Los Angeles reached an agreement Monday with international Olympic leaders that will open the way for the city to host the 2028 Summer Games, while ceding the 2024 Games to rival Paris, officials announced.
The city of L.A. is exploring the idea of creating its own municipal bank, one that could aid an industry largely shut-out of conventional banking. Reporter: Steven Cuevas
Bail Reform Bill Brings Cost Concerns as it Moves Through State Legislature
California lawmakers are hammering out the details of SB10, a bail reform bill that’s passed the state Senate, but faces a tough political fight in the Assembly. One of the big sticking points is how to pay the costs of supervising defendants that are deemed risky. But where lawmakers see a mounting tab, some private companies see opportunity.
Reporter: Sukey Lewis