ArcaMax

The biggest banks on Wall Street didn’t let record earnings stop them from trimming more than 5,000 jobs in the first quarter.

The bulk of the cuts were at Wells Fargo & Co., which reduced its headcount by 4,199 jobs in...Read more

Snap, the parent company of disappearing messaging app Snapchat, said Wednesday that it's laying off 1,000 workers to reduce costs.

The Santa Monica, California, social media company is pursuing profitability and ...Read more

Mythos, a new artificial intelligence model that Anthropic PBC has teased as too dangerous to release, looked at first like a problem for banks. Days after the company announced the new technology, U.S. Treasury Secretary ...Read more

One of Los Angeles’ most influential home builders, KB Home, is relocating its headquarters out of state, becoming the latest high-profile firm to do so.

The company, which has been based in Los Angeles since 1963 and ...Read more

The California Air Resources Board on Tuesday announced it has made further tweaks to controversial updates to the state’s Cap-and-Invest program, in an attempt to balance competing concerns at a time when global events ...Read more

Looking at products released in the last few years, you’ll notice Apple is paying more attention to the lower cost end of the market.

These would include the iPad at $349, the MacBook Neo at $599 and, the subject of ...Read more

A reader shared with me an email he got from an acquaintance. It is a Social Security screed that is filled with half-baked ideas, exaggerations and outright lies. The reader said he had never heard of these allegations ...Read more

Microsoft Corp., the world’s biggest investor in carbon removal projects, rejected speculation that it is abandoning its efforts to build out the technology.

“Our carbon removal program has not ended,” Microsoft ...Read more

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 ...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, ...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 ...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...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 ...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 ...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 ...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 ...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 ...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 ...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 ...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 ...Read more