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Zuckerberg says Meta will build gigawatt-size data centers

Business / Business News /

Meta Platforms Inc. Chief Executive Officer Mark Zuckerberg said the company is building several massive data centers to power its artificial intelligence efforts with the first one expected to come online next year.

“We’re calling the first one Prometheus and it’s coming online in ‘26,” Zuckerberg said in a post on his social ...Read more

Paul W. Gillespie/The Baltimore Sun/TNS

From 'No Nukes' to Nuclear Now: The progressive energy flip

Business / Business News /

A partial meltdown at Three Mile Island in Pennsylvania nearly 50 years ago pushed Gene Stilp into a life of activism, starting with a 1979 march on the Capitol he helped organize that drew 65,000 demonstrators and appearances by Joni Mitchell, Jackson Browne and Graham Nash.

At 75, Stilp is still at it — now protesting Baltimore-based ...Read more

Dai Sugano/Bay Area News Group/TNS

Bay Area developer building 'micro-studios,' and yes, people are renting them

Business / Business News /

The size of a typical studio apartment is 500 to 600 square feet. The studios that Riaz Capital is building around the Bay Area measure on average 300 square feet — which is on the small side, even for a standard hotel room.

But the Oakland-based developer sees micro-studios as a way to provide “affordability by design” in a state where ...Read more

Karl Mondon/Bay Area News Group/TNS

California reaches new record clean energy milestone

Business / Business News /

SAN JOSE, Calif. — California has hit a new record for clean energy.

Solar, wind, hydropower and other carbon-free sources made up 67% of the state’s retail electricity supply in 2023, the most recent year that data is available, according to new statistics released Monday by the California Energy Commission.

The total is an increase from ...Read more

General Motors/General Motors/TNS

GM, LG Energy Solutions to make cheaper EV batteries at Tennessee site

Business / Business News /

New, cheaper batteries for electric vehicles will be made in Tennessee as part of a partnership between General Motors Co. and LG Energy Solution, the companies said Monday.

Ultium Cells LLC, a joint venture between GM and LGES, plans to upgrade its Spring Hill, Tennessee, plant later this year to produce lithium iron phosphate cells beginning ...Read more

Angela Rowlings/Boston Herald/TNS

Republicans running for governor of Massachusetts tap business connections for cash

Business / Business News /

The two Republicans running for governor of Massachusetts have tapped their business connections for tens of thousands of dollars since launching their campaigns in attempts to shore up their bank accounts during the early days of the 2026 election, according to state data.

Mike Kennealy, a former state housing and economic development ...Read more

Chip Somodevilla/Getty Images North America/TNS

Market resilience challenged by Trump's weekend tariff salvo

Business / Business News /

Financial markets, which have shown increasing insensitivity to tariff threats from the U.S., will face a test at the Monday open after President Donald Trump declared a 30% rate for the European Union and Mexico effective Aug. 1.

Trump has ratcheted up trade measures, promising that more tariffs are coming to everyone from Canada to Brazil to ...Read more

Chip Somodevilla/Getty Images North America/TNS

Market resilience challenged by Trump's weekend tariff salvo

Business / Business News /

Financial markets, which have shown increasing insensitivity to tariff threats from the U.S., will face a test at the Monday open after President Donald Trump declared a 30% rate for the European Union and Mexico effective Aug. 1.

Trump has ratcheted up trade measures, promising that more tariffs are coming to everyone from Canada to Brazil to ...Read more

Michael M. Santiago/Getty Images North America/TNS

Business leaders pouring cash into NYC mayoral race to beat Mamdani, but unclear who to back

Business / Business News /

NEW YORK — The city’s wealthy powerbrokers are opening their pocketbooks to try to stop Democratic nominee Zohran Mamdani from reaching City Hall — but it’s still not clear which alternative is the best bet for their cash.

This year’s mayoral race is shaping up to be the first competitive general election in years, with incumbent ...Read more

Ford Motor Co./Ford Motor Co./TNS

Ford, German union strike deal for job protection, voluntary reductions in Cologne

Business / Business News /

Ford Motor Co. has struck a deal with a German labor union that includes protections for more than 10,000 workers at its Cologne plant and voluntary job reductions as the Dearborn automakers struggles with selling electric vehicles in Europe.

Ford has approved the negotiation results that would offer job security to its employees, and IG Metall...Read more

PATRICK T. FALLON/AFP/Getty Images North America/TNS

Amazon Prime Day finds success amid tariffs, consumer concerns

Business / Business News /

Amazon Prime Day sales looked bumpy at first this week, with year-over-year comparisons for the first two days down. But by Friday, early data showed solid sales for the tech giant despite economic uncertainty.

The Seattle-based e-commerce company has somewhat diluted the annual online sales bonanza. What was once a one-day event soon grew to ...Read more

Glen Stubbe/Star Tribune/TNS

Where CEOs live becomes source of debate as companies tighten in-office policies

Business / Business News /

Return to office mandates are on the rise, leading many people to ask: What about the CEO?

Starbucks, for example, ended its remote work policy for corporate headquarters staff in 2023. But the Seattle company was skewered last year when it granted its new CEO a remote work arrangement.

With the corporate zeitgeist shifting toward in-office ...Read more

Stellantis/Stellantis/TNS

Larry Printz: Chrysler at 100: Does it have a future?

Business / Business News /

Maybe you didn’t notice, but Chrysler celebrated its centennial last month.

Of course, unless you’re considering the purchase of a 2025 Chrysler Voyager or Pacifica minivan, you probably haven’t thought about the brand much. In 2024, Chrysler sold 124,684 units, consisting of Pacifica and Voyager minivans alongside a handful of leftover ...Read more

Brian Peterson/Minnesota Star Tribune/TNS

Target calls entire commercial unit back to headquarters three days a week

Business / Business News /

After a trickling of return-to-office policies within individual teams, Target is officially calling back all headquarters workers from one of its largest business units three days a week.

The commercial unit, overseen by Target’s Chief Commercial Officer Rick Gomez, includes buyers, assistant buyers and planners. Those affected were notified...Read more

Kia/Kia/TNS

Auto review: Bolder Kia Sorento PHEV boosts luxury, technology

Business / Business News /

If anyone wondered why the Sorento hybrids were left out of Kia’s midcycle refresh last year, the carmaker wasn’t playing favorites. Those hybrids join the others with the new look and extra goodies for 2025.

The Sorento hybrid and PHEV (plug-in hybrid electric) now have the same bolder styling, attractive cabin laden with new tech features...Read more

Detroit Axle warns of more layoffs as tariff case is heard by federal court

Business / Business News /

Detroit Axle, a large aftermarket auto parts dealer, says it has cut a handful of jobs so far and more layoffs are coming if it can't get tariff relief on goods it imports from China.

The Ferndale-based company, which in May sued President Donald Trump's administration over the tariffs, said in recent court filings that it's been forced to lay ...Read more

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Tesla likely to begin first deliveries in India from August

Business / Business News /

Tesla Inc. will open its first showroom in India on Tuesday and begin deliveries as early as next month, according to people familiar with the matter, as the Elon Musk-led electric vehicle maker looks to tap potential demand in the third-largest automobile market to counter slowing sales elsewhere.

The opening of the Mumbai showroom will mark ...Read more

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Intel chops several hundred Bay Area tech jobs as chipmaker retrenches

Business / Business News /

SANTA CLARA, California — Intel has disclosed plans to slash more than 400 Bay Area jobs this month, in an ominous sign that some tech companies must navigate a dreary economic landscape.

The semiconductor colossus has revealed a decision to cut 410 jobs in the Bay Area during July, according to official WARN notices that Intel filed with the...Read more

Henry Payne/The Detroit News/TNS

Auto review: The first convertible of summer, Mazda MX-5 Miata

Business / Business News /

OAKLAND COUNTY, Michigan — It was a looooong Michigan winter this year with bitter temperatures, record snowfalls and chilly May days. In the South where I grew up, we hail the first songbird of April spring. Here in Michigan, I look for the first convertible of June summer.

It arrived in my driveway as a Mazda MX-5 Miata.

What a joy this ...Read more

Marc Grasso/Boston Herald/TNS

Auto review: 2025 Ford Explorer Platinum is a passenger moving gem

Business / Business News /

When buyers are in the market for a vehicle that can move a lot of stuff, they tend toward options that can handle the capacity while not breaking the bank. The Chevrolet Traverse and even the KIA Telluride come to mind, but a perennial favorite has been the long-lasting Ford Explorer. In Grasso’s Garage this week, we review a beautiful 2025 ...Read more