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ABC News: Money

Dolce&Gabbana seeks over $600M damages from 2 US New! 2021-03-06 15:32:47The Milan fashion house Dolce&Gabbana has filed a defamation lawsuit in an Italian court seeking over $600 million in damages against two U.S. fas

California OKs reopening of ball parks, Disneyland New! 2021-03-06 14:01:46California has cleared a path for fans to hit the stands at opening-day baseball games and return to Disneyland nearly a year after coronavirus restri

Europe staggers as infectious variants power virus surge New! 2021-03-06 13:30:31Fast-spreading mutant versions of the coronavirus are powering another uptick.

USDA relocations curtail ag research, farmer confidence New! 2021-03-06 13:21:01Some farmers are less confident in the work the centers produce.

Highlights of the $1.9T COVID bill nearing final New! 2021-03-06 13:19:00The Senate has passed a sweeping pandemic relief package over Republican opposition, moving closer to a milestone political victory for President Joe

Open spaces, no pharmacies: rural US confronts vaccine New! 2021-03-06 09:38:01Getting a COVID-19 vaccine has been a challenge for residents of rural U.S. counties without a pharmacy or a well-equipped clinic

Senate Dems strike jobless aid deal, relief bill 2021-03-05 23:42:00Senate leaders and moderate Democratic Sen. Joe Manchin have struck a deal over emergency jobless benefits, breaking a logjam that had stalled the par

Boeing CEO waived pay but got compensation worth 2021-03-05 19:23:59The CEO of Boeing gave up his salary for most of last year, but he still got stock benefits that push the value of his compensation to more than $21 m

SEC suing AT&T for telling analysts nonpublic information 2021-03-05 18:26:44The Securities and Exchange Commission is suing AT&T and three of its investor relations executives

Exam finds multiple cracks in part of United 2021-03-05 18:18:15Federal safety officials are updating their investigation into the engine failure on a United Airlines plane that sent parts of the engine housing rai

Dems draw on civil rights history to push 2021-03-05 18:02:31Some Democratic members of Congress and national union leaders have gathered, seeking to build support for unionizing a massive Amazon facility outsid

Airline IT provider hacked, frequent flyer data breached 2021-03-05 17:14:53A company that manages ticket-processing and frequent flier data for major global airlines has exposed the personal data of an unspecified number of t

L.A. Times - Business

California theme parks, stadiums can reopen as early 2021-03-05 17:31:49The venues will be allowed to welcome back fans far sooner than expected under new guidance the state unveiled Friday.

Pamela Anderson eyes $14.9 million for Malibu beach 2021-03-05 17:24:38'Baywatch' star Pamela Anderson is offering up her place on the beach, asking $14.9 million for her designer compound in Malibu Colony.

Column: Getting Olympics tickets refunded shouldn't be like 2021-03-05 09:00:28A SoCal woman paid $5,400 for tickets to the postponed Tokyo Olympics. The company that sold them is offering only a partial refund.

Texas watchdog says grid operator made $16-billion error 2021-03-04 22:09:57A firm hired to monitor Texas' power markets says the region's grid manager overpriced electricity over two days during last month's energy crisis,

Jimmy Fallon is selling his whimsical New York 2021-03-04 16:25:06'Tonight Show' host Jimmy Fallon is asking $15 million for his New York penthouse, a quirky space that combines four units across three stories.

Universal Studios Hollywood to reopen with a food 2021-03-04 09:00:28Like other California theme parks, Universal Studios Hollywood can't operate its rides because of state pandemic rules. Its Taste of Universal event

This L.A. start-up is building tiny injectable robots 2021-03-04 08:00:26Chemotherapy and radiation can cause too much collateral damage to treat some brain tumors. Crumb-sized robots could be the solution.

LeBron James braces for a loss on Brentwood 2021-03-03 19:37:44Lakers star LeBron James is asking $20.5 million for his Brentwood home — about half a million less that what he paid for it six years ago.

Disney Store to shut 60 locations and focus 2021-03-03 18:51:47The decision to close dozens of Disney Store locations comes along with a plan to revamp Disney's online shopping platforms.

Democrats narrow who gets $1,400 checks in COVID-19 2021-03-03 18:39:05Senate Democratic leaders and President Biden have agreed to more narrowly target which Americans would be eligible for a $1,400 stimulus payment.

Column: Becerra investigating Providence Health after accusations that 2021-03-03 15:59:52California Atty. Gen. Xavier Becerra will look into accusations that a Catholic healthcare chain illicitly limits healthcare.

Appreciation: How Fred Segal's retail vision forever changed 2021-03-03 15:22:34From fashion denim to the Malibu Country Mart, Segal shaped the SoCal shopping landscape like few others


Job growth surges in February on hiring jump 2021-03-05 09:04:07Nonfarm payrolls were expected to increase by 210,000 in February, while the unemployment rate held steady at 6.3%.

Employers likely added more jobs in February, but 2021-03-04 15:43:44Hiring likely improved in February, but winter weather could have hampered some activity.

Weekly jobless claims rise less than expected despite 2021-03-04 10:56:54First-time claims for unemployment benefits totaled 750,000 last week, up from 736,000 the week before but below the 750,000 estimate.

Walmart says it will support U.S. manufacturers with 2021-03-03 11:43:52The retailer said the decision will benefit the environment and the U.S. economy, too, by sourcing goods closer to customers and creating demand for j

Private payrolls growth well short of expectations for 2021-03-03 08:47:29Companies added just 117,000 positions for the month, well below the 225,000 forecast from economists surveyed by Dow Jones.

Mortgage application demand stalls as interest rates surge 2021-03-03 07:24:15Mortgage interest rates rose at the fastest pace last week in over a year, throwing cold water on already cooling demand.

10% GDP growth? The U.S. economy is on 2021-03-02 17:17:03The U.S. economy has roared back to life in 2021, with first-quarter growth set to defy even the rosiest expectations.

Economists see first signs in data that vaccine 2021-03-02 14:15:11Covid vaccine efforts in the U.S. are yielding results. Forecasters are gaining some confidence in a summer bounce for the economy.

Fed policy changes could be coming in response 2021-03-02 10:16:07While the Fed may not raise its benchmark interest rate for years, there are growing expectations it may tweak policy soon.

Personal income leaps 10% in January thanks to 2021-02-26 10:27:02Personal income saw its biggest monthly gain since April 2020 though inflation remained tame, the Commerce Department reported Friday.

Here's why jobless claims are the wrong way 2021-02-25 11:35:36The U-3 is considered the standard for measuring unemployment, but not everyone agrees the metric is a comprehensive picture U.S. unemployment.

Carlyle’s Rubenstein says biggest economic risk is high 2021-02-25 09:38:16Carlyle Group's David Rubenstein told CNBC there might some stock market speculation but the bigger problem for the U.S. economy is high unemplo

NYT > Economy

Biden Gains Two Key Economic Advisers 2021-03-02 20:57:57The Senate confirmed Gina Raimondo as President Biden’s commerce secretary and Cecilia Rouse as the head of the Council of Economic Advisers.

Amazon Workers’ Union Drive Reaches Far Beyond Alabama 2021-03-02 14:08:17A vote on whether to form a union at the e-commerce giant’s warehouse in Bessemer, Ala., has become a labor showdown, drawing the attention of N

Warren Revives Wealth Tax, Citing Pandemic Inequalities 2021-03-01 15:49:42A tax on the net worth of America’s wealthiest individuals remains popular with voters, but has yet to be embraced by President Biden.

How Can Biden Bring Back Manufacturing Jobs? Weaken 2021-03-01 10:47:18Critics of a strong currency say it hurts American factory workers by making imports cheap.

Unemployment Claims Dropped Last Week as Coronavirus Cases 2021-02-27 11:01:49The latest reading on the labor market shows evidence of continued healing, though economists caution that the recovery is still fragile.

They Were on Equal Footing. Then the Ground 2021-02-27 05:00:14A year of pandemic restrictions has meant some friends are flush and others foundering.

Stimulus Checks Helped Personal Income Surge in January 2021-02-26 17:00:17Personal income and spending both surged in January as a new round of government checks hit Americans’ bank accounts.

Amid Shortfalls, Biden Signs Executive Order to Bolster 2021-02-26 10:58:27The order is intended to help insulate the economy from future shortages of critical imported components by making the United States less reliant on f

Gov. Phil Murphy Unveils N.J. Budget Plan With 2021-02-26 10:53:59A $44.8 billion spending plan unveiled Tuesday by Gov. Phil Murphy calls for no new taxes and fully funds the state pension program for the first time

Biden’s Pick for Trade Representative Promises Break With 2021-02-25 17:22:23Katherine Tai, the nominee to be America’s chief trade negotiator, declined to give policy specifics on tariffs and trade agreements, but laid o

Biden Looks to a Consensus Builder to Heal 2021-02-24 18:24:07Katherine Tai, the Biden administration’s nominee for trade representative, will set the course for the Democrats’ worker-focused approach

Powell Says Better Child Care Policies Might Lift 2021-02-24 17:48:34The Fed chair said better caregiving options was an “area worth looking at” for Congress, while reiterating the central bank’s full-