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Lawsuits claim cannabis products violate Illinois law on limits for THC
A Chicago law firm has filed lawsuits against numerous Illinois cannabis companies, claiming that they are violating state limits on the amount of THC allowed in each package.
The cases highlight increasing debate over cannabis potency as the percentage of THC — the component that gets users high — keeps increasing, and as hemp producers ...Read more
Economists rush to react to Trump's moving tariff targets
President Donald Trump’s vow to unleash 25% tariffs on goods from Mexico and Canada has sent economists racing to estimate the impact on businesses and households across all three nations.
The potential fallout depend on the specifics of what Trump announces — the level of tariffs, the goods targeted or exempted and the duration they’re ...Read more
Grocery strike authorized for Denver; other union members vote this weekend
The United Food and Commercial Workers Local 7 said union members in metro Denver and Boulder, Colorado, have voted overwhelmingly to authorize a strike against King Soopers. The timing and locations of strikes will be announced publicly before any labor action starts, the union said.
The union announced the results Thursday night after two ...Read more
Living on a boat in Seattle used to be cheap. Who still opts for liveaboard life?
When Michael and Rie DePaula decided to relocate to Seattle, they realized they would need to be creative in the hot housing market.
It was 2017, and the couple saw the move as career advancement for Michael, 46, and an English immersion opportunity for their three sons, who had been born and raised in Japan.
Home prices were high and renting ...Read more
Auto industry braces for Trump announcing Canada, Mexico tariffs starting Saturday
The auto industry is bracing for impact after President Donald Trump confirmed Thursday that he will impose 25% tariffs on Canada and Mexico starting Saturday.
The promise, he said during a signing of executive orders related to a deadly airplane crash, is in response to illegal immigration, the flow of fentanyl and trade deficits with the ...Read more
Stablecoin issuer Tether says profit was $13 billion last year
(Bloomberg) — Tether Holdings Ltd., the stablecoin issuer that was pulled into the spotlight this week during the confirmation hearing for Donald Trump’s pick to run the Commerce Department, said it made an eye-popping $13 billion in profits last year.
Howard Lutnick, the president’s nominee, is the head of Cantor Fitzgerald LP, which ...Read more
Econometer: Is it a good move for companies to roll back DEI programs?
Pushed on by President Donald Trump and public pressure by some, several large companies are doing away with DEI (diversity, equity and inclusion) programs.
Many of the programs started in 2020 in the wake of the George Floyd murder with businesses pledging to create more diverse workplaces. However, some have recently canceled or reduced those...Read more
US labor costs rise from year earlier by least since 2021
U.S. labor cost growth cooled in the fourth quarter from a year earlier, reassuring Federal Reserve policymakers wage pressures are gradually diminishing and no longer a key driver of inflation.
The employment cost index, which tracks changes in wages and benefits, increased 3.8% from the same period in 2023, the slowest pace in more than three...Read more
Auto review: 2025 Toyota Camry is stylish, frugal, safe and surprisingly fun to drive
It was the holidays and my family had just landed in California for vacation. Gas was hovering near $5/gallon. I was thinking a Toyota Prius would be perfect. Or … what about that redesigned hybrid-only 2025 Toyota Camry SE I saw across the lot? My family raised all of its eyebrows, but quickly retracted them when they saw the wisdom of my ...Read more
Auto review: 2025 Subaru Forester gets better and better
For Subaru lovers, the Forester is no secret. It has a long history and a tremendously loyal fan base. This week in Grasso's Garage we test the new Subaru Forester Touring, which boasts excellent storage space and that classic Subaru-vibe consumers have come to enjoy, all for a $40K price tag.
The Forester doesn't have the normal SUV shape with...Read more
Waymo is getting ready to tackle Los Angeles' freeways. How have the robotaxis fared so far?
Waymo's fleet of electric, self-driving taxis has been available for hire in parts of Los Angeles for a few months now. And in a post on X this week, the company announced it was set to take on the most L.A. of frontiers: the freeways. At first, only Waymo employees will be able to ride along as the driverless SUVs navigate the 10 or the 405 and...Read more
Auto review: Rugged Toyota Tacoma hybrid takes power to the max
Already a brute that can climb lumpy, rock-strewn hills, the top-selling Toyota Tacoma has changed the game with a hybrid powertrain — the first among its rivals.
Settle down, cynics. Toyota’s hybrid — boldly named i-Force Max — is the most capable powertrain ever built for Tacoma, combining a turbo four with an electric motor to build ...Read more
Auto review: Meet the first Jeep EV: the 2025 Wagoneer S Launch Edition
Having spent some time behind the wheel of Jeep’s first electric vehicle, the 2025 Jeep Wagoneer S Launch Edition, I realized that it represents the quintessential new American luxury car. It’s not a soggy, vinyl and chrome-laden brougham of the 1970s, nor a Nimitz-class, body-on-frame, leather-lined SUV of the 2000s. In its size, deportment...Read more
For first time in 92 years, Walgreens suspends quarterly dividend amid financial struggles
Walgreens Boots Alliance announced Thursday that it is suspending its practice of paying cash dividends to stockholders — the first time it won’t pay a quarterly dividend in 92 years.
The change comes amid struggles for the Deerfield-based retail pharmacy giant. Walgreens announced plans in October to shutter 1,200 stores over the next ...Read more
US economy outstripped China in 2024 for third year in a row
The U.S. tightened its grip on the title of world’s biggest economy in 2024 as an irrepressible American consumer helped it pull away from China for a third straight year — at least by one measure.
U.S. gross domestic product increased 5.3% last year before adjusting for inflation, according to Bureau of Economic Analysis data released ...Read more
Michael Hiltzik: OpenAI accuses China of stealing its content, the same accusation that authors have made against OpenAI
The unveiling Monday of a Chinese-made AI bot that seems cheaper, more efficient and in some ways more accurate than American-grown versions certainly kicked up a fuss in the AI space.
Nvidia, the maker of the high-priced chips indispensable for AI development, lost nearly $600 billion, or 17%, in stock market value, the largest one-day market ...Read more
Nevada makes big money from corporate paperwork
Nevada has long generated huge windfalls of revenue from its casino industry. But the state also hauls in big pots of cash from a decidedly less-flashy industry — one that basically centers around paperwork.
Incorporating business entities is a big business in Nevada, which offers financial and legal protection for executives and layers of ...Read more
Twin Cities activists rally crowd at Target HQ to boycott retailer after DEI rollback
A trio of Minnesotans who previously led reform efforts in the Twin Cities after George Floyd’s murder rallied more than 70 people outside Target’s corporate headquarters, calling for a boycott of the retailer over changes in the company’s diversity efforts.
“The reality is we all make up the fabric of America and should be embraced,”...Read more
Online tracker shows insurance payments to wildfire survivors
A new online tool that tracks insurance payouts stemming from wildfires that devastated parts of Los Angeles County shows more than $4 billion has been paid so far, largely to replace lost personal items and cover living expenses.
California Insurance Commissioner Ricardo Lara announced the new tracker Thursday.
Lara's office said insurance ...Read more
A world away from the Palisades and Altadena, landlords try to sell fire victims on living downtown
With thousands of houses and apartments lost to wildfires in an already tight housing market, landlords in downtown Los Angeles are trying to woo displaced fire victims to a more urban setting far from the burn zones.
A social media campaign has been launched by members of the Historic Core Business Improvement District to get people searching ...Read more
Popular Stories
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- Costco plans to serve Coke and a smile -- and a hot dog
- US economy outstripped China in 2024 for third year in a row
- Living on a boat in Seattle used to be cheap. Who still opts for liveaboard life?