LOS ANGELES — A group of California homeowners is taking on insurance companies that they say illegally coordinated to deny coverage to fire-prone areas, leaving thousands of displaced residents drastically…
Business
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U.S. trucking is heading for a slowdown, with industry players fearing the “worst is yet to come” as tariffs start to crimp imports. Trucking volumes have plunged to near pre-pandemic…
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Business
Musk says time commitment to DOGE will ‘drop significantly’ as focus returns to Tesla
by adminTech billionaire Elon Musk said Tuesday that he will begin dedicating more time to Tesla and less to his work with the Trump administration starting next month, providing a relief…
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The top producer at CBS’ “60 Minutes” announced Tuesday he would step down from the newsmagazine because he had lost his journalistic independence. “Over the past months, it has ……
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RTX and GE Aerospace expect a more than $1 billion impact combined from President Donald Trump’s tariffs on imported goods and materials, the latest sign of higher prices for major U.S. manufacturers that rely on a…
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Business
It’s Elon Musk’s turn for a ‘fork in the road’ as Tesla faces Wall Street scrutiny
by adminIt might be time for Tesla CEO Elon Musk’s own fork in the road. The electric carmaker is set to report quarterly earnings Tuesday afternoon that may say a lot…
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Chipotle Mexican Grill will open its first location in Mexico early next year as the latest stage in its international expansion. The company announced Monday that it has signed a development…
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Business
Netflix maintained its 2025 guidance. That may not be the sign of confidence it seems.
by adminNetflix executives messaged Thursday that all is well with the business in the face of economic turbulence. But its full-year outlook tells a slightly more nuanced story. Netflix posted a big…
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Nintendo on Friday announced that retail preorder for its Nintendo Switch 2 gaming system will begin on April 24 starting at $449.99. Preorders for the hotly anticipated console were initially…
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Capital One Financial’s application to acquire Discover Financial Services in a $35.3 billion all-stock deal has officially been approved by the Federal Reserve and the Office of the Comptroller of the Currency, the regulators announced on Friday.…