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US nuclear weapons agency breached in Microsoft SharePoint hack
The U.S. agency responsible for maintaining and designing the nation’s cache of nuclear weapons was among those breached by a hack of Microsoft Corp.’s SharePoint document management software, according to a person with knowledge of the matter.
No sensitive or classified information is known to have been compromised in the attack on the ...Read more

Hershey raising candy prices by double digits on high cocoa costs
Hershey Co. is raising prices on its candy due to historically high cocoa costs.
The Pennsylvania-based maker of Hershey’s chocolates and Reese’s Peanut Butter Cups told its retailers last week that it would be implementing a roughly double-digit price increase, company officials said Tuesday. That increase reflects a higher list price as ...Read more

AI boom leads to record costs on US grid and call for new plants
Businesses and households served by the largest U.S. power grid will spend a record $16.1 billion to ensure electricity supplies — a result that prompted immediate calls from utilities and energy groups to build more generation amid the AI frenzy.
The payouts to generators and other suppliers topped last year’s record $14.7 billion, ...Read more

Wells Fargo executive barred from leaving China, as bank suspends travel there
Wells Fargo has suspended all employee travel to China after a U.S. executive was barred from leaving the country last week due to “a criminal case,” several national news outlets have reported.
China blocked Wells Fargo banker Chenyue Mao, a Shanghai-born managing director based in Atlanta, from leaving the country because “she is ...Read more

Jonathan Lansner: 19% of California houses are owned by investors
Relatively speaking, California is not a hot spot for housing investors.
That’s a conclusion from my trusty spreadsheet’s review of data on investor activity across the nation from BatchData, a small data tracker that digs deeper into property records than many traditional real estate analysts.
BatchData reviewed California ownership ...Read more

Americans are paying for Trump's tariffs, not foreign companies
Who’s paying for Donald Trump’s tariffs? So far, American businesses and consumers.
General Motors Co. was the latest U.S. company to disclose how the levies are raising costs, with the automaker saying Tuesday that the duties dented profits by more than $1 billion as it chose to absorb the blow. That helps explain why car prices didn’t ...Read more

H-1B visa: Trump administration signals major change for controversial foreign-worker program
The administration of President Donald Trump plans to change the criteria for awarding the controversial H-1B visa, intended for foreign workers with specialized skills, and heavily used by Silicon Valley technology companies. But the nature of the change remains unclear.
U.S. Citizenship and Immigration Services on Thursday notified the ...Read more

LA Times owner intends to take newspaper public in coming year
The owner of the Los Angeles Times said Monday he would "take the paper public" in the next year.
In an interview on "The Daily Show With Jon Stewart," Dr. Patrick Soon-Shiong said the move would allow The Times "to be democratized and allow the public to have ownership of this paper."
He did not provide specifics about how the deal would work...Read more

For months, Amazon overcharged residents of one San Diego neighborhood
SAN DIEGO — Amazon is refunding sales tax overcharges to customers in Del Mar Heights, thanks to a campaign led by a retired doctor who contacted The San Diego Union-Tribune and sounded the alarm on the NextDoor social media platform.
Del Mar Heights, a neighborhood in the city of San Diego, shares the 92014 ZIP code with the city of Del Mar,...Read more

Microsoft flaw 'opens the door' for hackers. It will be hard to close
Waves of cyberattacks are hitting a commonly used Microsoft product, compromising dozens of organizations around the world.
The hackers exploited a vulnerability in Microsoft SharePoint, an internet-based app primarily used by government agencies and private companies for internal documents and records. The company alerted customers to the ...Read more

After years of 777X line delays, Boeing's new freighter hits milestone
With just one drill hole, Boeing has officially begun production for the newest member of its 777X family: the 777-8 freighter.
Roughly 100 Boeing employees gathered Monday in one of the company’s Everett, Washington, factories to cheer on a robotic arm and its human operator as the machine drilled a hole in a wing spar bound for the new ...Read more

In-N-Out owner Lynsi Snyder says she is leaving California
For more than 75 years, In-N-Out Burger has been a pillar of California fast-food culture, its Double-Doubles and palm tree logos becoming fixtures of the West Coast landscape. But now, the family-owned chain is making a pivot eastward, with billionaire owner and Chief Executive Lynsi Snyder announcing her own departure from the Golden State.
"...Read more
The US has long wanted to sell more cars in Asia. Do Asian consumers want them?
In the early 2000s, an observant driver might have noticed an unusual sight on South Korean streets: Some of the police cars were American-made Ford Tauruses.
Although South Korean patrol cars were normally supplied locally by Hyundai or Kia, the Tauruses were there as a goodwill gesture from the South Korean government, which bought 100 of ...Read more
GM reports $3 billion in profits between April and June
General Motors Co. brought in $3 billion in adjusted pre-tax earnings between April and June, the company announced Tuesday.
GM said earnings in the second quarter reflect a more than $1 billion hit from President Donald Trump's tariffs, "reflecting minimal mitigation offsets." For comparison, GM earned close to $3.5 billion in the first three ...Read more

Ex-UAW President Ray Curry calls on Reuther Administration Caucus, criticizes current leaders
Former United Auto Workers President Ray Curry accused the current union's leadership of "fear, intimidation and retaliation" in a letter sent to retired officers and regional directors seeking interest in a video call on the future of the Reuther Administration Caucus a year out from the next Constitutional Convention.
The letter obtained by ...Read more

Tesla fans line up to get into the long-awaited Tesla Diner in Hollywood
A long line of people gathered near Elon Musk's futuristic Tesla Diner in Hollywood on Monday after he suggested it was about to open to the public.
The diner, which Musk has been planning since 2018, is set to have lots of superchargers for electric vehicles and two drive-in movie screens. The saucer-shaped structure blends a retro American ...Read more

Alaska Airlines says hardware failure led to IT outage, grounding planes
Alaska Airlines is rushing to fix a major disruption to its service after a hardware failure forced a ground stop of its planes for around three hours Sunday night.
The airline was still continuing to “get our operations back on track” as of 11 a.m. Monday, according to a statement. The SeaTac, Washington-based carrier first reported the ...Read more
Prominent Haitian businessman, former presidential hopeful arrested by ICE in South Florida
An influential Haitian businessman and controversial political power broker is being detained by the U.S. Immigration and Customs Enforcement, according to immigration court records and sources familiar with the arrest.
Pierre Reginald Boulos, an American-born entrepreneur and physician who exercised his influence through connections with top ...Read more

Too many Americans live paycheck to paycheck. This researcher has some ideas to help
For all the change constantly happening in and around the Magic City, many Miamians feel stuck.
More than half of Miami-Dade’s population lives paycheck to paycheck. They’re spinning their wheels, moving from one day to the next, hoping they avoid the health emergency, job loss, car accident or hurricane that would push them over the ...Read more

Stellantis reports $2.7 billion loss thanks to tariffs, restructuring, slow sales
Stellantis NV reported a preliminary loss of $2.7 billion (2.3 billion euro) for the first half of this year amid President Donald Trump's tariffs and as the global automaker's sales continued to sputter.
The early results — a full earnings report comes July 29 — show how the transatlantic parent of Jeep, Ram and Fiat remains deep in ...Read more
Popular Stories
- Ex-UAW President Ray Curry calls on Reuther Administration Caucus, criticizes current leaders
- Tesla fans line up to get into the long-awaited Tesla Diner in Hollywood
- In-N-Out owner Lynsi Snyder says she is leaving California
- Prominent Haitian businessman, former presidential hopeful arrested by ICE in South Florida
- Alaska Airlines says hardware failure led to IT outage, grounding planes