SoCal Edison backing electricity startup that pulls heat from Earth • The number of job openings has declined sharply in every state
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Tuesday, June 25, 2024

Volkswagen investing up to $5 billion in Rivian Automotive in Irvine

The automakers are forming a joint venture to produce next-gen systems for EVs.

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SoCal Edison backing electricity startup that pulls heat from Earth

Fervo Energy, a Houston-based geothermal company, is drilling up to 125 wells in southwest Utah.

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The number of job openings has declined sharply in every state

Nationally, for the first time since before the pandemic, the number of job openings and unemployed people is roughly in balance: a little more than one opening per person looking for work.

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Don’t fall for this scam using vacant properties to target renters and homebuyers, expert warns

Imagine handing over thousands of dollars, signing a lease for a home and moving all your belongings in — only to find out that you were scammed.

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Why banks are quietly dumping real estate loans

It’s an early but telling sign of the broader distress brewing in the commercial real estate market.

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Maui leaders consider restricting vacation rentals for tourists

The island’s mayor wants homes rented to long-term Maui locals to address a chronic housing shortage.

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Incredibly rare proof of first Harry Potter novel, lost for years, goes on sale in Dallas

Harry Potter fans have a chance to own a rare copy of the series’ first book.

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Visa, Mastercard $30 billion swipe-fee deal blocked by judge

A federal judge said earlier this month that nothing she heard had changed her mind that the settlement should be approved.

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Tesla recalls Cybertrucks twice in a day to fix windshield wipers, loose trim

The company estimates in the filings that 2% of the pickups may have defective wiper motors, and that 1% may need trim pieces replaced or reworked.

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Ford recalls over 550,000 pickups because transmission can suddenly downshift to 1st

In documents posted Tuesday, Ford said the downshifting can cause drivers to lose control of the trucks, increasing the risk of a crash.

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