Ken Moelis to depart as CEO of $4.6 billion investment bank

He will take on the role of executive chairman later this year and continue advising clients.

2,000 LA anti-ICE rioters takeover 101 Freeway downtown as self-driving cars lit on fire in chaotic scene
Around 2,000 anti-ICE protesters took over a major highway in downtown Los Angeles while rioters lit self-driving cars on fire Sunday as the third...
Roosevelt Island locals want fast pass to take tram as selfie-crazed tourists turn transit into attraction
Fed-up Roosevelt Islanders want "priority boarding” for residents who are routinely forced to wait in line with hordes of selfie-obsessed tourists...
Cow attempts fruitless escape from livestock auction by scaling bleachers, destroying roof, wild video shows
It's an udder disaster!
New disputes emerge ahead of U.S.-China trade talks in London
U.S.-China trade talks in London this week are expected to take up a series of fresh disputes that have buffeted relations, threatening a fragile...
Migrants busted in LA include convicted sex abusers, drug dealers and gang members: ICE
Illegal migrants arrested in Los Angeles in a series of ICE raids last week included convicted sex abusers, drug dealers and gang members,...
Marine vet fighting for his life, paralyzed after being shot by illegal migrant who had been arrested and released 4 times
Jimmy Friesenhahn, 44, who survived multiple overseas deployments including to Iraq during his 14 years in the Marines, is now paralyzed and can no...