Browsing: Business

The estate of the British tycoon killed when his luxury superyacht sank off the coast of Sicily was ordered to pay over $1.2 billion stemming from…

Irwin Simon, who famously pivoted to legal weed after making a name for himself building an herbal tea empire, is expanding his company’s beer offerings. Tilray…

JPMorgan Chase Chief Executive Jamie Dimon said on Tuesday he was “a little optimistic” about the long-term prospects for stability in the Middle East despite the short-term risks…

United Airlines’ top executive warned ticket prices could jump as much as 20% if oil stays elevated amid the Iran war. United CEO Scott Kirby told…

Epic Games said Tuesday it would cut more than 1,000 jobs after a drop in engagement for “Fortnite,” its flagship title, the latest cuts in the video-game…

CNN is set to lay off staffers this week as boss Mark Thompson presses ahead with a sweeping digital overhaul — with deeper cuts looming as…

The head of the International Energy Agency said Monday that at least 40 critical energy assets across nine countries in the Middle East have been “severely…

It’s no secret that the local TV news industry is undergoing a massive transformation.  Ellina Abovian — the longtime KTLA reporter who was fired from the…

A California town that once spurned the fast food giant In-N-Out is trying to bring the burger chain back more than two years later. Back in…

David Simon, who led the largest mall company in the US, died Sunday after a battle with pancreatic cancer, his family’s real estate company said Monday.…