Business
Column: As 10 states prepare to vote on abortion rights, Texas shows that abortion bans kill women
This election day, voters will have a direct voice in deciding whether to preserve or enhance abortion rights in 10 states, including six in which abortion is outlawed or seriously restricted.
As it happens, new data points arrive almost weekly to inform voters what’s at stake in these ballot campaigns. To put it bluntly, the health of pregnant women and those of childbearing age hangs in the balance.
With the election now less than five weeks away, let’s take an up-to-date look at this increasingly dismal landscape.
We expect that if Donald Trump is elected he will find a way to impose a nationwide abortion ban. Then we will start seeing these tragedies and near-tragedies in every state.
— Nancy L. Cohen, president, Gender Equity Policy Institute
There can no longer be any doubt that the abortion bans enacted in more than 20 states threaten women’s health.
The bellwether state is Texas, the only state to impose its abortion ban as early as September 2021, even before the Supreme Court’s June 2022 ruling in Dobbs vs. Jackson Women’s Health Organization overturned the nationwide abortion right guaranteed by Roe vs. Wade in 1973.
That timing has allowed analysts to generate statistics on maternal mortality in 2022 (for other antiabortion states, those statistics won’t be available until early next year). The Texas statistics are horrific.
As compiled by the Los Angeles-based Gender Equity Policy Institute initially at the request of NBC News, they show that maternal deaths rose in Texas to 28.5 per 100,000 live births in 2022, exceeding the national rate of 22.3.
“The data are telling us that Texas is a harbinger of what is to come in states that ban abortion,” says GEPI President Nancy L. Cohen.
The maternal mortality rate rose by 56% in Texas from 2019 through 2022, the figures show, well exceeding the national increase of 11%. The rate for Black women rose by 38% and for Hispanic women by 30%.
What was especially striking, Cohen told me, was that the maternal mortality rate for white women in Texas nearly doubled in 2019-22, while rising by only 6% nationwide.
“To see middle-class women with health insurance and all the privileges in the world experiencing this causes real alarm about what we might see coming down the road,” Cohen says. “We expect to see significant increases in maternal mortality in all the ban states.”
New antiabortion initiatives are surfacing all the time.
Most recently, as of Tuesday, Louisiana’s classification of two drugs used for medication abortions — mifepristone and misoprostol — as controlled substances went into effect, making possession without a prescription punishable by up to five years in prison. Since Louisiana already bans all abortions except to protect the life or physical health of the mother, that effectively rules out the use of the drugs to terminate a pregnancy.
Another noxious new wrinkle is efforts to prevent pregnant women from leaving antiabortion states to obtain abortions where they’re legal. On Monday, the goonishly malevolent Texas Atty. Gen. Ken Paxton sued the city of Austin to block its spending of public funds to pay for residents to travel outside the state for abortions. The city appropriated $400,000 for the purpose in its current fiscal year budget. City officials decried Paxton’s lawsuit as an attempt to “score a few political points.”
Antiabortion Republicans have also objected to Biden administration rules extending the federal medical privacy law, HIPAA, to cover requests from authorities in antiabortion states for medical information about residents who have sought abortions in states where they’re legal. Among the 30 GOP lawmakers who sent a letter to Health and Human Services Secretary Xavier Becerra last year, demanding that he rescind the rule, was Sen. JD Vance (R-Ohio), currently the GOP candidate for vice president. The rule remains in place.
Antiabortion statutes in many states have been cynically drafted with purported exemptions that afford physicians some leeway to perform abortions for women in extreme cases — say, for women in imminent danger of death or severe medical complications. They don’t work.
“The so-called ‘life’ or ‘health’ exceptions are so vague that doctors fear jail time or fear for their licenses, so they cannot provide the standard of care,” Cohen says. “None of the states that have banned abortions have meaningful exceptions.”
That may be what caused the death of a 28-year-old Georgia woman who perished while physicians debated whether her pregnancy-related infection was severe enough to warrant operating. The doctors, according to a report by ProPublica, were so worried that acting might expose them to felony charges under Georgia’s abortion ban that they waited 20 hours before performing surgery. It was too late, and she died.
It’s important to understand that even explicit laws protecting abortion rights cannot always safeguard those rights in the face of determined interference. That’s illustrated by the lawsuit that California Atty. Gen. Rob Bonta filed Monday over the refusal of St. Joseph Hospital, a Catholic hospital in Eureka, for its alleged denial of an emergency abortion to a patient, Anna Nusslock, who suffered a major pregnancy crisis in February.
Doctors at St. Joseph understood that the patient’s health was threatened and the twins she was carrying were not viable, the lawsuit states. But they couldn’t perform the operation because Catholic Church rules that govern healthcare at the institution forbade it. Instead, they recommended that Nusslock be helicoptered to UC San Francisco for an abortion.
Nusslock said at a news conference Monday that she was concerned about the $40,000 cost of the trip. She was advised against driving the 300 miles to UCSF — “If you try to drive, you will hemorrhage and die before you get to a place that can help you,” her physician at St. Joseph warned her, the lawsuit says. Instead, she was told to drive 12 miles to Mad River Community Hospital for treatment. A nurse gave her a bucket and towels in case she continued bleeding in the car.
Bonta alleges that the hospital’s discharge of Nusslock while she was experiencing a pregnancy-related crisis violated at least four provisions of California law. It may also have violated the federal Emergency Medical Treatment and Labor Act, or EMTALA, which mandates that hospitals with emergency rooms stabilize any arriving patients before discharging them.
A spokesman for Providence, the Washington-based Catholic chain that owns the Eureka hospital, told me that “while elective abortions are not performed in Providence facilities, we do not deny emergency care. When it comes to complex pregnancies or situations in which a woman’s life is at risk, we provide all necessary interventions to protect and save the life of the mother.”
The hospital chain said it is “immediately re-visiting our training, education and escalation processes in emergency medical situations to ensure that this does not happen again.”
It should be clear that if even some of Bonta’s and Nusslock’s allegations hold water, Providence’s right to continue running the Eureka hospital should come under question.
“Elective abortion” is not a medical term but one favored by the Catholic Church to signify abortions that cannot be performed in its hospitals, according to the Ethical and Religious Directives for Catholic Health Care Services, which is promulgated by the U.S. Conference of Catholic Bishops.
I asked Providence who, if anyone, provided an interpretation of the directives to the doctors on hand when Nusslock was at the hospital that prevented them from providing her with necessary care, and why licensed physicians need to retrained and reeducated about how to respond to an emergency in the emergency room at Eureka, but haven’t received a reply.
Providence’s alleged actions suggest that state laws protecting abortion rights are not impervious — and that would especially be so if Republicans regain the White House and control of Congress in the coming election.
“We expect that if Donald Trump is elected he will find a way to impose a nationwide abortion ban,” Cohen says. “Then we will start seeing these tragedies and near-tragedies in every state. Under a national ban, state protections will be meaningless.”
Trump has given equivocal indications about his abortion policies in a second term. But he also has bragged about appointing the Supreme Court justices who cemented the majority that overturned Roe vs. Wade.
Moreover, Project 2025, the manifesto for a second Trump term drafted by the Heritage Foundation, several of whose authors have close ties to Trump, calls for stringent limits on reproductive healthcare rights.
Among other provisions, Project 2025 calls for revoking the Food and Drug Administration’s approval of mifepristone, which would mean taking the abortion drug off the market, or barring that, reinstating restrictions on mifepristone, including requiring in-person dispensing and eliminating prescribing via telehealth.
It would exempt abortion from EMTALA, so that even treatments in the most dire emergencies could not include abortion. It would eliminate all federal funding for Planned Parenthood and “all other abortion providers,” and allow states to ban Planned Parenthood from their Medicaid programs.
Project 2025 also advocates removing Medicaid funding for states that require health insurance plans to cover abortion, as is the law for many health plans in California.
There are reasons to fear a second term for Trump. But few have such immediate life-or-death consequences as his policies on healthcare.
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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