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City National Bank is fined $65 million for risk control lapses – Los Angeles Times

City National Bank was fined $65 million by federal regulators Wednesday for failing to maintain adequate risk management and internal controls, including those related to money laundering. The bank, long known as L.A.’s “Bank to the Stars” for its close ties to the entertainment industry, has entered into a civil consent order with the Office […]

NASA space shuttle installed at future Los Angeles science museum

NASA’s retired space shuttle Endeavor was carefully hoisted late Monday to connect to its giant external fuel tank and two solid rocket boosters at the Los Angeles Museum, where it will be put on special display as if it is about to take off. . A giant crane began carefully lifting the 122-foot-long, 78-foot wingspan […]

Los Angeles Times, Sports Illustrated among media outlets announcing layoffs to start 2024

James Iorio, director of TJM Institutional Services, expects the economy to lag for a long time this year. Several mass media The company announced layoffs in January 2024 as economic challenges hit the industry. Business Insider, Los Angeles Times, TIME, and Sports Illustrated are among the publications that have scaled back editorial operations to rebuild […]

Former Los Angeles councilman sentenced to 13 years in prison in corruption case

Former Los Angeles City Councilman Jose Huizar was sentenced Friday to 13 years in prison in a corruption case involving cash bribes with a local real estate developer. U.S. District Judge John F. Walter imposed the sentence after receiving a letter from Mr. Huizar apologizing for his crimes. The former city councilor said he had […]

¿Por qué los estadounidenses no le dan crédito a Biden por una economía fuerte?

Economic growth is expected in 2023 and economic conditions may improve. Establish the highest security and strengthen infrastructure in all societies. «In general, le haido muy bien. This is a new record». 68% Safety Rate, Economic Growth Rate, Gallup Safety, Adult Safety, California Conditions Safety in 2023. Como «Maras» (45 %) or «Regular» (33 %) […]