L.A. County’s Board of Supervisors took its first major step Tuesday toward buying Gas Company Tower, one of the most prominent office skyscrapers in downtown Los Angeles. The looming purchase could move workers and public services out of existing county offices, including the well-known Kenneth Hahn Hall of Administration, which dates to 1960. The building … Read more
A family exits a Spirit Halloween store operating in a former Best Buy. Paul Weaver | Lightrocket | Getty Images Some Spirit Halloween locations will be busy for longer than usual this year. Spirit Halloween will operate 10 stores through the entire holiday season as “Spirit Christmas,” a spokesperson confirmed with CNBC. Instead of the … Read more
Aristocrat Gaming CEO Hector Fernandez told CNBC that digital opportunities are key to the company’s future — as is ensuring its intellectual property is protected. Fernandez said he welcomes competition, but added that “one of the things that is pivotal for us is to aggressively defend our IP that we create.” The global gamemaker sued … Read more
Florida’s sports betting market may be about to get a lot more interesting, with Hard Rock’s chairman opening the door to partnerships with commercial sportsbooks. Hard Rock has the monopoly on sports betting in the state, winning the exclusive tribal gaming compact following a hard-fought battle against Flutter-owned FanDuel, DraftKings and Penn Entertainment. The sportsbooks … Read more
U.S. stocks rebounded as falling oil prices release some of the pressure that built up on the market. The S&P 500 rose 1% Tuesday and clawed back its loss from the day before. The Dow Jones Industrial Average added 0.3%, while the Nasdaq composite climbed 1.4% as Big Tech stocks led the way. Wall Street … Read more
PHILADELPHIA — The U.S. Environmental Protection Agency has reached a tentative $4.2 settlement with a firm that owned and operated a major East Coast refinery that was shuttered after an explosion and fire in 2019. The deal with Philadelphia Energy Solutions was announced Tuesday. There will now be a 30-day public comment period before the … Read more
More than a dozen states and the District of Columbia filed lawsuits against TikTok on Tuesday, saying that the popular short-form video app is designed to be addictive to kids and harms their mental health. The lawsuits stem from a national investigation into TikTok, which was launched in March 2022 by a bipartisan coalition of … Read more
Sixty of the wealthiest people in the UK collectively contributed more than £3bn a year in income tax, the BBC has learned. The amount of income tax they paid is roughly equivalent to around two-thirds of Labour’s entire additional spending commitments in their manifesto earlier this year. Each of the 60 individuals had an income … Read more
A major McDonald’s french fries supplier slashed jobs and abruptly shut closed a factory as cash-strapped fast-food customers downsize their meals — or skip the side order completely — amid inflated prices. To combat slowing sales, the fast-food giant launched a $5 Meal Deal this summer that includes a McDouble or McChicken, a four-piece nugget, … Read more
A prominent Jewish civil rights group has come to the defense of Tony Dokoupil after the “CBS Mornings” anchor’s bosses found he had an “ax to grind” during his tough interview with controversial author Ta-Nehisi Coates, The Post has learned. Jonathan Greenblatt, national director of the Anti-Defamation League, contacted CBS News chief Wendy McMahon on … Read more