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Bizuayehu Tesfaye/Las Vegas Review-Journal/TNS

He bought a desert bunker -- and wants to make it an EV lounge

Business / Business News /

BAKER, California — The walls are covered in graffiti, some glass is shattered, and most of the copper is gone.

But some 20 to 30 feet below ground in this Cold War-era bunker in the middle of the California desert, Jonathan Shinn envisions a modern twist for the hidden relic: a lounge for EV drivers.

Shinn, founder of PowerStation Charging,...Read more

Gina Ferazzi/Los Angeles Times/TNS

Mobile homes, an overlooked refuge of affordability, are disappearing in LA Residents fight to stay

Business / Business News /

The small patch of dirt encircling Carmen Silverio Guardado's home bears fruit — lots of it. There are pomegranates, guavas, dragon fruit and nectarines. She also grows oregano and lemongrass, which she brews into a tea to soothe stomach issues.

All of this Silverio Guardado and her husband cultivate beside the two-bedroom mobile home they ...Read more

Christina House/Los Angeles Times/TNS

Immigration sweeps in LA cost businesses millions in revenue, UCLA study finds

Business / Business News /

A furniture store proprietor in Inglewood laid off his employees after the immigration enforcement surge last summer and says he now works twice as hard to earn half as much as he did before.

A restaurant owner lost $20,000 in canceled catering contracts last summer, as sweeps across the county coincided with the summer celebration season.

A ...Read more

Saul Loeb/AFP/Getty Images North America/TNS

Microsoft sued over Xbox tariff costs, refunds

Business / Business News /

A Microsoft customer is accusing the company of passing the costs of tariffs onto consumers while standing to gain from federal government refunds.

In a proposed class-action lawsuit that was filed in King County Superior Court last month and removed to a federal court last week, Xbox purchaser Trevor Hastings claimed that Microsoft would ...Read more

Toby Shepheard/AFP/Getty Images North America/TNS

Airbus tests long, thin wings for its next new, narrowbody plane

Business / Business News /

FARNBOROUGH, England — European plane-maker Airbus wants to extend the wings on its narrowbody A321neo, hoping to use “flight physics” to reduce the amount of fuel the aircraft burns, lowering carbon emissions and fuel costs.

Boeing has also tapped into the fuel-savings of long, thin wings for its 777X family, designing wings that are so ...Read more

With FDA approval, Celcuity sees big future for its new breast cancer drug

Business / Business News /

Brian Sullivan, CEO of Plymouth, Minnesota-based Celcuity, is convinced his biotech startup will soon provide the new standard of care for tens of thousands of breast cancer patients.

Last week, Celcuity won approval from the U.S. Food and Drug administration for a breast cancer therapy it calls Revtorpyk, but only for a limited number of ...Read more

Robert Gauthier/Los Angeles Times/TNS

US set to impose new tariffs by Friday with stopgap to expire

Business / Business News /

President Donald Trump is poised to impose fresh levies on products from dozens of economies by Friday, according to people familiar with the matter, a move to ensure his tariff regime remains intact even after stopgap 10% global duties lapse.

The Trump administration last month proposed new tariffs of at least 10% on 60 trading partners, ...Read more

Kevin Dietsch/Getty Images North America/TNS

Bill to ban certain Chinese cars approved by Senate panel

Business / Business News /

WASHINGTON — The Senate Commerce, Science and Transportation Committee approved a series of six nominations and seven bills on Wednesday, including a measure to limit the use of vehicles and vehicle technologies developed by foreign entities of concern on American roadways.

The bill, introduced by Sen. Bernie Moreno, R-Ohio, and co-sponsored ...Read more

KARL MONDON/AFP/Getty Images North America/TNS

They built AI. Now Silicon Valley workers protest its threat to jobs and humanity

Business / Business News /

Silicon Valley residents are increasingly trying to stop the advance of artificial intelligence, even as the region attracts hundreds of billions of dollars in investment to expand the technology's reach.

Companies and workers around San Francisco Bay sparked the global AI explosion. Now, the nation's tech hub also sits at the center of an ...Read more

Eric Thayer/Los Angeles Times/TNS

Paramount wins European regulators' blessing to buy Warner Bros. Discovery

Business / Business News /

Paramount Skydance has notched a needed win as it continues to pursue its $111 billion deal to buy Warner Bros. Discovery.

On Wednesday, the European Commission gave its consent, allowing tech scion David Ellison’s industry-reshaping merger to move forward in the countries that make up the European Union.

Europe joins 64 other regulatory ...Read more

Amy Sussman/Getty Images North America/TNS

California wouldn't be the right place to launch California Pizza Kitchen today, co-founder says

Business / Business News /

One of the founders of California Pizza Kitchen says that if he were to open the once-hot gourmet chain today, he would choose Florida over California.

While it is uncertain whether Florida Pizza Kitchen would have had the same global appeal, CPK co-founder Rick Rosenfield said in an interview this week that it has become too difficult to set ...Read more

Dreamstime/Dreamstime/TNS

Clinical AI: Pittsburgh pilot will take on challenges of diabetes care

Business / Business News /

In medicine, the uses for artificial intelligence have pretty much been limited to back office stuff — notetaking and appeals to health insurers to cover special medicines and treatments, those sorts of things.

That could be ready to change as the role of AI accelerates further into direct patient care in a pilot planned at Allegheny Health ...Read more

Dreamstime/Dreamstime/TNS

Andy Mukherjee: Stablecoin is the wrong weapon in US-China fight

Business / Business News /

At a gathering of central bankers last month in Basel, Harvard University economist Gita Gopinath presented some unsettling data about stablecoins. Up to three-quarters of Tether’s USDT and Circle Internet Group Inc.’s USDC — the world’s most popular 1:1 dollar clones — are held in wallets where the users control the cryptographic keys...Read more

Allen J. Schaben/Los Angeles Times/TNS

Hot Dog on a Stick comeback roadmap: New owner, rapid expansion -- and lobster on a stick

Business / Business News /

Californian icon Hot Dog on a Stick is plotting a comeback with a new owner, new outlets and new meats on sticks.

The fast food joint — with roots in Santa Monica's Muscle Beach and known for its corn dogs and hand-stomped lemonade — has plummeted from its glory days as a staple food at food courts across the state. The rise of competition ...Read more

Apple/TNS/TNS

Tech review: Is Neo right for you? Probably

Business / Business News /

It finally happened — Apple released a low-priced laptop.

I didn’t think this day would ever come — really.

Apple is kind of famous for not being on the cheap end of any hardware category. Apple products are fantastic. They’re solid and they work well, but cheap has never really been in the discussion.

Until earlier this year.

Apple ...Read more

Dreamstime/Dreamstime/TNS

Alaska Airlines taps Boeing 737-800s for new Hawaiian island fleet

Business / Business News /

Alaska Airlines has tapped Boeing's 737-800 airliners to replace its retiring Hawaiian Airlines-branded fleet for travel across Hawai‘i's islands.

Alaska, which acquired Hawaiian Airlines in 2024, announced Tuesday it has selected the aircraft to succeed the current Boeing 717 fleet.

The future fleet will be based in Honolulu, O‘ahu. The ...Read more

Summer Ballentine/The Detroit News/TNS

GM seeks $1 billion U.S. Army contract for Chevy pickup-based vehicles

Business / Business News /

General Motors Co. expects a $1 billion contract with the U.S. Army for light utility vehicles based on the Chevrolet Colorado pickup trucks, CEO Mary Barra said Tuesday.

If federal funding is approved, Barra told investors that GM plans to supply the Army with 10,000 infantry squad vehicles. The infantry squad vehicle order is "expected to ...Read more

Jose F. Moreno/The Philadelphia Inquirer/TNS

Pep Boys to be acquired by Mavis for $700 million

Business / Business News /

Billionaire investor Carl Icahn’s company is selling Pep Boys, the Philadelphia-founded auto service chain, to private equity-backed Mavis Tire Express Services for $700 million in cash, the parties said Tuesday.

Icahn’s publicly traded company, Icahn Enterprises LP, will keep owned real estate as well as Montgomery County-based Aamco ...Read more

GM/GM/TNS

General Motors announces shareholder payouts as profits soar

Business / Business News /

General Motors Co.'s profits are rising as the Detroit automaker leans into money-making trucks and stops the bleeding from money-losing electric vehicles. One by-product: payouts to stockholders.

The automaker on Tuesday reported profits of $3.9 billion from April to June, up almost $1 billion compared to the same time last year. That's when ...Read more

Dreamstime/Dreamstime/TNS

Amazon's portal for business nears $60 billion in revenue

Business / Business News /

Amazon.com Inc.’s business sales unit was recently on track to sell $60 billion of merchandise over the course of a full year, up about 71% from 2023, evidence that the world’s largest online retailer is gaining ground in corporate sales.

Amazon Business, a service that lets a range of businesses, schools and government entities place ...Read more