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Susan Stocker / South Florida Sun Sentinel/South Florida Sun Sentinel/TNS

Norwegian Cruise Line cancels sailings through June amid coronavirus pandemic

Business / Business News /

The date any cruise line will return to service in the U.S. continues to push further into the calendar year, with Norwegian Cruise Line announcing the latest round of cancellations.

Parent company Norwegian Cruise Line Holdings Ltd. announced Tuesday: “We have extended our voluntary temporary suspension of all voyages through June 2021.”

...Read more

Junfu Han, Detroit Free Press/Detroit Free Press/TNS

UWM misses 80% broker support goal in feud with Rocket Mortgage, Fairway

Business / Business News /

About 65% of 4,600 independent mortgage brokers agreed not to do business with Rocket Companies Inc. and another competitor, missing United Wholesale Mortgage Holdings Corp. CEO Mat Ishbia's expectations to enlist 80% or more.

The Pontiac-based lender issued an ultimatum earlier this month saying it no longer will work with brokers originating ...Read more

Virgin Voyages/TNS/TNS

You'll need a COVID vaccine if you want to cruise with Virgin Voyages

Business / Business News /

You'll have to get a COVID-19 vaccine if you want to take a cruise with Virgin Voyages.

The company announced Tuesday it will require all passengers and crew to be vaccinated against the virus when cruises restart, becoming the first South Florida-based cruise company to do so.

In a statement, CEO Tom McAlpin praised the Biden administration's...Read more

Peter Summers/Getty Images Europe/TNS

Uber to reclassify 70,000 UK drivers as workers after ruling

Business / Business News /

Uber Technologies Inc. will reclassify all 70,000 of its U.K. drivers as workers, entitling them to the minimum wage, vacation pay and other benefits after a landmark ruling from the Supreme Court last month.

The ride-hailing app’s drivers will receive at least the national living wage of 8.72 pounds ($12.11) per hour starting Wednesday. This...Read more

Pharma giant Roche to buy Carlsbad's GenMark Diagnostics for $1.8 billion

Business / Business News /

Swiss pharmaceutical giant Roche is buying Carlsbad, Calif.-based GenMark Diagnostics for $1.8 billion — highlighting how the COVID-19 pandemic sparked demand for rapid testing platforms that can detect not only the coronavirus but also other ailments.

The companies announced the transaction on Monday, which calls for Roche to pay $24.05 per ...Read more

Fred Squillante/Columbus Dispatch/The Columbus Dispatch/TNS

It's completely legal, but still the hemp industry has trouble finding banks — here's why

Business / Business News /

The legal marijuana industry’s struggle to find banks willing to offer loans and account services was widely reported when states legalized the drug for recreational and medicinal purposes in recent years.

Marijuana’s opaque legal status — it remains prohibited under federal law — means most financial institutions won't touch it.

But ...Read more

Edgar Hernandez/Dreamstime/TNS

Michael Hiltzik: University of California achieves another big win in its long battle with major scientific publishers

Business / Business News /

The University of California is declaring victory in its long battle with the world’s largest publisher of scientific, technical and professional journals.

UC announced Tuesday a new four-year deal with Netherlands-based Elsevier that will make all research published by UC authors in some 2,500 Elsevier journals subject to the open-access ...Read more

TNS

Job or kids? One in three working moms forced to choose as pandemic enters Year Two

Business / Business News /

After 15 years in a high-paying finance job, Joanna Lepore knew she'd have to quit, for a once-unthinkable reason — she has children.

"I never had any intention of leaving my job," said the married mother of two kids under 10 years of age living in Haddonfield, Pa. But working remotely — while home-schooling her son and watching her toddler...Read more

Gina Ferazzi/Los Angeles Times/TNS

Reopening LA restaurants: Workers brace for 'whole different ballgame' as shifts move indoors

Business / Business News /

LOS ANGELES — Maxwell Reis drove to work Monday morning at Gracias Madre in West Hollywood with the unsettling feeling that things were moving too fast.

As restaurants across Los Angeles reopen to indoor diners, his workplace plans to open up 32 indoor seats Wednesday, the first time in roughly a year that people will eat inside there.

"I do...Read more

Irfan Khan/The San Diego Union-Tribune/TNS

Debate begins over updating California's rooftop solar rules

Business / Business News /

Later this year, the California Public Utilities Commission expects to update the rules over how owners of rooftop solar systems are compensated and if the past is any indication, the debate will be a fierce one between the state's utilities and the solar industry.

Monday marked the day the two sides — as well as other interested parties in ...Read more

Jay L. Clendenin/Los Angeles Times/TNS

Consumer Confidential: Chase stopped a $60,000 fraud. Then it handed the fraudster $19,000

Business / Business News /

What the heck is going on at Chase bank?

After I wrote recently about a pair of La Palma, Calif., seniors whose Chase checking account was drained of $22,000 by a scammer, and who spent weeks fruitlessly trying to get their money back until I intervened, I heard from another Chase customer with an equally jaw-dropping problem.

Neal Leviton ...Read more

Jessica J. Trevino, Detroit Free Press/Detroit Free Press/TNS

UAW accuses Ford of 'greed,' violating contract with plan to send jobs to Mexico

Business / Business News /

Ford Motor Co. "has decided it will not honor its promise" to add new product to the Ohio Assembly Plant in Avon Lake and, instead, the autoworker intends to farm out jobs to Mexico, wrote a top UAW leader to union officials in an angry two-page letter dated Friday.

"Ford management expects us to hang our heads and accept the decision. But let ...Read more

Neal St. Anthony/TNS

For business leaders, office space issues loom as return-to-work time gets closer

Business / Business News /

The grand work-from-home experiment of the past year is giving way to a massive reconfiguration of real estate.

Cube farms are being denuded to make way for open spaces that encourage collaboration and social distancing. Rolling monitors and whiteboards on wheels are replacing inflexible and stuffy meeting rooms. And some employees want to ...Read more

TNS

South Florida man arrested for spitting at Disney World security guard over mask rules

Business / Business News /

A 51-year-old Palm Beach, Fla., man was charged with a felony after he was accused of spitting at a Disney World security guard who asked him to put on his mask, according to an Orange County Sheriff’s arrest report released Monday.

Kelly McKin was charged with a battery on a security officer, court records show.

McKin adamantly denied ...Read more

Eric Seals, Detroit Free Press/Detroit Free Press/TNS

GM builds pickups without fuel economy modules due to chip shortage

Business / Business News /

General Motors said it will build certain 2021 light-duty full-size pickups without a fuel management module starting Monday until the end of the model year in late summer.

The goal is to keep pickups rolling off the assembly line despite a global shortage of semiconductor chips used in the modules. But the result is those affected pickups will...Read more

AMERICAN-STATESMAN FILE/statesman/Austin American-Statesman/TNS

Tesla formally adds 'Technoking' to Elon Musk's title. Yes, seriously

Business / Business News /

Elon Musk has formally crowned himself the "Technoking" of Tesla.

In a Monday filing with the U.S. Securities and Exchange Commission, electric automaker Tesla said it is adding "Technoking" as part of Musk's formal title with the company. Musk will also retain the title of chief executive officer, according to the securities filing.

Tesla's ...Read more

LOLA GOMEZ / AMERICAN-STATESMAN/Austin American-Statesman/TNS

SXSW looks to rebound online after 'devastating' shutdown in 2020

Business / Business News /

There will be no lanyard-draped crowds of techies, music fans and film buffs spilling from the Austin Convention Center into downtown restaurants and bars this week, no hotels booked to the rafters, and probably no street corner publicity stunts by entrepreneurs grasping for a spotlight.

When the annual South by Southwest festival kicks off ...Read more

Xinhua/Sipa USA/TNS

China presses Alibaba to sell media assets, including SCMP

Business / Business News /

The Chinese government wants Alibaba Group Holding Ltd. to sell some of its media assets, including the South China Morning Post, because of growing concerns about the technology giant’s influence over public opinion in the country, according to a person familiar with the matter.

Beijing expressed misgivings about Alibaba’s media holdings ...Read more

Suchada Toemkraisri/Dreamstime/Kaiser Health News/TNS

Neal Templin: How to negotiate a hospital bill

Business / Business News /

Medical bills are a leading cause of personal bankruptcies and, even if you’ve got insurance, the prices often make no sense, and the explanation of what you’re paying for can be bewildering.

Without insurance, negotiating your best price is a must. And even with insurance, if you have a large deductible or other out-of-pocket obligations, ...Read more

Cameron Pollack, Detroit Free Press/Detroit Free Press/TNS

Mortgage brokers choose sides in UWM vs. Rocket Mortgage war

Business / Business News /

DETROIT — United Wholesale Mortgage Holdings Corp.'s decision to stop working with independent mortgage brokers who do business with crosstown rival Rocket Companies Inc. after Monday has brokers choosing sides and led some to explore legal options.

Pontiac, Mich.-based UWM has been the country's largest wholesale lender for six consecutive ...Read more