Mark Cuban told Rep. Ro Khanna, D-Calif., that he “doesn’t understand business” during a heated clash over California’s proposed 5% billionaire wealth tax, warning it could drive startup founders and investors out of the state. The exchange centered on California’s Proposition 40, a controversial ballot measure that would impose a…

Waymo announced Friday that it is expanding its autonomous ride-hailing business across Northern and Southern California, including into two new major markets. The Alphabet-owned company said it plans to scale up its existing services across the San Francisco Bay Area and Los Angeles while bringing its robotaxi service to Sacramento…

Harvard University’s investment arm disclosed a $2.2 billion stake in SpaceX, revealing a massive payoff from an early investment in Elon Musk’s rocket company following its blockbuster public debut. Harvard Management Company reported the position in a regulatory filing Friday, making SpaceX the largest individual stock holding disclosed in its…

Kettle Cuisine LLC is recalling more than 3,000 Marketside Tomato Bisque Soup Kits sold exclusively at select Walmart stores because of possible Listeria contamination, according to a company announcement posted by the U.S. Food and Drug Administration. The recall covers 3,240 14-ounce Marketside Tomato Bisque Soup Kits with UPC 194346474004…

On a quintessential Beverly Hills street in 1985, a restaurant that would help transform the pizza industry opened its doors. After years of practicing law as federal prosecutors and criminal defense attorneys, co-founders Rick Rosenfield and Larry Flax chose to leave the courtroom behind to pursue their dream of becoming…

Nearly one in four American workers with employer-sponsored health insurance say they are stuck in jobs they want to leave because they fear losing coverage. About 24% of U.S. workers with job-based insurance – roughly 23 million adults – are experiencing “job lock,” up sharply from 16% in 2021, according…

Weeks after a recall was issued for more than 1.5 million cartons of one dozen eggs due to the risk of salmonella, the U.S. Food and Drug Administration has upgraded the recall to the highest risk level. On Wednesday, the recall was moved up to a Class I, which signifies…

The Office of the Comptroller of the Currency (OCC) on Friday granted preliminary conditional approval for a national trust bank tied to World Liberty Financial, a crypto venture partially owned by President Donald Trump’s family. The decision, announced in a letter posted on the OCC’s website, advances World Liberty Financial’s…

Wherever LeBron James goes this season, it will be the hottest ticket in town. The NBA’s all-time leading scorer announced last month that he will play his unprecedented 24th NBA season with the Philadelphia 76ers, automatically reigniting some key Eastern Conference rivalries.NBA Commissioner Adam Silver admitted he was holding off…

Latin Americans have had it with socialism. Over the past decade, more than half of Latin America’s nations have voted socialists out. From large countries like Argentina to tiny ones like El Salvador, socialists have been replaced with conservative leaders who’ve made significant progress turning their economies around.That list could…