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Dreamstime/Dreamstime/TNS

Dietary guidelines committee punts on ultra-processed food, a win for General Mills

Business / Business News /

Federal nutrition guidelines likely won’t warn Americans off “ultra-processed” foods after a committee said there’s no clear definition and more study is needed — a win for Minnesota companies like General Mills and Post Consumer Brands, who argued ultra-processed guidelines would be overly broad and include potentially healthy food. ...Read more

DREAMSTIME/TNS

'It's all a hustle': How these rideshare and delivery drivers make extra cash

Business / Business News /

Gig workers for companies such as Uber, DoorDash, Lyft, and Gopuff don’t get health insurance or other expensive workers benefits. The new Trump administration isn’t expected to change that.

Drivers have found some other ways to boost their income:

Delaware-based Carvertise is recruiting drivers who pick up passengers or deliver food to ...Read more

Las Vegas Review-Journal/Las Vegas Review-Journal/TNS

Investors have bought 131K homes in Las Vegas Valley since 2000

Business / Business News /

Investors have purchased approximately 131,710 homes in the Las Vegas Valley since the start of 2000, according to data obtained by the Las Vegas Review-Journal.

The valley posted the biggest increase of investor home purchases in the nation in the third quarter compared to the same quarter last year, at 27.6 percent, Redfin’s economic ...Read more

TOM GRALISH/The Philadelphia Inquirer/TNS

This Pennsylvania ATM group collapsed after painting a rosy outlook to investors and small business owners

Business / Business News /

Smartphone-empowered Americans are using less cash, and automatic-teller machine (ATM) use has dropped steadily since peaking around 2015, according to the Federal Reserve.

“Since COVID, volumes at ATMs have declined by about 10%-20%,” Brinks, the armored-car company whose clients include banks, told bankers in a report earlier this year. ...Read more

Robin Buckson/The Detroit News/TNS

Barra: Trump tariff threat would have big impact but is 'part of the negotiation'

Business / Business News /

DETROIT — General Motors Co. CEO Mary Barra acknowledged Wednesday that higher tariffs on goods from Mexico and Canada under the incoming Trump administration "could have a very substantial impact" on the automaker.

But she added that President-elect Donald Trump's recent statements calling for 25% tariffs on goods imported from the two ...Read more

Chip Somodevilla/Getty Images North America/TNS

Why Newsom's electric vehicle mandate is in trouble

Business / Business News /

California’s electric vehicle ambitions are facing a reality check.

Sales growth has stalled as potential buyers balk at high sticker prices and unreliable public charging. The EV market will take an additional hit if President-elect Donald Trump follows through on vows to scuttle federal EV tax credit subsidies for buyers and slap tariffs on...Read more

Hector Amezcua/The Sacramento Bee/TNS

Top auto lobby warns states of 'unachievable' California emissions rules

Business / Business News /

WASHINGTON — The nation's top automotive lobbying group on Wednesday encouraged states to retreat from pledges to adopt California's influential, strictest-in-the-nation tailpipe emission regulations.

The Alliance for Automotive Innovation, which represents all major U.S. automakers except for Tesla Inc., said in an open memo that "it's gonna...Read more

Mario Tama/Getty Images North America/TNS

California economy faces 'many new unknowns' with second Donald Trump term, forecast says

Business / Business News /

WASHINGTON — California’s economic future is full of “many new unknowns” thanks to uncertainty about the incoming Trump administration, a new UCLA Anderson state economic forecast said Wednesday.

While the state’s economy looks healthy, “uncertainty with respect to the current forecast is elevated,” the forecast said.

The ...Read more

Patrick T. Fallon/AFP/Getty Images North America/TNS

St. Louis Boeing unit gets new defense contract for F-15s

Business / Business News /

The Boeing Co. has been contracted to construct F-15 fighter aircraft to be sold to Japan, the U.S. Department of Defense announced Tuesday.

The contract awards the aviation giant $450.5 million and comes from the Air Force. It covers the acquisition of radars, self-protection systems and mission computer units.

The work will be done in the St...Read more

Katherine Jones/Idaho Statesman/TNS

Albertsons ends merger with Kroger and sues it, seeking billions of dollars

Business / Business News /

What a difference a day makes. On Tuesday, they were partners. On Wednesday, they were angry divorcees.

Albertsons called off its proposed sale to Kroger and sued the rival grocer for billions of dollars the morning after a federal judge in Portland blocked the merger. The deal would have combined the nation’s largest and second-largest ...Read more

Kena Betancur/Getty Images North America/TNS

US inflation in line with forecasts solidifies bets on Fed cut

Business / Business News /

U.S. consumer prices rose at a firm pace in November that was in line with expectations, solidifying expectations for the Federal Reserve to cut interest rates next week.

The so-called core consumer price index — which excludes food and energy costs — increased 0.3% for a fourth straight month, Bureau of Labor Statistics figures showed ...Read more

Daniel Mears/The Detroit News/TNS

GM halts funding for Cruise robotaxi program

Business / Business News /

DETROIT — General Motors Co.'s move Tuesday to halt funding for its Cruise LLC robotaxi program makes way for Silicon Valley rivals to take a firmer hold of the potentially multi-billion-dollar business. But experts say bowing out is the right choice for the embattled Cruise.

The decision to instead focus on providing autonomous technology in...Read more

Dreamstime/Dreamstime/TNS

Amazon targets influencer reviews on TikTok, YouTube, Instagram

Business / Business News /

Amazon.com Inc. is asking online shoppers to provide information about product testimonials they’ve posted on TikTok, YouTube and Instagram, suggesting the e-commerce giant is more aggressively targeting paid reviews that merchants can use to gain a competitive edge.

In a questionnaire sent to a reviewer and seen by Bloomberg, a member of the...Read more

Anker/Anker/TNS

Tech review: Three big batteries to keep your gear powered up

Business / Business News /

We all just want our stuff to work, right?

Since most of us have abandoned landlines, our cell phones are our lifelines and the main way we communicate with each other and stay informed.

One of my bigger fears is my phone or laptop running out of power just when I need it most, so I’m an “overcharger.”

My phone transitions from one ...Read more

Dreamstime/Dreamstime/TNS

Huawei's new Mate 70 phone shows its chip advances are stalling

Business / Business News /

Huawei Technologies Co.’s latest flagship smartphone is powered by a chip little different from the one that set off alarm bells in Washington a year ago, signaling a slowdown in the Chinese company’s tech advances.

The newly introduced Mate 70 Pro Plus phone runs on a processor built with the same 7-nanometer technology used in its Mate 60...Read more

Matthias Bein/dpa/TNS

HelloFresh being investigated for alleged child labor violations at Illinois plant

Business / Business News /

Meal kit company HelloFresh is under investigation by federal regulators for alleged child labor violations at an Aurora, Illinois, food production and distribution facility.

ABC News first reported on the investigation, citing immigrant rights advocate Cristobal Cavazos of Immigrant Solidarity DuPage, who told the news source that at least six...Read more

Elijah Nouvelage/AFP/Getty Images North America/TNS

Kroger's $24.6 billion Albertsons deal blocked by judge

Business / Business News /

A judge blocked Kroger Co.’s $24.6 billion acquisition of Albertsons Cos., finding the takeover would lessen competition for U.S. grocery shoppers, in a ruling that marks a likely death knell for the deal.

In a decision filed in Oregon federal court Tuesday, U.S. District Judge Adrienne Nelson found in favor of the U.S. Federal Trade ...Read more

Jason Armond/Los Angeles Times/TNS

$25 billion Kroger-Albertsons merger plan is blocked by federal judge

Business / Business News /

Kroger's plans to buy its grocery rival Albertsons hit a major roadblock Tuesday, when a federal judge put a halt to the deal, which would be the largest supermarket merger in U.S. history.

The decision is a blow to Albertsons and Kroger, which announced plans for the $24.6-billion acquisition of its rival in 2022.

The Federal Trade ...Read more

Jennifer Buchanan/The Seattle Times/TNS

Boeing resumes 737 Max production in Renton after end of Machinists strike

Business / Business News /

Boeing has resumed production of the 737 Max in Renton after a Machinists strike left its factories in the Puget Sound region idle from September to mid-November.

The company expects to resume production of the 767 and 777/777X planes in Everett in the days ahead, Boeing said Tuesday in a monthly announcement detailing orders and deliveries of ...Read more

Illinois workers can claim unpaid wages totaling more than $4.2M

Business / Business News /

More than 5,500 Illinois workers owed back pay totaling more than $4.2 million can claim their unpaid wages online, the U.S. Department of Labor said Tuesday.

The funds are the result of investigations by the department’s wage and hour division, which recovers back pay for workers when they are underpaid in violation of laws, including ...Read more