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Recombinetics, which engineered hornless dairy bulls, files for bankruptcy

Business / Business News /

Recombinetics, whose hornless dairy bulls garnered national attention for the Eagan-based gene-editing company, has filed for Chapter 11 bankruptcy after it faced a net loss of more than $2.6 million between January and August.

The company said it faces $7.7 million in total liabilities as of Aug. 31 in a petition filed Monday with in U.S. ...Read more

Mario Tama/Getty Images North America/TNS

Delta's internal directory information leaked in data breach

Business / Business News /

Delta Air Lines acknowledged this week that information from its internal directory was leaked in a data breach of a third party, but said it did not include any sensitive employee information.

The data included “things like names, contact information and office location,” but no sensitive personal data, according to the Atlanta-based ...Read more

Brian Cassella/Chicago Tribune/TNS

Art Institute names tech billionaire, Groupon co-founder Eric Lefkofsky as board chairman

Business / Business News /

The Art Institute of Chicago has named tech billionaire and Groupon co-founder Eric Lefkofsky as its new board chairman, putting the serial entrepreneur in charge of overseeing the museum, the school and an ambitious plan to usher in an era of new development at the historic South Michigan Avenue campus.

Lefkofsky, 55, who joined the Art ...Read more

Hollywood intimacy coordinators unanimously vote to unionize under SAG-AFTRA

Business / Business News /

Intimacy coordinators have unanimously elected to unionize under the Screen Actors Guild-American Federation of Television and Radio Artists.

Members of the bargaining unit voted 100% in favor of unionization in an official election overseen by the National Labor Relations board, the union announced Tuesday.

Intimacy coordinators are the ...Read more

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

Amazon labor ruling outlaws mandatory anti-union meetings

Business / Business News /

Mandatory “captive audience” meetings in which companies argue against unionization are illegal, the National Labor Relations Board ruled in a case involving Amazon.com Inc., prohibiting one of employers’ most potent weapons against labor organizing campaigns.

Requiring workers to attend anti-union gatherings violates federal labor law ...Read more

Justin Sullivan/Getty Images North America/TNS

Michael Hiltzik: OpenAI just scored a huge victory in a copyright case ... or did it?

Business / Business News /

The snap judgment among legal experts was that a federal judge's dismissal on Nov. 7 of a copyright infringement lawsuit against OpenAI, the leader in advanced chatbots, will short-circuit an ever-growing effort by artists and writers to keep AI firms from stealing their content.

There's no question that the ruling handed down Thursday by Judge...Read more

Tobias Schwarz/AFP/GETTY IMAGES NORTH AMERICA/TNS

Meta must face trial after judge pares some FTC claims

Business / Business News /

Meta Platforms Inc. will face a somewhat scaled-back antitrust trial over its alleged dominance of social networking after a federal judge threw out some allegations by the U.S. Federal Trade Commission, but the heart of the case remains.

In a brief order on Wednesday, U.S. District Judge James Boasberg in Washington said he was narrowing one ...Read more

Dreamstime/Dreamstime/TNS

Amazon aims at Temu with low-priced storefront called Haul

Business / Business News /

Amazon.com Inc. has launched an online storefront designed to compete with Temu, the low-cost shopping app that gained traction with shoppers who trade longer shipping times for rock-bottom prices.

Amazon describes Haul, which is available in a beta version for shoppers who use the company’s smartphone app or mobile browsers, as an “...Read more

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