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Xi tests China's reach by blocking Meta deal that's already done

Business / Business News /

China has sought for years to exert influence over business deals beyond its home turf. Still, its decision to press Meta Platforms Inc. to unwind a $2 billion acquisition of AI startup Manus marks a step unlike anything it’s tried before.

The country’s powerful state planner decreed Monday that the deal must be canceled — four months ...Read more

Robyn Beck/AFP/Getty Images North America/TNS

Bayer gets mixed reception at Supreme Court on Roundup suits

Business / Business News /

The U.S. Supreme Court gave Bayer AG a mixed reception on its bid to stop tens of thousands of lawsuits claiming its Roundup herbicide should have been labeled as a cancer risk.

Hearing arguments in Washington Monday, the justices weighed a $1.25 million jury verdict won by a Missouri man who blamed Roundup for his non-Hodgkin lymphoma. The ...Read more

Breana Noble/The Detroit News/TNS

Rivian pays CEO $402.6 million following Musk-style stock award

Business / Business News /

Rivian Automotive Inc.’s top executive earned a whopping $402.6 million for 2025 after the electric-vehicle maker approved a moonshot compensation package that could pay out billions of dollars in the coming years.

Chief Executive Officer RJ Scaringe’s compensation included $373.5 million in option awards, more than $26.6 million in stock ...Read more

Richard Tsong-Taatarii/The Minnesota Star Tribune/TNS

As planting begins, Minnesota farmers wary of war's impact

Business / Business News /

Around 2 a.m. on the late February day the U.S. went to war with Iran, a soybean and corn farmer in St. James, Minnesota, texted his local fuel supplier, who then scrambled to purchase diesel for the upcoming season.

The Middle East conflict was going to balloon diesel fuel and fertilizer prices. And for Minnesota farmers already dealing with ...Read more

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OpenAI CEO Sam Altman apologizes for not alerting police about Canada shooting suspect

Business / Business News /

OpenAI Chief Executive Sam Altman apologized to a Canadian community for failing to alert police about a mass shooting suspect's conversations with its chatbot.

Authorities said Jesse Van Rootselaar, 18, killed eight people including schoolchildren in Tumbler Ridge, British Columbia, before taking her own life in February.

"I am deeply sorry ...Read more

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US wheat crops wither, herds thin as spring drought deepens

Business / Business News /

Farmers across the Great Plains are confronting an intense drought that threatens winter wheat harvests and is pushing cattle producers toward costly feed purchases, prompting some to abandon plans to expand their herds.

The dryness is expected to persist through spring after weeks of scant rainfall and a late-winter heat spell that fueled ...Read more

Travis Ness/The Seattle Times/TNS

Government watchdog urges FAA to address Boeing Max engine issue

Business / Business News /

The Federal Aviation Administration should do more to address safety risks from an engine feature on Boeing’s 737 Max that has twice filled planes with smoke, a government watchdog said this week.

That feature — called a load reduction device — is meant to protect the engine from damage in the event of an emergency, like a bird strike. ...Read more

James Reeder/Hermeus/TNS

The truth about business in California -- the Golden State hasn't lost its luster

Business / Business News /

After aerospace startup Space Kinetic was spun out of UC Berkeley in 2022, the company moved to New Mexico and its famous Los Alamos National Laboratory.

One of the founders had a fellowship there to further develop the firm’s cutting-edge technology: a craft that would propel smaller satellites through space electromechanically rather than ...Read more

Jane Tyska/Bay Area News Group/TNS

Could a change to environmental law reduce California costs?

Business / Business News /

California voters will face a number of high-stakes races this November, including choosing a governor and helping decide control of Congress. They are also heading toward a major showdown over one of the state’s most powerful and controversial environmental laws.

The California Chamber of Commerce has collected more than 945,000 signatures �...Read more

Daniel Slim/AFP/Getty Images North America/TNS

Will Penn Station be Trump Station? Will Madison Square Garden move? What you need to know about the sweeping redesign

Business / Business News /

Eight months after the federal government announced an aggressive timeline for the long-debated rebuilding of Penn Station, plans for the nation’s busiest train hub are expected to be submitted next week.

Former NYC Transit head Andy Byford — President Trump’s new Penn Station Czar — has promised New Yorkers a “top-to-bottom ...Read more

Matias J. Ocner/Miami Herald/TNS

Barron Trump accused of appropriating Latin culture with in new business scheme

Business / Business News /

While some Americans wish Barron Trump would enlist in the military to help fight President Trump’s war in the Middle East, the 20-year-old college student appears more interested in following his father’s lead in another way — by becoming a business mogul.

However, Barron Trump’s follow-up to making millions investing in cryptocurrency...Read more

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Jet fuel's surge and Trump's meddling cloud airline outlook

Business / Business News /

Airlines around the world are raising prices for bags and seats, dialing back profit forecasts and openly discussing ways to link up with rivals as the chokehold from war-related fuel costs tightens.

Just in the past few days, United Airlines Holdings Inc. Chief Commercial Officer Andrew Nocella declared the industry in “uncharted territory,...Read more

Eric Thayer/Los Angeles Times/TNS

While California's tourism rallied, LA faced its worst year since the pandemic

Business / Business News /

LOS ANGELES — Tourist spending in Los Angeles fell for the first time since the pandemic last year as wildfires, ICE raids and trade tensions discouraged people from visiting.

Direct travel spending in 2025 was slightly below the previous year in Los Angeles County, according to an economic impact report this week from Visit California. That'...Read more

Sam Morris/Las Vegas Review-Journal/TNS

US considers using defense production act for Spirit bailout

Business / Business News /

The Trump administration is weighing whether to invoke the Defense Production Act to support a potential bailout of Spirit Aviation Holdings Inc. according to a person familiar with the matter who requested anonymity because the talks are private.

The 1950 law, enacted at the outset of the Korean War, gives the U.S. president broad emergency ...Read more

Josh Boland/Chicago Tribune/TNS

Rivian's new midsize R2 SUV rolls into Chicago for weekend event as EV production launches in Illinois

Business / Business News /

The Rivian R2, the long-awaited midsize electric SUV, is getting real.

This weekend, Rivian is giving Chicago-area customers their first chance to kick the tires on the Illinois-built EV during a cross-country roadshow. The R2 is on display through Saturday at Rivian’s downtown and north suburban showrooms.

The two-day event, dubbed the R2 ...Read more

Ronaldo Bolaños/Los Angeles Times/TNS

California's jet fuel stockpile hits two-year low, putting 'black cloud' over summer travel

Business / Business News /

As the war in Iran strangles the flow of oil around the globe, California's jet fuel reservoirs are running low.

The state — which refines much of its own fuel in El Segundo and elsewhere but still relies on crude oil imports — has seen its jet fuel stock decline by more than 25% from last year's peak to a level not seen since 2023, ...Read more

Dania Maxwell/Los Angeles Times/TNS

Bed Bath & Beyond is back in California after vowing never to return

Business / Business News /

Bed Bath & Beyond is coming back to California less than a year after the company's chairman vowed it wouldn't reopen in the Golden State.

The home goods retailer will resurface through the rebranding of 98 The Container Store locations, including 12 storefronts in California, the company announcedon Thursday.

Five locations are in Southern ...Read more

Anna Moneymaker/Getty Images North America/TNS

DOJ drops Powell probe, smoothing path for Warsh to lead Fed

Business / Business News /

The Justice Department is ending a controversial investigation into building-renovation cost overruns by the Federal Reserve, potentially clearing a path to confirmation for Kevin Warsh, President Donald Trump’s pick to be the next chair of the central bank.

Jeanine Pirro, U.S. Attorney for the District of Columbia, said in a social media ...Read more

Luke Ramseth/The Detroit News/TNS

Stellantis is deploying gun-sniffing security dogs at factories

Business / Business News /

Stellantis NV is deploying firearm-sniffing dogs at several auto plants, a move that's raised concerns at one major factory over potentially creating a "prison-like" atmosphere that could impact worker morale.

The K-9 units have already been working without issue for months at the Sterling Heights Assembly Plant in Michigan, where the Ram 1500 ...Read more

Marc Grasso/Boston Herald/TNS

Auto review: 2026 Hyundai Palisade is better than a cursive signature

Business / Business News /

Hyundai’s array of models is endless, but in 2026 the redesign of its Palisade made the upscale SUV something of a flagship for the brand, winning plaudits for luxury, technology and a bold styling.

The Palisade comes in a multitude of trims and hybrid options, and our recent test vehicle, a 2026 Hyundai Palisade Hybrid Calligraphy AWD, was ...Read more