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Aaron Lavinsky/The Minnesota Star Tribune/TNS

After many delays, $2B Iron Range project revives quest to create first new taconite mine since 1970s

Business / Business News /

NASHWAUK, Minnesota – An industrial resurrection seems afoot at a long-promising but snakebitten $2 billion-plus taconite project.

On a crisp fall morning, a construction site in this Iron Range city teemed with workers aiming to complete a venture given up for dead by just about everybody but its owner, Mesabi Metallics.

After years of ...Read more

EZQuest/EZQuest/TNS

Tech review: Gifts to keep the techie in your life charged up

Business / Business News /

Christmas is coming, and gift giving can be a challenge for the techies on your list.

This gift guide is centered on gifts that will help keep gadgets charged up.

Virtually everyone has a phone, tablet or laptop, which means they are always looking for better, faster, smarter ways to keep them charged up.

I’ve tested all of these ...Read more

Nelvin C. Cepeda/The San Diego Union-Tribune/TNS

AI is everywhere. How should schools handle it? Teachers' different approaches show its potential -- and limits

Business / Business News /

In Jeff Simon’s math class at Sage Creek High School in Carlsbad, California, students are not only allowed but encouraged to use AI.

Simon introduces students to artificial intelligence tools that explain, step by step, how to solve a math problem — all they have to do is take a picture of it. There are AI tools that graph equations and ...Read more

Alex Kormann/The Minnesota Star Tribune/TNS

Apple headphones can work as hearing aids. Leading hearing aid maker Starkey says it welcomes competition

Business / Business News /

Ross Graham loves loud bands like Nine Inch Nails, and in his younger days he used to frequent ear-numbing concerts and crank up the volume on his headphones. He thinks it was a 2013 concert by the Reverend Peyton’s Big Damn Band in Indianapolis that probably wrecked his hearing.

“I left and thought, ‘Wow, my hearing is not going to be ...Read more

Ellen M. Banner/The Seattle Times/TNS

Earnings for Seattle tech workers hit record high

Business / Business News /

Everyone knows Seattle tech workers make good money. Even so, when it comes to earnings, it’s remarkable how far they’ve pulled ahead.

New census data shows in 2023, Seattle residents who worked in computer and mathematical jobs had median earnings of about $157,200, up by about $14,000 from the 2022 estimate. This marks the first time ...Read more

Allen J. Schaben/Los Angeles Times/TNS

DirecTV plans to cancel Dish deal unless debt swap resolved

Business / Business News /

DirecTV intends to terminate its planned acquisition of Dish Network Corp. in 10 days if bondholders don’t agree to a debt exchange.

“A successful exchange was a condition for acquiring the Dish video business,” a DirecTV spokesperson said in an emailed statement. “Given the outcome of the EchoStar exchange, DirecTV will have no choice ...Read more

Gina Ferazzi/Los Angeles Times/TNS

NASA's Jet Propulsion Laboratory to lay off roughly 5% of its workforce

Business / Business News /

LOS ANGELES — NASA's Jet Propulsion Laboratory is preparing to lay off hundreds of employees this week, director Laurie Leshin said in a memo to staff sent Tuesday afternoon.

The La Cañada Flintridge research institution will let go of approximately 325 employees across the organization on Wednesday, or roughly 5% of its total staff, the ...Read more

Ellen M. Banner/The Seattle Times/TNS

Machinists return to work at an unsettled Boeing after 8-week strike

Business / Business News /

Boeing’s 33,000 Machinists union members went back at work Tuesday, restarting production at the company’s largest commercial airplane factories after an eight-week strike left the plants sitting idle.

The strike strained finances for Boeing, its workforce, aerospace suppliers and businesses surrounding the quieted factories, but it ended ...Read more

Ken Lambert/The Seattle Times/TNS

Strike slashed Boeing jet deliveries in October

Business / Business News /

With the Boeing Machinists on strike all of October, the company delivered just 10 jets in Washington state in the month, the company disclosed Tuesday.

Boeing delivered four additional 787s from its nonunion South Carolina assembly plant. The total of 14 deliveries for the month was the lowest since the height of the pandemic four years ago.

...Read more

Ellen M. Banner/The Seattle Times/TNS

Employees across Boeing face sweeping layoffs this week

Business / Business News /

Boeing employees will learn Wednesday who will lose their jobs in mid-January in the round of layoffs Boeing announced last month. The cuts will be broadly spread across the company and, despite some expectations earlier, engineers and production workers won’t be exempt.

On an earnings call late last month, new Boeing CEO Kelly Ortberg said ...Read more

Steve Niedorf/UnitedHealth Group/TNS

Justice Department sues to block UnitedHealth's $3.3 billion deal to acquire Amedisys

Business / Business News /

The U.S. Justice Department and four states sued Tuesday to block UnitedHealth Group’s proposed $3.3 billion acquisition of Amedisys, a Louisiana-based home health company that would further United’s push into the home care and hospice markets.

The complaint marks the second time in less than three years that DOJ has tried to stop Minnesota...Read more

Joe Burbank/Orlando Sentinel/TNS

Disney Cruise Line arrives to Port Canaveral with newest ship Disney Treasure

Business / Business News /

PORT CANAVERAL, Florida — The stars were still shining down amid the darkness of predawn Monday as a small crowd of Disney Cruise Line superfans spotted the new ship Disney Treasure far in the distance.

Crowded on the rocky inlet shore from Jetty Park, it was hard to miss with spotlights brushing over some low-floating clouds and then the ...Read more

Waymo/Waymo/TNS

Robotaxis open for business in Los Angeles

Business / Business News /

Anyone in Los Angeles will be able to digitally hail a Waymo robotaxi beginning Tuesday, but don't expect the driverless vehicle to jump onto a freeway.

Waymo announced it will begin Waymo One service in Los Angeles County but will limit its vehicles to surface streets, where the startup owned by Google's parent, Alphabet, has been testing the ...Read more

Jeff Kowalsky/AFP/Getty Images North America/TNS

UAW says agreement with GM will avoid strike at truck plant

Business / Business News /

A United Auto Workers local at General Motors Co.'s assembly plant in Fort Wayne, Indiana, told workers Monday it reached an agreement with the automaker to prevent what could have been a costly strike over issues at the facility.

The parties agreed on several items to avoid a strike at the plant, which local leadership threatened after GM laid...Read more

Frederic J. Brown/AFP/Getty Images North America/TNS

US consumer inflation outlook fell slightly, Fed survey shows

Business / Business News /

Households’ inflation expectations declined slightly, the outlook for personal income held steady and workers are feeling more confident about the job market, according to a Federal Reserve Bank of New York survey.

Inflation expectations dropped by 0.1 percentage point to 2.9% over the next year, by 0.2 percentage point to 2.5% over the next ...Read more

Evgeny Dissx/Dreamstime/TNS

Bitcoin nears $90,000 as crypto market exceeds pandemic-era peak

Business / Business News /

Bitcoin’s record-breaking rally took the digital asset close to $90,000 for the first time and lifted the overall value of the crypto market above its pandemic-era peak as traders bet on a boom under President-elect Donald Trump.

The largest token has jumped about 32% since the U.S. election on Nov. 5, hitting an all-time high of $89,599 on ...Read more

Oliver Sved/Dreamstime.com/TNS

Motormouth: Staying charged up

Business / Business News /

Q: I read your column every week and have learned a lot. Thank you for all the info. I live in Chicago and have a deep-cycle battery for my pop-up camper that I keep in my unheated garage between trips. I have it on a maintenance charger. Should I bring it indoors during the Chicago winter, or will the charger keep it ready (and undamaged) for ...Read more

Allie Schallert/St. Louis Post-Dispatch/TNS

Business groups promise to fight minimum wage boost in Missouri

Business / Business News /

ST. LOUIS — Retail and restaurant groups are promising to fight “with all available options” against the increase in the state’s minimum wage approved by voters this week.

The measure will increase prices for consumers and “impose significant financial burdens” on restaurants, grocery stores and other small businesses in Missouri, ...Read more

Robin Buckson/The Detroit News/TNS

With Trump headed back to the White House, here's how the UAW moves forward

Business / Business News /

The United Auto Workers' campaigns to keep President-elect Donald Trump out of the White House, to organize more nonunion auto plants and to pressure Stellantis NV over its commitments to an idled Jeep plant in Illinois haven't gone as planned.

But UAW President Shawn Fain on Friday characterized his term atop the union so far as "the most ...Read more

Matias J. Ocner/Miami Herald/TNS

Lower taxes, higher tariffs: What Trump's tax plans mean for you

Business / Business News /

Taxes may not be the first thing on your mind following the presidential election, but there’s no doubt that tax policy will play a key role in the year ahead, given that the 2017 Tax Cuts and Jobs Act (TCJA) is set to expire at the end of 2025.

The TCJA was the largest overhaul of the tax code in three decades, with massive changes for both ...Read more