Business
What does the future of driverless taxi service in Los Angeles look like? It's already here
Los Angeles commuters: Don’t be alarmed, but driverless taxis may soon become a more common sight on local streets.
On March 1, state regulators gave Waymo, the self-driving taxi company owned by Google’s parent, Alphabet, the green light to expand its robotaxi service to Los Angeles County, clearing the way for the company’s expansion into one of the biggest markets in the country.
While local transportation agencies deal with day-to-day traffic operations in their respective jurisdictions, the California Public Utilities Commission oversees the regulation of driverless vehicles across the state, superseding local governments.
Waymo has not disclosed a timeline for when its service will become widely available, but a handful of Waymo vehicles are already roaming about the county, including around the USC campus, as part of its ongoing testing and promotion program.
Under its new approval agreement, Waymo’s driverless fleet can operate in Los Angeles, Santa Monica, Beverly Hills, Inglewood, East Los Angeles, Compton and many more locales.
Here’s what we know so far about the future of driverless taxis in L.A. County:
What is a Waymo One vehicle and how does it work?
Just like Lyft or Uber, Waymo One is a ride-hailing service, with prices based on the distance for each trip. But unlike those other services, there will be nobody to make small talk with while riding in a Waymo One vehicle because the vehicles are controlled by computer software.
Passengers input their destination via an app and can sit in the front or the backseat, but are not allowed in the driver’s seat, according to Waymo.
The company currently uses the all-electric SUV Jaguar I-Pace as part of its fleet in San Francisco and Phoenix, which are equipped with lidar, cameras, radar and an AI platform to safely maneuver through traffic.
For the record:
10:29 a.m. March 8, 2024A previous version of this article reported that Waymo worked with electric vehicle brand Zeekr and China Euro Vehicle Technology AB to develop its AI software. Those companies are the manufacturers of Waymo’s next-generation vehicle platform and are not responsible for the AI development.
Waymo, previously known as the Google self-driving car, developed its own AI software.
Driving automation can be broken down into six categories, according to the standards-setting organization Society of Automotive Engineers (SAE). On a scale of 0 to 5, with the lowest being a human being in complete control of the vehicle and 5 being fully automated, Waymo’s vehicles could be categorized as 4 or 5, according to the SAE.
Where will Waymo’s vehicles be deployed in Los Angeles County?
A Waymo spokesperson said the company will “take a careful and incremental approach to expansion” while working with city officials, local communities and other groups to make sure the service is safe and accessible to its customers.
The California Department of Motor Vehicles has given several companies permission to operate driverless vehicles across the state. Waymo is allowed to deploy its fleet at all times of day in its designated domains. The vehicles can operate in inclement weather, rain and fog, with speeds up to 65 mph.
In L.A. County, Waymo will be deployed to portions or all of the following cities:
- Bell
- Bell Gardens
- Beverly Hills
- Carson
- Commerce
- Compton
- Cudahy
- Culver City
- El Segundo
- Gardena
- Hawthorne
- Huntington Park
- Inglewood
- Lawndale
- Long Beach
- Los Angeles
- Lynwood
- Manhattan Beach
- Maywood
- Paramount
- Redondo Beach
- Santa Monica
- South Gate
- Torrance
- Vernon
- West Hollywood
What should a passenger do if their driverless vehicle gets into a fender bender?
Waymo provides customers with a list of frequently asked questions after they enroll with the service that provides basic information about their ride, but the company declined to answer specifics about what a passenger should do if they’re involved in a fender bender while riding in one of Waymo’s autonomous vehicles.
In a Nov. 2023 MarketWatch article, Waymo’s Tilia Gode, head of risk and insurance, compared the insurance carried on Waymo’s vehicles to the coverage a rental car company has for its vehicles.
“Just like any commercial entity, we have insurance coverage in place that covers the Waymo driver over the course of the driving task,” Gode explains. “Essentially, there’s a shift from human being drivers to the autonomous system being the driver — Waymo is the driver.”
So, where does that leave its passengers?
Well, that’s where the rubber meets the road.
Like any company that offers its service through an app, customers enter into an agreement when they sign up with Waymo. Passengers are supposed to report any damage to the exterior or interior of the vehicle during their ride and could be held responsible for that damage if it’s discovered at a later time, according to the terms of service.
That includes a collision, flat tire or any reason the vehicle is not able to reach its destination.
“I would strongly suggest that somebody immediately involve law enforcement, even if it’s not a category of crash where reporting is mandatory,” said Bryant Walker Smith, an associate law professor at the University of South Carolina.
Getting a police report that shows the narrative of events is a good idea and can allow for police to interact with Waymo if there is any type of investigation.
What if a Waymo vehicle strikes a pedestrian, bicyclist or someone’s property?
There are decades of legal cases when it comes to car collisions and drivers, but not so much for driverless vehicles.
Gregory Keating, professor of law and philosophy with the USC Gould School of Law, said there’s a lot of speculation about how those autonomous vehicles will fit into existing law.
The question becomes whether a case will turn on product liability, the vehicle, the software that trained the AI or all of the above in a lawsuit.
“We’re entering into new territory,” Keating said. “The operator of the vehicle, like Waymo or GM, should be liable, but it’s not clear if it will play out that way.”
Because Waymo’s vehicles are equipped with cameras, all of the events leading up to any type of collision will be recorded by the vehicle, Smith said, but that footage is also Waymo’s property.
Law enforcement could procure that footage as part of an investigation, and a lawyer could seek it as part of a lawsuit or a state agency overseeing the program could request the data.
Smith notes that the public is deeply concerned about every instance where an autonomous vehicle is involved in a car crash, but over 40,000 people are killed each year in motor vehicle crashes, according to federally available data.
Still, the burgeoning driverless car industry garners public attention because they’re now joining other commuters on the road — albeit sometimes a bit bumpy.
In February, a bicyclist in San Francisco was struck by a Waymo vehicle, causing minor injuries, according to Reuters.
Waymo reported that its autonomous vehicle was at a complete stop at a four-way intersection when a large truck crossed the intersection toward the Waymo vehicle. When it was the Waymo vehicle’s turn to proceed, the car moved forward, but did not detect the bicyclist that was following the truck, which was obscured. The Waymo vehicle braked heavily, but it was not able to avoid a collision, according to the company.
Police were called to the scene and the Department of Motor Vehicles was notified about the incident.
In another incident, an autonomous vehicle operated by GM struck a motorcyclist in San Francisco. The motorcyclist received some minor injuries as a result of the collision, according to court records in a lawsuit that followed.
In subsequent legal papers referencing the incident, legal experts spoke about the vehicle as if it were a person, using language like “the vehicle was driving unreasonably” and the “vehicle was negligent” as though it were the one that was being sued, Smith said.
How are autonomous vehicles being received by local jurisdictions?
There is a healthy dose of skepticism because state regulators have final say over where driverless vehicles can roam.
L.A. Mayor Karen Bass asked regulators in November to increase their scrutiny of autonomous vehicles and said the city should have a say in how they are regulated.
At the time, she pointed to one of the Waymo driverless cars operating in Los Angeles that had failed to initially stop for a traffic officer at Beaudry Avenue and Wilshire Boulevard on Aug. 3, 2023. The officer had been signaling east- and westbound traffic to come to a stop.
Before the California PUC’s approval, San Mateo County Atty. John D. Nibbelin protested, saying the county didn’t have enough information on the expansion plans or enough engagement with Waymo.
“The ‘quick and simplified’ advice letter review process … is insufficient to develop the evidence necessary to fully understand the potential impacts and issues Waymo’s expansion into San Mateo County will create, including accounting for the differing needs and hurdles Waymo will face operating in San Mateo County,” Nibbelin’s letter to the commission stated.
There is a lot of excitement surrounding the rollout of driverless vehicles, Keating with USC said, and it raises a lot of questions about how existing laws will hold a company responsible for a driverless vehicle. But so far Waymo’s track record is above par.
An autonomous vehicle can perform the same type of maneuvers a driver can without any hesitation.
“But there could be that one situation that makes people go, ‘Oh, that’s kind of spooky that the vehicle did that,’” Keating said. “All it takes is one incident to scare people.”
Business
iPic movie theater chain files for bankruptcy
The iPic dine-in movie theater chain has filed for Chapter 11 bankruptcy protection and intends to pursue a sale of its assets, citing the difficult post-pandemic theatrical market.
The Boca Raton, Fla.-based company has 13 locations across the U.S., including in Pasadena and Westwood, according to a Feb. 25 filing in U.S. Bankruptcy Court in the Southern District of Florida, West Palm Beach division.
As part of the bankruptcy process, the Pasadena and Westwood theaters will be permanently closed, according to WARN Act notices filed with the state of California’s Employment Development Department.
The company came to its conclusion after “exploring a range of possible alternatives,” iPic Chief Executive Patrick Quinn said in a statement.
“We are committed to continuing our business operations with minimal impact throughout the process and will endeavor to serve our customers with the high standard of care they have come to expect from us,” he said.
The company will keep its current management to maintain day-to-day operations while it goes through the bankruptcy process, iPic said in the statement. The last day of employment for workers in its Pasadena and Westwood locations is April 28, according to a state WARN Act notice. The chain has 1,300 full- and part-time employees, with 193 workers in California.
The theatrical business, including the exhibition industry, still has not recovered from the pandemic’s effect on consumer behavior. Last year, overall box office revenue in the U.S. and Canada totaled about $8.8 billion, up just 1.6% compared with 2024. Even more troubling is that industry revenue in 2025 was down 22.1% compared with pre-pandemic 2019’s totals.
IPic noted those trends in its bankruptcy filing, describing the changes in consumer behavior as “lasting” and blaming the rise of streaming for “fundamentally” altering the movie theater business.
“These industry shifts have directly reduced box office revenues and related ancillary revenues, including food and beverage sales,” the company stated in its bankruptcy filing.
IPic also attributed its decision to rising rents and labor costs.
The company estimated it owed about $141,000 in taxes and about $2.7 million in total unsecured claims. The company’s assets were valued at about $155.3 million, the majority of which coming from theater equipment and furniture. Its liabilities totaled $113.9 million.
The chain had previously filed for bankruptcy protection in 2019.
Business
Startup Varda Space Industries snags former Mattel plant in El Segundo
In an expansion of its business of processing pharmaceuticals in Earth’s orbit, Varda Space Industries is renting a large El Segundo plant where toy manufacturer Mattel used to design Hot Wheels and Barbie dolls.
The plant in El Segundo’s aerospace corridor will be an extension of Varda Space Industries’ headquarters in a much smaller building on nearby Aviation Boulevard.
Varda will occupy a 205,443-square-foot industrial and office campus at 2031 E. Mariposa Ave., which will give it additional capacity to manufacture spacecraft at scale, the company said.
Originally built in the 1940s as an aircraft facility, the complex has a history as part of aerospace and defense industries that have long shaped the South Bay and is near a host of major defense and space contractors. It is also close to Los Angeles Air Force Base, headquarters to the Space Systems Command.
Workers test AstroForge’s Odin asteroid probe, which was lost in space after launch this year.
(Varda Space Industries)
Varda is one of a new generation of aerospace startups that have flourished in Southern California and the South Bay over the last several years, particularly in El Segundo, often with ties to SpaceX.
Elon Musk’s company, founded in 2002 in El Segundo, has revolutionized the industry with reusable rockets that have radically lowered the cost of lifting payloads into space. Though it has moved its headquarters to Texas, SpaceX retains large-scale operations in Hawthorne.
Varda co-founder and Chief Executive Will Bruey is a former SpaceX avionics engineer, and the company’s spacecraft are launched on SpaceX’s workhorse Falcon 9 rockets from Vandenberg Space Force Base in Santa Barbara County.
Varda makes automated labs that look like cylindrical desktop speakers, which it sends into orbit in capsules and satellite platforms it also builds. There, in microgravity, the miniature labs grow molecular crystals that are purer than those produced in Earth’s gravity for use in pharmaceuticals.
It has contracts with drug companies and also the military, which tests technology at hypersonic speeds as the capsules return to Earth.
Its fifth capsule was launched in November and returned to Earth in late January; its next mission is set in the coming weeks. Varda has more than 10 missions scheduled on Falcon 9s through 2028.
For the last several decades, the Mariposa Avenue property served as the research and development center for Mattel Toys. El Segundo has also long been a center for the toy industry as companies like to set up shop in the shadow of Mattel.
The Mattel facility “has always been an exceptional property with a legacy tied to aerospace innovation, and leasing to Varda Space Industries feels like a natural continuation of that story,” said Michael Woods, a partner at GPI Cos., which owns the property.
“We are proud to support a company that is genuinely pushing the boundaries of what’s possible, and are excited to watch Varda grow and thrive here in El Segundo,” Woods said.
As one of the country’s most active hubs of aerospace and defense innovation, El Segundo has seen its industrial property vacancy fall to 3.4% on demand from space companies, government contractors and technology startups, real estate brokerage CBRE said.
Successful startups often have to leave the neighborhood when they want to expand, real estate broker Bob Haley of CBRE said. The 9-acre Mattel facility was big enough to keep Varda in the city.
Last year, Varda subleased about 55,000 square feet of lab space from alternative protein company Beyond Meat at 888 Douglas St. in El Segundo, which it started moving into in June.
Varda will get the keys to its new building in December and spend four to eight months building production and assembly facilities as it ramps up operations. By the end of next year, it expects to have constructed 10 more spacecraft.
In the future, Varda could consolidate offices there, given its size. Currently, though, the plan is to retain all properties, creating a campus of three buildings within a mile of one another that are served by the company’s transportation services, Chief Operating Officer Jonathan Barr said.
“We already have Varda-branded shuttles running up and down Aviation Boulevard,” he said.
Business
How Iran War Is Threatening Global Oil and Gas Supplies
Ships near the Strait of Hormuz before and after attacks began
Every day, around 80 oil and gas tankers typically pass through the Strait of Hormuz, the narrow waterway off Iran’s southern coast that carries a fifth of the world’s oil and a significant amount of natural gas.
On Monday, just two oil and gas tankers appear to have crossed the strait, according to a New York Times analysis of shipping activity from Kpler, an industry data firm. Since then, one tanker passed through.
“It’s a de facto closure,” said Dan Pickering, chief investment officer of Pickering Energy Partners, a Houston financial services firm. “You’ve got a significant number of vessels on either side of the strait but no one is willing to go through.”
Tankers have been staying away from Hormuz since the U.S.-Israeli attacks on Iran that began on Saturday. A prolonged conflict could ripple broadly across the global economy, threatening the energy supplies of countries halfway around the world and stoking inflation.
International oil prices have climbed 12 percent since the fighting began, trading Tuesday around $81 a barrel, and natural gas prices have surged in Europe and in Asia.
A senior Iranian military official threatened on Monday to “set on fire” any ships traveling through the Strait of Hormuz. Vessels in the region have already come under attack. Several oil and gas facilities have also been struck or affected by nearby shelling, though the damage did not initially appear to be catastrophic.
Where ships and energy facilities have been damaged
A fire broke out Tuesday at a major energy hub in Fujairah, United Arab Emirates, from the falling debris of a downed drone, the authorities said. On Monday, Qatar halted production of liquefied natural gas, or fuel that has been cooled so that it can be transported on ships, after attacks on its facilities.
The sharp reduction in tanker traffic is reducing the supply of oil and gas to world markets, pushing up prices for both commodities. And the longer that ships stay away from the Strait of Hormuz, the less oil and gas get out to the world, which could raise prices even more.
Shipping companies have paused their tankers to protect their crew and cargo, and because insurance companies are charging significantly more to cover vessels in the conflict area.
On Tuesday, President Trump said that “if necessary,” the U.S. Navy would begin escorting tankers through the strait. He also said a U.S. government agency would begin offering “political risk insurance” to shipping lines in the area.
In addition to tankers, other large vessels regularly go through the strait, including car carriers and container ships. In normal conditions, nearly 160 make the trip each day.
Some ships in the region turn off the devices that broadcast their positions, while others transmit false locations — making it hard to give a full picture of the traffic in the strait.
The Shiva is a small oil tanker that has repeatedly faked its location, according to TankerTrackers.com, which tracks global oil shipments. It is suspected of carrying sanctioned Iranian oil, according to Kpler. The Shiva was one of the two tankers that crossed the strait on Monday.
The oil and gas that typically move through the strait come from big producing countries like Saudi Arabia, Iraq, Iran and United Arab Emirates, and are exported around the world.
Where tankers moving through the Strait have traveled
In 2024, more than 80 percent of the oil and gas transported through the Strait of Hormuz went to Asia. China, India, Japan and South Korea were the top importers, according to the U.S. Energy Information Administration.
Countries have energy stockpiles that could last them into the coming months, but a continued shutdown of the strait could damage their economies.
Several big disruptions have roiled supply chains in recent years, but the tanker standstill in the Strait of Hormuz could have an outsize impact.
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