July 2022

The U.S. Bank Tower in downtown Los Angeles is set to be sold for 34% less than the $650-million valuation it had in 2019.   (Richard Vogel / Associated Press)   California office spaces are expected to keep getting emptier and their rent prices will likely keep declining for years as the fallout of the …

LOS ANGELES (CBSLA) — Four months into the coronavirus pandemic, and the race to find disinfectant wipes continues.   “I figured the rush would be over and people would relax a little bit, but I think they’re still hoarding,” Sean Sphisak, a shopper, said. “There’s none,” Angel Gonzalez, another shopper, said. “I’ve gone to all these grocery …

Meghan McCarty Carino | July 22, 2022   Truck drivers blocked entrance to the Port of Oakland this week, shutting down some operations, and the ports of L.A. and Long Beach saw smaller demonstrations last week. All were organized to protest a California labor law, AB 5, that has run afoul of independent truck drivers, …