Welcome to L.A. TACO’s daily news briefs, where we bring our loyal members, readers, and supporters the latest headlines about Los Angeles politics and culture. Stay informed and look closely.
—Patagonia owner Yvon Chouinard claims he will give the estimated $3 billion company away to a trust sworn to fighting humanity's climate crisis. "Earth is now our only shareholder," he wrote in a statement. [MSN]
—For the first time since 2008, a widely watched survey shows the average interest rate on a 30-year fixed home loan is above 6%, the latest in a series of increases that have sharply slowed the housing market. [LAT]
—Four men were shot on Wednesday afternoon at 5th and San Julian streets on Skid Row. [NBC]
—Two people have been arrested for their suspected parts in Karen Bass's home robbery. [LADN]