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Elias Valverde II/The Dallas Morning News/TNS

Boeing deliveries this year keep up with pre-blowout rates

Business / Business News /

Boeing delivered 41 airplanes last month, bringing its total deliveries for the first quarter of the year to 130, the company said Tuesday.

That’s in line with its performance for the first two months of this year and the same time period in 2023, before an in-flight safety incident at the start of 2024 upended Boeing’s production cycle and...Read more

Stephen Brashear/Getty Images North America/TNS

Microsoft again world's most valuable company amid market turmoil

Business / Business News /

Microsoft has overtaken Apple as the world’s most valuable company after losing the top spot last June.

But the circumstances are different from before. Apple claimed the victory last year after the two tech giants jockeyed for the top spot earlier in the year, thanks to surges in their market capitalization value. In June 2024, Apple’s ...Read more

BRENDAN SMIALOWSKI/AFP/Getty Images North America/TNS

Michael Hiltzik: Unsure what to do about your portfolio? With Trump in the driver's seat, so are the experts

Business / Business News /

You can't take your eyes off your 401(k) account, you're riveted on the real-time charts of the stock market indices, you're wringing your hands over Donald Trump's will-he-or-won't-he follow through on his most dire treats to impose worldwide tariffs.

Don't try seeking insights from economists and business leaders. They don't know how this ...Read more

JOSE CARLOS FAJARDO/Bay Area News Group/TNS

H-1B visa: Fears rise for foreign tech workers in Silicon Valley over travel

Business / Business News /

Silicon Valley technology firms employing foreign workers are scrambling to allay visa holders’ fears that if they travel outside the country they might not get back in.

“Our clients are pinging us and saying, ‘We’re really worried, we want to support our folks,’ ” said San Francisco lawyer Kelli Duehning of immigration law giant ...Read more

Ricky Kresslein/Dreamstime/TNS

Need more time to file taxes in California? Here's how to get an extension

Business / Business News /

Tax Day is almost here.

Tuesday, April 15, is the deadline to submit your 2024 tax documents and any payment you owe to the Internal Revenue Service and the California Franchise Tax Board.

If you aren’t ready to file, you might be eligible for a deadline extension.

Here’s how you can get more time to submit your tax paperwork:

Who is ...Read more

Al Seib/Los Angeles Times/TNS

California lawmakers to propose legislation giving ride-hailing drivers right to unionize

Business / Business News /

California lawmakers are pursuing legislation that could give drivers for apps like Uber and Lyft the ability to form unions, while still being classified as independent contractors.

Assemblymembers Buffy Wicks, D-Oakland, and Marc Berman, D-Menlo Park, plan to introduce Assembly Bill 1340, also titled the Transportation Network Company Drivers...Read more

Gary Coronado/Los Angeles Times/TNS

Broadcast television is in trouble. Stations are asking Washington for help

Business / Business News /

As television station owners gathered in Las Vegas this week for the annual National Association of Broadcasters convention, they sent an urgent message to Washington that could be summed up in one word — "Help."

Streaming video has siphoned away the traditional viewing audience. Advertisers have shifted their budgets to digital and away from...Read more

Mario Tama/Getty Images North America/TNS

How the Musk-Tesla backlash is opening doors for EV startups like Rivian

Business / Business News /

Dan Kurland strolled out of the Rivian entertainment center in Laguna Beach, California, wearing a baseball cap with “Canada is not for sale” just above the bill.

Kurland and his wife, Sue, were kicking tires on a recent Saturday, looking to replace each of their Prius models. On this day, the couple was considering the R1S SUV built by ...Read more

Ivy Ceballo/The Seattle Times/TNS

At Seattle-Tacoma Airport, refugee workers fear the traveling world they connect

Business / Business News /

Bruce Batuli Daniel, a 41-year-old from Congo who works as a cabin cleaner at Seattle-Tacoma International Airport, worries he wouldn't be able to fly on the same airplanes he cleans.

Daniel, a permanent legal U.S. resident with a green card, moved to the United States 12 years ago, hoping to make enough money to support his four children's ...Read more

Lucy Schaly/Pittsburgh Post-Gazette/TNS

Trump orders new review for US Steel's acquisition by Nippon Steel

Business / Business News /

The Trump administration has ordered a new national security review of Nippon Steel Corp’s bid to buy U.S. Steel, signaling a potential new avenue for the $14.9 billion deal to go through.

President Joe Biden blocked the acquisition in January, after a review by the Committee on Foreign Investment in the United States (CFIUS) deadlocked over ...Read more

Justin Sullivan/Getty Images North America/TNS

Tesla shares drop amid auto tariffs and 'brand crisis'

Business / Business News /

Tesla shares took a hit Monday after a leading analyst slashed his price target by more than 40%, citing a "perfect storm" created by President Trump's auto tariffs and Elon Musk's deteriorating reputation.

Wedbush Securities analyst Dan Ives cut his price target from $550 to $315 over the weekend while maintaining his "outperform" rating of ...Read more

Paul Kitagaki Jr./The Sacramento Bee/TNS

No Trump tariffs on oil. Will that mean lower gas prices in California?

Business / Business News /

Gasoline prices should drop under $5 a gallon and stay there for awhile.

That’s the analysis of Patrick De Haan, head petroleum analyst at GasBuddy, which tracks prices.

Oil has been the rare glimmer of good economic news in recent days. President Donald Trump exempted oil prices from tariffs, and crude oil prices have been plunging for ...Read more

Jemal Countess/Getty Images North America/TNS

Boeing reaches settlement with 2 families of Ethiopian crash victims

Business / Business News /

Boeing reached a last-minute settlement with families of two people killed in the 2019 Ethiopian Airlines crash, marking another series of cases that concluded before heading to trial and bringing the company closer to ending the legal turmoil from two deadly crashes six years ago.

Antoine Lewis and Darcy Belanger were among 157 people killed ...Read more

Daniel Kim/The Seattle Times/TNS

WA drone makers sanctioned as China hits back after Trump tariffs

Business / Business News /

China placed two drone manufacturers with Seattle ties on its “unreliable entity” list, subjecting them to trade sanctions and export controls.

Seattle-based Brinc Drones, which specializes in tactical and emergency response drones, was accused of “military technology cooperation with Taiwan,” which it considers its territory. China ...Read more

Dreamstime/Dreamstime/TNS

What is market capitulation?

Business / Business News /

Market capitulation is a term used by investors and traders during times of market decline. It refers to an extreme point of panic selling, where investors are willing to sell their assets at any price, resulting in a rapid decline in prices. Dictionaries define capitulation as the act of surrendering, which is a good way of thinking about how ...Read more

Michael M. Santiago/Getty Images North America/TNS

5 top mistakes to avoid during a market sell-off

Business / Business News /

Stocks sold off in early April as investors grappled with how tariffs would impact inflation and the outlook for economic growth. Some investors even grew concerned about a possible recession. Some of the biggest tech companies saw their shares tumble 20% or more, with Tesla falling around 50% from its recent high. The Federal Reserve faces the ...Read more

HODELETE60/Colossal Biosciences/TNS

'De-extinction' startup with $10 billion valuation revives dire wolf

Business / Business News /

Colossal Biosciences Inc., a Dallas-based biotech firm with a $10 billion valuation, has announced a new breakthrough in its audacious mission to resurrect extinct animals.

The company said on Monday it’s created three dire wolves, a species popularized by the fantasy series "Game of Thrones" but not seen on Earth in more than 12,000 years. ...Read more

Richard Tsong-Taatarii/Star Tribune/TNS

Ulta Beauty pauses expansion of Target locations

Business / Business News /

Ulta Beauty is pausing expansion of its Target shop-in-shops this year, CEO Kecia Steelman said.

“In joint partnership with Target, we’ve made the decision to really lean into the 600-plus stores that are open this next year and really look at ‘How do we continue to drive efficiencies and leverage the learnings that we’ve had to really ...Read more

Jabin Botsford/Los Angeles Times/TNS

Los Angeles' production woes worsen as soundstages go unused at historic levels

Business / Business News /

Los Angeles' soundstages once were nearly filled to capacity, as demand for streaming content reached its peak.

But last year, the average annual occupancy rate dropped to 63%, a further indication of Hollywood's sustained production slowdown, according to a new report.

That's a decline from 2023, which saw an average regional occupancy rate ...Read more

Mike2focus/Dreamstime/TNS

Motormouth: How does it know the speed limit?

Business / Business News /

Q: There is a little display on my dash that tells me the speed limit of whatever road I’m on. It is amazingly accurate, changing at the very moment I pass a sign with a new limit. But it also knows the speed limit on roads I enter where there is no sign. How does my car receive this information?

C.M., Chicago

A: You are being followed by ...Read more