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Billionaire tax rejected on concern squeezing California's ultra-rich would harm the economy

Lun, 11/09/2026 - 20:38

Supporters of Proposition 40, a proposal to tax California billionaires to mostly fund healthcare, faced opposition from politicians, a teachers union and other powerful groups before residents cast their votes.

Lawmakers briefed on Nvidia affair as security concerns mount

Lun, 11/09/2026 - 15:51

Congressional Republicans have called on Huang himself to provide an update, warning the incident raised 'significant national security concerns.'

Skydance looks to cut more than $6 billion as it integrates Warner Bros. operations

Lun, 11/09/2026 - 15:17

Executives warned that the Warner Bros. film slate would be disappointing in the fourth quarter.

James Gunn and Peter Safran are replaced as heads of DC Studios

Lun, 11/09/2026 - 11:44

Skydance made the announcement Monday. Gunn and Safran will be replaced by Marvel veteran Jeremy Latcham.

Nvidia CEO Jensen Huang's image tarnished by board investigation and affair, analysts say

Dom, 11/08/2026 - 18:07

Nvidia's board of directors said Sunday it will launch an investigation into its CEO Jensen Huang, after he revealed he had an affair with a former Chinese executive.

Great America, the Bay Area's premier theme park, is closing for good. Here's when

Sáb, 11/07/2026 - 07:00

Great America, the beloved hometown theme park for generations of Northern Californians, has announced there will be one more season of roller coasters and funnel cakes before the gates close for good.

SoCal's El Pollo Loco says it's found a sweet spot for concerned consumers

Sáb, 11/07/2026 - 05:00

El Pollo Loco posted positive third quarter earnings on Thursday and has seen its shares rise nearly 50% so far this year.

California's 'billionaire tax' is still undecided. Here's where Proposition 40 stands

Vie, 11/06/2026 - 18:56

How each county in California voted for the billionaires tax Proposition 40 and its two counter ballot measures, Proposition 41 and 42.

Jane Kim wins race to be California's next insurance commissioner

Vie, 11/06/2026 - 16:49

Former San Francisco Supervisor Jane Kim declared victory Friday in the race to be California's next insurance commissioner, with veteran legislator Ben Allen conceding.

Tesla will phase out Cybertruck production next year, Musk says

Vie, 11/06/2026 - 15:32

Tesla Chief Executive Elon Musk said that the company will be winding down production of the Cybertruck at its Texas factory next year.

No one wanted this Long Beach home until waves crashed into its living room

Vie, 11/06/2026 - 15:00

An oceanfront home on the Long Beach Peninsula couldn't find a buyer at $4.95 million. But after it was damaged by massive waves, its price dropped and it's getting plenty of interest.

Hiltzik: CVS unwinds its big mergers, ending a dream of healthcare dominance

Vie, 11/06/2026 - 05:00

CVS thought bigness would be better, but it turned out to be wrong.

Clifton's quietly reopens with plans to become an immersive, Meow Wolf-inspired megaspace

Vie, 11/06/2026 - 05:00

The new operators have grand dreams for the famed downtown venue, including a long-running, never-ending, 'Dungeons & Dragons'-inspired game.

Social media companies sue California over new law restricting use for children

Jue, 11/05/2026 - 15:03

Technology giants are pushing back against efforts to block teens from endless scrolling.

What the Democratic landslide means for GOP booster Elon Musk and his businesses

Jue, 11/05/2026 - 05:00

Tesla, SpaceX and X CEO Elon Musk reportedly spent close to $450 million backing Republican candidates. His companies could have challenging times ahead.

New Culver City development will add hundreds of apartments, two parks and restaurants

Jue, 11/05/2026 - 05:00

Construction has begun on a $200-million apartment complex in Culver City at a time when housing development in much of Los Angeles County has slowed in spite of strong demand.

SoCal Berry Growers to close six farm locations, lay off hundreds of workers

Jue, 11/05/2026 - 05:00

The closures come months after SoCal Berry Growers employees voted to join the United Farm Workers. The company hasn't said why it is shutting down.

Why California's billionaire tax was a harder sell than expected

Jue, 11/05/2026 - 05:00

In one of the most expensive ballot fights in California history, opponents heavily outspent supporters of a billionaire tax to mostly fund healthcare. On Wednesday, the wealth tax appeared headed for defeat though results on Proposition 40 were too close to call.

Hiltzik: With Trump and GOP on the run, Democrats have a chance to make a new New Deal

Jue, 11/05/2026 - 05:00

Trump and the Republicans worked hard to dismantle the New Deal. Let the rebuilding begin.

SoCal Outback Steakhouse franchisee files for bankruptcy, citing California's labor costs

Mié, 11/04/2026 - 05:00

San Diego-based Cerca Trova Restaurant Group, which once operated nearly 100 Outback Steakhouse restaurants, filed for Chapter 11 bankruptcy on Monday.

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