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Business

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Spain's short-term rentals up 25% despite crackdown attempts
Tourist rentals soar in Spain, outpacing official clampdowns

MADRID, Spain: Spain's push to curb short-term tourist rentals is being outpaced by the market's explosive growth, new data shows —...

U.S. stock markets diverge as economic data disappoints
Wall Street ends mixed after disappointing ADP report

NEW YORK, New York -  U.S. stocks were mixed Wednesday as investors and traders grappled with the ADP report, which revealed payrolls...

Steering defect forces Ford to recall 29K electric trucks in US
Ford recalls 29,000 F-150 Lightning e-trucks for steering control flaw

DEARBORN, Michigan: Ford is pulling back tens of thousands of its electric pickup trucks over a steering defect that could lead to...

Best Buy warns of slower growth amid tariff and economic worries
Best Buy lowers outlook as tariff worries and weak sales hit business

NEW YORK CITY, New York: Best Buy, the biggest electronics store chain in the U.S., has lowered its forecast for the year. The company...

Costco delays imports to dodge tariffs, won’t raise prices yet
Costco misses revenue estimates but holds off on price hikes

ISSAQUAH, Washington: Costco is feeling the pinch from tariffs and soft consumer spending, missing Wall Street's revenue expectations...

U.S. stock markets close higher as techs surge
Dow Jones adds 214 points as U.S. stocks rally

NEW YORK, New York - U.S. stocks closed higher on Tuesday as the markets continues to ebb and flow on prouncements and moves by the...

California

Section
U.S. layoffs rise, profits fall as tariff concerns cloud outlook
Jobless claims surge as corporate profits slump in first quarter

WASHINGTON, D.C.: A sharp rise in jobless claims and a slump in corporate profits are adding fresh signs of strain in the U.S. economy,...

Elf beauty buys Hailey Bieber's Rhode in $1 billion Deal
Hailey Bieber sells makeup brand Rhode to Elf Beauty for $1 billion

LOS ANGELES, California: Model Hailey Bieber's skincare and makeup brand, Rhode, is being bought by Elf Beauty for around US$1 billion....

Tom Hanks responds to daughter's memoir alleging abuse from his ex-wife Samantha Lewes
Tom Hanks responds to daughter's memoir alleging abuse from his ex-wife Samantha Lewes

Washington [US], June 5 (ANI): Hollywood legend Tom Hanks has recently shared his thoughts on his daughter, EA Hanks's new memoir 'The...

'Maxton Hall' season 2 to premiere on this date, check out teaser
'Maxton Hall' season 2 to premiere on this date, check out teaser

Washington DC [US], June 5 (ANI): The second season of Prime Video's hit series 'Maxton Hall' has a release date. The streamer announced...

Walton Goggins shares why he unfollowed Aimee Lou Wood on Instagram
Walton Goggins shares why he unfollowed Aimee Lou Wood on Instagram

Washington DC [US], June 5 (ANI): Actor Walton Goggins shared why he unfollowed his 'White Lotus' season three co-star Aimee Lou Wood...

U.S.-CALIFORNIA-CHINA-BUSINESS FORUM
U.S.-CALIFORNIA-CHINA-BUSINESS FORUM

(250604) -- LOS ANGELES, June 4, 2025 (Xinhua) -- Maria S. Salinas, president and CEO of the Los Angeles Area Chamber of Commerce,...