California energy officials vote to extend Diablo Canyon nuclear plant operations

California energy officials vote to extend Diablo Canyon nuclear plant operations

California energy officials have voted to extend the operation of the Diablo Canyon Power Plant through 2030, extending the life span of the state’s last nuclear plant an additional five years. The California Public Utilities Commission approved a proposal to keep Diablo Canyon’s twin reactors online, overturning an earlier agreement to close the plant in…

Gautam Singhania: Domestic abuse claims threaten India tycoon’s fortune

Gautam Singhania: Domestic abuse claims threaten India tycoon’s fortune

“Close to 96% of the net worth of the promoters of India’s wealthiest families is parked in trusts,” said Rishabh Shroff, partner at Cyril Amarchand Mangaldas, a Mumbai law firm. “These structures are increasingly attractive to wealthy business families, to shield their assets and insulate their businesses from insolvency, family or creditor disputes.”

Unite Here Local 11 reaches deal with Beverly Wilshire, strikes Sheraton near Disneyland

Unite Here Local 11 reaches deal with Beverly Wilshire, strikes Sheraton near Disneyland

Unite Here Local 11 has reached a tentative agreement with a 10th hotel, marking continued momentum in the contract campaign it began earlier this year. The deal with the Beverly Wilshire was reached days after the union nailed down agreements with two other major Beverly Hills hotels, the Beverly Hilton and the Waldorf Astoria. It…

Column: How the retail lobby sold a $45-billion whopper about organized shoplifting

Column: How the retail lobby sold a $45-billion whopper about organized shoplifting

If you’re making a list of big news stories of 2023, here’s one you might want to check twice: The surge in “organized retail crime,” or gang shoplifting. I’ve written before about the news media’s fixation on this phenomenon despite the unreliability of retailers’ claims about it, and especially when compared with the much more…

Who owns the memorabilia on the walls of this iconic L.A. pizzeria?

Who owns the memorabilia on the walls of this iconic L.A. pizzeria?

Almost every square inch of wall space at Village Pizzeria on Larchmont Boulevard is adorned with tchotchkes and photos that gives the Los Angeles slice shop its bicoastal feel. A 2000 Subway Series poster and Brennan and Carr bumper sticker show its founder grew up in New York. A “Made in Los Angeles” neon sign…

OMV, ADNOC close to agreeing deal for chemicals company tie up  | Reuters News Agency

OMV, ADNOC close to agreeing deal for chemicals company tie up  | Reuters News Agency

Business & FinanceDeals 14 December 2023, 5:30 am 1 minute Reuters exclusively reported that Abu Dhabi National Oil Co (ADNOC) is closing in on a deal with Austria’s OMV (OMVV.VI) to combine two entities in which the companies own stakes to create a chemicals giant, two people with knowledge of the talks said. In July…

Austria stalls Russian sanctions over Raiffeisen blacklisting  | Reuters News Agency

Austria stalls Russian sanctions over Raiffeisen blacklisting  | Reuters News Agency

Business & FinanceGovernment 14 December 2023, 5:25 am 1 minute Reuters exclusively reported that Austria is seeking to have Raiffeisen Bank International, the biggest Western bank in Russia, struck off a Ukrainian blacklist in return for signing off fresh European Union sanctions on Russia, said two people familiar with the situation.  Market Impact Raiffeisen’s presence…

Austria stalls Russian sanctions over Raiffeisen blacklisting  | Reuters News Agency

Austria stalls Russian sanctions over Raiffeisen blacklisting  | Reuters News Agency

Business & FinanceGovernment 14 December 2023, 5:25 am 1 minute Reuters exclusively reported that Austria is seeking to have Raiffeisen Bank International, the biggest Western bank in Russia, struck off a Ukrainian blacklist in return for signing off fresh European Union sanctions on Russia, said two people familiar with the situation.  Market Impact Raiffeisen’s presence…

Austria stalls Russian sanctions over Raiffeisen blacklisting  | Reuters News Agency

Austria stalls Russian sanctions over Raiffeisen blacklisting  | Reuters News Agency

Business & FinanceGovernment 14 December 2023, 5:25 am 1 minute Reuters exclusively reported that Austria is seeking to have Raiffeisen Bank International, the biggest Western bank in Russia, struck off a Ukrainian blacklist in return for signing off fresh European Union sanctions on Russia, said two people familiar with the situation.  Market Impact Raiffeisen’s presence…