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Economist: Las Vegas has bright future as it meets 2025 challenges
A leading local economist sees continued prosperity for Southern Nevada, even with several significant challenges ahead, kicking off Preview Las Vegas 2025 at the Las Vegas Convention Center on Thursday.
Jeremy Aguero, principal for Las Vegas-based Applied Analysis, emphasized the value of experience as a draw to Southern Nevada, highlighting ...Read more
Auto lobby sues Biden administration over automatic emergency braking rule
The nation's largest automotive lobby said Friday it's suing the Biden administration over a new automatic emergency braking rule adopted last year.
The Alliance for Automotive Innovation, which represents all major U.S. automakers except for Tesla Inc., filed the petition in the U.S. Court of Appeals for the D.C. Circuit against the U.S. ...Read more
Nearly $1B loan secured for Nevada lithium-boron mine
A lithium-boron project on Friday closed on an almost $1 billion loan from the Department of Energy.
Ioneer Limited is receiving a $996 million loan from the DOE through its Loan Programs Office under the Advanced Technology Vehicles Manufacturing program to support on-site processing of lithium-boron at its Rhyolite Ridge Lithium-Boron Project...Read more
UnitedHealth Group CEO acknowledges frustrations with US health care system
The UnitedHealth Group leader whose murder in December unleashed a torrent of public frustration and dissatisfaction with the U.S. health care system was pushing for some of the very improvements that critics have been seeking.
Andrew Witty, CEO of the Eden Prairie, Minnesota-based health care giant, made the comments Thursday during a ...Read more
Mellody Hobson to step down as lead independent director at Starbucks
Chicago business owner Mellody Hobson will step down from her position as lead independent director of Starbucks’ board of directors, the coffee giant said in a statement on its website.
Hobson serves as co-CEO and president of Ariel Investments in Chicago. She is married to George Lucas, the director and producer who created “Star Wars.”...Read more
Chicago Reader announces layoffs and CEO exit as alternative weekly struggles to survive
The Chicago Reader, the city’s storied alternative weekly newspaper, may be on the brink of extinction again.
Driven by an “urgent need to reduce costs” and the “imminent risk of closure” amid financial challenges, the Reader announced the immediate layoffs of six non-union employees, organizational restructuring and the resignation ...Read more
Burning Teslas in LA add to toxic mix hindering wildfire cleanup
As the smoke clears from devastating Los Angeles wildfires, efforts to clean up the affected areas are being complicated by burnt-out electric and hybrid vehicles and home-battery storage systems.
Lithium batteries from Tesla Inc., along with those from other carmakers, have added to the mix of toxic materials requiring specialized removal in ...Read more
Pro-Trump Latino business leaders launch campaign for border security and legal status for 'Dreamers' and essential workers
CHICAGO — Sam Sanchez, a Chicago-based restaurateur, hadn’t planned to get involved in politics until he realized that his voice was a platform that many of his undocumented employees didn’t have.
When recently arrived migrants from mostly Venezuela received expedited work permits from the Biden administration, he noticed the anger and ...Read more
FTC says retailers use consumer data for 'surveillance' pricing
Major retailers can tailor prices based on customer data including location, demographics or shopping history, the U.S. Federal Trade Commission said in initial study findings, raising concerns about the use of what they termed “surveillance pricing.”
The FTC found that as many as 250 different businesses, including grocery stores, apparel,...Read more
Auto review: '25 Taycan confirms Porsche delivers EV sportiness with a flare
As Porsche has been a staple in Grasso’s Garage for awhile now, due to their sportiness design and powertrains, the opportunity to add the Taycan EV to the fleet was a no brainer and the Taycan was born. Similar to our tester in October 2022, the Taycan was a powerhouse and easily outstanding. In this year’s test, things get even better.
...Read more
An 'industry behemoth.' Inside the federal government's efforts to break up Google
SAN FRANCISCO — In its early days, the quirky tech startup known as Google adopted a visionary corporate credo: “Don’t be evil.” That later evolved into the motto: “Do the right thing,” reflecting the idealistic ambitions of the company’s founders that its technology could be a force for good.
Google’s pioneering search ...Read more
Auto review: The 2025 Nissan Altima SR may be the Snoop Dog/Martha Stewart of pleasantly perfect sedans
I have to confess one of my recent guilty pleasures has been watching the Martha Stewart documentary, “Martha,” on Netflix. She’s as perfectly pleasant and prone to details as ever, but post-prison Martha has a bit more edge, hanging with Snoop Dog and dropping F-bombs like garden flower ordinances. If she had an automotive alter ego, it ...Read more
Auto review: 2025 Toyota Camry is more of the same, but now even better
While the Toyota Camry has been mocked as something akin to a toaster, the comparison is absolutely misinformed. As anyone who’s bought a toaster recently can attest, they are cheap junk made and imported from China and sure to break sooner than a politician’s promise. Trust me, I’ve been through far too many toasters in the past few ...Read more
Econometer: Will California insurance reforms be enough to stop insurers from leaving?
Losses from the Los Angeles fires threatened to deepen a crisis that has already left hundreds of thousands of Californians struggling to find and keep affordable homeowners insurance.
A major concern out of the destruction is not just the people without insurance, but the fear other homeowners will lose coverage after the devastation.
...Read more
FTC refers Snap complaint alleging its chatbot harms young users
The Federal Trade Commission on Thursday announced it had referred a complaint against Snap Inc. to the Department of Justice, alleging the social media company's AI-powered chatbot is harmful to young users.
The complaint isn't public, but the commission made the unusual move of announcing its referral because it determined it's in the ...Read more
FTC to ban GM from sharing connected vehicle data with consumer reporting agencies
The Federal Trade Commission will ban General Motors Co. from sharing customer geolocation and driver behavior with consumer reporting agencies for five years under a newly proposed order settling the commission's allegations.
This is the FTC's first action related to connected vehicle data, according to a news release. The agency alleged that ...Read more
US Bancorp ends year on strong note, though it lags other top banks
U.S. Bancorp ended its year with hefty earnings strengthened by higher fees and disciplined spending, as executives predicted revenue growth of up to 5% this year.
The Minneapolis-based company that runs U.S. Bank, the fifth-largest bank in the nation, delivered net income of $1.75 billion for the last three months of the year, up 7% from the ...Read more
Amex to pay $230 million over misleading sales practices
American Express Co. will pay about $230 million to resolve a long-running investigation into some of the firm’s prior sales practices which regulators said misled small-business owners.
Amex reached agreements with federal prosecutors and the Federal Reserve to settle the allegations, according to statements from the parties involved.
The ...Read more
TikTok poised for reprieve as Trump team pledges extension
A U.S. ban on ByteDance Ltd.’s TikTok is poised to be delayed with a deadline for the sale of the app falling on a holiday weekend and President-elect Donald Trump’s incoming administration pledging an extension.
President Joe Biden’s administration is not planning to intervene before a Jan. 19 deadline for TikTok’s U.S. arm to find a ...Read more
California Gov. Gavin Newsom extends rental price gouging protections until early March
California Gov. Gavin Newsom extended price gouging protections on rental housing Thursday amid calls for authorities to prosecute landlords jacking up rent in the wake of Los Angeles County's devastating fires.
Under California law, price gouging protections kick in during a state of emergency and generally bar landlords, hotel and motels from...Read more
Popular Stories
- Auto lobby sues Biden administration over automatic emergency braking rule
- UnitedHealth Group CEO acknowledges frustrations with US health care system
- Nearly $1B loan secured for Nevada lithium-boron mine
- Burning Teslas in LA add to toxic mix hindering wildfire cleanup
- Economist: Las Vegas has bright future as it meets 2025 challenges