Venture capital investments in the Greater Los Angeles region more than doubled to $5.8 billion in the second quarter, compared to a year ago, as investors poured money into the area's defense tech and aerospace companies amid escalating geopolitical tensions.

Costa Mesa, California-based defense tech company Anduril received the most venture ...Read more

Union Pacific announced an $85 billion deal Tuesday to purchase Atlanta-based Norfolk Southern, an agreement that, if approved by shareholders and regulators, would create a transcontinental railroad company, but cost Georgia a Fortune 500 headquarters.

Union Pacific CEO Jim Vena will be the top executive of the combined company, which will be ...Read more

Doctors at Johns Hopkins Medicine hospitals and facilities could stop accepting insurance from national health insurance provider UnitedHealthcare in about a month if an agreement to maintain the health plan is not reached.

Just under 60,000 patients on UnitedHealthcare plans see Hopkins providers in Maryland, Virginia and Washington, D.C.

The...Read more

Microsoft Corp. is in advanced talks to land a deal that could give it ongoing access to critical OpenAI technology, an agreement that would remove a major obstacle to the startup’s efforts to become a for-profit enterprise.

The companies have discussed new terms that would let Microsoft use OpenAI’s latest models and other technology even ...Read more

WASHINGTON — The Trump administration moved Tuesday to eliminate the last major environmental regulation on the U.S. auto industry.

The long-expected step came via a proposal to eliminate a key 2009 finding that enabled the U.S. Environmental Protection Agency to regulate greenhouse gas emissions. The repeal of that finding could trigger a ...Read more

Ford Motor Co. has secured a $3 billion line of credit ahead of another tariff deadline on Friday and amid shifting policy around fuel economy regulations.

The Dearborn automaker can draw upon the funds as it wishes for a year, and it must maintain at least $4 billion in cash during that period, according to the Tuesday filing with the ...Read more

UnitedHealth Group’s massive health insurance business will drop some Medicare Advantage health plans covering more than 600,000 people as it tries to reverse its financial declines.

The company’s insurance arm, UnitedHealthcare, is the nation’s largest provider of Medicare Advantage health plans, which are a privatized version of the ...Read more

Though still burning through cash, Boeing significantly cut its losses in the second quarter, marking another step forward on its path to recovery.

The company on Tuesday reported a net loss of $612 million, or 92 cents per share, for the three months from April to June.

During the same three months last year — when Boeing was still reeling ...Read more

During Orinda, California, homeowner Yasaman Nazmi Lee’s home-insurance saga — one of millions playing out across California as the age of mega-fires drives insurers to pull back from coverage and raise prices — there was bad news, then good news. But even the good news was not great.

Nazmi Lee’s insurer, Travelers, threatened to drop ...Read more

Promising recovery under a new CEO, Chrysler parent Stellantis NV on Tuesday reinstated its annual guidance that in the second half of the year, it will post higher net revenue than in the first half and a low single-digit operating income margin.

The forecast starts providing a picture of what the transition led by Antonio Filosa, who took ...Read more

UPS saw its second quarter revenue and profit decline compared with a year ago as it faces trade volatility and decreased U.S. shipping volumes.

The shipping giant reported $1.28 billion in net income for the second quarter, down nearly 9% from $1.4 billion a year ago.

Its quarterly revenue was $21.2 billion, nearly 3% from $21.8 billion a ...Read more

The federal government has paid California dairy farms more than $230 million to subsidize losses in milk production resulting from bird flu, records show, an amount that the dairy industry expects to climb higher as more claims for damages are processed.

The H5N1 bird flu has swept through more than 75% of California's 1,000 dairy farms since ...Read more

Minnesotans can obtain more information about how companies use their personal data, and the right to demand corrections or deletions, under a new state law taking effect this week.

The law allows consumers to request to see their personal data maintained by a company. It’s unclear how quickly businesses will be prepared to comply with it, ...Read more

When Logan Crumbaugh was growing up on his family’s farm in Gratiot County, Michigan, spotting a deer was a rare and special occasion.

But these days, he and other farmers in Michigan's Lower Peninsula are seeing way more bucks and does crossing their fields and devouring crops in a feeding frenzy that's due in part to the declining ...Read more

Michael Buday has one eye on the calendar as he makes plans to purchase a used Tesla. The Orange County, California, resident has two months left to take advantage of a federal tax credit that could save him thousands of dollars if he buys an electric vehicle.

The federal government will stop paying a $7,500 incentive for new electric vehicles ...Read more

In what proponents say is a pivotal change to how housing gets built in much of Chicago, developers will now have the easy option to dedicate less space to cars after the City Council eliminated parking minimums near public transit.

Builders putting residences within a half mile of a Chicago Transit Authority train or within a quarter mile of a...Read more

Armando Gambino Hernandez was laid off in early April after 17 years working at the same pizza factory in Chicago's western suburbs.

He learned of his termination from several co-workers, who said owner Nestlé was acting on federal orders to fire all employees without legal documentation. Hernandez, 51, originally from Durango, Mexico, does ...Read more

Albertsons Cos. demanded that Kroger Co. provide details on personal conduct that led the company to replace its chief executive officer, who shepherded the failed $24.6 billion takeover that’s now the focus of litigation between the two companies.

Earlier this year, Kroger announced that Rodney McMullen abruptly resigned after a board ...Read more

Alphabet Inc.’s Waymo plans to launch robotaxi service in Dallas next year in partnership with Avis Budget Group Inc., a push by the autonomous car company to diversify beyond its relationship with Uber Technologies Inc. to further expand across the U.S.

In a first, Waymo said Avis will serve as the fleet partner for its robotaxis in Dallas. ...Read more