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Business
Column: GameStop isn’t the first stock market mania, and it won’t be the last
So you think the stock market frenzy in GameStop is something new under the sun?You’re not alone. Investment pundits pondering the ridiculous...
Business
Tesla Reports First Full-Year Profit
Tesla on Wednesday reported its first full-year profit, a feat 18 years in the making.The electric carmaker, which was founded in 2003, said it earned $721 million in 2020, compared to a loss of...
Business
Kevin Sorbo sells Westlake Village villa for $3.35 million
Kevin Sorbo, the actor from “Hercules: The Legendary Journeys,” made a journey out of his Westlake Village home sale. He just sold...
News
Fed keeps key interest rate near zero, maintains $120B in monthly bond purchases to hold down long-term rates
Christopher Rugaber
| Associated Press
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News
Stocks like GameStop and AMC are soaring. Thank investors on Reddit for the surge.
Brett Molina
| USA TODAY
It has been a big week for GameStop shares.The struggling video game retailer was trading above $330 a share Wednesday afternoon, more than double its close of $147 on Tuesday. At the...
Business
Little Island Announces Resident Artists
Ayodele Casel, Tina Landau, Michael McElroy and PigPen Theater Co. will shape the new public park’s performance programming for its first three seasons.A long-term residency at Little Island will give the theatermakers Tina Landau,...
Business
Fed Leaves Interest Rates Near-Zero as Economic Recovery Slows
Central bankers said the pace of the recovery had slowed. The Fed Chair will take reporter questions at a news conference.Federal Reserve officials left interest rates near-zero and pledged to continue making huge purchases...
Business
What Did Local Businesses That Closed Because of Covid Mean to You?
We want to hear about a special neighborhood establishment that shut down because of the pandemic, and what that loss has meant.The economic upheaval caused by the pandemic is changing communities across the country....