Los Angeles Daily

Tesla sales cratered in California for 7 straight quarters while rivals Toyota and Honda surge, report shows thumbnail
Los Angeles Daily

Tesla sales cratered in California for 7 straight quarters while rivals Toyota and Honda surge, report shows

The once-unstoppable electric-vehicle maker saw new car and truck registrations tumble 18.3% compared to the first half of last year, according to Experian...

Tariffs look like the ‘dog that didn’t bark’ to Wall Street, with inflation expected to take a one&time hit and Trump unlikely to enforce threats thumbnail
Los Angeles Daily

Tariffs look like the ‘dog that didn’t bark’ to Wall Street, with inflation expected to take a one&time hit and Trump unlikely to enforce threats

As markets shrug off the August 1 deadline, analysts warn that investor calm could embolden the White House to follow through—especially if economic...

Trump announces Philippine trade deal framework with 19% tariffs after meeting with President Marcos Jr. thumbnail
Los Angeles Daily

Trump announces Philippine trade deal framework with 19% tariffs after meeting with President Marcos Jr.

When asked whether the Philippines got the shorter end of the stick, Marcos said, “that’s how negotiations go.” President Donald Trump said he has reached...

Trump announces Japan trade deal that drops threatened tariffs from 25% to 15% and promises $550 billion investment in U.S. thumbnail
Los Angeles Daily

Trump announces Japan trade deal that drops threatened tariffs from 25% to 15% and promises $550 billion investment in U.S.

The president said Japan would invest “at my direction” $550 billion into the U.S. and would “open” its economy to American autos and...

Gupshup raises $60M in equity and debt, leaves unicorn status hanging thumbnail
Los Angeles Daily

Gupshup raises $60M in equity and debt, leaves unicorn status hanging

LOS ANGELES DAILY provides reliable, free, up-to-the-minute syndicated news to any media publication. LOS ANGELES DAILY is a network member of the Associated...

Activist retail investors take on Korea’s corporate laggards thumbnail
Los Angeles Daily

Activist retail investors take on Korea’s corporate laggards

A wave of grass-roots activism in South Korea is turning small investors into a surprising political force. South Korea’s small investors are trying...

Los Angeles tensions escalate as thousands take to the street to protest Trump’s National Guard deployment thumbnail
Los Angeles Daily

Los Angeles tensions escalate as thousands take to the street to protest Trump’s National Guard deployment

It was the third and most intense day of demonstrations against Trump’s immigration crackdown in the region, as the arrival of around 300...

‘Lilo & Stitch’ cruises to top of box office for third week, raising its take to over $750 million thumbnail
Los Angeles Daily

‘Lilo & Stitch’ cruises to top of box office for third week, raising its take to over $750 million

In just 17 days, it’s already made more domestically than the live-action “The Little Mermaid” did in its entire run ($298 million). In...

Meta reportedly in talks to invest billions of dollars in Scale AI thumbnail
Los Angeles Daily

Meta reportedly in talks to invest billions of dollars in Scale AI

Money Meta is discussing a multi-billion dollar investment in Scale AI, according to Bloomberg. In fact, the deal value could reportedly exceed $10...

WPP CEO Read to retire as ad group looks to reignite growth thumbnail
Los Angeles Daily

WPP CEO Read to retire as ad group looks to reignite growth

Read has helmed the British company for about seven years and has been with the company for more than 30 years. WPP Plc...