Business
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CoreWeave stock wipeout exposes divide between AI fear and greed
CoreWeave Inc. has become caught in a tug of war between investors who see rising bond yields as a potential rally killer for the AI trade and those who think demand for computing power will make those concerns seem passe before long.
The cloud-computing services provider’s shares plunged 20% in the first three sessions of the week, including...Read more
US posts $1.99 trillion budget gap for 2026 on spending rise
The U.S. federal budget deficit widened to nearly $2 trillion for the 2026 fiscal year, serving as a fresh reminder of the scale of government borrowing needs and leaving the nation on track for a record high debt burden in coming years.
For the fiscal year through September, the deficit widened to $1.99 trillion, Treasury Department figures ...Read more
Redfin, Rocket hit with lawsuit over alleged breach of employee data
Real estate heavyweight Redfin and its parent company, Rocket, face a potential class-action lawsuit over allegations that a data breach exposed private information of current and former employees.
Frankie Moreno, a former Redfin employee, argues that a security lapse with the companies' computer systems has led to fraud, financial losses and ...Read more
Even with high gas prices, EV sales in California are flat
Despite soaring gasoline prices and the re-introduction of a statewide rebate program for zero-emission vehicles, sales of EVs and plug-in hybrids in California stalled in the third quarter of this year.
All-electrics accounted for a 17.3% share of new cars and pickup trucks sold in the California from July through September, down from 17.9% in...Read more
Improperly secured seats prompt Ford F-150 recall
Ford Motor Co. has issued a recall on thousands of 2025-27 F-150 pickup trucks after identifying improper securements for front-row seats to the vehicle.
There are 2,276 vehicles included in the recall, which is less than 1% of models, according to an advisory posted on the National Highway Traffic Safety Administration's website. The improper ...Read more
Auto review: 2026 Mercedes-AMGe53 plug-in hybrid wagon is fuel-efficient but also an unholy terror
While I was recently in Los Angeles, I had the chance to visit The Petersen Museum’s “100 Years of Mercedes” exhibit.
Sitting amongst Clark Gable’s 1956 300 Sc, Walt Disney’s 1964 230 SL roadster and Ferdinand Marcos’ armored 1984 500 SEL was what’s believed to be the only 1987 300 AMG “Hammer” wagon. Its 375 horsepower 6.0-...Read more
ECONOMETER: Is the Trump administration on the right path going after foreign worker programs?
The Trump administration recently suspended Microsoft, Adobe and other companies from a program that allows foreign workers to apply for green cards.
Such programs have frequently been targeted by some Trump supporters who argue they undercut American students and workers, said The Associated Press. Supporters say the programs allow the U.S. to...Read more
Henry Payne: King Porsche 911 Turbo S goes hybrid to keep its crown
HELL, Michigan — Destroying Hell’s twisted roads then cruising topless through Ann Arbor to pick up lunch. Blitzing the back straight at M1 Concourse at 130 mph. Schlepping to the airport on adaptive cruise control in bumper-to-bumper traffic. Just a typical 24 hours in the King of Supercars, the 2026 Porsche 911 Turbo S.
But it’s not ...Read more
Auto review: 2026 Ford F-150 Lobo hammers the exterior aesthetics perfectly
Ford makes the long haul and enters Grasso’s Garage with an aesthetically pleasing and proven F-150 Lobo edition pickup truck that is ready for all consumers.
With a 600-mile range on a full tank, our F-150 Lobo tester offered an upgraded 5.0-liter Coyote V-8 engine packed with 400 horsepower and 410 pound-feet of torque. Paired with a 10-...Read more
Expedia accused of inflating hotel prices in new lawsuit
Struggling to afford hotel prices? A new lawsuit alleges Expedia is jacking up costs across the board.
A proposed class-action lawsuit filed on Oct. 2 in the U.S. District Court for the Western District of Washington accuses the Seattle-based online travel agency of artificially inflating hotel rates by prohibiting hotels from offering lower ...Read more
Malibu's million-dollar mansions, burned by fire, face a new threat from El Niño
Duke’s Malibu has endured one disaster after another. The famed restaurant perched over the Pacific narrowly survived last year’s Palisades Fire, though smoke left it badly damaged. Five weeks later, a mudslide forced it to close for 13 months.
Last weekend, waves came crashing through its windows.
Workers scrambled to board up the ...Read more
Two class-action lawsuits filed against food delivery robot companies for biometric privacy violations
Food delivery robots have become a constant in some parts of Chicago, where they are frequently seen wobbling down sidewalks with takeout orders. But two recently filed lawsuits allege that the robots are also collecting information on their travels.
Class-action lawsuits filed last week against food delivery robot companies Coco and Serve ...Read more
EV owners, beware: El Niño flooding brings risk of serious battery fires
Damage from a week's worth of high surf and El Niño-related storms brought many warnings from officials. Beaches were closed. Homes were evacuated and red-tagged.
But one alert was targeted to a specific audience: owners of electric vehicles that were submerged by the flooding.
"If you notice smoke, hissing, popping or unusual heat, move ...Read more
Auto review: 2026 BMW M2 CS is a glorious waste of fuel, money and common sense
Thank goodness for BMW, which still builds cars for people who enjoy driving rather than merely enduring it. The 2026 BMW M2 CS is a compact, two-door sports coupe for those who adore BMW’s gloriously primitive idea of self-propelled progress: more power, less weight, and the lunatic notion that driving ought to be fun.
Making a car fast is ...Read more
Movie studio behind 'Cocaine Bear' is ready to break into data centers
The Atlanta film studio that produced Marvel’s “Loki” and “Cocaine Bear” is ready to break into the data center business, but it’s meeting resistance at every turn.
Shadowbox Studios, backed by private equity giant Silver Lake and hedge fund firm Commonwealth Asset Management, wants to construct an up-to-651-megawatt data center in ...Read more
Harvard fund hits record $68 billion after 27% annual return
Harvard University’s endowment jumped to a record $68 billion as successful bets on equities and venture capital including SpaceX holdings helped the richest U.S. college weather an unprecedented pressure campaign from President Donald Trump.
The fund returned 27% and donations rose to $1.5 billion, Harvard said Thursday in a financial ...Read more
Ford supplier cuts jobs in Michigan as some work sent to India
A Ford supplier in Sterling Heights, Michigan, filed a notice with the state that it's permanently laying off more than 150 people because some of the business is going to India, according to a source familiar with the automaker's plans.
Kern J.G. Enterprise Inc. filed the Worker Adjustment and Retraining Notification, citing "unforeseeable ...Read more
Detroit's Renaissance Center embroiled in dispute over what constitutes affordable housing
DETROIT — Developers of the proposed $2.2 billion Renaissance Center project are resisting calls for deeper affordable housing commitments, as Detroit residents press for lower rents and millions of dollars in housing assistance in exchange for public subsidies toward a reimagining of the iconic riverfront complex.
Nearly 200 apartments in ...Read more
NYC's iconic Plaza Hotel to close down for 4-year facade renovation
New York City’s iconic Plaza Hotel is closing for a four-year renovation of its historic facade.
The closure, which is set to begin in Jan. 2027, will accommodate repairs to the hotel’s landmarked exterior, ensuring guest safety and adhering to preservation requirements, Plaza management said in a statement Wednesday.
The hotel operators ...Read more
After nearly buying Warner Bros., Netflix is laying off 1,000 workers. What happened?
It was a crowning moment. Netflix appeared to have prevailed in an audacious$82.7 billion deal to scoop one of the industry’s most prestigious studios: Warner Bros. The move seemed to cement Netflix’s status as the ultimate Hollywood gate-crasher and its dominance as the leading new player in media.
Now, nearly a year later, the plotline ...Read more
Popular Stories
- Terry Savage: Your questions answered on Medicare open enrollment
- Auto review: 2026 BMW M2 CS is a glorious waste of fuel, money and common sense
- ICE's Operation Metro Surge cost Twin Cities a reported 32,000 jobs
- EV owners, beware: El Niño flooding brings risk of serious battery fires
- Movie studio behind 'Cocaine Bear' is ready to break into data centers









