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The Daily Brief: Olympics Officially Begin, GameStop Short seller Hit With Federal Charges, and more.

Your daily update is here.

Author

Andrew Curry
July 29, 2024

Good Afternoon! It’s Monday, July 29.

With a high of 80°, we can expect sunshine all day in Los Angeles. The week ahead will have mild temps in the 70s and low 80s, but next weekend, things start to heat up again into the 90s.

2024 Olympics Officially Begin in Paris

The 2024 Paris Summer Olympics have officially commenced with a groundbreaking ceremony on the Seine river, marked by breathtaking performances from Lady Gaga and Celine Dion. This event made history by being the first Olympic opening ceremony held outside a stadium, captivating viewers worldwide as athletes sailed past the Eiffel Tower. Athletes, hosts, and performers combined for an unforgettable spectacle. Notable moments included Greece leading the Parade of Nations, with the largest-ever U.S. delegation of 594 athletes. LeBron James and Coco Gauff, the youngest-ever U.S. flag bearer, proudly represented the United States.

Stockbroker Central to GameStop Saga Hit With Federal Fraud Charges

Andrew Left, famed short seller from Citron Research, is charged with 19 counts of fraud for manipulating the market for personal gain, reportedly earning $16 million. Left allegedly used his platform to make fraudulent stock statements and misled federal investigators. Arraignment expected soon.

L.A.’s Best Casual Bites: Tacos, Burgers and Sandwiches Worth Seeking Out

Check out L.A.'s latest ultra-casual eateries that are redefining the dining experience! Whether you're in the mood for smoked whitefish tartine at Little Fish, kimchi rigatoni at Jilli Modern Sool Jib, or Frenchy tortas at Fabby's Sandwicherie, these tiny spots are dishing out big flavors. Don't miss the ultimate taco fusion at Mideast Tacos or the classic diner vibes at Rita's Deluxe. Which spot are you hitting up first?

What did you think of the Olympic Opening Ceremony?

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Vandalism at LA synagogue being investigated as possible hate crime: LAPD

The rabbi says the damage here from this incident alone will cost thousands. It's the second time Congregation Ahavas Israel was vandalized in recent weeks.

Outdated technology impacting solution to homeless crisis in SoCal, report says

Outdated computer systems with data containing errors are just another component that could be hampering efforts to get unhoused people off the streets, according to a new report.

First stretch of Hollywood Boulevard bike lanes just about finished

Work is all but complete for a new stretch of protected bike lanes on Hollywood Boulevard, LADOT announced last week. The project spans a more than two-mile stretch of Hollywood Boulevard between Hillhurst Avenue to the east and Gower Street to the west. That corridor includes places such as Barnsdall Park, Thai Town, Hollywood/Western Station, and the eastern terminus of the Walk of Fame.

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