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Larry Printz: Mercedes-Benz is playing both sides of the EV revolution, and it just might work

Business / Business News /

Mercedes-Benz is reaching for an increasingly familiar playbook in the luxury auto market: evolve aggressively without starting over. The automaker recently unveiled a new round of updates to its midsize GLE and flagship GLS sport-utility vehicles at its sprawling plant near Tuscaloosa, Alabama, underscoring a strategy increasingly common ...Read more

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Auto review: Lexus RX 450h+ plug-in hybrid crossover dishes style and luxury no matter where you roam

Business / Business News /

My mother-in-law took quite a journey to find her latest ride. She considered the Toyota Prius, impressed by its sleek style, utility and hybrid fuel economy. She liked the much larger Toyota Crown hybrid even more. But what she really wanted was legit luxury, and she found her vibe with the Lexus RX 350 crossover.

It was an excellent choice, ...Read more

Luis Sinco/Los Angeles Times/TNS

200,000 Californians create as much power as a nuclear plant to help the grid. Now that's up in the air

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Nancy Lipps and her son John Lipps, in Dinuba, are one of more than 200,000 households in California signed up for a statewide program that pays them to help the grid when it’s very hot outside and electricity is at peak demand. They have a battery hooked up to their solar panels, and they share power from it in times of need. It was an easy ...Read more

Henry Payne/The Detroit News/TNS

Auto review: Mazda fixed the CX-5. Except for the turbo-4

Business / Business News /

SOUTHFIELD, Michigan — Rarely do I attack a 180-degree cloverleaf with an SUV. Exiting I-75 in the all-new 2026 Mazda CX-5, I activated SPORT mode, stabbed the brakes, then rotated the 3,856-pound ute into the looooong turn, hugging the apex until the all-season tires screamed in protest. The CX-5 stayed true.

Yep, the CX-5’s poised ...Read more

Alex Wong/Getty Images North America/TNS

China agrees to order 200 Boeing aircraft, Trump says

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China has reportedly placed an order for 200 Boeing aircraft, marking Boeing’s first order in nearly a decade from one of the fastest growing aviation markets.

President Donald Trump said on a Fox News interview Thursday that China’s President Xi Jinping agreed to place an order for 200 Boeing planes, part of trade negotiations taking place...Read more

Dreamstime/Dreamstime/TNS

Honda and Nissan's shifting fortunes may bolster case for tie-up

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Honda Motor Co. and Nissan Motor Co. have essentially traded places since plans to combine the two companies collapsed dramatically last year.

Back then, Nissan’s financial position was deteriorating rapidly and Honda was seen as a white knight. But a prospective tie-up fell apart over Nissan’s resistance to demands from Honda, including ...Read more

Rob Nikolewski/The San Diego Union-Tribune/TNS

California unveils a $1 billion rebate program for electric trucks

Business / Business News /

Gov. Gavin Newsom has announced that California has launched a $1 billion rebate program to boost the sales of electric medium‑ and heavy‑duty trucks, using money from the state’s Low Carbon Fuel Standard program.

The rebates run $7,500 to $120,000 and can be applied toward the purchase of new electric medium‑ and heavy‑duty ...Read more

Todd McInturf/The Detroit News/TNS

Rocket Mortgage sues rival UWM for $100M

Business / Business News /

Detroit-based home lender Rocket Mortgage filed a lawsuit Thursday against local archrival United Wholesale Mortgage for alleged breach of contract.

The suit marks the latest escalation in a bitter personal and business feud between Rocket Companies Chairman Dan Gilbert and UWM CEO Mat Ishbia.

The filing from Rocket to the New York state ...Read more

Jason Resmond/Getty Images of North America/TNS

Musk, Altman make final pitches to jury in battle over OpenAI

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A jury will soon cast a vote and a judge will ultimately decide the outcome of a high-stakes showdown between Elon Musk and Sam Altman over OpenAI, the artificial intelligence startup they founded together more than a decade ago.

Lawyers made final arguments Thursday in federal court in Oakland, California, following about two weeks of ...Read more

Justin Sullivan/Getty Images North America/TNS

LinkedIn, Cisco and Amazon are the latest tech companies laying off more workers

Business / Business News /

Job cuts are hammering the tech industry as companies ramp up investments in artificial intelligence.

This week, San José-based tech company Cisco said it was cutting fewer than 4,000 jobs or less than 5% of its workforce. Cisco announced the layoffs the same day that the company reported that it grew its revenue to $15.8 billion and net ...Read more

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Gamers, developers protest Saudi Arabia's bid to acquire Electronic Arts

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As Electronic Arts moves closer to closing a sale of the gaming company to Saudi Arabian investors, it's facing backlash from a group of protestors who are calling it a bad deal.

A coalition calling itself the Players Alliance staged a protest outside Electronic Arts' Redwood City headquarters this week. Dressed as Sims characters, the ...Read more

Katy Kildee, The Detroit News/The Detroit News/TNS

Shawn Fain faces 4 rivals in the UAW president race. Here's the list

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At least four United Auto Workers members plan to take on Shawn Fain to become the next president of the powerful Detroit union later this summer — and more contenders might jump in the race.

The challengers include Brian Keller, a Michigan Stellantis NV worker and vocal Fain critic with a large social media following, as well as Will Lehman,...Read more

Real estate Q&A: Am I responsible for mortgage after signing quit-claim deed?

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Q: My ex and I divorced last year, and she kept the house. I signed a quit-claim deed transferring my interest in the property to her. I thought I was done with it. Now I am trying to buy a small place of my own, and my lender says I still appear to be responsible for the mortgage on the old house. How can that be? I do not even own it anymore. ...Read more

Myung J. Chun/Los Angeles Times/TNS

Waymo recalls thousands of its driverless cars after some failed to avoid flooded roads

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Waymo is recalling 3,791 autonomous taxis after a software defect caused some vehicles to drive into flooded roadways, according to a recall report from the National Highway Traffic Safety Association.

The voluntary recall filed April 30 affects Waymo vehicles operating on the company's fifth and sixth generation Automated Driving System. The ...Read more

Stephen Brashear/Getty Images North America/TNS

Passenger sues Alaska Airlines over turbulence

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An Alaska Airlines flight passenger says she was injured and “deeply traumatized” from severe turbulence on her 2024 flight from Seattle to Phoenix, which left four crew members hospitalized. Now, she’s suing.

Washington resident Natalie Russell filed a lawsuit Wednesday in King County, Washington, Superior Court claiming Alaska Airlines ...Read more

MICHAEL TEWELDE/AFP/Getty Images North America/TNS

Jury awards $49.5 million to family of Boeing 737 Max crash victim

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A jury on Wednesday awarded $49.5 million to the family of Samya Rose Stumo, a 24-year-old who died when a Boeing 737 Max plane crashed in Ethiopia in March 2019, the second deadly Max crash in a matter of months.

The trial, which started May 4 in a Chicago federal court, resolves one of the last remaining cases filed against Boeing by the ...Read more

Sam Morris/Las Vegas Review-Journal/TNS

Allegiant closes $1.5B deal to acquire Sun Country Airlines

Business / Business News /

Allegiant Travel Co. on Wednesday completed the $1.5 billion merger with Sun Country Airlines Holdings Inc., potentially creating a leisure airline superpower that will be based in Las Vegas.

Over the next several months, Allegiant and Sun Country will integrate their systems, employees and fleets and, within three years, expect to save $140 ...Read more

DON MACKINNON/AFP/Getty Images North America/TNS

Taylor Swift, lawsuits and quirky exemptions: How empty homes tax works in other cities

Business / Business News /

SAN DIEGO — If Measure A passes on June 2, San Diego would join a group of cities in the U.S., Canada and abroad that tax second homes or properties that are unoccupied for most of the year.

San Diego’s “non-primary home” tax, as it is being called, would impose an initial annual levy of $8,000 on more than 5,000 homes that are vacant ...Read more

Genaro Molina/Los Angeles Times/TNS

Los Angeles' surging real estate prices have cooled, so why is nobody buying condos?

Business / Business News /

Even as the relentless rise in Los Angeles housing costs seems to have paused, condominium sales slowed to a trickle this year.

The number of condo units sold in the first two months slid to a more than 20-year low, according to figures from real estate data firm Attom. The median price of a condo fell nearly 5% in February compared with a year...Read more

Allen J. Schaben/Los Angeles Times/TNS

Los Angeles Council takes first step to delay $30-an-hour minimum wage for hotel, airport workers

Business / Business News /

The Los Angeles City Council on Wednesday moved to potentially delay a contentious $30 hourly minimum wage for hotel and airport workers, saying the action may be needed to stave off a business-backed ballot initiative to eliminate the city's gross receipts tax.

In a 9-6 vote, the council voted initial approval of an ordinance to postpone ...Read more