Business
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Real estate Q&A: Can we keep deposit after buyer backed out of home sale?
Q: We had our house under contract. and everything was on track. The inspection period had passed, and the buyer’s loan was approved; then he simply changed his mind because he found another house he liked better. We took our home off the market for six weeks for him. He left a good-sized deposit in escrow. Can we keep it? — Theodore
A: You...Read more
The Live Nation empire that music fans hate is at risk of a breakup
The Crowbar nightclub of Tampa, Florida, never looked like much outside: a squat building with painted-over windows in a neighborhood where feral chickens roam brick streets.
Inside was where the magic happened. For 20 years, Crowbar’s single, 300-person room served as a place to hear unknown artists before they broke or popular acts ...Read more
Amazon employee sues company, claiming it mishandled rape report
A Seattle-based Amazon employee is suing the company, claiming it tried to silence her after she alleged that a senior manager raped her in 2023.
Laura Danbom, who joined the company in 2017 and is still working there, told The Seattle Times that after the assault during a work trip in New York City, she alerted Amazon’s human resources ...Read more
Behind Elon Musk's plans for a mega-merger of SpaceX and Tesla
One company makes electric cars that are inherently terrestrial, ferrying millions of drivers on roads around the world. The other shoots rockets into space and has aspirations to make it to Mars. At first glance, they would seem like an odd pairing.
Yet, this week Elon Musk said that aerospace firm SpaceX and EV carmaker Tesla— two ...Read more
Legendary Hollywood recording studio is up for sale
One of Hollywood's legendary music recording studios is for sale as its owner prepares to end his half-century run immortalizing many of the biggest acts.
The list of household names who have recorded at Conway Recording Studios spans generations and genres. Burt Bacharach, Fleetwood Mac, Stevie Wonder, U2, Guns N' Roses, Daft Punk, Taylor ...Read more
Las Vegas home sellers turn to mortgage buydowns to attract buyers
To buydown or not to buydown? That’s become a pressing question for Las Vegas Valley home sellers as mortgage rates remain elevated and buyers struggle with affordability.
With 30-year mortgage rates hovering above 7 percent since September, home sellers are increasingly being asked to help buyers lower their monthly payments through mortgage...Read more
Comcast planning significant jobs cuts as part of reorganization
Comcast Corp. is planning a significant number of job cuts as part of an overall restructuring of its cable-TV, broadband and wireless businesses, according to people familiar with the company’s thinking.
The reorganization is designed to put Comcast in a stronger position to operate as an independent company after it spins off the ...Read more
Tipping is not required, say new Las Vegas Strip signs
You don’t have to tip that street performer, says Clark County, Nevada.
Digital marquees on the Las Vegas Strip have a new message: “When watching a performance or taking a photo, tipping is not required.”
The signs from Clark County are being put up for “public safety,” said a representative from the county.
Clark County ...Read more
Jeep Wrangler production halted in Toledo amid nearby hazardous material release
Jeep maker Stellantis NV has halted production at its Wrangler plant in Toledo, Ohio, because of a hazardous material release.
The Toledo Fire & Rescue Department on Tuesday evening, Oct. 20 issued an immediate evacuation order for a 1-mile radius around MC Tank Terminal, a bulk liquid chemical storage and transport facility at 1266 Progress ...Read more
As China threat looms, GM touts its best new tech offerings
If low-cost, tech-heavy Chinese vehicles enter the United States, legacy automaker General Motors Co. is ready, a top executive told The Detroit News.
"Candidly, from a speed-of-innovation perspective, we've got our process there," GM Senior Vice President of Vehicle Products Jaclyn McQuaid said Wednesday, Oct. 21, when asked about a head-to-...Read more
Meta hit with $25 billion penalty for misleading Facebook users about data privacy
Meta, the parent company of Facebook, was ordered by a New Mexico judge on Wednesday to pay $25 billion for misleading users about how it collects and safeguards user data.
The penalty, one of the largest ever levied against Meta or any other company, is the latest legal hit to the social media giant, which has grappled with lawsuits over ...Read more
Meta to pay historic $25 billion in New Mexico deception case
Meta Platforms Inc. was ordered to pay a groundbreaking $25 billion civil penalty to the state of New Mexico in a consumer deception case spurred by the Cambridge Analytica scandal.
The fine issued Wednesday by state court Judge Francis Mathew is among the largest verdicts ever issued in U.S. legal history.
The award comes after a jury in ...Read more
Meta boosts bet on AI with spending outlook, new stock class
Meta Platforms Inc. boosted its capital spending outlook and announced plans for a new class of nonvoting stock, escalating its already-stratospheric bet on artificial intelligence.
Capital expenditures will be $135 billion to $145 billion in 2026, the social-media giant said during its quarterly earnings report Wednesday, raising the bottom ...Read more
US waives red diesel tax record requirements to entice buyers
The Trump administration is waiving recordkeeping requirements in a bid to encourage farmers, truck-stop operators and other companies to buy tax-exempt red diesel.
The move, part of President Donald Trump’s effort to combat high diesel costs by expanding sales of a tax-exempt variety, was described by an administration official who asked ...Read more
Terry Savage: Small business owners, now is the time to offer health insurance coverage
Millions of Americans lost their health insurance this year when Obamacare premium subsidies disappeared.
Many small families found that their health insurance costs quadrupled — pricing them out of the market. Many of these uninsured work for small businesses that do not offer health insurance.
But this month, if you work for a small ...Read more
Jonathan Lansner: California, 4 other states rank among world's 20 largest economies
California isn’t the only state with global bragging rights for its business heft.
To grade the economies of the 50 states and the District of Columbia on a global scorecard, my trusty spreadsheet reviewed two recently updated sets of 2026 data on gross domestic product, a broad measure of business output and consumer spending.
Mid-year ...Read more
Warning from Minnesota hospitals: The financial crisis is arriving
Minnesota hospital leaders fear 2027 will be the year when a crisis becomes an emergency, as federal budget cuts push small-town facilities to close.
Hospital leaders gathered at the State Capitol on Tuesday, ahead of the midterm elections and the next legislative session, to warn that state or federal policy changes are needed to preserve ...Read more
Interactive at-home pill dispenser could help fill rural Minnesota's pharmacy gap
A Bloomington, Minnesota, startup is testing whether its interactive prescription drug dispenser can help older Minnesotans take their medications on schedule — especially in rural areas that lack pharmacies.
Omcare’s Home Health Hub is about the size of a coffee maker and dispenses medications, sent monthly by mail, along with alarms to ...Read more
Boeing weighs whether to close Pa. plant as helicopter factories face military funding cuts
The record $1.5 trillion U.S. military budget for next year has mostly left out the Philadelphia’s area’s helicopter industry.
Over the past decade, Boeing and Leonardo invested many millions and put thousands to work with the expectation they had Army or Air Force jobs for years to come. But their leaders may have to write off losses and ...Read more
Survey: Techies more optimistic about AI than other Bay Area locals, but still worried
Silicon Valley companies may be going all in on artificial intelligence, but Bay Area residents are broadly concerned about the technology — including many of the tech workers riding the wave.
That’s according to a poll of Bay Area locals this summer by the Mercury News and Joint Venture Silicon Valley, a nonprofit think tank. Only 28% of ...Read more
Popular Stories
- Jonathan Lansner: California, 4 other states rank among world's 20 largest economies
- Meta to pay historic $25 billion in New Mexico deception case
- Jeep Wrangler production halted in Toledo amid nearby hazardous material release
- Musk plans to gift SpaceX shares to kids through Trump Accounts
- US waives red diesel tax record requirements to entice buyers









