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Nippon, US steel sue to save merger after Biden blocks it

Business / Business News /

Nippon Steel Corp. and United States Steel Corp. jointly filed a pair of lawsuits in a last-ditch effort to preserve their planned merger, which was blocked last week by President Joe Biden.

The companies said Monday in a joint statement that they had filed a petition with the federal appeals court in Washington, arguing that the Committee on ...Read more

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TikTok ban thrusts Apple, Google into US-China geopolitical fray

Business / Business News /

TikTok creators are posting videos promoting ways to get around a looming shutdown of the app in the U.S., which could spell trouble for Apple Inc., Alphabet Inc.’s Google and other American tech companies required by law to enforce the ban or risk potentially billions in fines.

With less than two weeks to go before the ban kicks in, many ...Read more

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Back to the future: Detroit Auto Show returns to January in a changed industry landscape. What to expect

Business / Business News /

The Detroit auto circus is back to its January roots — a new show for a new era.

After an epic, media-stuffed, celebrity-encrusted, 30-year run as the world-renowned North American International Auto Show, Motown’s auto-palooza is dropping its international marketing theme and now is simply called the Detroit Auto Show. Its Detroit Autos ...Read more

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6 best investments for beginners

Business / Business News /

The idea of investing can be intimidating if you’re just starting out, but it’s an important part of saving for various financial goals and building wealth. You’ll encounter many different market environments throughout your investing life, so don’t get too caught up in whether now is the perfect time to get started.

But before making ...Read more

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United Airlines accelerates plans to equip fleet with Musk's Starlink for Wi-Fi

Business / Business News /

United Airlines is speeding up its timeline for connecting its fleet to Starlink, Elon Musk’s satellite network that provides high-speed internet around the globe.

The airline expects to begin testing Starlink in February with the first commercial flight anticipated in the spring on a United Embraer E-175 aircraft, used for regional flights. ...Read more

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In labor-friendly California, 2025 ushers in more worker protections. Here's what to know

Business / Business News /

California lawmakers, by and large, are a labor-friendly bunch and, as in past years, they passed a host of new workplace protections that took effect when the new year struck.

Instead of breaking new ground, many of the changes represent expansions of existing protections, such as family leave and enforcement of workplace anti-discrimination ...Read more

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Should you actively trade in a Roth IRA?

Business / Business News /

A Roth IRA is considered by many financial experts to be the best retirement plan out there. Workers can invest money on an after-tax basis and then withdraw their funds in retirement (after age 59 1/2) tax-free. They can enjoy decades of compounding growth and never owe the taxman a cent as long as they follow the plan’s rules. No wonder it�...Read more

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Disney to combine Fubo with Hulu live TV service, ending sports streaming lawsuit

Business / Business News /

Sports streaming service FuboTV Inc. is set to be merged with Walt Disney Co.'s Hulu live TV service, the companies announced Monday.

The agreement ends New York-based Fubo's legal action against Venu Sports, the joint service announced last year by Disney, Fox Corp. and Warner Bros. Discovery. In a suit filed in U.S. District Court, Fubo had ...Read more

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For Alaska Flight 1282 passengers, terror of blowout is slow to fade

Business / Business News /

Soon after Kendra Frome’s plane landed — no incidents and all parts intact, this time — her 3-year-old daughter turned to her with panicked eyes.

Amid the shuffle of unsuspecting travelers crowding into the aisles, the girl asked her mom if they were on a Boeing plane. Yes, the mother of three replied.

Then another question: “Did the ...Read more

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Fending off phishers and ID thieves is exhausting, but these best practices are easy to adopt

Business / Business News /

Identity thieves have a lot of opportunities to grab your info and wreak havoc.

This raises the perennial question: How can a regular person, who owns a cellphone or a computer and uses the internet to shop, pay bills online or to trade messages with friends and family, safeguard his or her identity data?

Eva Velasquez, the CEO of the Identity...Read more

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Tech giant PayPal accused of fraud over Honey online-shopping coupon finder

Business / Business News /

Online influencers who make money off promoting products online are getting played by one of Silicon Valley’s iconic technology companies, a new lawsuit claims.

“It involves almost every high-profile creator that I can think of, including myself,” tech influencer Marques Brownlee, who has almost 20 million subscribers on YouTube, said in ...Read more

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Media members jam Mandalay Bay for first look at CES products

Business / Business News /

LAS VEGAS Many of the more than 5,000 media members attending CES in Las Vegas this week got their first glimpse of an automated swimming pool cleaner, a home pizza oven and electric skates Sunday at the Mandalay Bay Convention Center.

And robots, along with many, many more new innovative products.

The four-day show officially opens Tuesday ...Read more

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Motormouth: Resetting liftgate

Business / Business News /

Q: I own a 2014 Toyota Highlander. I'm having a problem with the automatic rear liftgate. Last week when the car was in the garage, with the garage door down, I mistakenly pressed the tailgate open button on the ignition key. The door went up, until it reached the closed garage door, then stopped. I pressed the button again, and the liftgate ...Read more

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When it comes to arriving on time, these are the best (and worst) airlines

Business / Business News /

In the cutthroat airline industry, few things can boost a company's reputation more than getting passengers to their destinations on time.

Now, Mexico's largest airline, Aeromexico, can boast that last year it was the best in the world when it comes to timeliness, according to the results of an annual study by aviation analytics firm Cirium. ...Read more

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Boeing, DOJ in talks to revise plea deal for 737 Max crashes

Business / Business News /

Boeing Co. and U.S. prosecutors said they’re working to hammer out a new deal to settle a criminal case stemming from two fatal 737 Max crashes after a federal judge blocked an earlier plan because it included race as a consideration for selecting a compliance monitor.

The Justice Department is working with Boeing “to include revisions to ...Read more

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Bally's Chicago launches $250 million IPO for minority investors, as casino site demolition remains on hold after river spill

Business / Business News /

When Bally’s won the competitive bidding process nearly three years ago to build Chicago’s first casino, it pledged to give minority investors a piece of the action as part of its agreement with the city.

This week, Bally’s Chicago launched an initial public offering for women and minorities to buy a 25% equity stake in the fledgling ...Read more

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Hearthside child labor settlement approved by Texas judge

Business / Business News /

Downers Grove, Illinois-based Hearthside Food Solutions will pay $4.5 million to settle an Illinois child labor probe after a Texas bankruptcy judge approved a settlement between the company and the Illinois Department of Labor and attorney general Friday.

The Illinois agencies opened their child labor probe into Hearthside, which was named in ...Read more

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Disaster dogged Boeing in 2024. Can it turn around in 2025?

Business / Business News /

A year after a panel blew off a 737 Max midflight, Boeing says mistakes like those leading up to the near-disaster on Jan. 5, 2024, won’t happen again.

The company has increased inspections, created new procedures to make sure airplane parts and airplane work are documented, and, it says, recommitted itself to the quality and safety of the ...Read more

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GM notches best sales since 2019 as all brands see annual growth

Business / Business News /

Sales across General Motors Co.'s brands grew in 2024, with the automaker reporting Friday that it had the best overall U.S. sales total since prior to the pandemic in 2019.

GM's 2.7 million vehicles sold for the year in the U.S. was a 4% uptick from 2023 — still under 2019's nearly 2.9 million, but marking continued steady sales growth since...Read more

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Ford reports highest annual sales since before COVID, but EVs fall behind GM

Business / Business News /

Ford Motor Co.'s U.S. sales grew 4.2% year-over-year in 2024 to their highest level since pre-pandemic 2019, and it recorded a record year of electric vehicle deliveries, but fell behind crosstown rival General Motors Co. in sales of battery-powered models.

Even as affordability became an increasingly prominent issue for buyers in 2024 from ...Read more