By one measure, California’s economy is thriving. By other metrics? Not so much.

The Golden State’s economy reached another milestone last year by jumping ahead of Japan to become the world’s fourth-biggest economy, according to new data from the International Monetary Fund.

But deep inequality is widening, including in Silicon Valley, ...Read more

Google parent Alphabet Inc. reported first-quarter revenue and profit that exceeded analysts’ expectations, buoyed by continued strength in its search advertising business.

First-quarter sales, excluding partner payouts, were $76.5 billion, the company said Thursday in a statement. Analysts had expected $75.4 billion on average, according to ...Read more

Imports at the Port of Los Angeles are expected to plunge in the next two weeks, even as negotiations over the final tariffs that China and other countries must pay are still being negotiated by President Trump.

That was the sobering message that port Executive Director Gene Seroka had Thursday for the Los Angeles Board of Harbor Commissioners ...Read more

San Diego-based fast food chain Jack in the Box announced plans this week to close up to 200 locations as part of a broader strategy to improve long-term finances.

The chain offering burgers, chicken sandwiches and curly fries is the latest to shrink its footprint amid inflationary pressures and high labor costs.

Popular destinations including...Read more

Internet company Yahoo Inc. — backed by owner Apollo Global Management Inc. — would bid for the Chrome web browser if a federal court orders Google to divest it as a remedy for maintaining an illegal monopoly, a senior executive said.

Brian Provost, the general manager for Yahoo Search, testified Thursday during Google’s trial in ...Read more

If California were its own country, its economy would now rank as the fourth-largest of any nation across the globe, Gov. Gavin Newsom said, a new milestone that comes at a time of major economic turbulence.

California has long been a global powerhouse, fueled by a variety of sectors including technology, agriculture, tourism and entertainment....Read more

SEATTLE — Boeing will feel the impact of hefty tariffs imposed by President Donald Trump — particularly when it comes to deliveries to China — but the company's strong first quarter has set it up to continue its recovery, Boeing executives said Wednesday.

Boeing lost significantly less money in the first three months of this year than the...Read more

Applications for U.S. unemployment benefits picked up slightly, reflecting a stable labor market.

Initial claims increased by 6,000 to 222,000 in the week ended April 19, according to Labor Department data released Thursday. That was in line with the median forecast in a Bloomberg survey of economists and close to the 12-month average.

Filings...Read more

If California were its own country, its economy would now rank as the fourth-largest of any nation in the globe, Gov. Gavin Newsom said this week.

Newsom announced the state's new economic ranking Wednesday after recently released data from the International Monetary Fund and the U.S. Bureau of Economic Analysis indicated that California's ...Read more

The U.S. government wants to build more military and cargo ships to better compete with China, and Hanwha Philly Shipyard is ready for a larger role in building those ships, Daniel O’Brien, head of Hanwha’s Washington, D.C., lobbying arm, said Wednesday on a tour of the facility his company bought for $100 million last year.

But first, the ...Read more

Anyone weary of the fire hose of dire news from the White House might have found respite in an uplifting story emanating from Colossal Biosciences, a Dallas-based genetics startup, early this month: Colossal reported that it had successfully resurrected the dire wolf from its 12,000-year-long extinction.

The feat was "the world's first de-...Read more

PHILADELPHIA — Bonnie Arbittier keeps a list on her phone of every jacket, bag and article of clothing she’s resisted buying so far this year.

More than three months into 2025, the list has held Arbittier accountable to her New Year’s resolution: No clothing purchases. Not even from thrift stores. Not even for special occasions.

When she...Read more

When Artie R. Williams decided it was time to kick his gas habit, he narrowed his search to three options: the Cadillac Optiq, a Porsche Macan EV and the Polestar 3. — none of which has been on the market for more than a few months.

Tesla wasn’t on the table.

“Nothing against Elon (Musk), but those vehicles have been out for so long,�...Read more

Former Medtronic chief executive and Harvard Business School executive fellow Bill George calls these times for corporate leaders “the most challenging I’ve ever seen.”

The White House this month briefly imposed, and then later paused for 90 days, many new tariffs President Donald Trump proposed on what he called “Liberation Day.” But...Read more

Alaska Airlines lost $166 million in the first quarter of 2025 but is confident it will weather the impact of tariffs and economic uncertainty as it looks to launch new trans-Pacific nonstop routes later this year.

SeaTac-based Alaska Air Group, with newly absorbed Hawaiian Airlines, reported quarterly revenue of $3.1 billion, according to ...Read more

In the three months since a Whole Foods in Philadelphia became the first unionized store in the Amazon-owned chain, at least eight employees have been fired. Some workers and their union believe they were targeted because of their support for the union.

United Food and Commercial Workers Local 1776, which represents the employees at 2101 ...Read more

Ford Motor Co.'s director of electrified propulsion engineering on Wednesday hailed a "breakthrough" in battery chemistry from the Dearborn automaker's battery research and development center in Romulus.

Ford is working to scale lithium manganese-rich cell chemistry and integrate the batteries into Ford's lineup within this decade, Charles Poon...Read more