State California Financial News

Los Angeles in 2028. Speculation was rife that Hollywood star Tom Cruise — seen around town during the final weekend — would feature in the closing ceremony that unlike the rain-drenched July 26 opening ceremony of the 2024 Paris Games, basked in sunny, hot weather. For now, French swimmer Leon Marchand started the Olympic flame's journey to the Stade de France. For Los Angeles, topping Paris could be mission impossible. The French capital made spectacular use of its cityscape for its first Games in 100 years. The Eiffel Tower and other iconic monuments became Olympic stars in their own right, serving as backdrops and in some cases venues for competitions.

Ginnifer Goodwin, renowned for her role as Snow White in the beloved ABC fantasy drama Once Upon a Time, recently shared her openness to a potential reboot or sequel of the series. During an interview with PEOPLE at the D23 Expo in Anaheim, California, Goodwin expressed her excitement about revisiting the fairy-tale universe that captivated audiences from 2011 to 2018.

Hyderabad: Telangana Chief Minister A Revanth Reddy and his team concluded their business tour of the United States on a high note, securing over Rs 31,500 crore investment plans that will bring over 30,750 jobs new jobs in the state. The delegation comprising IT and Industries Minister D Sridhar Babu and officials, during over 50 business meetings and three roundtable conferences in New York, Washington DC, Dallas and California, concluded19 investment deals/ MOUs, totalling an investment of Rs 31,500 crore and 30,750 new jobs for Telangana, an official release said on Sunday. The delegation pitched Hyderabad and Telangana as investment destination to business heads and investors across different sectors and closed new and expansion deals in IT, GCC, Life Sciences, Pharma, Data Centres, AI, among others, it said. The delegation got massive reiteration and support for various major initiatives including creation of a Future City, AI City, rejuvenation of Musi river, the release said.

Current and former Cash App users could be eligible for a hefty piece of a proposed class-action settlement from the popular online payment service

The state of California is partnering with tech giant Nvidia to help train California students, college faculty, developers and data scientists in artificial intelligence

Susan Wojcicki, the former YouTube chief executive officer and longtime Google executive, has died

investigators Saturday began analyzing the black boxes from a Sao Paulo-bound flight to try to understand why the passenger plane fell from 17,000 feet Friday, in a crash that killed all 62 on board. But to aviation experts around the world who watched videos showing the 89-foot plane spinning slowly as it plummeted before crashing almost directly on its belly, the question of what had happened was simple to answer: The plane had stalled. In other words, the plane's wings had lost the lift needed to keep the aircraft aloft, causing it to stop flying and start falling.

board member, Omid Kordestani, sued the social media company owned by Elon Musk on Friday, claiming that the billionaire refused to cash out more than $20 million worth of shares. Kordestani, who joined Twitter's board in 2015 and helped oversee the sale of the company to Musk in 2022, received most of his compensation in stock. But after Musk bought the company, now called X, he refused to pay Kordestani for those shares, the lawsuit said. X «seeks to reap the benefits of Kordestani's seven years of service to Twitter without paying him for it,» said the suit, which was filed in California Superior Court in San Francisco.

Cisco will cut thousands of jobs in a second round of layoffs this year as the U.S. networking equipment maker shifts focus to higher-growth areas, including cybersecurity and AI, people familiar with the matter said. The number of people affected could be similar to or slightly higher than the 4,000 employees Cisco laid off in February, and will likely be announced as early as Wednesday with the company's fourth-quarter results, said the sources, who were not authorized to speak publicly. Reuters exclusively reported the job cut that San Jose, California-based Cisco announced in February, prior to the company announcing it.

Chevron Chairman & CEO Mike Wirth sits down with FOX Business Maria Bartiromo to discuss Americas energy agenda, the demand for data centers and the regulatory environment.

biotech giant Amgen on Friday announced its plans to open a new technology and innovation site in Hyderabad, India. The site, to be known as Amgen, will be located in HITEC City, a suburb of Hyderabad, occupying six floors of the RMZ Spire Tower, with a potential to accommodate up to 3,000 people. The site will be operational in Q4 2024. Amgen India will initially build and accelerate new technology solutions and digital capabilities at scale that will enhance efficiencies across the enterprise.

Cookbook author and TV personality Sandra Lee is a co-host and judge on a new Netflix competition series called “Blue Ribbon Baking Championship" out Friday

Legal experts say a lawsuit stemming from the Titan submersible disaster felt inevitable, but winning a big judgment against the owner of the vessel could be very difficult

Inside Out 2" is ready for its digital and physical release. Fans can purchase or rent the movie online starting August 20, while physical copies will be available on September 10.

'Rich Dad, Poor Dad' has predicted a very grim economic future for California. Taking to X, Robert Kiyosaki has warned that California faces a dire fiscal situation, it may go broke.

Empower is celebrating strong growth for its business, driven by increased assets under administration for its Personal Wealth and Workplace Solutions units.

2024 OR1, measuring approximately 110 feet in diameter, is on a trajectory that will bring it close to Earth on August 6, 2024, at 6:41 PM IST. NASA’s Center for Near-Earth Object Studies (CNEOS) issued a warning about this near-Earth object (NEO), which is traveling at a speed of 30,381 kilometers per hour. However, it is predicted to pass safely away from Earth. 2024 OR1 belongs to the Apollo group, a category of asteroids with orbits that intersect Earth’s orbit, making them subjects of intense study. The asteroid's dimensions and rapid speed place it under NASA's close observation regime, part of a broader effort to track potentially hazardous asteroids. The size of 2024 OR1 is roughly comparable to that of a blue whale, and it moves at velocities similar to other fast-moving NEOs. Radar observations and optical telescopes have been employed to determine its trajectory and physical characteristics. NASA's initial detection of 2024 OR1 happened at the Jet Propulsion Laboratory (JPL) in Pasadena, California. The detection is part of the agency’s ongoing mission to monitor NEOs that could pose a danger to Earth. These efforts are managed by NASA’s Planetary Defense Coordination Office (PDCO), which is tasked with detecting, tracking, and characterizing hazardous asteroids and comets.

Beyond Meat says its revenue fell nearly 9% in the second quarter on lower demand for its plant-based burgers, chicken and other products

Disney returned to a profitable third quarter as its combined streaming business started making money for the first time, along with a very strong showing in theaters for the movie “Inside Out 2.”

A key measure of home-purchase applications surged last week as mortgage rates dropped to the lowest level in more than a year.

Semler Scientific, a Nasdaq-listed healthcare technology company based in California, continues to accumulate Bitcoin ( BTC ). According to the company’s press release from August 5, the firm purchased additional 101 BTC for approximately $6 million.