Business

/

ArcaMax

Dreamstime/Dreamstime/TNS

Zillow changes course by allowing posting of homes not yet on MLS

Business / Business News /

Two online real estate rivals seem to be inching closer to finding common ground.

After a yearlong lawsuit over Zillow’s ban on private and early marketing of homes championed by the real estate brokerage Compass, the standoff came to an end Wednesday.

Compass dropped its lawsuit, just a day after Seattle-based Zillow announced it will allow...Read more

Gina Ferazzi/Los Angeles Times/TNS

'Nobody wants a strike': LA Unified School District answers back after union leaders announce April 14 walkout

Business / Business News /

LOS ANGELES — Los Angeles school officials defended their contract offers Thursday, saying "nobody wants a strike" — a day after the district's two largest unions set April 14 as a strike date if no agreement is reached.

The Los Angeles Unified School District made its case in a news conference at its downtown headquarters the morning ...Read more

Charly Triballeau/AFP/GETTY IMAGES NORTH AMERICA/TNS

Lone survivor of fiery Cybertruck crash was trapped by electronic doors, lawsuit says

Business / Business News /

The only survivor of a Cybertruck crash in Piedmont is suing Tesla, saying the vehicle's electronic doors failed to open while he was trapped inside, surrounded by flames.

On Nov. 27, 2024, Jordan Miller was riding in the passenger seat when the driver, who was speeding, lost control and crashed into a tree at Hampton Road and King Avenue. The ...Read more

Gary Coronado/Los Angeles Times/TNS

Eight state attorneys general file suit to block TV station group merger

Business / Business News /

A group of attorneys general are taking legal action to block Nexstar Media Group's proposed $6.2 billion acquisition of Tegna's TV stations, calling the deal bad for consumer cable bills and local journalism.

A lawsuit filed Wednesday in U.S. District Court in Sacramento says the proposed deal by eight state law enforcers including California ...Read more

Carlin Stiehl/Los Angeles Times/TNS

Testing for toxins in smoke-damaged homes could be mandatory. What to know

Business / Business News /

LOS ANGELES — When the January 2025 firestorms swept through Altadena and Pacific Palisades they not only burned down homes but left thousands still standing riddled with smoke damage.

The disaster set the stage for lawsuits by fire victims who alleged their homes were filled with toxic contaminants, yet insurers refused to do hygienic ...Read more

Real estate Q&A: Do most HOAs prohibit paying residents to lead community classes?

Business / Business News /

Q: Our community will not pay a resident to provide a service to the community, such as leading an exercise class or instructing an art class. I was told that this is a rule in all HOA communities in the area. Is this true? — Caroline

A: In Florida, where I practice law, there is no general rule banning all homeowners associations from paying...Read more

Bizuayehu Tesfaye @bizutesfaye/Las Vegas Review-Journal/TNS

Corporate landlords own many Las Vegas homes. Could closing a tax loophole change that?

Business / Business News /

Closing a loophole within the Nevada commerce tax, which exempts real estate investment trusts, could push large corporate entities to divest from the Las Vegas Valley’s residential real estate market.

Two state assembly members — one a Democract, and one a Republican — are a part of a growing chorus of lawmakers pointing at the exemption...Read more

Dean Musgrove/Los Angeles Daily News/TNS

A Section 8 tenant is filing dozens of $100,000 lawsuits. Is it a discrimination fight or a shakedown?

Business / Business News /

A gaggle of scorned landlords and real estate agents across Los Angeles have a message: If Alexys Watson messages you on Zillow asking if you accept Section 8 vouchers, choose your next words very, very carefully.

Over the last eight months, dozens of landlords and real estate agents have responded to Watson’s inquiries — and dozens have ...Read more

Joe Dickie/Star Tribune/TNS

General Mills offloads Brazil business as sales dip

Business / Business News /

General Mills is continuing to sell off chunks of its business to focus on growing brands while low consumer sentiment jostles its sales.

The company announced Tuesday, March 17, the day before reporting third-quarter financials, it is offloading its Brazilian segment for what’s equivalent to about $154 million when converting from Brazilian ...Read more

Ricardo Moreira/Getty Images North America/TNS

Disney's new CEO says his focus is on storytelling and creativity

Business / Business News /

Disney has a new captain, and his eyes are on the stars.

Taking over the reins from Bob Iger on Wednesday, new chief executive Josh D’Amaro signaled a bold shift for the entertainment giant: a future where emotional storytelling remains the “North Star,” but cutting-edge technology provides the fuel.

From ESPN to the Magic Kingdom, D’...Read more

Robert Gauthier/Los Angeles Times/TNS

You could be paying more for groceries than your neighbor. Here's what New Jersey lawmakers are doing about it

Business / Business News /

You could be paying more for that gallon of milk in your online shopping cart than other customers without knowing it.

New Jersey lawmakers are trying to ban grocery stores from using “surveillance pricing,” a term for when companies change their prices for different customers based on their personal data. New Jersey Gov. Mikie Sherrill has...Read more

Ronaldo Bolaños/Los Angeles Times/TNS

SoCal's defense startups secure vital funding boost

Business / Business News /

A bill restoring crucial federal funding to defense startups in Southern California is on its way to the president's desk after making it through Congress on Tuesday.

The Small Business Innovation and Economic Security Act was passed following a months-long impasse over funding the Small Business Innovation Research (SBIR), the Small Business ...Read more

Brian van der Brug/Los Angeles Times/TNS

Edison executive pay soars despite devastating Eaton fire

Business / Business News /

Edison International boosted the pay of its top executives last year despite their responsibility for the safety of the company's power lines before the devastating Eaton fire, which destroyed a wide swath of Altadena and killed 19 people.

Although the company cut cash bonuses for its senior executives, citing the wildfires, their overall ...Read more

Myung J. Chun/Los Angeles Times/TNS

Airfares set to take off as fuel prices fly

Business / Business News /

Just like regular consumers at the gas station, airlines refueling in Los Angeles are being forced to adjust to higher prices at the pump.

Jet fuel prices have shot up, and experts say airfares are following suit.

With a busy summer travel season approaching, airlines are starting to pass the costs on to passengers through higher fares and ...Read more

Dreamstime/Dreamstime/TNS

Washington tackles rounding rules as nation phases out penny

Business / Business News /

As the U.S. says goodbye to pennies, Washington state lawmakers have reached a solution for how local businesses should handle rounding during cash transactions.

Gov. Bob Ferguson received a bill on Thursday that would authorize asymmetrical rounding to the nearest nickel for cash transactions. It had yet to be signed as of Monday afternoon.

...Read more

Marco Bello/Getty Images North America/TNS

The exodus of California's tech billionaires from the Golden State to Florida's Gold Coast

Business / Business News /

MIAMI and PALM BEACH, Florida — Last December, a large coterie of Silicon Valley billionaires descended upon Miami to attend Art Basel, the ritzy, contemporary art fair that marks the end of the moneyed set’s yearly social calendar.

Much of the buzz surrounded the spectacle of Google co-founder Sergey Brin, among the world’s richest men,...Read more

Archer Aviation/Archer Aviation/TNS

Bay Area air taxi companies get their 'Waymo moment' under federal effort

Business / Business News /

The Federal Aviation Administration selected eight proposals — including two from Northern California startups — to participate in a nationwide pilot program that will determine if air taxis can be used as a short-range alternative in major metropolitan areas.

Archer Aviation CEO Adam Goldstein hailed the initiative as the flying car ...Read more

Logitech/Logitech/TNS

Tech review: Logitech wants to help you 'master' your desktop setup

Business / Business News /

If you spend your workdays at a computer, you start to notice things.

You’ll notice if your monitor is flickering, or if the text is too big or too small to read comfortably.

You’ll also being to notice if your chair is comfortable and work to adjust it, so your back and arms don’t get tired.

The next thing you’ll notice is how your ...Read more

Ken Lambert/The Seattle Times/TNS

Boeing looks to familiar faces for new 737 Max assembly line

Business / Business News /

Boeing will move workers from its Renton and Moses Lake, Washington, factories to Everett to staff a fourth 737 Max production line, set to open this summer.

The new manufacturing line will be equipped to build the Max 8 and Max 9 already in production in Renton, Washington, as well as the Max 10, a larger Max variant that has yet to be ...Read more

Mario Tama/Getty Images North America/TNS

Live Nation's Justice Department trial continues as US senators call out a 'broken ticket market'

Business / Business News /

Live Nation, the ticketing giant that reached a tentative settlement with the Department of Justice last week, remains under fire.

A coalition of more than 30 states that had joined the original lawsuit filed in 2024 is refusing to accept the $200 million settlement, causing the trial to resume this week in Manhattan's Federal Court.

The ...Read more