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AI company Anthropic files to list shares, heating up race with OpenAI

Business / Business News /

Anthropic, the company behind the powerful artificial intelligence chatbot Claude, has filed to go public, the company said Monday.

The development comes days after the company raised $65 billion, valuing it at $965 billion.

The company, founded in 2021 by a breakaway faction from OpenAI, was viewed as an upstart that tailored its chatbots to ...Read more

Lionel Bonaventure/AFP/Getty Images North America/TNS

Florida sues Open AI, Sam Altman: 'They have chosen profit over public safety'

Business / Business News /

Florida on Monday launched an unprecedented legal assault on the artificial intelligence giant OpenAI, suing the company and CEO Sam Altman in a sweeping lawsuit that portrays ChatGPT as a product deliberately designed to foster emotional dependence, collect sensitive personal information and keep users engaged regardless of the consequences.

...Read more

Robin Buckson/The Detroit News/TNS

UAW strike hits GM truck supplier American Axle

Business / Business News /

Nearly 1,000 United Auto Workers-represented employees of American Axle/Dauch Corp. went on strike Monday at the supplier's Three Rivers, Michigan, factory after the union and company failed to reach a new contract deal.

Members of UAW Local 2093 hit the picket line just after midnight with more workers scheduled to join later Monday at the ...Read more

Katy Kildee/The Detroit News/TNS

Ford rolls out service marketing campaign as US vehicle age climbs

Business / Business News /

Ford Motor Co. for the first times in years is launching a comprehensive marketing campaign for parts and service as the average age of a vehicle on the road nears 13 years, and the automaker seeks to increase revenue share from the aftermarket.

The "Real Parts. Real Pros. Real Easy." promotion launched Monday on streaming TV, social media and ...Read more

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

Billionaire media mogul's company offers to buy MGM Resorts in $18B deal

Business / Business News /

Less than a week after a multibillion-dollar deal for one of the country’s largest casino operators was announced, another gambling giant could soon be acquired.

Billionaire media mogul Barry Diller’s People Inc. is presenting an $18 billion offer to buy MGM Resorts International. The proposed transaction, which includes assuming MGM’s ...Read more

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Nvidia is taking on Intel and AMD with new AI chip for computers

Business / Business News /

Nvidia Corp. is entering the PC market with a new chip aimed at loosening the stranglehold of Intel Corp. technology in that arena and modernizing the machines for the AI era.

Starting this fall, Nvidia’s new RTX Spark Superchip will debut in laptop and desktop computers from leading PC brands including Dell Technologies Inc. and Lenovo Group...Read more

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Javier Blas: An LNG glut is on its way

Business / Business News /

Get ready for a glut of liquefied natural gas.

It may sound counterintuitive. After all, the Strait of Hormuz remains blocked. The world’s largest LNG plant is idled and Qatar says repairing it will take at least three years. And yet, the contours of a long-term surplus are already starting to emerge.

The outlook for LNG prices is crucial in...Read more

Alexandra Wimley/Pittsburgh Post-Gazette/TNS

'Am I mommy or boss?': Families in business together make it work

Business / Business News /

PITTSBURGH — Of all the foundational relationships in life, perhaps none is more special — and complex — than the one between mother and child.

In addition to teaching life lessons about kindness and self-reliance, a mother’s love shapes a son or daughter into compassionate, empathetic individuals who know right from wrong, good from ...Read more

Aaron Lavinsky/Minnesota Star Tribune/TNS

Executives at Solventum commute to Minnesota by plane. A shareholder wants to change that

Business / Business News /

Most or all of Solventum’s top leadership team, including CEO Bryan Hanson, live out of state, and one of its major shareholders is fighting the company over it.

“We have never seen a situation like this where an entire C-suite is effectively remote,” the investor, Trian Fund Management, wrote in an open letter to the board in April. “...Read more

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Blue Origin rocket explosion rattles Jeff Bezos's firm, Amazon and NASA

Business / Business News /

Blue Origin experienced a fiery setback Thursday when its New Glenn rocket exploded on the launchpad in Cape Canaveral, Florida.

The Kent, Washington-based company, started by Amazon founder Jeff Bezos, was testing its rocket before its next planned launch, which was slotted to place 48 satellites for Amazon’s broadband venture, Leo. That ...Read more

Kevin Clark/Seattle Times/TNS

How safe is air travel, really? Less risky than diving and marathons

Business / Business News /

If you’re worried about flying on an airplane, you’ve probably heard this statistic before: Flying in a plane is safer than driving in a car.

But you may not have heard these: The risk of fatal injury during a commercial flight in the U.S. is significantly lower than the risk associated with scuba diving, running a marathon or even drowning...Read more

Aubrey Gemignani/NASA/TNS

General Motors to make batteries for NASA's new manned moon rover

Business / Business News /

General Motors Co. will help develop batteries for new manned rovers to be driven by NASA astronauts on the moon.

NASA awarded private space startup Lunar Outpost $220 million on Tuesday to build the Pegasus vehicle with help from GM, Goodyear Tire & Rubber Co. and tech company Leidos.

NASA plans for astronauts to drive the rover on the moon ...Read more

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Patagonia trademark lawsuit triggers backlash from drag queen Pattie Gonia

Business / Business News /

Drag queen Pattie Gonia is asking fans for help fighting Patagonia, the popular outdoor apparel and gear company, which has sued the outspoken environmental activist for trademark infringement.

The Ventura-based company filed a lawsuit in Los Angeles federal court in January after the environmentalist drag queen submitted an application for the...Read more

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Meta to slash thousands more Bay Area jobs

Business / Business News /

MENLO PARK, California — Meta Platforms revealed a decision to slash thousands more jobs in the Bay Area, primarily at the company’s South Bay headquarters, a new batch of official filings with the state labor agency shows.

The owner of the Facebook app reported it will eliminate 2,212 jobs in Menlo Park and 313 in Sunnyvale, according to ...Read more

Mike Siegel/Seattle Times/TNS

Alaska Airlines faces fine for allegedly boarding intoxicated passengers

Business / Business News /

Alaska Airlines may face a $165,000 fine for allegedly allowing intoxicated passengers to board its planes.

The Federal Aviation Administration has proposed the fine following incidents on 11 flights between February 2024 and February 2025, according to an FAA statement posted Tuesday. The regulator prohibits airlines from allowing anyone who ...Read more

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General Motors' Tech Center still future-focused after 70 years

Business / Business News /

Seventy years after the opening of the General Motors Technical Center in Metro Detroit, company President Mark Reuss says GM's "nerve center" plays an even greater role at the automaker now.

Roughly 25,000 people are currently employed there — the most of any white-collar GM site despite a series of layoffs — as part of an intentional ...Read more

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Auto review: Impossible to ignore, hard to explain: the 2026 Toyota Crown

Business / Business News /

If the 2026 Toyota Crown sedan proves anything, it’s that when it comes to design, Toyota buyers will tolerate absolutely anything as long as it starts every morning and doesn’t frighten their accountant. The old Avalon may have been dull, but at least it looked like a proper flagship sedan. Its replacement, the Crown, looks like a design ...Read more

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'Facing an existential threat': How Uber is navigating clashes with trial attorneys, assault lawsuits and competition

Business / Business News /

Eighteen years ago, two computer engineers said to be frustrated by their experience ordering a taxi in Paris hatched a wild idea: a mobile app that would allow users to hail a ride from their smartphones.

Their startup, known as Uber, initially clawed its way to success with a growth-at-all-costs strategy that sometimes involved operating ...Read more

Henry Payne/The Detroit News/TNS

Auto review: In the Cadillac Escalade, there's always a button for that

Business / Business News /

STERLING HEIGHTS, Michigan — With 420 horsepower and a satisfying roar, the 6.2-liter pushrod V-8 engine under the hood of my 2026 Cadillac Escalade Platinum Sport tester would usually be my obsession.

But eight is a trivial number in the Platinum Sport model.

What has my attention in the Platinum Sport are the dozens of buttons that operate...Read more

Marc Grasso/Boston Herald/TNS

Auto review: 2026 Toyota Tundra TRD Pro conquers … everything

Business / Business News /

Wrapped in Wave Maker blue paint, the redesigned 2026 Toyota Tundra is here in Grasso’s Garage.

Our weeklong tester, a 2026 Hybrid TRD Pro 4×4, was terrific. We noticed excellent comfort, great exterior appeal, and tons of utility — just a few reasons the 2026 Tundra satisfies consumers.

Powering our 2026 Tundra TRD-Pro tester was an i-...Read more