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Fabrice Coffrini/AFP/Getty Images North America/TNS

Trump's feud with AI company Anthropic keeps heating up

Business / Business News /

Artificial intelligence company Anthropic and the Trump administration are sparring — yet again.

Over the weekend, tensions between the San Francisco company and the Trump administration flared up after the U.S. government ordered Anthropic to cut off foreign access to the company's most powerful AI systems.

The government's order poses a ...Read more

Chris Delmas/AFP/Getty Images North America/TNS

Yum to offload struggling Pizza Hut chain for $2.7 billion

Business / Business News /

Yum! Brands Inc. is selling its struggling Pizza Hut division for $2.7 billion, allowing the restaurant operator to focus on its better-performing KFC and Taco Bell chains.

Private equity firm LongRange Capital will acquire Pizza Hut excluding China for $1.5 billion, Yum said in a statement Tuesday. Yum China Holdings Inc. will buy the rest of ...Read more

L.E. Baskow/Las Vegas Review-Journal/TNS

Nevada is America's fastest-growing state, report says

Business / Business News /

Nevada’s population has grown more percentagewise than any other state in the country from 1970 through 2025, according to a new report.

The Visual Capitalist study, which used U.S. Census Bureau data, has Nevada growing a whopping 572 percent over 55 years, beating out Arizona (329 percent), Florida (246 percent) and Utah (234 percent). The ...Read more

Jose M. Osorio/Chicago Tribune/TNS

Uber, Lyft accused of charging different fees for the same rides at the same time

Business / Business News /

Uber and Lyft charge different prices for the same routes booked at roughly the same time, says a leading consumer group.

An investigation by Consumer Reports found that fares on the same route varied by as much as 163% in price in a way that goes beyond dynamic pricing, which is when fares fluctuate based on supply, demand and other market ...Read more

Clarence Tabb Jr./The Detroit News/TNS

UAW's Shawn Fain warns of AI threat: 'We are in a fight for humanity'

Business / Business News /

DETROIT — United Auto Workers President Shawn Fain on Tuesday called artificial intelligence and humanoid robots a "profound threat" that imperil more than just jobs.

"We need to be clear about this: We are in a fight for humanity," the labor leader told UAW members gathered at the union's quadrennial constitutional convention at Huntington ...Read more

GOOGLE/TNS

Google rolls out Android 17; major AI features to follow this summer

Business / Business News /

Alphabet Inc.’s Google has begun rolling out Android 17, the latest major update to its popular mobile operating system, though some of its marquee artificial intelligence features will not arrive for another few months.

The initial wave of enhancements will roll out first to Google’s Pixel devices, with other hardware brands to follow over...Read more

General Motors Co./General Motors Co./TNS

GM partners with top US defense manufacturer Lockheed Martin

Business / Business News /

General Motors Co. is teaming up with Lockheed Martin as the top U.S. defense manufacturer works to triple or quadruple production in the next several years.

No specific projects or contracts have been finalized yet, officials from subsidiary GM Defense and Lockheed told reporters before announcing the formal partnership Tuesday at The ...Read more

Alejandro A. Alvarez/The Philadelphia Inquirer/TNS

Whole Foods workers in Philadelphia voted to join a union in 2025. They just cleared their latest hurdle

Business / Business News /

Philadelphia Whole Foods workers cleared a major hurdle in their unionizing efforts this week, paving the way to negotiating their first union contract.

Workers at the 2101 Pennsylvania Ave. store voted last year to join UFCW local 1776, becoming the first group within the Amazon-owned Whole Foods chain to unionize. But they have been caught in...Read more

Julia Demaree Nikhinson/Getty Images North America/TNS

Michael Hiltzik: Small investors have powered SpaceX higher, but they'll shoulder much of the risk when reality bites

Business / Business News /

In the second trading day as a public company, SpaceX's initial public offering still was being treated as an extraordinary event in Wall Street history:

The largest IPO ever, creating the first trillionaire in Elon Musk, its boss, and bringing the company's market value to $2.28 trillion.

On Monday, the stock gained 19.6% on top of its first-...Read more

Jerod Harris/Getty Images North America/TNS

This startup was supposed to revolutionize California's wine industry: 'It totally failed'

Business / Business News /

Just two years ago, Monarch Tractor was worth half a billion dollars and ready to shake up the wine industry. In April, it shut its headquarters, laid off its employees and sold its technology to a competitor.

The wine-country startup wanted to revolutionize the cultivation of grapes and other fruit with $100,000 robotractors, but the ...Read more

Henry Payne, The Detroit News/The Detroit News/TNS

How Audi is navigating busy US ICE, EV and tariff morass

Business / Business News /

SAN LUIS OBISPO, California — Audi is a canary in the coal mine.

The German luxury maker this week introduced the three-row Q7, the latest in a gas-fed, 2026 SUV assault on the U.S. market with three powerful new models including the entry-level Q3 subcompact SUV and a palatial, three-row flagship Q9, its first entry in the full-size segment....Read more

ALEJANDRO A. ALVAREZ/The Philadelphia Inquirer/TNS

Philadelphia women make 89 cents for every dollar men make, new report finds

Business / Business News /

Women working in Philadelphia continue to make less than their male counterparts, according to a new report from the Forum of Executive Women.

While the gender pay gap in the city narrowed between 2015 and 2024, women in the local workforce still earn on average about 89 cents for every dollar men make, according to the organization’s annual ...Read more

Shari L. Gross/Star Tribune/TNS

Retailers are making billions selling ads, not just products

Business / Business News /

For decades, retailers made money the old-fashioned way: buying merchandise and selling it for more than they paid.

Now, some of the industry’s biggest players are finding a lucrative business beyond the products on their shelves.

Retailers increasingly see themselves not just as sellers of goods but as media companies, using the data ...Read more

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Truist names outsider as new CEO. The executive had a key role at Bank of America

Business / Business News /

Truist bank named a new president and CEO Monday: Michael Lyons, effective Sept. 1. He will replace Bill Rogers, who will become executive chair when Lyons takes over as part of Truist’s leadership succession strategy.

Rogers, 68, will serve as executive chair until his planned retirement in April 2027. Lyons, 55, will become just the third ...Read more

Joe Raedle/Getty Images North America/TNS

SpaceX surges 20% in second day to add $412 billion in value

Business / Business News /

SpaceX shares jumped in their second day of trading, adding to gains following a blockbuster debut that instantly vaulted it into the ranks of the world’s most valuable public companies.

The stock climbed 20%, extending Friday’s 19% rally, to add $412 billion in market value. Shares closed at $192.46 on Monday, more than 42% above their $...Read more

Antonio Perez/Chicago Tribune/TNS

Thousands of public-school staff across US face layoff warnings

Business / Business News /

Thousands of U.S. public-school employees have received warnings saying they could lose their jobs as the nation’s education system grapples with mounting financial pressures.

Reductions have been looming for months, in what some officials say is the biggest such wave in more than a decade. Leaders at seven of the nation’s 10 largest school...Read more

Luke Ramseth/The Detroit News/TNS

UAW constitutional convention opens with closed business proceedings

Business / Business News /

DETROIT — The United Auto Workers' 39th quadrennial constitutional convention kicked off Monday, though business proceedings were completely closed to members of media — unlike four years ago.

The convention is a pivotal time for the Detroit-based union. Delegates from each union local debate and vote whether to make amendments to the ...Read more

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Nevada gaming regulators ask judge to find Kalshi in contempt of court

Business / Business News /

The Nevada Gaming Control Board has asked a Carson City judge to find a popular prediction market in contempt of court for ignoring a court order effectively banning it from operating within the state.

The board on Friday petitioned the First Judicial District Court to find KalshiEx LLC in contempt for not complying with a May 18 court order to...Read more

Richard Tsong-Taatarii/The Minnesota Star Tribune/TNS

Target names Isaac Mizrahi to design role

Business / Business News /

Target is bringing back a familiar fashion name as it looks to sharpen its focus on style and design.

The Minneapolis-based retailer said Monday that designer Isaac Mizrahi will become its first creative director at large, a newly created role aimed at strengthening Target’s reputation as a destination for affordable design.

With Mizrahi, ...Read more

Joe Raedle/Getty Images North America/TNS

A record number of Miamians can't make ends meet. Why that's a risk for everyone

Business / Business News /

A record number of Miami-Dade families are living paycheck to paycheck, a new report has found.

North of a half-million county households — 563,947 to be exact — are struggling to make ends meet, according to new data from United Way. That’s 56% of all Miami-Dade households, a two-percentage-point increase from last year and the highest ...Read more