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Insurance is expected to cover the costs of the incident that poured about 3,000 barrels of crude oil into the Pacific Ocean.
As flames lit up Bel-Air, the thousands of works of art in the Getty Center hung unperturbed. Nobody did anything to them. They didn't have to.
Prices may fall as much as 5% in the next 12 months amid tightened regulations, a wall of debt maturities and property sales by publicly traded landlords.
Fire engulfed a huge apartment complex under construction in downtown Los Angeles, closing freeways and snarling traffic for Monday-morning commuters.