SAN JOSE, Calif. — CarMax has agreed to pay $1.1 million and change its practices to settle litigation from multiple California county prosecutors alleging the national auto dealer was slow-footing title transfers to customers in violation of state law.

The settlement with CarMax follows similar litigation resolved a year ago against ...Read more

LOS ANGELES — After a grueling seven weeks of court proceedings and more than 40 hours of tense deliberations across nine days in one of the country’s most closely watched civil trials, jurors handed down a landmark decision in Los Angeles Superior Court on Wednesday, finding Instagram and YouTube responsible for the suffering of a Chico ...Read more

LOS ANGELES — After a grueling seven weeks of court proceedings and more than 40 hours of tense deliberations across nine days, jurors handed down a landmark decision in Los Angeles Superior Court on Wednesday, finding Instagram and YouTube responsible for the suffering of a Chico woman who charged the platform was built to addict young users ...Read more

GEORGETOWN, Ky. — The second-best-selling automaker in the United States is finally making its move on electric vehicles.

Toyota Motor Corp., at a moment when its Detroit competitors are bringing back Hemi engines and taking massive write-downs on EV efforts, showed off its first-ever American-made battery-electric vehicle Monday during an ...Read more

SAN JOSE, Calif. — Mass deportations could jolt the Bay Area economy, erode the region’s already shaky job market, undermine federal, state and property tax revenue, and dampen retail and restaurant spending, according to a new economic report.

Deportations of undocumented immigrants could erase up to 5.8% of the nine-county region’s ...Read more

Give credit where it’s due. Despite all the setbacks, Donald Trump is right that the U.S.-Israeli war in Iran war hasn’t triggered the oil price super-spike many feared — at least not yet. “I thought it would be worse, much worse,” the American president said last week, and it’s hard to disagree. Trump, wearing his social media ...Read more

FORT WORTH, Texas — Texas Gov. Greg Abbott compared the state’s economy to a master planned community during a stop Tuesday at the Fort Worth Stockyards.

Abbott participated in a fireside chat with Hillwood Chairman Ross Perot Jr. to cap off the fifth annual Forward Fort Worth summit.

Years of design, planning and execution have resulted ...Read more

DETROIT — Robert Bollinger, the founder and one-time CEO of one of Michigan's best-known electric vehicle startups, is buying back major assets of his old company for a bargain price: just under $250,000.

It's the latest twist for a firm that just a few years ago sold a majority stake for $150 million during the height of the EV investment ...Read more

LOS ANGELES — The drab Chevron at the edge of Chinatown always makes the news. It's one of those Los Angeles gas stations that garners gasps, even shrieks, from Angelenos shocked by the cost per gallon, which is perpetually priced above other pumps across the city.

The price of gasoline has surged since the U.S. and Israel attacked Iran more ...Read more

PHILADELPHIA -- Kelly Cook got married in a $19 dress from a Macy’s clearance rack.

She and her husband, Damon, had $100 in their checking account at the time, she said. There was no theme, website, or videographer, just 50 people gathered in a scorching-hot Houston backyard.

To Cook, she said, “it was the most perfect wedding ever.”

...Read more

MIAMI — The possibility that Cubans in South Florida and elsewhere outside the island might soon be able to invest in and own businesses in Cuba may amount to little more than an invitation and a fantasy.

Standing in the way of any investments and businesses that Cuban exiles may want to start on the island, experts say, are U.S. government ...Read more

LOS ANGELES — As big malls and department stores close, bargain chains like Ross Dress for Less are rolling out new stores.

Economic anxiety and inflation are leading shoppers to spend less and search for savings. In this bombed-out retail landscape, some chains are thriving and opening new outlets.

At a new Ross in Alhambra, Liz Lopez was ...Read more

It's one of the truly seminal events of the computer age.

In December 1979, Apple co-founder Steve Jobs led a delegation of his engineers into Xerox's Palo Alto Research Center, the legendary PARC, for a demonstration of PARC's most closely held inventions.

The research lab was already known to Silicon Valley cognoscenti for having invented a ...Read more

Jurors in New Mexico leapfrogged their California peers Tuesday, handing down a $375 million verdict against Meta for endangering children while a similar lawsuit remains pending in Los Angeles County.

The jury in Santa Fe came back with a decision in just hours while the L.A. panel slogged through its eighth day of deliberations over charges ...Read more

OpenAI plans to shut down its Sora text-to-video tool, a stunning move that comes three months after Walt Disney Co. pledged to invest $1 billion in the artificial intelligence company and allow the use of dozens of beloved characters.

The San Francisco-based company did not disclose why it was shutting down the tool or the timeline for its ...Read more

Democratic lawmakers are demanding scrutiny into Paramount Skydance's financial backers amid rising concerns about potential foreign influence of U.S. media properties.

In a letter this week to Federal Communications Commission Chairman Brendan Carr, seven U.S. senators criticized Carr's suggestion that Paramount's $111 billion bid for Warner ...Read more

DETROIT -- Robot maker Fanuc America will expand its Michigan footprint with a $90 million investment to buy property and build an 840,000-square-foot facility in Pontiac that the company says will will be used for engineering and advanced manufacturing purposes.

The Rochester Hills-based subsidiary of Japanese robotics and automation giant ...Read more

Epic Games, the developer of the popular video game “Fortnite,” is laying off more than 1,000 employees and cutting $500 million in costs.

Chief Executive Tim Sweeney announced the cuts Tuesday morning in a message to employees. He said it has nothing to do with AI and instead pointed to what he said was a lack of “Fortnite” engagement ...Read more

RALEIGH, N.C. — Cary, North Carolina, video game developer Epic Games announced Tuesday it will lay off 1,000 workers as the company cited falling player interest in its hit Fortnite franchise.

This is Epic’s second mass jobs cut in the past three years. In September 2023, the company laid off 830 employees companywide, including 170 in the...Read more