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Money Talk: Newlyweds wonder if it’s the time to buy a home

A newlywed couple wrestles with whether they should jump into the housing market, while a diligent payer of bills endures a saga over a missed payment.

LA Times - Business
19 May 2024

Surging auto insurance rates squeeze drivers, fuel inflation

Relentlessly rising auto insurance rates are squeezing car owners and stoking inflation. Auto insurance rates rose 2.6% in March and are up 22% from a year ago.

LA Times - Business
19 May 2024

Disneyland costumed character employees vote to unionize

The Disneyland Resort employees who play costumed characters in the parks, parades or hotels have voted to unionize, citing issues such as pay and working conditions.

LA Times - Business
19 May 2024

It’s not ‘TV Week’ anymore as streamers dominate the advertising upfronts

In a week that was once all about ABC, CBS, NBC and Fox, Amazon and Netflix make their presence felt as they seek a piece of the $27-billion upfront ad market.

LA Times - Business
18 May 2024

Troubled EV maker Fisker closing Manhattan Beach headquarters

Troubled EV maker Fisker Inc. is closing down its Manhattan Beach headquarters and moving employees to La Palma in Orange County in a bid to save money and stave off bankruptcy.

LA Times - Business
18 May 2024

As job growth in California falls back, unemployment rate remains highest in the country

California posted another anemic month of job growth in April, and the state’s unemployment rate remained the highest in the land, at 5.3%.

LA Times - Business
18 May 2024

New Mexico weighs whether to toss Alec Baldwin criminal charges in ‘Rust’ shooting

New Mexico First Judicial District Judge Mary Marlowe Sommer on Friday said she would soon make a ruling on whether grand jury proceedings against Baldwin were conducted in a fair and impartial manner.

LA Times - Business
18 May 2024

Dow finishes above 40,000 to cap Wall Street’s latest winning week

The Dow Jones industrial average finished above 40,000 for the first time Friday as U.S. stock indexes closed out their latest winning week.

LA Times - Business
18 May 2024

On a Hollywood studio lot, a new New York comes to life

As a legendary New York City set on Fox Studios' backlot aged, a new one was needed. The set is the centerpiece of a movie studio that is itself a leading character in Hollywood lore.

LA Times - Business
17 May 2024

Column: Democrats prove that they’re no better than Trump in allowing politics to interfere with science

EcoHealth Alliance, which developed research allowing humankind to defeat the next viral pandemic, is officially cut off from federal funding. Democrats who connived with the GOP to do this should hang their heads in shame.

LA Times - Business
17 May 2024

Column: Democrats prove that they’re no better than Trump in allowing politics to interfere with science

EcoHealth Alliance, which developed research allowing humankind to defeat the next viral pandemic, is officially cut off from federal funding. Democrats who connived with the GOP to do this should hang their heads in shame.

LA Times - Business
17 May 2024

California’s strong labor laws aren’t enough to protect workers, report says

A study by researchers at Harvard and UC San Francisco found that 91% of California service sector workers surveyed experienced at least one labor violation in the last year.

LA Times - Business
17 May 2024

Tesla to cut 601 jobs in Bay Area, a sign of more problems for EV maker

Tesla says it will cut 601 jobs in the Bay Area in another round of layoffs amid problems with its Cybertruck, flagging sales and declining stock price.

LA Times - Business
17 May 2024

Inflation improves slightly in April, but high cost of housing remains a big obstacle

The latest report from the Bureau of Labor Statistics isn’t likely to lift the grim mood that much of the public has toward an otherwise solid economy.

LA Times - Business
17 May 2024

Red Lobster offered customers all-you-can-eat shrimp. That was a mistake

Red Lobster gambled that offering customers all the shrimp they could eat would give the struggling chain a desperately needed boost. Instead, it now blames the deal for its deepening financial woes.

LA Times - Business
17 May 2024

Column: Inside the effort by two Beverly Hills billionaires to kill a state law protecting farmworkers

The billionaire owners of Wonderful Co. — grower of almonds and pistachios — say a California farm labor law is unconstitutional.

LA Times - Business
17 May 2024

Sony warns tech companies: Don’t use our music to train your AI

Sony Music Group is sending more than 700 letters to tech companies and music streaming services, calling on them to not use its music to train AI without authorization from the label.

LA Times - Business
17 May 2024

The new Disney, Warner and Fox sports streaming joint venture finally has a name

The newly christened platform from Fox Corp., Walt Disney Co. and Warner Bros. Discovery is scheduled to launch in the fall. Pricing has yet to be disclosed.

LA Times - Business
17 May 2024

How YouTube became must-see TV: Shorts, sports and Coachella livestreams

YouTube said more people are watching live events like Coachella and short form videos on TV sets. Sports, including the NFL, are also boosting viewership.

LA Times - Business
17 May 2024

TikTok creators sue U.S. government in a bid to stop potential ban

TikTok creators sued the U.S. government on Tuesday, alleging a new law that could ban the app violates their free speech rights under the 1st Amendment. The legislation is meant to force Chinese owner ByteDance to sell the service.

LA Times - Business
17 May 2024

CNN to adapt popular British comedy quiz show for Saturday nights

The news network will produce a version of the BBC's "Have I Got News for You" this fall, after adding HBO's "Real Time with Bill Maher" to line-up.

LA Times - Business
17 May 2024

Netflix will carry two exclusive NFL Christmas games in 2024

The three-year deal also gives the streamer the global rights to at least one Christmas Day NFL contest in 2025 and 2026.

LA Times - Business
17 May 2024

Pro-Palestinian activists protest at Google developer conference amid Israel-Hamas war

A group of protesters blocked the entrance of Google's developer conference in Mountain View, Calif. The demonstrators have condemned the tech giant's cloud computing contract with Israel's government.

LA Times - Business
17 May 2024

Wall Street edges back from records after Dow briefly tops 40,000

U.S. stocks edged back from their record heights after the Dow Jones industrial average briefly topped the 40,000 level for the first time.

LA Times - Business
17 May 2024

Wall Street rallies to records after inflation slows

Hopes that inflation is finally heading back in the right direction swept through Wall Street on Wednesday and ignited a record-setting rally for U.S. stocks.

LA Times - Business
17 May 2024
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