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Luke Johnson/The Seattle Times/TNS

New details emerge as Amazon pushes 'Project Peregrine' delivery service

Business / Business News /

Amazon's newly launched 30-minute delivery service is up and running in the Seattle area and may extend further into the city's Eastside suburbs, permit filings show.

Though Amazon may never be able to teleport items directly to a customer's doorstep, the company is on a mission to shave down the time it takes to fulfill an order.

Amazon has ...Read more

David Guralnick, Detroit News/The Detroit News/TNS

Car prices are going up, but how much of it is from tariffs?

Business / Business News /

New car prices didn’t spike after President Donald Trump announced sweeping tariffs in the spring, as some experts and dealers projected.

But prices on many models are now pushing notably higher — and analysts said carmakers recouping Trump's higher import costs is a key factor.

Consider a recent analysis that found automakers are ...Read more

Mario Tama/Getty Images North America/TNS

Paramount makes hostile bid for Warner Bros. at $30 a share

Business / Business News /

The fight over the future of Hollywood just got nastier.

Paramount Skydance Corp. launched a hostile takeover bid for Warner Bros. Discovery Inc. at $30 a share in cash on Monday, just days after the company agreed to a deal with Netflix Inc.

The bid tops Netflix’s offer of $27.75 in cash and stock. Paramount’s offer is for the entirety of...Read more

Angela Weiss/AFP/GETTY IMAGES NORTH AMERICA/TNS

The economy is dragging, but the stock market is thriving. Why?

Business / Business News /

From jobs to housing to grocery prices, the U.S. economy has been weakening for months.

But the stock market is telling a different story, thanks to a handful of companies called the Magnificent 7: Apple, Microsoft, Amazon, Alphabet, Meta, Nvidia and Tesla.

These tech giants — which deal in everything from e-commerce to software to chip ...Read more

Andrew Harnik/Getty Images North America/TNS

Paramount was poised to buy Warner Bros. Discovery. What went wrong?

Business / Business News /

LOS ANGELES — Oracle founder Larry Ellison was on the cusp of conquering Hollywood.

Just four months earlier, he had bankrolled his son David’s $8 billion acquisition of the storied Paramount Pictures.

Now the Ellison family had designs on scooping up Warner Bros. Discovery, too, offering to buy the entire company for at least $60 billion....Read more

Mario Tama/Getty Images North America/TNS

A Thanksgiving dealmaking sprint helped Netflix win Warner Bros.

Business / Business News /

The Netflix Inc. plans that clinched the deal for Warner Bros. Discovery Inc. started to shape up around Thanksgiving.

A deadline was looming: Warner Bros. had asked bidders, which also included Paramount Skydance Corp. and Comcast Corp., to have their latest proposals and contracts in by the Monday after the holiday, following a round about a...Read more

Ina Fassbender/AFP/Getty Images North America/TNS

What does the Netflix-WBD deal mean to the future of streaming?

Business / Business News /

LOS ANGELES — If Netflix can complete its $82.7 billion deal to acquire Warner Bros. Discovery, it will be a lot bigger but not necessarily a lot better for consumers — or for the streaming landscape the company developed.

Analysts predict that consumers, already chafing at rising subscription fees for streaming services, will be spending ...Read more

CHRIS DELMAS/AFP/Getty Images North America/TNS

How Ted Sarandos became the ultimate Hollywood gate-crasher

Business / Business News /

LOS ANGELES — Hollywood moguls once dismissed the outsize ambitions of Netflix’s executives.

“Is the Albanian army going to take over the world?” former Time Warner Chairman Jeff Bewkes asked a reporter 15 years ago. “I don’t think so.”

Think again. On Friday, Netflix co-Chief Executive Ted Sarandos pulled off an audacious $82 ...Read more

Dania Maxwell/Los Angeles Times/TNS

Cinemas and unions sound alarms over Netflix-Warner Bros. deal

Business / Business News /

Hollywood unions and trade groups are pushing back against the proposed $82.7-billion deal for streaming giant Netflix to acquire Warner Bros.' film and television studios, HBO and HBO Max, citing concerns about greater industry consolidation, job losses and the potential hit to theatrical box office revenue.

Groups began voicing opposition ...Read more

Jessica Miglio/Warner Bros. Pictures/TNS

What you need to know about the Netflix bid to buy Warner Bros. Discovery

Business / Business News /

Netflix announced early Friday it has struck a deal with Warner Bros. Discovery to acquire its film and television studios, along with HBO Max and HBO.

The blockbuster deal, totaling about $72 billion, will create a combined portfolio of many of Hollywood’s best known properties, adding “Harry Potter,” “Mission: Impossible,” DC Comics...Read more

Handout/Getty Images North America/TNS

Netflix agrees to buy Warner Bros. in an $82.7 billion deal that will transform Hollywood

Business / Business News /

LOS ANGELES — First, Netflix upended Hollywood. Now, the streaming giant is buying a historic piece of it.

Netflix prevailed in a contentious bidding war to buy Warner Bros., agreeing to pay $72 billion for the storied Burbank film and television studios, its spacious lot, HBO and the HBO Max streaming service.

The two companies announced ...Read more

Maya Dehlin Spach/Getty Images North America/TNS

A softer image of AI? This Google-backed film aims to change the narrative

Business / Business News /

A man mourns the loss of his dead celebrity mom, who unexpectedly appears before him as a hologram in his childhood home, singing and strumming a guitar.

The touching scene is from a new short film called “Sweetwater” that has an unlikely backer: Google.

Amid all the hand-wringing over artificial intelligence and the potential threat it ...Read more

Handout/Getty Images North America/TNS

Netflix agrees to buy Warner Bros. in a $72 billion deal that will transform Hollywood

Business / Business News /

LOS ANGELES — First, Netflix upended Hollywood. Now, the streaming giant is buying a historic piece of it.

Netflix prevailed in a contentious bidding war to buy Warner Bros., agreeing to pay $72 billion for the storied Burbank film and television studios, its spacious lot, HBO and the HBO Max streaming service.

The two companies announced ...Read more

Fabrice Coffrini/GETTY IMAGES NORTH AMERICA/TNS

A safety report card ranks AI company efforts to protect humanity

Business / Business News /

Are artificial intelligence companies keeping humanity safe from AI's potential harms? Don't bet on it, a new report card says.

As AI plays an increasingly larger role in the way humans interact with technology, the potential harms are becoming more clear — people using AI-powered chatbots for counseling and then dying by suicide, or using AI...Read more

PATRICK T. FALLON/AFP/Getty Images North America/TNS

Econometer: Some San Diego lawmakers want to ban self-driving taxis. Should they?

Business / Business News /

Opposition to self-driving taxi company Waymo in San Diego could halt its implementation before starting.

The Alphabet (Google)-owned Waymo is a major feature in San Francisco, where the white Jaguars are seemingly everywhere. It also operates in Los Angeles, Phoenix, Atlanta and Austin.

San Diego City Councilmember Sean Elo-Rivera, who chairs...Read more

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Auto review: 2026 Nissan Leaf EV appeals to Americans' love of beige

Business / Business News /

Once upon a time, Detroit built cars that carried astronauts in ticker-tape parades and made teenage boys spray Aqua Net on their mullets. Sporting raucous and raw big-block V-8s, they were chrome-trimmed testaments to optimism. Meanwhile, Italy gave us Ferraris, red midlife crises that sounded like 12-cylinder angels. Germany engineered the ...Read more

Marc Grasso/Boston Herald/TNS

Auto review: 2025 Jeep Wagoneer packs a comfy price tag

Business / Business News /

Expanding its focus to larger vehicles such as the Grand Cherokee L and now flagship Wagoneer, Jeep offers more options but has lost some focus on the off-road aura so cherished by its consumer base.

Our tester this week is a 2025 Jeep Wagoneer Series II Overland 4×4 wrapped in Velvet Red Pearlcoat. Despite the allure of this extraordinary red...Read more

Henry Payne/The Detroit News/TNS

Auto review: Hot EV match-up, Cadillac Lyriq-V vs. Tesla Model 3 Performance

Business / Business News /

GAYLORD, Michigan — The midsize Cadillac Lyriq SUV and compact Tesla Model 3 sedan are brand icons. The Lyriq redefined Caddy as an EV maker, the Model 3 made Tesla a best-seller.

Their performance trims — the 2026, $80K Lyriq-V and 2025, $56K Model 3 Performance — represent the state-of-the-art of two U.S. brands that are on the industry...Read more

E. Jason Wambsgans/Chicago Tribune/TNS

Federal funding cuts threaten Chicago Harbor Lock, one of the nation's busiest

Business / Business News /

The Linnea pulled off her dock on the north side of the Chicago River.

Sailing underneath burgundy bridges, the vessel glided east toward the lake. On that October afternoon, Trump Tower receded in the distance.

Ten minutes later, the Linnea — a commercial tour boat operated by Wendella Tours & Cruises — arrived at the Chicago Harbor Lock...Read more

Eileen T. Meslar/Chicago Tribune/TNS

Lance Armstrong narrates documentary on the rise and fall of Schwinn, once America's bike maker

Business / Business News /

Once upon a time in America, Schwinn and bicycles were synonymous, and Chicago was the center of the two-wheeled, pedal-powered universe.

Baby boomers grew up riding or aspiring to ride a Schwinn — sturdy, sleek and sexy bikes such as the incomparable Sting-Ray chopper — built by the family-owned, Chicago-based company for nearly a century ...Read more