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Aluminum wars: US factory owners seek 'political' route to higher import taxes under Trump

Business / Business News /

Thwarted by the U.S. International Trade Commission in its push to boost tariffs on 14 countries — even after the Commerce Department found they illegally "dumped" cheap aluminum parts — some U.S. manufacturers, including owners of the Western Extrusions works in Pennsauken, New Jersey, are counting on the Trump administration to boost ...Read more

Karen Ducey/The Seattle Times/TNS

Seattle minimum wage debate has restaurant workers feeling conflicted

Business / Business News /

Until the calendar turns to Jan. 1, 2025, Seattle's hourly minimum wage has fine print.

For now, Seattle's minimum wage varies based on business size, tips and benefits. In 2025, that all goes away. On Jan. 1, Seattle's minimum wage will become a flat $20.76, among the highest in the U.S., representing a pay jump of $3.51 for some.

On paper, ...Read more

Patrick T. Fallon/AFP/Getty Images North America/TNS

Motormouth: Road noise and electric vehicles

Business / Business News /

Q: I am curious about whether the noise from roads will be quieter when there are more electric vehicles. That is, does the noise come from tire/road contact (so no change) or from the engines (great change)? Does the vehicle speed matter, as in highway noise vs. local connector road noise? Does size of vehicle factor into this discussion?

L.B....Read more

Giulio Lapone/LaPresse/Zuma Press/TNS

Stellantis names committee to run company after CEO Tavares leaves

Business / Business News /

Stellantis NV on Monday announced the formation of an "interim executive committee" that will be responsible for running the company while a new chief executive is found by the first half of 2025.

The Stellantis board moved quickly to form the interim committee for "direction and oversight of the company" after CEO Carlos Tavares resigned over ...Read more

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US tightens curbs on China's access to AI memory, chip tools

Business / Business News /

The U.S. unveiled new restrictions on China’s access to vital components for chips and AI, escalating a campaign to contain Beijing’s technological ambitions but stopping short of earlier proposals that would have sanctioned more key Chinese firms.

The Department of Commerce slapped fresh curbs on the sale of high-bandwidth memory chips ...Read more

I-Hwa Cheng/AFP/Getty Images North America/TNS

Intel CEO forced out by board frustrated with slow progress

Business / Business News /

Intel Corp. Chief Executive Officer Pat Gelsinger was forced out after the board lost confidence in his plans to turn around the iconic chipmaker, adding to turmoil at one of the pioneers of the technology industry.

The clash came to a head last week when Gelsinger met with the board about the company’s progress on winning back market share ...Read more

Allison Robbert/Getty Images North America/TNS

Musk's multibillion-dollar Tesla payout gutted by Delaware judge

Business / Business News /

Elon Musk’s record-setting Tesla Inc. pay package was struck down once again by a Delaware judge, threatening to wrest billions of dollars from the world’s richest person and one of Donald Trump’s closest confidants.

Delaware Chancery Court Judge Kathaleen St. J. McCormick ruled Monday that Tesla’s board was improperly influenced by ...Read more

Dreamstime/Dreamstime/TNS

Peabody to turn coal mines into solar fields and bet big on steel

Business / Business News /

ST. LOUIS — Coal juggernaut Peabody Energy has reshaped itself with two moves over two weeks.

Last week, the St. Louis-based company struck a multibillion-dollar deal to take over “world-class” Australian mines for metallurgical coal, used in steelmaking.

Just days earlier, Peabody — the world’s largest private-sector coal producer �...Read more

Justin Sullivan/Getty Images North America/TNS

Apple hit with employee lawsuit alleging privacy and speech violations

Business / Business News /

An Apple employee has sued the company, alleging it improperly requires access to personal data that employees store on the tech behemoth's iCloud.

The lawsuit, filed by Amar Bhakta, who has worked in advertising technology for Apple since 2020, also alleges the company's policies illegally restrict discussions about wages and working ...Read more

Brian van der Brug/Los Angeles Times/TNS

With bird flu cases on the rise, staff at California lab say they are overworked and burned out

Business / Business News /

On a recent Friday morning, Alyssa Laxamana arrived at a laboratory on the University of California-Davis campus to continue California's race against bird flu.

A note from her supervisor had alerted Laxamana that about 130 samples of cow milk and other dairy products were en route — a large but manageable workload. She got to work preparing ...Read more

David Guralnick/The Detroit News/TNS

GM sells stake in Ultium Lansing battery plant to partner LG Energy Solution

Business / Business News /

General Motors Co. is selling its stake in the Ultium Cells LLC battery plant planned for Lansing, Michigan, to its joint-venture partner LG Energy Solution, the automaker said Monday.

GM, which expects to recoup $1 billion from the investment, made the announcement amid a push by executives to be more capital-efficient and make its electric ...Read more

Bizuayehu Tesfaye/Las Vegas Review-Journal/TNS

$1B in homes: Las Vegas leads nation in investor purchases of homes

Business / Business News /

The Las Vegas Valley posted the biggest increase in the nation in investor purchases for the third quarter of this year, according to a new study from Redfin.

The valley posted a 27.9 percent increase from the second quarter, the biggest jump of any metro in the country, according to the study. This was higher than Seattle (21.8 percent) and ...Read more

Why two power outages struck the Philadelphia Airport this weekend

Business / Business News /

Philadelphia International Airport on Monday was still relying on a generator to power Terminal D after outages delayed more than 90 flights during one of the year’s busiest travel weekends.

An investigation determined that a “fault in the cabling system” caused the initial 16½-hour outage that delayed 70 flights Friday and Saturday, ...Read more

Hyoung Chang/The Denver Post/TNS

Colorado drivers start worker-owned ride-hailing platform to compete with Uber, Lyft

Business / Business News /

Ryan Branin wants to be part of something different.

For the past eight years, the 29-year-old has driven for Uber and Lyft. And like a growing movement of drivers, he’s fed up with his take-home pay constantly changing depending on criteria far beyond his control. He’s fed up with surge pricing. He’s fed up with supporting big tech over ...Read more

Dreamstime/Dreamstime/TNS

7 ways to invest like you're rich, even if you're not yet

Business / Business News /

The average American says they need an annual income of $520,000 to feel rich, according to Bankrate’s latest Financial Freedom Survey. While earning a lot of money may make you feel rich, there’s no amount that you can’t outspend. So, if you’re not transforming your high earnings into actual wealth, then you’re not a member of the ...Read more

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Stellantis CEO Carlos Tavares resigns amid 'different views' with board

Business / Business News /

Stellantis NV CEO Carlos Tavares resigned Sunday amid the automaker's recent declining profits, sharply falling sales this year in the United States and mounting criticism from dealers and unions in recent months.

The maker of Dodge, Chrysler, Jeep, Ram, Fiat and many other brands said in the surprise afternoon announcement that the company's ...Read more

US tightens curbs on china's access to AI memory, chip tools

Business / Business News /

The U.S. unveiled new restrictions on China’s access to vital components for chips and AI, escalating a campaign to contain Beijing’s technological ambitions but stopping short of earlier proposals that would have sanctioned more key Chinese firms.

The Department of Commerce slapped fresh curbs on the sale of high-bandwidth memory chips ...Read more

Karl Merton Ferron/Baltimore Sun/TNS

Maryland farmers endure a 'tough year' amid drought conditions

Business / Business News /

BALTIMORE — Soon to be 65, T. R. Robinette has been raising cattle in the fields of Western Maryland practically his whole life.

And this year featured the worst drought he can remember.

Starting in late May and early June, pastures went dry, and cattle farmers like Robinette were forced to use bales of hay, usually reserved for the winter, ...Read more

Rich Pope/Orlando Sentinel/TNS

Black Friday sales accelerate with online a bright spot

Business / Business News /

Black Friday sales grew at a faster pace in the U.S. this year, underscoring that choosy consumers are still opening their wallets when they find the right products.

Retail sales, excluding automotive, grew 3.4% on the day after Thanksgiving, the traditional start of the holiday shopping season, according to Mastercard SpendingPulse. That ...Read more

Robyn Beck/Getty Images of North America/TNS

Deal-hungry shoppers hit stores on Black Friday to kick off critical holiday season

Business / Business News /

LOS ANGELES — Bustling crowds and early-morning lines were back as this year’s Black Friday weekend kicked off — a hopeful sign for retailers as they head into the critical holiday shopping season with consumers still grappling with inflation and economic uncertainty.

Shoppers plan to spend an average of $650 during the four-day consumer ...Read more