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Dai Sugano/Bay Area News Group/TNS

Judge blocks California rules targeting blackjack-style games at cardrooms

Business / Business News /

San Jose, California, avoided a potential multimillion-dollar budget hit last week after a San Francisco judge struck down new state regulations that would have strictly limited blackjack-style games at cardrooms across California.

Superior Court Judge Richard Darwin ruled this week that the state Bureau of Gambling Control, a division of ...Read more

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Trump claims credit for Walmart's latest price reductions

Business / Business News /

President Donald Trump praised Walmart Inc. for lowering prices on some products on Monday and urged other retailers to follow suit, touting the move as a boon to US consumers.

“I have just been informed that one of the biggest, best, and smartest Retailers in America, Walmart, will be lowering prices, by a lot, at my Administration’s ...Read more

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Trump Bitcoin reserve faces hurdles as departments seek control

Business / Business News /

The Trump administration’s plan to create a Strategic Bitcoin Reserve has been complicated by two government departments vying to run it, alongside questions about which has the legal authority to do so.

President Donald Trump ordered the reserve to be created last year as part of his promise to turn America into the “crypto capital of the ...Read more

Henry Payne/The Detroit News/TNS

Toyota to shift production of truck from Mexico plant to Texas

Business / Business News /

Toyota Motor Corp. is moving production of its popular Tacoma midsize truck from a plant in Mexico to San Antonio as part of a $3.6 billion investment in the Texas facility.

The Japanese carmaker will build a second production line in San Antonio, where it currently makes full-size pickups and SUVs, and add some 2,000 new jobs by 2030, it said ...Read more

TIMOTHY A. CLARY/AFP/Getty Images North America/TNS

Anti-Musk retail investors scramble to keep SpaceX out of their portfolios

Business / Business News /

Christopher Bejnar has spent the last couple of months combing through the fine print of exchange-traded funds, emailing financial advisers and moving money into European stocks — all to keep SpaceX out of his $1 million portfolio.

As Elon Musk’s newest public company heads into Nasdaq’s stock indexes this week, the 46-year-old software ...Read more

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Reddit is cracking down on AI marketing slop with its own AI

Business / Business News /

Reddit Inc. is battling a new kind of spam: stealth marketing content created by brands that want to get mentioned by popular artificial intelligence chatbots like ChatGPT and Gemini.

OpenAI and Alphabet Inc., whose AI tools formulate responses and recommendations by drawing on vast amounts of internet information, have content deals with ...Read more

Irfan Khan/Los Angeles Times/TNS

Xbox cuts 3,200 jobs as gaming business struggles

Business / Business News /

Xbox is hitting the reset button.

Microsoft 's video game division plans to eliminate 3,200 jobs, or around 20% of its staff over the next year, as part of a sweeping reorganization to revive the company's lagging games division.

The cuts are driven by an increasingly challenging gaming landscape, said Xbox's CEO Asha Sharma in a note to staff...Read more

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Comcast's Sky to buy Britain's ITV in $2.1 billion deal

Business / Business News /

In a bid to become Britain's largest commercial broadcaster, Comcast's Sky pay-TV business on Monday unveiled a $2.1 billion deal to buy ITV Media and Entertainment.

ITV is a television powerhouse in Britain, with "Love Island," "Midsomer Murders," and the hugely popular FIFA World Cup. It operates a robust TV production studio and free-to-air ...Read more

Myung J. Chun/Los Angeles Times/TNS

California is bringing back EV rebates. This is how to get one

Business / Business News /

LOS ANGELES — Nearly a year after the expiration of a $7,500 federal tax incentive for new electric vehicles, California is stepping in to try to motivate buyers to go electric.

Gov. Gavin Newsom allocated $135 million in his new state budget to provide incentives for new and used EVs. Participating automakers will match the funds.

...Read more

Genaro Molina/Los Angeles Times/TNS

How the FIFA World Cup is providing a boost for LA businesses

Business / Business News /

Johnny Beig may have played in a semiprofessional cricket league in Australia, but this summer he's a big fan of soccer in the United States.

It's not just because he's rooting for the World Cup team, though.

Last year, Beig's Beverly Hills-based company, Dioz Group, won a $2.5 million contract with On Location, FIFA's hospitality partner, to ...Read more

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Should cryptocurrency have a place in your retirement portfolio?

Business / Business News /

Few investments have divided investors as sharply as cryptocurrency.

To some, it’s the future of finance and a once-in-a-generation opportunity to build wealth. To others, it’s a speculative asset that has yet to earn a place in a long-term retirement portfolio.

Now, Pennsylvania has added a new wrinkle to the debate.

The state recently ...Read more

Clarence Tabb Jr./The Detroit News/TNS

The moment tensions erupted between UAW's Fain, federal monitor

Business / Business News /

United Auto Workers President Shawn Fain and the federal watchdog overseeing the union got into an extraordinary exchange two years ago in the wake of the Israel-Hamas war — a meeting that Fain now claims led to the monitor launching an investigation into him.

The expletive-laden discussion from February 2024 — details of which have never ...Read more

Anna Moneymaker/Getty Images North America/TNS

Trump insists 'there's nothing wrong' with his big crypto gains

Business / Business News /

President Donald Trump suggested on Thursday that he was not aware of the extent of his digital asset holdings but said there was nothing illegal about his involvement, following disclosures about his family companies’ crypto windfall.

Trump reported earlier this week earning at least $1.4 billion in 2025 from crypto and memecoin-related ...Read more

PATRICK T. FALLON/Getty Images North America/TNS

Costco's growing cool factor attracts younger audiences

Business / Business News /

Those with a watchful eye and a social media presence may notice there’s been a consistent yet unassuming character in their feeds: Costco.

A Costco waffle-cone cake, for example, is turning heads across digital channels. The sponge cake, meant to replicate the waffle-cone ice cream flavor, with chocolate and caramel swirls and mini ice cream...Read more

Stacey Wescott/Chicago Tribune/TNS

Starbucks says it'll pay its baristas to make TikToks

Business / Business News /

If you see a Starbucks barista filming while making your drink, don’t assume they’re goofing off. Starbucks could be paying them to make a TikTok.

Starbucks baristas have posted content on social media for years, showing off experimental recipes, making “ASMR” videos featuring the sounds of making drinks, and lip syncing to popular ...Read more

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Amazon's emissions jump 16% amid AI boom

Business / Business News /

Amazon’s global carbon dioxide emissions spiked last year, as the tech giant scales up its ambitious artificial intelligence plans.

The Seattle-based company's emissions jumped 16% to almost 81 million metric tons of carbon dioxide in 2025, after three years of fluctuating emission levels, according to a sustainability report Amazon released ...Read more

Darin Oswald/Idaho Statesman/TNS

Chip industry urges US to avoid moves that distort memory market

Business / Business News /

Government attempts to address the global memory chip shortage by influencing prices or production capacity would worsen a historic squeeze on supply driven by the artificial intelligence boom, a semiconductor industry group warned the Trump administration.

In a letter to senior administration officials, the SEMI industry association urged the...Read more

KENT NISHIMURA/AFP/Getty Images North America/TNS

Trump says he wants AI guardrails, but 'as little as possible'

Business / Business News /

President Donald Trump said he sees the need for some standards on artificial intelligence technology, but wants to avoid burdensome restrictions that may hamper American companies competing with China.

”Well, you need some guardrails, but you want to do as little as possible,” Trump said in a White House interview with CNBC on Thursday.

...Read more

WA economy grows fastest in nation thanks to AI spending

Business / Business News /

Washington’s economy, aided by a tech sector all in on artificial intelligence, had a strong start to the year and could be on track to outperform other state economies in 2026.

Washington’s real gross domestic product, which refers to the total value of all goods and services produced within the state, rose 1.1% to almost $730 billion ...Read more

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First recorded Tesla Semi crash kills two people in Nevada

Business / Business News /

An electric Tesla Semi truck crashed into two vehicles in Dayton, Nev., over the weekend, killing two people and raising questions about the truck's safety features.

The Lyon County Sheriff's Office responded to a major collision around 7 a.m. on Sunday at the intersection of Highway 50 and Traditions Parkway about 40 miles east of Reno, the ...Read more