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On Day 2 of massive Outlook outage, Microsoft moves toward recovery

Business / Business News /

As an outage that affected Outlook email inboxes and other Microsoft services across the globe entered a second day, the company said it was seeing encouraging progress toward a stable restoration.

After a day of online jokes and speculation around the massive disruption, Microsoft said Friday morning that there were no signs that a cyberattack...Read more

John T. Greilick/The Detroit News/TNS

GM partners with NorthStar on 2 solar plants to power 3 factories

Business / Business News /

General Motors Co. is contracting with NorthStar Clean Energy for supply from two new solar plants that are expected to generate enough electricity to power three of the automaker's Michigan facilities, the company said Thursday, Nov. 12.

The solar plants, which became operational in the last several months, represent GM's largest ever "clean-...Read more

Chip Somodevilla/Getty Images North America/TNS

Elizabeth Warren blasts GM over $20 billion buyback plan

Business / Business News /

Sen. Elizabeth Warren called out General Motors Co. for buying back billions of dollars in stock at a time when car prices are hitting record highs, joining Senator-elect Abdul El-Sayed in criticism of the automaker’s financial moves.

In a letter to GM Chief Executive Officer Mary Barra, Warren cited the company’s announcement last month ...Read more

Marc Grasso/Boston Herald/TNS

Auto review: 2026 Chevrolet Colorado Trail Boss conquers nation's 250th Anniversary fun

Business / Business News /

Value trucks these days are few and far between. A $40K base price is rarely seen anymore, except in the compact truck category.

To commemorate the 250th anniversary of America, Chevrolet takes its compact Colorado pickup with a base price of just over $40,000, and packages it in a Stars and Steel Special Edition, adding even more value to its ...Read more

Andrew Harnik/Getty Images North America/TNS

Evan Ramstad: The Trump and Huang bubbles burst. Your money could benefit

Business / Business News /

President Donald Trump is a lame duck. Jensen Huang is out at Nvidia.

The most powerful man in the world and the most powerful man in technology were laid low in an almost-unbelievable confluence of events over just 10 days.

These are victories for economic populism and for dealing with the world truthfully and squarely, and they should be ...Read more

Ford Motor Co./Ford Motor Co./TNS

Auto review: 2026 Ford Maverick Hybrid: The little pickup that forgot how to be affordable

Business / Business News /

When Ford introduced the Maverick in 2022, it did something revolutionary. It built a pickup truck normal people could afford. Starting at $19,995, it was not only the cheapest Ford you could buy, but also the least expensive hybrid in America. It was a sensation, largely because buying a new vehicle typically requires a trust fund or the ...Read more

Henry Payne/The Detroit News/TNS

Auto review: Flogging the 2026 Hyundai Elantra N pocket rocket

Business / Business News /

CHARLEVOIX, Michigan — Pocket rocket is my favorite auto segment. From $33,000-$51,000, buyers are served a choice of fun, utilitarian, affordable cars spiced with goodies like turbocharged engines, manual transmissions, all-wheel drive, hatchbacks, summer tires and head-up displays. Rockets like the Honda Civic Si, Subaru WRX, Mazda3 Turbo, ...Read more

Sean Gallup/Getty Images North America/TNS

Jensen Huang's exit tests whether Nvidia can run without its co-founder

Business / Business News /

Jensen Huang’s resignation from Nvidia has shaken up not only his company but also the booming artificial intelligence industry, which was largely built around his success and leadership.

In a regulatory filing on Thursday, Nvidia said Chief Financial Officer Colette Kress will serve as interim CEO while keeping her finance role until a ...Read more

Justin Sullivan/Getty Images North America/TNS

What Jensen Huang's departure means for the Bay Area

Business / Business News /

In March, Santa Clara, California-based Nvidia’s influence on the Bay Area could be seen in the occupied restaurant tables and crowded sidewalks of downtown San Jose. Technology workers wearing green conference badges filled coffee shops and hotels as the chipmaker’s annual gathering brought the AI industry to town.

For a downtown still ...Read more

Nick Wagner/The Seattle Times/TNS

Microsoft says it's working to fix widespread Outlook outage

Business / Business News /

Widespread outages hit Microsoft customers Thursday, affecting email inboxes, Teams meetings and other services.

Microsoft has not given a time frame for when it expects normal services to resume and has been providing updates through its Microsoft 365 Status social media account.

Around 9:30 a.m., users began reporting problems with Microsoft...Read more

Jonathan Weiss/Dreamstime/Dreamstime/TNS

Family Dollar settlement reached in pricing discrepancies lawsuit

Business / Business News /

Family Dollar, the Federal Trade Commission and 17 states — including Pennsylvania — have reached a $63 million settlement over allegations the discount retailer routinely charged customers more at the register than the advertised prices.

The proposed order prohibits Family Dollar from misrepresenting prices of goods and requires the ...Read more

Jose M. Osorio/Chicago Tribune/TNS

Retailers sue federal regulators in latest drama over Illinois' credit card swipe fee law

Business / Business News /

Retail groups sued two federal regulators on Thursday, hoping to revive Illinois’ embattled efforts to ban certain credit card interchange fees, also known as “swipe fees.”

The suits mark the latest turn in a yearslong legal fight between retailers, which want to cut swipe fees, and financial institutions, which have challenged those ...Read more

Rebecca Noble/AFP/Getty Images North America/TNS

Donald Trump Jr. out as Kalshi adviser following midterms

Business / Business News /

Donald Trump Jr. is leaving his role as an adviser to Kalshi Inc., ending a role that has created political headaches for the prediction market platform.

The departure comes as Democrats take power in Congress with promises to scrutinize the Trump family’s business ties to prediction markets and the crypto industry.

Trump Jr. has been an ...Read more

Scott Olson/Getty Images North America/TNS

US Postal Service to raise prices, make fuel surcharge permanent

Business / Business News /

The U.S. Postal Service is moving to raise and make permanent its fuel surcharge, which the agency introduced for the first time earlier this year.

The fuel surcharge will increase to 11% from 8% starting in January, the USPS said in a statement Thursday. Certain domestic shipping services also will increase by an average of 5.9%. That ...Read more

I-Hwa Cheng/Getty Images North America/TNS

Nvidia's Huang ousted by board in move that roils AI economy

Business / Business News /

Nvidia Corp. Chief Executive Officer Jensen Huang, the preeminent face of the AI infrastructure boom, was ousted from his post after reports of three affairs, including one with a woman suspected of spying for China.

Longtime Chief Financial Officer Colette Kress is taking the job of interim CEO, Nvidia said on Thursday, and Huang will no ...Read more

Andrew Harnik/Getty Images North America/TNS

Cancer institute backed by Larry Ellison plans major layoffs in Los Angeles

Business / Business News /

The Ellison Medical Institute — a cancer research center funded by tech mogul Larry Ellison — will cut a chunk of its staff in a couple of months.

The Los Angeles-based research center, led by its founding chief executive and oncologist, David Agus, plans to permanently lay off 88 employees in January, according to a Worker Adjustment and ...Read more

Dreamstime/Dreamstime/TNS

Terry Savage: Time to fix Social Security

Business / Business News /

If there’s one issue on which most voters agreed this election period, it’s the need to fix Social Security before potential cuts take place in 2032. It’s a concern that transcends political affiliations and age groups.

So did this election create the opening to solve the problem of Social Security “running out” of money in the next ...Read more

I-Hwa Cheng/Getty Images North America/TNS

Nvidia's Huang ousted by board in move that roils AI economy

Business / Business News /

Nvidia Corp. Chief Executive Officer Jensen Huang, the preeminent face of the AI infrastructure boom, was ousted from his post after reports of three affairs, including one with a woman suspected of spying for China.

Longtime Chief Financial Officer Colette Kress is taking the job of interim CEO, Nvidia said on Thursday, and Huang will no ...Read more

Dreamstime/Dreamstime/TNS

Real estate Q&A: Should we pay points when getting a new mortgage?

Business / Business News /

Q: We are buying a home we plan to live in for a long time. After the down payment and closing costs, we will still have some cash left over. Our lender mentioned we could “buy down” our interest rate by paying points. Is that worth it, or should we hold on to the money? — Robert

A: For buyers in your situation, paying points to lower ...Read more

'When you can't open, it hurts': Florida business owners near site of deadly Learjet crash face uncertainty

Business / Business News /

Dozens of local and family-owned businesses along Military Trail in Greenacres, Florida, are facing financial struggles and uncertainty in the wake of the deadly Learjet 60 crash that has forced road closures and restricted public access since Nov. 1.

Just before 1 p.m. Nov. 1, the private business jet flew into stormy weather and encountered ...Read more