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French left set for shock victory over Macron and Le Pen

Business / Business News /

A left-wing coalition is on course to win the most seats in France’s legislative election in a surprise blow to far-right leader Marine Le Pen, who had hoped to form the next government.

The New Popular Front, which includes the Socialists and far-left France Unbowed, is poised to get between 170 and 215 seats in the National Assembly, ...Read more

Jane Tyska/Bay Area News Group/TNS

Patelco makes minor restorations but no end near for crippling credit union cyber attack

Business / Business News /

Patelco Credit Union, after a week of customer lockdowns, made minor restorations in online functions as it reels from an ongoing cyber attack targeting its systems and databases.

By Friday, Dublin-based Patelco’s CEO Erin Mendez tried to assure customers “your money is safe and secure” while patrons remained locked out of their online ...Read more

Stakes, and costs, growing in WA's fight against Kroger-Albertsons merger

Business / Business News /

Battling potential grocery monopolies, it turns out, isn't cheap.

Washington now expects to pay up to $6 million to an outside law firm handling the state's Jan. 16 suit against a proposed merger between Kroger and Albertsons, according to a June 21 state authorization for the fees.

That's double the money previously authorized for Los Angeles...Read more

Yamil Lage/AFP/Getty Images North America/TNS

Cuban government halts food price caps after facing pushback from the private sector

Business / Business News /

The Cuban government halted a proposed price cap on chicken and other food staples after Cuban private entrepreneurs pushed back against the measure and warned officials the population would go hungry. It’s a rare instance revealing the influence of an emergent private sector that has flourished despite strict government control.

A group of ...Read more

Marc Grasso/Boston Herald/TNS

Auto review: 2024 Genesis GV70 exceeds luxury expectations

Business / Business News /

At Grasso’s Garage, Volvo, with its extensive range of appropriately priced luxury vehicles, consistently stands out, meeting nearly every consumer's desires and requirements. Yet, as Volvo has not delivered the XC40 to Grasso's Garage, there is a gap in the review lineup.

Genesis has astutely stepped in to fill this void, a move that ...Read more

Dreamstime/Dreamstime/TNS

Cargill, Target partner on cotton-tracing tech

Business / Business News /

A T-shirt bought from Target might be 100% cotton, but that doesn't necessarily explain the garment's whole history.

Companies looking to sell guilt-free garments have long struggled to track a global supply chain that spins out 54 billion pounds of cotton per year. Traceability is important, because among the world's 10 largest cotton-...Read more

Henry Payne/The Detroit News/TNS

Auto review: Mazda goes big with CX-70

Business / Business News /

ROCHESTER HILLS, Michigan — The Mazda CX-70 SUV is big. Big length at nearly 17 feet. Big weight of 4,863 pounds. Big 21-inch wheels. Big panoramic roof. Big as sibling CX-90 because CX-70 just means it has two rows compared to the 90’s three. Bigger than any other vehicle the Japanese brand has produced.

Yet CX-70 still thinks it’s a wee...Read more

US payroll growth slows and jobless rate ticks up to 4.1%

Business / Business News /

U.S. hiring and wage growth stepped down in June while the jobless rate rose to the highest since late 2021, bolstering prospects that the Federal Reserve will begin cutting interest rates in coming months.

Nonfarm payrolls rose by 206,000 and job growth in the prior two months was revised down by 111,000, the Bureau of Labor Statistics said ...Read more

Tyger Williams/The Philadelphia Inquirer/TNS

The No Kill Car Shelter in Philadelphia transforms clunkers into something out of a 'Mad Max' movie

Business / Business News /

PHILADELPHIA — The old Chevy Nomad is the first clue that the No Kill Car Shelter isn’t your average garage. Step down Madison Street in the city's Port Richmond neighborhood and you’ll see it parked outside the shop — sheathed in midnight-black paint, hulking feet off the ground on oversize wheels, Frankensteined onto a shortened SUV ...Read more

Jim Fets/Chevrolet/TNS/TNS

Auto review: 2024 Chevrolet Silverado EV goes farther and further

Business / Business News /

The Tesla’s Cybertruck’s styling, which resembles a men’s metal prison urinal, gets too much attention, it’s the 2024 Chevrolet Silverado EV that actually deserves it.

One of five battery electric pickups now available, it competes in a class against the aforementioned Tesla, as well as the Rivian R1T, Ford F-150 Lightning, and GMC ...Read more

Robin Buckson/The Detroit News/TNS

UAW's court filing highlights tension with federal monitor

Business / Business News /

The United Auto Workers asked a federal court Wednesday to clarify its consent decree with the U.S. Justice Department, namely whether it could withhold or review confidential and privileged information being requested by its court-appointed monitor.

The filing in the U.S. District Court for the Eastern District of Michigan comes amid tension ...Read more

Scott Olson/Getty Images North America/TNS

Target joins ranks of Aldi, Whole Foods as stores no longer taking checks

Business / Business News /

Soon, shoppers will not be able to cut a check to pay for the contents of their Target shopping baskets.

The Minneapolis retailer said it will stop accepting personal checks in stores later this month, with the payment method dwindling in popularity through the years as more people use credit and debit cards as well as a growing segment of ...Read more

Minnesota says tobacco firms owe $58M in underpayments from landmark settlement

Business / Business News /

The state is seeking $58 million from tobacco companies Philip Morris and R.J. Reynolds Tobacco, alleging that they underpaid what they owe Minnesota in a landmark 1998 lawsuit settlement over the costs and dangers of tobacco use.

Attorney General Keith Ellison filed a motion this week in Ramsey County District Court to enforce the settlement ...Read more

Tatiana Golmer/Dreamstime/TNS

LG sees battery breakthrough by 2028 that has eluded Tesla

Business / Business News /

LG Energy Solution Ltd. is aiming to commercialize what’s been described as a game changing battery-making technology by 2028, opening a path for the Korean cell manufacturer to become more competitive with Chinese rivals.

Companies from Tesla Inc. to Samsung SDI Co. are working on dry-coating technology, a process that aims to replace the ...Read more

Bay Area tech layoff totals jump to worst pace in more than a year

Business / Business News /

Bay Area tech layoffs jumped during the last three months and soared to their highest quarterly totals in over a year, an ominous sign the crucial sector’s wrenching cutbacks have yet to run their course.

During the April-through-June period of this year, tech companies revealed plans to chop well over 7,000 jobs in the Bay Area, according to...Read more

Brian van der Brug/Los Angeles Times/TNS

Sierra Club strike averted after deal with union to reinstate some laid-off workers

Business / Business News /

A strike by workers of the Sierra Club, the prominent environmental organization founded in California, was narrowly averted Tuesday after an overnight 18-hour-long marathon bargaining session.

As part of a deal reached between the Sierra Club and the Progressive Workers Union, which represents workers employed by the organization's national ...Read more

Ellen M. Banner/The Seattle Times/TNS

Why US government may still do business with Boeing, even as a felon

Business / Business News /

As Boeing continues to face the fallout from two fatal 737 Max crashes roughly five years ago, the company now meets yet another question about its future.

Could the Justice Department’s recent decision to offer Boeing a plea deal to resolve a criminal fraud charge curtail the company’s government contracts, including its billions in ...Read more

Rob Nikolewski/The San Diego Union-Tribune/TNS

California's gas tax just went up. So has the bickering

Business / Business News /

As tensions mount between the petroleum industry in California and state policymakers, the cost of a gallon of gasoline just got a smidge more expensive this week.

Monday marked the start of the new fiscal year and California’s state excise tax on gasoline increased 1.7 cents per gallon. That’s part of the annual adjustment for inflation ...Read more

Elizabeth Flores/Minneapolis Star Tribune/TNS

Produce farmers lack crop insurance. Minnesota flood has exposed the inequity

Business / Business News /

NORTHFIELD, Minnesota — The tomatillos hang in small-green balls from the vine, water-logged. The chilis sprouting up in a mucky row are puny. The garbanzo: Finished.

Floods killed these crops. But unlike the large corn and soybean spreads in south central Minnesota — dotted with ponds after historic June flooding — federal crop insurance...Read more

Martin Bureau/Getty Images of North America/TNS

Microsoft to pay $14.4 million settlement over alleged parental, disability leave discrimination

Business / Business News /

Microsoft will pay a $14.4-million settlement after California's Civil Rights Department accused the company of retaliation and discrimination against workers who take parental or disability leave, or leave to take care of a family member.

Workers at Microsoft in California experience disadvantages in pay and promotion opportunities when they ...Read more