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Allen J. Schaben/Los Angeles Times/TNS

Wildfire victims' in limbo as fight with insurers hits another snag

Business / Business News /

After receiving more than 1,000 complaints from Jan. 7 fire victims about how insurers are handling their claims, state regulators are considering referring hundreds of the cases to mediation — a little used practice that some consumer advocates fear could hurt policyholders.

The Department of Insurance has been bombarded with complaints ...Read more

Henry Payne, The Detroit News/The Detroit News/TNS

Auto review: Plug-in face-off, Range Rover Sport vs. Volvo XC90

Business / Business News /

OAKLAND COUNTY, Michigan — If you FOMO on BEVs but still must emit CO2 for trips, PHEV may be your GOAT.

Translation: Plug-in Hybrid Electric Vehicles (PHEV) are the new fashion statements as luxury customers face the drawbacks of BEVs (battery electric vehicles) yet still require electric for moral or convenience reasons. Two of the latest ...Read more

Dirk Shadd/Tampa Bay Times/TNS

Investors snapped up Tampa Bay homes damaged by hurricanes Helene and Milton

Business / Business News /

Ann Haendel lived happily in her St. Pete Beach, Florida, home for more than 30 years before Helene sent 3 feet of water into the two-bedroom cottage.

When she returned after evacuating, the place looked “like a tornado had ripped through,” she said. Furniture was upturned and books lay sopping on the floor.

The city determined that the ...Read more

Ronaldo Schemidt/Getty Images North America/TNS

Walmart can't dodge ICE's bid for $24M fine, appeals court rules

Business / Business News /

Walmart must face the federal government’s attempt to fine it $24 million for alleged failures to keep records on worker eligibility, an appeals court has ruled, reversing a Georgia judge’s decision in the retail giant’s favor.

Between 2018 and 2021, U.S. Immigration and Customs Enforcement inspected 20 Walmart facilities across the ...Read more

Leila Navidi/The Minnesota Star Tribune/TNS

Land O'Lakes CEO Beth Ford: Dairy needs immigration reform

Business / Business News /

As Land O’Lakes CEO Beth Ford sees it, one will break first: gridlock on U.S. immigration policy or the nation’s food system.

How President Donald Trump’s crackdown is affecting agriculture and thus the economy overall is at the forefront for Ford, chair of the immigration committee for Business Roundtable. That CEO organization lobbies ...Read more

Patrick Gosling/TNS/TNS

Auto review: 2025 McLaren Artura Spider is the six-figure cure for your midlife crisis

Business / Business News /

If the world of automotive engineering is a symphony, then McLaren is surely its lead violinist — sharp, precise, and at the front of the pack. Enter the 2025 McLaren Artura Spider, a drop-top interpretation of the brand’s plug-in hybrid supercar.

This isn’t just a roofless Artura. No, this is McLaren flexing its engineering muscle and ...Read more

Alejandro Tamayo/The San Diego Union-Tribune/TNS

Everything is bigger at San Diego Comic-Con this year. Except Hollywood

Business / Business News /

A year after a Hollywood onslaught at Comic-Con International, more than one big studio has decided to take a break.

In a new era of Hollywood belt-tightening, many experts say the expense of Comic-Con might not be worth it, especially as production of new projects has slowed. The big superhero film producers, DC Studios and Marvel Studios, ...Read more

Marc Grasso/Boston Herald/TNS

Auto review: 2025 Volvo EX40 delivers compact luxury perfectly

Business / Business News /

As the electric vehicle market is still in full swing, Volvo rises to the top with the release of its compact SUV, the EX40. This year, Grasso’s Garage has tested the XC60 and XC90 in both hybrid forms and absolutely loved everything about them. The EX40, a full electric compact SUV, was certain to be a fun one.

On the interior, we noticed ...Read more

Lorraine MIrabella/The Baltimore Sun/TNS

T. Rowe Price lays off undisclosed number of employees

Business / Business News /

T. Rowe Price has started laying off employees, the company said Thursday, — including at its Baltimore headquarters — in a push to slash costs and jumpstart growth at the global investment giant.

The company did not disclose the number of job cuts but confirmed the plan includes “targeted role eliminations.”

“We have a broad plan ...Read more

K.C. Alfred/The San Diego Union-Tribune/TNS

Econometer: Will the elimination of federal tax credit significantly hurt the solar industry?

Business / Business News /

President Donald Trump’s One Big Beautiful Bill, signed July 4, eliminated a 30% federal tax credit for residential rooftop solar installations.

Experts are now debating if the elimination will significantly hurt the industry or if solar adoption developed such momentum that it will continue to grow on its own.

Trump’s bill won’t go into...Read more

Renee C. Byer/The Sacramento Bee/TNS

AI comes to California's electric grid

Business / Business News /

Artificial intelligence figures to impact virtually every aspect of the global economy and now it’s making a foray onto California’s electric grid.

The California Independent System Operator, which manages the power system for about 80% of the Golden State and a portion of Nevada, just agreed to launch a pilot program that will use an AI ...Read more

.No Ju-han/Netflix/TNS/TNS

Netflix earnings surged last quarter. Thank 'Squid Game,' price hikes and advertising

Business / Business News /

LOS ANGELES — Thanks to popular shows like "Squid Game," plus price hikes and growing advertising revenues, Netflix on Thursday reported strong growth in the second quarter, beating analysts' expectations.

The streamer's revenue rose 16% to $11.1 billion, while the company's net income increased 46% to $3.1 billion compared to a year earlier....Read more

Dania Maxwell/Los Angeles Times/TNS

People said it was too hard to cancel Peacock. Now NBCUniversal must pay $3.6 million

Business / Business News /

LOS ANGELES — Three years ago, a Southern California consumer complained about unwittingly renewing a Peacock subscription. Now, the conflict is expected to end with media giant NBCUniversal paying $3.6 million to Los Angeles County.

The county this week announced a proposed settlement with NBCUniversal and its subsidiary, Peacock TV, to ...Read more

California Highway Patrol/California Highway Patrol/TNS

'We are all eating': Inside California's secret industry that props up mass shoplifting

Business / Business News /

OAKLAND, California — For two days, investigators parked their unmarked car outside a nondescript parking lot behind an Oakland liquor store, across the street from a church and watched.

They saw the same thing over and over: A car would pull up, and someone inside would exit with a jumbo-sized garbage bag that appeared full and heavy. A hand...Read more

Madeline Carter/Las Vegas Review-Journal/TNS

From poker chips to computer chips: High-tech startups signal change to Nevada economy

Business / Business News /

Lucihub founder and CEO Amer Tadayon has started several businesses in California and Arizona. Those states never invested in his companies, but Nevada did.

Thanks to a growing startup ecosystem, increasing venture capital availability and favorable investing regulations, Tadayon called Las Vegas “one of the best places I’ve ever been to be...Read more

Nathan Howard/Getty Images North America/TNS

Amazon's carbon emissions jump as AI push tests company's climate pledge

Business / Business News /

Amazon's greenhouse gas emissions rose by 6% last year, due mostly to pollution generated by the company's delivery fleet and increased data center construction.

The jump in total carbon emissions from 64.38 million metric tons in 2023 to 68.25 million metric tons in 2024 is the company's first year-over-year increase since 2021, according to a...Read more

Juliana Yamada/Los Angeles Times/TNS

Los Angeles businesses need help to bounce back from raids and tariffs, advocacy group says

Business / Business News /

Businesses in downtown Los Angeles need the support and patronage of locals in these tough times, Central City Association President and Chief Executive Nella McOsker says.

Places that hadn't yet come back from the cratering caused by COVID-19 are now dealing with rising costs from tariffs and employees worried they could get caught up in the ...Read more

Real estate Q&A: Should broker get part of deposit from failed sale?

Business / Business News /

Q: I hired a broker to sell my house in Florida. The first buyer backed out, so we agreed that I’d keep part of their deposit. I kept working with the same broker, and eventually, someone else bought the place. The broker got their full commission from that sale. Now the broker is asking for half of the deposit from the first buyer who bailed....Read more

Ellen M. Banner/The Seattle Times/TNS

With blowout probe done, lawsuits take off against Boeing, Alaska Air

Business / Business News /

Boeing and Alaska Airlines have settled one of many lawsuits filed against them after the January 2024 midflight blowout, while three more claims are set to go to trial next year.

Dozens of passengers on board Alaska Airlines Flight 1282 sued the airline and 737 maker Boeing, but those lawsuits have largely been on hold as the National ...Read more

Joe Raedle/Getty Images North America/TNS

US initial jobless claims decline for a fifth straight week

Business / Business News /

Applications for U.S. unemployment benefits declined for a fifth straight week to the lowest level since mid-April, showing a resilient job market.

First-time jobless claims decreased by 7,000 to 221,000 in the week ended July 12. The median forecast in a Bloomberg survey of economists called for 233,000 applications.

Continuing claims, a ...Read more