Business

/

ArcaMax

Aaron Lavinsky/Minnesota Star Tribune/TNS

AI is spreading fast across workplaces. Training doesn't often keep pace

Business / Business News /

Minnesota companies are pouring time, money and resources into artificial intelligence tools at a dizzying pace, but many are not adequately training employees to use them.

The investment imbalance between tools and training is fueling tension inside workplaces as businesses race to implement AI while employees worry about being left behind.

A...Read more

Ray Chavez/Bay Area News Group/TNS

Why Toyota RAV4s are suddenly the most coveted used cars in America

Business / Business News /

Most cars lose value the moment they leave a dealer’s lot. The RAV4 hybrid gains it.

Used, late-model versions of the RAV4 hybrid often list for more than their original sticker prices, even with thousands of miles on their odometers. In some cases, they cost more than a new 2026 model fresh from the Toyota Motor Corp. factory.

CarMax ...Read more

Chris McGrath/Getty Images North America/TNS

Bitcoin's $235 billion crash masks bigger shift in crypto

Business / Business News /

The easiest way to understand crypto used to be to look at Bitcoin.

When the world’s largest cryptocurrency rose, money flooded into startups, venture funds, exchanges and thousands of speculative tokens. When it crashed, businesses disappeared, funding dried up and activity slowed across the industry. Bitcoin wasn’t merely the biggest ...Read more

Jason Resmond/Getty Images of North America/TNS

OpenAI files confidentially for IPO as rivals race to market

Business / Business News /

OpenAI, the maker of ChatGPT, filed confidentially for an IPO, joining artificial intelligence rivals in tapping public markets to fund ambitious growth plans.

The Sam Altman-led firm submitted paperwork for an initial public offering with the U.S. Securities and Exchange Commission, the company said Monday. OpenAI is working with Goldman Sachs...Read more

BRENDAN SMIALOWSKI/AFP/Getty Images North America/TNS

Elon Musk shows detailed design of AI data center satellite

Business / Business News /

Elon Musk unveiled a more detailed look at an initial version of an AI data center satellite SpaceX plans to build, providing fresh insight into the ambitious project driving the company’s highly anticipated initial public offering.

During a 30-minute video shared on his social media website X, SpaceX’s chief executive officer laid out his ...Read more

Dreamstime/Dreamstime/TNS

Musicians shortchanged by AI deals with labels, lawsuit alleges

Business / Business News /

Musicians have been left out of settlements between major record labels and AI companies, a new lawsuit alleges.

The American Federation of Musicians of the United States and Canada (AFM), which has 70,000 members, said Universal Music Group and Warner Music Group "received significant compensation" from the AI companies for past copyright ...Read more

Luke Ramseth / The Detroit News/The Detroit News/TNS

Jeep recall: Fire risk cited for over 1 million Wranglers, Gladiators

Business / Business News /

The maker of Jeep is recalling more than 1 million of its best-selling models for potential electrical issues that could cause vehicle fires, the company said Monday.

Stellantis NV is asking owners of an estimated 1,076,999 Wranglers and Gladiators to park their vehicles outside and away from buildings and other vehicles while it works on a fix...Read more

Tim Boyle/Getty Images North America/TNS

Costco says claims against its $5 rotisserie chicken 'fatally flawed'

Business / Business News /

Costco seared consumer claims made in a lawsuit about alleged preservatives in its popular $5 rotisserie chicken, according to a recent legal filing.

Two Costco customers in California argued in a proposed class action complaint filed in January that the Kirkland Signature Seasoned Rotisserie Chicken contains preservatives carrageenan and ...Read more

APPLE/TNS

Apple revamps Siri as it tries to catch up in the AI race

Business / Business News /

Apple on Monday unveiled a new version of its virtual assistant Siri, to take on its artificial intelligence-powered rivals such as OpenAI's ChatGPT and Google's Gemini.

The California smartphone maker has lagged behind its competitors in the AI race as tech companies pour hundreds of billions of dollars into advancing their chatbots and ...Read more

A lifetime of savings lost: How elder financial exploitation is challenging banks and families

Business / Business News /

Just months before she died at age 101, Phyllis Hood was facing a prospect she never imagined possible — running out of money.

The longtime Beaver County, Pennsylvania, nurse had spent decades caring for others. She lived frugally, attended Presbyterian church faithfully and saved diligently for retirement, her family said.

Yet, by early ...Read more

Eileen T. Meslar/Chicago Tribune/TNS

A shot to fix Chicago's parking meter deal? Aldermen test chances amid sale

Business / Business News /

As aldermen weigh a long-shot chance of reworking Chicago’s infamous parking meter deal, some are citing one firm point.

“The worst-case scenario is the status quo,” Ald. Walter “Red” Burnett, 27th Ward, said.

But they are hoping to do better than that.

Several council members are attempting to find ways to force Stonepeak Partners,...Read more

Port Canaveral juggles requisite space duties amid cruise juggernaut

Business / Business News /

The cruise business remains king at Port Canaveral, but the burgeoning space industry has muscled its way into the duties performed by the port authority.

Despite the port having already passed a 2019 resolution of support of that industry, several commercial launch providers lobbied to have it added to the port’s charter, a move that was ...Read more

Tom Fox/The Dallas Morning News/TNS

California falls behind Texas in Fortune 500 ranking

Business / Business News /

Texas has dethroned California as the state with the most Fortune 500 companies.

The Fortune 500 list ranks the largest U.S. companies by revenue. This year, 57 of the top companies are headquartered in Texas, compared with California's 56. It's a reversal from two years ago when the Golden State had the pole position.

The Lone Star State was ...Read more

Chase Stevens/Las Vegas Review-Journal/TNS

Las Vegans are bad with their money. Meet the guy who wants to change that

Business / Business News /

Daniel Chi is on a couple of missions.

One, the chair of the Department of Finance at UNLV’s Lee Business School wants to increase financial literacy across Nevada. A recent study found that Nevada has the highest rate of credit card delinquencies and one of the highest overall debt burdens of any state.

About 3,000 students were taught ...Read more

Brian van der Brug/Los Angeles Times/TNS

Paramount open to selling kids channels to quell EU fears over $110 billion Warner deal

Business / Business News /

Paramount Skydance Corp. is prepared — if necessary — to divest some children’s TV network assets to help win European Union approval of its $110 billion bid for Warner Bros. Discovery Inc.

While Paramount is hoping to avoid selling off anything, it’s open to sacrificing kids channels if the EU raises red flags over overlaps that pose a...Read more

Al Seib/Los Angeles Times/TNS

California and other states may sue to block Paramount-Warner Bros. deal

Business / Business News /

The state of California is leading an effort to prepare a possible lawsuit that could thwart Paramount Skydance Corp.'s planned acquisition of Warner Bros. Discovery, a potential obstacle for the $111 billion deal.

The lawsuit, which could be filed as early as this month, would likely involve multiple states, according to a source familiar ...Read more

Chase Stevens/Las Vegas Review-Journal/TNS

How proposed Caesars, MGM deals could impact casino workers

Business / Business News /

Two proposed multibillion-dollar gaming deals announced less than a week apart would put 17 Las Vegas Strip casino resorts under new ownership, prompting questions about whether the transactions will affect tens of thousands of employees who work for Caesars Entertainment Inc. and MGM Resorts International in Southern Nevada.

Combined, Caesars ...Read more

Luke Ramseth/The Detroit News/TNS

UAW, GM axle supplier Dauch remain stuck in negotiations amid strike

Business / Business News /

Negotiators for striking United Auto Workers members and automotive supplier Dauch Corp. remain at odds in contract talks, the union said Friday.

"Welcome to another day of bargaining with a company that doesn't listen for s***," said Josh Jager, bargaining chair for UAW Local 2093, in a video posted to social media.

He added: "We will ...Read more

Brian van der Brug/Los Angeles Times/TNS

Paramount to face legal challenge from states on Warner deal

Business / Business News /

The top lawyers for several states are drafting a legal challenge to Paramount Skydance Corp.’s $110 billion deal to buy Warner Bros. Discovery Inc., laying the groundwork for an antitrust suit over the Hollywood mega-deal.

After investigating for months whether the transaction would harm competition, senior officials in about 10 states have ...Read more

Shae Hammond/Bay Area News Group/TNS

How much money did Super Bowl LX pump into the Bay Area economy?

Business / Business News /

The Super Bowl at Santa Clara’s Levi’s Stadium in February is estimated to have injected about $720 million into the Bay Area economy, according to new analysis released by the nonprofit that helped bring the Big Game to the region.

“Super Bowl LX was truly a transformational event for the Bay Area,” Zaileen Janmohamed, president and ...Read more