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Bob Bakish is ousted as CEO of Paramount Global
Paramount Global CEO Bob Bakish was ousted Monday after a bitter falling out with the media and entertainment company’s controlling shareholder, Shari Redstone.
The company, which owns CBS, Nickelodeon, MTV and the ...Read more
May Fed meeting preview: Are rate cuts canceled or just delayed? Watch for these 3 key themes as inflation stays hot
At the start of the year, the nation’s top economists thought the Federal Reserve would be using its May rate announcement to tee up the first cut of its fiercest inflation-fighting regime in 40 years.
Now, as inflation...Read more
Hollywood's crew union negotiations have gone well so far. Now the hard part begins
In a departure from the labor rebellions that roiled Hollywood last year, the latest set of contract negotiations between a major entertainment union and the top studios has unfolded about as smoothly as could be expected....Read more
Friends split a mortgage, share a home to beat high housing costs
Sara Kemper and Betsy Ohrn have been besties since first grade, so they've shared a lot through the years: even the mortgage on a St. Paul house that's much larger and grander than anything they could have afforded ...Read more
'Bad for business': Homeless hot spots in Fort Lauderdale not a good look, critics say
Local entrepreneurs have a message for Fort Lauderdale, Florida: The city’s homeless crisis is bad for business — and getting worse.
The complaints take on a new urgency in light of a new state law that bans homeless ...Read more
Hong Kong vies with US in Bitcoin ETF market after crypto's revival
A batch of exchange-traded funds investing directly in crypto will debut in Hong Kong on Tuesday, heralding potential competition for US Bitcoin products whose popularity stoked a record rally in the digital asset.
...Read more
Bird flu's disturbing new turn into cattle
U.S. health officials are closely monitoring the recent leap of avian flu from birds to cattle — and earlier this month, to a Texas dairy farmer.
The Centers for Disease Control and Prevention stresses the current ...Read more
Erin Lowry: Your retirement anxiety can't be cured online
The often-cited goal of having a $1 million retirement nest egg needs to be retired itself. Adjusted for inflation, it would take nearly $1.9 million to have the same purchasing power today as in 1999, when the oldest of ...Read more
Rivian: 'We are not abandoning Georgia'
Executives for electric vehicle maker Rivian said Saturday the company remains committed to building a massive manufacturing plant 60 miles east of Atlanta despite a recent pause on construction.
The company recently ...Read more
Sodium batteries from Michigan to challenge lithium's grip
Modern life runs on lithium-ion batteries, powering smartphones, laptops and electric cars alike. But as dominant as they’ve become, there are other ways to build a battery.
Natron Energy Inc. will unveil what it bills...Read more
Motormouth: Can I use flex fuel?
Q: What's with this new eco-friendly gas blend with the yellow handle? Will it harm a non-flex fuel engine? It's 50 cents cheaper.
R.M., Elbert, Colorado
A: According to the U.S. Department of Energy, Energy Efficiency ...Read more
Musk makes surprise China visit in search of Tesla revenue boost
Tesla Inc.’s Elon Musk made an unannounced trip to China on Sunday, seeking approval for driver-assistance software that could help arrest the carmaker’s revenue decline.
The Tesla chief executive officer met with ...Read more
Hackers may have accessed Inquirer subscriber and employee personal data in 2023 cyberattack
About 25,500 Philadelphia Inquirer subscribers, employees, former employees, and employees’ family members on company benefit plans may have had their personal information exposed in a May cyberattack, Inquirer publisher...Read more
Boeing buys Missouri factory, saving 550 jobs
HAZELWOOD, Missouri — Boeing’s defense arm announced Friday it has reached a deal to buy a key supplier, saving a north St. Louis County factory that had threatened to wind down operations by the end of the year but ...Read more
Jassy, Bezos, other Amazon execs used Signal messaging app, a problem for FTC
The Federal Trade Commission wants to know more about how Amazon — and its executives — use the encrypted messaging app Signal.
The agency accused Amazon of using the app, which can be set to automatically delete ...Read more
Michael Hiltzik: After a years-long pause, the FCC resurrects 'network neutrality,' a boon for consumers
In the midst of its battle to extinguish the Mendocino Complex wildfire in 2018, the Santa Clara County Fire Department discovered that its internet connection provider, Verizon, had throttled their data flow virtually ...Read more
Baltimore businesses sue Dali owners for negligence in Key Bridge collapse
BALTIMORE — A Baltimore publisher is suing the companies behind the massive cargo ship that collapsed the Francis Scott Key Bridge last month, saying they were negligent for allowing an allegedly unseaworthy ship to sail...Read more
Union with little inroads at banks tries to organize Wells Fargo workers in Charlotte
On a recent Friday, more than 20 labor activists stood outside Wells Fargo operations in uptown and the university area of Charlotte, North Carolina, passing out flyers to employees about their right to form a union — a ...Read more
LA court strikes down controversial California law abolishing single-family zoning
A controversial housing law that abolished single-family zoning across California has been ruled unconstitutional by a Los Angeles County judge — but the narrow ruling is likely to be appealed by the state.
Passed in ...Read more
Larry Printz: Maserati GranCabrio Folgore: A healthy dose sexy Italian automotive lightning
Ooooh. That’s pretty, isn’t it? It’s the Maserati’s newest EV, the 2025 Maserati GranCabrio Folgore, a pure battery electric, two-door, four-seat convertible, a model in a class of one. It took nearly eight years ...Read more