Business
/ArcaMax
![Apu Gomes/Getty Images North America/TNS](https://resources.arcamax.com/newspics/cache/w300lh200/303/30373/3037366.jpg)
Elon Musk's Grok is a risky experiment in AI content moderation
(Bloomberg) — A deluge of bizarre computer-generated images swept Elon Musk’s social platform X last week — including violent, offensive and sexually suggestive content. In one, Trump piloted a helicopter as the World Trade Center buildings burned in the background. In others, Kamala Harris wore a bikini, and Donald Duck used heroin. ...Read more
Jon Talton: Starbucks' new CEO faces a venti-sized turnaround challenge
It’s difficult to say precisely when my discontent with Starbucks set in, but Wall Street’s displeasure with the company became clear earlier this month with the sudden ejection of Laxman Narasimhan as CEO and his replacement by Brian Niccol.
Narasimhan, an alumnus of the consulting firm McKinsey with little experience in the restaurant ...Read more
![Artur Szczybylo/Dreamstime/TNS](https://resources.arcamax.com/newspics/cache/w300lh200/303/30373/3037364.jpg)
Survey: In a cooling job market, 48% of workers plan to look for a new job in the next year
Following the COVID-19 recession, the job market boomed. Workers experienced a historic amount of bargaining power. Phrases like the “Great Resignation” and “quiet quitting” were part of Americans’ everyday lingo, and unemployment hit its lowest point in 54 years.
Today, that’s no longer the case. The U.S. job market has been slowly...Read more
![George Avalos/Bay Area News Group/TNS](https://resources.arcamax.com/newspics/cache/w300lh200/303/30371/3037121.jpg)
New waves of Cisco layoffs surface as tech job cuts worsen in Bay Area
SAN JOSE, California — Fresh waves of job cuts have surfaced at Cisco Systems, which will chop dozens more workers in San Jose as tech companies slash hundreds of positions in the latest round of staffing reductions.
Cisco Systems has decided to eliminate another 53 jobs in the South Bay, according to an official WARN notice the legendary ...Read more
The richest man in Pennsylvania invests in kids' soccer classes, car repair, hiring tech and more
From its busy trading floors just outside Philadelphia, Susquehanna International Group has grown since its 1987 founding into one of the dozen biggest U.S. firms that bet their own money — trillions a year, in Susquehanna's case — on stocks, options, futures, and anything else that changes hands in securities markets.
Susquehanna's success...Read more
![Brian van der Brug/Los Angeles Times/TNS](https://resources.arcamax.com/newspics/cache/w300lh200/303/30371/3037118.jpg)
Bronfman drops out of Paramount bidding; Skydance to claim prize
Billionaire entertainment executive Edgar Bronfman Jr. has bowed out of his long-shot bid to gain control of Paramount Global, clearing the way for David Ellison's Skydance Media to claim the prize.
The move comes less than a week after Paramount's special committee of independent directors extended a deadline for the "go-shop" period to review...Read more
![Tom Gralish/The Philadelphia Inquirer/TNS](https://resources.arcamax.com/newspics/cache/w300lh200/303/30370/3037029.jpg)
Inflation is cooling. Here's what a Temple professor says you should do now
Inflation is under 3% for the first time in three years, according to the Consumer Price Index Report released earlier this month, with the Federal Reserve poised to begin interest-rate cuts starting next month.
In July, inflation dropped to 2.9% year-over-year, the Bureau of Labor Statistics reported. That was a slight decrease from June, ...Read more
![Kevin Spear/Orlando Sentinel/TNS](https://resources.arcamax.com/newspics/cache/w300lh200/303/30369/3036940.jpg)
Mormon church seeks to annex 52,450 acres of ranchland to Orlando
An investment arm of the Mormon church applied today to annex 52,450 acres of ranchland to the city of Orlando, Florida, a massive addition that would increase the physical size of the city by nearly 60 percent.
The land-owning entity, known as Farmland Reserve, says it has no immediate plans to develop the land, which will be annexed as the �...Read more
![Dreamstime/Dreamstime/TNS](https://resources.arcamax.com/newspics/cache/w300lh200/303/30367/3036727.jpg)
Stop & Stop ending all sales of cigarettes
Stop & Stop announced Monday that it will stop selling all cigarettes and tobacco products at its 360 stores throughout the Northeast — including nearly 90 in Connecticut — by the end of this week.
The grocer said the decision was, in part, an expansion of its commitment to promote community wellness. In addition to its pharmacy, Stop & ...Read more
![Eileen T. Meslar/Chicago Tribune/TNS](https://resources.arcamax.com/newspics/cache/w300lh200/303/30367/3036726.jpg)
Kroger-Albertsons deal heads to court with food prices in focus
Kroger Co. and Albertsons Cos. are finally getting their day in court.
Nearly two years after the acquisition was announced, the grocery giants on Monday started a federal court hearing in Portland, Oregon, on the US Federal Trade Commission’s bid to block the $24.6 billion deal. The FTC alleges the tie-up would lead to higher grocery prices ...Read more
![Eileen T. Meslar/Chicago Tribune/TNS](https://resources.arcamax.com/newspics/cache/w300lh200/303/30365/3036518.jpg)
Kroger-Albertsons deal heads to court with food prices in focus
Kroger Co. and Albertsons Cos. are finally getting their day in court.
Nearly two years after the merger was announced, the grocery giants on Monday start a federal court hearing in Portland, Oregon, on the U.S. Federal Trade Commission’s bid to block the $24.6 billion deal. The FTC alleges the tie-up would lead to higher grocery prices for ...Read more
![Allen J. Schaben/Los Angeles Times/TNS](https://resources.arcamax.com/newspics/cache/w300lh200/303/30365/3036517.jpg)
EV maker Fisker to be liquidated under plan to keep owners on the road
Troubled electric vehicle maker Fisker Inc. has reached a settlement with creditors that will allow it to liquidate its assets while working with owners to keep their pricey SUVs on the road.
The company filed for Chapter 11 bankruptcy protection in June after failing to reach a strategic agreement with another automaker that could provide it ...Read more
![NTSB Preliminary Report/NTSB Preliminary Report/TNS](https://resources.arcamax.com/newspics/cache/w300lh200/303/30365/3036510.jpg)
Inside Boeing's factory lapses that led to the Alaska Air blowout
The near-catastrophic midair blowout of a door-sized fuselage panel on an Alaska Airlines 737 Max 9 in January was caused by two distinct manufacturing errors by different crews on successive days last fall in Boeing’s assembly plant in Renton, Washington.
The first manufacturing lapse occurred within a four-hour window early Sept. 18. On the...Read more
![Dreamstime/Dreamstime/TNS](https://resources.arcamax.com/newspics/cache/w300lh200/303/30365/3036509.jpg)
Motormouth: Ceramic coating
Q: I recently ordered a new 2024 Ford F-150 crew cab. I am considering having a ceramic coat done by a local detail shop. They’re asking $3,200 and state that they’ll provide a lifetime warranty. Your thoughts on this product?
T.M., New Lenox, Illinois
A: It's good stuff. It had better be for that price! Even the best car wax products are ...Read more
![Matthew Horwood/Getty Images North America/TNS](https://resources.arcamax.com/newspics/cache/w300lh200/303/30365/3036507.jpg)
Uber hit by record $324 million fine for data transfers to US
Uber Technologies Inc. was hit by a record €290 million ($324 million) fine by the Dutch privacy watchdog for failing to abide by European protection standards when it shipped swathes of sensitive data about its drivers to the U.S.
The Dutch Data Protection Authority said Uber was collecting information of drivers from Europe, such as taxi ...Read more
![Dreamstime/Dreamstime/TNS](https://resources.arcamax.com/newspics/cache/w300lh200/303/30364/3036446.jpg)
Survey: ATM fees reach 26-year high while overdraft fees inch back up
Accessing the money from your checking or savings account keeps getting more expensive, if you’re using an out-of-network ATM. In fact, average total ATM fees continue their climb to $4.77 this year, according to Bankrate’s 2024 checking account and ATM fee study. This reflects an increase from $4.73 last year and the highest annual amount ...Read more
![Dreamstime/Dreamstime/TNS](https://resources.arcamax.com/newspics/cache/w300lh200/303/30364/3036443.jpg)
Inherited 401(k) rules: What beneficiaries need to know
If a loved one has named you as a beneficiary of their 401(k), knowing how to make the best use of the bequest is another way to honor them. How to best use an inherited 401(k) depends on a number of factors — first and foremost your relationship with the primary account holder.
Here are the key rules to know when inheriting a 401(k) and how ...Read more
![PRNEWSWIRE/TNS](https://resources.arcamax.com/newspics/cache/w300lh200/303/30355/3035567.jpg)
New Boeing CEO faces hard choices after NASA snubs Starliner for SpaceX
After a humiliating setback to its space ambitions, Boeing Co. faces a dilemma that pits its national duty against strained cash reserves.
The decision about the future of the struggling Starliner program now rests with Boeing’s newly installed chief executive officer, Kelly Ortberg, after NASA announced Saturday that it wouldn’t send ...Read more
![Jason Armond/Los Angeles Times/Los Angeles Times/TNS](https://resources.arcamax.com/newspics/cache/w300lh200/303/30346/3034616.jpg)
Albertsons executives deleted texts about Kroger merger to destroy evidence, FTC says
Federal regulators accused Albertsons executives of deleting text messages relevant to a lawsuit challenging the Boise, Idaho, company’s merger with Kroger, according to a filing in a federal court in Portland, Oregon.
But a judge on Friday rejected the Federal Trade Commission’s request for a ruling that would have let the judge draw an ...Read more
![Gary Coronado/Los Angeles Times/TNS](https://resources.arcamax.com/newspics/cache/w300lh200/303/30338/3033842.jpg)
Disney fined $36,000 after crew member fell to his death on Marvel TV set
LOS ANGELES — Cal/OSHA has fined Disney $36,000 in connection with the death of Juan "Spike" Osorio, a lighting technician who fell through a faulty catwalk on the Studio City set of a Marvel TV series.
The workplace safety agency issued the citations several months after Osorio plummeted 41 feet to his death behind the scenes of "Wonder Man...Read more