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Disney plans extensive round of layoffs in the coming weeks
Walt Disney Co. is planning an extensive round of layoffs in the coming weeks, according to a source familiar with the matter but unauthorized to comment.
The move comes nearly three months after Disney unveiled a more ...Read more
Lawsuit claims listeria-infected sprouts grown in Wisconsin killed unborn child
A Minnesota woman’s unborn baby died after she ate sprouts contaminated with listeria grown at Wisconsin’s Jack & the Green Sprouts farm, a lawsuit filed in federal court says.
A lawyer for the farm denies the woman�...Read more
DOJ sets sights on NFL's media rights deals
The Department of Justice is investigating the NFL's media deals with streaming companies as more of its games go behind subscription pay walls.
The investigation first reported by the Wall Street Journal centers on the ...Read more
'It's killing everything.' California's truckers are buckling under country's priciest diesel
Record diesel prices are crushing California's truckers, forcing them to adjust to avoid losses as they grapple with the most expensive pump prices in the country.
Greg Dubuque's 40 drivers are in a constant diesel-...Read more
Fooda launches marketing campaign to make return-to-office mandates more appetizing
Chicago-based Fooda, which introduced its pop-up lunch service at downtown office buildings 15 years ago, launched its first outdoor marketing campaign this week in an effort to boost its brand in the post-pandemic hybrid ...Read more
Does a new report offer a way out of California's home insurance crisis?
As insurers hike rates and cancel policies for thousands of homeowners across California, a new state report has proposed a series of reforms to prevent the property insurance market from cratering amid increasingly ...Read more
Meta, Oracle and Qualcomm share details on layoffs across California
Tech behemoths, including Oracle and Meta Platforms, are laying off hundreds of California workers as they invest heavily in artificial intelligence.
Some of the top companies in tech that already had announced big plans ...Read more
Real estate Q&A: Can HOA suddenly fine me for parking my work pickup truck in my driveway?
Q: I drive a pickup truck for work. It has my company’s logo on the side, and I’ve always parked it in my driveway. Last week, I got a letter from my HOA saying I’m violating the rules by parking a “commercial ...Read more
Silicon Valley is booming. So why does the system feel like it's breaking?
Silicon Valley remains the global center of technological innovation, drawing billions in investment, producing breakthrough technologies and powering the artificial intelligence boom.
But beneath that dominance, the ...Read more
AI boom catapults San Francisco median home price above $2 million
The artificial intelligence boom has driven up San Francisco's median home sales price to a record $2.15 million.
Real estate brokerage firm Compass said that recent transactions showed that some parts of the tech capital...Read more
Michael Hiltzik: This pharma company makes a miracle HIV drug, but is blocking access for millions of low-income people
By most accounts, the HIV drug lenacapavir is so effective in preventing infection and treating HIV-positive patients that it could revolutionize the fight against AIDS.
"Lenacapavir could be transformative," says Peter ...Read more
PG&E is overcharging Californians to keep Diablo Canyon open, report alleges
A report released Wednesday alleges that Pacific Gas & Electric is overcharging customers to run the Diablo Canyon Power Plant, the state’s only remaining nuclear power facility. Just last week, it received final ...Read more
Jury deliberating in Cook County case over Abbott Laboratories' formula for premature babies
Four babies born at Chicago-area hospitals developed a dangerous intestinal disease because they consumed a special formula for premature infants made by Abbott Laboratories, an attorney for the children’s mothers told a...Read more
As the cable business ebbs, AMC Networks takes a new name
AMC Networks, the cable home of “The Walking Dead” and adaptations of Anne Rice’s vampire novels, is getting a new name to reflect its shift to streaming and program production.
In a legal filing, the New York based...Read more
Maryland adds 4,500 jobs in January as federal losses continue
Maryland’s workforce grew modestly in January, adding a net 4,500 jobs as private-sector gains were partly offset by continued losses in federal employment, according to new estimates released by the U.S. Bureau of Labor...Read more
Why GM is sticking with EVs as rivals pivot to hybrids
Electric vehicle sales have been falling, and hybrids are gaining traction. As rival brands jump on the hybrid bandwagon, why is General Motors Co. sticking with EVs?
The automaker is playing the long game, company ...Read more
Trump Tower couple alleges their intimate exchange was recorded in federal lawsuit: 'I felt very violated'
CHICAGO — Georgia Litle and her husband, Clint Litle, huddled in the bathroom of their lavish condo at Trump Tower and turned on the shower.
They hoped the running water would drown out their “highly personal and ...Read more
Sony Pictures Entertainment to cut hundreds of film and TV jobs
Sony Pictures Entertainment plans to lay off a few hundred employees globally in a move to restructure its business.
The cuts, announced Tuesday afternoon, are set to affect employees who work across Sony's film, TV and ...Read more
Delta sees $2 Billion fuel hit with CEO cautious on outlook
Delta Air Lines Inc. expects to incur more than $2 billion in higher fuel costs through June because of the Iran war, prompting the carrier to tread carefully and stick to its previous full-year profit forecast.
“We’...Read more
Evan Malone has been landlord, adviser, and investor to Philadelphia's digital innovators and creators
Evan Malone brought his Cornell University engineering Ph.D., masters in robotics, and University of Pennsylvania physics degree back to Philadelphia in 2008 to start the first iteration of NextFab, a pioneer in the “...Read more
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