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Business & Markets, company news, stock markets, finance, real estate
Airbnb: Guests Contributed $4.4 Billion to Los Angeles Economy Last Year
LOS ANGELES—Airbnb's guests contributed $4.4 billion to Los Angeles' economy in 2023—with nearly 3.3 million guests arriving to visit the city—while supporting 43,000 jobs and generating $1.2 billion in total ...
June 2, 2024
BY
City News Service
SoCal-Based Chinese Nationals Face Charges in Alleged Apple Device Fraud
Prosecutors say the five defendants took bogus devices to Apple stores and had them replaced with genuine items, ...
June 2, 2024
BY
City News Service
As Insurers Ditch California, Gov. Newsom Backs Speeding Up Rate Reviews
The governor presents legislation that would put insurers' rate requests on a quicker timeline as they cope with ...
June 1, 2024
BY
Rudy Blalock
Deadline Approaching for Landlords to Apply for LA County Rent Relief Program
Landlords whose revenue dipped during the pandemic can receive up to $30,000 per unit for past-due rent. Last ...
June 1, 2024
BY
City News Service
Amazon Opens First Pharmacy Fulfillment Center in Southern California Offering Same-Day Rx Delivery
The Riverside County crew will process prescriptions in minutes, the company said. It also promises 24-hour availability of ...
June 1, 2024
BY
Jill McLaughlin
Newsom Signs Bill Delaying $25 Minimum Wage for Some Health Care Workers in California
The increase will be pushed from June 1 to July 1, moving its costs into the next fiscal ...
May 31, 2024
BY
Travis Gillmore
California Bill Saying Landlords Can’t Ban Pets Is Revamped to Exempt Small Landlords
Property owners with 15 or fewer units are excluded. The revised bill also requires prospective tenants to give ...
May 31, 2024
BY
Rudy Blalock
California Legislature’s Budget Proposal Restores Some Newsom Cuts, Increases Tax Revenues
Lawmakers aim to raise more cash from businesses and protect climate goals like offshore wind. Republicans wonder why ...
May 30, 2024
BY
Travis Gillmore
Safeway Is Closing Self Checkout Machines Across Several California Stores Amid Rising Retail Theft
The rise in retail crime in California is taking its toll on businesses. In a recent move, some ...
May 30, 2024
BY
Kos Temenes
Bakery to Close Shop in San Francisco, Where Finding New Hires Is No Piece of Cake
Third Culture Bakery expected no improvement in the area and sold its Irving Street outlet to Momo Teas.
May 30, 2024
BY
Jill McLaughlin
Dollar Tree Taking Over 170 of 99 Cents Only Stores in 4 States
99 Cents Only recently filed for bankruptcy, which led to the closure of hundreds of stores nationwide.
May 30, 2024
BY
Kos Temenes
Amazon Extends Deal With Grubhub for Prime Members
Amazon Prime members in the United States will continue to have Grubhub subscriptions included in their membership on ...
May 30, 2024
BY
Katabella Roberts
California Lawmakers Aim to Ban All Plastic Bags After Single-Use Ban Fails
New legislation would also prohibit the thicker, reusable bags that stores hand out now. One lawmaker sees it ...
May 29, 2024
BY
Jill McLaughlin
How to Raise Funds Faster Amid Venture Capital Slowdown
Commentary The venture capital fundraising market remained slow in Q1 2024, so business founders have been forced to ...
May 29, 2024
BY
William Eigner
Opportunities Abound for Young Entrepreneurs Because Boomers Are Selling Their Businesses
Most of the businesses in the United States are small businesses—about 99.9 percent of them. Small businesses hire ...
May 29, 2024
BY
Mike Valles
Nvidia Rose, then the Market Fell: It’s “Every Stock for Itself”
Commentary Last Wednesday, Nvidia announced that its latest quarterly revenues rose 261% to $26 billion, compared with $7.2 ...
May 28, 2024
BY
Louis Navellier
SoCal Residents Warned of Possible Sonic Boom from SpaceX Launch
Residents of Santa Barbara, San Luis Obispo, and Ventura counties were most likely to hear the booms.
May 28, 2024
BY
Jill McLaughlin
California Bill That Would Provide Jobless Benefits to Striking Workers Has New Life
The Senate passes the measure. Last year's attempt was vetoed by Gov. Newsom, who said the state's unemployment ...
May 27, 2024
BY
Jill McLaughlin
Luxury EV Maker Lucid Announces 6 Percent Workforce Cut
The reduction comes after the company reported a $680 million loss in the first quarter.
May 25, 2024
BY
Naveen Athrappully
Raul Porto Sr., Founder of Porto’s Bakery & Cafe, Dies at 92
The bakery, which started in the family kitchen, often has long lines of customers for its pastries and ...
May 24, 2024
BY
Jill McLaughlin
California Bill Would Require Stores to Have 1 Employee Monitoring 2 Self-Checkouts
The proposed California bill SB-1446 would impose new restrictions on self-checkout for grocery stores and drugstores.
May 24, 2024
BY
Keegan Billings
Bill Allowing Illegal Immigrants’ Businesses to Receive State Aid Passes California Assembly
The lawmaker behind the measure says denying benefits to illegal immigrants hurts the state's business environment. Opponents say ...
May 24, 2024
BY
Travis Gillmore
Veterans, Military, and Honda Drivers Get Free Gas for Memorial Day
The Helpful Honda Team is giving away gas at stations across Southern California this weekend.
May 23, 2024
BY
Jill McLaughlin
Inflation Dominated Last Week, But Nvidia is This Week’s Big News
Commentary Last week was all about inflation. On Tuesday, the Labor Department announced that the Producer Price Index ...
May 23, 2024
BY
Louis Navellier
Developers Release List of Companies Bringing Jobs to Eco-Friendly East Solano
California Forever plans to create 15,000 high-paying jobs in Solano County in the next decade.
May 22, 2024
BY
Jill McLaughlin
The Incoming Commercial Real Estate Crisis No One Seems Prepared For
'I think that there’s more to come,' said Peter Earle, research fellow at the American Institute for Economic ...
May 21, 2024
BY
Kevin Stocklin
Tax Scams Costing Thousands Their Refunds: Look for These Red Flags
While some taxpayers who met the April 15 filing deadline are now waiting for refunds, an ominous letter ...
May 21, 2024
BY
Mark Gilman
TOP NEWS
Florida Senator Scott Questions SEC Over Chinese EV Firm Zeekr’s CCP Ties
NEW
By
Frank Fang
, Epoch Times
What to Know About Hunter Biden’s Federal Trial as Jury Selection Begins
7hr
By
Joseph Lord
Jack Smith Made a Major ‘Mistake’ in Trump Case, Harvard Law Professor Says
8hr
By
Jack Phillips
Trump Will Appeal NY Conviction ‘All the Way’ to Supreme Court, Lawyer Says
8hr
By
Jack Phillips
FCC Ends Internet Subsidy Program for 23 Million Americans
9hr
By
Naveen Athrappully
Lack of Anemia Screening Leaves Older Patients More Vulnerable: Study
9hr
By
Jennifer Sweenie
Former FEC Commissioner Says Trump Guilty Verdict ‘Makes No Sense’
9hr
By
Catherine Yang
, Epoch Times
Trump Says Conviction Has Been ‘Very Hard’ for Melania Trump
10hr
By
Jack Phillips
‘I’m OK With It’: Trump Addresses Possibility of Prison Sentence
10hr
By
Catherine Yang
, Epoch Times
Brain Dead People May Not Be Dead–Here’s Why
11hr
By
Marina Zhang