Business highlights

  • How much could the Rams and Chargers make in their new stadium? We ran the numbers

    How much could the Rams and Chargers make in their new stadium? We ran the numbers

    The Rams and Chargers came to Los Angeles for one simple reason: money. More specifically, the financial benefits from moving to the nation’s second-largest market and into a cutting-edge $2.66-billion stadium. But how much will Rams owner Stan Kroenke and Chargers owner Alex Spanos benefit from...

  • No more 'leaky lodge.' Bear Mountain and Snow Summit get mammoth investments in upgrades

    No more 'leaky lodge.' Bear Mountain and Snow Summit get mammoth investments in upgrades

    Sitting on a picnic table overlooking Snow Summit’s recently opened ski and snowboarding school, Jennifer Miller watched her three children — ages 3, 4 and 6 — shuffle on small skis to an expanded ski lesson area complete with two new surface lifts. “We’ve noticed a big change this year,” the Santa...

  • Disney to invest big money on a struggling Euro Disney

    Disney to invest big money on a struggling Euro Disney

    Hoping to turn around a struggling Euro Disney, the Walt Disney Co. announced plans Friday to buy out all other shareholders and invest $1.6 billion  in the Paris resort. The financial bailout is the second in three years for the European theme park, which has reported weak financial results and...

  • Ford Motor Co. strikes unusual deal with driverless car start-up Argo AI

    Ford Motor Co. strikes unusual deal with driverless car start-up Argo AI

    Ford Motor Co. has bought a majority share in a small artificial intelligence start-up that will help the automaker get driverless vehicles on the road, Ford Chief Executive Mark Fields announced Friday. Argo AI, based in Pittsburgh, will provide the “brains” for virtual driving systems. Argo becomes...

  • Tension high as Tesla prepares to begin production of the Model 3

    Tension high as Tesla prepares to begin production of the Model 3

    Tesla will shut down its Fremont, Calif., factory for a week in February to prepare the assembly line for its highly anticipated mid-market electric car, the Model 3. “This will allow Tesla to begin Model 3 production later this year as planned and enable us to start the ramp towards 500,000 vehicles...

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