State California Financial News

A group of 34 United States states are filing a lawsuit against Facebook and Instagram owner Meta, accusing the company of engaging in improper manipulation of minors who use the platforms. This development comes amid rapid artificial intelligence (AI) advancements involving both text and generative AI.

The Peebles Corporation founder, Chairman and CEO Don Peebles predicts headwinds for the real estate market with high interest, mortgage rates and commercial building problems.

AirPods Max headphones is also in the works, cites the report. Apple intends to discontinue the second-generation and third-generation AirPods in the near future, cites the report. These models will be succeeded by two fourth-generation AirPods, which will be priced similarly to the existing ones but with increased differentiation.

Facebook parent Meta has posted sharply higher earnings for the third quarter, boosted by an increase in advertising revenue and lower expenses after it laid off thousands of workers

The White House is asking lawmakers for nearly $56 billion in emergency spending for disaster relief, child care funding and broadband

Wanda Sykes will kick off her «Please & Thank You» comedy tour in 2024. It marks her first major tour in six years, as reported exclusively by Variety. The tour will launch on March 1 in Concord, New Hampshire, and run until June 15 in Kansas City, Missouri. Additional dates will be added later. Artist presales start on October 26 at 10 a.m. local time, and general public ticket sales commence on October 27, both through Sykes' website.

LPL Financial’s employee advisor channel Linsco is opening a new office in Santa Barbara, California, after attracting a $200 million AUM advisor from Stifel.

BEIJING (Reuters) — China President Xi Jinping will meet California Governor Gavin Newsom, Chinese state media said on Wednesday.

A cruise operator that failed to cancel a voyage from Sydney that led to a COVID-19 outbreak has been ruled negligent in an Australian class-action case

Horizon Air flight said “I’m not OK” just before trying to cut the engines midflight and later told police he had recently taken psychedelic mushrooms as his mental health worsened, according to charging documents made public Tuesday.State prosecutors in Oregon filed 83 counts of attempted murder against Alaska Airlines pilot Joseph David Emerson, 44, on Tuesday just before he appeared in court, with his attorney, Noah Horst, entering not guilty pleas on his behalf. Federal prosecutors meanwhile charged Emerson with interfering with a flight crew, which can carry up to 20 years in prison.According to a probable cause statement filed in Multnomah County Circuit Court, Emerson told Port of Portland police following his arrest that he had been struggling with depression, that a friend had recently died and that he had taken psychedelic mushrooms about 48 hours before he attempted to cut the engines.

California regulators have revoked the license of a robotaxi service owned by General Motors after determining its driverless cars that recently began transporting passengers throughout San Francisco are a dangerous menace

Dozens of U.S. states, including California, New York, Arizona and Indiana are suing Meta Platforms Inc. for harming young people’s mental health and contributing the youth mental health crisis by knowingly designing features on Instagram and Facebook ...

Google’s digital advertising sales growth accelerated during the summer, advancing a recent revival that helped its corporate parent Alphabet Inc. to deliver a quarterly profit that exceeded analysts' projections

By Hyunjoo Jin and David Shepardson

By Max A. Cherney and Akash Sriram

iPhone maker Apple on Tuesday will announce plans to make parts, tools and documentation needed to repair its products available to independent repair shops and consumers nationwide, at fair and reasonable prices, the White House said. National Economic Council Director Lael Brainard made the announcement in remarks prepared for a White House event later Tuesday focused on the so-called «right to repair,» calling on Congress to pass legislation requiring such action across the country. The event is part of U.S. President Joe Biden's push to promote competition and crack down on so-called junk fees and other actions that increase prices for consumers.

By Andrea Shalal

(Reuters) — Dozens of U.S. states are suing Meta Platforms (NASDAQ:META) and its Instagram unit, accusing them of contributing to a youth mental health crisis through the addictive nature of their social media platforms.

California Gov. Gavin Newsom opened a weeklong trip to China with an assurance that his state will always be a partner on climate issues no matter how the U.S. presidential election turns out next year

Throughout its 5-week-old strikes against Detroit’s automakers, the United Auto Workers union has cast an emphatically combative stance, reflecting the style of its pugnacious leader, Shawn Fain

The jury trial, in a California state court, featured testimony from one Tesla employee about Autopilot that the company repeatedly asked to be kept hidden from the public. A judge refused.