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With $650 million commitment, Pfizer fuels fast business growth in eastern CT
Furthering eastern Connecticut’s status as a revived economic powerhouse, Pfizer this week announced plans for a $650 million manufacturing technology center in Groton.
The project comes as U.S. Boat’s extraordinary growth adds thousands of jobs along the coastline and Uline prepares for a Nov. 14 hiring fair at its new 1.2-million-square-...Read more
False statements by Nvidia and its CEO Jensen Huang about alleged Chinese honeypot spy hurt stock price, investor lawsuit claims
As an eye-popping scandal involving an alleged Chinese honeypot spy and a high-profile CEO roils Silicon Valley’s second-most-valuable company, an investor filed a lawsuit Monday claiming the company, Nvidia, and the CEO, Jensen Huang, made false statements that devastated its stock price.
Revelations that Huang, whose Santa Clara company ...Read more
Stellantis signs deal to sell Canadian plant; union isn't happy
The maker of Chrysler, Dodge and Jeep on Monday said it has signed an agreement to sell its idled assembly plant outside Toronto to a Canada-based defense manufacturer — a move the the Canadian autoworkers union called a "betrayal."
The sale of Brampton Assembly Plant to Roshel for an undisclosed amount comes amid negotiations between ...Read more
SpaceX plans $24 billion data center and gas plant in Texas
SpaceX plans to construct, own and operate a gas-fired power plant and super-compute facility at its company town in Starbase, Texas, according to a notice of a public hearing on the city’s website.
The estimated investment for the initial phase of the project is $24 billion. The city commissioner will consider the approval of a tax abatement...Read more
Honda to spend $3 billion on new hybrid car plant in Ohio
Honda Motor Co. plans to build a $3 billion factory in central Ohio to manufacture its next-generation hybrids, boosting its output capacity for the popular vehicles.
The Japanese automaker announced on Monday the new plant will start production in 2029 and expand its output by 240,000 vehicles a year. Honda has been mulling over the decision ...Read more
Skydance looks to cut more than $6 billion as it integrates Warner Bros. operations
David Ellison's Skydance Corp. is setting the stage for big changes in 2027.
Since Skydance closed its $111 billion deal for Warner Bros. Discovery last month, Ellison's team has been scouring the vast Skydance portfolio for cuts and efficiencies as executives work to integrate the operations of the two legacy entertainment companies in the ...Read more
Exploding windows land Minnesota company in court
Philadelphia’s glass-faced Riverwalk apartment towers offer an infinity pool, hardwood floors and an on-site Starbucks. One unadvertised feature surprised residents: windows that can spontaneously explode.
Now the buildings’ owner is suing its Bloomington, Minnesota-based window provider, Apogee Enterprises. The lawsuit says the windows ...Read more
Runway taxi times at O'Hare airport among worst in nation
Chicago can look tantalizing from the window of an airplane on its descent into O’Hare International Airport.
But much to the chagrin of air travelers who might glimpse the city’s skyline rising over Lake Michigan on their way in, touching down at O’Hare isn’t exactly the same as arriving. That’s because taxi times at the airport are ...Read more
Boeing retirees 'shocked' by 400% jump in health insurance premiums
Christopher McMahon is thinking about going back to work.
The 65-year-old retired from Boeing in 2022 after over three decades in the company's Seattle-area offices. But the spiking cost of health insurance has him considering whether to get a part-time job.
McMahon, who lives in Des Moines, Washington, is enrolled in an Aetna Medicare ...Read more
SoCal's El Pollo Loco says it's found a sweet spot for concerned consumers
Fast food has struggled, but Southern California's grilled-chicken contender, El Pollo Loco, says it is expanding after finding a sweet spot for cost-conscious consumers.
Many consider the Costa Mesa-based chain's flame-grilled chicken a step above offerings from giants like McDonald's and Wendy's but still more affordable than pricier options ...Read more
Closures signal ills for Michigan's independent pharmacies
HAZEL PARK, Michigan — One recent day, Matt Marinco filled a prescription for a patient's diabetes medication and lost nearly $133 on the transaction. The two-month supply cost the pharmacy $1,933.32, but insurance reimbursement totaled just $1,800.40.
“Those losses are unsustainable,” said Marinco, pharmacist in charge at his family's ...Read more
As diesel prices soar, truckers struggle while keeping America moving
BREEZEWOOD, Pennsylvania — The asphalt prairie-sized TravelCenters of America truck stop here is an oasis for truckers, featuring a hot dog roller grill crowded with wieners, shelves of spam, Sriracha, the rooster-labeled hot sauce, and jumbo bags of cheese curls.
The big concern lately has been the price of diesel fuel — $6.79 a gallon, up...Read more
Boeing will cut 5% of its commercial airplane workforce
Boeing is trimming its workforce by about 5% and slowing its commercial airplane production ramp up, the head of Boeing Commercial Airplanes Stephanie Pope told employees Monday.
The 5% workforce reduction will be a combination of layoffs and attrition, Pope said in the employee email, which was shared with The Seattle Times.
It’s not clear ...Read more
IBM unveils its first quantum computer in Illinois at Hyde Park Labs
CHICAGO — IBM unveiled its first quantum computer in Illinois Friday at Hyde Park Labs, ushering in an era of potentially transformative technological advancement, with Chicago at the center of development.
Initially installed at the University of Chicago’s commercial research and development facility, the IBM Quantum System Two will ...Read more
Seattle lawsuit alleges airlines shared fare data, inflating prices
The nation’s largest airlines are in hot water for allegedly sharing nonpublic fare information with one another, consequently suppressing competition and artificially raising ticket prices.
A proposed class action lawsuit filed by two travelers on Wednesday in federal district court in Seattle accused seven major airlines, as well as data ...Read more
No one wanted this Long Beach home until waves crashed into its living room
Andy Carter's latest listing on the Long Beach peninsula has it all: four stories, ocean views, even a private elevator. But when the house hit the market for $4.95 million in August, it couldn't find a buyer.
Turns out, the missing piece was a red tag deeming it unsafe for occupancy.
After Tropical Storm Rachel battered the oceanfront home in...Read more
Royal Caribbean continues to cancel Labadee, Haiti as a cruise stop for passengers
MIAMI — Royal Caribbean will not be returning to Haiti anytime soon.
The Miami-based cruise line, which last brought passengers to its private beach destination in the northern region of Haiti in 2024, is once again extending its pause on visits off the coast of Labadee.
The company had previously announced that it was suspending calls at ...Read more
Amazon ditches Grubhub for Uber Eats partnership
Amazon has swapped its partnership with Grubhub, a distant third in the food delivery marketplace, for a similar arrangement with Uber Eats in a deal announced Thursday.
Amazon Prime members can now order food from Uber Eats directly through Amazon and pay no delivery fee on restaurant orders of $25 or more.
The deal with San Francisco-based ...Read more
Econometer: Is it politically possible to change California's condo defect laws?
A lot of housing reforms have passed in California over the past five years, but the one that seems hardest to pull off is any change to the state’s condominium laws.
The state has a strict condo defect law designed to protect buyers, but it has put a chill on the condo construction market since its passage in 2002. Consumer advocate groups ...Read more
'They come in droves': How robotaxis hog EV chargers in one corner of Southern California
San Diego resident José Manjarrés has a robot problem in his neighborhood.
When he goes to charge his Ford Mustang Mach-E, he increasingly finds the charging stations are already occupied by robotaxis. Last month, he had to wait an hour for his turn as driverless Waymos filled up.
"It becomes really annoying when you see three Waymos in a ...Read more
Popular Stories
- Boeing will cut 5% of its commercial airplane workforce
- Closures signal ills for Michigan's independent pharmacies
- Boeing retirees 'shocked' by 400% jump in health insurance premiums
- As diesel prices soar, truckers struggle while keeping America moving
- SoCal's El Pollo Loco says it's found a sweet spot for concerned consumers









