Warner Bros. Discovery has joined a key copyright infringement case that could test the legal bounds of using artificial intelligence to create digital replicas of well-known characters.

The company on Thursday filed a copyright infringement lawsuit in Los Angeles federal court against AI company Midjourney Inc., alleging its image generator ...Read more

In one of his first company-wide directives, Paramount Chief Executive David Ellison announced that employees must work in the office five days a week, beginning in January.

In a Thursday email, Ellison outlined the company's phased-in approach for office attendance — including offering a severance package to Los Angeles- and New York-based ...Read more

Biotech company Amgen is investing $600 million into a new research center for its Thousand Oaks, California, campus.

The new site will create hundreds of jobs and feature advanced automation and digital capabilities, the company announced this week.

The investment will add to Amgen's existing research and development operations at its global ...Read more

In an effort to make its services more accessible, the ride-hailing company Uber is now accepting cash as payment in Los Angeles, San Diego and other big cities. .

The cash payment option is a pilot program available only in select cities and began testing in Los Angeles in recent weeks, an Uber spokesperson said. The option is also available ...Read more

OpenAI plans to launch a new AI-powered jobs platform next year to help match employers with candidates who have artificial intelligence skills in a bid to accelerate the technology’s deployment across businesses and government agencies.

The ChatGPT maker will also introduce a new certification program in the coming months that will teach ...Read more

The Trump administration is moving to eliminate rules requiring airlines to compensate passengers and provide free rebookings for flight delays and cancellations caused by non-weather-related issues.

The U.S. Department of Transportation said in a regulatory document posted online Thursday that it plans to withdraw an Advance Notice of ...Read more

When Netflix and other streaming giants found themselves in need of more cash, they cracked down on viewers who shared passwords.

People grumbled, but the gambit worked.

Now, the same principle is being applied to another service we use every day: Online shipping.

Amazon is discontinuing a popular service that allowed Amazon Prime members to ...Read more

Global investment firms Goldman Sachs and Baltimore-based T. Rowe Price announced a collaboration on providing private and public investment services, with Goldman Sachs investing $1 billion in T. Rowe Price stock for a 3.5% stake.

The partnership, announced Thursday, will see both investment companies leveraging their strengths to provide ...Read more

Three months after the debut of Universal Epic Universe theme park, Mark Woodbury, the CEO of Universal Destinations & Experiences is talking about the future – not just in Orlando, but also in other U.S. cities plus the U.K. and Asia.

In an interview with Jessica Reif Ehrlich, BofA Securities Inc. analyst, this week, Woodbury addressed ...Read more

Job cuts so far this year have already surpassed the total for 2024, as government cost-cutting, economic uncertainty and AI have prompted employers to reduce staff.

California and the tech industry have been particularly hard hit, according to a Thursday report from Challenger, Gray & Christmas, a company that helps people pivot to new careers...Read more

Swelling U.S. demand for electricity has the potential to boost coal consumption as much as 57%, according to mining giant Peabody Energy Corp., in what would be a major shift for an industry that’s been waning for years.

With the U.S. seeking to meet skyrocketing demand and the Trump administration pushing to prop up the coal industry, ...Read more

LOS ANGELES — An unlikely corner of one of L.A.'s once-famous/now-dead malls is open for business again this week as residents move into luxury apartments on the spot that used to be a Macy's parking lot.

The Westside Pavilion was one of the city's premier shopping venues and a cultural touchstone for generations of Angelenos, appearing in ...Read more

Coca-Cola in 2019 closed on one of the largest acquisitions in its history.

The Atlanta beverage giant, best known for its carbonated sodas, paid roughly $5 billion for a leading British brand, Costa Coffee. It was part of Coca-Cola’s quest to become a “total beverage company” and offer every kind of drink.

“What we get with Costa is ...Read more

Skanska USA Building builds big. One of the 10 largest general contractors in the United States, its Swedish owners bought Blue Bell-based Barclay White in 2000; added their name and capital; built a national staff of engineers, architects, and managers; and now have offices directing construction in New York and California, Texas and Florida, ...Read more

Two major digital platforms — YouTube and Hulu + Live TV — have agreed to carry C-SPAN two months after the nonprofit organization made a public plea for wider distribution.

Changing industry economics have taken a toll on C-SPAN, prompting the U.S. Senate to urge streaming companies to begin offering customers the privately funded ...Read more

The economy does better when Americans trust the Federal Reserve, the president of the Federal Reserve Bank of Minneapolis said Wednesday, and that means keeping politics out of the central bank’s work.

Speaking at a Minnesota Women’s Economic Roundtable event in Minneapolis, Neel Kashkari said maintaining trust is crucial to keeping the ...Read more

Since the dawn of the new millennium, there have been at most several thousand startup tech companies across the U.S. that have achieved unicorn status — crossing the $1 billion valuation.

Eric Lefkofsky, 55, the Chicago-based serial entrepreneur best known for co-founding online daily deals site Groupon, has given rise to six of them, ...Read more