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ECONOMETER: Is the Trump administration on the right path going after foreign worker programs?

Business / Business News /

The Trump administration recently suspended Microsoft, Adobe and other companies from a program that allows foreign workers to apply for green cards.

Such programs have frequently been targeted by some Trump supporters who argue they undercut American students and workers, said The Associated Press. Supporters say the programs allow the U.S. to...Read more

Henry Payne/The Detroit News/TNS

Henry Payne: King Porsche 911 Turbo S goes hybrid to keep its crown

Business / Business News /

HELL, Michigan — Destroying Hell’s twisted roads then cruising topless through Ann Arbor to pick up lunch. Blitzing the back straight at M1 Concourse at 130 mph. Schlepping to the airport on adaptive cruise control in bumper-to-bumper traffic. Just a typical 24 hours in the King of Supercars, the 2026 Porsche 911 Turbo S.

But it’s not ...Read more

Marc Grasso/Boston Herald/TNS

Auto review: 2026 Ford F-150 Lobo hammers the exterior aesthetics perfectly

Business / Business News /

Ford makes the long haul and enters Grasso’s Garage with an aesthetically pleasing and proven F-150 Lobo edition pickup truck that is ready for all consumers.

With a 600-mile range on a full tank, our F-150 Lobo tester offered an upgraded 5.0-liter Coyote V-8 engine packed with 400 horsepower and 410 pound-feet of torque. Paired with a 10-...Read more

Dreamstime/Dreamstime/TNS

Expedia accused of inflating hotel prices in new lawsuit

Business / Business News /

Struggling to afford hotel prices? A new lawsuit alleges Expedia is jacking up costs across the board.

A proposed class-action lawsuit filed on Oct. 2 in the U.S. District Court for the Western District of Washington accuses the Seattle-based online travel agency of artificially inflating hotel rates by prohibiting hotels from offering lower ...Read more

DAVID SWANSON/AFP/Getty Images North America/TNS

Malibu's million-dollar mansions, burned by fire, face a new threat from El Niño

Business / Business News /

Duke’s Malibu has endured one disaster after another. The famed restaurant perched over the Pacific narrowly survived last year’s Palisades Fire, though smoke left it badly damaged. Five weeks later, a mudslide forced it to close for 13 months.

Last weekend, waves came crashing through its windows.

Workers scrambled to board up the ...Read more

John J. Kim/Chicago Tribune/TNS

Two class-action lawsuits filed against food delivery robot companies for biometric privacy violations

Business / Business News /

Food delivery robots have become a constant in some parts of Chicago, where they are frequently seen wobbling down sidewalks with takeout orders. But two recently filed lawsuits allege that the robots are also collecting information on their travels.

Class-action lawsuits filed last week against food delivery robot companies Coco and Serve ...Read more

Allen J. Schaben/Los Angeles Times/TNS

EV owners, beware: El Niño flooding brings risk of serious battery fires

Business / Business News /

Damage from a week's worth of high surf and El Niño-related storms brought many warnings from officials. Beaches were closed. Homes were evacuated and red-tagged.

But one alert was targeted to a specific audience: owners of electric vehicles that were submerged by the flooding.

"If you notice smoke, hissing, popping or unusual heat, move ...Read more

UWE FISCHER/BMW/TNS

Auto review: 2026 BMW M2 CS is a glorious waste of fuel, money and common sense

Business / Business News /

Thank goodness for BMW, which still builds cars for people who enjoy driving rather than merely enduring it. The 2026 BMW M2 CS is a compact, two-door sports coupe for those who adore BMW’s gloriously primitive idea of self-propelled progress: more power, less weight, and the lunatic notion that driving ought to be fun.

Making a car fast is ...Read more

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Movie studio behind 'Cocaine Bear' is ready to break into data centers

Business / Business News /

The Atlanta film studio that produced Marvel’s “Loki” and “Cocaine Bear” is ready to break into the data center business, but it’s meeting resistance at every turn.

Shadowbox Studios, backed by private equity giant Silver Lake and hedge fund firm Commonwealth Asset Management, wants to construct an up-to-651-megawatt data center in ...Read more

Maddie Meyer/Getty Images North America/TNS

Harvard fund hits record $68 billion after 27% annual return

Business / Business News /

Harvard University’s endowment jumped to a record $68 billion as successful bets on equities and venture capital including SpaceX holdings helped the richest U.S. college weather an unprecedented pressure campaign from President Donald Trump.

The fund returned 27% and donations rose to $1.5 billion, Harvard said Thursday in a financial ...Read more

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Ford supplier cuts jobs in Michigan as some work sent to India

Business / Business News /

A Ford supplier in Sterling Heights, Michigan, filed a notice with the state that it's permanently laying off more than 150 people because some of the business is going to India, according to a source familiar with the automaker's plans.

Kern J.G. Enterprise Inc. filed the Worker Adjustment and Retraining Notification, citing "unforeseeable ...Read more

David Guralnick/The Detroit News/TNS

Detroit's Renaissance Center embroiled in dispute over what constitutes affordable housing

Business / Business News /

DETROIT — Developers of the proposed $2.2 billion Renaissance Center project are resisting calls for deeper affordable housing commitments, as Detroit residents press for lower rents and millions of dollars in housing assistance in exchange for public subsidies toward a reimagining of the iconic riverfront complex.

Nearly 200 apartments in ...Read more

Michael M. Santiago/Getty Images North America/TNS

NYC's iconic Plaza Hotel to close down for 4-year facade renovation

Business / Business News /

New York City’s iconic Plaza Hotel is closing for a four-year renovation of its historic facade.

The closure, which is set to begin in Jan. 2027, will accommodate repairs to the hotel’s landmarked exterior, ensuring guest safety and adhering to preservation requirements, Plaza management said in a statement Wednesday.

The hotel operators ...Read more

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After nearly buying Warner Bros., Netflix is laying off 1,000 workers. What happened?

Business / Business News /

It was a crowning moment. Netflix appeared to have prevailed in an audacious$82.7 billion deal to scoop one of the industry’s most prestigious studios: Warner Bros. The move seemed to cement Netflix’s status as the ultimate Hollywood gate-crasher and its dominance as the leading new player in media.

Now, nearly a year later, the plotline ...Read more

Ronaldo BolaÒos/Los Angeles Times/TNS

Inside a California shopping center's struggle to reinvent mall food

Business / Business News /

LOS ANGELES — Westfield Topanga is one of Southern California's most popular malls, but it has grappled with what to do with the empty space left when it lost its Sears.

Joining a national wave of malls trying to become fancy food destinations, it launched its food hall — Topanga Social — in 2023, with high-end menus and an upgraded ...Read more

Eric Thayer/Los Angeles Times/TNS

AI robots are roaming LA grocery store aisles. Shoppers and workers are worried

Business / Business News /

LOS ANGELES — The robot takeover looks a lot different from what we see in Hollywood thrillers.

Even as artificial intelligence-powered humanoid robots dance, box and beat human running-speed records, the physical bots showing up in our daily lives in Los Angeles are less Terminator and more R2-D2.

On a Wednesday afternoon at Ralphs on Pico ...Read more

Real estate Q&A: What should we check before we buy a house near the water?

Business / Business News /

Q: We found a beautiful home a few blocks from the water and are ready to make an offer. Friends keep warning us about flood zones and insurance, and one even mentioned something called an elevation certificate. We don’t want to talk ourselves out of a house we love, but we also don’t want a nasty surprise. What should we check before we buy...Read more

Dreamstime/Dreamstime/TNS

Terry Savage: Your questions answered on Medicare open enrollment

Business / Business News /

Yes, Medicare open enrollment is complicated — even if you already have coverage that you like.

Everyone, and that means everyone, must review their current coverage and see what changes are coming to their current coverage for 2027. You simply can’t afford to be surprised not only by rising prices but by changes in providers and ...Read more

Michael Vi/Dreamstime/TNS

Universal Music Group's top Republic and Def Jam executives exit in restructuring

Business / Business News /

Several top executives are leaving Universal Music Group, including the heads of Def Jam Recordings and Republic Records, while other leaders prepare to take on larger roles, according to an internal announcement on Wednesday.

Republic Records Chairman and Chief Executive Jim Roppo is among the biggest names leaving. Hours after news of his ...Read more

Grid emergency spurs renewed calls for more mid-Atlantic power generation

Business / Business News /

Baltimore Gas and Electric and its sister utilities renewed calls for boosting power generation Wednesday after the federal government issued an emergency order aimed at preventing blackouts in Maryland and throughout the mid-Atlantic.

The U.S. Department of Energy issued the order, in effect through Friday, because of unusually warm fall ...Read more