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Headlines From The Times

Leadership Shakeups, Mail Delays, and Corporate Power Plays

Headlines From The Times

L.A. Times Studios

News, Daily News, Society & Culture, The Times, California

4.1544 Ratings

🗓️ 6 May 2025

⏱️ 4 minutes

🧾️ Download transcript

Summary

Top L.A. firefighters union leaders are suspended after an audit reveals $800,000 in undocumented spending. UPS and the U.S. Postal Service announce major job cuts and route changes, as mail volume drops and costs rise. Skechers heads into a $9.4 billion deal to go private with backing from 3G Capital. And OpenAI says its nonprofit board will remain in control of its for-profit business.

Transcript

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0:00.0

This is an LA Times Studios podcast.

0:10.4

Hi, I'm Angelica Coronado at LA Times Studios.

0:14.1

Here are some of today's headlines from the Los Angeles Times.

0:17.9

Top leaders of LA's firefighters union have been suspended after an audit flagged $800,000

0:24.1

in unaccounted credit card spending. Aline Chekmedien reports that UFLCP President Freddie

0:30.0

Escobar and two other officers were removed by the union's national parent organization,

0:35.2

IAFF, after serious problems with missing receipts and financial records

0:39.6

were uncovered. Escobar alone made nearly 2,000 credit card charges totaling over $300,000. More than 70%

0:47.3

of those purchases had missing documentation. Former Secretary Adam Walker and Treasurer Domingo

0:53.0

Albaran Jr. also racked up $530,000 in spending without full receipts.

0:58.8

The investigation revealed Walker moved tens of thousands from a union charity into his personal accounts.

1:04.3

The IAFF has since appointed a conservator to take over and reestablish financial oversight.

1:09.9

Big changes are coming to mail delivery across the country.

1:13.2

Karen Garcia reports that UPS and the U.S. Postal Service are cutting a combined 30,000 jobs

1:19.1

as they work to streamline operations and reduce spending.

1:22.5

UPS plans to close 73 distribution centers while UPS is slashing 10,000 jobs and restructuring its delivery

1:29.4

routes. Trump's tariffs and digital innovation have added pressure to an already struggling

1:34.2

parcel system. Mail volume has declined rapidly in recent years, from 57 billion pieces in

1:39.9

1997 to just 12 billion in 2023. As a result, USPS is moving to once a day pickups,

1:46.5

and delivery times for Priority Mail Express will now be one to three days instead of one to two.

1:51.6

The changes are rolling out in two phases, April 1st and July 1st.

1:56.6

Skechers is going private in a massive $9.4 billion deal. Caroline Petro Cohen reports the shoe brand

...

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