Headlines From The Times

Nvidia is making a big bet on itself. The chipmaker authorized what it calls the largest stock buyback in history, adding $150 billion to its existing program and bringing its total authorization to $235 billion.

Meanwhile, the Chargers are still looking for their 1st win after a 24-16 loss to Buffalo. L.A.’s defense forced 5 turnovers, but the offense turned those takeaways into just 10 points. The Chargers also settled for 3 field goals on 4 red-zone trips as Justin Herbert & the offense struggled to capitalize.

And, the Rams fell to 1-2 after blowing a 16-0 halftime lead in a 30-26 loss to the Denver Broncos. Matthew Stafford threw for 390 yards & 2 touchdowns, while Davante Adams added 137 receiving yards. But 2 costly interceptions helped Denver complete the comeback, including a 66-yard pick-6 in the 4th quarter. The Rams now head to Philadelphia to face the Eagles.

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Diesel prices are hitting record highs, averaging $6.50 a gallon, up more than 70% since the start of the Iran war, according to AAA. The spike comes right as U.S. farmers are harvesting corn and soybeans, two of the country's largest commodities. Missouri farmer Jason Kurtz says he's paid twice as much for diesel this year. Farmers are also experiencing elevated costs for fertilizer and chemicals.

Because diesel also powers much of the nation's supply chain, those costs could eventually show up in grocery prices. Now the Trump administration is weighing a 90-day export ban, though the U.S. Chamber of Commerce and industry groups are against the proposal.

Meanwhile, the Rams bounced back with a 28-6 win over the Giants as Matthew Stafford threw 4 touchdowns, Davante Adams finished with 195 receiving yards & Aaron Donald made his return. Now the Rams head to Denver for Sunday Night Football, while Puka Nacua’s status remains unclear.

And, the Chargers are still searching for their 1st win after a mistake-filled 26-14 loss to the Raiders. L.A. fumbled 6 times & turned the ball over 3 times. Now Justin Herbert & the Chargers head to Buffalo to face Josh Allen & the 2-0 Bills.

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CNN, MS NOW and Politico are suing the Trump administration after their reporters were denied entry to the White House and stripped of their press credentials.

The news organizations say the credentials were pulled without “notice or process,” while President Trump says he's blocking them over reporting he calls "fake news." The case has been assigned to the same federal judge who sided with CNN in 2018 when one of its journalists was blocked from covering the White House, and a hearing is set for Wednesday. Meanwhile, the White House press pool, which includes CNN, ABC, CBS, NBC and Fox, suspended its shared coverage of the president on Monday in solidarity.

And, California’s High-Speed Rail Authority approved more than half a million dollars in wasteful and unexplained travel spending that included first-class and premium flights, international travel and rideshare trips to an escape room, a night club and a cigar lounge in Washington, D.C., according to a new report.

The authority spent more than $2 million in travel costs for four consulting firms from June 2024 to April 2026, according to the report released this week by the agency’s inspector general. In addition, the authority failed to comply with state law requiring it to consider the business need for travel before approving it, the report said.

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House of Troy is a new podcast from LA Times Studios tracing the rise and fall of USC football, from coach Pete Carroll’s back-to-back national titles in the 2000s, to the Reggie Bush scandal, to the series of missteps that followed. It’ll feature exclusive interviews with coaches, players, and USC officials who saw it all up close — and shine new light on how a college football dynasty came undone.

The Federal Communications Commission approved Paramount’s request to allow foreign investors to take a substantial stake in the $110 billion takeover of Warner Bros. Three Middle Eastern sovereign wealth funds from Saudi Arabia, Qatar and Abu Dhabi plan to invest a combined $24 billion. Collectively, the funds would hold 38.5% of the combined company’s equity, while the Ellison family and RedBird Capital would retain 100% of the voting shares.

The FCC approval comes despite concerns raised by Democratic lawmakers and FCC Commissioner Anna Gomez about potential foreign influence over major U.S. media properties including CBS and CNN. The deal still faces an antitrust lawsuit brought by California Attorney General Rob Bonta and 11 other Democratic attorneys general. A federal antitrust trial is currently scheduled for March 2, 2027, if the case is not resolved through settlement talks.

Meanwhile, a federal investigation into Gavin Newsom’s travel expenses is expanding, and the California governor is pushing back. Investigators have issued subpoenas for records from a nonprofit that has helped pay for Newsom’s official travel through private donations to places including China, Mexico, the Vatican, and the 2020 Super Bowl. Newsom says the investigation is politically motivated, calling it “Trump retribution,” and is accusing the administration of weaponizing the Justice Department.

And, both of LA’s football teams are hoping to bounce back after disappointing Week 1 losses. Two important matchups are ahead: The Chargers face the Raiders after a 26-14 loss to the Cardinals, while the Rams are back in the US for Monday Night Football against the Giants following their 27-7 loss to the 49ers in Australia.

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