Business
/ArcaMax
UAW's tall task: Rebuilding its political power to boost Harris campaign
WASHINGTON — Just over a decade ago, the United Auto Workers union was instrumental in delivering a resounding Michigan victory for former President Barack Obama in his successful 2012 reelection bid.
UAW officials, then-union President Bob King recalled, received personal thanks for their organizing efforts by Obama and two of his key ...Read more
Auto review: 2024 Revuelto: an electrifying raging bull from Lamborghini
The 2024 Lamborghini Revuelto may be the supercar brand’s first hybrid — and a plug-in hybrid at that — but you’ll never mistake it for a Prius, thank goodness. For the 2024 Lamborghini Revuelto retains wildly classic Lamborghini traits, even as it takes its initial step toward electrification. And, being Lamborghini, it’s little ...Read more
Auto review: 2025 Infiniti QX80 inspires luxury sticker shock
When Infiniti entered Grasso’s Garage in the past, we were excited that the brand’s models exceeded expectations while still maintaining an appropriate price point. With traces of Nissan design are still evident in the 2025 Infiniti QX80 Autograph, we recognized nicely apportioned accouterments. But brace yourself, this one is going to hit ...Read more
Michael Hiltzik: The air begins to leak out of the overinflated AI bubble
You only need to go back three months or so to find the peak of the AI frenzy on Wall Street. That was on June 18, when shares of Nvidia, the California company that dominates the market for AI-related hardware, peaked at $136.33.
Since then, shares of the maker the high-grade computer chips that AI laboratories use to power the development of ...Read more
Don't know what to do with your old clothes? California may require the fashion industry to take them back from you -- for free
In California, it’s relatively easy to recycle aluminum cans, newspapers or glass bottles. But for one of the most commonly used household products — clothes — options are few.
Every year, tons of unwanted shirts, jeans, dresses, jackets and other garments end up in landfills across the state. Almost none are recycled. Some are donated to...Read more
Auto review: Affordable Jetta vast, fast, and (at last) fetching
HELL, Michigan — The VW Jetta GLI has long lived in the shadow of its sibling, the OG hot hatch Golf GTI. No more.
With a dramatic refresh for the 2025 model year, the once-frumpy GLI is now a lean, mean, fighting machine.
A lean Golf-like fascia has replaced the previous bulbous, Shrek-like nose. The lower red front lip curls with a sense ...Read more
Future of Google search rests with judge who will strip away monopoly power
Google’s future as provider of the world’s most dominant search engine rests in the hands of a federal court judge who last month ruled the company has a monopoly on internet search.
In a hearing Friday in U.S. District Court for the District of Columbia, Judge Amit Mehta will start to strip Google of its monopoly power after previously ...Read more
Trump pushes back on Harris small business plan at Economic Club of New York
Just a day after Vice President Kamala Harris announced her plan for a tenfold increase to the start-up tax credit, former President Donald Trump said a second term would allow him to decrease regulations by just as much.
Trump, in an afternoon address to the Economic Club of New York, said that for every new regulation that comes across his ...Read more
How do stocks perform after the Fed cuts interest rates? Pretty well, actually
The stock market has had a nice run in 2024, but investors have been nervous lately, because many are concerned that a slowing economy may tip over into an outright recession. To thwart that possibility, the Federal Reserve stands poised to lower interest rates, providing stimulus to consumers and businesses, some of whom have been reeling ...Read more
I've been in financial services for 14 years. Here's why I just opened a CD now
I’ve been in financial services for nearly 14 years and have helped customers with the most common deposit products, but this month was the first time I opened a certificate of deposit (CD) for myself.
A CD is an account that typically has a fixed annual percentage yield (APY) for a specific term. What’s more, there’s typically an early ...Read more
Cargill grows national footprint, buying animal feed mills in Denver and Kansas City
Cargill is buying feed mills in Denver and Kansas City to expand its animal nutrition business across central and western states.
The Minnetonka-based agribusiness paid an undisclosed sum to Compana Pet Brands for the plants, which make food for animals large and small.
Mariano Berdegue, senior vice president for Cargill’s animal nutrition ...Read more
Target slows store theft, but at a cost to shopping experience
That quick Target run isn’t as speedy as it used to be with everything from deodorant to boxer briefs under lock and key at a growing number of stores as retailers take a more forceful approach to stymieing shoplifting.
In many ways, the lockdown — including wheel-locking carts if shoppers venture too far from the store — has worked. ...Read more
Microsoft pays more than $300 million to buy its Silicon Valley campus
MOUNTAIN VIEW, California — Microsoft has paid well over $300 million to buy a huge Mountain View tech campus the company occupies, a fresh sign of how the software leviathan has established its roots in Silicon Valley.
In a $330 million deal, Microsoft bought an office and research hub at 1045 La Avenida Street in Mountain View where it now ...Read more
Larry Ellison will control Paramount after deal, filing shows
Paramount Global, the parent of CBS, will be controlled by software billionaire Larry Ellison after a group led by his son David completes its purchase of the Redstone family’s interest in the film and TV company, according to a regulatory filing.
Ellison, the co-founder of Oracle Corp., is backing his son’s proposal to buy the Redstone’s...Read more
Real estate Q&A: What should I do if a hurricane damages my home?
Q: With hurricane season heating up, I am concerned I will not know what to do if a storm damages our house. How can we be prepared and ensure that insurance will pay up? — Maritza
A: From the legal perspective, dealing with hurricanes is similar to other casualty losses, such as fires or floods. To best navigate these tragedies, you must be ...Read more
Why public EV chargers almost never work as fast as promised
For EV drivers traversing the great state of Wyoming, the Smith’s grocery store in Rock Springs is an oasis. It’s just off I-80, there’s a Petco across the street, and it has six plugs promising to charge at 350 kilowatts. At that rate, a Tesla Model 3 could go from empty to full in the time it takes to hit the bathroom and grab a Snickers...Read more
Despite discrimination lawsuit, Atlanta venture capital firm is 'still in business'
Before Arian Simone stepped on stage, before the announcer said her name, the crowd knew she was coming.
When Simone, CEO and co-founder of Atlanta-based venture capital firm Fearless Fund, finally came out, 200 or so Black businesswomen were already on their feet, cheering and clapping for a woman that for them has become a symbol of the fight...Read more
Disney-obsessed couple loses lawsuit to get back into exclusive Club 33
LOS ANGELES — As members of Disney's exclusive Club 33, Scott and Diana Anderson visited the two Anaheim theme parks 60 to 80 times a year.
The private club, with its wood-paneled trophy room and other amenities, was the center of their social life. They brought friends, acquaintances and business associates. As a couple, they went on the ...Read more
Massachusetts AG supports proposed federal rule to protect consumers from 'predatory' paycheck advance products
Massachusetts’ and 13 other states’ attorneys general support a proposed federal rule that would treat new-fangled paycheck advance products as consumer loans — a move that would add additional oversight to protect consumers.
“Without adequate consumer protections, paycheck advance products have the ability to harm vulnerable consumers ...Read more
Biden to block Nippon Steel's proposed takeover of US Steel
U.S. President Joe Biden is preparing to block Nippon Steel Corp.’s $14.1 billion takeover of United States Steel Corp., according to people familiar with the matter.
The proposed deal has been subject to a review by the secretive Committee on Foreign Investment in the United States, and Biden plans to kill it as soon as the CFIUS referral ...Read more
Popular Stories
- Denver's fast-rising minimum wage is a boon to workers, but it's squeezing restaurants and small businesses
- Microsoft pays more than $300 million to buy its Silicon Valley campus
- Target slows store theft, but at a cost to shopping experience
- Trump pushes back on Harris small business plan at Economic Club of New York
- I've been in financial services for 14 years. Here's why I just opened a CD now