Economy
California tech company Cloudflare to lay off more than 1,000 workers, cites AI
The company's stock plunged roughly 18% after it announced the job cuts and forecasted revenue that fell short of expectations.
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Economy
Pressure grows on California attorney general to try to block Paramount’s deal for Warner Bros.
The congressional Democrats want California Atty. Gen. Rob Bonta to closely examine how the Paramount-Warner Bros. deal would affect jobs and competition.
Economy
DeepSeek and Alibaba rescue China’s office landlords
Technology firms are reviving (a few) Chinese commercial-property markets
Economy
UniCredit’s lowball bid for Commerzbank causes consternation
A bad-tempered battle for a big German bank
Economy
Donald Trump’s foreign policy gets a muscular finance arm
The Development Finance Corporation’s loan book may soon rival the World Bank’s
Economy
Sweeping California law on single-use plastic meets with outrage from all sides as it goes live
California's long anticipated single-use plastic law is now in effect. Environmentalists and anti-waste activists are suing, saying loopholes make it toothless and even harmful.
Economy
Hiltzik: Blame gas stations — and yourself — for the rise and fall of gas prices
Economists blame corner gas stations and consumer behavior for the rocket-and-feathers phenomenon in the rise and fall of gasoline prices.
Economy
Gulf economies face long-term hit from Iran conflict
Commentators say it will take years or even decades to repair the damage.
Economy
Merger costs add up as Warner Bros. Discovery posts $2.9-billion quarterly loss
Merger costs, including accounting for a Netflix termination fee, contributed to the loss
Economy
If you’re an iPhone user, you could get $95 from this Apple settlement
Apple settled legal claims that the California smartphone maker misled consumers about AI capabilities available on the iPhone.
Economy
Trump administration supports L.A. wildfire victims suing State Farm
The Trump administration's Department of Justice filed a brief Monday supporting the legal position of L.A. wildfire victims suing State Farm and other insurers in a state lawsuit.