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Joann plans to close roughly half its stores after bankruptcy filing
After filing for bankruptcy protection twice in less than a year, the crafts and fabric retailer Joann is moving to close around 500 stores across the country, including nearly 60 in California.
Joann announced Wednesday that it is seeking the go-ahead from a bankruptcy judge to carry out the closures as part of an ongoing Chapter 11 process. ...Read more

DeSantis takes action on immigration without going after businesses
TALLAHASSEE, Fla. — As Gov. Ron DeSantis and state lawmakers weighed how to respond to President Donald Trump’s immigration orders, they considered everything from mandatory death penalties for migrants who are in the country illegally to barring them from receiving in-state college tuition.
There’s one topic that was off the table, ...Read more

Jeff Bezos' Blue Origin, with major Space Coast presence, to lay off 10% of workforce
Jeff Bezos’ space company Blue Origin told employees Thursday it would lay off about 10% of its workforce.
The company has more than 10,000 employees, with a major presence on the Space Coast at its rocket factory adjacent Kennedy Space Center Visitor Complex where it constructs its New Glenn rocket. The rocker had a successful debut launch ...Read more

Trump cuts to medical research funds will hit Missouri hard
ST. LOUIS — Missouri universities are sounding the alarm over the attempt by President Donald Trump’s administration to cut grants supporting biomedical research — a move that could result in the state losing tens of millions of dollars in efforts to tackle diseases such as heart disease, cancer and diabetes.
A ruling this week by a ...Read more

What are United Airlines' “future options” for Denver airport site?
United Airlines’ development plan for 113.7 acres it bought near the Denver airport has raised questions about what the carrier plans to do with all that space.
The airline has said it will build a new flight center to supplement its main training facility in northeast Denver, but has remained mum on the entirety of its plans. An aviation ...Read more

Legal challenges to housing development aren't new to San Diego. But the group behind this one is
SAN DIEGO — A proposed 224-unit housing development that’s been called an ideal way to add mid-rise homes to mostly single-family neighborhoods is facing a new hurdle: a lawsuit over its potential impact on traffic and wildfire risk.
The project has been called ideal by city officials because it’s proposed for the edge of an existing ...Read more

Comcast's DEI policies face federal scrutiny as FCC opens investigation
Weeks after President Donald Trump ordered the government to combat diversity, equity, and inclusion initiatives in the private sector, a federal regulator this week said it had opened an investigation into Comcast Corp. to ensure the company is “not promoting invidious forms of discrimination” in violation of civil rights laws and ...Read more

Trump's plan to eliminate the penny follows sharp drop in US coin demand at Philadelphia mint
PHILADELPHIA — Congress, the Supreme Court, the central bank, the President's House — all national institutions that graced Philadelphia when it was the nation's capital in the 1790s — left long ago for Washington, D.C.
But not the U.S. Mint. The modern successor to the early coin-striking center built on Seventh Street in 1792 is now the...Read more

US wholesale inflation tops estimates on food, energy prices
U.S. wholesale prices rose in January by more than forecast on higher food and energy costs, highlighting only limited progress on inflation ahead of tariffs imposed by the Trump administration.
The producer price index for final demand climbed 0.4% from a month earlier following an upwardly revised 0.5% increase in December, according to a ...Read more

A major step for Las Vegas' new airport to begin in 2025
A major step in the process of building a new airport south of Las Vegas to supplement Harry Reid International Airport operations is expected to begin sometime this year.
The Southern Nevada Supplemental Airport in the Ivanpah Valley between Jean and Primm just east of Interstate 15 has been under consideration for decades. For various reasons...Read more
Real estate Q&A: How can I get out of joint ownership of a home?
Q: As a single mom, I bought a house with my son about a decade ago. We used both incomes to qualify for the mortgage and split the costs. A few years later, he began a relationship, and his significant other moved in. Eventually, I met someone, and we want to buy a house. The problem is that we can’t qualify for the loan because I have the ...Read more

Amazon looks to hire 2,000 new workers in Inland Empire
Amazon is gearing up for a hiring spree in California's Inland Empire.
The e-commerce giant plans to hire more than 2,000 full-time and part-time workers to staff two new facilities in Fontana and Jurupa. The new facilities, called "inbound cross docks," launched operations earlier this month and are designed to receive cargo and sort ...Read more

MGM Resorts posts record revenue in '24
Las Vegas-based MGM Resorts International reported its highest annual net revenue in 2024 despite flat returns from its hometown operations.
MGM Resorts generated $17.2 billion in full year consolidated net revenue last year, an increase of 7 percent compared to 2023, the company said Wednesday during an end of year earnings call. The record-...Read more

Canned tuna sold by Trader Joe's, Costco and others recalled for botulism risk
Tri-Union Seafoods, an El Segundo, California-based food supplier, announced a recall for canned tuna products distributed to stores in California and other states that may be at risk for botulism poisoning. The affected brands include Trader Joe's, Costco, HEB and Genova.
No one has become ill in connection with the affected products, ...Read more

Falling Citizens Insurance rates can't stop premiums from rising
Citizens Insurance customers who renew their policies after June 1 shouldn’t expect their premiums to fall despite what the governor said last week.
During a news conference to highlight positive developments that have occurred in the insurance market since the Legislature enacted tort reforms in 2022 and 2023, Gov. Ron DeSantis announced ...Read more
Joann, bankrupt fabrics and crafts company, to close 500 stores
Fabric and crafting store Joann is set to close more than half of its 800 stores as part of the bankruptcy process.
The company, which filed for Chapter 11 protection a second time last month, had previously it would continue to operate its brick-and-mortar locations as it searched for a buyer.
In a court filing this week, the company said it ...Read more

Hollywood writers say AI is ripping off their work. They want studios to sue
When the Writers Guild of America approved a contract with major studios in 2023, ending a 148-day strike, the union became the first bargaining group to gain significant guardrails around artificial intelligence in Hollywood.
But as AI innovation continues to advance, writers say they need more protection from studios. Now, they're urging ...Read more

Evan Ramstad: China's AI star DeepSeek shook basic patterns of high tech
It’s easy to analyze the strategies of high technology businesses if you know this: Hardware is always upgrading and software is always degrading.
The news last month about China’s DeepSeek artificial intelligence breakthrough blew away Silicon Valley and investors because it defied this industry norm.
Historically, the improving ...Read more

FCC launches effort to 'root out' DEI programs, beginning with Comcast
The Federal Communications Commission has opened an inquiry into Comcast Corp.'s employee programs, stepping up efforts to "root out" diversity, equity and inclusion initiatives that it said may violate equal employment laws.
Comcast is the first media company to face such an inquiry. The Philadelphia cable and television giant said in a ...Read more

Behind the staggering economic toll of the LA wildfires
A disastrous spate of wildfires last month leveled thousands of homes and businesses, changing the course of people’s lives and disrupting the economic balance of major industries across Southern California.
The financial losses are staggering. Estimates of the toll in the Los Angeles region have swelled to more than $250 billion, making it ...Read more
Popular Stories
- Falling Citizens Insurance rates can't stop premiums from rising
- Trump cuts to medical research funds will hit Missouri hard
- Amazon looks to hire 2,000 new workers in Inland Empire
- What are United Airlines' “future options” for Denver airport site?
- Canned tuna sold by Trader Joe's, Costco and others recalled for botulism risk