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Max Ortiz/The Detroit News/TNS

'Gifted, intuitive': Mustang, minivan pioneer Hal Sperlich dies at 95

Business / Business News /

Automotive product legend Hal Sperlich passed away Monday at 95, but his memory lives on in the millions of pony cars and minivans that ply our highways.

Sperlich was known as the father of two American icons, the Ford Mustang and Chrysler minivan. Colleagues remember him as one of the most significant product developers of his generation.

“...Read more

The Atlanta Journal-Constitution/TNS

Trump proposes big tariffs on Canada and Mexico. Consumers could feel pain

Business / Business News /

In the hours immediately after his swearing-in, President Donald Trump said Monday he will enact steep tariffs on Mexico and Canada starting next month and moved through executive orders to reassess trade with other foreign nations.

Trump told reporters tariffs of 25% would be enacted against Mexico and Canada starting Feb. 1, saying the ...Read more

Former executive for cannabis company Verano indicted on insider trading charges

Business / Business News /

A former executive for Chicago-based Verano, one of the largest cannabis companies in the United States, was federally indicted on charges of insider trading.

The indictment Thursday accused Anthony Marsico, 39, of Bartlett, Illinois, of using confidential information to make an illegal profit of about $607,000 by buying stock in another ...Read more

Mario Tama/Getty Images North America/TNS

18,000 Costco workers vote to authorize strike on Feb. 1

Business / Business News /

About 18,000 Costco workers will go on strike beginning Feb. 1 if their union doesn’t reach a deal with the warehouse retailer, the union announced Sunday.

The Teamsters represent Costco workers in 56 warehouses across five states, CNN reported. The 18,000-person strike would represent about 8% of Costco’s nationwide workforce.

A contract ...Read more

Dreamstime/Dreamstime/TNS

Cargill pays $32.5M to settle customer lawsuit alleging turkey price-fixing

Business / Business News /

Cargill will pay $32.5 million to settle claims the company conspired with other poultry producers to fix the price of turkey and overcharge customers.

The Minnetonka, Minnesota-based agribusiness is the nation’s third-largest turkey purveyor, after Butterball and Jennie-O, according to WATT Poultry, a trade publication. Cargill controls ...Read more

The Atlanta Journal-Constitution/TNS

Trump proposes big tariffs on Canada and Mexico. Consumers could feel pain

Business / Business News /

In the hours immediately after his swearing-in, President Donald Trump said Monday he will enact steep tariffs on Mexico and Canada starting next month and moved through executive orders to reassess trade with other foreign nations.

Trump told reporters tariffs of 25% would be enacted against Mexico and Canada starting Feb. 1, saying the ...Read more

Sarah Silbiger/Getty Images North America/TNS

The FDA has banned red dye No. 3. What could be next?

Business / Business News /

Earlier this week, the U.S. Food and Drug Administration banned the use of red dye No. 3 from the country’s food supply, citing studies that have found the dye to cause cancer in rats.

Often called erythrosine or FD&C Red No. 3 or Red 3, red dye No. 3 was barred from use in cosmetics over three decades ago.

The move was praised by many of ...Read more

Christian Petersen/Getty Images North America/TNS

Netflix adds 19 million subscribers, capping streaming giant's biggest year

Business / Business News /

Netflix gained a record number of subscribers in the fourth quarter of 2024, further solidifying its dominance in the streaming market and capping the company's biggest year yet.

The company added 19 million paid subscribers, bringing its total base to 302 million customers globally in the fourth quarter. Hits such as the second season of ...Read more

Hyoung Chang/The Denver Post/TNS

Coalition of Colorado unions hopes to tackle climate change and spur higher-paying jobs at the same time

Business / Business News /

Since elementary school, Aidan Boyd has learned about how climate change will reshape Colorado’s future — how aridification will dry streams and summers will become increasingly hot.

Now 24, he hopes that training to be an electrician will help him be part of the solution to the environmental challenges that he believes are the most ...Read more

Gina Ferazzi/Los Angeles Times/TNS

Home insurance was already hard to get. Then came LA's fires. Here's what San Diegans need to know

Business / Business News /

David and Peggy Blue were dumbfounded when they were notified last month that their home insurance would not be renewed because of a tall sycamore tree that overhangs their Altadena house. Their appeals for reconsideration were fruitless, leading the former San Diegans on a nerve-racking quest for a new policy.

Carrier after carrier rejected ...Read more

Meri Simon/Bay Area News Group/TNS

Trump movement is divided over H-1B visas. Do they hurt workers?

Business / Business News /

Ten years after being laid off from Disney, Leo Perrero still views a visa program for skilled international workers as deeply flawed, blaming it for disrupting his information technology career and putting him in the unsettling position of having to train his foreign replacement.

“The whole thing is just a terrible scam on Americans,” said...Read more

File taxes online: Tools, tips, deadlines and more

Business / Business News /

It’s now the norm for Americans to file their taxes online — the IRS reports that more than 90% of individual tax returns were e-filed in 2023, the most recent data available. Even most professional tax preparers are required to electronically file returns on behalf of their clients.

If you file your own taxes, you have a few different ...Read more

Melina Mara/Abaca Press/TNS

Trump's back in office -- here's what to expect for your taxes in 2025 and beyond

Business / Business News /

With President Donald Trump back in the White House for a second term, Americans can expect to see major tax-law changes in the years ahead.

During his first stint in office, Trump massively overhauled the tax code by passing the Tax Cuts and Jobs Act (TCJA) of 2017. Now, many of those tax provisions are set to expire at the end of 2025, ...Read more

Chip Somodevilla/Getty Images North America/TNS

Trump pledges EV policy rollback, thanks auto workers in inauguration speech

Business / Business News /

President Donald Trump pledged in his inauguration speech to swiftly roll back what he has labeled the "electric vehicle mandate," or federal regulations that would've required increasingly strict vehicle emissions standards over the coming years.

Trump claimed the coming executive order — expected to be signed later Monday as part of a ...Read more

Alex Slitz/Lexington Herald-Leader/TNS

Federal rule could financially protect thousands of North Carolina poultry farmers

Business / Business News /

Craig Watts, who once made a career of raising hundreds of thousands of chickens in North Carolina, knows the torment and the crushing financial stress that can come with the job.

In the 1990s, he needed $400,000 in loans to build four chicken houses on his Robeson County farm. A decade later, Watts spent $100,000 to upgrade the houses, ...Read more

Brian van der Brug/Los Angeles Times/TNS

How to get property tax relief if your house burned in the California wildfires

Business / Business News /

LOS ANGELES — If you’ve lost your home or business in this month’s wildfires, you can receive substantial relief on your property taxes now and in the future — whether you decide to rebuild or move.

You will be able to reduce what you owe immediately and defer payment. Ultimately, you can retain the taxable value of your house prior to ...Read more

Ricardo Ramirez Buxeda/Orlando Sentinel/TNS

Insurance cost increases in Florida have outpaced inflation. We asked experts why.

Business / Business News /

Insurance leaders say that inflation has fueled the rising costs of coverage paid by Florida policyholders in recent years.

But an analysis by the South Florida Sun Sentinel shows that insurance premiums have increased significantly more than the rate of inflation, and experts cite a range of possible reasons why, including steep increases in ...Read more

Richard Brian/Las Vegas Review-Journal/TNS

Las Vegas icon Circus Circus could be sold soon

Business / Business News /

LAS VEGAS — Circus Circus, the venerable 56-year-old north Strip resort that caters to families and low-budget visitors, may soon be sold by owner Phil Ruffin, according to a published report.

Ruffin, who also owns Treasure Island, is in Washington for President Donald Trump’s inauguration and was unavailable for comment Friday, but a story...Read more

Chip Somodevilla/Getty Images North America/TNS

Trump tariffs would harm major US auto buyer, GM Canada chief says

Business / Business News /

Donald Trump’s tariff threats stand to hurt American economic interests because they would disturb automotive supply chains where the U.S. is strong and drive up consumer prices, said the head of General Motors Co.’s Canadian unit.

“It is a disruption that is in no one’s interest, especially in the U.S.,” GM Canada President Kristian...Read more

E. Jason Wambsgans/Chicago Tribune/TNS

Illinois lands $100M federal grant for EV truck chargers

Business / Business News /

Public charging for electric trucks — including the largest semi-trailers — is on the way in Illinois.

The state has landed a $100 million federal grant for the construction of 14 public charging stations for medium- and heavy-duty trucks.

Located at strategic points along major truck routes, the charging stations will have a total of 345 ...Read more