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Business & Markets
Business & Markets, company news, stock markets, finance, real estate
Food 4 Less Workers Authorize Strike; Talks to Resume Monday
LOS ANGELES—Negotiations are set to resume June 17 between Food 4 Less and the union representing its approximately 6,000 workers, three days after employees finished voting overwhelming to authorize a ...
June 16, 2024
BY
City News Service
California Insurance Chief Reveals Next Steps in Making Coverage More Available
Ricardo Lara's plan will let insurers set rates using risk-based 'catastrophe modeling' in exchange for more policies in ...
June 14, 2024
BY
Rudy Blalock
Gun Rights Group Plans to Challenge California’s 11-Percent Tax on Guns and Ammo
The Orange County-based group, which has tens of thousands of members throughout the state, is seeking plaintiffs to ...
June 14, 2024
BY
Jill McLaughlin
Tesla Shareholders Approve CEO Elon Musk’s $56 Billion Compensation
The pay package shareholders voted to approve was initially granted by Tesla to Mr. Musk in 2018.
June 14, 2024
BY
Katabella Roberts
Meta Threatens to Block News Posts in California if Journalism Bill Becomes Law
The Journalism Preservation Act would generate revenue for out-of-state media companies, the tech giant said.
June 13, 2024
BY
Travis Gillmore
From July, Security Deposit for California Rental Is Limited to One Month’s Rent
Supporters say renters will not have to borrow money just to meet move-in expenses. Opponents say landlords will ...
June 13, 2024
BY
Rudy Blalock
Judge Rejects Tesla’s Request to Dismiss California’s Lawsuit Claiming False Advertising
The state sued over ads saying the company's vehicles were 'equipped' or 'partially equipped' with autopilot. Tesla called ...
June 12, 2024
BY
Jill McLaughlin
A Gut Punch for Burger Lovers: In-N-Out Raises Prices
The popular chain joins other restaurants in coping with the state's new $20 minimum wage for fast-food workers.
June 12, 2024
BY
Kimberly Hayek
Global Central Banks (Except Our Fed) Are Cutting Rates
Commentary Several major central banks have already cut key interest rates in a coordinated manner. At one time, ...
June 12, 2024
BY
Louis Navellier
Elon Musk Files Motion to Withdraw Lawsuit Against OpenAI
This comes just a day after Elon Musk threatened to ban Apple devices from his companies over ChatGPT’s ...
June 12, 2024
BY
Aldgra Fredly
Appeals Court Upholds California Gig Work Law, Dealing Blow to Uber
The measure reclassified many contract or freelance workers to employees, thus allowing them to receive benefits.
June 12, 2024
BY
Katabella Roberts
California’s Tax Collections in May Far Exceeded Expectations
Analysts aren't celebrating the revenue bump because they say it could simply be June payments showing up early.
June 12, 2024
BY
Travis Gillmore
Thousands of Amazon Flex Drivers File Legal Claims Over Contractor Classification
The arbitration claims seek compensation for unpaid wages, overtime, and reimbursement for various work-related expenses.
June 12, 2024
BY
Katabella Roberts
Why Nearly Half of US Online Job Postings Are Fake
Recruitment professionals and victims of 'ghost posting' say the practice hurts everyone, including the companies that create them.
June 11, 2024
BY
Autumn Spredemann
California Bill Would Speed Up Conversions of Office Buildings to Housing Units
With commercial vacancy rates up, lawmakers see a way to add housing while preserving downtown property values.
June 11, 2024
BY
Travis Gillmore
Los Angeles City Council Votes to Monitor Driverless Vehicles
LOS ANGELES—The Los Angeles City Council voted June 11 to bolster its ability to monitor and potentially regulate ...
June 11, 2024
BY
City News Service
California Cannabis Sales, Tax Revenue Fall for 3rd Straight Quarter as Industry Struggles
Critics blame the Golden State's high taxes and point to low-tax states like Michigan, where the cannabis industry ...
June 10, 2024
BY
Travis Gillmore
Food 4 Less Workers Voting on Strike Authorization Amid Contract Dispute
LOS ANGELES—Members of the union representing 6,000 Food 4 Less workers are voting this week on whether to ...
June 10, 2024
BY
City News Service
Cashless Payments Make You Spend More: Research
Researchers recommend consumers carry cash instead of cards whenever they can, as it acts as a self-control method.
June 8, 2024
BY
Monica O’Shea
California Bill Would Give Local Governments More Power to Fight Illegal Pot Growers
Seen as a win for rural counties, local jurisdictions would be able to place a lien on properties ...
June 8, 2024
BY
Aaron Gonzalez
Some California Retail Workers Wear Body Cameras to Deter Theft
Security staff at TJ Maxx, Marshalls, and HomeGoods stores began wearing the devices late last year, the parent ...
June 8, 2024
BY
Rudy Blalock
Los Angeles Firm Buys San Diego Shopping Center for $99 Million
SAN DIEGO—Los Angeles-based Decron Properties has purchased the Mira Mesa Market West Shopping Center from Stockbridge Capital Group ...
June 7, 2024
BY
City News Service
Blaze Pizza to Move Headquarters from California to Georgia
The restaurant chain joins the list of major brands leaving the Golden State in recent years.
June 7, 2024
BY
Jill McLaughlin
Court Rules Meta Must Face Lawsuit Over Fraudulent Ads
A federal law that confers broad immunity to Big Tech companies does not cover breach of contract claims, ...
June 7, 2024
BY
Zachary Stieber
Walmart Announces Bonuses for Hourly Workers, New Programs to Combat Skilled Worker Shortage
Retail giant Walmart announced a string of new changes on Wednesday, including training programs and certifications aimed at ...
June 6, 2024
BY
Katabella Roberts
Rubio’s Coastal Grill Files for Bankruptcy
As part of the announcement, the company said it has closed 48 California locations, including 24 in the ...
June 5, 2024
BY
City News Service
The Bond Market Was on ‘Pins and Needles’ Until PCE Data Came Out
Commentary With deficit spending soaring and bond rates still uncomfortably high, the bond and stock markets are always ...
June 5, 2024
BY
Louis Navellier
TOP NEWS
Herbal Remedy Lowers Diabetes Risk by 41 Percent, Faces Challenges for US Approval
3hr
By
Sheramy Tsai
Schumer Seeks Bill to Ban Bump Stocks After Supreme Court Ruling
12hr
By
Stacy Robinson
Biden Raises $30 Million at Hollywood Fundraiser
14hr
By
Joseph Lord
Trump Attorneys Urge Judge to Reject Special Counsel Smith’s Request for Gag Order
17hr
By
Jack Phillips
House Intelligence Chair: US Facing ‘Highest Level’ of Potential Terrorist Threat
18hr
By
Jack Phillips
Israel’s Army Announces ‘Tactical Pause’ in Parts of Gaza
19hr
By
Jack Phillips
Trump Courts Black Voters at Detroit Event
20hr
By
Lawrence Wilson
Exposure to Heavy Metals Linked to Dementia Risk
20hr
By
George Citroner
, Healthline
Former CDC Director Predicts Bird Flu Virus Will Cause Next Pandemic
22hr
By
Tom Ozimek
China’s EV Exports Fall as US, EU Ratchets Up Tariffs
1d
By
Alex Wu