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Oil Prices Jump as Trump Vows ‘Extreme’ Strikes on Iran and Footwear Company Allbirds Sells Its Assets

Fri, 03 Apr 2026

President Trump said the Iran war is “nearing completion” while warning the U.S. will strike Iran extremely hard over the coming weeks. Oil prices jumped as traffic through the Strait of Hormuz remained shut down, with global benchmarks climbing above $100 a barrel. In California, a fight over AI infrastructure is growing, with a proposed $40 million data center in Monterey Park facing backlash over cost, noise, and pollution. Meanwhile, Governor Gavin Newsom is drawing criticism for a more aggressive social media strategy that pokes fun at conservatives. In business, the eco-friendly footwear company Allbirds has agreed to sell its assets to American Exchange Group for a fraction of its previous $4 billion valuation, and Trader Joe’s continues its steady growth with new locations in Paso Robles and Anaheim Hills. Read more at https://LATimes.com.


Supreme Court Takes Up Trump's Birthright Citizenship Case and Apple Celebrates 50th Anniversary

Thu, 02 Apr 2026

On the first day of his second term in office, President Trump signed an executive order arguing that babies born in the United States to parents who are either undocumented immigrants or temporary foreign visitors are not citizens, going against U.S. policy that dates back more than 150 years based on a longstanding interpretation of the 14th Amendment. On Wednesday, the U.S. Supreme Court took up that question again, and in a historic move, Trump attended the oral arguments in person, something no sitting president has ever done before. We should see a decision on this in late June or early July. Meanwhile, for the first time in more than 50 years, humans are headed for the moon. On Wednesday evening, NASA's Artemis II is launching four astronauts on a lunar fly-around. Already, the mission is making history, the crew includes the first woman, the first person of color, and the first non-American to set off for the moon, with liftoff scheduled from Cape Canaveral, Florida. In business, organizers of the Barbie Dream Fest in Florida are issuing full refunds after attendees reported the high-priced immersive event failed to meet expectations, and Apple is celebrating its 50th anniversary. Read more at https://LATimes.com.


Trump Deploys 2,000 Troops to Iran as War Approaches One Month

Thu, 26 Mar 2026

The United States and Israel's war on Iran is going on a month now, with Iran reportedly dismissing President Trump's ceasefire plan and offering a proposal of their own. Meanwhile, the Trump administration is ordering 2,000 soldiers from the Army's 82nd Airborne Division to the Middle East. In total, an estimated 50,000 U.S. troops are stationed throughout the region in what the Pentagon is calling "Operation Epic Fury." And lawmakers are facing intense pressure to fund the Department of Homeland Security as travel chaos spreads across the country, with the Senate appearing to be closing in on a deal that would fund parts of DHS like TSA, but not ICE, which has been at the core of the dispute. Now, airlines are turning up the heat on lawmakers. Delta Airlines announced Wednesday that it will suspend special accommodations for members of Congress, including airport escorts and priority travel support. In business, Amazon-backed Zoox is quadrupling its autonomous vehicle service area in San Francisco and preparing for launches in Austin and Miami, and plus-size fashion retailer Torrid is shuttering a significant portion of its physical locations as it shifts focus toward digital sales. Read more at https://LATimes.com.


Under Intense Scrutiny Over DHS, Markwayne Mullin Sworn In as Secretary and Why Discount Retailers Like Ross Are Growing in California

Wed, 25 Mar 2026
Markwayne Mullin was sworn in Tuesday as DHS secretary, taking the reins of a department that's faced growing scrutiny over its immigration enforcement and mass deportation operations. The Oklahoma senator and former MMA fighter is an ally of President Trump and has long supported his predecessor, Kristi Noem. Meanwhile, a University of Southern California professor created a methodology that determined which candidates from the California gubernatorial race should be invited to a debate. That debate was supposed to happen on Tuesday night, but USC canceled it with less than 24 hours notice after they received backlash for not including any candidates of color. In business, discount retailers like Ross are seeing record growth in California as consumers pivot away from traditional department stores, and developers of the massive One Beverly Hills luxury complex have secured $4.3 billion in financing to complete the 17.5-acre project.
Read more at https://LATimes.com.

Plane Crash at LaGuardia Airport Kills 2 Pilots, Injures Dozens

Tue, 24 Mar 2026

At New York City's LaGuardia Airport, two pilots were killed and dozens more injured after an Air Canada plane crashed into a Port Authority fire truck. The Federal Aviation Administration closed LaGuardia until the late afternoon on Monday. The fatal collision comes as anxiety surrounding air travel is already growing due to the ongoing partial government shutdown, which has led to hourslong security lines at some airports tied to a nationwide shortage of TSA agents. Meanwhile, President Trump calmed some market uncertainty brought on by the war in Iran, which is entering its fourth week, announcing a five-day moratorium on U.S. attacks of Iranian energy sites; this caused oil prices to come down, with the Dow Jones, S&P 500, and Nasdaq all ticking up. In business, California lawmakers are debating a bipartisan bill that would prohibit children under 16 from maintaining social media accounts, and Uber is partnering with Rivian to deploy up to 50,000 autonomous R2 robotaxis across North America and Europe by 2031. Read more at https://LATimes.com.


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