Business

/

ArcaMax

Leon Neal/Getty Images North America/TNS

US House votes to overturn Biden vehicle emissions rule

Business / Business News /

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

Evan Ramstad/Minnesota Star Tribune/TNS

FTC sues drug middlemen over manipulating insulin market

Business / Business News /

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

Willie J. Allen Jr./Orlando Sentinel/TNS

'Second class' in Disney Springs: Some restaurant workers push for better pay, benefits

Business / Business News /

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

Marcus & Millichap/Marcus & Millichap/TNS

Yes, Malibu has mobile home parks. And this one just quietly sold for about $200 million

Business / Business News /

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

Andrew Caballero-Reynolds/AFP/Getty Images North America/TNS

A Three Mile Island nuclear reactor could restart under a new deal with Microsoft

Business / Business News /

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

Marc Grasso/Boston Herald/TNS

Auto review: 2024 Cadillac Lyriq is modern EV enjoyment

Business / Business News /

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

Mazda/Mazda/TNS

Auto review: Rugged kin of CX-5 more capable, same refined interior

Business / Business News /

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

Spencer Platt/Getty Images North America/TNS

Rite Aid's answer to retail theft at Compton store: Lock up all its products

Business / Business News /

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 Review-Journal/Las Vegas Review-Journal/TNS

Las Vegas casinos are seeing a shortage of armed security guards

Business / Business News /

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

Henry Payne/The Detroit News/TNS

Auto review: Bountiful Buick Enclave is a lotta SUV for your cheddar

Business / Business News /

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

Business / Business News /

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

Stellantis/Stellantis/TNS

Auto review: 2024 Jeep Wrangler Rubicon 392 Final Edition that's not so final

Business / Business News /

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

K.M. Cannon/Las Vegas Review-Journal/TNS

Group calls on Nevada gambling regulators to eliminate smoking in casinos

Business / Business News /

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

Jonathan Raa/NurPhoto/Zuma Press/TNS

Social media platforms engaged in 'vast surveillance' and failed to protect young people, FTC finds

Business / Business News /

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

Henry Payne/The Detroit News/TNS

GM's Cruise returns to Bay Area a year after robotaxi-pedestrian crash

Business / Business News /

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

JAQUE DA SILVA/SOPA Images via ZUMA Press Wire/TNS

Amazon MGM Studios is joining the Motion Picture Association

Business / Business News /

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

Paul Bersebach/The Orange County Register/TNS

US mortgage rates fall further, stoking housing optimism

Business / Business News /

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

Business / Business News /

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

Amazon/TNS

Amazon launches Project Amelia, an AI assistant for third-party sellers

Business / Business News /

Amazon launched a new AI-powered personal assistant for third-party vendors Thursday, one of many new features the company rolled out for its independent sellers this week.

The assistant, internally called Project Amelia, answers questions for sellers, offers advice and, down the line, will diagnose problems and take action.

Amazon has already...Read more

Justin Sullivan/Getty Images North America/TNS

Will interest rate decline shake up California housing market?

Business / Business News /

For many prospective homebuyers, the last two years have been brutal as high home prices and mortgage rates produced the most unaffordable housing market since the 2000s bubble.

Many experts don't expect drastic improvement soon, but a shift could finally be underway.

The cost of a 30-year fixed mortgage has fallen from above 7% in May to the ...Read more