Los Angeles

Uber’s big new update lets you book party buses, electric vehicles and more — here’s what’s new
Dara Khosrowshahi, chief executive officer of Uber Technologies Inc., smiles during a Bloomberg Technology television interview in San Francisco, California, U.S., on Tuesday, Dec. 14, 2021. David Paul Morris | Reuters Uber announced its latest slate of updates Monday ahead of what’s expected to be a busy travel and events season. The features, announced during […]
Read More
U.S. inflation hot spots happen to be pandemic-migration hot spots
Some of the hottest pandemic-migration destinations also happen to be home to the hottest regional inflation rates. The relationship between migration and inflation has strengthened significantly as more people relocate from expensive coastal cities to more affordable metro areas, according to an analysis released by Redfin on Tuesday. “We saw an acceleration of inflation happen […]
Read More
Hit with an unexpected tax bill? It’s time to adjust your withholdings
Georgijevic | E+ | Getty Images If you had a surprise tax bill this filing season, it may be time to adjust your withholdings, financial experts say. Whether you’re a W-2 employee or self-employed, the IRS expects an ongoing piece of your income, paid through withholdings or quarterly payments. As of April 8, nearly 68% of […]
Read More
Distressed sales and 9-figure discounts: Hard-to-sell mega-mansions find a last resort at real estate auction
An aerial view of the grounds of Villa Firenze in Beverly Hills, California. Concierge Auctions When high-priced mega mansions for sale languish on the market — sprawling, flashy and unable to attract a buyer — some owners turn to a double-edged option: a real estate auction. The auction block can move trophy properties with nosebleed-worthy […]
Read More
Charlie Munger-linked Daily Journal cuts Alibaba stake in half
Daily Journal, the Los Angeles-based newspaper company tied to Charlie Munger, just slashed its holding in Chinese ecommerce giant Alibaba in half. Source
Read More
Inside the $87 million hilltop palace for sale in Beverly Hills
Private drive leading to the main residence at 1420 Davies Dr in Beverly Hills. Joe Bryant “For a person who likes this style there’s nothing like it, that’s why we feel bullish on the price,” listing agent Aaron Kirman of the Aaron Kirman Group told CNBC. The palatial main residence reigns over 90210 from an […]
Read More
Here’s what’s inside the nearly $140,000 gift bag given to Steven Spielberg, Will Smith and other Oscar nominees
The Oscars are on Sunday, and Los Angeles will soon be awash in designer gowns, famous movie stars and high-price gift bags. For the 20th consecutive year, LA-based marketing company Distinctive Assets is distributing its famously expensive “Everybody Wins” gift bags to select nominees. This year’s bag is valued at just over $137,000 and includes […]
Read More