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| April 26, 2017

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Here’s why Chinese money is pouring into Temecula’s wine region

April 23, 2017 |

David Liu made his first fortune more than two decades ago, exporting American scrap metal to his rapidly industrializing home country of China. After the financial crisis, he scored big again buying thousands of distressed apartments in the United States and selling them later for a tidy profit.


L.A. Times – Business

Trump administration launches national security investigation into steel imports

April 20, 2017 |

The Trump administration directed the Commerce Department on Thursday to expedite an investigation into whether the way other countries sell steel compromises U.S. national security.

In a briefing Thursday morning, Commerce Secretary Wilbur Ross said the review would consider how much steel the…


L.A. Times – Business

1 Dead After Army Helicopter Crashes Into Golf Course

April 17, 2017 |

A Black Hawk helicopter crashed onto a golf course in Maryland during a routine training flight Monday, killing one crew member and injuring two others, the US Army said. The cause of the crash is under investigation, the US Army Military District of Washington said in a statement Monday evening,…
Newser

Baby Hauled Into US Embassy on Terrorism Suspicions

April 17, 2017 |

Whether Harvey Kenyon-Cairns was nervous at the US Embassy in London as he was questioned about possible terrorist activities is unclear, but his grandfather tells the Guardian Harvey was “good as gold” and didn’t cry once. Which is surprising, as Harvey is a 3-month-old British infant, caught up in what…
Newser

Elon Musk says Tesla semi truck to debut in September, kicking clean-truck race into high gear

April 14, 2017 |

Tesla Inc. plans to unveil an electric cargo truck in September, Chief Executive Elon Musk said Thursday, heating up the race to get a zero-emissions semi truck on the road.

“Tesla Semi truck unveil set for September,” Musk said on Twitter. “Team has done an amazing job. Seriously next level.”…


L.A. Times – Business

Airbus figures out how to squeeze 80 more seats into its giant A380 jets

April 8, 2017 |

In an effort to squeeze more passengers into each cabin and more revenue out of each flight, the nation’s airlines have reduced legroom and narrowed the seat widths in many main cabin sections.

Although nearly every major carrier is now reporting near-record profits, the move to optimize cabin…


L.A. Times – Business

Boy With Toddler Passenger Crashes Car Into Canal: Cops

April 8, 2017 |

Authorities say a Florida man let his 13-year-old son drive a car unsupervised around a neighborhood with a 2-year-old passenger before the boy crashed into a canal. Neither child was seriously hurt in Friday’s crash in southwest Florida, the Fort Myers News-Press reports. The Florida Highway Patrol says the 31-year-old…
Newser