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The California Report

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Los Angeles Makes Deal to Host 2028 Olympic Games

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.

Los Angeles Looks Into Creating A Bank for Cannabis Industry

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

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