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☆ Meet the brothers building massive spacecraft to leverage SpaceX’s Starship
▼ + stars: | 2023-03-10 | by ( Michael Sheetz | ) www.cnbc.com time to read: +4 min

What we're finding is that, with the new launch capabilities of vehicles like Starship, there's actually an interesting opportunity to go the opposite direction," Karan Kunjur told CNBC. Los Angeles-based startup K2 Space, co-founded by CEO Karan Kunjur and CTO Neel Kunjur, is setting out to build satellite buses — the physical structure of a spacecraft that provides power, movement and more. A pair of brothers is aiming to challenge the way spacecraft are built, by going against the industry trend and designing massive satellites in a bet that towering rockets such as SpaceX's Starship are the way forward. K2 Space, a play on the brothers' surname and a nod to astronomer Nikolai Kardashev's scales of civilization, marks Karan and Neel's first venture together and fuses their previously divergent careers. For K2, the company is targeting prices that would be unheard of for satellite buses of these sizes.

☆ Qualcomm announces software business around its supply chain chips
▼ + stars: | 2023-02-21 | by ( Stephen Nellis | ) www.reuters.com time to read: +2 min

Feb 21 (Reuters) - Qualcomm Inc (QCOM.O) on Tuesday said it is launching a paid cloud software service to help companies that use its chips keep tabs on goods as they move through the supply chain. The San Diego, California company is the world's biggest provider of chips that help smartphones connect to mobile data networks. Qualcomm Aware, as the new service is called, works with Qualcomm chips that go into tracking devices for shipping containers, pallets, packages and other parts of supply chains to help companies track where their goods and materials are. The software service announced Tuesday aims to let Qualcomm customers program their chips from one central spot, with updates sent to the chips over the air. "We believe there's value in the chip and in the cloud service," Torrance told Reuters.

☆ Tuesday Morning says it wants to close 265 stores as part of its bankruptcy filing. See if your local store is on the list.
▼ + stars: | 2023-02-15 | by ( Alex Bitter | ) www.businessinsider.com time to read: +30 min

Camarillo: Camarillo Village Square, 2450 Las Posas Road, Ste HCamarillo Village Square, 2450 Las Posas Road, Ste H Roseville: Fairway Commons Shopping Center, 5771A Five Star Blvd. San Diego: Pacific Plaza Shopping Center, 1772‐D Garnet AvenuePacific Plaza Shopping Center, 1772‐D Garnet Avenue Woodland Hills: Pride Shopping Center, 22950 Victory Blvd. Winston-Salem: Whitaker Square Shopping Center, 1947 North Pease Haven Road, Space #1947Whitaker Square Shopping Center, 1947 North Pease Haven Road, Space #1947 Matthews: Windsor Square Shopping Center, 9945 E. Independence Blvd. ; Westhill Village Shopping Center, 7525 WestheimerWeslayan Plaza West Shopping Center, 5442‐A Weslayan Street; Westheimer Commons, 12568 Westheimer Rd. ; Westhill Village Shopping Center, 7525 Westheimer El Paso: West Towne Marketplace, 6450 N. Desert Blvd., Ste.

☆ Auto loan delinquencies are rising. Here's what to do if you're struggling with payments
▼ + stars: | 2023-02-04 | by ( Sarah O'Brien | ) www.cnbc.com time to read: +4 min

Fotostorm | E+ | Getty ImagesFor a rising share of car owners, monthly auto loan payments appear to be evolving into a problem. High prices, interest rates have led to bigger paymentsLoan delinquencies can harm your credit scoreWhile the auto loan delinquency rate is edging higher, the default rate is not, according to Cox. "If you're 30 days late, it impacts your credit score," said Brian Moody, executive editor of Kelley Blue Book. What to do if you're struggling with auto loan billsFor car owners who are pretty sure they're heading toward delinquency, it's important to try preventing the problem from snowballing. If you're struggling to keep up because you don't budget well, that's at least potentially fixable, experts say.

☆ Pictures of the month: January
▼ + stars: | 2023-01-31 | by ( Jeremy Schultz | ) www.reuters.com time to read: 1 min

A young girl watches as police use armored vehicles to surround a white cargo van, believed by law enforcement to be connected to the Monterey Park mass shooting suspect, at a parking lot in Torrance, California, January 22. The 72-year-old assailant...moreA young girl watches as police use armored vehicles to surround a white cargo van, believed by law enforcement to be connected to the Monterey Park mass shooting suspect, at a parking lot in Torrance, California, January 22. The 72-year-old assailant killed 11 people and wounded nine others at the Star Ballroom Dance Studio, a venue just east of Los Angeles that is popular with older patrons of Asian descent. The attack took place during the two-day Lunar New Year celebration, one of the most festive events on the calendar for many Asians. REUTERS/Zaydee SanchezClose

If you've been debating whether to file your taxes early this year, tax experts say there are now several reasons that might be a good idea. "It’s safe to assume your Social Security number is in the hands of someone you don’t want to have it," Long said. If you are exposed to identity theft-related tax fraud, the process to file your real return could be onerous, she said. There are other reasons filing early could prove beneficial, especially if you're owed a refund. For many people who expect larger refunds, she said, filing early will help pay for, or help you plan for, expenses for the rest of the year.

SAN GABRIEL, Calif. — The elderly gunman responsible for the dance hall massacre in Monterey Park was out of step with other Asian immigrants who found joy and companionship in venues like the Star Ballroom Dance Studio, former friends said. “His ex-wife also likes to dance, so, many times, they would bump into each other in the party or at events. I don’t think his ex-wife was the cause of his massacre.”Nevertheless, Tran often blamed his ex-wife for the demise of his trucking business. Records show that Tran registered a business called Tran’s Trucking in Monterey Park in 2002 and that it was dissolved two years later. He also recalled seeing a white van parked on the modest property, not unlike the one in which Tran died.

MONTEREY PARK, Calif.—An eleventh person shot last weekend at a dance ballroom in Monterey Park, Calif. died Monday, officials said, as authorities continued to investigate why a 72-year-old man carried out the attack on a roomful of people celebrating the Lunar New Year. Law-enforcement officials named Huu Can Tran as the gunman. Tran took his own life Sunday morning after officers surrounded his vehicle in a shopping-plaza parking lot in Torrance, Calif., about 30 miles from where the shooting took place.

[1/5] Police officers detain a man, believed by law enforcement to be the Half Moon Bay mass shooting suspect, in Half Moon Bay, California, U.S., January 23, 2023, in this screengrab taken from a social media video. California Governor Gavin Newsom said he was visiting wounded survivors from Saturday night's massacre in the Los Angeles suburb of Monterey Park when he was informed of Monday's killings in northern California. A semi-automatic handgun was found in his car, San Mateo County Sheriff Christina Corpus told an evening news conference. It ranked as the deadliest mass shooting ever in Los Angeles County, according to Hilda Solis, a member of the county Board of Supervisors. Monterey Park Police Chief Scott Wiese said investigators were looking into unconfirmed reports that the violence may have been precipitated by jealousy or relationship issues.

☆ Monterey Park, police search for motive after mass shooting
▼ + stars: | 2023-01-23 | by ( Chantal Da Silva | Chantal Da Silva Is A Breaking News Editor For Nbc News Digital Based In London. | ) www.nbcnews.com time to read: +4 min

Authorities were hunting for a motive on Monday after the deadly shooting at a dance hall in Southern California that left 10 people dead, at least 10 others injured and residents of Monterey Park shaken. “The unimaginable happened in our community last evening," Monterey Park Mayor Henry Lo said in a statement on Sunday, calling the deadly shooting a "horrible tragedy." "The Monterey Park Police Department is asking for the public’s help in only utilizing 9-1-1 for emergency related calls," he said. Investigators near the scene of the shooting in Monterey Park. “I tried to reach her, but I didn’t get any response,” Monterey Park resident Vivian King told NBC News of a friend she last heard from earlier in the weekend.

MONTEREY PARK, Calif.—The man police said killed 10 people and wounded 10 others in a mass shooting east of Los Angeles late Saturday fatally shot himself Sunday following an hourslong manhunt, according to the Los Angeles County sheriff. Sheriff Robert Luna identified the man as Huu Can Tran, 72 years old. Tran took his own life in a van in Torrance, Calif., about 30 miles from Monterey Park on Sunday morning after law-enforcement vehicles surrounded the van within a shopping-plaza parking lot.

☆ Live updates: Suspect in shooting at dance hall near Los Angeles is dead, sheriff says
▼ + stars: | 2023-01-23 | by ( Erick Mendoza | Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Mirna-Alsharif-Byline-Jm.Jpg | ) www.nbcnews.com time to read: +33 min

Share this -Link copiedAlhambra officials release statement on Monterey Park shooting Alhambra officials released a statement on the Monterey Park shooting early Sunday evening. Officials also acknowledged the shooting that occurred in the city after the Monterey Park shooting. Share this -Link copiedPolice release pictures to identify Monterey Park shooting suspect The Los Angeles County Sheriff's Department has released pictures seeking to identify the Monterey Park shooting suspect. Law enforcement has connected him to the Monterey Park shooting and a shooting minutes later in Alhambra. Patrons of the Alhambra dance hall wrestled a firearm away from a man about 20 minutes after the Monterey Park shooting.

☆ Mass shooter's motive elusive as Monterey Park mourns 10 dead
▼ + stars: | 2023-01-23 | by ( Tim Reid | ) www.reuters.com time to read: +3 min

About 20 minutes after the shooting in Monterey Park, he entered another dance club in the neighboring city of Alhambra. About 12 hours later, police officers in the city of Torrance, 20 miles southwest of Monterey Park, approached a white cargo van Tran was driving. As officers neared the van, they heard a single gun shot from inside when Tran killed himself. As news about the shooting spread, some in the tight-knit community of Monterey Park feared it was a hate crime targeting Asians. Reporting by Tim Reid in Monterey Park; Additional reporting by Brad Brooks, Jonathan Allen, Dan Whitcomb and Timothy Gardner; Editing by Stephen CoatesOur Standards: The Thomson Reuters Trust Principles.

Monterey Park Police officers at the scene of a mass shooting on Jan. 22, 2023 in Monterey Park where 10 people were killed at a dance hall. (Photo by Sarah Reingewirtz/MediaNews Group/Pasadena Star-News via Getty Images)The gunman behind the deadly dance hall shooting in the Los Angeles suburb of Monterey Park may have been targeting his ex-wife on the Lunar New Year, the California city's mayor said Monday. A vigil will be held Tuesday in Monterey Park in memory of the dead. And about a dozen hours after the bloodshed in Monterey Park, police tracked Tran's white van to a car park 30 miles away in the suburb of Torrance where the suspect killed himself. "I tried to reach her, but I didn't get any response," Monterey Park resident Vivian King said of a friend she last heard from earlier in the weekend.

☆ Live updates: Possible suspect in mass shooting at dance hall near Los Angeles is found dead, sources say
▼ + stars: | 2023-01-22 | by ( Erick Mendoza | Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Mirna-Alsharif-Byline-Jm.Jpg | ) www.nbcnews.com time to read: +31 min

☆ Aviation Maverick Started Helicopter Company From Scratch
▼ + stars: | 2022-11-25 | by ( Bob Tita | ) www.wsj.com time to read: 1 min

Frank Robinson founded Robinson Helicopter to serve an untapped market for helicopters aimed at civilian uses. Frank Robinson couldn’t convince the aviation industry to change its approach to helicopters, so he changed the business by making them himself. Mr. Robinson started Robinson Helicopter Co. in Torrance, Calif., nearly 50 years ago on a hunch there was an untapped market for helicopters for civilian uses, such as cattle herding, sightseeing trips and business travel.

☆ Walmart will report earnings before the bell — here's what to expect
▼ + stars: | 2022-11-15 | by ( Melissa Repko | ) www.cnbc.com time to read: +2 min

Customers outside a Walmart store in Torrance, California, US, on Sunday, May 15, 2022. Walmart on Tuesday will report its fiscal third-quarter earnings before the bell, as the retail giant caters to inflation-squeezed customers and gears up for the peak of holiday season. To drum up sales, Walmart, Amazon , Target and other retailers have kicked off the holiday season early. Walmart threw its own sales event in October to coincide with Amazon's second Prime Day-like sales event of the year. The company's shares closed Monday at $138.39, bringing Walmart's market value to about $375.62 billion.

☆ U.S. oil refiners to keep running at breakneck speeds in fourth quarter
▼ + stars: | 2022-11-04 | by ( Erwin Seba | ) www.reuters.com time to read: +2 min

REUTERS/Bing GuanHOUSTON, Nov 4 (Reuters) - U.S. oil refiners this quarter will run their plants at breakneck rates, near or above 90% of capacity, as tight fuel supplies spur high profits and operating rates, according to company forecasts and analysts surveyed by Reuters. The refining industry has minted huge profits this year on buoyant demand for gasoline, diesel and jet fuel. PBF restarted units idled during the pandemic at its Paulsboro, N.J., plant to produce more diesel and jet fuel, with the company's refineries running at a record-high 980,000 barrels per day last quarter, Young said. Overall, refiners are forecasting production will remain close to third quarter levels, which averaged 92.75%, said Matthew Blair, refining analyst at researcher Tudor Pickering & Holt. Diesel stocks in particular “are well below typical levels and are running at some 20% below the seasonal average,” Paisie said.

With the defendant's no contest plea, Los Angeles authorities closed the case on the 2011 murders of a teenage girl and a young woman that once sparked fears of an Eastside serial killer. The first was when investigators zeroed in on serial killer Lonnie Franklin Jr., known as the Grim Sleeper, in 2010. A search of familial DNA turned up a near-match for evidence collected from the Eastside victims' bodies, Beck said in 2017. The Los Angeles County coroner's office said Lozano had been strangled and Guzman, whose body was badly decomposed, sustained unspecified neck trauma. Beck said his department's DNA database search turned up no other open-case matches for Borjas.

☆ Danaher shares slide after knockout quarter. Here's why it's a buying opportunity
▼ + stars: | 2022-10-20 | by ( Zev Fima | ) www.cnbc.com time to read: +8 min

That trend is expected to continue and result in high-single-digit core revenue growth for the bioprocessing business for the full year. Driving the gains was 30% core revenue growth at Cepheid as the businesses respiratory testing revenue of about $875 million exceeded management's expectations of roughly $325 million. Guidance Management expects overall core revenue growth to be flat to down low-single-digits for the fourth quarter. For the full year 2022, management continues to forecast base business core revenue growth in the high-single-digit percent range. That's better than the 5.9% full-year core revenue growth expected on the Street.

☆ In LA's Koreatown, coffee-shop owners gather to swap business strategies. It's acted as a pandemic lifeline.
▼ + stars: | 2021-11-15 | by ( Linda Chong | ) www.businessinsider.com time to read: +10 min

Several of the business owners take on the role of mentor and trainer, helping newcomers to the area build connections in Koreatown. Through the circle, Kim is well acquainted with more than 12 coffee businesses, some outside Koreatown. Through Yon, Kim also met dozens of business owners and baristas. "It wasn't difficult finding this business circle," Jo, who's only been in the business for a few years, told Insider. "You would think business owners are competing more during these tough times," she said, "until I met these business owners."

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