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Looking for a job? UCSD professor says how fast you answer an employer could help you land the gig

Business / Business News /

Triple-check your resume. Get to your interview early. Always send a thank-you note.

A recent scholarly article co-authored by University of California-San Diego's Rady School of Management professor On Amir found that job seekers have one more tool to help boost their chances of getting hired: answer fast.

“Our studies identify a distinct ...Read more

Mario Tama/Getty Images North America/TNS

US CPI falls for the first time since 2020, core gauge flat

Business / Business News /

U.S. consumer prices declined in June for the first time in six years and a key gauge of underlying inflation was little changed, taking some pressure off the Federal Reserve to raise interest rates.

The consumer price index fell 0.4% from May, dragged down by the biggest decline in gasoline prices since 2022, according to Bureau of Labor ...Read more

E. Jason Wambsgans/Chicago Tribune/TNS

The AI effect: University of Chicago Law School opts to prohibit electronic devices in some classrooms

Business / Business News /

Come fall, first-year students at the University of Chicago Law School will be prohibited from using electronic devices like laptops, tablets and phones in the classroom throughout the 2026-27 academic year. The new policy comes as artificial intelligence continues to affect the higher education landscape and schools grapple with how to handle ...Read more

Monica Herndon/The Philadelphia Inquirer/TNS

Freedom Fuel stations across the Philadelphia region offer cheap gas, feature local owners, and raise ethical concerns

Business / Business News /

Across the Philadelphia region, former Sunoco, Karco, and Gas N Go stations with makeshift Freedom Fuel Network signs have been selling less-expensive gas to drivers for about a week.

Who is behind the 25 gas stations selling Freedom Fuel in the Philadelphia region, and how they are able to offer gas 40 to 50 cents cheaper than nearby stations,...Read more

Alexander Tamargo/Getty Images North America/TNS

Economists, tech leaders warn AI could bring 'large-scale job displacement' and other risks

Business / Business News /

Many of the smartest people in the world warned governments, companies and people Monday that they need to be ready for the deep impact that artificial intelligence is going to have on the economy.

More than 200 economists, researchers and tech leaders said artificial intelligence could transform the economy for the better and for worse and ...Read more

Monica Herndon/The Philadelphia Inquirer/TNS

These young workers say they fear remote work more than AI

Business / Business News /

PHILADELPHIA — Soon after Aubrey Lee graduated college and moved to Philadelphia's Queen Village in 2021, she determined that her burgeoning career in marketing would be aided by time spent in an actual office.

Partly that’s because her first job was fully remote, and she was laid off after only five months. But she also found it alienating...Read more

Clarence Tabb Jr./The Detroit News/TNS

UAW president hires criminal defense team amid federal grand jury probe

Business / Business News /

United Auto Workers President Shawn Fain, who is being investigated by a federal grand jury, has hired two former federal prosecutors who specialize in fraud and bribery cases and work as defense lawyers for a Washington, D.C., firm with a stable of high-profile clients, including trillionaire Elon Musk and former New York City Mayor Eric Adams....Read more

David Becker/Getty Images North America/TNS

Farmers win right to repair their own John Deere tractors, but more reform sought

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Minnesota and four other states joined the Federal Trade Commission (FTC) in settling a high-profile lawsuit against Deere & Company, with a stipulation that the company make it easier for farmers to repair their own iconic green John Deere tractors.

For years, farmers have felt frustrated that John Deere withholds resources such as diagnostic ...Read more

Jabin Botsford/Los Angeles Times/TNS

California lawmakers cry foul over new cap placed on film tax credits

Business / Business News /

More than three dozen California legislators are calling for Gov. Gavin Newsom to exempt the state’s film and TV production incentive program from a recently approved cap on corporate tax credits, warning that without action it will be “significantly kneecapped.”

Though the state’s budget has already been approved, the legislators say a...Read more

Daniel Mears/The Detroit News/TNS

Stellantis vehicle shipments surging in North America

Business / Business News /

Stellantis NV said Monday its second-quarter estimated vehicle shipments in North America increased 38% compared to a year ago, largely thanks to new and refreshed models such as the Ram 1500 Hemi V-8, Jeep Grand Cherokee and Chrysler Pacifica.

The North American surge helped Stellantis globally record a 10% rise in shipments despite challenges...Read more

Mario Tama/Getty Images North America/TNS

Michael Hiltzik: While Trump declares that US is enjoying 'best economy ever,' manufacturing jobs have been disappearing

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Based on the words of President Trump, America is well on the way to becoming a "global superpower in manufacturing" — indeed, as he declared in a Father's Day social media post, we are already experiencing the "BEST ECONOMY EVER." (Capitalization's his.)

Here's what the government's own statistics tell us: Manufacturing investment has ...Read more

Justin Sullivan/Getty Images North America/TNS

Apple's lawsuit threatens to disrupt OpenAI's bid to rival the iPhone

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Apple Inc.’s lawsuit accusing OpenAI of systematically stealing its intellectual property threatens to disrupt the AI company’s device ambitions long before the case is resolved.

In the suit, filed last week, the iPhone maker alleges that OpenAI asked former Apple employees — and even prospective recruits — to bring information about ...Read more

Irfan Khan/Los Angeles Times/TNS

Legendary Television City may be be sold in further blow to Hollywood

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LOS ANGELES — Television City, one of the most famous studios in the entertainment industry where generations of TV shows have been created, is expected to hit the market again as its owner grapples with debt.

It's the latest sign of distress in Hollywood as the film and TV industry struggles from a sharp falloff in production activity across...Read more

Allison Dinner/Getty Images North America/TNS

Is buying a home still the way to wealth? Some young Americans aren't sure

Business / Business News /

The fast-rising costs of owning a home have some young Americans questioning whether buying a house is still a good investment.

Take Tony Zhang, 34, who bought a $950,000 townhouse in Irvine, California, in 2021 and says he now regrets it. The supply-chain manager says investing his down payment of roughly 30% in the stock market instead would...Read more

Ivy Ceballo/The Seattle Times/TNS

Seattle couple making $173K unsure having children is financially doable

Business / Business News /

SEATTLE Jorge Aranda and Mattie Gottbrath are at a crossroads. The couple want to have children one day, but to do so they may have to leave the city they love.

“We constantly ask ourselves whether we can live in Seattle long term, let alone with a kid,” said Aranda, 29.

The couple moved from St. Louis, Missouri, to Seattle in early 2023, ...Read more

Eric Thayer/Los Angeles Times/TNS

States sue to block Paramount's $111 billion Warner Bros. takeover

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California Attorney General Rob Bonta and 11 other Democratic state attorneys general filed a lawsuit Monday to block Paramount Skydance’s proposed $111 billion takeover of Warner Bros. Discovery — a last-ditch effort to derail a deal that would transform Hollywood.

Tech scion David Ellison’s proposed merger has been hurtling toward the ...Read more

Antonio Perez/Chicago Tribune/TNS

FAA extends flight caps at O'Hare airport for a year

Business / Business News /

The federal government will limit flights out of O’Hare International Airport through Oct. 30, 2027, the Federal Aviation Administration said Friday.

The FAA had already ordered airlines to cut flights at the busy airport through late October of this year, citing planned schedules that would stretch O’Hare to its limits. Now, the federal ...Read more

Marco Bertorello/AFP/GETTY IMAGES NORTH AMERICA/TNS

Apple sues OpenAI for trade secret theft in blockbuster case

Business / Business News /

Apple Inc. sued OpenAI for trade secret theft, accusing the artificial intelligence startup and its hardware chief of engaging in a coordinated campaign to steal information about upcoming products.

The iPhone maker said in a suit Friday that OpenAI encouraged Apple employees to share information, components, drawings and other materials ...Read more

SK Hynix CEO expects memory crunch to last into next decade

Business / Business News /

The memory-chip shortages that are roiling the computer, car and device markets will probably persist beyond 2030, according to SK Hynix Inc. Chief Executive Officer Kwak Noh-Jung.

Customers are signing long-term contracts because “they believe that the shortage situation will last for longer,” Kwak said in his first-ever English language ...Read more

Lionel Bonaventure/Getty Images North America/TNS

Newspaper groups seek 'serious sanctions' against OpenAI as deception alleged in copyright lawsuit

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The New York Times, The New York Daily News, The Chicago Tribune and other media outlets are asking for “serious sanctions” against OpenAI, saying the company destroyed evidence and intentionally hid its ability to locate stolen news stories in training data and responses to ChatGPT users, according to court papers filed Thursday.

The ...Read more