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Trump immigration sweeps upended LA's economy, with some businesses losing big

Business / Business News /

The first month of Trump's immigration crackdown in Los Angeles put a dent in the area's economy, costing business owners millions in lost revenue and exponentially more in lost output from workers, according to a new county report.

The survey found that 82% of businesses reported negative impacts from the raids that began early last June and ...Read more

Mario Tama/Getty Images North America/TNS

Why Mattel now has a problem with Barbie

Business / Business News /

Barbie manufacturer Mattel took a hit this week after its superstar doll failed to deliver.

The El Segundo, California-based company behind many of the world's most iconic toys was walloped in the stock market — its shares plunged 25% Wednesday — after it announced that holiday-season sales were weak and that it expects another slow year.

...Read more

Liam Denning: Chinese cars are coming to the US -- like it or not

Business / Business News /

In a world being conquered by China’s auto companies, one redoubt stands out: The U.S. It deters Chinese companies with sky-high tariffs and a ban on auto software systems developed or controlled by them. It is also the biggest auto market in the world by revenue and one of the most profitable — China’s auto giants would love to find a way...Read more

Auto review: Dodge Charger Sixpack is a hot hatch for all seasons

Business / Business News /

DEROIT — In the midst of another Michigan snowstorm, I slid my 2026 550-horsepower Dodge Charger onto Woodard Avenue, toggled WET/SNOW mode and churned toward Huntington Place for the Detroit Auto Show, the adaptive-cruise control system helping maintain distance to traffic ahead.

Payne, have you gone mad? Driving a Charger muscle car in the ...Read more

Casey Williams: The surprising inspiration for car colors

Business / Business News /

In an episode of “Comedians in Cars Getting Coffee,” Jerry Seinfeld picks up Jimmy Fallon in a Cascade Green 1956 Corvette that appears turquoise in the summer sun. Seinfeld declares it “absolutely the essence of American futuristic positivism of the post-war society at that time.”

Fallon riffs: “That’s a beautiful thing. It’s ...Read more

Auto review: 2026 Chevrolet Tahoe is a classic win for consumers

Business / Business News /

In Grasso’s Garage this week, we have the ultimate comfort machine: the 2026 Chevrolet Tahoe RST.

Wrapped in a Dark Ash Metallic paint, this stylish Tahoe RST delivers great curb appeal, confirming why the Tahoe has been so successful in the General Motors fleet for years.

Powered by the 6.2-liter EcoTec3 Engine producing 420 horsepower and ...Read more

Philly's port has a problem with the 'Buy America' law: The cranes they need aren't made in the US

Business / Business News /

In an effort to reduce air pollution and modernize U.S. ports, the Biden administration in 2024 announced $3 billion in grants for zero-emission equipment — including tens of millions earmarked for Philadelphia’s port to buy two new electric cranes to help unload ships.

Ports have embraced the clean energy push, but some have run into a ...Read more

How Chipotle lost its sizzle

Business / Business News /

Chipotle Mexican Grill, the Newport Beach-based chain known for its bursting burritos and lunch bowls, just finished its worst year ever.

Its same-store sales declined last year for the first time since going public two decades ago. The downturn reflects what analysts say is a broader slowdown in fast casual chains — considered a step above ...Read more

Auto review: Can the 2026 Audi A6 Quattro sedan win over a nation of SUV drivers?

Business / Business News /

A November 2025 YouGov poll says 40% of Americans drive SUVs, making them the nation’s favorite vehicle, while sedans trail at 30%. Which raises a fair question: how did a machine designed for cattle, combat and the apocalypse become the go-to for grocery runs?

SUVs exist for one reason: People like sitting higher than other people. It’s ...Read more

American Airlines flight attendants call for a new CEO due to 'hemorrhaging customer trust'

Business / Business News /

Unions representing tens of thousands of pilots and flight attendants at American Airlines are openly questioning the competence of the company’s CEO, citing weak performance and poor customer satisfaction.

Employees have been raising concerns for months about the company’s direction, and on Monday, the directors of the union that ...Read more

Venezuela's oil reopening draws cautious optimism from US investors

Business / Business News /

Since the United States announced the opening of Venezuela’s oil sector to U.S. companies, foreign investors have maintained “cautious optimism” about investing in the country, where clear rules remain absent and political uncertainty persists, experts said.

A recent reform of the Hydrocarbons Law and broad investment opportunities across...Read more

Gov. Gavin Newsom supports crackdown on businesses charging veterans illegal fees

Business / Business News /

SACRAMENTO, Calif. — Gov. Gavin Newsom announced an effort to crack down on fraud targeting California military veterans as the White House has singled out Democratic states for allegedly allowing waste and abuse to run rampant.

Newsom signed Senate Bill 694 from Sen. Bob Archuleta, D-Pico Rivera, and Assembly member Pilar Schiavo, D-...Read more

Pittsburgh driverless trucker plots Sun Belt expansion

Business / Business News /

Autonomous trucker Aurora Innovation Inc. is preparing to open a 1,000-mile stretch of the Sun Belt to driverless shipping, expanding its service to several new states.

The new route will link Fort Worth and Phoenix, which is anticipated this quarter, according to the Strip District-based company.

At the same time, the company plans to open ...Read more

These outsourced Vanguard workers are getting their jobs back

Business / Business News /

When Vanguard Group outsourced more than 1,300 retirement-plan office jobs to Infosys in 2020, both companies pitched the deal as a win for the Philadelphia region, not just another cost-cutting move.

India-based Infosys called it a first step in attracting work from other U.S. financial employers.

But with Infosys moving jobs back to Vanguard...Read more

Portillo's taps new CEO, an industry veteran who held executive roles at Outback Steakhouse and Ruby Tuesday

Business / Business News /

Portillo’s, the Chicago-based restaurant chain that has recently scaled back expansion plans amid sluggish sales, has a new CEO.

Industry veteran Brett Patterson, whose resume includes executive roles at Outback Steakhouse, Ruby Tuesday and Olive Garden, will take the reins of Portillo’s on Feb. 23, the company announced Wednesday.

...Read more

BP, United Steelworkers negotiations continue after strike preparations at BP Whiting refinery

Business / Business News /

GARY, Indiana — An agreement still has not been reached nearly one week after the United Steelworkers union announced it was prepared for a strike or lockout at the BP Whiting, Indiana, refinery.

The groups are expected to continue negotiations.

The USW, on Feb. 6, reached an agreement with Marathon for a four-year national pattern, which ...Read more

LA and Long Beach are among the least affordable cities in the world for homebuyers

Business / Business News /

Los Angeles, Long Beach and San Diego are among the world's least affordable cities for homebuyers, a recent report says.

When the price of a regular home is compared to regular local salaries, Los Angeles, Long Beach, San Diego and San José were among the five least affordable cities in the world, according to a survey from financial ...Read more

Notorious Orange County dead mall is on track for redevelopment

Business / Business News /

Westminster Mall, a once-popular shopping center that has been desecrated by graffiti and vandalism since it closed last year, is on track for demolition soon.

It will be replaced with housing, a hotel and some shops and stores, part of a nationwide trend that is seeing outdated, failed malls in high-traffic locations swapped for mixed-use ...Read more

US home resales fall most in four years despite lower rates

Business / Business News /

Sales of previously owned U.S. homes fell in January by the most in nearly four years, a month marked by a massive winter storm.

Contract closings decreased 8.4%, the biggest drop since February 2022, to a 3.91 million annualized pace in January, according to National Association of Realtors data released Thursday. That trailed the median ...Read more

Real estate Q&A: How I do get relative who was staying with me to leave my home?

Business / Business News /

Q: I let my cousin stay with me for a couple of weeks while she was having some issues. Those couple of weeks have now turned into a couple of months, and I can’t really deal with her anymore. How do I get her out? — Sheila

A: Sometimes situations that begin with good intentions become more complicated than expected. Offering a helping hand...Read more