President Trump has signed a bill restoring federal funding to tech startups in California and elsewhere, money that had been held up for more than six months.

The Small Business Administration money, a key source of capital for new aerospace and defense firms in the Los Angeles region, ran out in October after a Congressional impasse.

The ...Read more

Amazon.com Inc.’s $11.6 billion deal to buy Globalstar Inc. ramps up competition with Elon Musk’s Starlink in satellite communications, a market predicted to double to $200 billion in the coming years.

On Tuesday, Amazon announced plans to buy the satellite operator for a mix of stock and up to $90 a share and said that in 2028 it will ...Read more

Costco pushed back last week against claims of salmonella risk in its beloved $5 rotisserie chicken, following a proposed class-action lawsuit.

Attorneys at Seattle law firm Perkins Coie representing the Issaquah-based chain of membership warehouses said in a Friday motion that plaintiff Lisa Taylor, who filed a complaint in February, doesn’t...Read more

With the World Cup kickoff less than two months out, Miami-Dade labor leaders want to ensure that the benefits of hosting games reach the people who staff them.

At a press conference Tuesday, organizers presented a letter signed by 30 labor leaders and addressed to Alina Hudak, the president of Miami’s World Cup Host Committee. In it, they ...Read more

Industry consolidation and the exodus of film production work overseas took center stage Tuesday at the CinemaCon trade convention in Las Vegas.

Head theater lobbyist Michael O'Leary said his trade group will continue to oppose the proposed merger between Paramount Skydance and Warner Bros. Discovery, arguing the combination of two studios ...Read more

MIAMI BEACH — One cruise line has had a bigger challenge than others amid the war in Iran, but the leaders of four of the biggest cruise companies in the world all said the global oil situation is something they can’t ignore despite record numbers of people sailing.

The heads of the parent companies for Royal Caribbean, Carnival, Norwegian ...Read more

The Walt Disney Co. has begun a broad round of layoffs that is expected to result in 1,000 jobs being cut across multiple divisions within the Burbank entertainment giant.

The layoffs, which began Tuesday, will ripple across Disney's television and movie studios, sports giant ESPN, its product and technology unit, corporate functions and ...Read more

Boeing delivered fewer airplanes in March than the month prior as it dealt with an issue on a small number of 737 Max planes.

Still, the planemaker’s first quarter deliveries rose above 2023 levels, the company said Tuesday.

Boeing delivered 143 airplanes in January, February and March this year, an increase from 130 planes in the same three...Read more

Alphabet Inc.’s Google is facing billions of dollars in potential damage claims as part of mass arbitration tied to the company’s online search and advertising technology businesses, which courts have ruled were illegal monopolies.

Advertisers are banding together to seek payouts through mass arbitration proceedings. While many companies ...Read more

Amazon.com Inc. agreed to acquire satellite operator Globalstar Inc. in a roughly $11.6 billion deal that would expand the services of its satellite system.

Amazon is offering Globalstar shareholders either $90 in cash per share, or 0.32 shares of Amazon stock with a value capped at $90 a share, according to a statement on Tuesday. That ...Read more

The publisher of a highly regarded nonprofit digital news outlet based in Baltimore announced Tuesday that it has agreed to acquire the assets of the Pittsburgh Post-Gazette, ending nearly a century of family control of the newspaper and ensuring the future of Western Pennsylvania’s largest news organization.

Toledo, Ohio-based Block ...Read more

Waze and Waymo are teaming up to help combat Los Angeles' growing pothole problem.

The companies announced a program that will use Waymo's self-driving cars to better detect potholes in the city. The data will be available to city officials through Waze's traffic data-sharing platform, according to a news release last week.

The number of ...Read more

Venezuela has sold roughly 150 million barrels of crude oil since early January following the easing of U.S. sanctions and Nicolás Maduro’s capture, as Washington pushes American companies to expand operations and boost output in the South American country.

Speaking at the Semafor World Economy forum in Washington on Monday, U.S. Energy ...Read more

Above the bay windows that run up the center of a two-story apartment building in Uptown, Nick Serra stands on what had been the roof but will soon be the balcony for a new third-floor unit he’s adding.

In many circumstances, the construction work would be a sure sign that another traditional Chicago apartment building was being gutted and ...Read more

Federal Reserve Governor Stephen Miran said the energy shock triggered by the Iran war has yet to impact longer-run inflation expectations, and he expects price pressures to return to the central bank’s target in a year’s time.

“There’s thus far no evidence that inflation expectations are higher,” Miran said in remarks at an event in ...Read more

United Airlines Holdings Inc. Chief Executive Officer Scott Kirby has floated a possible combination with American Airlines Group Inc., according to people familiar with the conversations, an audacious proposition that would face intense scrutiny even under the business-friendly Trump administration.

Kirby has pitched the idea to senior ...Read more

With millions of eyes around the world focused on Pittsburgh next week, the local tech community is determined to promote a new identity for the Steel City — as an artificial intelligence innovation hub.

“You have all kinds of organizations doing great things, cleaning up the city, rolling out the red carpet, and this event is going to push...Read more

A federal judge has asked a company being sued by United Wholesale Mortgage whether the Pontiac, Michigan-based mortgage lender should be held in contempt of court for not complying with an order to have CEO Mat Ishbia participate in a deposition.

Such a request by a judge is uncommon, according to lawyers familiar with the U.S. Eastern ...Read more

For 55 years, the family behind Tapatío has refused to even write down the recipe for Los Angeles' iconic hot sauce, passing its secret formula for success only from lip to ear in closed rooms.

The Saavedra family put the ingredients on paper for the first time earlier this year as they sold the beloved brand to backers who plan to make their ...Read more