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Toledo will keep Wrangler but lose Cherokee

Business / Business News /

DETROIT -- Fiat Chrysler Automobiles has found a way to keep production of the iconic Jeep Wrangler in Toledo, Ohio, but it involves moving production of the next-generation Jeep Cherokee.

The automaker plans to move production of the Wrangler to the north side of its Toledo Assembly Complex, where the Cherokee is made, and launch the Wrangler ...Read more

Minimum wage law unfair to franchisees, appeals court told

Business / Business News /

SEATTLE -- The International Franchise Association, in oral arguments before a federal appeals court panel Tuesday, again contended that Seattle's minimum wage law unfairly discriminates against local franchisees.

The law, which puts local franchisees on the same fast track as large employers in having to pay employees at least $15 an hour, "...Read more

7-Eleven expands delivery options

Business / Business News /

CHICAGO -- Picture this scenario: It's dinnertime and you could really go for a Mountain Dew and some taquitos from your neighborhood 7-Eleven store.

But that store just a few blocks away feels worlds away from your couch. Panic sets in.

Fear not, dudes and dudettes. On Tuesday, 7-Eleven announced a partnership with DoorDash to begin delivery ...Read more

Summer box office expected to have slow finish over Labor Day weekend

Business / Business News /

LOS ANGELES -- The box office is typically slow over Labor Day weekend and early tracking suggests this year will be no different.

New offerings "The Transporter Refueled" and "A Walk in the Woods" are expected to pull in less than $20 million combined, according to people familiar with pre-release audience surveys. That means there's a good ...Read more

Exelon plans cost cuts, won't rule out layoffs

Business / Business News /

CHICAGO -- Nuclear power giant Exelon says it plans to cut costs -- and it isn't ruling out layoffs.

Citing increased competition and low energy prices, the Chicago-based company released a statement Tuesday saying it aims to achieve savings over the next two years.

The statement followed a story by Crain's Chicago Business that cited an ...Read more

McDonald's to start all-day breakfast Oct. 6

Business / Business News /

CHICAGO -- McDonald's will begin rolling out all-day breakfast nationwide on Oct. 6, a long-awaited move that could help boost sales for the flagging burger chain.

The move, following a vote Tuesday by franchisee leadership, is the boldest one yet under McDonald's CEO Steve Easterbrook, who was hired in March and has vowed to transform the fast...Read more

Uber loses round in legal battle with drivers

Business / Business News /

A federal judge on Tuesday dealt a blow to Uber's efforts to neutralize a major legal challenge to its business model, finding that a lawsuit against the growing ride-sharing company can proceed as a class-action on behalf of most California drivers who have worked for the Bay Area outfit since 2009.

In a 68-page ruling, U.S. District Judge ...Read more

Uber drivers can move forward with class-action lawsuit, judge rules

Business / Business News /

Uber drivers scored a victory Tuesday as a federal judge ruled that they may move forward with a class-action lawsuit that seeks to turn them from contractors into employees.

U.S. District Judge Edward Chen in San Francisco found against Uber's argument that the lawsuit shouldn't be certified as a class action and that it should be limited to ...Read more

Amgen and Novartis partnering on a drug that could prevent Alzheimer's

Business / Business News /

Biotech firm Amgen Inc. is partnering with Novartis, the Swiss pharmaceutical giant, to develop a drug that could prevent Alzheimer's disease.

The companies announced the commercialization and development agreement in a news release Tuesday. They will combine their separate efforts on drugs that attack BACE, an enzyme that produces clusters of ...Read more

Haggen sues Albertsons for $1 billion over big grocery deal

Business / Business News /

SEATTLE -- Haggen is suing Albertsons for $1 billion, alleging the grocery giant hoodwinked the small supermarket chain into buying dozens of Western U.S. stores in order to facilitate a merger with Safeway and then sabotaged Haggen's entry into the new markets.

The lawsuit, filed Tuesday in federal court in Delaware, accuses Albertsons of ...Read more

Haggen accuses Albertsons of sabotaging store takeover, sues for $1 billion

Business / Business News /

The supermarket battle between Haggen and Albertsons is getting uglier.

Haggen, a Pacific Northwest chain, sued Albertsons for allegedly engaging in "systematic efforts" to eliminate it as a competitor in five states, including California.

According to the lawsuit, filed Tuesday in federal court in Delaware, Haggen said Albertsons started ...Read more

Why US professors worry about Indian prime minister's visit to Silicon Valley

Business / Business News /

MUMBAI, India -- More than 100 academics from major American universities have issued a scathing critique of Indian Prime Minister Narendra Modi ahead of his visit to Silicon Valley and warned U.S. technology executives against supporting his Digital India initiative.

A letter sent last week to leaders of Silicon Valley tech companies said Modi...Read more

Nest thermostat gets new look

Business / Business News /

SAN JOSE, Calif. -- Bigger screen?

Check.

Thinner design?

Check.

Updates on possible furnace problems?

Check, too.

Nest Labs on Tuesday released its third-generation learning thermostat, with a new look and features. The screen is 40 percent larger and has a higher resolution. "It gives it a really nice display look," said company customer...Read more

Target lays off 235 in Twin Cities tech operations, 40 in India

Business / Business News /

MINNEAPOLIS -- Following months of anticipation, the ax fell in Target Corp.'s technology operations in the Twin Cities, where about 235 employees were let go Tuesday morning.

The retailer's information technology units had largely been spared in layoffs earlier this year that affected about 2,500 jobs, or about one-fifth of the workers in the ...Read more

Facebook beats Twitter when it comes to job hunting

Business / Business News /

Want a job? LinkedIn and Facebook might help you land one, but Twitter and Instagram are less likely to.

Two-thirds of employers have hired candidates sourced through social media sites, according to a survey released Tuesday by the Society for Human Resource Management.

A presence on Pinterest, YouTube, Instagram and Twitter wasn't important ...Read more

Chrysler, Ford sales up; GM down

Business / Business News /

DETROIT -- Fiat Chrysler Automobiles said Tuesday its U.S. sales increased 1.7 percent in August. Ford was up 5.4 percent, but General Motors said its sales dropped 0.7 percent as the overall industry was expected to report a sales decline of about 2.5 percent -- mostly because of a quirk in the calendar and one fewer "selling day" in August ...Read more

As global stocks drop again, Dow sinks below correction threshold

Business / Business News /

U.S. stocks opened sharply lower Tuesday, following the rest of the world's markets down as investors reacted to fresh news of China's economic slowdown.

The blue-chip Dow Jones industrial average dropped nearly 2 percent, falling 332.32 points, to 16,195.71 in early trading, while the broad-based Standard & Poor's 500 index fell 37.56, also ...Read more

Tax law seen as driving Americans to renounce citizenship

Business / Business News /

PHILADELPHIA -- Stanley Amland threw it off. So did Ingrid Bracke. Rhoda May Derksen ditched hers, too.

The names, picked at random for this article from the Federal Register, are among the 3,415 Americans who renounced their U.S. citizenship or relinquished their residency permits last year.

As a national debate rages about "anchor babies" ...Read more

Yahoo's Marissa Mayer pregnant with twins

Business / Business News /

Yahoo's chief executive officer Marissa Mayer is pregnant with twin girls, she announced on the Yahoo-owned Tumblr blog service Monday evening.

Mayer, who has a 2-year-old son with husband Zachary Bogue, is expecting to give birth in December.

She said she plans to spend little time away from work.

"Since my pregnancy has been healthy and ...Read more

Amazon lets Prime members download videos to watch offline

Business / Business News /

Amazon is upping the competition in video streaming by offering downloadable videos.

The e-commerce giant announced Tuesday it will let members of its $99 annual Prime loyalty program download some shows and movies to watch offline. Previously, members could only stream programs, a process which required a constant Internet connection.

...Read more