If you're enjoying this article, you'll love our daily newsletter, The LA Report. Each weekday, catch up on the 5 most pressing stories to start your morning in 3 minutes or less.National retailer Big Lots says it will begin holding going-out-of-business sales at its remaining stores because it still has not found a buyer to boost it from bankruptcy.released Thursday, however, it said it is holding the going-out-of-business sales to protect the value of the company.
A going concern deal is when a corporation up for sale is able to show that it still has enough resources to continue operating indefinitely, and does not need to be liquidated.Right now, your year-end gift will power local reporting for our community and help us end the year strong. Donate for the first time or increase your monthly donation to have a positive impact for independent and trusted journalism before the calendar flips to 2025.
The audit's findings highlight long-standing issues at LAHSA and raise new questions about how large pools of public money are being spent.L.A. politicians tried to resist President-elect Donald Trump’s policies during his last term. What can they do to fight this time?A fast-burning fire in the mountains was pushed by exceptionally strong and dry Santa Ana winds, burning thousands of acres, destroying homes and forcing evacuations.As an OC supervisor, Michelle Steel awarded a $1.
The contract Steel directed to her campaign mail vendor in 2020 charged taxpayers about $24 per meal, three times as much as vendors charged in two other Orange County supervisor districts, according to an LAist review of contracts.This little-known alien abduction case happened in LA’s backyard.