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| March 24, 2017

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After scandal and shakeup, Banc of California wants to be boring again

March 20, 2017 |

Banc of California was at a high point last summer.

The Irvine lender’s assets had topped $ 10 billion, a milestone for a bank that had assets of less than $ 1 billion just five years earlier. Impressed investors sent its notoriously cheap stock to a post-recession high.

And in August, its ambitious…


L.A. Times – Business

With housing costs skyrocketing, rent control is on the docket again in Sacramento

March 18, 2017 |

Amid California’s housing crisis, several state lawmakers want to give cities the ability to dramatically expand rent control, including imposing the kind of strict limits that once existed in Santa Monica and West Hollywood but have been barred since the 1990s.

A bill that would do so, introduced…


L.A. Times – Business

The U.S. hit its debt limit again. Now Treasury is maneuvering to avoid a default until Congress acts

March 16, 2017 |

The U.S. hit its debt limit again on Thursday — a whopping $ 19.9 trillion this time — and the Treasury Department started using accounting maneuvers to buy Congress several months to raise it to avoid a potential federal government default.

The statutory limit on borrowing has become a partisan…


L.A. Times – Business

Somali Pirates Strike Again

March 14, 2017 |

Somali pirates have reportedly hijacked an oil tanker, marking the first such taking of a commercial ship since 2012. The Aris 13 reported being followed by two skiffs—including one carrying armed men—while carrying fuel from Djibouti to Mogadishu on Sunday, a rep for Oceans Beyond Piracy tells Fox…
Newser

TMZ

Muhammad Ali Jr. Stopped Once Again at Airport, Claims Religious Profiling

March 11, 2017 |

Muhammad Ali’s son was stopped and questioned again at another airport … and his lawyer says  the TSA is lying by trying to minimize the incident. Muhammad Ali, Jr. was at Reagan National Airport Friday when he tried checking in for a flight…

TMZ.com

TMZ

RGIII Says He’ll Play Again … ‘If It’s God’s Will’

March 10, 2017 |

RGIII says it’s up to God whether he’ll play NFL football again … with sources close to the QB saying he believes everything happens for a reason … including losing his job. Griffin was cut from the Browns earlier Friday … and there’s been…

TMZ.com

TMZ

NBA’s Nick Young Burglarized AGAIN … Entire SAFE Stolen

March 9, 2017 |

The celebrity burglary thiefstravaganza continues … this time, crooks struck the L.A. home of Lakers star Nick Young (again!) and made off with $ 500k in cash and jewelry after taking his entire safe!!!  Law enforcement sources confirm ……

TMZ.com

China’s Premier: ‘We Will Make Our Skies Blue Again’

March 5, 2017 |

Chinese Premier Li Keqiang pledged Sunday to make the country’s smoggy skies blue again and “work faster” to address pollution caused by the burning of coal for heat and electricity. His words to delegates at the opening of the annual National People’s Congress highlight how public discontent has made reducing…
Newser

California again outpaces U.S. in job growth as state unemployment rate drops to 5.1%

March 4, 2017 |

The California economy started 2017 on a strong note, with employers adding a net 9,700 jobs in January and the unemployment rate dropping to 5.1%, according to data released by the Employment Development Department.

January was a banner month for the country — which gained a net 227,000 new jobs….


L.A. Times – Business

TMZ

Larsa & Scottie Pippen Together Again

March 4, 2017 |

It looks like Scottie and Larsa Pippen have come to a full reconciliation … letting everyone know their divorce is seemingly a thing to be left in the past. Larsa posted a pic of the two Saturday and it’s got “happy couple” written all over…

TMZ.com