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Seattle considers banning controversial rent-setting software, RealPage
Seattle is on track to ban landlords' use of controversial rent-setting software that has been under legal fire for years.
A Seattle City Council committee on Wednesday advanced a bill to bar landlords from subscribing to software platforms that compile rental information to recommend rent prices. The proposal targets the platform RealPage, ...Read more
Real estate Q&A: Do I get more equity credit for covering house expenses after our divorce?
Q: When I got divorced a decade ago, I was allowed to continue living in the house until our son grew up, but I had to cover all the expenses for the house, including the mortgage. Now that he has gone off to college, I want to sell the house, take my share of the equity, and move to a smaller apartment. My former spouse wants to split the ...Read more

Boeing's 787 in the spotlight after deadly Air India crash
A Boeing 787 with at least 240 people on board crashed shortly after takeoff Thursday in the northwestern Indian city of Ahmedabad.
The Air India passenger plane bound for London crashed into a nearby medical college. The dead might include both passengers and those on the ground, the city police chief told reporters.
It’s too soon to know ...Read more

Why GM's $4B investment carves out more for gas trucks, SUVs amid EV shift
General Motors Co.'s $4 billion reshoring plan announced this week sketches a blueprint for the Detroit automaker's long-term strategy: ramp up production of the hulking gas-powered vehicles Americans love while growing its expanding fleet of electric vehicles.
The investment to shift production of popular models from Mexico to three U.S. ...Read more

Michael Hiltzik: Forget tariffs -- GOP proposals on student loans will crack the economy
While economists and the general public are preoccupied with the threat to U.S. economic growth stemming from Donald Trump's tariff policies, serious as that is, they may be overlooking another serious threat.
This one comes from Trump's approach, abetted by Republicans in Congress, to the student loan crisis.
It's not a trivial matter. Nearly...Read more

H-1B visa: East Bay company agrees to fine over alleged discrimination against US workers
Pleasant Hill, California, technology and staffing company Epik Solutions — a federal contractor certified as a “small disadvantaged business” — has agreed to pay a $72,000 fine after allegedly getting caught advertising jobs open only to foreign workers on the controversial H-1B visa.
“A top priority of the Justice Department’s ...Read more
Why Tilman Fertitta became Wynn Resorts' top shareholder
The Nevada Gaming Control Board on Wednesday recommended Wynn Resorts Ltd.’s top shareholder and its chief operating officer suitable for licensing in Kirk Hendrick’s last meeting as board chair.
Board members voted unanimously to recommend Tilman Fertitta suitable as a beneficial shareholder of the company and Brian Gullbrants as an ...Read more

States sue to block the sale of genetic data collected by DNA testing company 23andMe
Dozens of states have filed a joint lawsuit against the bankrupt DNA-testing company 23andMe to block the company's sale of its customers' genetic data without explicit consent.
The suit, filed this week in U.S. Bankruptcy Court in the Eastern District of Missouri, comes months after 23andMe began a court-supervised sale process of its assets. ...Read more

Simmering Trump trade war still hurting WA shipping, tourism
If U.S. trade policy seems to shift by the week, the economic costs for trade-dependent states like Washington are steadily piling up.
At the ports of Seattle and Tacoma, inbound container traffic dropped substantially in May as heavy U.S. tariffs on imports from China and elsewhere led to mass cancellations of shipments.
Tourism in Washington...Read more

Tesla suffers No. 1 used-car price drop, by this math
The price of used Teslas dropped faster than any other auto brand in the past year, a new report says.
ISeeCars.com — trackers of used-car sales — says the average price paid for a used Tesla was down 8% to $30,708. The next most significant price drops were Chrysler, off 7% to $25,632, Dodge, off 6% to $33,763, Genesis, off 5% to $33,769, ...Read more

Parmy Olson: College grads are lab rats in the great AI experiment
Companies are eliminating the grunt work that used to train young professionals — and they don’t seem to have a clear plan for what comes next.
AI is analyzing documents, writing briefing notes, creating Power Point presentations or handling customer service queries, and — surprise! — now the younger humans who normally do that work ...Read more

Wells Fargo no longer has growth restrictions. Its CFO outlines what's next
Just a week after the Fed removed Wells Fargo’s $1.95 trillion asset cap punishment over its fake sales scandal, the bank’s CFO detailed new growth plans.
Over the past five years, risk and control work was the bank’s top priority and took up a significant amount of time, Chief Financial Officer Mike Santomassimo said at Tuesday’s ...Read more

Nvidia CEO sees tenfold boost to Europe's AI computing power
Nvidia Corp. Chief Executive Officer Jensen Huang projected that Europe’s artificial-intelligence computing capacity will increase by a factor of ten over the next two years, with more than 20 so-called AI factories in the works.
“Europe has now awakened to the importance of these AI factories,” said Huang, whose company is supplying ...Read more

Venture capital investment is rising in Los Angeles -- and not just for AI startups
Early this year, private equity firm Blackstone bet big on the future of artificial intelligence by investing $300 million in a Los Angeles company that’s been around for more than two decades.
The company, DDN, helps businesses store and manage the massive trove of data that powers AI systems — the lifeblood needed for chatbots, self-...Read more

US core inflation rises less than forecast for fourth month
Underlying U.S. inflation rose in May by less than forecast for the fourth month in a row, suggesting companies are largely holding back on passing higher tariff costs through to consumers.
The consumer price index, excluding the often volatile food and energy categories, increased 0.1% from April, according to Bureau of Labor Statistics data ...Read more

US, Mexico near deal to cut steel duties and cap imports
The U.S. and Mexico are closing in on a deal that would remove President Donald Trump’s 50% tariffs on steel imports up to a certain volume, according to people familiar with the matter, a revamp of a similar deal between the trade partners during his first term.
Trump hasn’t been directly involved in the negotiations and would need to ...Read more

Owners of damaged downtown LA businesses still support the protesters, just not the 'hoodlums'
LOS ANGELES — After four days of protests, shopkeepers in downtown Los Angeles began on Tuesday to sweep up glass, board up windows and try to make sense of the violence that erupted during the demonstrations against immigration raids near the heart of the city.
Around Little Tokyo and other downtown Los Angeles neighborhoods, workers and ...Read more

Minnesota woman sues Delta after being punched by drunk passenger midflight
A Minneapolis woman is suing Delta Air Lines, claiming the airline is responsible for a drunk passenger assaulting her on an October flight from Puerto Rico to Atlanta.
Minnie Holmes, 72, filed a federal lawsuit last week alleging Delta flight attendants served alcoholic drinks to two passengers despite obvious signs of drunkenness. Holmes said...Read more

Boeing 'rolled out' 38 Max planes in May, reaching FAA production cap
Boeing delivered 45 airplanes in May and booked 303 gross orders, its largest monthly order count since December 2023.
The bulk of those orders came from Qatar Airways, which signed a deal for 120 787 planes and 30 777Xs during President Donald Trump’s visit to the Middle East last month. That deal marked the largest ever order for Boeing ...Read more

The Justice Department wants to end an agreement it reached with a Pa. bank it accused of redlining in Philly
Two years ago, the U.S. Department of Justice accused a Pennsylvania bank of redlining — avoiding lending in majority-Black and Hispanic neighborhoods in and around Philadelphia.
ESSA Bank & Trust, based in Stroudsburg, Pennsylvania, denied the accusations but entered into a settlement agreement with the federal government in which the bank ...Read more
Popular Stories
- H-1B visa: East Bay company agrees to fine over alleged discrimination against US workers
- States sue to block the sale of genetic data collected by DNA testing company 23andMe
- Why Tilman Fertitta became Wynn Resorts' top shareholder
- Simmering Trump trade war still hurting WA shipping, tourism
- Boeing's 787 in the spotlight after deadly Air India crash