New Star Wars ride at Disneyland reaches capacity within minutes

Business / Business News /

On the day it debuted at Disneyland, the Rise of the Resistance ride reached capacity almost immediately Friday morning, sparking celebration by those lucky park visitors who secured spots on the Star Wars-themed attraction and protests from those who were left out.

Expecting huge demand for the high-tech, immersive ride, Disneyland required ...Read more

Trump inked a deal with China. California is still sorting out the implications

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The list of Chinese goods Trump imposed tariffs on since launching a trade war two years ago seems like it runs forever: catfish, bird eggs, natural sponges, pearl onions, mushrooms, chestnuts, copper springs, tungsten wire, thermometer parts. These are just a few.

"It's mind-boggling to go down the list," said Jock O'Connell, international ...Read more

Consumer Confidential: Can California force companies to better protect customers? Former CFPB head has hope

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Richard Cordray, appointed by then-President Obama in 2011 as the first director of the Consumer Financial Protection Bureau, thinks California is on the right track in creating its own watchdog agency.

"This is a commendably bold step," he told me. "It will put California at the forefront of consumer financial protection at the state level."

...Read more

Judge threatens to order PG&E to hire more tree trimmers for California wildfire safety

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The federal judge overseeing PG&E Corp.'s criminal probation is considering ordering the beleaguered utility to order more tree trimmers in a move designed to enhance wildfire safety.

U.S. District Judge William Alsup late Thursday told PG&E to explain why it's still struggling to remove hazardous trees and limbs that could brush up against ...Read more

New software flaw could further delay Boeing's 737 Max

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Boeing Co. has identified a new software flaw in the grounded 737 Max that will require additional work, possibly further delaying the plane's return to service.

The company alerted the U.S. Federal Aviation Administration and is notifying customers and its suppliers, it said in an emailed statement. Boeing's best-selling jet was grounded on ...Read more

Banks that shun risky borrowers offer rosy view of US consumer

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NEW YORK -- With most U.S. households spending more and paying their bills on time, their creditors are feeling more confident than ever. To hear the CEOs of the nation's largest banks tell it this week, rarely has the American consumer been in better shape.

But look deeper and it's clear that view of the broad U.S. economy has its limits. They...Read more

White House considers changes to law banning overseas bribes

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WASHINGTON -- President Donald Trump's administration is weighing whether to seek changes to a 1977 law that makes it illegal for U.S. companies to bribe foreign officials.

"We are looking at it," White House Economic Adviser Larry Kudlow said at the White House on Friday, in response to a reporter's question about the Foreign Corrupt Practices...Read more

Trump bailout means farmers emerge optimistic from trade war

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WASHINGTON -- Donald Trump is boasting that he's made farmers "really happy." He's not wrong, but it's not just the trade deal that's left farmers optimistic for 2020.

Analysts are saying the accord signed this week mostly just takes trade back to normal for American agriculture. China has committed to $32 billion in additional purchases over ...Read more

Under the Hood: Adjusting low-beam headlights

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Q: We have a 2017 Nissan Altima and are trying to figure out how to adjust the low beams. We replaced the entire headlight assembly on our 2007 Toyota Highlander and were able to adjust the beams without a special tool. However, all online searches for the Nissan indicate the car has to be taken to the dealership for adjustment. Can you help ...Read more

Car buyers shun electric vehicles not named Tesla. Are carmakers driving off a cliff?

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Regulators are demanding zero-emission vehicles. And manufacturers are scrambling to provide them, spending billions on electric-car development.

Ford says a third of its vehicles will be electric by 2030. Volkswagen plans to sell a million EVs annually just two years from now. At Volvo, half its offerings will be electric by 2025. By the end ...Read more

Microsoft makes big push to tackle climate change, vowing to be 'carbon negative' by 2030

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REDMOND, Wash. -- In the latest move by Big Tech to address climate change, Microsoft has promised to be "carbon negative" within the decade and to use its technology, money and influence to drive down carbon emissions across the economy.

Microsoft's initiative, rolled out Thursday morning, commits the company by 2030 to removing more carbon ...Read more

Before SpaceX can launch astronauts, it has to ace this last big test

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Elon Musk founded SpaceX with the intention of one day sending humans to space.

Eighteen years later, the Hawthorne, Calif., company has launched commercial satellites, astronaut supplies, sensitive government payloads and even a Tesla Roadster. But not humans. Yet.

Only one major test now stands between SpaceX and its long-awaited plan to ...Read more

The Week Ahead: Netflix awaits investor reviews

Business / Business News /

In the week ahead, technology investors will be doing what millions of people do each night -- watching Netflix.

The media streaming company is one of the so-called FAANG stocks -- Facebook, Apple, Amazon, Netflix and Alphabet's Google. Four of them were among the biggest contributors to the stock market rally in 2019.

Netflix was outlier. It'...Read more

Auto review: Genesis begets the G70, a new smaller sporty sedan

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2020 Genesis G70: A new small luxury sedan. Will it rival its big brothers for value?

Price: $48,995 as tested. The Elite Package added low-beam assist, sunroof, and more for $1,750; the Prestige Package added around-view monitor, head-up display, and more for $2,500.

Conventional wisdom: Car and Driver likes the "fun-to-drive nature, classy ...Read more

California company's electric car charges closer to reality

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Lucid Motors, the Bay Area electric car startup that has set up shop in Tesla's backyard, is one step closer toward finally putting its first car on the market and into the hands of consumers.

The carmaker said this week that it will unveil the production version of its Lucid Air luxury sedan at an event in New York in April. Officials didn't ...Read more

Property taxes sink farmland owners

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Doug Schmale's family farm straddles the Great Plains in two parts: 4,500 acres in western Nebraska and a separate 160-acre plot in eastern Colorado. Schmale pays wildly different property taxes on either side of the border.

"The last time I ran the numbers, I was paying somewhere close to five or six times as much in Nebraska than I was paying...Read more

Fiat Chrysler mechanic is quietly transforming muscle cars in unmarked garage in Detroit suburb

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CLINTON TOWNSHIP, Mich. -- The men talk of Plum Crazy Purple, Vitamin C Orange and Sassy Grass Green.

These are the colors of their childhood.

These are the colors of classic cars that bring back memories of a simpler time so long ago, when America had just three TV networks and driving to the grocery store with mom or dad felt like a reward. ...Read more

Disneyland's Rise of the Resistance ride is opening. How bad will the crowds be?

Business / Business News /

The opening of Disneyland's Star Wars land seven months ago represented the park's biggest expansion and a $1-billion investment that Walt Disney Co. executives hoped would pay off with booming attendance and a surge in the sales of space-themed food, glowing light sabers and plush Yoda dolls.

It didn't quite work out that way. After a crush of...Read more

Pa. approves Aqua America's $4.3 billion expansion into natural gas. Now it wants to be Essential.

Business / Business News /

Pennsylvania regulators on Thursday approved Aqua America Inc.'s $4.3 billion acquisition of one of the state's largest gas utilities, completing the Bryn Mawr firm's transformation from a water utility into an "infrastructure company" that will be rebranded Essential Utilities Inc.

The Pennsylvania Public Utility Commission, in a 4-1 vote, ...Read more

Comcast's streaming service Peacock will have live sports, news and late night shows early

Business / Business News /

Comcast unveiled its new streaming service Peacock on Thursday, which will be available without commercials for $9.99 a month or $4.99 a month for an ad-supported version, carrying live news, sports and late night programming from NBC along with such favorites as "The Office."

Along with a library of more than 10,000 hours of current and ...Read more