One of the founders of California Pizza Kitchen says that if he were to open the once-hot gourmet chain today, he would choose Florida over California.

While it is uncertain whether Florida Pizza Kitchen would have had the same global appeal, CPK co-founder Rick Rosenfield said in an interview this week that it has become too difficult to set ...Read more

In medicine, the uses for artificial intelligence have pretty much been limited to back office stuff — notetaking and appeals to health insurers to cover special medicines and treatments, those sorts of things.

That could be ready to change as the role of AI accelerates further into direct patient care in a pilot planned at Allegheny Health ...Read more

At a gathering of central bankers last month in Basel, Harvard University economist Gita Gopinath presented some unsettling data about stablecoins. Up to three-quarters of Tether’s USDT and Circle Internet Group Inc.’s USDC — the world’s most popular 1:1 dollar clones — are held in wallets where the users control the cryptographic keys...Read more

Californian icon Hot Dog on a Stick is plotting a comeback with a new owner, new outlets and new meats on sticks.

The fast food joint — with roots in Santa Monica's Muscle Beach and known for its corn dogs and hand-stomped lemonade — has plummeted from its glory days as a staple food at food courts across the state. The rise of competition ...Read more

It finally happened — Apple released a low-priced laptop.

I didn’t think this day would ever come — really.

Apple is kind of famous for not being on the cheap end of any hardware category. Apple products are fantastic. They’re solid and they work well, but cheap has never really been in the discussion.

Until earlier this year.

Apple ...Read more

Alaska Airlines has tapped Boeing's 737-800 airliners to replace its retiring Hawaiian Airlines-branded fleet for travel across Hawai‘i's islands.

Alaska, which acquired Hawaiian Airlines in 2024, announced Tuesday it has selected the aircraft to succeed the current Boeing 717 fleet.

The future fleet will be based in Honolulu, O‘ahu. The ...Read more

General Motors Co. expects a $1 billion contract with the U.S. Army for light utility vehicles based on the Chevrolet Colorado pickup trucks, CEO Mary Barra said Tuesday.

If federal funding is approved, Barra told investors that GM plans to supply the Army with 10,000 infantry squad vehicles. The infantry squad vehicle order is "expected to ...Read more

Billionaire investor Carl Icahn’s company is selling Pep Boys, the Philadelphia-founded auto service chain, to private equity-backed Mavis Tire Express Services for $700 million in cash, the parties said Tuesday.

Icahn’s publicly traded company, Icahn Enterprises LP, will keep owned real estate as well as Montgomery County-based Aamco ...Read more

General Motors Co.'s profits are rising as the Detroit automaker leans into money-making trucks and stops the bleeding from money-losing electric vehicles. One by-product: payouts to stockholders.

The automaker on Tuesday reported profits of $3.9 billion from April to June, up almost $1 billion compared to the same time last year. That's when ...Read more

Amazon.com Inc.’s business sales unit was recently on track to sell $60 billion of merchandise over the course of a full year, up about 71% from 2023, evidence that the world’s largest online retailer is gaining ground in corporate sales.

Amazon Business, a service that lets a range of businesses, schools and government entities place ...Read more

FARNBOROUGH, England — Boeing’s long-delayed 777X program faces another setback after one of its largest customers said it has concerns with the earliest-built planes.

Tim Clark, who runs Gulf carrier Emirates, said Tuesday the airline would not accept the first 10 777X planes slated for delivery due to the massive amount of repair work ...Read more

The sale of notorious Oceanwide Plaza in downtown Los Angeles is expected to be approved by a bankruptcy court judge, clearing the path for removal of graffiti that has loomed over the city skyline for years and completion of the long-stalled real estate development.

Work cleaning the skyscrapers — known informally as Graffiti Towers — ...Read more

The last time California foreclosures were this high was pre-pandemic, in 2019.

However, if you see this as a signal that hordes of California homeowners are going to lose their homes to foreclosure, just like the last real estate crash, you may be waiting a while.

My trusty spreadsheet reviewed a report from the real estate tracker Attom on ...Read more

Walt Disney Co. is laying off several hundred employees, including at Pixar Animation Studios and National Geographic, a company spokesperson said Tuesday.

Pixar is eliminating less than 10% of its staff, and the cuts are concentrated mostly in production and operations, according to a person familiar with the matter who declined to be named.

...Read more

LOS ANGELES — Netflix has revealed just how big it is betting on artificial intelligence, shelling out more than half a billion dollars for one of the early AI movers in Hollywood.

In March, the Los Gatos, California-based company announced it was acquiring Ben Affleck's AI film tech company, InterPositive. A new securities filing shows that ...Read more

A Delaware judge dismissed UnitedHealth Group’s defamation lawsuit against the Guardian, the U.K. news outlet that published a May 2025 story alleging the Eden Prairie-based health giant made secret payments to reduce costly hospital transfers.

In a ruling Monday, Delaware Superior Court Judge Calvin L. Scott, Jr., dismissed all six ...Read more

Two of California's boldest aerospace innovators joined forces to unveil an autonomous attack aircraft Monday.

Anduril Industries, a military technology company based in Costa Mesa, approached the San José-based air taxi venture Archer Aviation two years ago with a concept for a dual-use, self-flying rotorcraft.

The jointly developed hybrid-...Read more

General Motors Co.'s profits are up as the Detroit automaker leans into profitable trucks and stops the bleeding from money-losing electric vehicles, prompting payouts to shareholders.

The automaker on Tuesday reported profits of $3.9 billion from April to June, up almost $1 billion compared to the same time last year when tariffs shocked the ...Read more

The quickest way to clear a room full of people is to tell them that you work in the insurance industry.

“Because they think you’re going to try to sell them life insurance or something like that, when the reality is nothing could be further from the truth,” said Patrick Hanley, a former industry executive and current director of the UNLV...Read more

FARNBOROUGH, England — In a first for the aviation industry, GE Aerospace flew its experimental hybrid electric aircraft over the Atlantic Ocean.

In test flights, it has successfully flown the aircraft at an altitude of 30,000 feet, matching the altitude most passenger aircraft fly today and successfully taking the technology out of its ...Read more