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Walmart, Target push for new shoplifting crackdown in California
The retailers and two mayors are proposing a proposed ballot measure to undo Proposition 47.
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Mortgage rates tick up as Fed’s inflation fight isn’t over yet
Borrowing costs have been hovering close to 6.6% after falling from a peak of 7.79% in late October.
SpaceX accused of sexual harassment as fight with ex-employees intensifies
The Hawthorne-based workers, who were fired in 2022 after circulating an open letter critical of Musk’s behavior, argue the aerospace company’s actions violated the state’s Fair Employment and Housing Act.
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Are apartments the next mess for commercial real estate?
The cracks in the commercial real estate market are widening from offices to apartment complexes, with more than $67 billion of the housing potentially distressed.
Is America’s love of the West ending?
High housing costs in San Francisco, Los Angeles and Seattle encourage migration to the South, a new analysis shows.
Ousted founder of WeWork wants to buy back the office sharing company
The bid would be for the entire company or its assets.
Yellen: Commercial property a worry, but regulators are on it
She cited interest rates, higher vacancy and a wave of commercial real estate loans coming due this year.
Meta to detect, label more AI-created posts as elections loom
Its system will first detect only AI-generated images created by other companies’ tools, not audio or video.
Boeing’s next crisis: Aerospace workers demanding 40% raises
Remember 2014? A contentious labor deal at the time sacrificed pensions, locked in minimal raises and tied the hands of activists for a decade.
Boeing finds more misdrilled holes on 737 in latest setback
The latest manufacturing slip originated with a supplier and will require rework on about 50 undelivered 737 jets.