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Allen J. Schaben/Los Angeles Times/TNS

Los Angeles County probes Farmers Insurance Company's handling of wildfire claims

Business / Business News /

Los Angeles County launched a probe into Farmers Insurance Company's handling of claims by policyholders impacted by last year's devastating Eaton and Palisades wildfires, after a growing number of residents complained of delays, denials and underpayments.

In a letter sent to Farmers on Wednesday, the county's lawyers said if the company is ...Read more

Tiney Ricciardi/The Denver Post/TNS

Colorado's largest lumber mill shutting down, dealing a blow to a rural community

Business / Business News /

MONTROSE, Colorado — Efforts to revive the country’s domestic lumber industry may have come too late to save Montrose Forest Products, Colorado’s largest lumber mill.

Owner Neiman Enterprises informed the mill’s 90 employees on Tuesday that operations would wind down once its remaining timber supply runs out in the next few weeks.

“...Read more

Lloyd Fox/The Baltimore Sun/TNS

New Port of Baltimore facility to streamline grain exports for farmers

Business / Business News /

A new grain transloading facility at the Port of Baltimore is expected to simplify exports for Maryland farmers by allowing soybeans, corn, wheat and other grains to be loaded directly at the port before being shipped overseas.

The four-acre facility at the Seagirt Marine Terminal includes three silos with a combined capacity of 60,000 bushels ...Read more

David Guralnick/The Detroit News/TNS

NHTSA opens investigation into Ford Edge coolant intrusion report

Business / Business News /

U.S. regulators have opened an investigation into a single petition concerning the 2.0-liter EcoBoost engine in a 2017 Ford Edge, alleging coolant intrusion into the motor resulted in a significant loss of power.

The Office of Defects Investigation has opened the case on whether to grant or deny the petition for a more thorough probe into the ...Read more

Jose F. Moreno/The Philadelphia Inquirer/TNS

Why don't construction and factory workers want to build ships?

Business / Business News /

PHILADELPHIA — The U.S. government is spending over a billion dollars to recruit hundreds of thousands of workers it estimates will be needed in Philadelphia and other shipbuilding centers to expand the Navy and compete with lower-cost Chinese yards, as President Donald Trump proposes. The campaign includes “Build Submarines” ads on social...Read more

Real estate Q&A: Can landlord keep most of security deposit for 'repainting and cleaning'?

Business / Business News /

Q: We moved out of our rental after three years, left the place clean and gave the landlord our new address. Almost a month later, he mailed us a fraction of our deposit, with the rest deducted for “repainting and cleaning.” The paint showed only normal fading, and we cleaned before we left. Can he keep our money for that, and what can we do...Read more

Eric Thayer/Los Angeles Times/TNS

Michael Hiltzik: The NBA report on the Ballmer/Clippers scandal shows it was even worse than you thought

Business / Business News /

One rule I've developed in years of writing about financial scandals is that, as bad as a scheme appears at first, it's more likely than not that the facts will turn out to be nastier than they appeared at first.

Case in point: The scandal swirling around the Los Angeles Clippers of the National Basketball Association and their billionaire ...Read more

Carlos Gonzalez/Minnesota Star Tribune/TNS

From layoffs to changing inventory, inflation drives hard decisions for small firms

Business / Business News /

The co-owner of Ingebretsen’s Scandinavian Gifts and Foods in Minneapolis stopped taking a salary for a nearly a year and cut her inventory of imported Norwegian sweaters after tariffs and other costs increased by more than she could afford.

A New Hope, Minnesota, manufacturer laid off five workers when hit with higher costs of necessary ...Read more

Jennifer Buchanan/The Seattle Times/TNS

Boeing focuses on 'industrial blueprint' for next new plane

Business / Business News /

Boeing continues to look toward the future, most recently by assigning a new vice president to help lead the “industrial blueprint” for Boeing’s next new commercial plane.

Stephanie Pope, CEO of Boeing’s commercial airplanes division, announced three leadership changes Wednesday, according to an internal email shared with The Seattle ...Read more

Al Diaz/Miami Herald/TNS

After Amazon plane crash, victim's wife sues alleging wrongful death

Business / Business News /

After an Amazon Prime Air-branded plane crash killed five people this weekend in Miami, a victim's wife has filed a wrongful-death lawsuit against Amazon as well as the plane's operator, 21 Air.

The lawsuit, filed Wednesday in Miami-Dade County, accused Amazon, 21 Air and the two pilots of failing to prevent what it deemed an avoidable accident...Read more

Chip Somodevilla/Getty Images North America/TNS

Citadel Securities urges SEC to take oversight of some wagers

Business / Business News /

Citadel Securities told regulators that prediction market contracts linked to publicly traded companies should be overseen by the Securities and Exchange Commission instead of the agency that has taken responsibility for them so far, the Commodity Futures Trading Commission.

The firm wrote in a letter Wednesday that contracts tied to “key ...Read more

Wang Zhao/AFP/Getty Images North America/TNS

Huawei's sweeping US criminal trial kicks off in Brooklyn

Business / Business News /

Huawei Technologies Co. is finally on trial in New York in a criminal case brought during the first Trump administration that’s among the most ambitious prosecutions the U.S. government has ever pursued against a Chinese company.

The showdown kicked off Wednesday with opening statements and is set to play out for months in federal court in ...Read more

Apple/Apple/TNS

Apple debuts foldable iPhone Duo in biggest-ever device revamp

Business / Business News /

Apple Inc. unveiled the company’s first foldable smartphone during a wide-ranging event Wednesday, betting that a new category can energize growth for its biggest-selling lineup.

The device, called the iPhone Duo, will improve on rivals’ foldable models, newly appointed Chief Executive Officer John Ternus said, mocking competing handsets ...Read more

Napa winery that rose from wildfire now faces bankruptcy, and up to $50 million in debt

Business / Business News /

Another iconic California winemaker is having money troubles.

Signorello Estate — a Napa Valley winery that rebuilt after becoming the poster child of the Atlas fire when its tasting room burned to the ground — filed for Chapter 11 bankruptcy protection last month.

The company and seven affiliated entities filed for bankruptcy protection ...Read more

Al Diaz/Miami Herald/TNS

An Amazon-branded plane crashed. It wasn't operated by the company

Business / Business News /

The cargo plane that careened off a runway on Sunday in Miami, killing five people and injuring five others, was emblazoned with Amazon’s Prime Air logo. But the e-commerce giant wasn’t operating the flight.

While Amazon is cooperating with aviation safety investigators working to determine what led the plane to overrun the runway, crashing...Read more

Dreamstime/Dreamstime/TNS

Terry Savage: Login process changing at TreasuryDirect

Business / Business News /

Nearly 3 million people opened accounts at TreasuryDirect.gov to buy Series I U.S. savings bonds when the rates — based on inflation — made headlines in 2022. Millions more savers have created TreasuryDirect accounts to purchase Treasury bills at the weekly auctions — especially during periods when T-bill rates are higher than bank CDs.

...Read more

Scott Olson/Getty Images North America/TNS

Michael Hiltzik: Despite Trump's pressure, companies that maintained their DEI programs did just fine

Business / Business News /

Whether you love DEI, despise it or view it with uninterest, there's no question that President Trump's relentless assault on the principle threw a ticking bomb into the upper echelons of corporate and institutional managements.

Businesses, universities, law firms and nonprofits felt themselves bound to consider how bucking Trump's anti-DEI ...Read more

Henry Payne/The Detroit News/TNS

As EV rush fades, automakers pivot to multi-energy platforms

Business / Business News /

ANN ARBOR, Michigan — The eighth-generation Lexus ES is one of the oldest models in the lineup of Toyota Motor Corp.’s luxury brand. For 2026, the sedan adopts one of the newest innovations in the industry: the multi-energy platform.

Using a common vehicle architecture, the ES offers customers a choice of all-electric and gas-electric ...Read more

Clarence Tabb Jr./The Detroit News/TNS

AI job loss forecasts loom as unions push for protections

Business / Business News /

Labor unions understand artificial intelligence isn't going anywhere.

The battle for them thus becomes ensuring that their members have a seat at the table to determine how that technology is implemented in their workplace and perhaps even find a way to benefit from it, as some forecast layoffs and major shifts in employment and economic ...Read more

Ronaldo Bolanos/Los Angeles Times/TNS

This Los Angeles shop was cute before cute was cool. It launched on TikTok, and things got ugly

Business / Business News /

The little Los Angeles shop was a destination for Hello Kitty fans for decades when it decided to dive into a massive new wave of e-commerce — peddling its products live on TikTok.

The first floor of the JapanLA store in Fairfax is full of stuffed toys. It houses shelf after shelf of cute Japanese characters such as My Melody, Totoro and ...Read more