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Yuri Gripas/Abaca Press/TNS

US, Mexico near deal to cut steel duties and cap imports

Business / Business News /

The U.S. and Mexico are closing in on a deal that would remove President Donald Trump’s 50% tariffs on steel imports up to a certain volume, according to people familiar with the matter, a revamp of a similar deal between the trade partners during his first term.

Trump hasn’t been directly involved in the negotiations and would need to ...Read more

Myung J. Chun/Los Angeles Times/TNS

Owners of damaged downtown LA businesses still support the protesters, just not the 'hoodlums'

Business / Business News /

LOS ANGELES — After four days of protests, shopkeepers in downtown Los Angeles began on Tuesday to sweep up glass, board up windows and try to make sense of the violence that erupted during the demonstrations against immigration raids near the heart of the city.

Around Little Tokyo and other downtown Los Angeles neighborhoods, workers and ...Read more

Dreamstime/Dreamstime/TNS

Minnesota woman sues Delta after being punched by drunk passenger midflight

Business / Business News /

A Minneapolis woman is suing Delta Air Lines, claiming the airline is responsible for a drunk passenger assaulting her on an October flight from Puerto Rico to Atlanta.

Minnie Holmes, 72, filed a federal lawsuit last week alleging Delta flight attendants served alcoholic drinks to two passengers despite obvious signs of drunkenness. Holmes said...Read more

Jennifer Buchanan/The Seattle Times/TNS

Boeing 'rolled out' 38 Max planes in May, reaching FAA production cap

Business / Business News /

Boeing delivered 45 airplanes in May and booked 303 gross orders, its largest monthly order count since December 2023.

The bulk of those orders came from Qatar Airways, which signed a deal for 120 787 planes and 30 777Xs during President Donald Trump’s visit to the Middle East last month. That deal marked the largest ever order for Boeing ...Read more

Mandel Ngan/AFP/GETTY IMAGES NORTH AMERICA/TNS

The Justice Department wants to end an agreement it reached with a Pa. bank it accused of redlining in Philly

Business / Business News /

Two years ago, the U.S. Department of Justice accused a Pennsylvania bank of redlining — avoiding lending in majority-Black and Hispanic neighborhoods in and around Philadelphia.

ESSA Bank & Trust, based in Stroudsburg, Pennsylvania, denied the accusations but entered into a settlement agreement with the federal government in which the bank ...Read more

Todd McInturf/The Detroit News/TNS

GM plans $4 billion push to move production from Mexico to US

Business / Business News /

General Motors Co. plans to invest $4 billion to move production from Mexico to three plants in the United States, including its Orion Assembly Plant in suburban Detroit, three sources familiar with the situation told The Detroit News.

Full-size SUVs and light-duty pickups are coming to Orion, which was being retooled to build electric trucks ...Read more

Arvin Temkar/The Atlanta Journal-Constitution/TNS

Groups say regulators broke state rules with praise of Georgia Power rate deal

Business / Business News /

Last month, Georgia Power and the Public Service Commission’s public interest staff announced they had struck a preliminary deal to keep the company’s current base rates steady for the next three years.

Speaking at a May 21 news conference at the state Capitol, where he was flanked by Gov. Brian Kemp, PSC Chairman Jason Shaw touted the ...Read more

Nathan Howard/Getty Images North America/TNS

Data centers prompt US to boost power-usage forecast by 92%

Business / Business News /

U.S. data centers are rapidly driving up demand for power, with the official forecast for electricity consumption next year almost doubling in the past month.

Total power usage in the U.S. is expected to climb 2.15% in 2026, spurred largely by a 5% spike from commercial users because of the expansion of data centers, according to a U.S. Energy...Read more

Henry Payne/The Detroit News/TNS

GM claims No. 2 spot in US electric vehicle sales

Business / Business News /

General Motors Co. topped crosstown rival Ford Motor Co. to take the No. 2 spot in U.S. electric vehicle sales for the first five months of 2025.

The Detroit automaker announced 62,000 EVs sold this year through May. Chevrolet carried sales among the company's brands, with 37,000 sold in the United States in that same period.

Ford sold 34,132 ...Read more

Charley Gallay/Getty Images North America/TNS

Wearing a computer on your face? Snap looks to take on rivals with new augmented reality glasses

Business / Business News /

For years, Snap has envisioned a future where people wear glasses to view and interact with computer-generated images without having to scroll through their smartphones.

The Santa Monica, California-based tech company will soon see if its multibillion-dollar bet on augmented reality glasses has paid off.

Snap said Tuesday it plans to release ...Read more

Trent Sprague/Chicago Tribune/TNS

Chicago could force Uber and Lyft to hike driver pay

Business / Business News /

Rideshare companies like Lyft and Uber could soon be forced to pay Chicago drivers more if an ordinance up for debate Thursday moves ahead, a change the companies say would cause the cost of rides to skyrocket for passengers.

Ald. Michael Rodriguez, 22nd, said his measure would make sure rideshare drivers make more than minimum wage and get ...Read more

Antonio Perez/Chicago Tribune/TNS

Thousands of Illinois workers caught in middle of transit fiscal cliff talks

Business / Business News /

CHICAGO — Illinois lawmakers ended their spring legislative session without finding a way to plug the gaping $771 million budget gap facing the Chicago region’s mass transit systems next year.

Thousands of jobs hang in the balance.

The Regional Transportation Authority has estimated that nearly 3,000 workers could lose their jobs if ...Read more

Andrew Harnik/Getty Images North America/TNS

Michigan Democrats embrace 'smart politics,' opposition to California EV mandates

Business / Business News /

WASHINGTON — Michigan's U.S. Sen. Elissa Slotkin stood out last month as the only Senate Democrat to join Republicans in voting to kill California’s influential, nation-leading electric vehicle sales rules.

Her break from other Democrats shocked industry groups — even oil and gas lobbyists — that expected a party-line result on the ...Read more

Luke Johnson/Los Angeles Times/TNS

What businesses are the feds targeting during LA immigration sweeps? Here's what we know

Business / Business News /

LOS ANGELES — As the immigration sweeps in Southern California intensify, some patterns appear to be emerging about federal targets.

While some sweeps appear to be centered at certain workplaces, others seem to be chosen at random.

Agents were spotted Monday at a courthouse and library in Whittier, Home Depots in Huntington Park and Santa ...Read more

Robert Gauthier/Los Angeles Times/TNS

How the federal immigration raids could disrupt California's economy

Business / Business News /

President Trump promised a new “golden age” for America, but it’s been anything but that for Los Angeles, with its dependence on trade and immigrant labor — two backbones of the region’s economy.

First, the president’s tariffs cut deeply into traffic at the ports of Los Angeles and Long Beach, and now his push to arrest undocumented...Read more

Allen J. Schaben/Los Angeles Times/TNS

Disney finally owns all of Hulu, ending long tug-of-war with Comcast

Business / Business News /

Walt Disney Co. has agreed to pay Comcast Corp. an additional $438.7 million to finalize the Mouse House purchase of streaming service Hulu.

Disney in December 2023 initially paid Comcast $8.6 billion for NBCUniversal's one-third stake in the streaming service.

The final payment, announced Monday, brings the total amount the Burbank ...Read more

Renée Jones Schneider/Minnesota Star Tribune/TNS

With workplace incivility on the rise, these companies are trying harder to bring workers together

Business / Business News /

Linda Peterson spent years working in salons where she didn’t feel valued.

So when she set out to open her own salon, she knew it had to be different, starting with a big break room where employees could gather to decompress and talk openly.

“I know I don’t make money in my break room, but what it did is it created a culture in which ...Read more

David Maialetti/The Philadelphia Inquirer/TNS

Will Vanguard and other companies replace lost federal funds for Philadelphia-area entrepreneurs?

Business / Business News /

After financing more than 1,000 loans to some of the Philadelphia area’s smallest businesses, Lynne Cutler is leaving the top job at the Women’s Opportunities Resource Center. She founded WORC 32 years ago and now passes the torch to new executive director Iola Harper.

Amid the transition, future federal funding for its microloans and other...Read more

Candice Williams/The Detroit News/TNS

Detroiters call for Job Corps fund freeze to be lifted

Business / Business News /

DETROIT — When Michelle Alston’s son asked if four of his Job Corps classmates could stay with them because they had nowhere else to go, she didn’t hesitate. She learned that students had been sleeping in two cars parked outside of her Detroit home.

"Just come in," she recalled telling them. "Just come in."

Alston recalled the panic she ...Read more

Anna Moneymaker/Getty Images North America/TNS

'PayPal Mafia': How power trio of Musk, Thiel and Sacks rode Silicon Valley startup success into Trump White House

Business / Business News /

First Elon Musk, Peter Thiel and David Sacks upended America’s financial-services industry with an innovative Silicon Valley startup called PayPal that rocketed to dominance as the internet took hold.

Now the conservative billionaires have leveraged the power, wealth and connections that grew out of their membership in the “PayPal Mafia” ...Read more