State California Financial News

Ruholamin Haqshanas is a contributing crypto writer for CryptoNews. He is a crypto and finance journalist with over four years of experience. Ruholamin has been featured in several high-profile crypto...

Check out what's clicking on FoxBusiness.com.

Motel 6, the budget hotel chain that has lined U.S. highways for decades, will be sold to Oyo, an India-based hotel operator, the companies announced Friday. Blackstone, the private equity giant and the owner of Motel 6's parent company, said the transaction would be an all-cash deal for $525 million. The deal is expected to close before the end of the year, and would include the chain's offshoot hotel brand, Studio 6. Oyo expanded into the United States in 2019, and has recently ramped up efforts to expand further. It currently operates more than 300 hotels domestically. The company, which specializes in budget hotels and proudly describes itself as «a startup,» had received a large investment from SoftBank. But some troubling incidents in India in recent years raised questions about some of its business practices.

Northern Lights, or Aurora Borealis, could be visible across several northern and Midwestern US states this Friday night. As the sun nears the peak of its 11-year solar cycle, increased solar activity has created ideal conditions for this breathtaking natural phenomenon. The National Oceanic and Atmospheric Administration (NOAA) has forecast a Kp index of three for the upcoming event, which suggests heightened aurora activity and brighter displays in favorable weather conditions.

Consumers may feel their medical bills are unyielding, inflexible, set in stone. But that's not always true: A new study shows patients can often reap financial benefits by disputing charges that seem erroneous or by negotiating for financial relief.

Federal land managers have completed a final environmental review of a proposed Nevada lithium mine they say would help supply minerals critical to electric vehicles and a clean energy future while still protecting an endangered wildflower

Subscribe to enjoy similar stories. A price battle has broken out in the hot market for weight-loss drugs. Eli Lilly and Novo Nordisk, the pharmaceutical heavyweights selling the popular injections, are each dangling discounts to gain an edge and to induce health plans to pay up.

Barrons Roundtable panelists discuss Americas housing crisis amid a potential rate-cut.

Apple Inc. is set to be warned by the European Union to open up its highly guarded iPhone operating system to rival technologies, or eventually risk significant fines. EU watchdogs are due to announce under the bloc’s new Digital Markets Act that the Cupertino, California-based firm must step into line with strict new rules on making operating systems fully functional with other technologies, according to people familiar with the matter, who spoke under condition of anonymity. Th European Commission declined to comment. Apple didn’t immediately respond to a request for comment.

MrBeast is accused of creating “unsafe” employment conditions and misrepresenting contestants’ odds at winning his new Amazon reality show’s $5 million grand prize

Latinas are making substantial contributions to the U.S. economy.

Instagram is introducing separate teen accounts for those under 18 as it tries to make the platform safer for children amid growing backlash against how social media affects young people’s lives

Subscribe to enjoy similar stories. In 2022, an unusual case came across the desk of Erin West, a California prosecutor who specializes in cybercrime. The victim was a 30-year-old man who thought he had met his soul mate on a dating app until he realized he had been conned out of $300,000.

Donald Trump should have the opportunity starting Thursday to sell his shares in Trump Media & Technology Group, the company behind the Truth Social platform

Boeing says it’s considering temporary layoffs to save cash during the strike by machinists

Venezuela’s main opposition coalition has urged the U.S. to cancel licenses for Chevron and other energy companies

Tito Jackson, one of the brothers who made up the beloved pop group the Jackson 5, has died at age 70.

Being a venture capitalist carries a lot of prestige in Silicon Valley

spacewalker returned to Earth with his crew on Sunday, ending a five-day trip that lifted them higher than anyone has traveled since NASA’s moonwalkers.SpaceX’s capsule splashed down in the Gulf of Mexico near Florida’s Dry Tortugas in the predawn darkness, carrying tech entrepreneur Jared Isaacman, two SpaceX engineers and a former Air Force Thunderbird pilot.They pulled off the first private spacewalk while orbiting nearly 460 miles (740 kilometers) above Earth, higher than the International Space Station and Hubble Space Telescope. Their spacecraft hit a peak altitude of 875 miles (1,408 kilometers) following Tuesday’s liftoff.Isaacman became only the 264th person to perform a spacewalk since the former Soviet Union scored the first in 1965, and SpaceX’s Sarah Gillis the 265th.

A strike by some 33,000 Boeing machinists is impacting production of the company's best-selling airplanes