Business
/ArcaMax
Trump victory forces once vocal corner of Wall Street to regroup
Donald Trump’s return to the White House is forcing one of Wall Street’s more jargon-filled corners to rethink its talking points.
Investment managers targeting climate change — a concept Trump has referred to as both a “scam” and a “hoax” — say it’s time to start speaking in terms that don’t alienate the millions of ...Read more
SEC fines UPS $45 million, saying it improperly valued freight business
UPS has agreed to pay $45 million to settle a complaint with the U.S. Securities and Exchange Commission, which alleges the Sandy Springs-based shipper improperly valued one of its businesses.
The SEC alleges UPS misrepresented its earnings because of improper valuation of its UPS Freight unit, which it agreed to sell in 2021.
The SEC said it ...Read more
Stanford professor likely used AI chatbot like ChatGPT for court submission, lawyers claim
A Stanford professor serving as an expert in a federal court lawsuit over fakery created by artificial intelligence submitted a sworn declaration containing false information likely made up by an AI chatbot, a legal filing claims.
The declaration submitted by Jeff Hancock, professor of communication and founding director of the Stanford Social ...Read more
Econometer: What are you thankful for about the economy?
The San Diego Union-Tribune’s panel of economists and business leaders reflect on the past year and share what they’re grateful for this year.
Question: What are you most thankful for, economically, this Thanksgiving?
Economists
Caroline Freund, University of California-San Diego School of Global Policy and Strategy
Innovative economy:...Read more
Coca-Cola's AI holiday ad sparks controversy for not being the 'real thing'
For more than a century, Atlanta beverage giant Coca-Cola has released holiday ads that have closely shaped much of the imagery associated with Christmas. Think Santa Claus and polar bears.
This year, some of Coca-Cola’s holiday ads airing on TV look a little different. They’re generated by artificial intelligence.
In what is the company�...Read more
Chicago commission approves creation of quantum computer research park on former steel mill site
CHICAGO — The South Side took another step toward becoming a national computer hub Thursday when the Chicago Plan Commission approved the creation of a quantum computer research park on the long-vacant U.S. Steel South Works site.
The vote came after hours of impassioned testimony from dozens of community residents. Many said the project ...Read more
'Two weeks of loss': Small businesses brace for impact from Las Vegas Grand Prix
As the Las Vegas Strip prepares for a major motorsports event on the roads this week, some bartenders at a small casino within the Grand Prix circuit are taking off instead of picking up shifts during the Formula One weekend.
“My bartenders all wanted the week off because they did no money last year,” Randy Markin, owner of Stage Door ...Read more
Should you get a jump on holiday shopping this year?
The day after Thanksgiving — Black Friday — is typically the kickoff to the holiday shopping season. But a San Diego marketing expert thinks bargains can be found as early as this weekend because Turkey Day comes later than usual this year.
“We might see greater competition (among retailers) and you may see base discounts bump up into the...Read more
LA Auto Show: North American Car, Truck, Utility of the Year finalists unveiled
LOS ANGELES — And then there were nine.
Finalists for 2025 North American Car, Truck and Utility Vehicle of the Year (NACTOY) were announced Thursday to kick off the Los Angeles Auto Show. In a variety pack of nominees, Detroit brands scored four nominations.
Car of the Year finalists are the $29,845 Honda Civic Hybrid, $23,145 Kia K4 and $...Read more
Auto review: 2024 Lincoln Nautilus boasts big style and design
As Ford Motor Co.’s upscale brand has had some hurdles in recent years, recently with new releases and lackluster profits, the Lincoln Nautilus arrives in Grasso’s Garage with a bang. Wrapped in beautiful Blue Panther Metallic paint, our Nautilus AWD Black Label tester was appealing to onlookers and riders alike.
On the inside, the Nautilus...Read more
Survey: 72% of people are concerned they won't see promised Social Security benefits, upon retirement age
Social Security has been an important safety net for Americans for nearly 90 years, and today, the majority of Americans expect to rely on it when they retire. However, a new Bankrate survey shows many people are concerned they won’t receive those benefits once they reach retirement age.
More than half (53%) of Americans who haven’t retired...Read more
Auto review: GMC Sierra Denali EV goes toe-to-V8 with heavyweight champ, Sierra Denali ICE
Woodside, California — Forget Mike Tyson vs. Jake Paul. The heavyweight fight to watch is GMC Sierra Denali Ultimate vs GMC Sierra Denali EV.
That's right, the gold-studded GMC brothers are facing off in a V-8 vs. battery death match.
Along with Honda, General Motors Co. is the most committed legacy automaker to an electric future. It even ...Read more
Auto review: 2025 Hyundai Tucson Hybrid a true Jekyll/Hyde SUV
If you live in Florida, California, New York, Texas or Georgia, you’ll particularly appreciate the 2025 Hyundai Tucson. These states lead the nation in plastic surgeries, accounting for 92% of procedures, according to the International Society of Aesthetic Plastic Surgery. So if you live there, odds are better that you’ve had work done. So ...Read more
With Trump as president, can TikTok in the US survive?
The fate of TikTok in the U.S. has been up in the air since 2020, when President Donald Trump moved to ban the popular video app because of national security concerns.
That set off four years of back-and-forth between the app’s Chinese owners and the U.S. government, with a possible ban scheduled to go into effect one day before Trump’s ...Read more
Advance Auto Parts to close hundreds of stores, shut down West Coast operations
A plan by Advance Auto Parts to stem deepening losses by closing hundreds of stores will result "in a complete exit of certain markets on the West Coast" as the company shutters California locations, its chief executive said.
The national auto supply chain plans to close more than 725 locations around the country as well as four distribution ...Read more
DirecTV to call off Dish takeover after bondholders balk
DirecTV has notified EchoStar Corp. of its intention to terminate an acquisition of Dish Network Corp. after they failed to win the consent of bondholders for a key debt exchange, all but killing a deal to create the largest U.S. pay-TV service.
DirecTV, which warned this month it would terminate the deal by midnight Friday without an ...Read more
Percentage of nonresident workers in Alaska hits highest point in years
ANCHORAGE, Alaska — The number of nonresidents in the Alaska workforce has reached its highest rate in nearly 25 years.
About 22.5% of Alaska's workforce lived outside Alaska in 2023, the highest since at least 2000, according to preliminary data released by Dan Robinson, research chief with the Alaska Department of Labor and Workforce ...Read more
Hyundai unveils upscale, electric, three-row Ioniq 9 at LA Auto Show
LOS ANGELES — While other manufacturers have moved away from auto show reveals in recent years, Hyundai Motor Co. has embraced the big tent. That includes the Los Angeles Auto Show, where the brand has pulled the sheets off a parade of new vehicles in the last four years including the gas-powered Palisade and Santa Fe SUVs and the battery-...Read more
How Trump's FCC chief pick could make life more difficult for media companies
President-elect Trump's nomination of Brendan Carr as the next chairman of the Federal Communications Commission is bringing both hope and fear to the media industry.
For media executives, the hope comes in the promise of industry consolidation.
Companies such as Fox Television Stations, Nexstar Media Group, Tegna and Gray Media are eager to ...Read more
An affordable housing complex for Hollywood workers grapples with tenant complaints
Dozens of tenants at an affordable housing complex for arts and entertainment workers are in rebellion amid a dispute over a rent increase and other alleged issues at the Hollywood property.
A group of residents at the Hollywood Arts Collective released a statement Thursday accusing Thomas Safran & Associates, the property management company, ...Read more
Popular Stories
- SEC fines UPS $45 million, saying it improperly valued freight business
- Coca-Cola's AI holiday ad sparks controversy for not being the 'real thing'
- Stanford professor likely used AI chatbot like ChatGPT for court submission, lawyers claim
- Econometer: What are you thankful for about the economy?
- Percentage of nonresident workers in Alaska hits highest point in years