An average of 30 container ships a day have been stuck outside the Ports of Los Angeles and Long Beach just waiting to deliver their goods. The backlog is part of a global supply-chain mess spurred by the pandemic that means consumers could see delivery delays for weeks. Photo Composite: Adam Falk/The Wall Street Journal
Located in exclusive Three Arch Bay, this stunning coastal-contemporary oceanfront estate showcases magnificent views from an unparalleled bluff-top setting. The spacious residence encompasses nearly 5,000 square feet of luxury living including separate guest quarters. Beauty surrounds with turquoise water, crashing waves, a pristine private beach and the coastline beyond. The gated courtyard entry meanders past a koi water garden toward jaw-dropping views from the moment you enter the home. Soaring ceilings and walls of glass perfectly frame the picturesque views. Sunsets cast a warm glow backdrop as you entertain or relax in this comfortably chic waterfront retreat. The wide lot takes full advantage of the panoramic vistas and an enviable vantage point directly across the 3 arches of Three Arch Bay and scenic tide pools below.
Two California wine companies are going public this spring, the first major wineries to do so since the late 1990s. Winemakers explain the lessons of past stock offerings from wineries like Mondavi and Ravenswood and why they think the time is now right to join the IPO fray. Photo: Jake Nicol/WSJ
Mount Hollywood is a fantastic, short hike in the Griffith Park area of Los Angeles. The hike leaves from Griffith Observatory and it has some of the best views in the city as you make your way up. Along the way, be sure to stop and take in the views of the Hollywood Sign, Captains Roost and Griffith Observatory. Let me know what you think about this hike in the comments.
“Sunday Morning” goes sky-gazing at Greenbrae, California, where flocks of starlings are performing aerial acrobatics known as murmurations. Videographer: Lee McEachern.
Los Angeles is a sprawling Southern California city and the center of the nation’s film and television industry. Near its iconic Hollywood sign, studios such as Paramount Pictures, Universal and Warner Brothers offer behind-the-scenes tours. On Hollywood Boulevard, TCL Chinese Theatre displays celebrities’ hand- and footprints, the Walk of Fame honors thousands of luminaries and vendors sell maps to stars’ homes.
Water is fundamental to life, yet it’s also a scarce commodity. In many cases, greed and mismanagement are causing this life-giving essential to run dry. What happens when water is monetized? From Australia to California, from New York to London and Brussels, this investigative documentary tells the story of the global struggle over water.
Following rushes to secure gold and oil, the age of the water rush is now here. As well as growing populations and expanding agriculture, there are the problems of environmental degradation and climate change. Global demand for water is skyrocketing. By 2050, at least one in four people will live in a country with a chronic water shortage. The situation has awakened the greed of giant financial institutions, which are going on the offensive, investing billions in the sector. Goldman Sachs, HSBC, UBS, Allianz, Deutsche Bank and BNP are among those pouncing on the commodity known as “blue gold.”
But can fresh water really be considered a commodity on par with oil, coal or wheat? Should the players in these markets – banks and investment funds – be allowed to bet on the value of water? Will concern for profits undermine water’s essential function? Or should this precious resource be declared off-limits to financial speculators? A battle has broken out between those who advocate the monetization of water, and those who defend it as a human right. It’s a battle being fought on many fronts: ideological, political, environmental and, of course, economic. And the fate of the nearly ten billion inhabitants of our planet hinges on its outcome.
“Sunday Morning” takes us to a Redwood forest and creek in Los Gatos, California, a quiet home for the humble newt. Videographer: Lance Milbrand.
The California newt or orange-bellied newt, is a species of newt endemic to California, in the Western United States. Its adult length can range from 5 to 8 in. Its skin produces a potent toxin.
Tesla’s gigafactory and Apple’s second-largest campus aren’t the only big businesses coming to Texas. From Oracle to Hewlett Packard Enterprise, Elon Musk to Joe Rogan, Texas has lured an increasing number of big businesses and billionaires away from California since the pandemic began. While California’s population and job growth both slowed to a trickle, Texas added more residents than any other state in 2020. CNBC talks to those moving and longtime Texans about the reasons behind the trend and what it could mean for the future of the Lone Star State.
Lake Tahoe is a large freshwater lake in the Sierra Nevada Mountains, straddling the border of California and Nevada. It’s known for its beaches and ski resorts. On the southwest shore, Emerald Bay State Park contains the 1929 Nordic-style mansion Vikingsholm. Along the lake’s northeast side, Lake Tahoe Nevada State Park includes Sand Harbor Beach and Spooner Lake, a gateway to the long-distance Tahoe Rim Trail.