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Canada may cut US power exports as Trump reignites trade war

Business / Business News /

Canada may cut off or raise the price of power exports to the U.S. to retaliate against President Trump’s new tariff war, a move that would further raise prices for beleaguered American consumers especially in northern border states like New York.

After Canadian Prime Minister Mark Carney vowed to hit back with “dollar for dollar” ...Read more

Al Seib/Los Angeles Times/TNS

Prominent Latino group blasts Paramount-Warner merger

Business / Business News /

A prominent Latino group is raising fresh concerns about Paramount Skydance's proposed acquisition of Warner Bros. Discovery, saying the blockbuster deal would crush Latino workers and small businesses that support Hollywood.

In an open letter to California Attorney General Rob Bonta, the League of United Latin American Citizens has urged the ...Read more

Dreamstime/Dreamstime/TNS

Want a lower credit card interest rate? Just ask

Business / Business News /

If you have a credit card, you have a relationship with your card issuer. Your card issuer values that relationship and wants to keep it. There are many types of offers your issuer can make to ensure you stay (and don’t default on your debt), but it won’t advertise them — since they don’t exactly make the banks more money. It’s like a ...Read more

Monica Herndon/The Philadelphia Inquirer/TNS

Teachers union boycotts Target, says company was silent on ICE surge

Business / Business News /

A national coalition made up of millions of teachers, school staff and other union members has launched a boycott against Target in protest of the retailer’s decision not to publicly denounce the surge of immigration enforcement officers in the Twin Cities earlier this year.

The American Federation of Teachers (AFT), in coordination with the ...Read more

Brian van der Brug/Los Angeles Times/TNS

California cancels mediation session for the Paramount-Warner Bros. Discovery deal

Business / Business News /

LOS ANGELES — California Attorney General Rob Bonta abruptly pulled out of a planned mediation session Monday to seek a resolution to the antitrust lawsuit that has stalled Paramount Skydance’s blockbuster $111-billion merger with Warner Bros. Discovery.

Bonta, in a statement, accused Paramount of leaking and misrepresenting information the...Read more

Geoff Robins/Getty Images North America/TNS

Trump says tariffs on cars, trucks to hit 50% amid Canada trade spat

Business / Business News /

WASHINGTON — U.S. tariffs on all cars and trucks, automotive parts and steel will be increased to 50% starting January 1, 2027, President Donald Trump said in a social media post on Aug. 24 after trade talks with Canada collapsed.

"Build in the U.S. and there are ZERO TARIFFS. Canada will be treated like a State no longer!" Trump wrote.

"On ...Read more

Dimitrios Kambouris/Getty Images North America/TNS

Mark Zuckerberg buys an Irish castle

Business / Business News /

Meta Chief Executive Mark Zuckerberg's latest home purchase appears fit for a billionaire who runs the world's largest social media empire.

Zuckerberg, who is married to Dr. Priscilla Chan and has three children, bought the Strancally Castle in Waterford, Ireland, a spokesman for the tech executive confirmed Friday.

"Mark and his family look ...Read more

Anna Moneymaker/Getty Images North America/TNS

US tariffs on Canada go into effect, prompting retaliation

Business / Business News /

WASHINGTON — U.S.-Canada trade talks fell apart at the last minute, with fresh 50% tariffs on billions of dollars of Canadian goods taking effect and prompting Prime Minister Mark Carney to vow to retaliate “dollar for dollar.”

The tariffs will kick in on hundreds of items the U..S buys from Canada, such as plywood, liquor, electrical ...Read more

Tim Boyle/Getty Images North America/TNS

Boeing workers reject contract offer at crucial moment for company

Business / Business News /

Boeing’s engineering and technicians union voted Friday to reject the company’s contract offer and authorize its negotiating team to call for a strike.

Boeing, in response, said it was moving forward with a contingency plan meant to ensure it can keep up with aircraft deliveries and other commitments to customers if its professional ...Read more

MARTIN LELIEVRE/AFP/Getty Images North America/TNS

Kalshi pushes back against order to halt most WA operations

Business / Business News /

Online prediction market Kalshi is pushing back against a King County judge’s recent mandate to halt the majority of its operations statewide.

It’s the latest development in the ongoing clash between New York City-based Kalshi and Washington officials.

Kalshi, a platform that lets users buy and sell contracts based on event outcomes, filed...Read more

Dreamstime/Dreamstime/TNS

TikTok to pay $400 million to settle DOJ child privacy case

Business / Business News /

TikTok Inc. and Chinese parent ByteDance Ltd. agreed to pay $400 million to resolve a a Biden-era lawsuit by the Justice Department accusing the popular social media app of collecting data on children in violation of an online privacy law.

The settlement comes several months after ByteDance closed a long-awaited deal to transfer parts of its U....Read more

Alyssa Tisch/The Detroit News/TNS

Ford plans could include Bronco-based Lincoln, midsize truck

Business / Business News /

Bronco is expected to play an increasingly larger role in Ford Motor Co.'s portfolio as the automaker bets on the high-margin off-road segment, according to an industry forecaster.

A Lincoln SUV is expected to be built off the Bronco platform at Wayne's Michigan Assembly Plant starting in the summer of 2029, and a Bronco-styled midsize truck is...Read more

Anna Moneymaker/Getty Images North America/TNS

Carney bets Canada can live with tariffs to unlock investment

Business / Business News /

Canadian Prime Minister Mark Carney is on the brink of a trade pact with the U.S. His next challenge will be convincing his country that swallowing some tariffs is worth the greater economic certainty that a deal would bring.

So far, the emerging details of a draft agreement between Carney and President Donald Trump suggest Canada will accept ...Read more

Cadillac/TNS/TNS

Auto review: 2026 Cadillac CT5-V Blackwing is proof that the funeral for fun was greatly exaggerated

Business / Business News /

The luxury sedan is supposed to be extinct. The industry has held the memorial service, lowered the casket, and handed out little sandwiches to the mourners. Thankfully for everyone who enjoys driving, Cadillac forgot to attend.

Instead, it built the CT5-V Blackwing: a four-door luxury sedan with the temperament of a disgruntled executive who ...Read more

Luke Johnson/The San Diego Union-Tribune/TNS

Econometer: Did San Diego go too far with Comic-Con advertising fines this year?

Business / Business News /

San Diego fined advertisers more than $200,000 during this year’s Comic-Con, the most in its history of code enforcement during the event.

The majority of fines, $160,000, were directed at Marvel Studios for covering the Gaslamp Quarter archway. Yet the city also fined hotels and businesses $48,500 for building wraps, more than double last ...Read more

Henry Payne, The Detroit News/The Detroit News/TNS

Auto review: Livin' large in the Bronco RTR ROVR

Business / Business News /

HOLLY, Michigan — In addition to capturing multiple Formula Drift championships in a Ford Mustang, Vaughn Gittin Jr. has made a name for himself as one of America’s top off-road racers, winning class victories at the Baja 1000 and King of Hammers in a Ford Bronco. The self-described “fun-haver” is one of the most engaging, outsized ...Read more

Tasos Katopodis/Getty Images North America/TNS

Henry Payne: The Freedom 250 roars onto the National Mall. How Penske pulled if off

Business / Business News /

WASHINGTON — For America’s 250th anniversary celebration of the Declaration of Independence, Washington, D.C.’s National Mall has featured a massive fireworks display July 4 and the Great American State Fair from June 25-July 10.

Now it’s the auto industry’s moment to make noise. A lot of noise.

The NTT IndyCar Series’ Freedom 250 ...Read more

Marc Grasso/Boston Herald/TNS

Auto review: '27 Kia Telluride gets 'impressive' overhaul

Business / Business News /

As Kia continues to shock the consumer market with nicely appointed vehicles in every market, the 2027 Telluride hits the ground running with Range Rover vibes, excellent comfort and design.

With a sub-$60,000 base price, the Kia Telluride delivers the wow factor for many drivers.

Our tester, a 2027 Kia Telluride Hybrid X-Line SX-Prestige AWD ...Read more

Justin Sullivan/Getty Images North America/TNS

US wants its booze back in Canada's stores but some say don't buy it

Business / Business News /

Prime Minister Mark Carney has asked Canada’s provinces to end their bans on the retail sale of U.S. alcoholic beverages. It’s a necessary step to getting a trade deal with President Donald Trump across the finish line.

The response so far indicates he’s succeeding — but some provincial politicians, still angry at what they see as an ...Read more

Bizuayehu Tesfaye/Las Vegas Review-Journal/TNS

US housing affordability gauge worsens for first time since 2023

Business / Business News /

A key measure of U.S. housing affordability worsened for the first time in almost three years, as higher borrowing costs soaked up a bigger chunk of earnings for new homebuyers.

Monthly payments on a median-priced $410,700 home accounted for 34% of a typical family’s income in the second quarter of this year, according to data published ...Read more