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LA City Council Approves New Rules for Banks After Wells Fargo Scandal and Dakota Pipeline Access

The Los Angeles City Council Wednesday approved more stringent rules for banks that want to do business with the city, which could result in Los Angeles divesting its funds from Wells Fargo over its fake accounts scandal and support of the Dakota Access Pipeline.

CEOs Report Record Economic Optimism As GOP Tax Bill Progresses

American corporate leaders are increasingly upbeat about growth in the world's largest economy as lawmakers prepare to enact deep tax cuts, the Business Roundtable said Tuesday.

Wall Street Rally Surges S&P,DJI, and Nasdaq

 Wall Street was back in rally mode Monday, with the Dow and S&P 500 finishing at records as Apple, Facebook and other tech shares posted strong gains.

Stock Markets Drop On Trump Tax Concerns

Stock markets dropped Monday and the dollar slid on concerns that the collapse of President Donald Trump's repeal of Obamacare could leave him struggling to push through his promised tax-cut and infrastructure spending policies.  

U.S. and European Stocks Soaring to Record-Breaking Highs, Reflects Growing Optimism

(AFP ) European equities surged and US stocks hit fresh records Wednesday in anticipation the European Central Bank will extend its stimulus, and amid optimism about the American economy after the presidential election.

Robert Vaughn, A.K.A. Napoleon Solo, The Man from U.N.C.L.E, Dead at 83

Robert Vaughn, best known for his role as Napoleon Solo on the hit US television spy series "The Man from U.N.C.L.E" died Friday of acute leukemia aged 83, his manager said.

S&P Downgrades UK AAA Credit Rating Post Brexit Vote

 Ratings agency Standard & Poor's removed the United Kingdom's coveted AAA status on Monday because of its vote to leave the European Union, downgrading it by two notches with a long-term negative outlook.

US Urges Peaceful Separation As EU Reels from Brexit Vote

 The leaders of Germany, France and Italy vowed Monday "a new impulse" for the EU as it reels from Brexit and told London that the bloc would make no deals before Britain formally decides to leave.

Germany’s Bayer Offers $62 Billion for Monsanto

 German pharmaceuticals giant Bayer on Monday said it had offered $62 billion for US agriculture group Monsanto in a move which would create the world's biggest supplier of seeds, pesticides and genetically modified crops.

Ralphs Grocery Store Announces Hiring Event At All Southern California Supermarkets

Ralphs Grocery Co. announced today that hiring events will be held at all of its Southern California supermarkets on Saturday to fill 400 open positions companywide.  

US Supreme Court Confirms Iran Must Return $2 Billion Frozen Assets to Survivors

 The US Supreme Court ruled Wednesday that Iran must hand over nearly $2 billion in frozen assets to survivors and relatives of those killed in attacks blamed on the Islamic republic.

Former Slave Harriet Tubman to be New Face on $20 Bill

Celebrated former slave Harriet Tubman will replace the late president Andrew Jackson on the $20 banknote, the first time an African-American has appeared on US currency, a Treasury official said Wednesday.

Beverly Hills News – Panama Mulls Retaliation If France Places It On Tax Shelter List

Panama's government vowed Sunday to "vigorously cooperate" with any legal probe that might be launched in the wake of the "Panama Papers" data leak.

Beverly Hills News – Marriott Sweetens Bid for Starwood; Beats Out Chinese Offer and Stocks Rise

 Wall Street stocks notched modest gains Monday as merger news, including another twist in the takeover battle for Starwood Hotels & Resorts, lifted the market.

U.S. Bank Tower Obtains Glass Slide for Thrill Seekers, 70 Stories High

A 45-foot glass slide was airlifted into place today near the top of downtown's U.S. Bank Tower, where it will soon take visitors on a one-of-a-kind thrill ride 70 stories above the ground.

Beverly Hills News – Federal Court Approves Freedom Communications Sale to Digital First

A spokeswoman for Tribune Publishing today said the company is reviewing its options after a federal judge approved a temporary restraining order to block Tribune's purchase of the Orange County Register and the Riverside-based Press-Enterprise.
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