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Survey: 72% of people are concerned they won't see promised Social Security benefits, upon retirement age

Business / Business News /

Social Security has been an important safety net for Americans for nearly 90 years, and today, the majority of Americans expect to rely on it when they retire. However, a new Bankrate survey shows many people are concerned they won’t receive those benefits once they reach retirement age.

More than half (53%) of Americans who haven’t retired...Read more

Henry Payne/The Detroit News/TNS

Auto review: GMC Sierra Denali EV goes toe-to-V8 with heavyweight champ, Sierra Denali ICE

Business / Business News /

Woodside, California — Forget Mike Tyson vs. Jake Paul. The heavyweight fight to watch is GMC Sierra Denali Ultimate vs GMC Sierra Denali EV.

That's right, the gold-studded GMC brothers are facing off in a V-8 vs. battery death match.

Along with Honda, General Motors Co. is the most committed legacy automaker to an electric future. It even ...Read more

DREW PHILLIPS/Hyundai/TNS

Auto review: 2025 Hyundai Tucson Hybrid a true Jekyll/Hyde SUV

Business / Business News /

If you live in Florida, California, New York, Texas or Georgia, you’ll particularly appreciate the 2025 Hyundai Tucson. These states lead the nation in plastic surgeries, accounting for 92% of procedures, according to the International Society of Aesthetic Plastic Surgery. So if you live there, odds are better that you’ve had work done. So ...Read more

Bigtunaonline/Dreamstime/TNS

With Trump as president, can TikTok in the US survive?

Business / Business News /

The fate of TikTok in the U.S. has been up in the air since 2020, when President Donald Trump moved to ban the popular video app because of national security concerns.

That set off four years of back-and-forth between the app’s Chinese owners and the U.S. government, with a possible ban scheduled to go into effect one day before Trump’s ...Read more

Jonathan Weiss/Dreamstime/TNS

Advance Auto Parts to close hundreds of stores, shut down West Coast operations

Business / Business News /

A plan by Advance Auto Parts to stem deepening losses by closing hundreds of stores will result "in a complete exit of certain markets on the West Coast" as the company shutters California locations, its chief executive said.

The national auto supply chain plans to close more than 725 locations around the country as well as four distribution ...Read more

Allen J. Schaben/Los Angeles Times/TNS

DirecTV to call off Dish takeover after bondholders balk

Business / Business News /

DirecTV has notified EchoStar Corp. of its intention to terminate an acquisition of Dish Network Corp. after they failed to win the consent of bondholders for a key debt exchange, all but killing a deal to create the largest U.S. pay-TV service.

DirecTV, which warned this month it would terminate the deal by midnight Friday without an ...Read more

Loren Holmes/Anchorage Daily News/TNS

Percentage of nonresident workers in Alaska hits highest point in years

Business / Business News /

ANCHORAGE, Alaska — The number of nonresidents in the Alaska workforce has reached its highest rate in nearly 25 years.

About 22.5% of Alaska's workforce lived outside Alaska in 2023, the highest since at least 2000, according to preliminary data released by Dan Robinson, research chief with the Alaska Department of Labor and Workforce ...Read more

Drew Phillips/The Detroit News/TNS

Hyundai unveils upscale, electric, three-row Ioniq 9 at LA Auto Show

Business / Business News /

LOS ANGELES — While other manufacturers have moved away from auto show reveals in recent years, Hyundai Motor Co. has embraced the big tent. That includes the Los Angeles Auto Show, where the brand has pulled the sheets off a parade of new vehicles in the last four years including the gas-powered Palisade and Santa Fe SUVs and the battery-...Read more

Brandon Bell/Getty Images North America/TNS

How Trump's FCC chief pick could make life more difficult for media companies

Business / Business News /

President-elect Trump's nomination of Brendan Carr as the next chairman of the Federal Communications Commission is bringing both hope and fear to the media industry.

For media executives, the hope comes in the promise of industry consolidation.

Companies such as Fox Television Stations, Nexstar Media Group, Tegna and Gray Media are eager to ...Read more

Dania Maxwell/Los Angeles Times/TNS

An affordable housing complex for Hollywood workers grapples with tenant complaints

Business / Business News /

Dozens of tenants at an affordable housing complex for arts and entertainment workers are in rebellion amid a dispute over a rent increase and other alleged issues at the Hollywood property.

A group of residents at the Hollywood Arts Collective released a statement Thursday accusing Thomas Safran & Associates, the property management company, ...Read more

Karl Mondon/Bay Area News Group/TNS

Google unveils unique and eco-friendly mass timber office

Business / Business News /

SUNNYVALE, California — Google unveiled Wednesday its first mass timber office building, a cutting-edge and eco-friendly structure in Sunnyvale the search giant hopes will be a productive and healthy workspace.

Over time, the five-story structure — built on the site of the one-time headquarters of video games pioneer Atari — is expected ...Read more

Alejandro A. Alvarez/The Philadelphia Inquirer/TNS

Behind Comcast's big TV deal: a bleak picture for once mighty cable industry

Business / Business News /

When Comcast swallowed NBC and Universal Studios 14 years ago, the sibling cable channels USA Network, Bravo and CNBC were considered diamonds in the rough.

USA Network had gained traction with its "Blue Skies" programming strategy: sunny and upbeat TV programs infused with a buoyant energy and natural light. The cable channels were ...Read more

NBCUniversal/Handout/TNS/TNS

What the Comcast cable network spinoff means for MSNBC and NBC News

Business / Business News /

When NBC launched MSNBC in 1996, the network was marketed with the slogan "It's Time to Get Connected," a line that acknowledged the emergence of the internet as a game-changing force in the media. Microsoft, then a minority partner in the channel, made web culture part of its programming.

Now, MSNBC is being upended by the very technology it ...Read more

DREAMSTIME/TNS

Apple Pay, other tech firms come under CFPB regulatory oversight

Business / Business News /

The top U.S. consumer watchdog will supervise Apple Inc. and other major technology firms that offer digital wallets and payment apps, finalizing a proposal from last year with several changes.

The U.S. Consumer Financial Protection Bureau will now treat those companies more like banks as long as they handle more than 50 million transactions a ...Read more

Jim Watson/Getty Images North America/TNS

How the second Trump administration could affect the housing market

Business / Business News /

Across Southern California, and for that matter much of the country, housing is unaffordable for many, whether someone is trying to buy a house or rent an apartment.

Voter concern over the nation's cost of living, including housing, appears to have played a big role in returning Donald Trump to the White House.

Now, can he fix it?

During the ...Read more

Red Wing Heritage/TNS/TNS

New campaign with actor Steve McQueen's family encourages passing down Red Wing boots to heirs

Business / Business News /

Legendary movie star Steve McQueen loved the fast track, and always wore the same pair of Red Wing boots.

Minnesota’s Red Wing Shoes partnered with his family, in particular granddaughter Molly McQueen, on a new campaign that celebrates the King of Cool by promoting the ideas of legacy clothing and sustainability.

The newest “Will your ...Read more

Real estate Q&A: My partner wants to cash out of rental we both own. What are my options?

Business / Business News /

Q: A while back, I bought a property with a partner, and we each paid part of the purchase price. Since then, I have been taking care of it and paying the taxes and insurance. We have been splitting the profit from renting it. Now, my partner wants to quit the partnership and cash out. How would this work? — Anonymous

A: When people own ...Read more

This is how GM, Ford executives are thinking about the incoming Trump administration

Business / Business News /

General Motors Co. and Ford Motor Co. are emphasizing their ability to be flexible in responding to consumer demand in light of potential policy changes under President-elect Donald Trump's administration.

The incoming administration could see the elimination of the Inflation Reduction Act's tax credit of up to $7,500 on plug-in vehicles, ...Read more

Josh Edelson/AFP/Getty Images North America/TNS

Nvidia forecast fails to meet loftiest estimates for AI star

Business / Business News /

Nvidia Corp., the chipmaker at the heart of an artificial intelligence boom, delivered a revenue forecast that failed to meet the highest expectations, suggesting that the company’s dizzying growth run has its limits.

Fiscal fourth-quarter sales will be about $37.5 billion, Nvidia said in a statement Wednesday. Though the average analyst ...Read more

Parmy Olson: Google Chrome's divorce is the DOJ's antitrust warm-up act

Business / Business News /

News broke this week that the U.S. Department of Justice wants to force Alphabet Inc.’s Google to sell Chrome, its dominant web browser. That has led to much head scratching in the tech industry. Sure, Chrome is an important moat for Google’s business, but is it really the source of the company’s power? And if a company buys Chrome for an ...Read more