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Dreamstime/Dreamstime/TNS

CFTC floats prediction market rule to crack down on war bets

Business / Business News /

The Commodity Futures Trading Commission unveiled a proposal for prediction markets Wednesday that would crack down on bets related to war, terrorism and assassination.

The CFTC plan also proposed narrowly defining some “gaming” — the category that helped launch the surge of sports-related prediction markets 18 months ago - to be games ...Read more

Fabrice Coffrini/AFP/Getty Images North America/TNS

Anthropic CEO says government should be able to block new models

Business / Business News /

Anthropic PBC Chief Executive Officer Dario Amodei said the government should have the power to block artificial intelligence developers from deploying new AI models if they present certain risks.

In a lengthy essay on Wednesday, Amodei argued that AI models should undergo mandatory testing by third parties to assess the risk they pose across ...Read more

Stellantis/TNS/TNS

Chrysler recalls Pacificas for battery fire risk, says to park outside

Business / Business News /

Thousands of Chrysler Pacifica plug-in hybrid minivans are being recalled because of a battery that can catch fire even when the minivan is turned off.

The recall affects 17,277 Pacificas made between Aug. 5, 2020 and May 2, 2022. Until a repair is finalized, and "out of an abundance of caution," Chrysler owner Stellantis NV warns owners to ...Read more

Andy Morrison/The Detroit News/TNS

Jeep says 1 injury and 72 fires linked to Wrangler, Gladiator recall

Business / Business News /

One injury and 72 fires have been linked to a recall of more than 1 million of Jeep's best-selling Wrangler and Gladiator models, according to the automaker and national safety officials.

Owners of Wrangler and Gladiators from model years 2021 through 2025 should park their vehicles outside and away from buildings in case of fires, federal ...Read more

Maya Wilkins/Chicago Tribune/TNS

BP, USW contract negotiations conclude Wednesday without end to refinery lockout

Business / Business News /

WHITING, Indiana — United Steelworkers Local 7-1 workers will have to spend more time without work at the BP Whiting refinery after an unsuccessful return to negotiations Wednesday.

However, union members are prepared to continue picketing outside the refinery.

“I hope we’re going back soon, but they keep stalling,” said Steven Kallies...Read more

Jim Rossman/Jim Rossman/TNS

Tech review: Let the robots take over ... your lawn care

Business / Business News /

My last review was a robot vacuum. This week, we let the robots outside to let it cut the grass.

Years ago, my first experience with robot mowers required a wire to be buried around the perimeter of the yard. When the manufacturer offered to come have a wire buried at my house for testing, it was more than I wanted to deal with, as I’m a ...Read more

Drew A. Kelley/The Orange County Register/TNS

Kaiser spent $1 billion to withstand a major strike. What did it cost?

Business / Business News /

When confronted with an enormous labor strike this January in California and Hawaii, Kaiser Permanente spent an additional $1 billion to buck union demands and operate its facilities with temporary workers, a spokesperson said.

While Kaiser management and striking workers with the United Nurses Associations of California/Union of Health Care ...Read more

Sebastien Bozon/AFP/Getty Images North America/TNS

What ChatGPT maker OpenAI's IPO plans mean for the future

Business / Business News /

OpenAI, the creator of ChatGPT, filed confidentially for a public listing on Monday, following a similar filing by rival Anthropic last week, as AI developers compete to cash in on surging investor interest in artificial intelligence.

It is the first step to start gauging investor interest in what would probably be one of the biggest IPOs in ...Read more

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

Rivian begins deliveries of cheaper electric vehicles

Business / Business News /

Electric-vehicle maker Rivian began delivery of a cheaper SUV on Tuesday as it aims to take customers from Tesla and others.

The long-anticipated R2, which will eventually be available for less than $45,000, could help boost the market share of the Irvine company better known for vehicles priced around $77,000.

The first R2s to roll off the ...Read more

Seasats/Seasats/TNS

Autonomous boats launched from San Diego by this local startup track Chinese ghost fleets

Business / Business News /

Buoyed in the Pacific, small sea vessels have traveled autonomously from San Diego shores to locate Chinese ghost fleets in Taiwanese waters.

These small skiffs, created by San Diego-based startup Seasats, are vital to reconnaissance, intelligence, and surveillance missions at sea. In the middle of the ocean, dependable internet is hard to come...Read more

Aaron Lavinsky/Minnesota Star Tribune/TNS

AI-powered smartwatch can predict child temper tantrums

Business / Business News /

Mayo Clinic is developing a smartwatch app that can head off or shorten temper tantrums by monitoring children for clinically meaningful changes in heart rate and restlessness.

Researchers recently found the smartwatches could cut the length of tantrums in half by using biometric data to identify agitated children and alert parents to step in. ...Read more

Phil Velasquez/Chicago Tribune/TNS

More than 92,000 Illinois consumers lost or dropped Obamacare health insurance in recent months

Business / Business News /

More than 92,000 Illinois consumers lost or dropped their Affordable Care Act health insurance in recent months — an unusually large number — following the expiration of generous tax credits that had helped to curb the plans’ costs.

Initially, 448,568 Illinois residents enrolled in health insurance plans sold on the state’s exchange, ...Read more

World's hottest space stock posts rally that dwarfs all rivals

Business / Business News /

Of all the wild rallies in space stocks this year, none has been greater than that of a little-known company that manufactures satellites in the outskirts of Uruguay’s capital city.

Shares of Satellogic Inc., which counts former U.S. Treasury Secretary Steven Mnuchin as its board chairman and a major investor, are up more than 200% this year,...Read more

David Ryder/Getty Images North America/TNS

Boeing must fix refueling tanker before Air Force buys more

Business / Business News /

The Boeing Co. needs to fix a lingering defect with its aerial refueling tankers before the U.S. Air Force buys dozens of pricier versions of an aircraft that’s crucial for long-range military missions, according to budget and service documents.

Before it places an order for 75 more expensive KC-46 Pegasus tankers, the Air Force wants Boeing ...Read more

Meg McLaughlin/The San Diego Union-Tribune/TNS

Costco sees record demand for gas since Middle East war

Business / Business News /

As war in the Middle East pushes up fuel prices, Costco is seeing more demand than ever for its discounted gas.

In the third fiscal quarter, which runs from mid-February to mid-May, Costco said its gas sales set successive records, with the final five weeks of the quarter being the highest in the company’s 50-year history.

Costco stations ...Read more

Joe Raedle/Getty Images North America/TNS

Evan Ramstad: Here's why SpaceX is 100 times more valuable than General Mills

Business / Business News /

Elon Musk’s rocket company SpaceX will go public this week in what is expected to be the largest initial offering of stock ever.

Financially, the IPO also looks like one of the craziest ever.

Most companies turn to the public market when they are much smaller. But SpaceX is coming out when it has $18.7 billion in revenue, and working from ...Read more

Steve Fecht/General Motors/TNS

General Motors taps new battery tech to help power data centers

Business / Business News /

General Motors Co. on Tuesday announced it is developing a lower-cost way to store energy to be used by massive AI-powering data centers.

GM developers are working on sodium-ion battery chemistry at the Detroit automaker's Wallace Battery Cell Innovation Center in Warren, Michigan, GM Vice President of Battery and Sustainability Kurt Kelty said...Read more

Clarence Tabb Jr./The Detroit News/TNS

Major auto parts maker open to assembling Chinese vehicles in Canada

Business / Business News /

Major global automotive supplier Magna International is open to putting together Chinese vehicles in Canada, if plans are long term, the CEO said Tuesday.

Asked about whether Canada-headquartered Magna would consider assembling Chinese vehicles in its home country, CEO Swamy Kotagiri told The Detroit News that the supplier is open to partnering...Read more

Richard Tribou/Orlando Sentinel/TNS

Victims of 'video voyeur' on ship can't be forced into arbitration, judge rules

Business / Business News /

In April, possible victims of a cruise ship crew member who planted a hidden camera to watch a young girl undress in her cabin obtained a significant legal victory in Fort Lauderdale federal court.

That ruling has now been upheld in the long, ongoing judicial process, giving them a second win.

On April 22, U.S. Magistrate Judge Detra Shaw-...Read more

Justin Sullivan/Getty Images North America/TNS

Apple WWDC 2026 recap: What's coming to iPhone, Mac and other devices

Business / Business News /

Apple Inc. unveiled a new artificial intelligence strategy on Monday at its annual Worldwide Developers Conference, aiming to provide practical improvements and features that the company believes everyday consumers will actually use.

At its headquarters in Cupertino, California, the iPhone maker delivered an information-packed keynote in just ...Read more