Trutanich: Firm Hired To Invest LA City Pensions Accused Of 'Institutional Deception'
A lawsuit alleges an investment firm hired to manage the public pension for city workers may have cost taxpayers nearly $100 million.
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A lawsuit alleges an investment firm hired to manage the public pension for city workers may have cost taxpayers nearly $100 million.
State Controller John Chiang warned Tuesday that California is quickly running out of cash to pay its bills.
City Councilman Ara Najarian wants to clear the air when it comes to unsightly signs in Glendale.
A proposal by California transportation officials to cut spending is drawing heavy criticism from Southland business owners.
Customers who have long enjoyed plunking down a dime for a cup of morning Joe will soon have to dig deeper in their pockets.
The Neighborhood Assistance Corporation of America will be in Ontario Thursday to help both struggling homeowners and prospective homebuyers.
The Los Angeles Lakers have surpassed the New York Knicks as the NBA's most valuable team, according to Forbes' annual report.
The number of tourists who visited Los Angeles went up in 2011, a 4.2 percent increase over 2010, and those visitors spent an estimated $15.2 billion.
The California State University board of trustees is set to consider capping raises given to newly hired campus presidents after an outcry over a $100,000 raise given to a new president last year.
A slumping housing market -- and struggling homeowners -- in the San Fernando Valley could soon get a much-needed boost from Washington.
The city of Ontario is making a $50 million bid to take back its airport, which has been owned and operated by the group that runs LAX for more than 25 years.
Airport officials joined Mayor Antonio Villaraigosa on Tuesday for a "hard hat tour" of a $1.42 billion renovation project at LAX.
The Disney Wonder will cruise out of the Port of Los Angeles later this year to launch a new series of trips from Miami.
Authorities on Monday sought the public's help in tracking down thieves who caused significant damage a Palmdale concrete company.
Some employees at Disney theme parks are about to get harrier. Starting on Feb. 3, male staffers will be allowed to sport facial hair while working for the first time in 60 years, according to Inside the Magic, a blog that covers all-things Disney.