Headlines From The Times

The board of Warner Bros. Discovery rejects Paramount's hostile bid. Meanwhile, Nick Reiner appeared for the first time in Los Angeles Superior Court and was denied bail. And for nearly a year, Times reporters have been covering the rebuilding efforts in Pacific Palisades, following the devastating fires that destroyed thousands of homes. Meanwhile, Times reporters are reporting that four alleged members of a child sex abuse network have been charged; investigators say the group, CVLT, is mostly dismantled, but has splintered into another entity. Also, some exciting news for sports fans: it may be a bit easier to score tickets to the World Cup in 2026, with a new supporter entry tier for tickets at a fixed rate of $60. And, just up the 101 in Santa Barbara, the city's newspaper, the Santa Barbara News-Press, is back and with a new editor. In business, experts are saying L.A. County's $700 million estimate to retrofit its old headquarters is grossly inflated, and Instacart is facing backlash following an AI experiment that charged customers different prices for the same items.

The suspected gunmen of an antisemitic terrorist attack in Australia are a father and son, reportedly inspired by ISIS. In the U.S., the unemployment rate ticked up to 4.6%, the highest it's been in four years. Meanwhile, in Texas, the state is moving to expand conservative student clubs in public high schools, with Governor Greg Abbott emphasizing his support for Turning Point USA. Also, in Southern California, forecasters are monitoring a strong storm that's expected to reach the coast on December 23rd and last through Christmas Day. And, new reporting is showing the impact of Brendan Carr's leadership at the Federal Communications Commission on San Francisco-based station KCBS and beyond. In business, the company behind Roomba files for bankruptcy, and an Amazon warehouse near LAX sells for a record price.

Hollywood is mourning the death of Rob Reiner and his wife Michele Singer Reiner; their son, Nick Reiner, was arrested soon after on suspicion of homicide. Meanwhile, federal authorities say they stopped a New Year's Eve terror attack, targeting Los Angeles area businesses, arresting four people involved in the plot. In California, a growing teacher shortage is being made worse by a new Trump administration policy requiring employers to pay a one-time sponsorship fee for new H-1B work visas for international workers. And on the first night of Hanukkah, the Pacific Palisades community stood together for their 38th menorah lighting. In sports, the Los Angeles Rams rallied to beat the Detroit Lions and clinch a playoff berth. In business, homeowners who lost their houses in January’s LA wildfires say banks are denying or limiting mortgage forbearance, despite a state law promising up to a year of relief, and the podcast industry is being reshaped by a surge of AI-generated shows.

A federal judge rules that the Trump administration must withdraw the National Guard from Los Angeles, saying the deployment is no longer lawful. Australia becomes the first country to ban social media use for anyone under 16. The Federal Reserve issues its third interest rate cut of the year. Another court orders the release of Jeffrey Epstein’s 2019 grand jury records under the new transparency law. The Trump administration proposes a settlement that could remove millions from the SAVE student loan plan, while Congress extends the Secure Rural Schools Act. Candidate Tom Steyer opposes both Netflix’s and Paramount’s proposed acquisitions of Warner Bros. Discovery. Heavy fog disrupts travel across California’s Central Valley. In business, a major appliance chain abruptly closes, leaving customer orders in limbo, and personal finance columnist Liz Weston explains why everyone should have a will.

President Trump is in Pennsylvania on Tuesday, defending his record on affordability. New details in the Epstein investigation might emerge in the coming days after a federal judge in New York approved the Justice Department's request. Also, Nvidia shares are falling today after Trump announced Monday that the California-based company would be able to sell its H200 AI chip to approved customers in China. Meanwhile, the Federal Reserve is expected to again lower interest rates. In Los Angeles, Times reporter Karen Garcia profiled Joey Garcia, a working dad by day and a street parking defender by night. And Dodgers star Shohei Ohtani is named Male Athlete of the Year by The Associated Press. In business, Netflix's proposed buyout of Warner Bros. is sparking concern in the movie industry, while a closer look at Netflix's CEO, Ted Sarandos, reveals the road to the deal.