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Paramount's $111-billion Warner Bros. acquisition clears key hurdle
The U.S. Justice Department cleared the way for Paramount Skydance’s $111-billion purchase of Warner Bros. Discovery — a major milestone that moves David Ellison closer to his goal.
After a weeks long review, Justice Department antitrust regulators on Friday concluded the combination would not violate federal anti-competition laws. Approval...Read more
SpaceX shares rise 19% in stock market debut after historic IPO
SpaceX, the once fledgling aerospace company that Elon Musk predicted had a slim chance of survival, reached new heights on Friday with an historic initial public offering.
Shares of SpaceX, trading under the ticker SPCX, closed the day at $160.95, 19% above the offering price, transforming it into one of the world’s valuable companies with a...Read more
American Airlines resumes Miami-Cap‑Haïtien flights, expands to Maracaibo, Venezuela
American Airlines is returning to Haiti.
The U.S. carrier, which had stopped flying to Haiti more than a year ago, will resume daily nonstop service between Miami and Cap-Haitien, beginning Nov. 1, the airline announced Friday.
American had served Haiti for more than 50 years before pausing daily operations into Port-au-Prince and then ...Read more
Gensler says Kalshi is flat wrong: Sports bets aren't swaps
Gary Gensler, overseer of Wall Street for significant parts of the last two decades, has a message for anyone arguing sports betting is a matter for federal financial regulators: They’re wrong.
After seeing prediction market giant Kalshi and the federal agency he once ran, the Commodity Futures Trading Commission, argue that sports bets are ...Read more
AI is cutting hours of office work, but also creating a new kind of busywork
As the use of artificial intelligence spreads across companies worldwide, it is relieving workers of tedious old chores but creating new ones.
A new survey of individuals using AI found it made them more productive, saving each roughly 11 hours per week. But at the same time, the workers on average have to spend more than six hours "botsitting,...Read more
Casey Williams: As Honda celebrates the Accord's 50th birthday, it debuts a new hybrid concept
Proclaimed in early advertisements as “The Big Honda,” Accord joined the Civic and eventually became America’s best-selling car. A Honda leader once described it as “the rice in our meal.”
Fifty years on, crossovers surpass sedans for dominance in American driveways, but a fresh new hybrid by 2030 may elevate this sedan’s standing....Read more
SpaceX shares rise 18% in early trading during historic IPO
Shares of SpaceX rose 18% above their IPO price Friday in morning trading on the Nasdaq, as Elon Musk’s rocket company made its public debut.
The company sold 555 million shares at $135 and raised $75 billion from institutional and retail investors in its initial public offering.
Shares, under the ticker SPCX, opened at $150 and rose to ...Read more
Pennsylvania families can now use crypto to save for college
The next contribution to a Pennsylvania child’s college fund may not come from a grandparent’s birthday card. It could come from a cryptocurrency wallet.
Pennsylvania Treasurer Stacy Garrity announced Thursday that the state’s PA 529 College and Career Savings Program and PA ABLE Savings Program will begin accepting contributions through ...Read more
Auto review: Off road and plugged in aboard the pioneering Rivian R2
PARK CITY, Utah — The view of snow-dusted, 11,750-foot Mt. Timpanogos from the trails of Wasatch National Park in the Wasatch Mountains is breathtaking. It’s a trail for hardcore, compact off-roaders — Jeep Wranglers, Ford Broncos, Chevy Colorado ZR2s. If you’re into electric vehicles, few dare venture there.
Say hello to the rugged, ...Read more
Auto review: Manual Mazda3 is the anti-robot car
MEMPHIS, Michigan — Tesla wowed the automotive word in January with news it was abandoning its Model S/X models and putting the pedal to the metal on robots. Robot rideshare cars. Humanoid robots. Humanoid robots driving robot cars. Bots bots bots.
Happily, there are still manual driver’s toys out there to cope with the dystopian robot ...Read more
Auto review: Sorry, SUVs, the 2026 Genesis G90 sedan smacks you out of the luxury game
The 2026 Genesis G90 sedan rolls into a world that has collectively lost its mind, swapping full-size luxury sedans for SUVs that are basically suburban treehouses on wheels. These things are tall, cavernous and about as ubiquitous as Starbucks. And yet here comes the G90, sporting four doors, a trunk and enough leather to upholster a small ...Read more
Layoffs expected as new Xbox chief forces hard reset in Microsoft division
Microsoft’s Xbox division is reportedly planning layoffs as new Xbox CEO Asha Sharma plans a “reset” for the beleaguered gaming business.
Bloomberg, citing anonymous sources, first reported Wednesday that Xbox was planning “major job cuts” within the division in early July after Microsoft’s fiscal year ends on June 30. The same day,...Read more
Some workers back to work at WA paper mill where 11 died
More than two weeks after an accident killed 11 at the Nippon Dynawave Packaging mill in Longview, Washington, most of its idled workforce is still waiting to learn when they'll be back at the damaged plant.
Nippon Dynawave hasn't said when it will fully restart its liquid packaging mill, where more than 500 people made material for paper cups ...Read more
Minnesota AG sues cash advance app Brigit over alleged breach of state lending laws
The app-based cash advance business Brigit is in the state’s crosshairs over small loans that officials say carry super-sized interest rates of more than 700% in some cases.
Minnesota Attorney General Keith Ellison sued the company on Wednesday, saying the loans violate the state’s caps on interest rates and carry terms that are not clearly...Read more
SEC proposes eliminating equities trade-through rule
The Securities and Exchange Commission proposed eliminating a rule that aims to ensure investors get better prices for their transactions.
The current version of the so-called trade-through rule has been in place since 2005. It prohibits exchanges, alternative trading systems and wholesalers like Citadel Securities or Virtu Financial Inc. from...Read more
Gas prices in California vary from one station to another -- and the differences are stark
A recent committee hearing in Sacramento about gasoline prices offered more specifics about something many California drivers know all too well — that prices vary widely from one gas station to the next.
It’s not unusual to see striking differences, even when the stations are practically, or literally, right around the corner from each ...Read more
SpaceX is poised to make history with record $75 billion stock IPO
SpaceX is poised to make history on Friday with a record-setting IPO that will catapult the once fledgling aerospace startup into one of the most valuable companies on Earth.
The company, founded in El Segundo in 2002, is selling at least 555 million shares at $135 apiece, which could raise $75 billion or more. That could give Elon Musk's ...Read more
Bay Area downtowns aren't dying – they're changing
For years, headlines have warned of downtown “doom loops” and “death spirals,” focusing on the office vacancies that have piled up since the pandemic. Take a walk through downtown San Jose, for instance, and you’ll see many once-bustling buildings quiet and mostly empty.
But while they’ve been slow to recover, the streets below them...Read more
Illinois is one step closer to banning 'junk fees' and hidden charges on renters
SPRINGFIELD, Illinois — Sharon Gardner was paying her rent. But her Hanover Park apartment owner continued to pile up charges against her.
With eviction threats mounting, Gardner was told she owed more than $3,300 in unexpected fees — a $50 monthly charge for cable internet she never received, $5 a month for pest control, a $300 move-in fee...Read more
Real estate Q&A: How can we still close home sale after low appraisal?
Q: We are selling our home, and the buyer’s appraisal just came back $30,000 below the price we agreed on. Now the buyer is demanding that we drop the price to match the appraisal. We priced the house fairly and had multiple offers. Do we have to give in? — Carol
A: Few things deflate the excitement of an accepted offer faster than a low ...Read more
Popular Stories
- Layoffs expected as new Xbox chief forces hard reset in Microsoft division
- SEC proposes eliminating equities trade-through rule
- Gas prices in California vary from one station to another -- and the differences are stark
- Minnesota AG sues cash advance app Brigit over alleged breach of state lending laws
- AI is cutting hours of office work, but also creating a new kind of busywork









