LA Wildfire Losses Seen as High as $164 Billion, UCLA Says February 5, 2025 By John Gittelsohn Economic losses from the fires that tore through Los Angeles County in January range from $95 billion to $164 billion,...
Malibu Firefighters Make Gains on Blaze as Wind Warnings Persist December 11, 2024 By Lauren Rosenthal and John Gittelsohn Firefighters made some gains containing a raging wildfire that threatens Malibu, California, even as the burn area doubled in size...
Hollywood Car Stunts Turn Into Real Crimes With Street Takeovers September 30, 2024 By John Gittelsohn California, the birthplace of hot rod culture and televised police chases, is cracking down on a surge in deadly street...
Thieves Swarm Luxury Malls in Southern California and Other Areas, Driving Retail Crime to $100B September 19, 2023 By John Gittelsohn It took just minutes for more than 20 thieves, clad in hoods and masks, to swarm the Nordstrom store in...
Washington Debates What to Do About Ransomware Payments, Cyber Reporting June 7, 2021 By Ros Krasny and John Gittelsohn More transparency is needed into what kind of cash payments are made after ransomware attacks, a top Democrat said, following...
Once Known as the ‘Bond King,’ Gross Retires After 40-Year Career February 5, 2019 By John Gittelsohn Bill Gross, who transformed bond investing over a storied four-decade career, is leaving the stage after a tough final chapter....
Pension Trustees Seek Corporate Disclosure of Sexual Harassment Costs, Policies January 15, 2019 By Emily Chasan and John Gittelsohn A group of trustees from some of America’s biggest public pensions are calling on companies to detail costs related to...
Guggenheim Exploring Deal with Munich Re’s Asset Management Unit June 21, 2018 By Sonali Basak and John Gittelsohn Guggenheim Partners is exploring the sale of a stake in its $250 billion asset-management unit overseen by Scott Minerd, according...
Gross Settles with Allianz’ PIMCO for $81M, Ending Bitter Legal Dispute March 28, 2017 By John Gittelsohn For Bill Gross, the long goodbye is finally over. More than two years after the legendary bond manager was ousted...
PIMCO Appoints Man Group’s Chief, Roman, as New CEO July 20, 2016 By John Gittelsohn Pacific Investment Management Co. named Emmanuel “Manny” Roman as its next chief executive officer, replacing Douglas Hodge, who presided over...