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Myung J. Chun/Los Angeles Times/TNS

Malibu businesses struggling in the aftermath of fire and PCH restrictions

Business / Business News /

LOS ANGELES — Two months after twin fires destroyed large swaths of two Southern California communities, many of the businesses left behind are struggling to revive sales in the face of displaced customers, road closures and a massive rebuilding effort that is projected to drag on for years.

The secondary crisis has hit hard in Malibu because...Read more

Anna Moneymaker/Getty Images North America/TNS

In a disastrous 2024, Boeing executives got millionaire compensation

Business / Business News /

Boeing endured a truly awful year in 2024. Its millionaire executives, including those who exited as the company’s troubles mounted, largely saw their total compensation halved from the previous year.

They still got millions though in both actual pay and stock awards that should pay out in future years, according to Boeing’s annual proxy ...Read more

Al Seib/Los Angeles Times/TNS

Hollywood's DEI commitments were slipping even before Trump. Now they're vanishing fast

Business / Business News /

Amid calls for racial justice in 2020, Hollywood pledged to do better.

Studios and entertainment companies committed to donating millions of dollars to civil rights and anti-racist organizations, established in-house talent development programs to nurture underrepresented creatives and instituted new requirements for diverse hiring and ...Read more

Tesla/Tesla/TNS

Tesla makes step toward robotaxi services in California. What to know

Business / Business News /

As robotaxis become a more familiar sight on the streets of Los Angeles, Tesla has taken a step that could bring it closer to building its own fleet of self-driving electric vehicles, the California Public Utilities Commission confirmed last week.

In November, Tesla applied for a permit that would allow the electric-vehicle manufacturing giant ...Read more

Jon Cherry/Getty Images North America/TNS

What to know about Trump's plans for a 'Strategic Bitcoin Reserve'

Business / Business News /

President Trump on Thursday signed an executive order to establish a "Strategic Bitcoin Reserve" and a stockpile of U.S. digital assets.

The move came after Trump's proposal for a crypto reserve sparked unexpected blowback from tech leaders because he initially said over the weekend that digital assets other than bitcoin would also be part of ...Read more

Marcus D. Smith/The Sacramento Bee/TNS

Bird flu infected California cows. Why didn't milk prices spike like egg costs did?

Business / Business News /

Bird flu outbreaks sent egg prices soaring in recent months, in some cases north of $9 per dozen. While the virus also spread to dairy cattle, the outbreaks didn’t seem to boost California milk prices.

A group of UC Davis economists recently wrote that though California produces more than 15% of U.S. milk, bird flu has had “little or no ...Read more

Bentley/Bentley/TNS

Auto review: A new take on British tradition; the 2025 Bentley Continental plug-in hybrid

Business / Business News /

Winston Churchill is credited with the following insight, delivered to the Royal Society: “Without tradition, art is a flock of sheep without a shepherd. Without innovation, it is a corpse.”

Certainly, England is the land of longstanding traditions, such as Guy Fawkes Night, cheese rolling and 12-cylinder Bentleys. But in the case of the ...Read more

Marc Grasso/Boston Herald/TNS

Range Rover SE gets top marks

Business / Business News /

As Range Rover enters Grasso’s Garage again this year, it’s time to review its flagship, the Range Rover SE. It definitely earns top marks for appearance and style.

Our tester, a Long Wheel Base (LWB) seven-passenger model, comes in with a base price of $113,000. With all of the luxurious features Range Rover can pack into an SUV, the SE ...Read more

Mandel Ngan/Getty Images North America/TNS

Scam alert: This is how thieves might try to steal your tax refund or other money

Business / Business News /

Humans are so creative, so persistent.

Take thieves, frauds and scammers. As long as there are dollars in someone’s bank account, there are other people devising ways to siphon those dollars and claim them as their own.

The Internal Revenue Service is on to them. In its list of “dirty dozen” tax scams for 2025, the agency tells taxpayers...Read more

Henry Payne/The Detroit News/TNS

Auto review: Road trippin' in the funky, reliable Hyundai Kona

Business / Business News /

SEBRING, Florida — Like a St. Bernard, my Hyundai Kona tester is two-toned and funky-looking outside — fiercely loyal on the inside.

Its looks may not be for everybody, but it’s got everything you need.

Hyundai has been one of the industry’s most creative stylists with lookers like the Lego-brick Santa Fe and bar-of-soap Ioniq 6 EV. ...Read more

Armando L. Sanchez/Chicago Tribune/TNS

Walgreens to be acquired by private-equity firm for $10 billion

Business / Business News /

Walgreens Boots Alliance is being acquired by a private-equity firm for about $10 billion, the retail pharmacy giant announced Thursday.

An entity affiliated with Sycamore Partners will acquire Deerfield-based Walgreens in a deal that will take the company private. Sycamore is a New York-based private-equity firm specializing in retail, ...Read more

Boeing CEO Ortberg warns needed culture shift will be 'brutal to leadership'

Business / Business News /

Boeing’s management needs to shape up, listen more to front-line employees, and communicate better, CEO Kelly Ortberg said at a sometimes edgy all-hands meeting Tuesday, as he took some pointed questions about a poor management culture.

Citing employee feedback from a company survey, he said “their voice needs to be heard.”

“We’re ...Read more

Hyosub Shin/The Atlanta Journal-Constitution/TNS

Home Depot launches Magic Apron, a generative AI customer guide

Business / Business News /

Home Depot has rolled out an online concierge, powered by generative artificial intelligence, to help answer customers’ questions about millions of products and even how to get projects done.

The Georgia-based home improvement giant said Magic Apron is powered by advanced large language model tools and can provide real-time answers online ...Read more

Olivia Sun/Colorado Sun via ZUMA Press Wire/TNS

US jobless claims drop, allaying concerns about labor market

Business / Business News /

Applications for U.S. unemployment benefits fell last week and returned to muted levels seen at the start of the year, offering some relief after other reports pointed to worsening labor-market conditions.

Initial claims decreased by 21,000 to 221,000 in the week ended March 1, lower than analysts anticipated. However continuing claims, a proxy...Read more

Real estate Q&A: Can HOA force owner to put up fence and swap out plants?

Business / Business News /

Q: My fiancé lives on the main road in a community of single family homes. He received a violation letter from the association saying he needs to put up a fence, remove the current bushes, and plant different ones. The section of the bylaw they sent over discusses maintenance of existing fences, docks, etc., but does not require them. I ...Read more

Saul Loeb/AFP/Getty Images North America/TNS

How Elon Musk muscled his way into the FAA

Business / Business News /

Two weeks ago, SpaceX engineer Ted Malaska showed up at the Federal Aviation Administration’s headquarters in Washington to deliver what he described as a directive from his boss Elon Musk: The agency will immediately start work on a program to deploy thousands of the company’s Starlink satellite terminals to support the national airspace ...Read more

Nelvin C. Cepeda/The San Diego Union-Tribune/TNS

'Tariffs do not help with housing costs': Apartment builders brace for steel and aluminum tariffs

Business / Business News /

Developer Nat Bosa has been responsible for some of downtown San Diego’s largest residential towers but looming tariffs have him flabbergasted.

His company, Vancouver, Canada-based Bosa Development, is in the middle of construction on a 389-unit condo tower called Andia in downtown San Diego. It also has plans to build a 211-unit apartment ...Read more

John Spink/The Atlanta Journal-Constitution/TNS

Sharks 'smell blood' in Atlanta's office market as distress mounts

Business / Business News /

When Thomas Taylor looks at Atlanta’s skyline, he sees a quarter of its office buildings underwater.

The city’s towers, of course, stand well above sea level. But Taylor’s job as the senior research manager for data firm Trepp is to assess their financial stability — and many borrowers are in industry terms “underwater,” meaning ...Read more

Sarah Reingewirtz/Los Angeles Daily News/TNS

Jonathan Lansner: 3,200 Palisades, Eaton fire victims miss mortgage payments

Business / Business News /

The sudden rush of increased household expenses is one of the numerous pains faced by fire victims in Los Angeles County.

Consider a new report showing as many as 3,200 homeowners in fire-ravaged neighborhoods are struggling to make their mortgage payments. Remember, owners of mortgaged homes must make loan payments even if the housing is gone ...Read more

Anthony Souffle/Minnesota Star Tribune/TNS

After a decade, beef farmers finally having a good year

Business / Business News /

BLACKDUCK, Minnesota — In Minnesota’s north country, a former kindergarten teacher-turned-rancher carefully walks forward on muddy, thawing ground toward a knot of dark heifers. They stare with curious white faces. One high-ended cow trots away awkwardly, a classic signal that she’ll soon be calving.

“That one shaking its tail? That one...Read more