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David Guralnick/The Detroit News/TNS

Here are the winners: 2025 North American Car, Truck, Utility of the Year

Business / Business News /

DETROIT – The envelope, please . . .

Winners of the 2025 North American Car, Truck and Utility Vehicle of the Year are the Honda Civic Hybrid, Ford Ranger and Volkswagen ID.Buzz. The prestigious NACTOY awards kicked off the Detroit Auto Show Media Day on Friday morning as the event returned to its traditional January slot as the first auto ...Read more

Joe Raedle/Getty Images North America/TNS

Oshkosh ready for possible USPS shift to gas trucks from EVs

Business / Business News /

Oshkosh Corp. is prepared to provide the U. .Postal Service more gas-powered mail trucks if the agency cuts back orders for electric vehicles, which benefit from funding President-elect Donald Trump has criticized.

“We’ll do what they want us to do — supplying either gas or electric,” John Pfeifer, the company’s chief executive ...Read more

Justin Sullivan/Getty Images North America/TNS

Hiring picks up steam as employers add a quarter-million new jobs to close out the year

Business / Business News /

WASHINGTON — The U.S. economy created a burst of new jobs in December, capping a solid year of employment growth marked by big gains in health care and government payrolls, according to new figures released Friday.

The 256,000 jobs added last month was the most since March and far exceeded analysts’ expectations. The nation’s jobless ...Read more

Robert Gauthier/Los Angeles Times/TNS

What the Los Angeles fires might mean for the Bay Area home insurance market

Business / Business News /

SAN JOSE, Calif. -- The devastating wildfires burning through Los Angeles County this week are stoking concerns that California’s already faltering home insurance market could be thrown into deeper turmoil.

The fires engulfing thousands of homes come on the heels of reforms meant to stop insurers from fleeing the state following almost a ...Read more

Joe Raedle/Getty Images North America/TNS

Jeff Bezos' Blue Origin to debut new rocket in SpaceX challenge

Business / Business News /

After more than a decade of development, hype and pent-up demand, Jeff Bezos’ aerospace venture Blue Origin will at long last attempt to put a rocket into orbit.

New Glenn, originally intended to launch as early as 2020, is slated to fly on Sunday out of Cape Canaveral, Florida, during a nearly four-hour launch window that begins at 1 a.m. ...Read more

Andrea Renault/Getty Images North America/TNS

Michael Hiltzik: California employers wrap themselves in the 1st Amendment to kill a pro-worker law

Business / Business News /

It's always heartening to see the business establishment stand up for constitutional principles.

Well, almost always. Among the exceptions is when business leaders wrap themselves in the Constitution to secure their own privileges at the expense of the public interest.

That's the case with a curious little lawsuit the California Chamber of ...Read more

Rendering courtesy Delta/TNS/TNS

Planes flying like geese: Inside Delta's sustainability strategy

Business / Business News /

LAS VEGAS — Planes mimicking migrating geese to save energy. Aviation fuel made of cooking oil or downed timber waste. Aircraft wings that can change shape during flight to maximize efficiency.

These are some of the ideas Delta Air Lines thinks could help it reach its 2050 net zero emissions goal, outlined during the Atlanta company’s ...Read more

Acura/TNS/TNS

Auto review: 2025 Acura ZDX EV is a great Acura that's not really an Acura

Business / Business News /

We live in an automotive age when we have access to more horsepower than ever before. Yet given the clogged arteries that plague America’s metro areas, it’s unusable and therefore pointless. What good is a 0-60 mph time of 2.5 seconds if it only gets you to the next traffic jam a few seconds sooner? Fast cars don’t do you any good crawling...Read more

Cadillac/Cadillac/TNS

Auto review: Lyriq EV woos new-gen buyers with old-school Caddy elegance

Business / Business News /

STERLING HEIGHTS, Michigan — While my Cadillac Lyriq tester drove itself in Super Cruise at 75 mph on I-696 eastbound, I swiped through the gorgeous, curved 33-inch dash screen to show my friend, Peter, our Zmash Padel destination north of General Motors Co.’s engineering campus on Mound Road.

As we bore down on traffic, the Caddy ...Read more

Marc Grasso/Boston Herald/TNS

It's a sad day to be the 2024 BMW X1

Business / Business News /

Just as recent as last year, we tested the outstanding BMW X1, and its redesigned release to the consumer market. It boasted decent power, great fuel economy, superb comfort and good looks — just what most consumers are requiring in today’s inflated and car market.

In 2024, we test the BMW X1 M35i, an even better looking subcompact luxury ...Read more

Jason Armond/Los Angeles Times/TNS

For Hollywood workers, LA fires are the latest setback as productions halt

Business / Business News /

As the market for documentaries and other content slowed and work dried up in Hollywood, producer Kourtney Gleason was already worried about making the mortgage payments on the home she bought last year with her boyfriend.

Now, as raging fires have halted film and TV production in Southern California and many in the industry have lost homes, ...Read more

Genaro Molina/Los Angeles Times/TNS

What to know about temporary housing, rents, price gouging during fire storm

Business / Business News /

The Palisades and Eaton fires have burned thousands of homes in Los Angeles County, in the process creating refugees in a region with a persistent housing shortage.

For now, many of the displaced are staying in hotels, shelters or with friends and family. Others may be searching for a more permanent home in a rental. Many more will join them ...Read more

Emma McIntyre/Getty Images North America/TNS

Nonalcoholic beer boom: Actor Tom Holland's new beverage debuts at Target

Business / Business News /

Target is debuting Hollywood star Tom Holland’s new nonalcoholic beer as shoppers double down on alcohol-free options during Dry January and beyond.

Holland, known for his role as Marvel’s Spider-Man, launched the beer online last year, sharing stories from his own journey with sobriety on late-night talk shows and podcasts.

“I tried to ...Read more

Brian van der Brug/Los Angeles Times/TNS

How the devastating Los Angeles fires could deepen California's home insurance crisis

Business / Business News /

When raging wildfires tore through Pacific Palisades and other local communities this week, they not only left a path of destruction reminiscent of a World War II bombing campaign, but threatened to deepen a crisis that has already left hundreds of thousands of Californians struggling to find and keep affordable homeowners insurance.

The ...Read more

Justin Sullivan/Getty Images North America/TNS

Panera CEO resigns after less than two years

Business / Business News /

FENTON, Missouri — Panera Brands’ CEO is stepping down after less than two years of in the position, the parent company of Panera Bread said in a press release Tuesday.

José Alberto Dueñas’s resignation is effective immediately. Dueñas, former president and CEO of Einstein Bros. Bagels, became Panera CEO in July of 2023.

“I am ...Read more

Real estate Q&A: Why do I need two types of title insurance?

Business / Business News /

Q: We are buying our first home and are stretching our savings to pay for the down payment and closing costs, not to mention the moving expenses. Our lender sent us our closing cost estimate, which showed that “owner's title insurance” was optional, even though we were required to purchase “lender's title insurance.” What is the ...Read more

Dreamstime/Dreamstime/TNS

Faith-based investor group pushes UnitedHealth Group to study denials in wake of CEO murder

Business / Business News /

A group representing faith-based shareholders petitioned Minnesota-based UnitedHealth Group to develop a report on the human and economic toll that stems from limiting or delaying access to health care at the company’s massive insurance subsidiary.

The Interfaith Center on Corporate Responsibility said Wednesday it has filed a shareholder ...Read more

Dreamstime/Dreamstime/TNS

A complete guide to 401(k) retirement plans: What is a 401(k)?

Business / Business News /

If you’re working and already saving for retirement or plan to start socking away money soon, investing in a 401(k) plan can help you build a sizable nest egg.

If you’re thinking about signing up for a 401(k), or simply want to know more about how to take full advantage of this type of retirement savings vehicle, here’s everything you ...Read more

Genaro Molina/Los Angeles Times/TNS

If you lost your home or business in the wildfires, here's what to do next

Business / Business News /

With more than 1,100 structures already destroyed by three wildfires that continue to rage out of control around Los Angeles, homeowners and business owners face a long road ahead to recoup their losses.

Filing an insurance claim is one of the many tasks to take care of after the loss of a home or business. It is lengthy process that has become...Read more

Elizabeth Flores/Minneapolis Star Tribune/TNS

CHS profits plummet alongside lower global fuel, grain prices

Business / Business News /

CHS was already feeling the squeeze of depressed grain prices amid bountiful worldwide harvests, and now its oil refining business is hurting from ample global production.

The Inver Grove Heights-based cooperative saw profits cut in half, to $244.8 million, for its first fiscal quarter that ended Nov. 30.

The company, which owns the Cenex ...Read more