Banking & Finance
In the wake of the devastating Palisades, Eaton and other wildfires that swept through Los Angeles County and beyond, Bank of America has taken a lead role in coordinating financial relief and reconstruction efforts.
Business
Wells Fargo, Chase and Bank of America were sued by the Consumer Financial Protection Bureau over alleged widespread fraud on the Zelle app, used by millions.
California
The glitch affected more than 20,000 customers across the country before it was fully resolved Wednesday night.
Consumer Goods & Retail
The Port of Long Beach will receive $283 million from the federal government to assist in building “America’s Green Gateway,” a rail project which will enable one of the nation’s busiest seaports to move more cargo by trains, speeding deliveries across the entire national supply chain, easing congestion and lessening local environmental impacts.
World & Nation
Mexico’s president pokes fun at Trump’s suggestion to change the name of the Gulf of Mexico to the Gulf of America.
China has begun to challenge U.S. hegemony in Latin America. The chaos of the Trump presidency may present it a new opportunity.
Opinion
Mere weeks into Donald Trump’s comeback presidency, many of his moves are making Americans less secure at home and abroad.
Housing & Homelessness
The Silicon Valley town of Portola Valley faces a financial emergency and state sanction after years of attempting to block affordable housing.
Los Angeles-headquartered City National Bank has announced the formation of its National Nonprofit & Institutional Banking team dedicated to providing nonprofit, institutional, professional advisors and other tax-exempt investors access to the broad financial resources and capabilities of the bank.
If we’re going to vote based on concerns about cost of living, we need to know what levers government can pull and which promises are plausible.