Vivendi, the parent company of Santa Monica-based Universal Music Group, sold a 7.1% stake in UMG for $2.8 billion to Pershing Square Holdings Ltd., an investment firm managed by billionaire Bill Ackman.

LAcarGuy reported $837 million in revenue for 2020, a decrease of almost 20% from 2019, according to Business Journal estimates. It ranks No. 30 on this year’s list of the largest privately owned companies in Los Angeles County.

Innovation should come from true needs, writes Jason Williamson], global head of Oracle for Startups and Oracle for Research. Think sustainability, food security, prolonging life and promoting diversity,

For starters, Californians should not elect a replacement governor when the lieutenant governor could take over, columnist George Skelton writes.

The pro athletes head into the waters of San Francisco Bay at the start of the 40th annual Escape from Alcatraz Triathlon in San Francisco on Sunday, August 15, 2021. Ben Kanute and Emma Pallant-Browne were the first place finishers.

Hotel sales are hitting record highs, surpassing not only 2020 but 2019 levels as real estate investors who waited out early waves of the pandemic finally look to spend. In the first six months of the year,

ANDREW Cuomo’s ex Sandra Lee and her new boyfriend Ben Youcef are “really enjoying each other,” as engagement rumors continue. Lee, 55, and Youcef, 42, recently sparked engagement rumors after Lee

Donations can be made to the Mike Finnegan Health and Wellness Scholarship Fund on his GoFundMe page, or on the Cincinnati Scholarship Foundation website.

Swimmers have been warned to take caution when visiting a Los Angeles beach, a month after 17m gallons of raw sewage were pumped into Santa Monica Bay. The Los Angeles County Department of Public Health officials issued an ocean water use warning on Friday after bacteria levels at Mother’s Beach in Marina Del Rey exceeded state standards.

The leading cause of abdominal obesity is diet. “Clean up your diet by reducing processed foods,” said Doctor Ross.