With a decision expected tomorrow on whether Los Angeles County will re-impose an indoor mask-wearing mandate due to the rise in cases from the more infectious BA.5 variant, the city of El Segundo today added its name to the list of local cities that will decline to enforce such a […]

The legal tussle with her father and former business manager is far from over, but Britney Spears will not have to face her foes’ lawyers directly any time soon. At an ongoing hearing in downtown Los Angeles on Wednesday, Judge Brenda Penny ruled that the former Princess of Pop will […]

Facebook parent Meta Platforms Inc. (META) Wednesday reported its second-quarter results, with both earnings and revenues missing Wall Street estimates, as the social media giant reported its first revenue decline. The company’s shares slipped over 4% in extended trading session after the company forecast third-quarter sales below Street estimates. Menlo […]

EXCLUSIVE: The Salon South Asian Mentorship Program revealed its Class of 2022, led by Disney’s Reena Singh, Hillman Grad’s Rishi Rajani, WME agent Bash Naran, actor/writer Nik Dodani, and actor/producer Vinny Chhibber. The Salon is a forum for South Asian artists and executives in entertainment to connect and collaborate, share […]

A report released by the National Association of Realtors on Wednesday showed existing home sales in the U.S. tumbled by much more than expected in the month of June. NAR said existing home sales plunged by 5.4 percent to an annual rate of 5.12 million in June after slumping by […]

Silk Road Medical Inc. (SILK), a medical device company, expects to turn in double-digit revenue growth this year too, thanks to growing adoption of TCAR. Transcarotid Artery Revascularization, or TCAR in short, is a minimally invasive procedure that can clear blockages and open a narrowed carotid artery. It is estimated […]

‘It is building the country’s infrastructure, and delivering it very efficiently.’ Apart from pressures on the current account and inflation, India is in a strong position and there are enough causes for optimism, economist Professor Arvind Panagariya, former vice-chairman of the NITI Aayog, tells Arup Roychoudhury/Business Standard on the sidelines […]

Twitter has set a Sept. 13 date for a special meeting of shareholders to vote on its sale to Elon Musk. It’s the month before a trial set for October in Delaware Chancery Court where the social media company hopes to force the billionaire Tesla founder to actually follow through […]

Alphabet, parent of Google and YouTube, missed Wall Street analysts’ forecasts with $69.7 billion in revenue and earnings per share of $1.21. YouTube ad revenue climbed just 5% from the year-ago period, reaching $7.34 billion. Last week, downbeat advertising reports from tech firms Twitter and Snap Inc. sent a shiver […]

For months, Americans have been quitting their jobs in record numbers. Quits hit an all-time  high of 4.5 million in November 2021 and have hovered near that mark every month since. While monthly quits remain at historic highs, in much of the country, what some have called the Great Resignation, […]