Business
‘You’re a liar.’ Why the world’s biggest building boom has run into a wall in California
Bryan Marsh was booed by the crowd as he approached the podium in Monterey Park’s City Hall. Things weren’t going...
Commentary: A proposed new ‘fix’ for Social Security that harms workers and protects the rich
How worried are America’s wealthy about the possibility they’ll be hit with a higher tax for Social Security? Plenty, judging...
What SpaceX and its record IPO have riding on the new race to the moon
A recent policy change by NASA has given Elon Musk’s SpaceX a greater role in the Artemis moon program just...
This Californian shoe company was once worth billions. It just sold for $39 million.
Allbirds, an eco-friendly shoe company that won over Silicon Valley, was sold a fraction of the $4 billion it was...
Why one Barbie Dream Fest was anything but fabulous
Jacqueline Kerr arrived to a Florida convention center Friday, suitcases stuffed with intricate, hand-made costumes — pink sequined ball gowns,...
Oracle lays off thousands in latest sign of tough times for tech industry
Software giant Oracle on Tuesday started laying off workers as it looks to rein in costs and double down on...
Gas just hit $6 in Los Angeles. Here’s where you can still find it for $5
The cost of gasoline hit an unwelcome benchmark in the Los Angeles area on Tuesday as the average price per...
Commentary: The Disney/Sora fiasco shows the limits of the AI craze
Disney and OpenAI thought their billion-dollar deal would underscore the importance of AI for Hollywood's future. Its ignominious collapse proves...
Mattel goes through another round of layoffs
Mattel announced another round of layoffs targeting dozens of employees, the latest in a flurry of cost-cutting moves made by...
Californian chocolate recalled for being spiked with Viagra ingredients
Chocolate products from a Californian company have been recalled after they were found to have been spiked with the potentially...
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