State California Financial News

(Reuters) — Walt Disney (NYSE:DIS) said on Wednesday it will offer discounts on ticket prices for children at its theme parks for a limited period as it looks to boost traffic.

A prosecutor accused FTX founder Sam Bankman-Fried of stealing at least $10 billion from his customers as opening statements began in a federal court trial in New York City

By Daniel Wiessner

For Disney fans, Halloween is among the most desirable (and expensive) times to visit its theme parks

Picketing has begun at Kaiser Permanente hospitals as some 75,000 workers who say understaffing is hurting patient care go on strike in five states and the District of Columbia

Apple Chief Executive Officer Tim Cook made $41.5 million after taxes in his biggest share sale in two years, a U.S. securities filing showed. Cook sold 511,000 shares, which were worth about $87.8 million before accounting for taxes, according to the filing dated Tuesday. He made $355 million from a stock sale in August 2021.

'Making Money' host Charles Payne discusses the impact of the expansion of the UAW strikes.

(Reuters) — Healthcare workers launched a planned three-day strike at Kaiser Permanente facilities on Wednesday, even as the union and the company said talks were continuing. Strikes have begun in Virginia and Washington, with additional strikes set to begin later in the day on the West Coast.

Investors soon won’t be able to follow Warren Buffett’s every move in HP stock if the billionaire’s company keeps selling off shares of the printer and computer maker

A California man who says he was harassed after Elon Musk amplified social media posts that made false claims about him is suing the billionaire

'Making Money' host Charles Payne discusses the impact of the expansion of the UAW strikes.

SANTA CRUZ: There never used to be young great white sharks basking off the busy beaches of central California, but as climate change starts to bite, warmer waters are enticing them north — with possibly catastrophic consequences for a whole ecosystem. Despite their fearsome reputation, brought about in part by the "Jaws" movie franchise, the main risk from these predators is not to swimmers and surfers — or even the local police chief — but to otters. «What we've been finding is that over time the number of bites on sea otters has increased in this region drastically,» says marine ecologist Salvador Jorgensen of California State University Monterey Bay. «That's having a real impact on the sea otter population.» And — in an illustration of how interconnected ecosystems are — that could have far-reaching consequences for all kinds of species in this wildlife-rich area. Great white sharks are some of the most majestic, most studied, and most feared of ocean dwellers. Growing to around 16 feet (4.9 meters), they roam the world's seas thousands of feet deep to satisfy a voracious appetite for seals, sea lions and dolphins. They live for upwards of 70 years and give birth to litters of live pups, who are left to fend for themselves from an early age. But because white sharks are endotherms — warm-bodied, like mammals — youngsters are vulnerable to the cold of the ocean depths, and spend their time in warmer pockets of water in coastal regions. Until a decade or so ago, that meant juveniles would only be found as far north as southern California. But, says Jorgensen, that's changing. «We documented the sudden occurrence of much smaller sharks than had ever been seen here before,» he told AFP in Monterey Bay,

WASHINGTON (Reuters) — U.S. and California officials said on Tuesday they are in discussions with General Motors (NYSE:GM) self-driving unit Cruise about a crash in San Francisco involving a pedestrian struck by a robot taxi after being hit by another vehicle.

Cointelegraph reporters are on the ground in New York for the trial of former FTX CEO Sam Bankman-Fried. As the saga unfolds, check below for the latest updates.

McCarthy's ability to remain in leadership was thrown into serious risk on Tuesday after the House voted to move ahead with an effort by hard-right Republican critics to oust him. The narrow outcome forced by McCarthy's chief rival, Rep. Matt Gaetz of Florida, brought together a handful of conservative Republican critics of the speaker and many Democrats who say he is unworthy of leadership.

As the final preparations for the trial of Sam Bankman-Fried were underway in Manhattan, attorneys for the embattled former FTX CEO were filing a suit against the Continental Casualty insurance company in the United States District Court of Northern California. That company has allegedly provided Paper Bird and its subsidiary FTX Trading directors and officers (D&O) insurance. The suit was filed by Bankman-Fried as an individual.

Shares of California-based Fisker Inc. (NYSE:FSR) continue to decline Tuesday after the company announced a successful closing of its convertible notes offering of $170M to an undisclosed institutional investor.

Palm Tree Music Festival 2024 is set to return to Aspen, Colorado, early next year. The line-up includes Kygo, David Guetta, The Chainsmokers, Labrinth, DRAMA, and Harry Hudson. This two-day event will take place on February 23-24, 2024, at Rio Grande Park in Aspen. Tickets for the festival will be available for purchase starting on October 5, 2023. The festival is organized by Belly Up Aspen, C3 Presents, and Kygo's Palm Tree Crew. Last February, the event marked its debut in Aspen, having previously been held in The Hamptons, Southern California, Egypt, and Australia. Kygo, one of the festival's co-founders, expressed his enthusiasm for returning to Aspen. He stated, «I am so excited to bring Palm Tree Festival back to Aspen for its second year. We are building something special in the city of Aspen, and I can't wait to continue year after year.» Myles Shear, Kygo's manager and co-founder of Palm Tree Crew, highlighted the success of the previous year's festival. He said, «We made history last year launching the Palm Tree Music Festival in Aspen during the peak of winter season. Now, here we are a second time, and we are stoked to bring this event back to downtown Aspen.» David and Danny Goldberg, the organizers behind Belly Up Aspen, expressed their gratitude for the support they received during the inaugural festival. They added, «We are proud and humbled by the incredible feedback and support we received from the inaugural festival. We are grateful to be working alongside our partners C3 Presents and Palm Tree Crew and are thrilled to bring this incredible event back to Aspen in 2024.»

Climate Depot publisher Marc Morano discusses AOC getting called out for purchasing a non-union-made EV on 'The Bottom Line.'

While the investing world has some famous names – Warren Buffett and Cathie Wood to name just two – there are also many celebrities who are seasoned investors.

Enrollment is declining in union-run public schools across the country, and Los Angeles lost about 7.6% of its K-12 students from 2020-21 to 2022-23. Yet the teachers union and its allies in the city are mounting an effort to restrict charter schools from using empty space in district schools. California law requires school districts to make space available to charter students through “co-location." This lets charters reach agreements to use classrooms and other space in district school buildings.