Business
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Apple names next CEO; Tim Cook to become chairman
Apple, one of the world’s most valuable companies, is getting a new chief executive, marking a new chapter in the story of what has become arguably the most influential company in consumer technology.
The Cupertino smartphone maker said Monday that John Ternus, senior vice president of Hardware Engineering, will become Apple’s next chief ...Read more
Tariff refunds are coming, but who will benefit?
Seattle-based importers hit by unprecedented tariffs may see some relief soon — but it is unlikely to trickle down to small businesses and consumers.
U.S. Customs and Border Protection launched a portal Monday to refund tariffs set by President Donald Trump last April directly to the businesses that paid them. The move comes after the U.S. ...Read more
Spirit floats government stake to avoid possible liquidation
Spirit Aviation Holdings Inc. has floated offering the U.S. government an equity stake in the discount carrier to help stave off its potential liquidation, according to people familiar with the matter.
The airline is seeking an infusion of cash from the U.S. government during a spike in jet fuel prices, said the people, who asked not to be ...Read more
Target revamps grocery strategy as more customers opt for budget or premium chains
More grocery shoppers are picking a side: trading down to bargain chains or trading up to higher-end grocers, leaving middle-market retailers like Target with less room to compete.
In the Twin Cities and across the country, the industry’s growth continues to concentrate at opposite ends of the market.
“You look at the overall grocery ...Read more
'We've lost our way': Clifton's operator gives up on downtown Los Angeles
LOS ANGELES — The proprietor of Los Angeles' legendary Clifton's has given up on reopening the shuttered venue.
It's just too difficult to do business in downtown's historic core, he says.
Andrew Meieran bought Clifton's on Broadway in 2010 and poured more than $14 million into repairs, renovations and upgrades, adding additional bar and ...Read more
Billionaire investor warns sports prediction markets harm men
John Arnold, the billionaire energy trader-turned-philanthropist, made his fortune by predicting the direction of markets. Now, he’s sounding the alarm on fast-growing prediction markets, saying they’re harmful to young men and boys.
His concern lies in how platforms for sports-event contracts and online betting more broadly are designed to...Read more
California attorney general says Amazon pressured Levi's, other retailers to hike prices
Amazon wanted to sell Levi's Easy Khaki Classic pants for $29.99, but Walmart had lowered the price, and the giant online retailer had matched it at $25.47 to $26.99.
So Amazon contacted Levi Strauss about two "styles of concern," asking the San Francisco apparel company to convince Walmart to raise its price, according to a document filed ...Read more
California's gas prices push Uber and Lyft drivers off the road
LOS ANGELES — The highest gas prices in the country are making it tougher for some gig drivers to make a living.
Gas prices have shot up amid the war in the Middle East. On average, California gas prices are the most expensive in the United States, according to data from the American Automobile Assn. The average price of regular gas in ...Read more
The state of women's finances: How homeownership is becoming the great equalizer
Finance is different for everyone. We all inhabit our own money realities: white people and people of color, Gen Z and baby boomers, high earners and those with lower incomes.
Women live in their own financial reality, too. One where the gender pay gap is a force holding back their progress, seeping into every aspect of their financial well-...Read more
Judge blocks Nexstar-Tegna deal, throwing $6.2 billion merger into doubt
A federal judge has blocked Nexstar Media Group's $6.2-billion acquisition of its rival, upending the already consummated union of the nation's two largest television station groups.
U.S. District Court Chief Judge Troy L. Nunley on Friday issued a preliminary injunction that forbids Nexstar, which owns KTLA-TV in Los Angeles, and its takeover...Read more
Anthropic, Trump officials meet to discuss Mythos access
The White House said a meeting Friday with Anthropic PBC Chief Executive Officer Dario Amodei was “productive and constructive” as the Trump administration seeks wider access to the company’s powerful new Mythos artificial intelligence model.
The White House said opportunities for collaboration and for addressing the challenges from ...Read more
Local governments push for changes to California's zero-emission vehicle plan
Daniel Corcoran runs a water agency spread across the Sierra foothills, and doesn’t think it’s realistic to replace his specialized trucks with all-electric ones.
That puts him at odds with California regulators’ proposed requirement that 50% of new heavy-duty vehicle purchased until 2030 be zero-emission vehicles. After that, 100% would ...Read more
Federal agents search 20 Twin Cities retailers accused of SNAP fraud
Federal agents visited 20 retailers in the Twin Cities on April 16 with search warrants related to suspected food assistance fraud.
The U.S. Department of Agriculture Office of Inspector General said several federal agencies collaborated to identify stores engaging in “SNAP trafficking” — trading SNAP benefits for cash or ineligible items...Read more
Elon Musk calls for government cash to counter AI job losses
Elon Musk is calling for the government to guarantee “Universal HIGH INCOME” for Americans to offset looming job losses caused by artificial intelligence.
Adopting what is usually considered a progressive stance, the world’s richest man said Uncle Sam should write fat checks to Americans to keep us living large even if platforms like Chat...Read more
Daniel Howes: Ford's Farley warns against China entry into US auto market
Ford Motor Co. CEO Jim Farley took to Fox & Friends this week to voice a fundamental tension inside the Dearborn automaker: namely, touting its commanding position in the United States thanks to its F-Series trucks versus warning of the looming Chinese threat to it all.
Allowing Chinese automakers into the rich U.S. market would be “...Read more
Target offering exclusive merch for Pokémon's 30th anniversary
As millennial parents pass down their love of Pokémon to a new generation of fans, Target is lining up an exclusive collection to capitalize on the enduring phenomenon that is celebrating its 30th anniversary this year.
On May 2, Target is releasing a limited-edition set of clothing, accessories, toys and other goodies designed with input from...Read more
Is Starbucks breaking up with Seattle?
On Washington Gov. Bob Ferguson’s public calendar this week, one item might have stood out to Seattleites: a Wednesday meeting with Starbucks CEO Brian Niccol.
Ferguson’s office declined to share the agenda, but it almost certainly included Starbucks’ big new office in Nashville, Tennessee, where taxes are lower and where the Seattle-...Read more
Dining, lodging businesses struggle in Minnesota as middle class cuts back
This is the season when David Benowitz is mulling a new menu — and higher prices — at his family of Twin Cities neighborhood restaurants.
The twice-yearly refresh has often been a chance to pass rising costs, from food and alcohol to insurance and wages, on to customers. But this time around, the Craft & Crew Hospitality co-owner said, his ...Read more
Henry Payne: How Nissan plans US comeback with Bronco-fighting Xterra SUV
It’s been a rough decade for Nissan Motor Corp. as sales plummeted 40% in the United States, CEO Carlos Ghosn was arrested in Japan, and the brand’s planned EV transformation, beginning with the Ariya SUV, flopped.
So for the 2027 model year, Nissan is going back to basics — beginning with the return of the dirt-chewing, Mississippi-...Read more
Auto review: Rivian R1T Quad is a tank turnin', electron burnin', cargo storin' hoot
HOLLY, Michigan — When I was a kid, I’d spin toy tanks in my sandbox, slinging sand while mimicking real tank turns. WHEEE! As I’ve grown older, my sandboxes have gotten bigger.
At Holly Oaks ORV Park, I stopped my 2026 Rivian R1T Quad pickup in the dirt and selected ALL-TERRAIN mode in the 15.6-inch console screen. I selected the KICK ...Read more
Popular Stories
- Billionaire investor warns sports prediction markets harm men
- California attorney general says Amazon pressured Levi's, other retailers to hike prices
- 'We've lost our way': Clifton's operator gives up on downtown Los Angeles
- The state of women's finances: How homeownership is becoming the great equalizer
- California's gas prices push Uber and Lyft drivers off the road









