As the Iran War rages on, it's continuing to cause ripples across the global economy, including an increase in the cost of jet fuel, meaning flights might get more expensive for consumers. Meanwhile, as controversial prediction markets take off, one of the biggest names in the industry, Kalshi, is being hit with criminal charges by the state of Arizona. And, just a year after the deadly 2025 Eaton fires, Edison International, the parent company of Southern California Edison, which claimed responsibility for the blaze, rewarded two of their top executives with massive paydays. In business, Amazon has launched a one-hour delivery service in Los Angeles and hundreds of other cities, and Grindr is introducing AI features for premium subscribers to improve user matching and conversation tracking. Read more at https://LATimes.com.
As the Iran War rages on, it's continuing to cause ripples across the global economy, including an increase in the cost of jet fuel, meaning flights might get more expensive for consumers. Meanwhile, as controversial prediction markets take off, one of the biggest names in the industry, Kalshi, is being hit with criminal charges by the state of Arizona. And, just a year after the deadly 2025 Eaton fires, Edison International, the parent company of Southern California Edison, which claimed responsibility for the blaze, rewarded two of their top executives with massive paydays. In business, Amazon has launched a one-hour delivery service in Los Angeles and hundreds of other cities, and Grindr is introducing AI features for premium subscribers to improve user matching and conversation tracking. Read more at https://LATimes.com.