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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

It stands to reason that the easier it is to fund gambling at a casino, the more revenue the casino can generate through patron play.

That’s the basis for Koin, a Las Vegas-based digital payment company that provides digital wallets for players that can easily be funded by banks, debit or credit cards, Paypal, Venmo, Apple Pay or Google Play....Read more

Wall Street homebuyers rattled by President Donald Trump’s broadside are plotting their own proposals to defuse the risk of getting shut out of the housing market.

“If the administration were to sit down with a group of us we could put a we could put a proposal — we could put a project — together,” Pretium Co-President Stephen Scherr ...Read more

Meta Platforms Inc. has appointed a former top adviser to U.S. President Donald Trump to a newly created senior management role focused on partnering with governments and investors on AI.

Dina Powell McCormick, a former Goldman Sachs executive, is joining the company this week as president and vice chairman. She’s part of a new team of ...Read more