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Pandemic rent control? Southern California landlords losing pricing power – OCRegister

The pandemic’s economic fallout has forced landlords to adjust rents for financially struggling exiting tenants and compete heavily on price to fill a suddenly …

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It took a virus, not political action, to prune the pricing power of California landlords.
The coronavirus has hammered the state economy, and the once rock-solid residential rental market has been especially hard hit. Data from the Consumer Price Index shows us that business limitations designed to slow the pandemics spread have dramatically changed consumer spending habits just as California voters will weigh a rent-control measure Nov. 3.
My trusty spreadsheet looked at three California met…

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Video shows woman punch flight attendant while wearing mask incorrectly – New York Post

A Delta passenger wearing her mask incorrectly was kicked off a plane after punching a flight attendant in the face, video shows. BBC journalist Suzanne Kianpou…

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A Delta passenger wearing her mask incorrectly was kicked off a plane after punching a flight attendant in the face, video shows.
BBC journalist Suzanne Kianpour said the unidentified passenger got into a heated argument on the flight Monday evening to Atlanta from Miami.
In footage reposted by Kianpour, the raging traveler could be seen getting closer to the flight attendant before lunging forward.
“She’s in her face. Oh lord, oh lord” said a woman behind the camera before the passenger stri…

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JCPenney CEO says company expects to exit Chapter 11 ahead of holiday season – CNBC

The bankruptcy process has added uncertainty as the retailer prepares for the holidays and tries to send a clear message about its future to vendors.

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J.C. Penney CEO Jill Soltau said Tuesday that the bankrupt retailer expects to exit Chapter 11 ahead of the holiday season.
The department store chain said in a news release that it has taken another step toward a sale to U.S. mall owners Brookfield Property Partners and Simon Property Group. It has filed a draft asset purchase agreement, which gets it closer to a deal.
The progress in the bankruptcy process could add more clarity as Penney prepares for holiday shoppers and may send vendors a …

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Ford unveils new self-driving test vehicle for 2022 launch – CNBC

Ford plans to launch its self-driving commercial business in 2022 with vehicles based on the Ford Escape Hybrid crossover, the company announced Tuesday.

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Ford Motor plans to launch its self-driving commercial business in 2022 with vehicles based on the Ford Escape Hybrid crossover, the company said Tuesday.
The vehicles are the automaker’s fourth-generation self-driving test vehicles in partnership with Argo AI, a Pittsburgh-based autonomous vehicle start-up. Ford and German automaker Volkswagen AG split an 80% majority stake in the company earlier this year.
Ford said the vehicles will begin testing this month alongside its current fleet of ro…

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