Business
/ArcaMax
Chicago grocers are severely affected by reductions to SNAP: 'We need to bail out this industry'
CHICAGO -- From a small window in his front office, Dimitrios Drossos, second-generation owner of Fresh Market Place on the Northwest Side of Chicago, has a direct view of the checkout lanes, where more and more often he’s watching customers nervously hesitate over their carts, deciding at the last moment to hand back a single avocado or a ...Read more
Auto review: Last dance with the terrific Toyota GR Supra
BAY CITY, Michigan — Call it the Batmobile. The stealth fighter. The Black Widow.
Or, in long hand, the matte-black 2026 Toyota GR Supra MkV Final Edition. It’s the last hurrah for one of the most engaging, recognized, awarded sports cars in the U.S. market. My Final Edition tester was a paparazzi magnet on a weekend up north. In Charlevoix...Read more
How do you make money on Roblox? This Las Vegas startup built an empire
At 20 years old, Alex Hicks faced a problem most college students never encounter: The online games he was creating were generating six figures in revenue every month.
So he dropped out.
Today, Hicks is a co-founder of Twin Atlas, a Las Vegas-based game studio with roughly 110 employees that develops some of the most-played experiences on ...Read more
Auto review: Everything you need to know about Jeep's new hybrid SUV
The Jeep Cherokee has been around since 1974, having survived disco, malaise-era Detroit, Japanese imports, German accountants, two fuel crises, the SUV boom, the crossover SUV plague, and several corporate mergers whose chief product appeared to be PowerPoint presentations. If the Cherokee were a person, it would own several windbreakers, ...Read more
Rocket touts market share gains in purchase, refinance as profit rises
Rocket Companies posted second-quarter net income of $229 million on net revenue of $2.78 billion, up from net income of $34 million on revenue of $1.45 billion during the same period a year ago, the parent company of mortgage lending giant Rocket Mortgage reported Thursday.
The Detroit-based fintech platform company reported adjusted revenue ...Read more
Spirit's collapse hits businesses in Detroit Metro's Evans Terminal
ROMULUS, Michigan — David Ogloza had a front-row seat when Spirit Airlines suddenly shut down, removing a key source of customer traffic for his confectionary shop in the Warren Evans Terminal at Detroit Metro Airport.
Nearly 40% of the 4.5 million travelers who passed through the terminal last year flew on the budget carrier's yellow jets, ...Read more
WK Kellogg Co. speeds up removal of artificial colors from cereals
WK Kellogg Co. says it will eliminate artificial colors from its entire cereal portfolio by the end of 2026, a year ahead of its original schedule.
The Battle Creek, Michigan-based company said Thursday in a news release that production of cereals with new recipes, including Froot Loops and Apple Jacks, will begin later this year, with product ...Read more
Study: All the ways San Diego homeownership is cheaper than other US cities
If you take away the substantial purchase price of a San Diego home, a new study claims that the rest of the cost associated with owning a home here is less than many cities.
An index from the University of San Diego, which launched in April, says the overall cost of owning a home in the county is lower than many areas in terms of energy bills,...Read more
OpenAI models joined forces months ahead of Hugging Face hack
OpenAI said the artificial intelligence models behind an attack on Hugging Face Inc. began communicating with each other through undetected message boards, working together to break out of their testing environment as early as May.
Multiple internal-only agents and AI models spent months leaving notes for each other and coalescing around the ...Read more
OpenAI asks judge to toss Apple's trade secrets lawsuit
OpenAI is asking a federal judge to dismiss a lawsuit filed by Apple Inc. accusing the artificial intelligence company of stealing trade secrets, saying that the iPhone maker’s allegations are meritless.
Lawyers for OpenAI said that Apple’s suit falsely portrays the actions of the startup’s employees. The ChatGPT maker’s top hardware ...Read more
Warsh's faith in markets sidelines more nuanced Fed policy tools
Kevin Warsh’s embrace of financial markets to help the Federal Reserve do its job would mean trading more precise policy tools for a blunt instrument.
It can work, but it’s an inefficient way to bring down too-high inflation and comes with trade-offs, economists and former officials say.
Central bankers typically use their benchmark ...Read more
Ford reveals name, pricing of upcoming electric midsize truck
The Ford Fathom will be Ford Motor Co.'s first vehicle built on its new Universal Electric Vehicle Platform — a midsize truck that'll start at $28,350 plus $1,595 destination and come with a standard-range battery.
It's not a heritage name like Bronco or Maverick from deep in the 123-year-old automaker's archives. But perhaps that's the point...Read more
Portillo's lays off 18% of corporate employees amid sluggish same-store sales
With food costs rising and same-store sales falling, Portillo’s executed a round of corporate layoffs last week, trimming 18% of its Oak Brook, Illinois-based workforce.
The iconic Chicago hot dog-and-beef chain announced the downsizing during a second quarter earnings call Wednesday as it continues to search for the recipe to catalyze growth...Read more
San Diego man sues Amazon over severe burn injuries from tabletop fire pit
A San Diego man who was severely burned last year while refueling a small tabletop fire pit with rubbing alcohol has sued Amazon and the companies that made the device, alleging the manufacturers and the online retail giant sold the ethanol-burning fire pit despite knowing it was a “defective and hazardous product known to have caused numerous...Read more
FCC votes in favor of lifting limits on TV station ownership
The Federal Communications Commission voted 2-1 in favor of allowing TV station ownership groups to own more outlets, easing the way for more consolidation.
The Thursday vote that favored the change means companies can own local stations that cover more than 39% of the U.S. They could also own more than two stations in a single market.
The ...Read more
Warner Bros. Discovery earnings tumble amid film studio struggles
Warner Bros. Discovery stumbled in the second quarter, demonstrating the hazard of depending heavily on blockbuster returns from its Burbank film studio.
Disappointing performances by "Supergirl" and "The Bride!," drove down quarterly theatrical revenue by 46%. The tepid showing illustrated how the Warner Bros. studio has fallen since last year...Read more
2026 FIFA World Cup gives a major revenue boost to Fox Corp.
The 2026 FIFA Men's World Cup delivered record audience levels for Fox and it showed up on the balance sheet.
Fox Corporation reported revenues of $4.12 billion for the three months ending June 30, an increase of 28% over the same quarter last year and well ahead of estimates from Wall Street analysts. Adjusted earnings per share were $1.79, ...Read more
Chicago high-rise powered by geothermal could set new standard for development
One of Chicago’s first all-electric, geothermal-powered residential high-rises is taking shape in Fulton Market.
The 33-story apartment project at 410 N. Elizabeth St. could set a new standard for Chicago development, perhaps proving that massive new high-rises can drastically reduce reliance on fossil fuels, cut carbon emissions and reduce ...Read more
Boeing, SPEEA contract offers nearly 29% pay bump
Boeing is offering its professional aerospace union workers a 28.5% wage increase over the length of the next four-year contract, according to details of the tentative agreement shared Wednesday.
Boeing began negotiations with its white-collar union — the Society of Professional Engineering Employees in Aerospace, or SPEEA — at the start of...Read more
British authorities approve Paramount's Warner Bros. deal
British regulators on Thursday cleared tech scion David Ellison's $111 billion deal to buy Warner Bros. Discovery — the latest international agency to find the blockbuster combination of TV channels and historic film studios wouldn't dampen competition.
Britain's Competition and Markets Authority and the government's culture minister ...Read more
Popular Stories
- How Nike insiders were charged with conspiring to steal millions of dollars' worth of sneakers
- Commercials for the ESPN/ABC telecast of the 2027 Super Bowl at SoFi are sold out
- Disneyland's costumed characters make family memories. Disney's contract proposal doesn't have paid parental leave
- 'It's not like I'm painting a tiger on my house': Hollywood's Sunset Square squabbles over its historic preservation rules
- Family's home lost to foreclosure sits empty in legal limbo: 'The system feels like gangsters'









