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In the agreement, Sempra will sell its 83.6% stake in Peruvian utility company Luz del Sur along with its interest in Tecsur S.A. — which provides electric construction and infrastructure services to Luz del Sur and third parties — and Inland Energy S.A.C., Luz del Sur's generation business. -
The proposal is revenue neutral, which means customers will be paying higher wintertime bills to offset the cost. -
This week in business: Trump says he will revoke California’s right to set vehicle emission standards, an attack on a Saudi oil field shocks global gas prices, and SeaWorld’s CEO is stepping down. -
KPBS Midday EditionSan Diego Assemblywoman Lorena Gonzalez joins Midday Edition on Tuesday to discuss the contention around two of the bills she authored this legislative session. -
CEO Gustavo Antorcha was SeaWorld Entertainment's third CEO in five years as the company, with the company still trying to rebound from financial struggles following the release of the 2013 film "Blackfish." -
In business news: Apple TV+ set to launch in November, Zillow is now buying homes, and a landmark bill passes in California that could reshape the gig economy. -
The suit alleges that Instacart — which allows customers to order groceries online and have them delivered to their homes by a "shopper" — illegally classified the shoppers as independent contractors, violating a 2018 California Supreme Court decision. -
The bill would cap consumer loan interest rates at 36 percentage points above the main interest rate set by the Federal Reserve, which is currently around 2%. Consumer advocacy groups say some loan companies charge interest rates as high as 225%. -
The contract includes hourly wage increases of $1.55 to $1.65 over the next three years, depending on the position, according to the Times. Workers also get more money from their employers for pensions and health care. -
Uber says regulations made it too difficult for it to operate in the city.
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