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Cadillac/Cadillac/TNS

Auto review: 2023 Cadillac Escalade-V is a fun, fast, luxurious rig

Business / Business News /

This is not a vehicle that goes quietly into the night, but would you expect that of the 2023 Cadillac Escalade-V? This is the high-performance rendition of Cadillac’s biggest beats, its inner demon writ large as a full-size, full-on luxury, high-performance, body-on-frame SUV.

In another era, this would have been an Eldorado powered by an 8....Read more

Trump properties aren't the only ones to see wild valuations – putting a price on real estate isn't straightforward

Business / Business News /

On the lower tip of Manhattan there is a prime piece of real estate, the price of which is somewhat up for debate.

To the owners, the Trump Organization, 40 Wall Street is worth an eye-watering US$735 million, or at least it was in 2015. Others disagree, pointing to an appraisal that year by a real estate firm that priced it at $540 ...Read more

DREW PHILLIPS/TNS

Auto review: Hot hatch Hyundai Kona N-line is more show than go

Business / Business News /

BMW makes an M-azing, M-asterful M3 sports sedan with gobs of horsepower, tires made from Superglue and a taut suspension. It’ll also cost you an M-azing 80 grand. For those who don’t need the full magilla, there’s the BMW M-line which offers M3-like style but without the nuclear power plant under the hood. M style without the M-egaprice. ...Read more

Paul Brady/Dreamstime/TNS

The Week Ahead: Looking for signs of softening

Business / Business News /

The Federal Reserve building in Washington, D.C. is encased in rock. It’s Creole marble from Georgia. The stone is considered relatively soft, which makes it easier to cut. The marble strikes a majestic image of stability and resoluteness just blocks from the Potomac River.

The central bank’s fortitude will be tested in the months ahead. ...Read more

Grocery prices prompt 'trading down' to cheaper alternatives, more awareness of food waste

Business / Business News /

More grocery shoppers are turning to store brands and frozen food as inflation forces cost-cutting and a drive to reduce personal food waste, recent surveys show.

A new Deloitte poll found more than a third of shoppers — and nearly half of rural consumers — are regularly "trading down" from name brands to less expensive private label ...Read more

Health plan shake-up could disrupt coverage for low-income Californians

Business / Business News /

Almost 2 million of California’s poorest and most medically fragile residents may have to switch health insurers as a result of a new strategy by the state to improve care in its Medicaid program.

A first-ever statewide contracting competition to participate in the program, known as Medi-Cal, required commercial managed-care plans to rebid ...Read more

Amazon/Amazon/TNS

From sleep habits to pets, Amazon devices are learning more. Much more

Business / Business News /

Amazon is using tech to get even closer to its customers.

It introduced a new sleep tracker, Halo Rise, that learns breathing patterns and senses room conditions to help users optimize sleep. Astro, its home robot, will soon be able to recognize doors, windows, pets and furniture in a user's home.

A new iteration of Blink, its home-security ...Read more

New California law will require job postings to include salary ranges

Business / Business News /

Companies with 15 or more employees in California will be required to list salary ranges for all job postings under a law signed by Gov. Gavin Newsom this week.

Senate Bill 1162 is set to take effect in May 2023, bringing California in line with states such as Washington, Colorado and Connecticut that have passed similar wage transparency laws ...Read more

You can keep getting free weekly credit reports -- at least through 2023

Business / Business News /

Citing the impact of decades-high inflation on consumers' wallets, the nation's biggest credit reporting agencies — Experian, Equifax and TransUnion — agreed to continue to offer free weekly credit reports through the end of next year.

Under federal law, consumers are entitled to one free credit report annually from each of the bureaus. But...Read more

Builder of quantum computers opens research and development facility in Boulder

Business / Business News /

Atom Computing, a California-based startup that builds quantum computers, opened its largest research and development facility in Boulder on Wednesday.

The new location marks a win for Colorado’s growing quantum industry, which is centered around the Denver-Boulder area. Other players in the market include Boulder-based ColdQuanta, Quantum ...Read more

GM partners with Silicon Valley company on battery tech

Business / Business News /

General Motors Co. and Palo Alto-based OneD Battery Sciences have entered a joint research development agreement for the potential use of OneD's silicon nanotechnology in GM's battery cells to increase energy density for longer range at a lower cost.

GM Ventures participated in OneD's Series C funding round, which the company recently closed at...Read more

Are California's public pension funds headed for another crisis?

Business / Business News /

Atom Computing, a California-based startup that builds quantum computers, opened its largest research and development facility in Boulder on Wednesday.

The new location marks a win for Colorado’s growing quantum industry, which is centered around the Denver-Boulder area. Other players in the market include Boulder-based ColdQuanta, Quantum ...Read more

Real estate Q&A: What should we do if our house has minor damage from Hurricane Ian?

Business / Business News /

Q: Despite our preparations, Hurricane Ian’s storm bands damaged our home. Fortunately, the damage was relatively minor. What should we do now? – John

A: Your priority should always be staying safe during and after a storm or other disaster. Watch out for deep puddles, hanging power lines, and other hazards. If you have to use a generator, ...Read more

Dai Sugano/Bay Area News Group/TNS

California food-delivery startup Locale fined $140,000 by feds for using child drivers

Business / Business News /

Federal workplace regulators have fined San Jose food-delivery startup Locale $140,000 for employing more than six dozen teenaged drivers in violation of child-labor law.

The drivers, aged 16 and 17, made deliveries for Locale between July 2020 and July 2021, U.S. Department of Labor officials said Wednesday.

“Performing time-sensitive ...Read more

Justin Sullivan/Getty Images North America/TNS

US jobless claims fall unexpectedly to lowest since late April

Business / Business News /

Applications for U.S. unemployment insurance dropped unexpectedly to a five-month low, led by a sizable decline in Michigan, suggesting robust demand for workers amid economic uncertainty.

Initial unemployment claims decreased by 16,000 to 193,000 in the week ended Sept. 24, after downward revision in the prior week, Labor Department data ...Read more

Butter, garage doors and SUVs: Why shortages remain common 2½ years into the pandemic

Business / Business News /

Shortages of basic goods still plague the U.S. economy – 2½ years after the pandemic’s onset turned global supply chains upside down.

Want a new car? You may have to wait as long as six months, depending on the model you order. Looking for a spicy condiment? Supplies of Sriracha hot sauce have been running dangerously low. And if...Read more

Shae Hammond/Bay Area News Group/TNS

Do tiny homes really work as a solution to homelessness? Here's what the data show

Business / Business News /

When Robert Hernandez unpacked his meager belongings into one of San Jose’s celebrated tiny homes, finally getting a bed and access to a shower after more than a decade on the street, he had reason to be elated.

After all, tiny homes have become the hot new thing in the fight to end homelessness. The simple dwellings have multiplied across ...Read more

Jane Tyska/Bay Area News Group/TNS

California's 'racist' Article 34 remains an obstacle to affordable housing

Business / Business News /

When voters in Oakland, Berkeley and South San Francisco, California, receive ballots in the mail next month, they’ll be asked whether their cities should be allowed to help build more desperately needed affordable housing.

The reason for seeking voters’ permission? A 72-year-old provision in the California Constitution requiring local ...Read more

Avoid these common real estate scams

Business / Business News /

From buying to renting to selling, real estate scams can target landlords and local residents in many situations. It’s a criminal practice that can seriously damage your wallet, credit and peace of mind.

Wire scams

According to realtor.com, one of the common real estate fake-outs is the wire scam.

“This is basically a scam where someone ...Read more

CHRISTOPHER VONDRACEK/Minneapolis Star Tribune/TNS

Seeds of a food revolution grow on this Minnesota Indian reservation

Business / Business News /

MAHNOMEN, Minnesota — Hours after a parade ends marking the White Earth Tribal and Community College's 25th anniversary, Robert Shimek is standing near some squash in a field, marveling at a bumblebee crawling into a blossom.

"Oh, that's a great big one," said Shimek, an extension employee with the college. "That tells you the soil is healthy...Read more