Responding to consumer complaints about auto insurance coverage, the state insurance commissioner said Thursday that insurers could face penalties for creating unlawful barriers for California drivers. Ricardo Lara issued a bulletin to auto insurers, reminding them that they cannot change their policies’ terms and rates without formally filing for state review and approval. The bulletin…
In the tech world, 2023 was a year of pure chaos. There was the artificial intelligence boom that breathed life into an industry in dire want of its next big thing, delivering a torrent of new startups, investment and hype. There was also the collapse of Silicon Valley Bank, the fraud conviction of crypto titan…
From an AI slowdown to humanoid robots doing real work – tech trends to watch out for in 2024.
Grocery company Ralphs illegally denied jobs to hundreds of people based on their criminal history, California’s Civil Rights Department alleges in a new lawsuit. The lawsuit, filed Thursday in Los Angeles County Superior Court, is the first of its kind under California’s Fair Chance Act, which went into effect in 2018 and limits the use…
Don Garber acknowledged long ago he didn’t know much about soccer when he left the NFL for MLS. Last week, the MLS commissioner showed he still doesn’t understand the sport. The league’s attempt to limit its participation in the U.S. Open Cup to developmental MLS Next Pro players, knee-capping the country’s oldest national soccer competition,…
Curtis S. Chin, a former U.S. ambassador to the Asian Development Bank, is managing director of advisory firm RiverPeak Group. Jose B. Collazo is an analyst focusing on the Indo-Pacific region. Follow them on X at @CurtisSChin and @JoseBCollazo. As 2023 comes to a close, we take a look at the year that was in…
CNBC’s Jim Cramer looked back on the year of artificial intelligence and highlighted some ways it has affected the world. “The good news? Generative AI can’t do everything,” Cramer said on his Thursday show. “The bad news? What it can do, it does better than we’ll ever do, unless maybe you’re Einstein or Beethoven or…
Woman’s waist size may be contributing factor to infertility, study says Woman’s waist size may be contributing factor to infertility, study says 00:53 BOSTON – One in four couples struggle with infertility and a new study finds that a woman’s waist size may be a contributing factor. A team in China studied more than 3,000…
Workers at fast-food restaurants and in minimum-wage jobs can expect a pay bump soon, courtesy of higher wage floors adopted by California lawmakers and more than two dozen cities across the state. In California, the minimum wage is currently $15.50 per hour, but it rises to $16 per hour starting Jan. 1, according to the…
IRS Commissioner Daniel Werfel testifies before the House Small Business Committee on July 17, 2013. James Lawler Duggan | Reuters The IRS has unveiled a “voluntary disclosure program” for businesses that claimed a pandemic-era tax credit in error and want to pay the money back. Worth thousands per employee, the employee retention tax credit, or…
