Los Angeles

Short seller Andrew Left surrenders on securities fraud charges in LA, due in court

The activist short seller Andrew Left surrendered in Los Angeles on Monday to face federal criminal securities fraud charges, a…

Short seller Andrew Left of Citron charged with fraud by prosecutors, SEC

Federal prosecutors have criminally charged the activist short seller and analyst Andrew Left with securities fraud related to allegedly using…

Fugitive ex-CEO of investment firm arrested on securities, wire fraud charges

A former investment company CEO who previously appeared as a paid contributor to CNBC was arrested on fraud charges after…

Feds raid Sean Combs homes in LA and Miami as part of criminal probe in New York: NBC News

Federal agents raided homes owned by hip-hop mogul Sean Combs in Los Angeles and Miami as part of a criminal…

Prison inmate led scheme swindling U.S. out of $550 million in Covid tax credits, feds say

A California prison inmate locked up on a gang-related murder conviction led a scheme that defrauded the U.S. government out…

Biden fundraising ‘dream team’ creates $140 million war chest to take on Donald Trump

President Joe Biden’s $140 million campaign war chest has been bolstered by a group of loyal advisers and fundraisers that…

Trader Joe’s appeals dismissal of lawsuit claiming labor union violated trademark

Trader Joe’s is asking a federal appeals court to reverse a judge’s scathing dismissal of the grocery store chain company’s…

U.S. engineer contacted China before stealing missile tracking tech, DOJ says

Federal prosecutors charged an engineer who worked at a Los Angeles-area company with stealing trade secret technologies developed for use…

Striking unions impacting the economy at a level not seen in decades

The auto workers’ strike is the latest in a series of labor-management conflicts that economists say could start having significant…

California braces for more flooding after Hilary drenches Los Angeles with record rain

California was bracing for more flash flooding on Monday as the first tropical storm to hit the state since the…