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Chipmaker Qualcomm to explore takeover of Intel
Qualcomm Inc. has approached Intel Corp. to discuss a potential acquisition of the struggling chipmaker, people with knowledge of the matter said, raising the prospect of one of the biggest-ever M&A deals.
California-based Qualcomm proposed a friendly takeover for Intel in recent days, according to the people, who asked not to be identified ...Read more
Chipmaker Qualcomm is said to explore takeover of Intel
Qualcomm Inc. has approached Intel Corp. to discuss a potential acquisition of the struggling chipmaker, people with knowledge of the matter said, raising the prospect of one of the biggest-ever M&A deals.
California-based Qualcomm proposed a friendly takeover for Intel in recent days, according to the people, who asked not to be identified ...Read more
US House votes to overturn Biden vehicle emissions rule
WASHINGTON — The U.S. House voted largely along party lines Friday to adopt a bill that would overturn a key Biden administration rule on tailpipe emissions from new vehicles amid a campaign season battle over electric cars.
The Michigan House delegation voted along party lines, and the measure now heads to the Senate for consideration.
The ...Read more
FTC sues drug middlemen over manipulating insulin market
The U.S. Federal Trade Commission sued units of CVS Health Corp., Cigna Group and UnitedHealth Group Inc. on Friday, accusing the drug middlemen of engaging in illegal rebate programs that drove up the price of insulin.
The agency said it filed a complaint in its administrative court alleging that CVS’s Caremark, Cigna’s Express Scripts and...Read more
'Second class' in Disney Springs: Some restaurant workers push for better pay, benefits
When guests arrive at Disney Springs in Florida and eat at one of the entertainment complex’s restaurants, they might assume that all the employees serving them with smiles work for Walt Disney World.
But the magic most people associate with Disney doesn’t exist for some Disney Springs’ employees, say union officials. They argue there is ...Read more
Yes, Malibu has mobile home parks. And this one just quietly sold for about $200 million
A sprawling mobile home park in Malibu, California, that was owned by the seaside city's founding family has been sold to one of the nation's largest owners of manufactured housing communities.
Point Dume Club of Malibu, which has 297 residences, will continue to operate and not be redeveloped into the kind of tony estates commonly found in ...Read more
A Three Mile Island nuclear reactor could restart under a new deal with Microsoft
Five years after a nuclear reactor at the Three Mile Island plant in central Pennsylvania closed amid financial troubles, its owner wants to bring it back online.
Baltimore-based Constellation Energy Corp. said Friday that it has signed a 20-year agreement with Microsoft under which the technology company will purchase power from Three Mile ...Read more
Auto review: 2024 Cadillac Lyriq is modern EV enjoyment
As manufacturers are on the chase to keep up with the competition, Cadillac delivers the Lyriq to Grasso’s Garage as its first ever all-electric vehicle release to the market. Sized like the Chevrolet Blazer EV, the Lyriq delivers great space, comfort and modern styling, all of which comes with a price.
Our tester, the loaded up Sport 3, came...Read more
Auto review: Rugged kin of CX-5 more capable, same refined interior
The CX-5 has led all Mazda crossovers on the sales charts, but its stablemate the CX-50 has bragging rights when the asphalt turns to dirt, gravel or sand.
That’s because the more rugged 2024 CX-50 is armed with standard all-wheel-drive, 8.6 inches of ground clearance and an off-road drive mode that shifts torque to the rear wheels for better...Read more
Rite Aid's answer to retail theft at Compton store: Lock up all its products
COMPTON, California — For years, stores across Southern California have been putting high-priced items behind lock and key to deter thieves.
The Rite Aid on the corner of Long Beach and Compton boulevards, though, takes this approach to security to a new extreme. Customers there are greeted by rows and rows of shelved items — makeup, chips,...Read more
Las Vegas casinos are seeing a shortage of armed security guards
LAS VEGAS — The importance of casino safety and a quick response was illustrated in early August when a man who stabbed two Red Rock Resort employees with a knife was apprehended after a confrontation in the casino.
Shayne Sussman, 25, was shot in the abdomen by a security guard on Aug. 3 and eventually charged with attempted murder and ...Read more
Auto review: Bountiful Buick Enclave is a lotta SUV for your cheddar
TILLAMOOK, Oregon— As Monty Python reminds us, cheddar is the most popular cheese in the world. Tillamook makes some of the world’s best, and its flagship creamery is on Oregon’s Pacific coast. It’s a great destination for a family adventure in, say, the 2025 Buick Enclave.
Buick’s flagship SUV offers a lot of goodies for your cheddar...Read more
EV startup Lucid marks entry into 'US hub of auto' with southeast Michigan office
SOUTHFIELD, Michigan — Silicon Valley-based Lucid Motors officially opened its Detroit-area offices this week with hopes of hiring local talent as it works to increase sales and launch its coming electric Gravity three-row SUV.
“It’s globally acknowledged that Michigan is the U.S. hub of automotive,” said Eric Bach, senior vice ...Read more
Auto review: 2024 Jeep Wrangler Rubicon 392 Final Edition that's not so final
When I saw the price of the 2024 Jeep Wrangler Rubicon 392 Final Edition, I was astounded by its $91,545 base price and MSRP of $108,475.
I looked twice. Then I considered all of the other cars I could put in my garage for that amount of lucre. Only after I wandered through my mind’s car dealership did I realize that this vehicle’s main ...Read more
Group calls on Nevada gambling regulators to eliminate smoking in casinos
Anti-smoking advocates are calling on Nevada gaming officials to put an end to smoking inside casinos and gambling establishments.
In an open letter Thursday to the Nevada Gaming Commission, Americans for Nonsmokers’ Rights took aim at what it perceives is the casino industry’s seemingly conflicted stance when it comes to allowing indoor ...Read more
Social media platforms engaged in 'vast surveillance' and failed to protect young people, FTC finds
Major social media platforms and video streaming services that gather a "staggering" amount of data from its users have failed to protect young people and safeguard online privacy, the Federal Trade Commission said Thursday.
"These surveillance practices can endanger people's privacy, threaten their freedoms, and expose them to a host of harms,...Read more
GM's Cruise returns to Bay Area a year after robotaxi-pedestrian crash
General Motors Co.'s Cruise LLC self-driving auto business is back on the roads in the Bay Area with mapping vehicles almost a year after a pedestrian accident there halted operations nationwide.
Cruise said Thursday it's deploying manual mapping vehicles in Sunnyvale and Mountain View and intends to progress to supervised testing with up to ...Read more
Amazon MGM Studios is joining the Motion Picture Association
LOS ANGELES — Amazon MGM Studios will soon join the Motion Picture Association, the lobbying arm of Hollywood's major studios announced Thursday.
The Seattle-based tech and retail giant — which distributes content via its theatrical arm, Amazon MGM, and its streaming service, Prime Video — will officially become the seventh member of the ...Read more
US mortgage rates fall further, stoking housing optimism
Mortgage rates continued their decline, hitting the lowest level since early February 2023.
The average for a 30-year, fixed loan was 6.09%, down from 6.2% last week, Freddie Mac said in a statement Thursday.
Borrowing costs have fallen significantly in recent weeks in anticipation of interest-rate cuts by the Federal Reserve. The central bank...Read more
Former Nevada board chief accuses gaming regulators of racial discrimination
A former chief of the Nevada Gaming Control Board’s Administration Division has filed a racial discrimination lawsuit against the board.
Jaime Black, a Control Board employee since 2014 and appointed to head the Administration Division in June 2017, said in the lawsuit she was pressured by Control Board member Brittnie Watkins to engage in ...Read more