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Trump victory forces once vocal corner of Wall Street to regroup

Business / Business News /

Donald Trump’s return to the White House is forcing one of Wall Street’s more jargon-filled corners to rethink its talking points.

Investment managers targeting climate change — a concept Trump has referred to as both a “scam” and a “hoax” — say it’s time to start speaking in terms that don’t alienate the millions of ...Read more

John Spink/The Atlanta Journal-Constitution/TNS

SEC fines UPS $45 million, saying it improperly valued freight business

Business / Business News /

UPS has agreed to pay $45 million to settle a complaint with the U.S. Securities and Exchange Commission, which alleges the Sandy Springs-based shipper improperly valued one of its businesses.

The SEC alleges UPS misrepresented its earnings because of improper valuation of its UPS Freight unit, which it agreed to sell in 2021.

The SEC said it ...Read more

Karl Mondon/Bay Area News Group/TNS

Stanford professor likely used AI chatbot like ChatGPT for court submission, lawyers claim

Business / Business News /

A Stanford professor serving as an expert in a federal court lawsuit over fakery created by artificial intelligence submitted a sworn declaration containing false information likely made up by an AI chatbot, a legal filing claims.

The declaration submitted by Jeff Hancock, professor of communication and founding director of the Stanford Social ...Read more

Dreamstime/Dreamstime/TNS

Econometer: What are you thankful for about the economy?

Business / Business News /

The San Diego Union-Tribune’s panel of economists and business leaders reflect on the past year and share what they’re grateful for this year.

Question: What are you most thankful for, economically, this Thanksgiving?

Economists

Caroline Freund, University of California-San Diego School of Global Policy and Strategy

Innovative economy:...Read more

The Coca-Cola Company/The Coca-Cola Company/TNS

Coca-Cola's AI holiday ad sparks controversy for not being the 'real thing'

Business / Business News /

For more than a century, Atlanta beverage giant Coca-Cola has released holiday ads that have closely shaped much of the imagery associated with Christmas. Think Santa Claus and polar bears.

This year, some of Coca-Cola’s holiday ads airing on TV look a little different. They’re generated by artificial intelligence.

In what is the company�...Read more

Stacey Wescott/Chicago Tribune/TNS

Chicago commission approves creation of quantum computer research park on former steel mill site

Business / Business News /

CHICAGO — The South Side took another step toward becoming a national computer hub Thursday when the Chicago Plan Commission approved the creation of a quantum computer research park on the long-vacant U.S. Steel South Works site.

The vote came after hours of impassioned testimony from dozens of community residents. Many said the project ...Read more

K.M. Cannon/Las Vegas Review-Journal/TNS

'Two weeks of loss': Small businesses brace for impact from Las Vegas Grand Prix

Business / Business News /

As the Las Vegas Strip prepares for a major motorsports event on the roads this week, some bartenders at a small casino within the Grand Prix circuit are taking off instead of picking up shifts during the Formula One weekend.

“My bartenders all wanted the week off because they did no money last year,” Randy Markin, owner of Stage Door ...Read more

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

Should you get a jump on holiday shopping this year?

Business / Business News /

The day after Thanksgiving — Black Friday — is typically the kickoff to the holiday shopping season. But a San Diego marketing expert thinks bargains can be found as early as this weekend because Turkey Day comes later than usual this year.

“We might see greater competition (among retailers) and you may see base discounts bump up into the...Read more

Henry Payne, The Detroit News/The Detroit News/TNS

LA Auto Show: North American Car, Truck, Utility of the Year finalists unveiled

Business / Business News /

LOS ANGELES — And then there were nine.

Finalists for 2025 North American Car, Truck and Utility Vehicle of the Year (NACTOY) were announced Thursday to kick off the Los Angeles Auto Show. In a variety pack of nominees, Detroit brands scored four nominations.

Car of the Year finalists are the $29,845 Honda Civic Hybrid, $23,145 Kia K4 and $...Read more

Marc Grasso/Boston Herald/TNS

Auto review: 2024 Lincoln Nautilus boasts big style and design

Business / Business News /

As Ford Motor Co.’s upscale brand has had some hurdles in recent years, recently with new releases and lackluster profits, the Lincoln Nautilus arrives in Grasso’s Garage with a bang. Wrapped in beautiful Blue Panther Metallic paint, our Nautilus AWD Black Label tester was appealing to onlookers and riders alike.

On the inside, the Nautilus...Read more

Survey: 72% of people are concerned they won't see promised Social Security benefits, upon retirement age

Business / Business News /

Social Security has been an important safety net for Americans for nearly 90 years, and today, the majority of Americans expect to rely on it when they retire. However, a new Bankrate survey shows many people are concerned they won’t receive those benefits once they reach retirement age.

More than half (53%) of Americans who haven’t retired...Read more

Henry Payne/The Detroit News/TNS

Auto review: GMC Sierra Denali EV goes toe-to-V8 with heavyweight champ, Sierra Denali ICE

Business / Business News /

Woodside, California — Forget Mike Tyson vs. Jake Paul. The heavyweight fight to watch is GMC Sierra Denali Ultimate vs GMC Sierra Denali EV.

That's right, the gold-studded GMC brothers are facing off in a V-8 vs. battery death match.

Along with Honda, General Motors Co. is the most committed legacy automaker to an electric future. It even ...Read more

DREW PHILLIPS/Hyundai/TNS

Auto review: 2025 Hyundai Tucson Hybrid a true Jekyll/Hyde SUV

Business / Business News /

If you live in Florida, California, New York, Texas or Georgia, you’ll particularly appreciate the 2025 Hyundai Tucson. These states lead the nation in plastic surgeries, accounting for 92% of procedures, according to the International Society of Aesthetic Plastic Surgery. So if you live there, odds are better that you’ve had work done. So ...Read more

Bigtunaonline/Dreamstime/TNS

With Trump as president, can TikTok in the US survive?

Business / Business News /

The fate of TikTok in the U.S. has been up in the air since 2020, when President Donald Trump moved to ban the popular video app because of national security concerns.

That set off four years of back-and-forth between the app’s Chinese owners and the U.S. government, with a possible ban scheduled to go into effect one day before Trump’s ...Read more

Jonathan Weiss/Dreamstime/TNS

Advance Auto Parts to close hundreds of stores, shut down West Coast operations

Business / Business News /

A plan by Advance Auto Parts to stem deepening losses by closing hundreds of stores will result "in a complete exit of certain markets on the West Coast" as the company shutters California locations, its chief executive said.

The national auto supply chain plans to close more than 725 locations around the country as well as four distribution ...Read more

Allen J. Schaben/Los Angeles Times/TNS

DirecTV to call off Dish takeover after bondholders balk

Business / Business News /

DirecTV has notified EchoStar Corp. of its intention to terminate an acquisition of Dish Network Corp. after they failed to win the consent of bondholders for a key debt exchange, all but killing a deal to create the largest U.S. pay-TV service.

DirecTV, which warned this month it would terminate the deal by midnight Friday without an ...Read more

Loren Holmes/Anchorage Daily News/TNS

Percentage of nonresident workers in Alaska hits highest point in years

Business / Business News /

ANCHORAGE, Alaska — The number of nonresidents in the Alaska workforce has reached its highest rate in nearly 25 years.

About 22.5% of Alaska's workforce lived outside Alaska in 2023, the highest since at least 2000, according to preliminary data released by Dan Robinson, research chief with the Alaska Department of Labor and Workforce ...Read more

Drew Phillips/The Detroit News/TNS

Hyundai unveils upscale, electric, three-row Ioniq 9 at LA Auto Show

Business / Business News /

LOS ANGELES — While other manufacturers have moved away from auto show reveals in recent years, Hyundai Motor Co. has embraced the big tent. That includes the Los Angeles Auto Show, where the brand has pulled the sheets off a parade of new vehicles in the last four years including the gas-powered Palisade and Santa Fe SUVs and the battery-...Read more

Brandon Bell/Getty Images North America/TNS

How Trump's FCC chief pick could make life more difficult for media companies

Business / Business News /

President-elect Trump's nomination of Brendan Carr as the next chairman of the Federal Communications Commission is bringing both hope and fear to the media industry.

For media executives, the hope comes in the promise of industry consolidation.

Companies such as Fox Television Stations, Nexstar Media Group, Tegna and Gray Media are eager to ...Read more

Dania Maxwell/Los Angeles Times/TNS

An affordable housing complex for Hollywood workers grapples with tenant complaints

Business / Business News /

Dozens of tenants at an affordable housing complex for arts and entertainment workers are in rebellion amid a dispute over a rent increase and other alleged issues at the Hollywood property.

A group of residents at the Hollywood Arts Collective released a statement Thursday accusing Thomas Safran & Associates, the property management company, ...Read more