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James F. Peltz

James F. Peltz has covered nearly every aspect of national business news – including corporate America, Wall Street and global economic matters – for more than 25 years in Los Angeles and New York. He also spent nine years on the Los Angeles Times’ Sports staff, where he mainly wrote about auto racing and major league baseball. Peltz graduated from UCLA and earned a master’s degree in journalism from the University of Colorado.
Elon Musk says money to take Tesla private would come from Saudi Arabia, but he hasn't struck a deal

Tesla Chief Executive Elon Musk said Monday that his tweet about having “secured” funding to take the electric-car maker private were based on meetings with Saudi Arabia’s sovereign fund that left him “with no question” that they could strike a deal. Others remained unconvinced.

McDonald's plans to modernize 550 California outlets with ordering kiosks and table service

McDonald's Corp. and its franchisees plan to spend $390 million to modernize an additional 550 restaurants in California through next year. It's part of a $6-billion upgrade effort nationwide by the fast-food giant.

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