Walmart Inc. is reversing course on diversity, equity and inclusion initiatives, joining a growing list of businesses retreating on DEI programs targeted by conservative activists.

The world’s biggest retailer will no longer consider race and gender to boost diversity when granting supplier contracts, and stop collecting demographic data when...Read more

LOS ANGELES — California, home to a rich pool of talent in major industries such as film and tech, has lost thousands of workers to states that have a lower cost of living and other perks, according to a recent report.

The National Association of Realtors, which analyzed U.S. census data from the third quarter of 2023, found nearly 87,000 ...Read more

DETROIT — The Renaissance Center would shrink to three towers with residential, office and hotel tenancy to create space for a six-acre riverfront park in a more than $1.6 billion redevelopment plan dependent on $250 million in state support that would make billionaire mortgage mogul Dan Gilbert's real estate firm shared owner of the complex ...Read more

OAKLAND, California — PG&E is seeking a fresh increase in monthly bills — yet again — for its residential customers, this time to help the utility titan meet demand for new housing, commercial real estate and healthcare projects.

The latest proposal would produce an average increase of $3.65 a month for PG&E residential customers, ...Read more

Quikrete, the privately held Georgia concrete and cement company, will buy Denver-based Summit Materials in a deal worth more than $11 billion, including assumed debt.

Quikrete is the top producer of packaged concrete and cement mixes in North America, and the combination will create an even bigger construction materials giant.

Quikrete will ...Read more

WASHINGTON — Environmental groups and the U.S. Environmental Protection Agency, still under the control of President Joe Biden, are bracing to protect California’s central role in regulating vehicle emissions against what could be a formidable deregulatory push from President-elect Donald Trump.

The lame-duck Biden administration has not ...Read more

California is prepared to offer state tax rebates for electric vehicle purchases if the incoming Trump administration scuttles the federal EV tax credit, according to Gov. Gavin Newsom.

“We will intervene if the Trump Administration eliminates the federal tax credit, doubling down on our commitment to clean air and green jobs in California,�...Read more

There are plenty of conversational landmines to avoid around the holiday dinner table. Money leads the way, according to a recent Bankrate survey. We found that only 38% of U.S. adults are comfortable discussing their bank account balances with family members and close friends. Fewer than half (47%) are comfortable discussing their love lives, ...Read more

Q: I purchased a 2011 Corolla in June. It had a gaping hole for the radio, which the dealer then installed. It is just recently that I have had to use the rear defroster, and I found out that it cuts out my FM radio station while it is on. I have been gathering as much info on this as I can, and it's definitely "a thing" out there. I only have ...Read more

Annuities are often popular with retirees and those looking to retire because of the steady income stream they can provide. But annuities tend to come with high costs and commissions for salespeople, often masquerading as financial advisers, that eat into investors’ returns.

Some firms now offer annuities without commissions, which could be ...Read more

The post-election stock market is already giving investors a wild ride. Big individual stock selloffs, massive rallies, and a dizzying array of market narratives built on Wall Street’s best attempts to read President-elect Donald Trump’s mind. All told, the S&P 500 Index is up almost 4% since Election Day, but the numbers don’t do justice ...Read more

Investing can often be broken down into a few simple rules that investors can follow to be successful. But success can be as much about what to do as it is what not to do. On top of that, our emotions throw a wrench into the whole process. While everyone knows you need to “buy low and sell high,” our temperament often leads us to selling low...Read more

President-elect Donald Trump’s pledge to raise tariffs and the possibility of a second U.S. port strike in January have companies wondering what their inventory strategies should be.

Eden Prairie-based C.H. Robinson, one of the world’s largest logistics companies, has fielded numerous questions from clients on what they should do.

“Keep ...Read more

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

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

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

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

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