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Holiday shoppers spent a record amount online, searching out deals amid economic anxiety

Business / Business News /

Consumers splurged this last holiday season, enticed by good deals even as they worried about growth and inflation.

Online shoppers spent a record $257.8 billion during the holiday season as they snagged major discounts on electronics, sporting goods and appliances, Adobe data show.

The San José company, which analyzes online transactions on ...Read more

Bill H/Dreamstime/TNS

The Pittsburgh Post-Gazette is shutting down

Business / Business News /

The Pittsburgh Post-Gazette will fold after nearly a century. The paper will cease operations entirely — both its digital and physical versions — on May 3.

The announcement comes on the heels of years of declining ad revenue and internal strife within the newsroom, including a years-long labor strike.

With the paper’s closure, there are ...Read more

Robert Gauthier/Los Angeles Times/TNS

Warner nixes Paramount's bid (again), citing proposed debt load

Business / Business News /

Paramount's campaign to acquire Warner Bros. Discovery was dealt another blow Wednesday after Warner's board rejected the latest bid from the company.

The board cited the enormous debt load that Paramount would need to finance its proposed $108-billion takeover.

Warner's board this week unanimously voted against Paramount's most recent ...Read more

Terrence Antonio James/Chicago Tribune/TNS

Barnes & Noble to open more bookstores nationally, including four in the Chicago area

Business / Business News /

Barnes & Noble will open four new bookstores in the Chicago area by summertime, including a flagship location downtown on State Street, part of a national move to revive its brick-and-mortar retail presence.

The bookseller will open a store this summer in the former Old Navy outlet at 150 N. State St. Another Barnes & Noble store will open in ...Read more

Shaban Athuman/Dallas Morning News/TNS

Amazon AI tool blindsides merchants by offering products without their knowledge

Business / Business News /

Sometime around Christmas, Sarah Burzio noticed that the holiday sales bump for her stationery business included some mysterious new customers: a flurry of orders from anonymous email addresses associated with Amazon.com Inc.

Burzio, who doesn’t sell her products on the retail giant’s site, soon discovered that Amazon had duplicated her ...Read more

Apple/TNS/TNS

Tech review: iPhone Air is thin and light -- but is it worthy?

Business / Business News /

Back in the fall, Apple sent me the new iPhone 17 Pro Max and the thinner and lighter iPhone Air.

I reviewed the 17 Pro Max, and I’ve been using it daily — and it is still great — but what about the Air? Is it a phone I’d want to use every day?

The Air and 17 Pro Max are similar in a lot of ways. Where they differ in size and a few ...Read more

TYGER WILLIAMS/The Philadelphia Inquirer/TNS

'It's time': Trump Store in Pa. closing due to declining sales

Business / Business News /

BENSALEM TOWNSHIP, Pennsylvania — One Trump supporter’s journey from a mall kiosk to a Bucks County strip mall is coming to an end this month.

The “Trump Store,” a Bensalem spot for merchandise and knickknacks celebrating President Donald Trump, is closing its doors after six years in business. The store’s final day is Jan. 31.

Mike ...Read more

L.E. Baskow/Las Vegas Review-Journal/TNS

AI dominates as CES 2026 opens in Las Vegas

Business / Business News /

Artificial intelligence dominated the conversation as CES 2026 opened Tuesday. Nearly every major exhibitor framed AI as a tool that can make daily routines smoother, faster and more efficient.

The emphasis was less on far-off science fiction and more on practical systems designed to improve how people live and work right now.

The four-day ...Read more

Jesus Vargas/Getty Images North America/TNS

Chevron lines up 11 ships as Venezuela's dark fleet vanishes

Business / Business News /

A small fleet of ships booked by Chevron Corp. is sailing to Venezuela as the company emerges as the only exporter of the country’s oil following the ouster of President Nicolas Maduro by U.S. forces.

Chevron is poised to export more Venezuelan oil this month than last, with at least 11 ships scheduled to arrive in the Venezuelan government-...Read more

Denver Post file/The Denver Post/TNS

Telluride faces looming 'economic crisis' if ski resort doesn't fully reopen soon, leaders warn

Business / Business News /

The town of Telluride, Colorado, is staring down an economic crisis if the ski resort and its patrollers don’t settle their labor dispute in the coming days and reopen the mountain, local leaders said Tuesday.

Town council members assessed the impacts of the ongoing ski patroller strike and subsequent closure of Telluride Ski Resort during ...Read more

L.E. Baskow/Las Vegas Review-Journal/TNS

Las Vegas sheds thousands of jobs toward end of year amid tourism slump

Business / Business News /

Las Vegas was shedding jobs toward the end of 2025 amid a prolonged tourism slump in America’s casino capital, a new report shows.

Employment in the Las Vegas area fell by 4,700 jobs from September to November, according to seasonally adjusted figures released Tuesday by the Nevada Department of Employment, Training and Rehabilitation.

...Read more

Bizuayehu Tesfaye/Las Vegas Review-Journal/TNS

Prediction markets could change sports betting nationwide, report says

Business / Business News /

A gambling research company says prediction markets could become a $1 trillion industry nationwide when fully mature, with $435 billion of that coming from contracts on sports outcomes.

The battle between prediction markets and states that offer legal sports betting may not be resolved for months, even years.

Newport Beach, California-based ...Read more

Ford Motor Company/Ford Motor Company/TNS

Here's how Ford grew its 2025 market share

Business / Business News /

Hybrid trucks and an expanded trim lineup contributed to Ford Motor Co.'s U.S. sales increasing 6% year-over-year in 2025, but keeping up the pace could come with challenges as fallout from an aluminum shortage continues, production of the Escape crossover has ended and analysts forecast market declines.

Ford sold 2.2 million vehicles last year...Read more

Anna Moneymaker/Getty Images North America/TNS

Committee postpones hearing calling Detroit Three CEOs to Washington

Business / Business News /

A Senate committee has postponed a hearing that was calling each of the Detroit Three automakers' CEOs for joint testimony for the first time since late 2008 amid the global financial meltdown.

The delay from Jan. 14 comes after Ford Motor Co. objected to sending its top brass to Capitol Hill in a standoff with U.S. Sen. Ted Cruz, R-Texas, ...Read more

David Guralnick/The Detroit News/TNS

Automakers face an 'EV winter' in 2026 as sales growth slows

Business / Business News /

Growth in global sales of electric vehicles is expected to slow this year as China winds down some subsidies, Europe wavers on its phase-out of combustion engines, and U.S. producers and policymakers make a U-turn from the segment.

BloombergNEF expects drivers to buy 24.3 million passenger EVs this year, an increase of only 12% on 2025 and ...Read more

Nicholas Kamm/AFP/GETTY IMAGES NORTH AMERICA/TNS

Didn't get a settlement check from Amazon? You may still be eligible

Business / Business News /

Millions of Amazon Prime customers received refunds from the company over the holidays, and there's a chance more members are still eligible.

Amazon agreed to disburse $1.5 billion to customers and pay a $1 billion civil penalty to settle a Federal Trade Commission lawsuit over its subscription service. About 35 million Prime customers who meet...Read more

Michael Vi/Dreamstime/TNS

Universal partners with Nvidia on AI music creation, discovery

Business / Business News /

Universal Music Group NV is partnering with Nvidia Corp. to boost the role of artificial intelligence in music discovery and creation, as record labels seek to capitalize on the fast-growing technology while managing the risks AI poses to their catalogs.

The collaboration between the world’s largest record label and the leading AI chipmaker ...Read more

Robin Buckson/The Detroit News/TNS

Despite active 2025, these auto policies remain on Trump's to-do list

Business / Business News /

WASHINGTON — In his first year back in the White House, President Donald Trump made good on campaign promises related to the auto industry.

He slashed emissions regulations, ended federal support for electric vehicles and rained tariffs down upon trade-reliant automakers and suppliers in a bid to reshore manufacturing capacity. The Republican...Read more

K.C. Alfred/The San Diego Union-Tribune/TNS

Does AI belong in the exam room? Lawsuit alleges Sharp violated patient privacy

Business / Business News /

A recent lawsuit filed in San Diego Superior Court alleges that Sharp HealthCare recorded conversations between doctors and their patients without written consent, using the information to document visits with an artificial intelligence program developed by a private company in Pittsburgh.

While the lawsuit focuses on one particular medical ...Read more

Tyger Williams/The Philadelphia Inquirer/TNS

Moody's boosts Atlantic City to investment grade a decade after its near bankruptcy

Business / Business News /

ATLANTIC CITY — A decade after teetering on the edge of bankruptcy and being taken over by the State of New Jersey, Atlantic City has been given an investment-grade rating by Moody’s Ratings.

“Today is a tremendous day to start the new year,” Atlantic City Mayor Marty Small Sr. said Monday at a livestreamed news briefing. “The city of...Read more