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Tesla announced its first quarter financial results Tuesday, including a 71% drop in net income and 13% drop in vehicle deliveries.
In a settlement reached with the Justice Department, Walgreens agreed to pay up to $350 million for illegally filling invalid opioid prescriptions.
The grocery chain Trader Joe’s said on its website that 21 locations are opening soon, including five in California.
Three congressmen on the House Committee on Energy and Commerce sent a letter to the genetic testing company 23andMe on Thursday, asking the company questions about its data privacy policies.
Zoox, an autonomous vehicle company owned by Amazon, announced plans to bring a fleet of test vehicles to Los Angeles this summer.
The food delivery company DoorDash announced a partnership with Coco Robotics to bring food delivery robots to sidewalks in Los Angeles and Chicago.
Business owners across Los Angeles who rely on imported goods are bracing for higher prices as Trump imposes steep taxes on products from several countries.
Tesla shares fell sharply Monday after an analyst cut his price target, pointing to President Trump’s aggressive tariffs and Elon Musk’s controversial role in his administration.
With vehicle prices expected to rise sharply as a result of Trump’s auto tariffs, many consumers are rushing to make purchases before the tariffs take effect.
The cannabis company Gold Flora is seeking court protection in the face of mounting operations costs and obligations from lawsuits.
