Manhattan Beach-based Skechers USA announced Monday that it was being acquired by 3G Capital, a global investment firm, in a deal valued at approximately $9.4 billion. KTLA's David Lazarus reports.

The Coast Guard rescued 32 people from a sinking yacht off the coast of Miami Beach. The $4 million yacht has a capacity of 16.

Stage 2 Improv, the Naples-based group, returns for three performances. Shows will be June 28, Aug. 2 and Sept. 20. At the ...