Will real estate commissions ever change?
Here’s how paying for a real estate agent to sell your home has long been done: A seller hands a percentage of the sale price to their broker, who then splits it with the broker…
Category: PressTelegram
How California’s new Labor committee chair is prioritizing women, senior workers
By Alejandra Reyes-Velarde | CalMatters On Nov. 22, Assembly Speaker Robert Rivas appointed new leadership in the state Legislature, including 23 female leaders of various Assembly committees, including 14 women of color. Included in that…
Big bank CEOs warn that new regulations could harm the economy
By KEN SWEET | AP Business Writer NEW YORK — The heads of Wall Street’s biggest banks used an appearance on Capitol Hill to plead with senators to stop the Biden administration’s proposed changes to…
35% of Americans want a housing crash, poll says
How out of whack is the housing market? Well, an October poll by LendingTree of 2,045 US adults found 35% want the housing market to crash – highlighted by youthful Gen Z-ers (53%) and millennials…
Panera hit with another wrongful death suit over its caffeinated ‘charged lemonade’
Panera is being sued again after another customer is said to have died after consuming the chain’s caffeinated lemonade. Dennis Brown was a 46-year-old man with a chromosomal deficiency disorder, ADHD and high blood pressure…
Steve Jobs wrote a check in 1976 to Radio Shack. Now it’s up for auction
It’s a pristine piece of Silicon Valley history — and it comes with a famous autograph. A check that Apple co-founder Steve Jobs made out to Radio Shack on July 23, 1976, just months after…
Southern California poultry processor fined $3.8 million for hiring, endangering kids
A Southern California poultry supplier that employed children as young as 14 to operate power-driven lifts and debone chickens with sharp knives has agreed to pay nearly $3.8 million in back wages, damages and penalties.…
DeSantis’ Disney district chief says workers should have paid taxes on free Disney World passes
Employees at Gov. Ron DeSantis’ Disney World oversight district owe the Internal Revenue Service more than $2 million in back taxes, according to an internal memo obtained by the Orlando Sentinel. The issue stems from…
Tens of thousands still waiting as California COVID rent relief program runs low on cash
In March 2021, the Los Angeles film industry was just beginning to roar back to life after a prolonged COVID-induced slump, but Michael Addis, a freelance filmmaker, was still deep in the hole. For more…
EDD taps Money Network as its new unemployment contractor
By Lauren Hepler | CalMatters California has a new unemployment and disability payment contractor after the state’s multi-billion-dollar pandemic fraud panic. The Employment Development Department hopes it will be the end of an era of…