Laurence Darmiento covers finance, insurance, aerospace and dealmakers in Southern California for the Los Angeles Times. He joined the paper in 2015 as an assistant Business editor and has overseen finance, real estate and Washington business coverage. Previously he had been the managing editor of the Los Angeles Business Journal and was a reporter for the Los Angeles Daily News and other outlets. A New York native, he is an alumnus of Cornell University.
Latest From This Author
Tustin-based Virgin Galactic moved its first six-passenger Delta-class ship to New Mexico for months of testing, hoping to revive space tourism after retiring its previous plane in 2024.
Musk said that aerospace firm SpaceX and EV carmaker Tesla were considering a tie-up, confirming speculation that what would be the biggest corporate merger ever is a real possibility.
California continues to see companies large and small move to Texas and other states, citing taxes, high costs and regulations. Is the business environment really as bad as it seems?
After a stellar SpaceX earnings announcement, Chief Executive Elon Musk said the rocket company is considering a merger with Tesla, the electric car company he also helms.
At least nine California federal lawmakers are among elected officials sent suspicious letters this week containing a white powdery substance.
After complaints by January 2025 fire victims about withheld insurance payments, California regulators have ordered mortgage lenders to report on how they have handled the funds.
Los Angeles County looks into the claims practices of the California FAIR Plan, the state’s insurer of last resort, after January 2025 wildfire victims’ complaints.
The UCLA Anderson Forecast predicts California’s economic growth will continue but with only meager jobs gains.
State Sen. Ben Allen (D-Santa Monica) is facing off against former San Francisco Supervisor Jane Kim in the race for California insurance commissioner.
Gov. Gavin Newsom approved wildfire insurance reforms, but vetoed bills cracking down on claims-handling practices that drew complaints from January 2025 fire victims.