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Time to go vegetarian? Cost of chicken and ground beef hit record highs.

Business / Business News /

If you’ve ever considered going vegetarian, now might be the time to make the jump to a meat-free diet.

Chicken and ground beef notched record-breaking prices in June, continuing their climb as feed and production costs rise along with demand. But while the cost of chicken has increased more steadily, beef prices have surged rapidly, jumping ...Read more

Dan Kitwood/Getty Images North America/TNS

Crypto market value tops $4 trillion as stablecoin bill passes

Business / Business News /

The total market value of cryptoassets surged past $4 trillion for the first time, driven by a rally in altcoins and momentum from a sweeping U.S. legislative push to regulate the sector.

The options market shows traders are increasing bets for even higher prices in the weeks ahead.

“Bitcoin’s path to $150,000 looks increasingly ...Read more

Joe Raedle/Getty Images North America/TNS

Froot Loops, Apple Jacks to cut synthetic dyes by 2027

Business / Business News /

WK Kellogg Co. will remove synthetic dyes from its cereals, including Froot Loops and Apple Jacks, by the end of 2027, joining a growing cohort of other U.S. companies that have committed to eliminate colorants such as Red 40 and Yellow 5 from their foods.

The Battle Creek, Michigan-based company said it would remove the additives on its ...Read more

Justin Sullivan/Getty Images North America/TNS

Chevron triumphs over Exxon, wins 20-month battle to buy Hess

Business / Business News /

Chevron Corp. has prevailed in a 20-month fight to buy Hess Corp. for $53 billion, overcoming a challenge by arch rival Exxon Mobil Corp. that was unprecedented in the modern history of Big Oil.

The ruling by an arbitration court allowing the deal to close is a major victory for Chevron, ending a period of strategic limbo that hurt its stock ...Read more

Anthony Souffle/Minnesota Star Tribune/TNS

Minnesota taconite plants get reprieve from mercury pollution limit, after Trump order

Business / Business News /

Taconite plants on Minnesota’s Iron Range will now get two extra years to comply with a rule that would have forced them to cut how much mercury they release into the air.

A proclamation signed by President Donald Trump on Thursday notes that the rule “places significant burdens on a sector critical to the Nation’s industrial foundation,�...Read more

Clarence Tabb Jr./The Detroit News/TNS

Trump's auto loan tax break could save working class buyers thousands, experts say

Business / Business News /

WASHINGTON — A Trump-backed tax holiday on auto loan interest payments could save middle-class Americans several hundred dollars apiece on new U.S.-built vehicle purchases through 2028, according to industry experts.

The break comes via a provision in the Republicans' One Big Beautiful Bill Act, a massive tax cut and spending package signed ...Read more

Eileen T. Meslar/Chicago Tribune/TNS

Lawyers for Chicago Housing Authority used ChatGPT to cite nonexistent court case

Business / Business News /

Lawyers hired by the Chicago Housing Authority recently cited Illinois Supreme Court case Mack v. Anderson in an effort to persuade a judge to reconsider a jury’s $24 million verdict against the agency in a case involving the alleged poisoning of two children by lead paint in CHA-owned property.

The problem?

The case doesn’t exist.

In the...Read more

Allen J. Schaben/Los Angeles Times/TNS

Wildfire victims' in limbo as fight with insurers hits another snag

Business / Business News /

After receiving more than 1,000 complaints from Jan. 7 fire victims about how insurers are handling their claims, state regulators are considering referring hundreds of the cases to mediation — a little used practice that some consumer advocates fear could hurt policyholders.

The Department of Insurance has been bombarded with complaints ...Read more

Henry Payne, The Detroit News/The Detroit News/TNS

Auto review: Plug-in face-off, Range Rover Sport vs. Volvo XC90

Business / Business News /

OAKLAND COUNTY, Michigan — If you FOMO on BEVs but still must emit CO2 for trips, PHEV may be your GOAT.

Translation: Plug-in Hybrid Electric Vehicles (PHEV) are the new fashion statements as luxury customers face the drawbacks of BEVs (battery electric vehicles) yet still require electric for moral or convenience reasons. Two of the latest ...Read more

Dirk Shadd/Tampa Bay Times/TNS

Investors snapped up Tampa Bay homes damaged by hurricanes Helene and Milton

Business / Business News /

Ann Haendel lived happily in her St. Pete Beach, Florida, home for more than 30 years before Helene sent 3 feet of water into the two-bedroom cottage.

When she returned after evacuating, the place looked “like a tornado had ripped through,” she said. Furniture was upturned and books lay sopping on the floor.

The city determined that the ...Read more

Ronaldo Schemidt/Getty Images North America/TNS

Walmart can't dodge ICE's bid for $24M fine, appeals court rules

Business / Business News /

Walmart must face the federal government’s attempt to fine it $24 million for alleged failures to keep records on worker eligibility, an appeals court has ruled, reversing a Georgia judge’s decision in the retail giant’s favor.

Between 2018 and 2021, U.S. Immigration and Customs Enforcement inspected 20 Walmart facilities across the ...Read more

Leila Navidi/The Minnesota Star Tribune/TNS

Land O'Lakes CEO Beth Ford: Dairy needs immigration reform

Business / Business News /

As Land O’Lakes CEO Beth Ford sees it, one will break first: gridlock on U.S. immigration policy or the nation’s food system.

How President Donald Trump’s crackdown is affecting agriculture and thus the economy overall is at the forefront for Ford, chair of the immigration committee for Business Roundtable. That CEO organization lobbies ...Read more

Patrick Gosling/TNS/TNS

Auto review: 2025 McLaren Artura Spider is the six-figure cure for your midlife crisis

Business / Business News /

If the world of automotive engineering is a symphony, then McLaren is surely its lead violinist — sharp, precise, and at the front of the pack. Enter the 2025 McLaren Artura Spider, a drop-top interpretation of the brand’s plug-in hybrid supercar.

This isn’t just a roofless Artura. No, this is McLaren flexing its engineering muscle and ...Read more

Alejandro Tamayo/The San Diego Union-Tribune/TNS

Everything is bigger at San Diego Comic-Con this year. Except Hollywood

Business / Business News /

A year after a Hollywood onslaught at Comic-Con International, more than one big studio has decided to take a break.

In a new era of Hollywood belt-tightening, many experts say the expense of Comic-Con might not be worth it, especially as production of new projects has slowed. The big superhero film producers, DC Studios and Marvel Studios, ...Read more

Marc Grasso/Boston Herald/TNS

Auto review: 2025 Volvo EX40 delivers compact luxury perfectly

Business / Business News /

As the electric vehicle market is still in full swing, Volvo rises to the top with the release of its compact SUV, the EX40. This year, Grasso’s Garage has tested the XC60 and XC90 in both hybrid forms and absolutely loved everything about them. The EX40, a full electric compact SUV, was certain to be a fun one.

On the interior, we noticed ...Read more

Lorraine MIrabella/The Baltimore Sun/TNS

T. Rowe Price lays off undisclosed number of employees

Business / Business News /

T. Rowe Price has started laying off employees, the company said Thursday, — including at its Baltimore headquarters — in a push to slash costs and jumpstart growth at the global investment giant.

The company did not disclose the number of job cuts but confirmed the plan includes “targeted role eliminations.”

“We have a broad plan ...Read more

K.C. Alfred/The San Diego Union-Tribune/TNS

Econometer: Will the elimination of federal tax credit significantly hurt the solar industry?

Business / Business News /

President Donald Trump’s One Big Beautiful Bill, signed July 4, eliminated a 30% federal tax credit for residential rooftop solar installations.

Experts are now debating if the elimination will significantly hurt the industry or if solar adoption developed such momentum that it will continue to grow on its own.

Trump’s bill won’t go into...Read more

Renee C. Byer/The Sacramento Bee/TNS

AI comes to California's electric grid

Business / Business News /

Artificial intelligence figures to impact virtually every aspect of the global economy and now it’s making a foray onto California’s electric grid.

The California Independent System Operator, which manages the power system for about 80% of the Golden State and a portion of Nevada, just agreed to launch a pilot program that will use an AI ...Read more

.No Ju-han/Netflix/TNS/TNS

Netflix earnings surged last quarter. Thank 'Squid Game,' price hikes and advertising

Business / Business News /

LOS ANGELES — Thanks to popular shows like "Squid Game," plus price hikes and growing advertising revenues, Netflix on Thursday reported strong growth in the second quarter, beating analysts' expectations.

The streamer's revenue rose 16% to $11.1 billion, while the company's net income increased 46% to $3.1 billion compared to a year earlier....Read more

Dania Maxwell/Los Angeles Times/TNS

People said it was too hard to cancel Peacock. Now NBCUniversal must pay $3.6 million

Business / Business News /

LOS ANGELES — Three years ago, a Southern California consumer complained about unwittingly renewing a Peacock subscription. Now, the conflict is expected to end with media giant NBCUniversal paying $3.6 million to Los Angeles County.

The county this week announced a proposed settlement with NBCUniversal and its subsidiary, Peacock TV, to ...Read more