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Unwinding Kellogg: Michigan corporate shakeout suffers latest loss
Another corporate headquarters jilted Michigan recently when snack food maker Kellanova followed its Battle Creek cereal sibling, WK Kellogg Co., into the arms of a rival company two years after its spinoff chased growth in another city.
It's a familiar trend in Michigan now decades old. Venerable corporate names targeted by out-of-state ...Read more
In WA, thousands are forgoing health insurance this year. Here's why
Ambrose Bittner, 63, didn’t want to go uninsured. But the self-employed travel planner has been without health coverage since the beginning of the year.
Bittner, who lives in Issaquah, is one of thousands of Washington state residents who decided to disenroll from health insurance, following the expiration of subsidies that helped millions of...Read more
Auto review: Toyota Prius Nightshade looks hot, drives easy
CHARLEVOIX, Michigan — The Toyota Prius is really getting cheeky.
America’s favorite green nerd car underwent a fourth-generation transformation in 2025 from ugly duckling to swan. Sleek fascia. Scalloped flanks. Horizontal rear taillight. I saw your head swivel when I sailed by.
For 2025-26 it got a hot Nightshade edition. Take a look at ...Read more
Tesla lost the most share last year in EV-stronghold California
Tesla Inc. shed by far most new-car buyers in California last year, showing how the electric-vehicle maker is losing ground in one of the world’s largest EV markets.
The company accounted for 9.9% of all vehicles registered in the state last year, down from 11.6% in 2024, according to Experian data published by the California New Car Dealers ...Read more
Anduril to invest another $1 billion in California with new Long Beach campus
Anduril Industries, one of the leading defense companies in Southern California, will expand in Long Beach with a new $1 billion complex near the city's airport.
Anduril is developing new defense technologies that include drones, missiles, robotic submarines, and autonomous fighter jets. The Long Beach operation will include offices for ...Read more
Feds approve GM, Ford industrial banks for vehicle savings accounts
The federal government has given General Motors Co. and Ford Motor Co. conditional approval to create industrial banks that will allow the companies to accept insured deposits for vehicle purchases.
The automakers have a year to set up GM Financial Bank and Ford Credit Bank, respectively, which both are chartered out of Salt Lake City, Utah. ...Read more
TikTok seals deal to operate in the US after years of drama
TikTok and its Chinese parent ByteDance Ltd. have closed a long-awaited deal to transfer parts of its U.S. operations to American investors, securing the popular video app’s future in the U.S. and avoiding a nationwide ban.
The social media company has officially established a U.S. entity with three managing investors: Oracle Corp., private ...Read more
California's billionaire tax proposal roils Bay Area havens, divides politicians
When billionaire venture capitalist Vinod Khosla publicly branded Rep. Ro Khanna a “commie comrade” over the weekend, it was more than a personal jab — it was a sign of how fiercely a new proposal to tax California’s billionaires is dividing Silicon Valley and the state’s political class.
The proposal, which would impose a one-time �...Read more
Trump administration sues the state of Michigan over cage-free egg law
LANSING, Michigan — The U.S. Department of Justice is suing the state of Michigan over its prohibition on eggs laid by caged hens, arguing it is the responsibility of the federal government alone to regulate eggs bought and sold over state lines.
In a lawsuit filed Thursday, the Trump administration named the state of Michigan, Attorney ...Read more
Target store staff are skipping work over ICE's crackdown in Minnesota
Target Corp. was hoping for a fresh start with a new chief executive officer, but an immigration crackdown in its hometown Minneapolis is putting the retailer back in a familiar position: confronting a political maelstrom that’s disrupting operations.
After immigration officials briefly detained two Target employees who are U.S. citizens from...Read more
Businesses close, Minnesotans to stay home Friday in protest of ICE
Businesses across Minnesota will shutter temporarily Jan. 23 as part of an economic blackout intended to show support for immigrant workers, customers and neighbors who have been the target of federal agents.
The “ICE Out! Statewide Shutdown” is calling for Minnesotans to skip work, school and shopping Friday. Hundreds of small businesses, ...Read more
3M ends PFAS manufacturing on schedule
3M has completed its goal of phasing out “forever chemical” manufacturing by the end of 2025, company officials say.
The Minnesota-based company had announced in December 2022 it would discontinue the manufacture of PFAS in three years.
By ending production of the family of chemicals — prized for their durability, heat resistance and ...Read more
Trump sues JPMorgan for $5 billion over debanking claims
President Donald Trump sued JPMorgan Chase & Co. and its chief executive officer, Jamie Dimon, for at least $5 billion over allegations that the lender stopped offering him and his businesses banking services for political reasons.
The complaint, filed Thursday, accuses the bank of trade libel and breach of implied covenant of good faith. It ...Read more
GM to bring production of Buick compact SUV to US from China
General Motors Co. will onshore production of the Buick Envision from China to Kansas, the Detroit automaker confirmed Thursday.
Production of the next-generation compact SUV is slated for 2028 at the Fairfax Assembly & Stamping plant in Kansas City. The move comes as President Donald Trump pushes for increased U.S. manufacturing by taxing ...Read more
More than half of California's billionaires call the Bay Area home: Who are they?
If the proposed California Billionaire Tax Act qualifies for the November ballot and voters approve it, California residents worth more than $1 billion as of Dec. 31, 2025, would face a new 5% one-time tax on their net worth.
Here are Bay Area residents Forbes’ real-time billionaire tracker listed at $1 billion or more on that date:
•Larry...Read more
Real estate Q&A: We bought house together, but it's in only one name. What rights do I have?
Q: I purchased a house with my girlfriend, but because she had better credit, we put it in just her name. Besides splitting the down payment, I’ve been helping pay all the bills, including the mortgage, and I even paid to have the roof repaired. Now, she’s saying it’s her house, and I have no say in it. Is there anything I can do? — ...Read more
Zillow accused of referral monopoly, steering homebuyers to its lenders
A new lawsuit alleges Zillow used its monopoly power to charge high referral fees and pressured agents to channel homebuyers into its lending business.
The lawsuit filed Friday in the U.S. District Court for the Western District of Washington comes as Zillow defends itself against other lawsuits filed by homeowners alleging similar practices.
...Read more
Nevada slot machines are getting tighter, says UNLV report
There’s a theory — maybe call it a conspiracy theory? — that the reason Nevada gaming win is up despite visitation being down is that the state’s slot machines are taking more money than they’re legally allowed.
But Nevada regulators say not only is that virtually impossible, but that casinos would be foolish to even attempt it.
By ...Read more
Why buyers are seeing home sales climb and prices dip in South Florida
Residential sales were up and prices were down in December as the South Florida real estate market continues to favor buyers.
Sales of both condos and single-family homes were up in Miami-Dade and Broward counties last month compared to the previous December, according to data from the Miami Association of Realtors. Total sales in Miami-Dade ...Read more
What's a billion-dollar loan really worth? For private credit funds, it depends on who's counting
As pension funds and other investors have cut back new private equity investments after years of poor returns, Wall Street private equity managers such as Apollo Global, Blackstone, and KKR have moved more heavily into corporate lending.
They compete with banks to make loans but aren’t bound by the rules that govern banks. The managers bundle...Read more
Popular Stories
- Businesses close, Minnesotans to stay home Friday in protest of ICE
- Target store staff are skipping work over ICE's crackdown in Minnesota
- Trump administration sues the state of Michigan over cage-free egg law
- 3M ends PFAS manufacturing on schedule
- California's billionaire tax proposal roils Bay Area havens, divides politicians









