Business

/

ArcaMax

Justin Sullivan/Getty Images North America/TNS

Billion-dollar US levies on Chinese ships risk 'trade apocalypse'

Business / Business News /

For a symbol of the chaos engulfing world trade since the Trump administration walked into the White House, look no further than a pile of 16,000 metric tons of steel pipes. Stevedores in Germany should be preparing to load the first batch on a ship bound for a massive energy project in Louisiana. Instead the cargo is sitting in a German ...Read more

Khadejeh Nikouyeh/The Charlotte Observer/TNS

Despite rising homeownership rates, large racial gaps remain in NC, US, report says

Business / Business News /

After homeownership rates dipped across the board the year before, Black households saw the greatest year-over-year increase among all races in 2023, a new report from the National Association of Realtors (NAR) says.

Nationally, Black homeowner rates rose to 44.7% — up .6 percentage points from 2022, according to NAR’s 2025 Snapshot of Race...Read more

Brian Cassella/Chicago Tribune/TNS

Wealthy white homeowners vote more on property tax hike proposals in Cook County, study finds

Business / Business News /

CHICAGO -- Some suburban voters are facing key decisions about hiking property taxes in the April 1 election, but if the past is precedent, “the few will decide for the many” again, according to a report from Cook County Treasurer Maria Pappas’ office.

Referendums for $45 million in infrastructure spending in Western Springs, $94.9 ...Read more

K.C. Alfred/The San Diego Union-Tribune/TNS

San Diego falls in national home price rankings

Business / Business News /

SAN DIEGO — San Diego home price gains slowed to their lowest level to start 2025 in almost two years.

In January, the San Diego metropolitan area’s home price increased 3.39% annually, said the S&P Case-Shiller Indices report released this week. The highest gains in the 20-city index were in the New York metro area, at 7.75%, and Chicago, ...Read more

Evan Ramstad: Minnesota's Tile Shop learned its lesson in the first Trump administration

Business / Business News /

Cabell Lolmaugh arrived in the corporate office at Tile Shop Holdings Inc. eight years ago just as it was being forced to adjust to anti-dumping penalties against China, the source of about half the tiles it sold.

Today, Lolmaugh is CEO of the Plymouth, Minnesota-based retailer and the U.S. is again raising import barriers, not just on China ...Read more

Hector Retamal/AFP/Getty Images North America/TNS

Shuli Ren: China's 'engineer dividend' is paying off big time

Business / Business News /

DeepSeek has changed how the world sees China. Worries over the country’s “3D” problem — that deflation, debt and demographics are structurally hampering growth — have melted away. Instead, investors are talking about how the world’s second-largest economy can take on the U.S. and challenge its technological dominance.

There is the ...Read more

Bulat Silvia/Dreamstime/TNS

How to navigate pet rules when finding apartments

Business / Business News /

Finding my first place out of college, I didn’t need too much. So long as the walls weren’t stained with gunk from previous tenants and the kitchen was operable, I was satisfied.

For most people, that makes finding an apartment rather easy. But Freddie, my sweet — sometimes high-maintenance — pit bull mix, complicated matters.

Freddie ...Read more

Nelvin C. Cepeda/The San Diego Union-Tribune/TNS

'Would we ever open again?' The pandemic locked down these San Diego businesses. Here's where they are today

Business / Business News /

Five years ago, the COVID pandemic dealt a swift blow to San Diego small businesses, leading some of them to close their doors permanently shortly after the first lockdown in March 2020.

Others, like Trilogy Sanctuary, held on, in a state of limbo.

“I remember the day when they said everything was going to be shut down and you couldn’t do ...Read more

Shae Hammond/Bay Area News Group/TNS

California now has more EV charging ports than gas nozzles

Business / Business News /

There has been a shift in what moves California.

Electric vehicle charging ports now outnumber gas nozzles across the Golden State, a sign of the increasing number of zero-emission vehicles on the road. But the milestone arrives as the federal government has moved to deprioritize the shift away from gasoline-powered cars.

California has ...Read more

Allen J. Schaben/Los Angeles Times/TNS

Rideshare companies' legal liability may face limits in Nevada

Business / Business News /

A bill coming out of a political fight between the state’s trial lawyers and the ridesharing company Uber was fast-tracked through a Nevada Legislature committee this week.

Assembly Bill 523 would make ridesharing and delivery companies not liable for harm caused by their drivers or passengers — known as vicarious liability — as long as ...Read more

Phillip Faraone/Getty Images North America/TNS

Rivian spins out startup focused on small, lightweight electric vehicles

Business / Business News /

Rivian, known for its large electric trucks, is setting its sights on small and lightweight vehicles.

The Irvine, California-based automaker said Wednesday it's spinning out its micromobility business into a new startup called Also Inc.

Micromobility encompasses a variety of vehicles, including electric bikes, scooters and skateboards.

Rivian...Read more

Carlos Gonzalez/The Minnesota Star Tribune/TNS

Lawsuit alleges securities fraud, profit-boosting scheme at UnitedHealth Group

Business / Business News /

A massive pension plan in California alleges UnitedHealth Group has engaged in a wrongful profit-making scheme through its Medicare Advantage business that wasn’t disclosed, allowing top executives to reap millions in stock trades based on nonpublic information, according to an amended lawsuit filed in Minnesota this month.

The Eden Prairie-...Read more

TIM TAI/The Philadelphia Inquirer/TNS

Philly Shipyard backs Trump plan to counter China shipbuilding -- as critics fear supply chain disruptions

Business / Business News /

PHILADELPHIA -- The owner of Philadelphia’s commercial shipyard is backing a Trump administration proposal that aims to counter China’s dominance in shipbuilding and subsidize domestic industry following decades of declining production.

The Trump administration in February proposed charging Chinese shipping companies and other ocean ...Read more

Tetiana Dzhafarova/AFP/Getty Images North America/TNS

Atlanta officials look to lure Ukrainian drone makers to the region

Business / Business News /

Gwinnett County, Georgia, officials and community development leaders are working to woo Ukrainian drone makers as they try to make the region a major tech hub.

These efforts were on full display Thursday at an event in Norcross aimed at highlighting drone technologies and ways U.S. and Ukrainian entrepreneurs can collaborate. Though current ...Read more

Alie Skowronski/Miami Herald/TNS

Electric vehicle range anxiety? FIU researchers develop new battery that could be a cure

Business / Business News /

They call it range anxiety, the fear that an electric vehicle could run out of juice, say somewhere south of Yeehaw Junction on the way to Disney World with three cranky kids aboard.

Such scenarios are one of the big hesitations for many people pondering the purchase of an EV.

Research going on at Florida International University could go a ...Read more

Michael Tran/AFP/GETTY IMAGES NORTH AMERICA/TNS

Michael Hiltzik: 23andMe files for bankruptcy, putting its hoard of personal health information at risk

Business / Business News /

Even for Silicon Valley, the land of multibillion-dollar “unicorn” startups, the launch of 23andMe in 2006 attracted special attention.

Formed to offer genetic testing services directly to consumers, who spit into a receptacle and mailed it to the company for DNA analysis, its founders included Anne Wojcicki, who was married to Google co-...Read more

Kimberly White/Getty Images North America/TNS

Wiz's $32 billion win drives unicorn M&A to quarterly record

Business / Business News /

Startup acquisitions have boomed so far this year, capped by last week’s massive $32 billion deal for cybersecurity startup Wiz — a signal that Silicon Valley is optimistic about the Trump administration’s antitrust policies, and that venture-backed companies may finally have a way to cash out.

There have been 11 startup sales of more ...Read more

Ricardo Ramirez Buxeda/Orlando Sentinel/TNS

Spirit Airlines adds 15 more nonstop routes from Detroit Metro Airport

Business / Business News /

Spirit Airlines said Wednesday it is adding 15 nonstop destinations from Detroit Metro Airport.

The new and resuming routes from Detroit are to: Austin, Birmingham, Charleston, Hartford, Louisville, Kansas City, Milwaukee, Norfolk, Phoenix, Punta Cana, Richmond, Salt Lake City, San Diego, San Juan and St. Louis. Nine of the routes are new, ...Read more

Jason Armond/Los Angeles Times/TNS

California in settlement talks with Uber, Lyft over wage theft claims

Business / Business News /

In early 2020, thousands of drivers — led by Southern California advocacy group Rideshare Drivers United — filed claims with the state against Uber and Lyft. They alleged the companies had illegally treated them as independent contractors and owed them more than $1.3 billion in wages, expenses and damages.

Now, the state is set to begin ...Read more

Kayla Bartkowski/Getty Images North America/TNS

X ad sales expected to grow for first time since Musk takeover

Business / Business News /

Elon Musk’s X is on pace for its first year of advertising revenue growth since the billionaire acquired the company in 2022, according to research firm Emarketer — in part because advertisers are reacting to Musk’s power in the Donald Trump administration.

The social network, formerly Twitter, is projected to generate $1.31 billion in U....Read more