Fastest-ever 2026 Corvette is a twin-turbo hybrid hypercar
June 17 (UPI) -- The 2026 Chevrolet Corvette ZR1X sets a new performance standard with a twin-turbo hybrid motor that delivers 1,250 HP and a…
British Steel reaches 5-year $677M deal with Network Rail
British rail passengers board a train at Hatton Cross Underground station in London in March. On Tuesday, British Steel announced that it has landed a…
‘It reminded me of COVID’: Mayor Bass decries economic impact of immigration raids on L.A.
As a community and cultural center of Boyle Heights, Mariachi Plaza would be an obvious place for families to gather on Father’s Day. But the…
Purdue Pharma $7.4bn opioid settlement wins broad support from US states | Business and Economy
The suit, brought by 55 attorneys general, will help compensate victims and fund addiction treatment programmes.The attorneys general of all 50 US states, Washington, DC,…
Meta-owned WhatsApp starts in-app ads for first time
1 of 2 | On Monday, billions of WhatsApp users around the world will see business ads in its "updates" tab as parent comapny Meta…
China’s Xi Jinping meets Central Asian leaders: Why their summit matters | Business and Economy News
Chinese President Xi Jinping reached Kazakhstan on Monday to attend the second China–Central Asia Summit, a high-stakes diplomatic gathering aimed at deepening Beijing’s economic and…
President Donald Trump heads to Canada for G7, says ‘we have our trade deals’
June 15 (UPI) -- President Donald Trump departed the White House on Sunday en route to Western Canada for the annual G7 summit, promising to…
Why Hollywood studios are still downsizing
Hollywood’s workforce just needed to “survive ’til ’25.” That was last year’s hopeful mantra for entertainment industry pros battered by layoffs and limited film and…
Column: Wasn’t the president supposed to be deporting criminals?
This will strike the literal-minded as illogical, but I think Huntington Park Mayor Arturo Flores, a Marine veteran of Iraq and Afghanistan, had a righteous…
Scale AI CEO leaving after $14B deal with Meta
June 13 (UPI) -- Tech giant Meta is investing more than $14 billion to acquire a 49% stake in artificial intelligence firm Scale AI, the…
Trump approves Nippon Steel purchase of U.S. Steel
June 14 (UPI) -- President Donald Trump issued an executive order on Friday officially giving the green light to Nippon Steel Corporation's multi-billion-dollar purchase of…
Iran-Israel tensions and an unpredictable Trump to dominate G7 | Business and Economy News
The unfolding Israel-Iran conflict will “immensely” dominate the upcoming gathering of the leaders of the Group of Seven, not just because of the dangers of…
The mad scramble to track ICE raids across L.A. County
Giovanni Garcia pulled up to a dusty intersection in South Gate and scoped the scene. It was quiet, just folks walking home from work, but…
Taiwan’s chip dominance becomes global security, economic flashpoint
WASHINGTON, June 12 (UPI) -- Taiwan may be an island of just over 23 million people, but what happens there could ripple across the global…
Shaquille O’Neal agrees to pay $1.8M to settle FTX crypto endorsement
June 13 (UPI) -- Shaquille O'Neal, the retired basketball star and NBA analyst, has agreed to pay $1.8 million to settle claims that he misled…
Oil and gold up, stocks down in response to Israeli attack on Iran
A board on the floor of the New York Stock Exchange in New York City shows gold's activity (February 2020). Gold was a bright spot…
Rodney King repeated? Leaders say latest L.A. unrest is not like 1992
The clashes between National Guard troops, police and protesters in recent days have evoked memories for some Angelenos of the deadly riots that erupted after…
Stablecoin regulation bill easily moves toward full Senate vote
June 11 (UPI) -- The U.S. Senate overwhelmingly advanced legislation for a regulatory method for payment with stablecoins. The cloture, which ended debate, was approved…
Will the US-China ‘framework’ agreement defuse trade tension? | Business and Economy
The US and China have agreed to a framework that restores a truce in their trade war after two days of talks in London.The United…
Senators propose $15-per-hour federal minimum wage
June 10 (UPI) -- The federal minimum wage would rise to $15 per hour, with annual cost-of-living increases based on inflation, in a proposed bipartisan…