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US initial jobless claims rise to 235,000 in Goldman analysis
Applications for U.S. unemployment benefits rose last week, according to a Goldman Sachs Group Inc. analysis of state-level filings released during the federal government shutdown.
Initial claims rose to about 235,000 in the week ended Oct. 4 from the bank’s estimate of roughly 224,000 the prior week, Goldman Sachs economists led by Jan ...Read more

Bessent's big gamble on Argentina has a narrow road to pay off
For Scott Bessent’s $20 billion bet on Argentina to pay off, a lot of things have to go right — things that in the past, in Argentina, have tended to go wrong.
The Treasury secretary announced a lifeline Thursday that’s designed to pull the country’s financial markets out of deepening turmoil, and a close political ally out of a hole. ...Read more

Meet the Boeing engineer tasked with reviving the reputation for safety
Don Ruhmann, Boeing’s chief aerospace safety officer, thinks the company is “poised” for change.
Ruhmann, 61, is the second person to take on the role since Boeing created it in 2021, in the wake of two deadly 737 Max crashes. His office is in charge of some of the company’s most-criticized programs, including an internal channel for ...Read more

Auto review: 2025 Acura ZDX is back with EV revenge
As someone who owned an original Acura ZDX back in 2010, I believe the historically ugly crossover SUV failed due to its futuristic design and coupe-like tail, which was years ahead of its time. Now consumers love coupe-shaped SUVs and are gaga for the German automakers' stylish designs.
The ZDX name plate is back for 2025, but this time as an...Read more

Auto review: 2025 Ford Maverick Lobo is a sport truck lightweight that makes small feel big
The 2025 Ford Maverick Lobo isn’t a big truck. Nope, the Lobo is small, at least by modern truck standards. That means it’s about the size of an old Ford F-150 from the Clinton administration or a Chevy Silverado from the Reagan years. And because the full-size American pickup truck has supersized along with the American waistline, the ...Read more

Trump predicts China would resume buying US soybeans
U.S. President Donald Trump predicted China would resume purchases of American soybeans after meeting President Xi Jinping, though a cabinet official said federal relief for beleaguered farmers will have to wait until the government reopens.
Trump said Thursday that the pressure he would bring on the Chinese president during their planned sit-...Read more

Trump, Pulte threats fuel $19.5 billion homebuilders rout
President Donald Trump and Federal Housing Finance Agency Director Bill Pulte are fueling a deeper selloff in already struggling homebuilder stocks.
A series of social media posts, from the US president over the weekend and then from the FHFA director and real estate scion Pulte on Wednesday, contributed to a four-day losing streak for an S&P ...Read more

Ford joins GM in dropping scheme to extend EV credit
Ford Motor Co. on Thursday said it won't file for federal plug-in vehicle tax credits for transactions after the program's deadline, following a similar decision by General Motors Co.
The Dearborn automaker will continue to offer its current lease rates to customers, but will not claim the tax credit of up to $7,500. The incentive ended on Sept...Read more

Bayer considers an end to Roundup after Missouri high court affirms $611 million verdict
ST. LOUIS — German life sciences giant Bayer is plotting its next moves after a big loss last month when the Missouri Supreme Court declined to reconsider a $611 million Roundup verdict against the company.
Its options could include stopping production of glyphosate, the active ingredient found in the Roundup weedkiller. Brian Leake, ...Read more

Los Angeles Times Media Group takes step to go public
The Los Angeles Times Media Group, which includes the 144-year-old newspaper, a digital production studio and a gaming company, is moving forward to make shares in the combined entity available to the public, the company announced Thursday.
The company plans a round of private placement financing aimed at attracting large investors, private ...Read more

'I run the company.' Paramount's David Ellison addresses his father's involvement
Billionaire Larry Ellison ponied up the money for his family to acquire the controlling stake in Paramount two months ago, and the tech titan would need to write another huge check should Paramount buy Warner Bros. Discovery.
So, in Hollywood circles, the question has been: How involved is the elder Ellison in Paramount's strategy and ...Read more

US launches financial rescue of Argentina, Treasury buys pesos
The U.S. rushed to stabilize Argentina’s economy on Thursday, offering $20 billion in financing and carrying out a rare intervention in currency markets to prop up the peso after weeks of sharp declines.
Washington has finalized a $20 billion currency swap framework with Argentina’s central bank, Treasury Secretary Scott Bessent said in a ...Read more

Countries try to lure foreign talent after Trump's H-1B visa fee hike
WASHINGTON — Foreign countries are seeking to capitalize on President Donald Trump’s new fee hike on applications for H-1B visas, a move some experts say could have a detrimental impact on the United States.
Canada, Germany and China are among the countries that have publicly signaled intent to attract to their country’s tech industries ...Read more

Who can sue in cruise ship video voyeur case? Passengers in a legal showdown
A cruise ship crew member who planted a hidden camera to watch a young girl undress in her cabin may have spied on over 900 passengers, a class action lawsuit alleges.
Lawyers who filed the civil lawsuit in a Miami federal court last October want each of those people to be able to hold the company accountable and receive damages. But Royal ...Read more

Shoppers in California plan to splurge this holiday season -- out of fear
Shoppers in California plan to splurge this coming holiday season, but not because they are confident about the future. They are worried about inflation and figure it’s better to buy now than pay more later.
At least that’s the takeaway from a new report from accounting firm KPMG that shows that consumers on the West Coast are more ...Read more

Michael Hiltzik: Say farewell to the TiVo box, the device that revolutionized how we watch television
Back in the days when the dot-com frenzy was nearing its peak and I was covering high-tech full-time for this newspaper, scarcely a week passed without someone showing up in our newsroom offering a demonstration of a new consumer gizmo.
Almost always these machines and the services they supported provoked yawns. As the Book of Ecclesiastes ...Read more
Real estate Q&A: How can I get my neighbor to keep it down during 5 a.m. workouts?
Q: I live in an apartment, and my upstairs neighbor gets up to work out every day at 5 a.m. He’s often loud, dropping the weights and waking me up. I’m kind of at my wits’ end. I really don’t want to have to report him to the community, but I also need to get some sleep. What can I do? — Adrian
A: Living in an apartment comes with its...Read more

Delta sees improved travel demand, revenue in third quarter
Travel demand and revenue continued to improve for Delta Air Lines in the third quarter of 2025 after a slump earlier this year, according to the company’s financial results released Thursday.
CEO Ed Bastian said in an interview that the results lay the groundwork for a fourth quarter he expects “to be at or better than” any fourth ...Read more

Why not vaccinate Minnesota turkeys for bird flu? It could start a trade fight
Avian flu flared up in Minnesota poultry operations last month after a nearly eight-month reprieve, forcing farmers to depopulate eight turkey barns.
A vaccine exists for this highly pathogenic avian influenza, which could be used against the nearly four-year outbreak that has wiped out 9.2 million birds in Minnesota alone.
But if American ...Read more

Almost no one is building new apartments in Los Angeles. Here's why
Los Angeles developer Cliff Goldstein just completed a plush new apartment complex on the Westside, but that's the last one he's going to build for the foreseeable future.
Even though demand for housing in the region is red hot, many people who build apartments for a living have paused putting shovels in the ground because, they say, it's just ...Read more
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- Los Angeles Times Media Group takes step to go public