Bitcoin hits record high after Trump’s decisive win

The price of a bitcoin soared to a record high of more than $87,000 on Monday,…

Endeavor sells OpenBet, IMG Arena for $450 million in Ari Emanuel-backed management buyout

Beverly Hills-based Endeavor announced Monday it will sell sports betting firm OpenBet, in a management buyout…

AI startup funding hit record in L.A. area last quarter. Who got the most?

The Bay Area has long held the title for attracting the most venture capital funding in…

EV maker Rivian falls short of revenue projections for third quarter

Electric vehicle maker Rivian missed Wall Street’s expectations for revenue on Thursday with sales coming in…

LeBron James’ SpringHill, ‘Kardashians’ producer in talks to merge

LeBron James’ production company, the SpringHill Co., is in talks to merge with Fulwell 73, the…

Overnight lines and mall fights: Labubu mania comes to America

Every few Fridays, in the middle of the night, a line forms outside the Pop Mart…

TGI Fridays files for bankruptcy protection, joining struggling peers

The American casual restaurant chain TGI Fridays filed for Chapter 11 bankruptcy protection on Saturday, citing…

B. Riley-backed Vitamin Shoppe owner files for bankruptcy

Franchise Group, the company at the heart of a troubled management buyout that has devastated the…

L.A. County sues Pepsi and Coca-Cola over plastic pollution

Los Angeles County has filed suit against the world’s largest beverage companies — Coca-Cola and Pepsi…