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SpaceX launch brings Elon Musk's broadband-internet satellite plan closer to reality

Business / Business News /

LOS ANGELES -- SpaceX is one step closer to providing low-cost broadband internet access after launching the first two demonstration satellites for its planned satellite constellation Thursday morning.

The two demonstration satellites, known as Microsat-2a and Microsat-2b, were the secondary payload on Thursday's Falcon 9 mission, which ...Read more

Food truck owner hopes to take fight against Chicago to Illinois Supreme Court

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CHICAGO -- A cupcake food truck owner who believes Chicago's regulations -- including a rule requiring mobile vendors stay at least 200 feet away from bricks-and-mortar restaurants -- are unconstitutional is asking the Illinois Supreme Court to take up her lawsuit.

If the state Supreme Court obliges, it will be the next step in a lengthy legal ...Read more

Minneapolis threatens $500 fines to unlicensed Airbnbs

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MINNEAPOLIS -- The city of Minneapolis is threatening to impose $500 fines on property owners who list their homes on sites such as Airbnb without paying for a municipal license.

The City Council passed an ordinance in October regulating Airbnb and other short-term rentals. The rules require people who rent out their homes and the online ...Read more

Google fired disabled, transgender man for opposing his co-workers' bigotry and white supremacy, lawsuit alleges

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MOUNTAIN VIEW, Calif. -- Google fired a disabled, queer, transgender engineer for opposing discrimination, harassment and white supremacy among his fellow Googlers, a lawsuit filed Wednesday alleged.

The site reliability engineer, Tim Chevalier, claimed in the suit that the Mountain View tech giant's workplace culture was discriminatory toward ...Read more

Chase glitch that let customers see others' bank accounts now fixed, bank says

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CHICAGO -- For more than two hours Wednesday night, some Chase Bank customers logged into their online bank accounts and instead saw another person's balances.

The technological glitch -- which lasted "sporadically" from 5:30 p.m. to 8 p.m. Central time -- was resolved later Wednesday night, according to Chase Bank spokeswoman Trish Wexler.

...Read more

Indictments reveal how Russia taps digital tools to stir up discord in US

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Russia has been trolling the United States for decades.

It bankrolled American authors who claimed Lee Harvey Oswald assassinated President John F. Kennedy under the direction of the FBI and CIA; it planted articles arguing Martin Luther King Jr. was not radical enough; and it spread a conspiracy theory that the U.S. manufactured the AIDS virus...Read more

Scripps Research stroke drug shows effectiveness, safety

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A stroke drug invented at The Scripps Research Institute has shown signs of safety and efficacy in a mid-stage clinical trial. If it succeeds, it would not only help stroke patients, but bring more money to TSRI's top-rated biomedical research.

The drug is designed to improve the usefulness of tPA, a popular stroke drug. Called 3K3A-APC, the ...Read more

Anti-Amazon ads ask: 'Does this look like a company that needs taxpayer cash?'

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RALEIGH, N.C. -- A national organization for conservative millennials is launching a digital ad campaign opposing financial incentives in North Carolina and the other 19 U.S. states that are finalists to land Amazon's second headquarters.

Generation Opportunity advocates for free markets and economic policies that benefit their membership of 18...Read more

Seattle rents for offices soaring much faster than elsewhere

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SEATTLE -- It's not just housing prices: Seattle is not the bargain it used to be for companies, either.

Historically, the city was a cheaper place to rent office space than a lot of other cities with advanced economies. That held true through last decade's economic upswing, and during the recession.

But the city's recent boom driven by Amazon...Read more

Agriculture Secretary Sonny Perdue gets grounded in California

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"You might already know this ...," Central Valley farmer Sarah Woolf offered politely, before launching on a primer on California's convoluted water system.

"No, I don't," Sonny Perdue, Trump's secretary of Agriculture, interrupted. "I need all the education I can get."

Nervous laughter filled the Harris-Woolf California Almonds processing ...Read more

Baltimore businesses grapple with five-year rise in commercial robberies

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BALTIMORE -- Jalina Thompson hardly noticed the two customers who walked into her Metro PCS store in Northeast Baltimore in January with their hoods pulled tight. Temperatures in the city had been frigid for days.

Then one of the men placed a gun on the counter and demanded cash.

"This is real," he said. "I need you to move fast."

While the ...Read more

Brad Keywell's Uptake brings in GE Power executive to help lead the data mining startup

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CHICAGO -- Uptake Technologies is bringing in a former General Electric executive to serve as president of the data analytics startup.

Ganesh Bell, who served as chief digital officer at GE Power, starts in his new role at Uptake on Monday, spokeswoman Abby Hunt said. Bell will report to CEO and co-founder Brad Keywell and will be responsible ...Read more

White House signals new trade deals must help those left behind

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WASHINGTON -- The White House signaled President Donald Trump will pay close attention to the fate of workers left behind by globalization as a new benchmark for negotiating trade deals around the world.

While trade may be good for America, it hasn't necessarily helped all Americans, the White House Council of Economic Advisers said Wednesday ...Read more

Sinclair Broadcast will sell WGN-TV, New York station in bid to buy Tribune Media

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Sinclair Broadcast Group plans to sell Chicago's WGN-TV and stations in New York and nine smaller markets to win federal approval of its proposed $3.9 billion takeover of Tribune Media.

The Hunt Valley, Md.-based broadcaster outlined steps it will take to comply with national TV station ownership rules in a plan filed Wednesday with the Federal...Read more

Ford North America President Raj Nair out for unspecified inappropriate behav

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DETROIT -- Raj Nair, one of the first promotions made by new Ford CEO Jim Hackett, left the company Wednesday afternoon, effective immediately, amid an admission of "inappropriate behavior."

"I sincerely regret that there have been instances where I have not exhibited leadership behaviors consistent with the principles that the company and I ...Read more

Some Fed officials raised concerns about higher inflation as tax cuts took effect

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WASHINGTON -- Some Federal Reserve policymakers raised concerns last month about the potential for higher inflation and financial instability because of stronger economic growth triggered by the recently enacted tax cuts, according to an account of the meeting released on Wednesday.

Early signs that the effects of the tax cuts "might be ...Read more

Applebee's and IHOP's new recipe for success: technology, takeout and takeovers

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With free birthday breakfast meals and all-you-can-eat riblets, the IHOP and Applebee's restaurant chains became a traditional stop for millions of American families seeking a feast.

But casual dining restaurants began to lose their appeal for millennial-generation foodies, and in 2016, Applebee's tried to update its image. The restaurant got ...Read more

Uber introduces Express Pool service, which sounds kind of like a bus

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LOS ANGELES -- First, Uber framed itself as an alternative to taxis. Now the San Francisco ride-hailing company is rolling out a new service that sounds kind of like a bus.

The ride-hailing company is introducing Express Pool to several cities this week. It's a lower-cost service for passengers who are willing to share rides with strangers and ...Read more

Supreme Court limits protections for corporate whistleblowers

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WASHINGTON -- The Supreme Court sharply limited the legal protections for corporate whistleblowers on Wednesday, ruling they are not shielded from being fired under a federal law unless they have reported a potential fraud to the Securities and Exchange Commission.

The justices conceded their ruling might "gut" the whistleblower protections ...Read more

3M settles groundwater lawsuit for $850 million

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MINNEAPOLIS -- 3M Co. has agreed to give the state of Minnesota $850 million to resolve the biggest environmental lawsuit in the state's history over the decades-long contamination of groundwater in the east metro area.

On Tuesday, the day that the trial between the state and 3M was set to begin, Attorney General Lori Swanson said the money ...Read more