News: Loyola Marymount announces new Playa Vista campus in the heart of Silicon Beach

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Friday, February 10, 2017

Loyola Marymount announces new Playa Vista campus in the heart of Silicon Beach

In a move to bring students closer to the expanding tech center known as Silicon Beach, Loyola Marymount University will establish a new campus in Playa Vista for students in its School of Film and Television.

The university’s third campus will sit in the heart of coastal Los Angeles County known for its interest from tech giants, including Google, Facebook and Microsoft, as well as startups like Snapchat, according to a release from the university.

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U.S. stock indexes climb higher into record territory

U.S. stock indexes extended their climb into record heights early Friday, powered by rising energy prices. Oil and gas companies led the gainers as the price of crude oil headed higher. Utilities slid. Investors kept their focus on strong fourth quarter earnings and corporate deal news.

KEEPING SCORE: The Dow Jones industrial average rose 51 points, or 0.

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A new plan is emerging to stop the ‘Netflix tax’ in California, but it could set the table for later

A Los Angeles assemblyman introduced a bill on Jan. 31 blocking taxes on streaming video services in California until 2023.

AB 252 would halt the so-called “Netflix tax" dozens of cities in Southern California and throughout the state have been contemplating over the last year.

“I’m not saying they shouldn’t pay taxes, but we should be thoughtful about how it is applied," said Assemblyman Sebastian Ridley-Thomas, the author of the bill.

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Grammy Awards eye LA exit, with a New York state of mind

The Grammy Awards are gearing up to leave Los Angeles and head to New York next year, according to media reports.

Why? It depends on who you ask.

A source at Los Angeles City Hall, who did not want to be identified because she was not authorized to speak on the subject, told the Southern California News Group that New York officials want to host the 60th annual Grammy Awards show next year.

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Middle-class workers can’t afford to buy homes in L.A. County and the future looks dim

Oscar Sol has spent the past five months searching for a home he can afford to buy.

But so far, he has struck out.

“I’m looking for a condo or town home, something in the price range of $300,000 to $350,000," the 37-year-old North Hollywood resident said. “Homes are too expensive here so now I’m looking in Santa Clarita.

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Amazon to open more fulfillment centers in Redlands and Eastvale

Amazon will open two new fulfillment centers in the Inland Empire, in Redlands and Eastvale, adding 2,000 more jobs, the company announced Thursday.

The online retailer already operates similar centers in those two cities, as well as San Bernardino, Moreno Valley and Rialto.

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World’s eyes are on Twitter, but not enough people actually use it

NEW YORK – Many people have heard of Twitter. Not enough of them are signing up to use it.

Twitter’s role as a megaphone for the U.S. president, countless celebrities and businesses hasn’t attracted regular people to the service, not in the way Facebook has, or even Instagram and Snapchat.

The San Francisco company’s latest earnings report and dismal forecast suggest that this is unlikely to change any time soon.

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Stocks boom – and Dow 20,000 is back

Banks and other financial companies are leading U.S. stock indexes into record territory in midday trading Thursday. Investors are poring over earnings from Kellogg, Viacom and other companies. Energy stocks are also up as the price of crude oil heads higher. Utilities and real estate are lagging the market.

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