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Myung J. Chun/Los Angeles Times/TNS

'Pervert glasses': Backlash against Meta's smart glasses grows

Business / Business News /

Meta wants its smart glasses to be a big hit, but the high-tech specs have also turned into a liability, as some are calling the gadget "pervert glasses."

The social media giant dominates the market for smart glasses, which allow people to capture photos and videos, listen to music, take phone calls and ask questions to an artificial ...Read more

Marc Grasso/Boston Herald/TNS

Auto review: 2026 BMW XM is the king of hybrid SUVs

Business / Business News /

In 2026, the BMW XM is the flagship SUV for consumers in the German market and the XM rises over the competition with grit, power and style.

Powered by a 4.4-liter twin-turbo 32-valve and integrated electric motor, this all-wheel drive hybrid is amazing, to say the least.

Offering 30 miles of pure electric range, the BMW XM boasts 577 ...Read more

Benjamin Hager/Las Vegas Review-Journal/TNS

US employers unexpectedly shed jobs; unemployment rate falls

Business / Business News /

U.S. employers unexpectedly cut jobs in July and hiring in the prior two months was revised lower, suggesting the labor market is weaker than previously thought after surprising strength earlier this year.

Nonfarm payrolls decreased 23,000 last month following a combined 103,000 downward revision to the May and June figures, Bureau of Labor ...Read more

Jailed founder of Pa. lending firm has a website lobbying for a pardon from President Trump

Business / Business News /

PHILADELPHIA — Joseph LaForte was once the charismatic head of Par Funding, a Philadelphia-based lending firm that collapsed in spectacular fashion as prosecutors said he misled investors to the tune of $400 million and resorted to brutish loan shark tactics to collect on unpaid debts.

Now, despite the fact that LaForte pleaded guilty to ...Read more

Gary Coronado/Los Angeles Times/TNS

KTLA-TV owner Nexstar violated court order, a federal judge finds

Business / Business News /

A federal judge blasted KTLA-TV Channel 5's owner, the Texas-based Nexstar Media Group, on Thursday for violating a court order and for failing to disclose key information.

U.S. District Judge Troy L. Nunley found that Nexstar's actions violated terms of an April preliminary injunction that was designed to prevent the media company from moving ...Read more

Terrence Antonio James/Chicago Tribune/TNS

Chicago grocers are severely affected by reductions to SNAP: 'We need to bail out this industry'

Business / Business News /

CHICAGO -- From a small window in his front office, Dimitrios Drossos, second-generation owner of Fresh Market Place on the Northwest Side of Chicago, has a direct view of the checkout lanes, where more and more often he’s watching customers nervously hesitate over their carts, deciding at the last moment to hand back a single avocado or a ...Read more

Henry Payne/The Detroit News/TNS

Auto review: Last dance with the terrific Toyota GR Supra

Business / Business News /

BAY CITY, Michigan — Call it the Batmobile. The stealth fighter. The Black Widow.

Or, in long hand, the matte-black 2026 Toyota GR Supra MkV Final Edition. It’s the last hurrah for one of the most engaging, recognized, awarded sports cars in the U.S. market. My Final Edition tester was a paparazzi magnet on a weekend up north. In Charlevoix...Read more

L.E. Baskow/Las Vegas Review-Journal/TNS

How do you make money on Roblox? This Las Vegas startup built an empire

Business / Business News /

At 20 years old, Alex Hicks faced a problem most college students never encounter: The online games he was creating were generating six figures in revenue every month.

So he dropped out.

Today, Hicks is a co-founder of Twin Atlas, a Las Vegas-based game studio with roughly 110 employees that develops some of the most-played experiences on ...Read more

Stellantis/TNS/TNS

Auto review: Everything you need to know about Jeep's new hybrid SUV

Business / Business News /

The Jeep Cherokee has been around since 1974, having survived disco, malaise-era Detroit, Japanese imports, German accountants, two fuel crises, the SUV boom, the crossover SUV plague, and several corporate mergers whose chief product appeared to be PowerPoint presentations. If the Cherokee were a person, it would own several windbreakers, ...Read more

Kevin J. Hardy/The Detroit News/TNS

Rocket touts market share gains in purchase, refinance as profit rises

Business / Business News /

Rocket Companies posted second-quarter net income of $229 million on net revenue of $2.78 billion, up from net income of $34 million on revenue of $1.45 billion during the same period a year ago, the parent company of mortgage lending giant Rocket Mortgage reported Thursday.

The Detroit-based fintech platform company reported adjusted revenue ...Read more

Daniel Mears/The Detroit News/TNS

Spirit's collapse hits businesses in Detroit Metro's Evans Terminal

Business / Business News /

ROMULUS, Michigan — David Ogloza had a front-row seat when Spirit Airlines suddenly shut down, removing a key source of customer traffic for his confectionary shop in the Warren Evans Terminal at Detroit Metro Airport.

Nearly 40% of the 4.5 million travelers who passed through the terminal last year flew on the budget carrier's yellow jets, ...Read more

Joe Raedle/Getty Images North America/TNS

WK Kellogg Co. speeds up removal of artificial colors from cereals

Business / Business News /

WK Kellogg Co. says it will eliminate artificial colors from its entire cereal portfolio by the end of 2026, a year ahead of its original schedule.

The Battle Creek, Michigan-based company said Thursday in a news release that production of cereals with new recipes, including Froot Loops and Apple Jacks, will begin later this year, with product ...Read more

Kristian Carreon/The San Diego Union-Tribune/TNS

Study: All the ways San Diego homeownership is cheaper than other US cities

Business / Business News /

If you take away the substantial purchase price of a San Diego home, a new study claims that the rest of the cost associated with owning a home here is less than many cities.

An index from the University of San Diego, which launched in April, says the overall cost of owning a home in the county is lower than many areas in terms of energy bills,...Read more

Marco Bertorello/AFP/GETTY IMAGES NORTH AMERICA/TNS

OpenAI models joined forces months ahead of Hugging Face hack

Business / Business News /

OpenAI said the artificial intelligence models behind an attack on Hugging Face Inc. began communicating with each other through undetected message boards, working together to break out of their testing environment as early as May.

Multiple internal-only agents and AI models spent months leaving notes for each other and coalescing around the ...Read more

Michael M. Santiago/Getty Images North America/TNS

OpenAI asks judge to toss Apple's trade secrets lawsuit

Business / Business News /

OpenAI is asking a federal judge to dismiss a lawsuit filed by Apple Inc. accusing the artificial intelligence company of stealing trade secrets, saying that the iPhone maker’s allegations are meritless.

Lawyers for OpenAI said that Apple’s suit falsely portrays the actions of the startup’s employees. The ChatGPT maker’s top hardware ...Read more

Win McNamee/Getty Images North America/TNS

Warsh's faith in markets sidelines more nuanced Fed policy tools

Business / Business News /

Kevin Warsh’s embrace of financial markets to help the Federal Reserve do its job would mean trading more precise policy tools for a blunt instrument.

It can work, but it’s an inefficient way to bring down too-high inflation and comes with trade-offs, economists and former officials say.

Central bankers typically use their benchmark ...Read more

FORD/TNS

Ford reveals name, pricing of upcoming electric midsize truck

Business / Business News /

The Ford Fathom will be Ford Motor Co.'s first vehicle built on its new Universal Electric Vehicle Platform — a midsize truck that'll start at $28,350 plus $1,595 destination and come with a standard-range battery.

It's not a heritage name like Bronco or Maverick from deep in the 123-year-old automaker's archives. But perhaps that's the point...Read more

Brian Cassella/Chicago Tribune/TNS

Portillo's lays off 18% of corporate employees amid sluggish same-store sales

Business / Business News /

With food costs rising and same-store sales falling, Portillo’s executed a round of corporate layoffs last week, trimming 18% of its Oak Brook, Illinois-based workforce.

The iconic Chicago hot dog-and-beef chain announced the downsizing during a second quarter earnings call Wednesday as it continues to search for the recipe to catalyze growth...Read more

Dreamstime/Dreamstime/TNS

San Diego man sues Amazon over severe burn injuries from tabletop fire pit

Business / Business News /

A San Diego man who was severely burned last year while refueling a small tabletop fire pit with rubbing alcohol has sued Amazon and the companies that made the device, alleging the manufacturers and the online retail giant sold the ethanol-burning fire pit despite knowing it was a “defective and hazardous product known to have caused numerous...Read more

Leigh Vogel/Getty Images North America/TNS

FCC votes in favor of lifting limits on TV station ownership

Business / Business News /

The Federal Communications Commission voted 2-1 in favor of allowing TV station ownership groups to own more outlets, easing the way for more consolidation.

The Thursday vote that favored the change means companies can own local stations that cover more than 39% of the U.S. They could also own more than two stations in a single market.

The ...Read more