Stock market today: Asian shares are mixed after Wall Street suffers worst loss since Election Day

BANGKOK — Shares started out the week mixed in Asia after U.S. stocks fell to their worst loss since Election Day. Japan’s Nikkei 225 index dropped 1% to 38,255.65 as the yen regained some strength against the U.S. dollar after the central bank governor, Kazuo Ueda, indicated that the Bank of Japan will continue to…

Universal Epic Universe: New theme park coming to Florida in May

The Universal Orlando Resort in Florida is gaining a fourth theme park next year that will feature areas dedicated to Nintendo, Harry Potter and other intellectual property, a move that is expected to significantly ramp up the company’s competition with Walt Disney Co. in the state. Universal Epic Universe will open to the public on…

U.S. agency launches investigation into Tesla’s self-driving tech

Tesla’s controversial “Full Self-Driving” mode is being investigated by U.S. authorities after a series of crashes, including one accident that killed a pedestrian. The National Highway Traffic Safety Administration opened its latest probe into the leading maker of electric vehicles after receiving reports of four collisions that occurred while drivers were allowing their cars to…

Back-to-office orders have become common. Enforcement not so much

Since Cynthia Clemons’ employer announced last month that she was required to be in the office two days each week, the switch from remote work hasn’t been smooth. The self-described extrovert, who works as an organizer for the nonprofit Abundant Housing LA, said she so far hasn’t “gotten into a rhythm of being productive at…

Hiltzik: A judge blows the whistle on Florida’s antiabortion governor

“To keep it simple for the State of Florida: it’s the First Amendment, stupid.” This warning from federal Judge Mark Walker of Tallahassee, Fla., to Gov. Ron DeSantis and his quack state surgeon general, Joseph Ladapo, may not be the most scathing denunciation of a litigant by a judge in judicial history, but it will…

California steps up scrutiny of wage advance and debt relief services

Concerned that Californians were being victimized by novel types of lenders, state lawmakers gave regulators broad power in 2021 to guard against unfair, deceptive and abusive practices in the financial services industry. On Tuesday, the California Department of Financial Protection and Innovation announced its first new regulatory targets: earned wage access, debt settlement and student…

Denny’s to close 150 restaurants as chains continue to struggle

The ubiquitous and popular diner chain Denny’s will close 150 locations by the end of next year amid declining revenue and changing consumer habits, the company announced Tuesday. Known for 24/7 service and a wide selection of menu items, the company behind the 71-year-old restaurant reported lower-than-expected earnings for the third quarter and has seen…

Walmart could pay $7.5 million for alleged landfill violations

Walmart will be liable for millions of dollars in civil penalties and costs for allegedly dumping hazardous waste and sensitive customer records in California landfills, according to a stipulated judgment filed this week in Alameda County Superior Court. The judgment would settle a lawsuit brought against Walmart by California Atty. Gen. Rob Bonta and the…

End of content

End of content