Carolyn Cole/Los Angeles Times/TNS

Millions in fire-ravaged California risk losing home insurance

Business / Business News /

A California moratorium guaranteeing insurance in wildfire-threatened areas will lapse Saturday, putting 347,000 homes in Pasadena and other Los Angeles foothills communities at the mercy of the market.

As many as 2.4 million homes are at risk of losing protection in 2021 as year-long grace periods expire – though new disasters may extend ...Read more

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Elizabeth Holmes trial: Theranos cared more about PR and raising money than patients, former lab chief testifies

Business / Business News /

When former Theranos laboratory director Adam Rosendorff joined the startup, he saw so much promise in the idea of using a small blood-sized sample from a simple finger stick that he thought the company could become “the next Apple,“ he testified Friday.

But as the months wore on, he became concerned about Theranos’ technology and ...Read more

JoJo Whilden/Sony Pictures/TNS

Disney sues former Marvel artists over Iron Man and Spider-Man rights

Business / Business News /

Walt Disney Co. is taking legal action against former Marvel Comics writers and illustrators who are trying to claim rights to characters and stories they worked on decades ago, including Iron Man, Spider-Man and Daredevil.

Disney-owned Marvel on Friday sued several ex-Marvel comics artists in order to invalidate copyright termination notices ...Read more


Operators of contentious PennEast shale gas pipeline declare a retreat

Business / Business News /

Just three months ago, the operators of the contentious PennEast Pipeline won an important U.S. Supreme Court victory allowing them to condemn land in New Jersey over the objections of state government. But in the boardrooms of the companies that engineered and financed the $1.2 billion natural gas project, they were not exactly exchanging high-...Read more

Kent Nishimura/TNS

Delta pushes airlines to share no-fly lists names

Business / Business News /

Delta Air Lines shared with the Federal Aviation Administration the names of more than 600 passengers it has banned for unruly behavior, and asked other airlines to also share their no-fly lists.

“A list of banned customers doesn’t work as well if that customer can fly with another airline,” Atlanta-based Delta wrote in a memo in advance ...Read more

Nelvin C. Cepeda/San Diego Union-Tribune/TNS

San Diego weed dispensary disputes that its marketing targets minors

Business / Business News /

SAN DIEGO — The Cookies chain of cannabis dispensaries says its marketing efforts and company name have been misunderstood and distorted by local officials who have criticized the company, saying it targets youth.

The chain, which operates stores in La Mesa and Mission Valley, got approval in June to open a third location in Sorrento Valley. ...Read more


Tesla starts judging owners it charged $10,000 for self-driving

Business / Business News /

The wait is almost over for some Tesla Inc. customers to get access to driver-assistance technology the company has marketed in controversial ways — as long as they’re on their best behavior.

Chief Executive Officer Elon Musk has said that on Friday, the electric-car maker will roll out an updated version of its Full Self-Driving beta ...Read more

Al Seib/Los Angeles Times/TNS

Consumer Confidential: How Californians pay for electricity is changing

Business / Business News /

More than 2 million Southern California Edison residential customers are about to be switched to new rate plans.

Approximately half this number will see their monthly bills go down, the utility says. A million or so may see their bills rise by a few bucks.

And roughly 100,000 Edison customers could see their electricity bills climb by hundreds...Read more


Purchase chicken in the past 10 years? You might get some scratch back. How to file

Business / Business News /

A class action lawsuit alleging price-fixing in the poultry industry may mean a little extra grocery money in your pocket.



The class action lawsuit, known as The Broiler Chicken Antitrust suit, alleges that “defendants and their co-conspirators conspired to restrict the supply of, and fix, raise, and stabilize the price ...Read more

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The Week Ahead: Debt and deadlines

Business / Business News /

What does a Chinese property developer and the U.S. government have in common?


The real estate firm needs to pay some back, and Uncle Sam needs to be able to borrow more. How they meet or miss these obligations may dominate investor attention in the week ahead.

First, China real estate. Evergrande Group is coming up short of its ...Read more

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Ex-offenders get a second look in a tight US labor market

Business / Business News /

As companies struggle to find workers in a labor market disrupted by the pandemic, there are signs that the competition for talent is benefiting an often-sidelined group: the estimated one in three U.S. adults who have a criminal record.

Job boards aimed at this population say they are getting busier. One such marketplace, Honest Jobs, had 158 ...Read more


Motormouth: Can we use that charging station too?

Business / Business News /

Q: We have a new 2021 Ford Mustang Mach E and have a question regarding remote charging stations.

We have noticed many of the charging stations located in shopping center parking lots say, “Tesla cars only.” Does this mean only Teslas can charge at these locations? I do realize most of these units were installed when only Teslas were on the...Read more


Auto review: With a fresh interior and a $7,105 price cut, the Jaguar XF is a luxury car bargain

Business / Business News /

No matter how much money you have — or don’t have — everyone loves a bargain. So what if I said you can buy a new 2021 Jaguar sedan at a price that’s $7,105 lower than last year, yet it has a dramatically improved interior, updated infotainment system and styling updates? You’d say, tell me more.

OK, I will. For 2021, Jaguar has cut ...Read more


Autonomous Paccar trucks hit the road with FedEx deliveries

Business / Business News /

Aurora Innovation, a California-based self-driving technology company, this week begins testing autonomous trucks made by Washington-based Paccar, hauling FedEx loads between Dallas and Houston. The pilot marks the next phase of a partnership between the three companies that was announced in January.

"There's nothing that will be more ...Read more

Mark Felix/AFP/AFP/TNS

Citing religious beliefs to avoid the COVID-19 vaccine could cost you your job

Business / Business News /

As more employers require their workers to get vaccinated against COVID-19, more workers are finding religion. Or rather, "sincerely held religious beliefs" that, they say, prevent them from getting the shots.

Hundreds of Los Angeles firefighters have sought exemptions from the city's vaccine mandate for religious or medical reasons, and ...Read more


Auto review: Curvaceous Karma makes a sporty plug-in pitch

Business / Business News /

CHARLESTON, W.Va. — The Fisker Karma and Tesla Model S exploded into our lives in 2011. With stunning looks, sci-fi technology, dashing CEOs — even $500 million each in investment from the Obama/Biden administration — the four-door exotics promised a wild ride into the EV future.

But while Tesla soared, Fisker flamed out.

Burdened by a ...Read more

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Susan Tompor: As robocalls get blocked, text messages could be next big thing for scammers: What to know

Business / Business News /

The ongoing pandemic-related stress surely must be worth a free gift, bonus or some sort of discount somewhere.

Unfortunately, we're seeing an onslaught of texts promoting fake COVID-19-themed discounts and deals.

The Better Business Bureau mentions two specific scams that are hitting consumers in September.

There's the text pretending to be ...Read more

Wally Skalij/Los Angeles Times/TNS

Mark A. Stein: Partial solution to housing crisis: legalizing in-law suites, or ADUs

Business / Business News /

Wish you could generate extra income by owning a rental property? Looking for a close and affordable home for your aging parents? Need a place for your recent college graduate to stay until they find a job? You may be in luck.

More lawmakers across the country are adopting legislation to enable property owners to add a separate living space to ...Read more

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Why did China even allow Evergrande to last this long?

Business / Business News /

Many comparisons have been made lately between the collapse of Lehman Brothers Holdings Inc. and the apocalypse at China Evergrande Group, the world’s most indebted real estate developer. But they are nowhere close. Lehman was a top-tier investment bank that went from good to bad during the 2007 subprime mortgage crisis. On the other hand, ...Read more

Jessica J. Trevino/Detroit Free Press/TNS

UAW identifies $2M in 'improper expenditures' at Michigan local

Business / Business News /

The United Auto Workers is hailing its new auditing guidelines as a "deterrent" to corruption after its auditors discovered more than $2 million in improper expenditures of union dues at Local 412 in Warren, Mich., whose members include Stellantis NV workers.

The Local 412 financial secretary has been suspended, the UAW confirmed. The union's ...Read more