Recent Posts
News•Feb 27, 2026
Hiltzik: U.S Stocks Rose in 2025, but Thanks to Trump, Foreign Stocks Did Much Better
U.S. equities posted a solid 17.9% gain in 2025, but the MSCI World ex‑USA index surged over 32%, outpacing the S&P 500 by nearly double. The United States slipped to 21st place among 23 developed markets, while Austria and Spain led with 86% returns. Analysts point to elevated U.S. price‑to‑earnings multiples, AI‑centric valuation risks, and President Trump’s tariff and dollar‑policy volatility as drivers of the shift. The divergence underscores a broader reallocation of capital toward cheaper, higher‑growth overseas markets.
By Los Angeles Times Business
Deals•Feb 23, 2026
KPC Development to Acquire Oceanwide Plaza for $470M
California real‑estate developer KPC Development Co., led by Kali P. Chaudhuri, has emerged as the buyer of the graffiti‑covered Oceanwide Plaza in downtown Los Angeles for $470 million, pending bankruptcy‑court approval by April 9. The acquisition, filed with partner Lendlease, aims to...
Los Angeles Times Business
News•Feb 19, 2026
County Prosecutors Probing Whether Edison Should Be Criminally Charged for Eaton Fire
Los Angeles County prosecutors are examining whether Southern California Edison (SCE) bears criminal responsibility for the Eaton wildfire that killed 19 people and razed much of Altadena. Edison’s CEO cited a century‑old, idle transmission line that may have re‑energized and...
By Los Angeles Times Business