What LA Rises is about is rising out of that and providing mindset of optimism," Newsom said. Last week, Newsom signed a $2.5 billion relief package to aid with recovery efforts.

LA Rises will also receive financial support from California Rises, a statewide recovery initiative founded by the governor and First Partner Siebel Newsom after the 2018 Camp Fire.

LA Rises will contribute through collaboration, access to capital and financial tools, leveraging innovation and private-sector investment to drive a faster recovery.

Governor Gavin Newsom on Tuesday unveiled LA Rises, a private-sector initiative aimed at accelerating the recovery and rebuilding of Los Angeles communities devastated by recent wildfires. The ...

And what LA Rises is about is rising out of that and providing a mindset of optimism, that it is achievable, that it is possible, that we can come back more climate resilient, ...

Billionaire CEO Mark Walter has struck a deal to buy the LA Lakers for a reported $10 billion, the largest sale of a pro sports franchise worldwide.