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Apple bundles creative apps into $13-a-month subscription

Business / Business News /

Apple Inc. announced a new subscription bundle of creative apps called Creator Studio, an attempt to give its photo- and video-editing software fresh momentum in the face of intensifying competition.

The bundle, announced Tuesday, includes Final Cut Pro, Logic Pro and Pixelmator Pro, among others, and will be available Jan. 28 for $12.99 per ...Read more

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Microsoft swears off local subsidies as worry over AI power crunch looms

Business / Business News /

Who's going to pay for the artificial intelligence boom?

As tech titans invest billions into data centers and high-tech computer chips to fuel their AI ambitions, concerns are building over energy costs, especially in communities where data centers pop up.

Microsoft says it will pay its own way.

The Redmond-based tech giant on Tuesday ...Read more

David Guralnick/The Detroit News/TNS

Trump calls North American trade pact he brokered 'irrelevant'

Business / Business News /

President Donald Trump expressed indifference toward the North American trade agreement with Canada and Mexico, portending a lengthy renegotiation of the U.S.’s largest free-trade pact.

Trump on Tuesday said there’s “no real advantage” to the U.S.-Mexico-Canada Agreement, which he signed in 2020 and is subject to a review this year. He ...Read more

How bits of Apple history can be yours

Business / Business News /

In March 1976, Apple cofounders Steve Jobs and Steve Wozniak both signed a $500 check weeks before the official creation of a California company that would transform personal computing and become a global powerhouse.

Now that historic Wells Fargo check could be sold for $500,000 at an auction that ends on Jan. 29. The sale, run by RR Auction, ...Read more

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Redfin CEO Glenn Kelman steps down

Business / Business News /

Glenn Kelman is stepping down after more than 20 years of serving as Redfin’s CEO.

“I gave it my all! Leaving was my decision. I love my colleagues. We saved consumers a billion dollars in commissions. I hope to use all that I learned to do something as good as Redfin, in a different field,” Kelman wrote in a LinkedIn post Tuesday.

His ...Read more

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A joke or an insult? Starbucks employee is fired after LA County deputy is handed cup with pig drawing

Business / Business News /

A Starbucks employee has been fired after the Los Angeles County sheriff raised concerns about a disposable coffee cup with a hand-drawn pig on it was served to one of the department's deputies.

The deputy who received the drawing said in a post on his private Instagram account that he had stopped at a Starbucks location in Norwalk to get some ...Read more

Henry Payne/The Detroit News/TNS

Ford highlights off-roading bet at auto show amid affordability woes

Business / Business News /

DETROIT — Off-roading is a strategic bet for Ford Motor Co. to boost sales and attract younger buyers, even as forecasts predict vehicle affordability concerns could shrink the U.S. market this year.

Off-road performance trims like Raptor and Tremor account for more than 20% of Ford's U.S. mix, up from 7% pre-pandemic. The industry-wide $7 ...Read more

Meg McLaughlin/The San Diego Union-Tribune/TNS

Macy's closing its longest-operating store in San Diego County

Business / Business News /

Macy’s announced it is closing its longest-operating store in San Diego County, its anchor department store in La Mesa’s Grossmont Center.

The closure is one of two planned for California and 14 planned across the country in 2026, as part of a continued restructuring that the company, founded in 1858, has dubbed its Bold New Chapter.

Its ...Read more

David Guralnick/The Detroit News/TNS

'Puzzling story': Michigan Business leaders talk tariffs, jobs as Trump arrives

Business / Business News /

DETROIT — Just before President Donald Trump hit the stage Tuesday at MotorCity Casino to promote his economic policies, a trio of economic and business leaders sat in the same theater and expressed a lukewarm — and at times pessimistic — view on the trajectory of Michigan's economy.

"There's so much uncertainty, and that's the key word,"...Read more

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US Bank buys investment firm BTIG in deal worth up to $1B

Business / Business News /

Minneapolis-based U.S. Bancorp announced Jan. 13 that it plans to buy investment banking firm BTIG for up to $1 billion in a strategic move meant to expand client services.

U.S. Bank counts as customers more than 90% of Fortune 1000 businesses, which will now be exposed to BTIG’s services.

Stephen Philipson, U.S. Bancorp’s head of wealth, ...Read more

Robin Buckson, The Detroit News/The Detroit News/TNS

Detroit Auto Show's 'prove-it' year: More hybrids, gas, experiences

Business / Business News /

DETROIT — The Detroit Auto Show is not quite the wild spectacle it once was — gone are the flashy vehicle reveals that involved shattering a glass window or herding cattle, no longer is there the crush of 5,000 global journalists or public attendance figures that sometimes approached 1 million people.

But organizers believe the Huntington ...Read more

Daniel Mears/The Detroit News/TNS

Jane Fonda, Michigan group push for servers to earn minimum wage with tips

Business / Business News /

DETROIT — Advocates, along with actress and activist Jane Fonda, held a Friday press conference calling for a raised minimum wage for all Michigan workers nearly a year after state lawmakers approved a compromise minimum wage law.

The event, held by the national group One Fair Wage, took place at Yum Village, an Afro-Caribbean restaurant in ...Read more

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Meta begins job cuts as it shifts from Metaverse to AI devices

Business / Business News /

Meta Platforms Inc. is beginning to cut more than 1,000 jobs from the company’s Reality Labs division, part of a plan to redirect resources from virtual reality and metaverse products toward AI wearables and phone features.

Affected employees will be notified of the layoffs starting Tuesday morning, according to an internal post from Chief ...Read more

Allen J. Schaben/Los Angeles Times/TNS

After a record year, the Port of Long Beach prepares for growth

Business / Business News /

Despite a year of trade volatility and unprecedented tariffs, the Port of Long Beach handled a record amount of cargo in 2025 and expects growth to accelerate.

Under the leadership of a new chief executive, Noel Hacegaba, the second-busiest port in the U.S. plans to invest to be ready to double the cargo it processes by 2050. That's also the ...Read more

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McDonald's faces class action fraud lawsuit over lack of 'actual rib meat' in McRib

Business / Business News /

When McDonald’s brought back its cult-favorite McRib to Chicago and a handful of other markets for a limited run in November, it set off a media frenzy and a mad dash to the Golden Arches for fans of the sporadic sandwich.

But the return of the McRib also precipitated a class action lawsuit alleging that the sandwich – so beloved it has a ...Read more

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As Chicago Harbor Lock faces federal cuts, Illinois senators push for more funding

Business / Business News /

CHICAGO — An amendment to Senate appropriations legislation filed Monday by U.S. Sens. Dick Durbin and Tammy Duckworth would reverse proposed federal funding cuts to the Chicago Harbor Lock, the mechanism through which boats travel to sail between Lake Michigan and the Chicago River.

President Donald Trump proposed a funding cut of more than...Read more

Ellen M. Banner/The Seattle Times/TNS

Boeing beats Airbus on orders, still behind on production

Business / Business News /

Boeing booked more orders in 2025 than its European rival, but Airbus continued to produce more planes than Boeing for the seventh year in a row.

Boeing had one of its most successful years since 2018, before two fatal 737 MAX crashes, the COVID-19 pandemic and, in 2024, a midair blowout and two-month Machinists strike upended the manufacturer�...Read more

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AbbVie reaches deal with Trump administration on drug prices in exchange for tariff relief

Business / Business News /

North Chicago-based AbbVie has become the latest drugmaker to reach a deal with the Trump administration on drug prices in exchange for being exempted from tariffs and future price mandates, the company announced Monday evening.

Under the voluntary agreement, AbbVie will offer “low prices” in Medicaid, a state and federally funded health ...Read more

Henry Payne/The Detroit News/TNS

New auto metal, circa 2026: The golden age of muscle revisited

Business / Business News /

The new year promises an array of new vehicles, beginning with the 2026 Detroit Auto Show that opens Wednesday with a roar.

Literally.

Unshackled by government carbon dioxide regulations, expect the roar of new gas-powered V-8 engines to shake Motown asphalt. Ram’s reborn earth-pawing, 777-horsepower Ram 1500 TRX supertruck debuted on Jan. 1...Read more

Ken Lambert/The Seattle Times/TNS

How Seattle's weather wonks sparked a Northwest tempest in a teapot

Business / Business News /

Even in this era of Real Housewives and celebrity boxing on Netflix, you haven’t seen a real fight until you’ve watched weather nerds battling over a botched forecast.

Take the Christmas Eve Windstorm That Never Happened.

Most of us in Western Washington were glad the gale-force winds predicted for Dec. 24 didn’t show up.

Not so the ...Read more