Local crime, high school sports, county politics, events tonight, and business closings — the daily Greater Los Angeles report from HERE Los Angeles.
SportsLOS ANGELES, Calif. — Los Angeles’ undefeated UCLA has posted its best-ever showing in the College Football Playoff rankings. The Bruins moved up four spots to No. 4 in the committee’s top 25 released Tuesday night, and at 9-0 they are one of only two…
Education
LOS ANGELES, Calif. — Parents, students and teachers rallied outside several Los Angeles Unified School District campuses Tuesday, then took their case to district headquarters downtown, to oppose a plan that would cut $10 million a year in supplemental funding from 42 LAUSD-affiliated charter schools. Organizers say the reduction would…
From Merger Monday
If you wanted to raise money this week, you could. If you wanted someone’s permission, good luck. Start with the money. Anthropic’s IPO book was covered several times within a day of launch, and its bankers are talking about raising the price. Alphabet went looking for about $3 billion in Hong…
From Merger Monday
Pizza Hut is borrowing against its franchise checks. The pizza chain is marketing about $1 billion of bonds backed by the royalties its restaurant owners pay, a first for the brand and a sign of how its new private-equity owner plans to finance the business. The deal is a whole-business securitization,…
From Merger Monday
EPR Properties turned to the convertible market to refinance debt coming due next month, selling $500 million of notes that give buyers a shot at its stock. The Kansas City real-estate investment trust, which owns theaters, ski resorts, water parks and other experiential properties, priced 4.5% convertible senior notes due February…
Politics
LOS ANGELES, Calif. — Mayor-elect Nithya Raman walked into the Los Angeles City Council chamber on Tuesday for the first time since winning the mayor’s race, and the colleagues she will soon lead lined up to praise her. Every council member who attended spoke warmly about their time working with…
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