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January 2025 wildfire victims seek tougher penalties against State Farm over claims handling

Jue, 06/18/2026 - 16:42

The Every Fire Survivors Network, a group of January 2025 fire victims, has filed a petition to join state regulators seeking to fine State Farm over its claims handling practices.

Uber, California lawyers say deal reached to avert dueling ballot initiative showdown

Jue, 06/18/2026 - 16:35

The state's trial attorneys and Uber say they have reached a last-minute deal to scrap their competing ballot measures over car crash lawsuits and sexual assaults, averting what was gearing up to be one of most expensive battles of the November election.

Ford sues L.A. lemon law firm alleging 'utter fabrications' inflated fees by 7,000%

Jue, 06/18/2026 - 16:10

The car manufacturer is suing a prominent Los Angeles lemon law firm for alleged over-billing, the company's latest attempt to crack down on California attorneys who it says are exploiting the state's law to protect consumers from defective vehicles.

After nearly two decades, this massive New Mexico wind project is now powering California

Jue, 06/18/2026 - 16:01

One of the largest clean energy projects in United States history is now online, delivering electricity from a massive wind farm in New Mexico to Arizona and California.

Hiltzik: A porn firm that a judge called a 'copyright troll' now has Meta in its sights — and it could win

Jue, 06/18/2026 - 05:00

This porn company made millions by shaming the little guys who downloaded its films. But now it's going after Meta for copyright infringement.

Rivian lays off hundreds of workers days after new vehicle deliveries begin

Mié, 06/17/2026 - 14:02

The electric vehicle maker Rivian cut about 2% of its workforce following the first deliveries of the R2 SUV, a key new model with a lower price tag.

Allbirds stock takes flight after announcing new CEO and name change

Mié, 06/17/2026 - 13:47

Shoe company turned AI company Allbirds is changing its name and tapped a new CEO.

Trump administration pays $765M to kill more offshore wind projects, including one off California

Mié, 06/17/2026 - 13:42

The Trump administration on Wednesday said it will pay developer Invenergy $765 million to walk away from four U.S. wind leases, including one off the coast of California, and invest instead in geothermal and fossil fuel projects.

Capital Group buys Bunker Hill skyscraper

Mar, 06/16/2026 - 16:58

Los Angeles fund manager Capital Group has completed its $210-million purchase of the Bunker Hill skyscraper it already occupied as a renter and vows to continue expanding its downtown presence.

Snap unveils its $2,195 augmented reality glasses as rivalry with Meta heats up

Mar, 06/16/2026 - 15:42

Snap's Chief Executive Evan Spiegel jabbed at rival Meta and explained why he thinks smart glasses represent the "next major leap in computing" at a conference in Long Beach.

People are betting on elections in prediction markets. Congress is watching

Mar, 06/16/2026 - 13:03

As prediction markets stir debate over betting on politics, the Los Angeles mayoral race raised a new question: What happens when people wager on elections?

SpaceX buys AI coding startup for $60B in race for an edge over Anthropic and OpenAI

Mar, 06/16/2026 - 09:18

SpaceX will move forward with its $60 billion acquisition of AI startup Cursor as Elon Musk's company seeks a competitive edge against Anthropic and OpenAI after its Wall Street debut.

Struggling Pizza Hut restaurant chain sold for $2.7 billion

Mar, 06/16/2026 - 09:09

Yum Brands has sold the Pizza Hut restaurant chain in two deals worth $2.7 billion.

Uber, Lyft accused of charging different fees for the same rides at the same time

Mar, 06/16/2026 - 05:00

A Consumer Reports study found that the prices for Uber and Lyft trips can vary drastically even when booked for the same route at roughly the same time.

Hiltzik: Small investors have powered SpaceX higher, but they'll shoulder much of the risk when reality bites

Mar, 06/16/2026 - 05:00

Who will pay the price when the SpaceX hype ebbs? History says it will be the little guy

Trump's feud with AI company Anthropic keeps heating up

Mar, 06/16/2026 - 05:00

Anthropic officials are expected to meet with the White House on Monday after the US government, citing national security concerns, ordered the company to cut off access to its latest AI models.

Fox Corp. to buy streaming platform Roku for $22 billion

Lun, 06/15/2026 - 08:32

The deal will combine the Murdoch family's media assets, which include its news, sports and broadcast channels, with the San Jose-based streaming platform company that reaches 100 million consumers globally.

This startup was supposed to revolutionize California's wine industry: 'It totally failed'

Lun, 06/15/2026 - 05:00

Monarch Tractor, a startup founded in 2018 with promises of saving farmers time and money, collapsed after customers reported its tractor could not operate autonomously.

Steven Spielberg's 'Disclosure Day' takes the box office crown

Dom, 06/14/2026 - 18:31

Steven Spielberg's original alien drama "Disclosure Day" came in first at the box office, in a sign of the continued loyalty fans have toward the veteran director's work.

Infant formula recalled after California baby sickened with botulism

Dom, 06/14/2026 - 12:35

Nara Organics recalled its baby formula after a California child and two others were sickened by potentially fatal infant botulism, federal officials said.

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