Los Angeles is facing a projected deficit of nearly $1 billion in the next fiscal year as the city grapples with the aftermath of historic wildfires and a deep decline in revenue.

A key budget official painted a grim picture of the city’s finances at a council meeting on Wednesday. Warnings included the possibility of thousands of layoffs ...Read more

Stellantis NV has offered hourly employees across multiple Detroit and Toledo-area facilities buyouts worth $50,000 or more, the latest move by the automaker as it seeks to reduce costs and streamline its workforce in the United States.

The voluntary termination of employment program, or VTEP, applies to certain United Auto Workers-represented ...Read more

LOS ANGELES — Cody Recker and Jessica Perez loved their Boyle Heights rental — warts and all. Lots of warts.

The plumbing broke, spraying raw sewage puddles on the floor. The floor and foundation were falling apart, inviting hordes of mice and fleas. The basement flooded 14 times, and there were so many leaks in the attic that mushrooms ...Read more

The Walt Disney Co. took a victory lap at its annual shareholders meeting Thursday, promoting its theatrical and series successes released this past year while touting investments in its parks division and announcing a sequel to the 2017 animated Pixar hit "Coco."

The upbeat tone of the online meeting was a far cry from last year's tension-...Read more

A popular ride at Six Flags Magic Mountain caused a severe head injury that killed a 22-year-old, according to a lawsuit filed by a Garden Grove, California, family.

The fatality occurred June 23, 2022, after Christopher Hawley rode the X2 roller coaster at Six Flags Magic Mountain in Valencia, California. He was in a row by himself with his ...Read more

Philadelphia is looking into proactively inspecting rental homes for safety and health instead of relying on tenants’ complaints to trigger inspections, according to a city official who testified at a City Council hearing Tuesday.

The Department of Licenses and Inspections has started working with the Pew Charitable Trusts to conduct research...Read more

OKEECHOBEE, Florida — At daybreak on a misty-blue Wednesday, a herd of cows and bulls are horseplaying on a South Florida prairie when a tractor roars to life, hoisting in its jaws a hay bale as golden as the sun. Curious copper-red cows crook their heads toward the noise.

It’s ear-tagging and DNA tissue-sampling day at Rancher’s Reserve ...Read more

President Trump is calling for lower interest rates after the Federal Reserve announced it would hold them steady amid uncertainty over his plans for tariffs on imported goods.

Rejecting the traditional independence of the central bank, Trump Thursday called on the Fed to “do the right thing” and lower borrowing costs to keep the economy ...Read more

Mattel, the toymaker behind Barbie and Hot Wheels, is laying off 120 workers from its El Segundo headquarters, according to a notice provided to state and local officials.

The toy and entertainment company is cutting various roles including in marketing, design and information technology. Some of the employees held positions as managers, ...Read more

Fox News host Sean Hannity joined President Trump in throwing his support behind Republican mega-donor Elon Musk’s embattled electric vehicle company.

The veteran TV personality hosted Musk for an interview Tuesday night, when he heaped praise on Tesla — much to the liking of the automaker’s polarizing CEO. Hannity started by stating he ...Read more

The family of John “Mitch” Barnett, a Boeing whistleblower whose death last year brought fresh attention to the company’s persistent struggles with quality, filed a wrongful-death lawsuit Wednesday in U.S. District Court in Charleston, South Carolina, blaming the aerospace company for Barnett’s suicide.

Barnett was found March 9, 2024,...Read more

As device charging becomes more important to our daily lives, I’m drawn to better and smarter chargers.

When I leave town, I’m usually carrying a laptop, my phone, an iPad and my watch. Now add my wife’s laptop and phone and her Fitbit and we have a serious nightly charging requirement.

I’m the kind of person who puts together a ...Read more

The Chicago Sun-Times, which bills itself as the hardest-working newspaper in America, may have to work even harder after more than a fifth of its staffers took a buyout, heading off potential layoffs in a sweeping cost-cutting initiative by Chicago Public Media.

Thirty Sun-Times employees, including 23 reporters and editors, will be ...Read more

“DOGE Has 10 Staffers at Social Security in Hunt for Dead People,” the headlines read this past week.

I found a dead person on Social Security. Right here in Seattle, on Capitol Hill.

Of course the circumstances of Ned Johnson’s death were completely the opposite of what Elon Musk and his Department of Government Efficiency had claimed ...Read more

Consumers aren’t turning to comfort foods like Lucky Charms or Chex Mix to quell their economic anxieties, forcing General Mills to enter cost-cutting mode.

“Our imperative is to get back to growth,” CEO Jeff Harmening said. “It’s very clear to us we have an opportunity to improve the way we go about our business and become more ...Read more

The U.S. Food and Drug Administration on Tuesday announced a Class 1 recall — the most serious level — affecting more than 26,000 Medtronic devices used to treat brain aneurysms. The recall comes after four reported deaths and 17 injuries.

The recall affects two versions of the device. For its Pipeline Vantage 021 models, Medtronic is ...Read more

MGM Resorts International customers who believe their personal information was exposed in two data breaches that occurred in July 2019 and September 2023 have until June 3 to submit a claim form through a class-action lawsuit.

U.S. District Judge Gloria Navarro, in January, preliminarily approved a $45 million settlement in a lawsuit brought ...Read more

Tesla was granted a permit in California allowing it to operate its own fleet of taxis driven by company employees, state officials said, the first in a step toward autonomous Tesla taxis.

Approved by the California Public Utilities Commission on Tuesday, its new transporter charter-party carrier, or TCP permit, only allows it to use company-...Read more

Federal Reserve officials held their benchmark interest rate steady for a second straight meeting, though they telegraphed expectations for slower economic growth and higher inflation.

The Federal Open Market Committee voted on Wednesday to keep the benchmark federal funds rate in a range of 4.25%-4.5%, and said it would further slow the pace ...Read more