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Southern California's jobs picture is improving; glimmer of hope seen in Hollywood employment

Business / Business News /

California's unemployment rate held steady last month and the overall jobs picture looked considerably brighter than earlier this year, according to new government data released Friday.

Still, at 5.2%, the state's jobless rate is tied with Nevada for the highest in the country; the national unemployment figure averaged 4.1% last month.

But ...Read more

Jason Getz/The Atlanta Journal-Constitution/TNS

Gov. Kemp is leading a weeklong economic development mission to Italy

Business / Business News /

Gov. Brian Kemp announced Friday he will visit Italy for a weeklong trip to fortify business relationships with one of Europe’s largest economies.

The Republican governor, first lady Marty Kemp and state economic development recruiters will meet with several Italian companies next week that operate facilities across Georgia, while also trying...Read more

Nathan Howard/Getty Images North America/TNS

What is CrowdStrike, and how did it cripple so many computers?

Business / Business News /

Talk about irony: The software that paralyzed Windows computers around the world late Thursday night and early Friday morning was planted by a company that protects Windows computers against malware.

That company is CrowdStrike, a publicly traded cybersecurity firm based in Austin, Texas. It acknowledged the problem around 11 p.m. Thursday and ...Read more

Liam Daniel/Netflix/TNS

'Bridgerton', 'Baby Reindeer' help boost Netflix earnings

Business / Business News /

Netflix on Thursday touted its strong business growth in the second quarter, as its subscriber count grew by 8.05 million to about 278 million in the period.

Revenue rose 17% to nearly $9.6 billion from the same period last year, the Los Gatos, Calif., company reported.

Net income was $2.1 billion, up from $1.49 billion a year earlier.

The ...Read more

Scott Olson/Getty Images North America/TNS

Why the presidential race could be affecting US car sales

Business / Business News /

Inflation and high interest rates are weighing down sales of new cars and trucks in San Diego and across California but some industry analysts and dealers suspect another factor is quickly coming into play — anxiety about the upcoming presidential election.

“In my experience, when there’s uncertainty in national or international or state ...Read more

Alejandro A. Alvarez/The Philadelphia Inquirer/TNS

Global IT crash eases after disrupting flights and trading

Business / Business News /

In what will go down as the most spectacular IT failure the world has ever seen, a botched software update from cybersecurity firm CrowdStrike Holdings Inc. crashed countless Microsoft Windows computer systems globally.

Microsoft Corp. and CrowdStrike have rolled out fixes and systems are being restored. But for several hours, bankers in Hong ...Read more

Spencer Platt/Getty Images North America/TNS

Donald Trump uses convention stage to call for UAW leader's firing

Business / Business News /

MILWAUKEE — Republican presidential nominee Donald Trump used the spotlight of his party's national convention on Thursday night to call for the firing of the leader of the United Auto Workers, escalating his ongoing feud with Shawn Fain, whose union labeled Trump a "scab."

Trump made his comment after saying China was building auto plants ...Read more

Alejandro A. Alvarez/The Philadelphia Inquirer/TNS

Unprecedented IT outage cripples businesses around the globe

Business / Business News /

Computer systems at businesses and public services around the globe were disrupted after a botched update of a widely used cybersecurity program took down Microsoft Corp. systems.

CrowdStrike Holdings Inc. Chief Executive Officer George Kurtz posted on X on Friday that the fault had been identified and “a fix has been deployed,” adding ...Read more

Jim Frenak-FPI Studios/CHEVROLET/TNS

EV road-trippers find ways to stay charged up

Business / Business News /

WASHINGTON — As roadside chargers have become more common across the country, great American road trips are possible with electric vehicles. But they're not seamless.

A recent Fourth of July visit to West Virginia in the new 2024 Chevrolet Blazer EV from this Washington policy reporter, plus conversations with Michigan EV drivers accustomed ...Read more

MullenLowe/Acura/TNS

Auto review: Acura MDX gets upgraded for the 2025 model year

Business / Business News /

There are many Acura models with names that are sure to bring blank stares in most people, like the Acura SLX. Don’t remember it, do you? How about the CSX, RSX, or ZDX? Yet odds are you remember the MDX, Acura’s best-selling model, with more than 1.2 million sold in the past 24 years.

For the 2025 model year, it receives a number of minor ...Read more

Marc Grasso/Boston Herald/TNS

Auto review: 2024 BMW X5 M is luxury and power at its best

Business / Business News /

BMW loves to provide power to its luxury vehicles, and this week it delivers a monster SUV to Grasso’s Garage: a 2024 BMW X5 M Competition in outstanding Santorini Blue.

For Ford Mustang lovers, Grabber Blue was the color to have back in the day, and BMW just did the unthinkable by making an almost identical color available on their top ...Read more

Jane Tyska/Bay Area News Group/TNS

San Francisco: The world's most unusual books are entirely made by hand at the Presidio

Business / Business News /

All of the world’s great print centers have been located in humid environments. Paper is often transported by sea, of course, but humidity also just helps things keep humming, says Arion Press’ Blake Riley — the ink running smoothly, the machinery not becoming brittle and breaking down.

Arion Press is one of the world’s great printing ...Read more

Henry Payne/The Detroit News/TNS

Auto review: Stylish Hyundai Sonata punches above its class

Business / Business News /

I’m old enough to remember the tin cans with roll-up windows that Hyundai displayed at the Detroit Auto Show in 2000. You’ve come a long way, baby.

The Hyundai Sonata has been one of the most stylish mainstream sedans in the U.S. market since its breakout, sixth-generation 2010 model — alongside the most stylish mainstream compact in the ...Read more

Las Vegas Review-Journal/Las Vegas Review-Journal/TNS

Nevada Supreme Court orders new trial in slot technology case

Business / Business News /

The Nevada Supreme Court has reversed a Clark County District Court ruling involving a technology engineer who had been working with Caesars Entertainment to bring new gaming technology to market.

The high court ruled in June that a case before Clark County District Judge Nancy Alff be remanded back to District Court for a new trial after ...Read more

Dreamstime/Dreamstime/TNS

Amazon's Prime Day brings record sales again as shoppers hunt for deals

Business / Business News /

Amazon’s Prime Day brought in record sales this year, as inflation eased and shoppers held off on orders in anticipation of the annual sale.

Total online spending over the course of the 48-hour sales event — July 16-17 — clocked in at $14.2 billion, up 11% from last year’s Prime Day, according to Adobe Analytics, which provides ...Read more

MICHAEL TEWELDE/AFP/Getty Images North America/TNS

Boeing to plead guilty to fraud for violating deal over 737 Max crashes

Business / Business News /

Boeing Co. will plead guilty to criminal conspiracy in connection with two fatal crashes of its 737 Max jetliner, an agreement that disgraces the storied US planemaker as a felon but avoids a bruising courtroom confrontation as it tries to rebound from multiple crises.

Under the agreement with US prosecutors, Boeing faces a criminal fine of as ...Read more

Courtesy General Motors/TNS/TNS

US public EV chargers set to surpass gas stations in 8 years

Business / Business News /

On April 16, piloting an electric vehicle through the north of North Dakota became far less fraught. That’s when a new fast-charging station switched on at a Simonson Station Store gas station in Minot, close to a Red Wing boot shop.

Zero-emission drivers around El Paso, Texas, can also rest easier thanks to two new stations up the road in ...Read more

Aric Crabb/Bay Area News Group/TNS

Report: A Bay Area without BART would impact housing, traffic and the economy

Business / Business News /

Bay Area Rapid Transit has been crystal clear about the consequences of its so-called impending fiscal cliff. The transit agency is facing a $35 million budget shortfall in the 2026 fiscal year, and without a new source of revenue, stations could close, train lines could shut down, weekend service could be axed and mass layoffs could cripple ...Read more

George Avalos/Bay Area News Group/TNS

Empty offices haunt downtown San Jose, Oakland and San Francisco

Business / Business News /

SAN JOSE, California — Empty offices haunt the downtown districts of the Bay Area’s three largest cities, a new report shows, an indicator that companies and workers still shun the cores of this region’s urban centers.

During the April-through-June second quarter of 2024, office buildings were about one-third vacant in downtown San Jose, ...Read more

Jane Tyska/Bay Area News Group/TNS

Apple affordable housing push helps Santa Cruz, San Francisco projects

Business / Business News /

CUPERTINO, California — Apple has launched what it calls a “Bay Area Housing Innovation Fund” that the iPhone maker hopes will help bolster the development of more affordable homes in the region and adjacent areas.

The housing innovation fund will make targeted loans with favorable terms to create more development of affordable residences...Read more