Fire evacuees can find rooms at these L.A. hotels
The Hotel Assn. of Los Angeles reported that its members “are currently taking in thousands of Angelenos who have been displaced by the Palisades, Eaton…
Industry groups sue over Biden ban on medical debt in credit reports | Business and Economy News
Consumer watchdog said new rule would lead to rising credit scores and an additional 22,000 low-cost mortgages annually.Two groups representing the credit reporting and credit…
ADP: December private payroll growth lower than expected at 122,000
Private employers added 122,000 seasonally adjusted U.S. jobs in December, according to a Wednesday report from payroll company ADP. Dow Jones economists expected 136,000. File…
China’s millionaires eye the exit as economic storm clouds gather | Business and Economy
Taipei, Taiwan – Five years ago, Jane Meng travelled from her home in Shanghai to Hong Kong to get herself something special for her birthday.…
You survived ’til 2025. Here are the big Hollywood business stories to watch for
Covering the entertainment business is never boring, and 2025 is already shaping up to be another banger as business models that have been around for…
US Steel, Nippon sue Biden administration over decision to block merger | Business and Economy News
Nippon Steel and US Steel have filed a federal lawsuit in the United States challenging the Biden administration’s decision to block Nippon’s proposed $15bn acquisition…
After Trump's criticism, Michael Barr to resign as vice chair of Federal Reserve
Michael Barr, the vice chair for supervision at the Federal Reserve, said he will leave his post in February, giving President Donald Trump a chance…
Tax fears hitting firms’ confidence, says business group
Getty ImagesConfidence among UK firms has "slumped" as they face a "pressure cooker of rising costs and taxes", according to a business group.The British Chambers…
Business class passenger banned from United Airlines after peeing on stranger midway through long-haul flight
A UNITED Airlines business class passenger has been banned from flying after they allegedly peed on a stranger during a long-haul flight. Jerome Gutierrez was…
Can Europe and Syria do business and what does each want? | Syria’s War
The German and French foreign ministers have met Syria’s de facto leader in Damascus. The European officials conveyed a message that the lifting of sanctions…
U.S. nuclear energy ‘revival’ led by tech companies, government investment
1 of 2 | Microsoft agreed to a deal with Constellation, a Baltimore based energy company, to restart the Three Mile Island Unit 1 nuclear…
Transportation Department fines JetBlue $2M for ‘chronic flight delays’
1 of 4 | JetBlue Airways is being fined $2 million for “chronic flight delays,” with half that amount going to compensate affected passengers, the…
What lies ahead for the global economy in 2025? | Business and Economy
Inflation, geopolitical tensions and trade rows have hampered the global economy in 2024. What’s in store in 2025?A global fight against inflation, geopolitical tensions in…
Biden blocks sale of US Steel to Japan’s Nippon Steel | Business and Economy News
Biden cites need to ‘level playing field’ in long anticipated blocking of $14.6bn sale likely to roil ties with Tokyo.United States President Joe Biden has…
Biden to block Nippon Steel’s takeover of US Steel, reports say | Business and Economy
US president expected to announce decision to block proposed sale of Pittsburgh-based steelmaker as early as Friday.United States President Joe Biden has decided to block…
Tesla’s Q4 delivery numbers disappoint, stock drops
Chinese check out Tesla's Model 3 on display at the International Auto China show in Beijing on Tuesday, September 29, 2020. Tesla's reported its fourth-quarter…
Three ways cutting the IRS will hurt the U.S. economy
Donald Trump’s election with Republican House and Senate majorities has put the Internal Revenue Service back in the spotlight. The agency lost $20 billion in…
New California regulations aim to ease insurance crisis in wildfire-prone areas
A mansion burns in the Mountain Fire that struck in Camarillo, California, on November 6. New emergency home insurance regulations, revealed Monday, will require providers…
Singapore economy grows 4%, beating forecasts | Business and Economy
Singapore Prime Minister Lawrence Wong says most workers have seen wages outpace inflation.Singapore’s economy grew 4 percent in 2024, comfortably beating forecasts, according to preliminary…
Japan’s Nippon Steel offers governmental veto power for U.S. Steel production
President Joe Biden greets attendees at the United Steelworkers union headquarters following his address in Pittsburgh as part of a three-day trip across Pennsylvania in…