CalPERS Funds Stung By Stock Market Decline
The turmoil on Wall Street has hit the nation's largest public pension fund, which has lost about $18 billion off the value of its stock portfolio since July 1.
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The turmoil on Wall Street has hit the nation's largest public pension fund, which has lost about $18 billion off the value of its stock portfolio since July 1.
The Los Angeles City Council approved a tentative framework agreement with a private developer that wants to build a 72,000-seat NFL stadium on the city's convention center campus.
Standard & Poor's recent downgrading of the U.S. credit rating and the subsequent stock market plunge has local investors bracing for continued economic uncertainty. What are you doing to cope with and overcome the downturn?
Who doesn't own an iPhone, iPad or iPod? According to recent stock data, Apple not only dominates the electronics market, but the tech giant has surpassed Exxon Mobil as the most valuable company in the U.S.
Local investors are especially busy this week as they brace for continued economic uncertainty.
Residents across Los Angeles are rattled by the staggering stock market plunge. The stock market buckled Monday under the weight of a crisis in Europe and danger of recession at home. Reeling from a downgrade of American debt, the Dow Jones industrials plunged 634 points.
Knott's Berry Farm is looking for a few good ghouls to haunt thirteen mazes, seven live shows and four "scare zones."
An eyewitness to the raid claims county officials did not properly record the estimated $9,000 in cash that was confiscated in addition to cash listed on the warrant.
Another credit downgrade for two of the nation's biggest loan agencies could leave more Angelenos digging deeper into their pockets.
A Southland war veterans group gave high praise to the Obama administration for its plan to put more American servicemen and women back to work.
The unemployment rate in California is expected to top the national rate of 9.1 percent when figures for July are released in coming weeks.
Honda is recalling nearly 2.5 million vehicles, including its popular Accord sedan.
James Stewart, owner of Rawesome Foods in Venice, was arraigned Thursday morning in downtown Los Angeles.
The city council has voted to advance AEG's proposal for an NFL stadium in downtown Los Angeles.
The eight former Bell city officials who are accused of looting money from the city will ask to have their charges dropped.
