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Live Nation loses bid to toss DOJ antitrust case

Business / Business News /

A federal judge in New York said he denied Live Nation Entertainment Inc.’s attempt to throw out the Justice Department’s antitrust case seeking to break off Ticketmaster Entertainment Inc. after the companies merged more than 15 years ago.

U.S. District Judge Arun Subramaian told lawyers for the government and company in a hearing ...Read more

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United Launch Alliance waits on Space Force to certify Vulcan

Business / Business News /

Despite not having launched anything in more than five months, United Launch Alliance still expects to fly around 12 missions this year. But it’s still waiting on the Space Force to certify its new Vulcan rocket for national security launches.

Vulcan flew twice in 2024, but the second mission had a rough ride to space. Just after launch, one ...Read more

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S&P 500 slides into correction as treasuries climb: Markets wrap

Business / Business News /

It was only three weeks ago that exuberance over Donald Trump’s blueprint for the economy had vaulted U.S. stocks to a record high. Today, with concern mounting over the goals and impact of his trade war, the S&P 500 tumbled into its first 10% correction in almost two years.

Volatility surged anew across asset classes Thursday, extending a ...Read more

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Canada excludes Tesla chargers from government EV rebates

Business / Business News /

Canadian power provide B.C. Hydro is striking back against President Trump’s wealthiest surrogate Elon Musk by making Tesla chargers ineligible for EV rebates in British Columbia.

Citizens in the province who purchase electric vehicle chargers for their homes are eligible for a $350 rebate unless those units were made by Musk’s company, B.C...Read more

Wally Skalij/Los Angeles Times/TNS

Comcast signs $3 billion deal to keep Olympics on NBC through 2036

Business / Business News /

Comcast Corp. and NBCUniversal have secured U.S. rights to broadcast the Olympics Games through 2036 with a $3-billion arrangement.

The new deal, which kicks in this year, solidifies Comcast's longstanding partnership with the International Olympic Committee and gives the Philadelphia media giant expanded digital rights for its broadcast and ...Read more

Alex Kormann/The Minnesota Star Tribune/TNS

The pandemic propelled 3M's N95 to international stardom. What's next?

Business / Business News /

Few objects symbolize the pandemic as well as the N95.

Impossible to find until they were ubiquitous, the double-strapped respirator stamped with all those letters and numbers confined many faces in pursuit of COVID-19 protection.

N95s are still the gold standard for respiratory safety, but you’re more likely to find them on a construction ...Read more

Layoffs coming to Edward Jones in St. Louis

Business / Business News /

DES PERES, Missouri — Investment company Edward Jones is planning to lay off a number of local employees as it restructures.

“The size of our home office will be reduced,” said company spokesperson Catherine Stengel.

As of 2024, the firm had 5,476 local workers.

The initiative, which she would not detail, will “strengthen our ...Read more

Jeff Wheeler/Minnesota Star Tribune/TNS

Move over, Airbnb! Mid-term rentals are the new game in town

Business / Business News /

When a string of hurricanes ravaged the East Coast this past fall and a cluster of wildfires burned the Los Angeles area in January, tens of thousands of displaced people suddenly needed shelter.

A Twin Cities-made website specializing in mid-term rentals — stays of longer than a vacation but not more than a year — hopes to help these ...Read more

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Tech stocks keep tumbling this year. Here's why

Business / Business News /

When President Trump returned to the White House, tech executives from Apple, OpenAI, Oracle and other companies pledged to create thousands of jobs, fuel innovation and invest billions of dollars in the United States.

But technology stocks have been on a bumpy ride this year as trade disputes and the future of artificial intelligence have ...Read more

Wally Skalij/Los Angeles Times/TNS

Fear and loathing grip LA hotels as Trump deportation threats loom

Business / Business News /

In late February, rumors that the federal government was planning a massive immigration enforcement sweep in Los Angeles County swirled.

And Travis Gemoets' phone was ringing off the hook. The attorney at Jeffer Mangels Butler & Mitchell, a firm that represents hundreds of hotels across Southern California, said he received about a dozen calls ...Read more

Michael M. Santiago/Getty Images North America/TNS

US jobless claims edge down, remaining near pre-pandemic levels

Business / Business News /

Applications for U.S. unemployment benefits were little changed last week, remaining roughly in line with pre-pandemic levels.

Initial claims decreased by 2,000 to 220,000 in the week ended March 8. The median forecast in a Bloomberg survey of economists called for 225,000 applications.

Continuing claims, a proxy for the number of people ...Read more

Real estate Q&A: What can we do about raccoons damaging cars in condo parking lot?

Business / Business News /

Q: I live in a great condo community, but recently we have experienced raccoons getting inside the engine blocks and causing severe damage to our vehicles. This includes biting into the wiring system, fluid lines and hood insulation. When we approached the association, they were dismissive and said, “it’s out of our hands.” What options do...Read more

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Could you get a house delivered like a pizza? This Boise company thinks so. What to know

Business / Business News /

BOISE, Idaho — Cody Draper stood outside his Boise Bench warehouse on a cold February afternoon and watched as a crane truck, flooding the area with the smell of diesel, lifted a house into the sky.

Workers carefully placed the home out of the way, then slid green straps over a second home to lift. Those homes, says Draper, could be a ...Read more

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New DOJ antitrust chief builds team from prior administrations

Business / Business News /

Gail Slater, the new head of antitrust enforcement at the U.S. Justice Department, plans to hire veterans of previous administrations under Barack Obama and Donald Trump to help her oversee cases and investigations in tech, healthcare, finance and other sectors, according to people familiar with the matter.

Slater, who was sworn in Wednesday as...Read more

Myung J. Chun/Los Angeles Times/TNS

Getting a filling -- at the mall. Why dentists and other wellness tenants are in big demand

Business / Business News /

Not long ago, dentists were about as welcome as a toothache at shopping centers.

Landlords preferred more conventional retailers in their malls, relegating dentists to out-of-the-way locations if they would lease space to them at all.

Now they are prominent tenants in many shopping centers as part of a growing trend of medical-retail or "...Read more

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Conor Sen: These unpopular mortgages may be the key to affordable housing

Business / Business News /

Can a mortgage product tainted by the financial crisis come back to revive U.S. housing? The answer could reorient the housing market and give the Federal Reserve greater control over consumer spending in the years ahead.

A lack of affordability has hindered housing transactions the past two years, frustrating would-be buyers and, more recently...Read more

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Target upgrades Circle Week deals in quest for $15B sales growth in five years

Business / Business News /

In a fourth-quarter earnings call a week ago, Target executives acknowledged the retailer had lost a bit of its “magic” that once retained loyal customers and enticed new ones.

The Minneapolis-based company vowed to conjure more customers at its annual investors day last week, pledging to grow sales by $15 billion in five years. And it made...Read more

Tomasz Bidermann/Dreamstime/TNS

Trump's FTC moves ahead with broad Microsoft antitrust probe

Business / Business News /

The U.S. Federal Trade Commission is moving ahead with a sprawling antitrust probe of Microsoft Corp. that was opened in the waning days of the Biden Administration, signaling that Donald Trump’s new FTC Chair Andrew Ferguson is going to prioritize scrutiny of tech giants.

FTC staff in recent weeks have continued to work on the investigation,...Read more

Alejandro Tamayo/The San Diego Union-Tribune/TNS

First of its kind lawsuit alleges human trafficking by San Diego's Bumble Bee Seafoods

Business / Business News /

San Diego-based canned tuna giant Bumble Bee Seafoods has known for years that fishing vessels in its supply fleet used forced labor but failed to stop the practice, according to a lawsuit filed Wednesday in San Diego federal court that’s believed to be the first ever to allege human trafficking against a U.S. seafood company.

The plaintiffs,...Read more

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EPA to reconsider Biden administration vehicle emission rules

Business / Business News /

The U.S. Environmental Protection Agency on Wednesday said it'll reconsider the greenhouse gas tailpipe emissions regulations instituted by the Biden administration that are a key provision behind what President Donald Trump has called an electric vehicle "mandate."

“The American auto industry has been hamstrung by the crushing regulatory ...Read more