© Reuters. FILE PHOTO: Amazon logistics center in Lauwin-Planque (Reuters) – California investigators are examining Amazon.com Inc (NASDAQ:)’s business practices as part of an inquiry into the company, the Wall Street Journal reported on Friday, citing people familiar with the matter. The state’s review focuses at least in part onRead More →
Tech stocks aren’t the only things falling because of coronavirus fears — At least five tech conferences were canceled this week due to risks associated with COVID-19, including a large meeting of videogame developers. Late Friday afternoon, the annual Game Developers Conference, or GDC, was postponed after several important attendeesRead More →
Depending on when you’re planning a traveling to Disneyland or Walt Disney World, your trip may have just gotten more expensive. Disney DIS, -0.97% altered the pricing for single and multi-day tickets and annual passes at its two U.S. resorts this week. The change in prices comes as both DisneylandRead More →
Kobe Bryant has died in a helicopter crash in California on Sunday, according to reports. News site TMZ was the first to report the former Los Angeles Lakers star’s death, which occurred in a Sikorsky S-76 helicopter, according to reports. The Los Angeles County Fire Department said at least fiveRead More →
For the first time, Uber UBER, +0.43% is allowing drivers to have control over the fares they charge riders. But given the fierce competition across ride-hailing apps, industry experts say this could lead to a price-cutting battle between drivers vying for riders. Uber said on Tuesday it is testing theRead More →
The House on Wednesday voted to appoint seven House Democrats as managers for President Donald Trump’s upcoming impeachment trial and also send two articles of impeachment over to the Senate. The 228-193 vote, which was almost entirely along party lines, is ending an impeachment impasse that has persisted for nearlyRead More →
2/2 © Reuters. Tesla superchargers are shown at a charging station in Santa Clarita, California 2/2 By Jonathan Stempel (Reuters) – A federal judge rejected Tesla (NASDAQ:) Inc’s effort to dismiss claims by two former workers that the California electric car factory where they worked was a hotbed of racialRead More →
© Reuters. FILE PHOTO: Uber’s logo is pictured at its office in Bogota By Tina Bellon (Reuters) – Ride-hailing company Uber Technologies (NYSE:) Inc and courier services provider Postmates Inc asked a U.S. court to block a California labor law set to go into effect on Wednesday, arguing the billRead More →
By Kanishka Singh (Reuters) – PG&E Corp’s (N:) creditors have sweetened their offer to California wildfire victims, saying they are now prepared to pay $13.5 billion in cash upfront, according to a letter sent on Friday to state governor Gavin Newsom. Current terms of the settlement deal, approved by aRead More →
A California financial adviser and radio host allegedly defrauded mom and pop investors out of millions of dollars while paying outside consultants to cover up online reports of his past misconduct, the Securities and Exchange Commission charged Friday. Keith Springer, owner of Springer Investment Management and host of “Smart MoneyRead More →
By Tom Hals and Steve Gorman (Reuters) – California Governor Gavin Newsom was expected to decide late on Friday whether a bankruptcy reorganization plan submitted by PG&E Corp (N:), the state’s largest investor-owned utility company, complies with a recently enacted state wildfire law. The state has until midnight on FridayRead More →
© Reuters. FILE PHOTO: Employees of Pacific Gas & Electric work in the aftermath of the Camp Fire in Paradise By Kanishka Singh (Reuters) – California power producer PG&E Corp (N:) said late on Thursday that it has filed for an amended reorganization plan, adding that it remains on trackRead More →
Facebook Inc. shares were down sharply Thursday on a report the Federal Trade Commission is weighing a preliminary injunction as early as next month against the social-networking giant FB, -3.00% amid antitrust concerns over how its products interact. Federal regulators are closely monitoring how Facebook integrates its apps – specifically,Read More →
In a stunning deal that shows how much the craft-beer industry has changed in recent years, Constellation Brands Inc. on Tuesday unloaded the Ballast Point beer brand — which it bought for a record price in 2015 — to a little-known Chicago-area brewer for an undisclosed sum. Highwood, Ill.-based KingsRead More →
Democratic presidential candidate Sen. Elizabeth Warren’s latest plan could address a trend that’s making some workers’ lives miserable. Warren has released a so-called “Fair Workweek” plan that she says would alleviate issues millions of part-timer workers face with their schedules. Warren’s plan would require employers with 15 or more employeesRead More →
© Reuters. FILE PHOTO: Stickers bearing the Facebook logo are pictured at Facebook Inc’s F8 developers conference in San Jose WASHINGTON (Reuters) – Facebook Inc (NASDAQ:) has agreed to turn over additional documents after the California state attorney general’s office went to court earlier this month to compel the socialRead More →
It would be one of the most valuable gemstones on the planet, lost in the most destructive fire in California history — if it even exists. A Northern California couple has claimed the “Beleza Emerald” — a 500-pound “solid block of black schist and quartz with green crystals,” according toRead More →
By David Shepardson WASHINGTON (Reuters) – California said on Monday it will halt all purchases of new vehicles for state government fleets from GM, Toyota and Fiat Chrysler and other automakers backing President Donald Trump in a battle to strip the state of authority to regulate tailpipe emissions. Between 2016Read More →
Just before 8 a.m. on Thursday, shots rang out at Saugus High in Southern California, in a school shooting that left two dead and several students injured. The 16-year-old suspect, a student at the Santa Clarita school, had initially avoided capture but has been taken into custody, according to publishedRead More →
Dear Catey, We’re 69 and 68, respectively, and are presently retired in Las Vegas. Our net worth is about $5 million, so money is not an overriding issue. We moved to Vegas to be near family, and for the vibrancy we didn’t have in Cleveland. Seven years later, the familyRead More →
© Reuters. FILE PHOTO: Brian Chesky, CEO and Co-founder of Airbnb, speaks to the Economic Club of New York at a luncheon at the New York Stock Exchange (NYSE) in New York By Alex Dobuzinskis (Reuters) – Airbnb Inc banned “party houses” on Saturday after five people were killed inRead More →
Catey Hill helps MarketWatch readers find retirement destinations that fit their specific wish lists. Most are looking for cheaper places to live. But now a reader with a net worth of $5 million wants someplace that isn’t stiflingly hot, has good health care and isn’t in California. She offered threeRead More →
By Alex Dobuzinskis LOS ANGELES (Reuters) – Firefighters began to get the upper hand on a destructive wildfire in a Southern (NYSE:) California farming region on Saturday, taking advantage of lighter winds as authorities let some evacuated residents return home. The Maria fire erupted on Thursday near the community ofRead More →
© Reuters. FILE PHOTO: PG&E crew work on power lines to repair damage caused by the Camp Fire in Paradise, (Reuters) – California Governor Gavin Newsom said he will convene a meeting of Pacific Gas and Electric Co executives, shareholders, wildfire victims, and PG&E’s other creditors in Sacramento next weekRead More →
By Noel Randewich SAN FRANCISCO (Reuters) – Shares of bankrupt California power utility PG&E Corp (N:) extended losses on Monday as investors worried that its equipment might be responsible for wildfires spreading in northern California. After a brief trading halt caused by its rapid fall, PG&E’s stock was down 16%,Read More →
