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Anduril to invest another $1 billion in California with new Long Beach campus
Anduril Industries, one of the leading defense companies in Southern California, will expand in Long Beach with a new $1 billion complex near the city's airport.
Anduril is developing new defense technologies that include...Read more
Feds approve GM, Ford industrial banks for vehicle savings accounts
The federal government has given General Motors Co. and Ford Motor Co. conditional approval to create industrial banks that will allow the companies to accept insured deposits for vehicle purchases.
The automakers have a ...Read more
TikTok seals deal to operate in the US after years of drama
TikTok and its Chinese parent ByteDance Ltd. have closed a long-awaited deal to transfer parts of its U.S. operations to American investors, securing the popular video app’s future in the U.S. and avoiding a nationwide ...Read more
California's billionaire tax proposal roils Bay Area havens, divides politicians
When billionaire venture capitalist Vinod Khosla publicly branded Rep. Ro Khanna a “commie comrade” over the weekend, it was more than a personal jab — it was a sign of how fiercely a new proposal to tax California�...Read more
Trump administration sues the state of Michigan over cage-free egg law
LANSING, Michigan — The U.S. Department of Justice is suing the state of Michigan over its prohibition on eggs laid by caged hens, arguing it is the responsibility of the federal government alone to regulate eggs bought ...Read more
Target store staff are skipping work over ICE's crackdown in Minnesota
Target Corp. was hoping for a fresh start with a new chief executive officer, but an immigration crackdown in its hometown Minneapolis is putting the retailer back in a familiar position: confronting a political maelstrom ...Read more
Businesses close, Minnesotans to stay home Friday in protest of ICE
Businesses across Minnesota will shutter temporarily Jan. 23 as part of an economic blackout intended to show support for immigrant workers, customers and neighbors who have been the target of federal agents.
The “ICE ...Read more
3M ends PFAS manufacturing on schedule
3M has completed its goal of phasing out “forever chemical” manufacturing by the end of 2025, company officials say.
The Minnesota-based company had announced in December 2022 it would discontinue the manufacture of ...Read more
Trump sues JPMorgan for $5 billion over debanking claims
President Donald Trump sued JPMorgan Chase & Co. and its chief executive officer, Jamie Dimon, for at least $5 billion over allegations that the lender stopped offering him and his businesses banking services for political...Read more
GM to bring production of Buick compact SUV to US from China
General Motors Co. will onshore production of the Buick Envision from China to Kansas, the Detroit automaker confirmed Thursday.
Production of the next-generation compact SUV is slated for 2028 at the Fairfax Assembly & ...Read more
More than half of California's billionaires call the Bay Area home: Who are they?
If the proposed California Billionaire Tax Act qualifies for the November ballot and voters approve it, California residents worth more than $1 billion as of Dec. 31, 2025, would face a new 5% one-time tax on their net ...Read more
Real estate Q&A: We bought house together, but it's in only one name. What rights do I have?
Q: I purchased a house with my girlfriend, but because she had better credit, we put it in just her name. Besides splitting the down payment, I’ve been helping pay all the bills, including the mortgage, and I even paid ...Read more
Zillow accused of referral monopoly, steering homebuyers to its lenders
A new lawsuit alleges Zillow used its monopoly power to charge high referral fees and pressured agents to channel homebuyers into its lending business.
The lawsuit filed Friday in the U.S. District Court for the Western ...Read more
Nevada slot machines are getting tighter, says UNLV report
There’s a theory — maybe call it a conspiracy theory? — that the reason Nevada gaming win is up despite visitation being down is that the state’s slot machines are taking more money than they’re legally allowed. ...Read more
Why buyers are seeing home sales climb and prices dip in South Florida
Residential sales were up and prices were down in December as the South Florida real estate market continues to favor buyers.
Sales of both condos and single-family homes were up in Miami-Dade and Broward counties last ...Read more
What's a billion-dollar loan really worth? For private credit funds, it depends on who's counting
As pension funds and other investors have cut back new private equity investments after years of poor returns, Wall Street private equity managers such as Apollo Global, Blackstone, and KKR have moved more heavily into ...Read more
Nvidia CEO says AI will create jobs for electricians and plumbers
As artificial intelligence threatens to upend job markets in countries around the world, Nvidia Corp. Chief Executive Officer Jensen Huang brushed off longer term concerns and made the case that skilled vocational workers ...Read more
Comerica employees laid off as merger with Fifth Third progresses
Employees at Comerica Inc. are experiencing layoffs as a $10.9 billion acquisition is being finalized between the Detroit-founded bank and Cincinnati-based Fifth Third Bank.
Several LinkedIn posts report layoffs from ...Read more
Michigan battery firm Our Next Energy cuts staff after losing EV contract
Michigan battery maker Our Next Energy laid off 29 employees earlier this month after its largest electric vehicle customer "suddenly and unexpectedly cancelled its contract," the company told state employment officials.
...Read more
Tech review: These two chargers might be all you need
Phones used to ship with a lot of accessories that usually included headphones, a charging cable and a USB wall charger.
Today, phones ship with a charging cable and that’s about it, so you’re on your own for a wall ...Read more
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