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Newsom vetoes bill that would have offered home mortgage aid to undocumented immigrants
A controversial bill that would have helped undocumented immigrants in California buy homes was vetoed Friday morning by Gov. Gavin Newsom who cited limitations to the program’s existing budget.
Introduced by its lead author, Assemblymember Joaquin Arambula, D-Fresno, Assembly Bill 1840 would have allowed undocumented immigrants to apply ...Read more
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Red Lobster bankruptcy exit gets green light. Fate of the all-you-can-eat shrimp deal unclear
Red Lobster is turning the page on its worst days as the struggling seafood restaurant chain prepares to emerge from bankruptcy.
On Thursday, a U.S. judge approved the company’s reorganization plan, clearing the way for the casual dining chain to exit Chapter 11 bankruptcy protection.
Known for its bottomless shrimp offering and cheddar ...Read more
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Auto review: The 2024 Mercedes-Benz eSprinter electric van is a barn-dominium that hauls big loads
So, my friend asks, “Hey, Casey, what are you driving this week?”
To which I reply, “One of the new Mercedes electric vehicles.”
“Is it roomy?”
“Oh, yeah, lots of space. It’s like a bus inside!”
My daughter overhears this conversation as we’re rushing out the door to my dentist appointment. I’m sure she imagines her ...Read more
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US job growth improved late summer, but hiring trend is slowing. What will the Fed do?
WASHINGTON — Job growth picked up in August from the sluggish pace of hiring the previous month, providing a bit of relief after a sharp slowdown earlier in the summer roiled financial markets, sparked fears of a recession and threatened to disrupt the momentum Vice President Kamala Harris and her campaign had built up.
The government said ...Read more
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Biden signs pro-labor order in Michigan, dares a successor to undo it
SCIO TOWNSHIP, Michigan — Democratic President Joe Biden signed a pro-labor executive order in Michigan Friday, flexing his administrative powers in a bid to promote unions and worker benefits, while daring a successor to repeal the policy.
The White House said the so-called "Good Jobs" order directs federal agencies to prioritize new labor ...Read more
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Boeing's financial recovery at stake with strike vote days away
Boeing Co. is seeking to avert a crippling strike by its largest labor union as the clock runs out on the existing accord.
Negotiations between the IAM District 751 union and the planemaker are always tense. This time though, the stakes are particularly high for Boeing, which make these contract talks particularly consequential. Here’s why:
...Read more
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As strike looms, Boeing pushes 777 jets through chaotic production
For months, Boeing’s leadership has claimed repeatedly that slowing the pace of jet production and renewing the focus on inspections will ensure production quality. As a potential strike by 33,000 machinists looms next week, that’s not the reality mechanics see inside Boeing’s widebody jet plant in Everett, Washington.
Managers there are ...Read more
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US job growth improves in August; unemployment edges back down
Job growth picked up in August from the sluggish pace of hiring the previous month, providing a bit of relief after sharp declines earlier in the summer roiled financial markets and threatened to disrupt the momentum Vice President Kamala Harris and her campaign had built up.
The government said Friday that the American economy added 142,000 ...Read more
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Boycott of Beverly Hills hotels gets boost from Hollywood writers
LOS ANGELES — Hollywood writers, editors and producers have pledged to join a union-led boycott of two Los Angeles-area hotels mired in a labor dispute.
The boycott, which was launched last month by hospitality union Unite Here Local 11, targets Cameo Beverly Hills, which is a Hilton hotel, and the Beverly Hills Marriott. The union has been ...Read more
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UAW's tall task: Rebuilding its political power to boost Harris campaign
WASHINGTON — Just over a decade ago, the United Auto Workers union was instrumental in delivering a resounding Michigan victory for former President Barack Obama in his successful 2012 reelection bid.
UAW officials, then-union President Bob King recalled, received personal thanks for their organizing efforts by Obama and two of his key ...Read more
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Auto review: 2024 Revuelto: an electrifying raging bull from Lamborghini
The 2024 Lamborghini Revuelto may be the supercar brand’s first hybrid — and a plug-in hybrid at that — but you’ll never mistake it for a Prius, thank goodness. For the 2024 Lamborghini Revuelto retains wildly classic Lamborghini traits, even as it takes its initial step toward electrification. And, being Lamborghini, it’s little ...Read more
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Auto review: 2025 Infiniti QX80 inspires luxury sticker shock
When Infiniti entered Grasso’s Garage in the past, we were excited that the brand’s models exceeded expectations while still maintaining an appropriate price point. With traces of Nissan design are still evident in the 2025 Infiniti QX80 Autograph, we recognized nicely apportioned accouterments. But brace yourself, this one is going to hit ...Read more
Michael Hiltzik: The air begins to leak out of the overinflated AI bubble
You only need to go back three months or so to find the peak of the AI frenzy on Wall Street. That was on June 18, when shares of Nvidia, the California company that dominates the market for AI-related hardware, peaked at $136.33.
Since then, shares of the maker the high-grade computer chips that AI laboratories use to power the development of ...Read more
Don't know what to do with your old clothes? California may require the fashion industry to take them back from you -- for free
In California, it’s relatively easy to recycle aluminum cans, newspapers or glass bottles. But for one of the most commonly used household products — clothes — options are few.
Every year, tons of unwanted shirts, jeans, dresses, jackets and other garments end up in landfills across the state. Almost none are recycled. Some are donated to...Read more
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Auto review: Affordable Jetta vast, fast, and (at last) fetching
HELL, Michigan — The VW Jetta GLI has long lived in the shadow of its sibling, the OG hot hatch Golf GTI. No more.
With a dramatic refresh for the 2025 model year, the once-frumpy GLI is now a lean, mean, fighting machine.
A lean Golf-like fascia has replaced the previous bulbous, Shrek-like nose. The lower red front lip curls with a sense ...Read more
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Future of Google search rests with judge who will strip away monopoly power
Google’s future as provider of the world’s most dominant search engine rests in the hands of a federal court judge who last month ruled the company has a monopoly on internet search.
In a hearing Friday in U.S. District Court for the District of Columbia, Judge Amit Mehta will start to strip Google of its monopoly power after previously ...Read more
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Trump pushes back on Harris small business plan at Economic Club of New York
Just a day after Vice President Kamala Harris announced her plan for a tenfold increase to the start-up tax credit, former President Donald Trump said a second term would allow him to decrease regulations by just as much.
Trump, in an afternoon address to the Economic Club of New York, said that for every new regulation that comes across his ...Read more
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How do stocks perform after the Fed cuts interest rates? Pretty well, actually
The stock market has had a nice run in 2024, but investors have been nervous lately, because many are concerned that a slowing economy may tip over into an outright recession. To thwart that possibility, the Federal Reserve stands poised to lower interest rates, providing stimulus to consumers and businesses, some of whom have been reeling ...Read more
I've been in financial services for 14 years. Here's why I just opened a CD now
I’ve been in financial services for nearly 14 years and have helped customers with the most common deposit products, but this month was the first time I opened a certificate of deposit (CD) for myself.
A CD is an account that typically has a fixed annual percentage yield (APY) for a specific term. What’s more, there’s typically an early ...Read more
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Cargill grows national footprint, buying animal feed mills in Denver and Kansas City
Cargill is buying feed mills in Denver and Kansas City to expand its animal nutrition business across central and western states.
The Minnetonka-based agribusiness paid an undisclosed sum to Compana Pet Brands for the plants, which make food for animals large and small.
Mariano Berdegue, senior vice president for Cargill’s animal nutrition ...Read more
Popular Stories
- Florida falls short on EV chargers. So why is state sitting on millions to install them?
- Red Lobster bankruptcy exit gets green light. Fate of the all-you-can-eat shrimp deal unclear
- Newsom vetoes bill that would have offered home mortgage aid to undocumented immigrants
- Auto review: The 2024 Mercedes-Benz eSprinter electric van is a barn-dominium that hauls big loads
- US job growth improved late summer, but hiring trend is slowing. What will the Fed do?