavin Newsom’s wine connections are raising eyebrows as his winery group becomes the only Napa operation to score a settlement after a devastating wildfire ravaged wine country. California wineries have been scrambling to recover from the 2025 Pickett Fire, which…...
California AG says no settlement talks scheduled with Paramount after confidential details leaked
2+ week, 5+ day ago (367+ words) California Attorney General Rob Bonta said on Tuesday there are no settlement talks scheduled with Paramount Skydance to resolve the antitrust suit seeking to block the studio’s proposed $110 billion acquisition of Warner Bros Discovery. Bonta said he canceled a scheduled…...
California bike store shuts down after 101-year run
2+ week, 5+ day ago (493+ words) After more than a century in business, and countless wheels in motion, a Bay Area institution is closing up shop. Hank & Frank Bicycles, founded in 1925, announced this week that its final day of business will be August 31. According to the…...