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Meta can't escape states' claims it hooked kids on platforms

Business / Business News /

Meta Platforms Inc. must face a lawsuit by dozens of state attorneys general alleging it knowingly contributed to a youth mental health crisis by getting kids hooked on social media.

A federal judge in California on Tuesday sided with 34 attorneys general in allowing some of the claims over Meta’s Facebook and Instagram platforms to proceed ...Read more

Courtesy Delta/TNS/TNS

Delta is revamping its aircraft cabins with new seat colors, mood lighting

Business / Business News /

Delta Air Lines said it is revamping the interiors of aircraft cabins across its fleet with new colors and lighting.

It will include mood lighting for different phases of the flight and new seats with darker colors and memory foam cushions in Comfort+ and economy seats on wide-body jets.

The interior flourishes are an attempt by Delta to ease ...Read more

Boeing/TNS/TNS

Boeing expects 'substantial' losses in its defense work. That could hurt St. Louis jobs

Business / Business News /

Boeing expects “substantial new losses” in the company’s defense business in the coming months as experts warn it should brace for cuts, including among its military aircraft production — and 16,700 jobs — in the St. Louis region.

The company announced Friday it will dramatically slash its total workforce by about 10%, or about 17,000...Read more

Terrence Antonio James/Chicago Tribune/TNS

Walgreens, grappling with continued financial losses, lays out plan to shutter 1,200 drugstores

Business / Business News /

Walgreens Boots Alliance plans to close 1,200 of its stores over the next three years, as it grapples with continued financial losses, the company announced Tuesday.

About 500 of those stores will close in fiscal year 2025. The Deerfield, Illinois-based company now has more than 8,000 U.S. stores, meaning it plans to close about 14% of its ...Read more

Myung J. Chun/Los Angeles Times/TNS

SAG-AFTRA, video game companies resuming negotiations as actors' strike continues

Business / Business News /

Performers union SAG-AFTRA and the major gaming companies are returning to the bargaining table for the first time since video game actors went on strike in July.

The Screen Actors Guild-American Federation of Television and Radio Artists and the game developers released a joint statement on Tuesday announcing that the parties are set to resume...Read more

Kim Hairston/Baltimore Sun/TNS

Perdue faces class action lawsuit over PFAS contamination in Maryland

Business / Business News /

Salisbury, Maryland, residents have filed a class action lawsuit against a Perdue Farms subsidiary over PFAS contamination found in groundwater on its site.

The federal lawsuit, filed Friday in the U.S. District Court of Maryland, alleges that Perdue AgriBusiness was reckless in its disposal of PFAS-containing wastewater, causing the ...Read more

Michael Blackshire/Los Angeles Times/TNS

Wedbush Securities joins downtown LA exodus, opting for smaller, more flexible office in Pasadena

Business / Business News /

One of downtown Los Angeles' familiar tenants is pulling up stakes as the office rental market continues to contract from shrinking occupancy stoked by the pandemic.

Financial services firm Wedbush Securities has begun its move from a prominent office tower to Pasadena, where it will occupy much smaller offices meant to accommodate employees...Read more

A search for sex-crime victims on cruise ships as Florida travelers line up to sue

Business / Business News /

Two young sisters and their mom boarded Royal Caribbean’s Symphony of the Seas in Fort Lauderdale on a February afternoon for an eight-day family vacation, eager for an escape to Aruba’s pristine beaches and Curacao’s crystal clear water.

At sea the next day, the younger sister, while using her cabin bathroom, noticed something strange ...Read more

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

Kroger-Albertsons merger needed to close pricing gap with Walmart, executives testify

Business / Business News /

Two top Kroger Co. executives took the stand Monday in the Denver District Court antitrust trial seeking to block the grocer’s $24.6 billion merger with Albertsons Cos., arguing the combination is key to competing with Walmart and will not harm Colorado consumers.

“We are maniacally focused on Walmart and their pricing. For 20 years we have...Read more

Helen H. Richardson/The Denver Post/TNS

Did bogus business filings artificially boost Colorado's economic data? And what should the state do?

Business / Business News /

Colorado residents have formed a record number of new businesses this decade, especially after the state reduced the filing fee for new limited liability companies or LLCs to $1 in the summer of 2022.

The fee holiday, however, also triggered a surge in fraud, as evidenced by a lawsuit against one individual who registered more than 15,000 new ...Read more

Justin Sullivan/Getty Images North America/TNS

US weighs capping exports of AI chips from Nvidia and AMD to some countries

Business / Business News /

Biden administration officials have discussed capping sales of advanced AI chips from Nvidia Corp. and other American companies on a country-specific basis, people familiar with the matter said.

The approach would set a ceiling on export licenses for certain countries in the interest of national security, according to the people, who described ...Read more

Zbigniew Bzdak/Chicago Tribune/TNS

EVs have a 'Republican problem' with divide deepening ahead of election

Business / Business News /

Tucked between the onslaught of Donald Trump and Kamala Harris ads flooding Michigan’s airwaves ahead of the U.S. election is a six-figure TV blitz that, on the surface, has nothing to do with politics. Rather, the 30-second spots are aimed at convincing swing-state voters of the merits of buying electric vehicles.

“Forget the political ...Read more

Dreamstime/TNS

UnitedHealth Group stock falls more than 8% following Q3 earnings report, 2025 forecast

Business / Business News /

UnitedHealth Group stock fell more than 8% in early trading Tuesday as the Minnesota-based health care giant reported higher medical spending during the three-month period ending Sept. 30 and updated its earnings forecast for 2025.

Across the industry, rising medical costs have been cited as a factor in premium increases, including jumps for ...Read more

Shae Hammond/Bay Area News Group/TNS

Proposition 32 would raise California's minimum wage to $18 -- but would it cost jobs or lead to higher prices?

Business / Business News /

A closely fought ballot initiative on the Nov. 5 ballot, bankrolled by a deep-pocketed anti-poverty crusader, would raise California’s state-wide minimum wage to $18 an hour.

An extra $2 an hour is alluring to those struggling to survive in a state known for its high prices, but business owners are worried about what that means for their own ...Read more

Hyosub Shin/Atlanta Journal-Constitution/TNS

How Atlanta's top business leaders are using AI in the workplace

Business / Business News /

It’s hard to put the genie back in the bottle.

New research indicates generative artificial intelligence technologies have been adopted at a faster pace than the internet or personal computers, from chatbots like ChatGPT to image generators like Midjourney.

Generative AI tools, which analyze large subsets of data, recognize patterns and ...Read more

Ken Lambert/The Seattle Times/TNS

Boeing layoff plan suggests deep white-collar job cuts

Business / Business News /

SEATTLE — The major Boeing layoffs announced last week will all be involuntary, meaning the company won’t offer severance packages to encourage employees to exit.

And according to the “Reduction In Force” plan presented to Boeing Commercial Airplanes managers Monday, members of the Machinists union will, for now, not be among the 10% of...Read more

Stellantis/TNS/TNS

Stellantis CEO to dealers on bumpy EV sales: 'Deal with it'

Business / Business News /

Stellantis NV CEO Carlos Tavares' message to dealers and suppliers struggling over profitability on a bumpy road to increasing adoption of electric vehicles is: "Deal with it."

Tavares' remarks on Monday during a media roundtable at the Paris Motor Show came mostly in the context of the European market, where Stellantis will have 40 all-...Read more

Eileen T. Meslar/Chicago Tribune/TNS

Chicago made a bit of money on NASCAR race in 2024

Business / Business News /

NASCAR’s second year in Chicago came with slightly sunnier skies, slightly fewer critics and an ad hoc deal that helped the city’s bottom line improve slightly, ending the big downtown race weekend a few hundred thousand dollars in the black.

That was an improvement over 2023, when critics not only ripped the inconvenience of closed roads ...Read more

Bizuayehu Tesfaye/Las Vegas Review-Journal/TNS

What could film studios in Southern Nevada do for the economy?

Business / Business News /

An economic study commissioned to gauge the impact of building a film and TV studio suggests one studio project could create 16,000 jobs and contribute about $1.2 billion to Nevada’s state economic output.

Warner Bros. Discovery said their proposal to build a 34-acre campus – called Warner Bros. Studios Nevada – in partnership with ...Read more

A new Denver data center could use as much water as 16,000 people every day. Should the city give it a tax break?

Business / Business News /

A proposed tax break for a new data center in north Denver is facing questions from city leaders concerned about the project’s water and energy needs in a city trying to reduce carbon emissions and conserve water amid a 20-year drought.

Denver-based CoreSite plans to build a new data center in the Elyria-Swansea neighborhood to provide ...Read more