Business

/

ArcaMax

Justin Sullivan/Getty Images North America/TNS

Motormouth: How often should I plug in my car?

Business / Business News /

Q: My husband believes that we should plug in our hybrid every single time we drive, even if we have used only a few miles of the electric capabilities. I prefer to use up most of the electrical capacity, as we can usually do a week's worth of errands before the battery consumption goes to zero and the hybrid system kicks in. With a full charge,...Read more

Justin Sullivan/Getty Images North America/TNS

Nvidia's $70 million Florida supercomputer hobbled by DeSantis law

Business / Business News /

When Chris Malachowsky, a billionaire co-founder of chip giant Nvidia Corp., bankrolled one of the world’s biggest supercomputers at the University of Florida, Ron DeSantis predicted the machine would be a magnet for artificial intelligence talent.

Almost four years later, the Florida governor’s anti-China crusade is preventing some highly ...Read more

Bizuayehu Tesfaye/Las Vegas Review-Journal/TNS

Homebuilders are fighting green building. Homeowners will pay

Business / Business News /

Back in the 1990s, political guru James Carville said he wanted to be reincarnated as the bond market because it could “intimidate everybody.” Here in the 2020s, you might prefer to come back as a homebuilder. The industry has the political muscle to protect its profits at the expense of both homeowners and the climate.

In some fast-growing...Read more

Rachel Aston/Las Vegas Review-Journal/TNS

Boring Co. cited, fined for multiple Vegas Loop OSHA safety violations

Business / Business News /

The Boring Co. is facing more than $100,000 in fines from multiple citations tied to workplace incidents at its Vegas Loop worksite.

A June 15 inspection by the Nevada Occupational Safety and Health Administration, spurred by a complaint, detailed eight citations issued to the company, mainly tied to workers being burned by accelerants used in ...Read more

Dania Maxwell/Los Angeles Times/TNS

At 78, this longtime bookseller can't afford to keep her store open -- or live in California

Business / Business News /

ARCADIA, California — "Welcome to the Book Rack," Karen Kropp says, her eyes panning the increasingly sparse shelves inside her bookstore.

"It used to be a lot fuller."

After 40 years — the last half under Kropp's ownership — the beloved used-book store tucked between a hot pot restaurant and a chiropractor's office in Arcadia, a suburb ...Read more

Mohamed Ahmed Soliman/Dreamstime/TNS

Microsoft's GitHub offers companies souped-up AI coding tool

Business / Business News /

Microsoft Corp.’s GitHub is releasing a pricier paid version of its artificial intelligence software development tool that can answer questions based on a company’s own programming code, a feature designed to help new engineers get up to speed and enable veteran coders to work faster.

GitHub, which lets programmers collaborate on coding ...Read more

Andrew Caballero-Reynolds/AFP/Getty Images North America/TNS

Majority of workers at Mercedes plant in Alabama sign UAW authorization cards

Business / Business News /

A majority of workers at Mercedes-Benz's largest plant in the United States have signed authorization cards for United Auto Workers representation, the union said on Tuesday.

The milestone comes less than seven weeks since the Detroit-based union hit the 30% milestone at the plant in Vance, Alabama, outside Tuscaloosa. Securing a majority of ...Read more

Dreamstime/Dreamstime/TNS

Macy's to close another 150 stores

Business / Business News /

Macy’s announced Tuesday it will be closing 150 stores, representing about 30% of the department store’s brick-and-mortar locations.

The “underproductive” stores will be shut down over the next three years, starting with 50 by the end of 2024 and the other 100 in the following years. By 2026, there will only be 350 Macy’s locations, ...Read more

John J. Kim/Chicago Tribune/TNS

Starbucks, Union seek framework to reach collective agreement

Business / Business News /

Starbucks Corp., in a break from the labor tactics of its former chief executive officer, said it agreed with the union representing its workers to start talks on a framework to achieve collective-bargaining agreements and resolve lawsuits between the two sides.

The coffee giant had offered a slate of benefits such as credit-card tipping to ...Read more

Richard Tsong-Taatarii/Minneapolis Star Tribune/TNS

Twin Cities janitors, security guards set to strike at places from Target to airport, sports venues

Business / Business News /

MINNEAPOLIS — Nearly 8,000 janitors, security guards and airport service workers announced they are prepared to begin striking in one week at Best Buy, Target, Minneapolis St. Paul International Airport, plus other stores, sports venues and offices across the Twin Cities.

The guards and janitors are members of SEIU Local 26 and work for about...Read more

Cox Enterprises buys majority stake in government software firm OpenGov

Business / Business News /

Cox Enterprises on Tuesday announced it has taken a majority stake in California-based software company OpenGov, which helps local and state governments modernize their technology and improve transparency and constituent services.

OpenGov makes software that helps government agencies with their accounting, asset management, budgeting, ...Read more

US consumer confidence decreases for first time in four months

Business / Business News /

U.S. consumer confidence fell in February for the first time in four months as Americans’ views deteriorated about the outlook for the economy, the job market and financial conditions.

The Conference Board’s gauge of sentiment decreased to 106.7 from a downwardly revised 110.9 a month earlier, data published Tuesday showed. The February ...Read more

Michael Hiltzik: Vanguard, one of our top investment firms, shuns crypto 'like the plague.' That's good for its customers

Business / Business News /

After Jan. 10, when the Securities and Exchange Commission approved the first bitcoin exchange-traded investment products, the biggest investment firms jumped into the pool with both feet, jostling one another to offer their clients, big or small, access to bitcoin funds.

All, that is, except the second-biggest private investment management ...Read more

Study: Lower gas prices make ICEs more affordable to fuel up than EVs

Business / Business News /

With gasoline prices dropping, a new study suggests gas-powered vehicles may be more economic to fuel up versus an equivalent electric vehicle.

Entry-level gas-powered cars like the Honda Civic and Subaru Impreza had an average fueling cost of $9.46 per 100 purposeful miles, which are defined as those going to a destination, not a gas or ...Read more

Genaro Molina/Los Angeles Times/TNS

The battle brewing over California workers' unique right to sue their bosses

Business / Business News /

California workers who believe they have been victims of wage theft or other workplace abuses have for more than two decades relied on a unique state law that lets them sue employers not only themselves but also for other workers.

Now a battle is shaping up over the law, known as the Private Attorneys General Act, or PAGA. An initiative seeking...Read more

Anda Chu/Bay Area News Group/TNS

Silicon Valley job boom ends for now as employment growth slows down: report

Business / Business News /

SAN JOSE, California — Silicon Valley’s job boom has hit a pause, and while the region is still adding workers, the pace of hiring in 2023 was markedly slower than the year before, a new report shows.

Although hiring is in a slump, median household income is on the rise, according to the Silicon Valley Index 2024, a closely watched annual ...Read more

Dania Maxwell/Los Angeles Times/TNS

Looking to buy or sell a home this spring? Here's what to expect

Business / Business News /

Spring is less than a month away, and with it typically comes a busy time to buy and sell a home in Southern California.

The holidays have passed. The weather is warmer. At least in theory, families should have enough time to find a home, move and settle in before their children start school in the fall.

But during four years of a pandemic-...Read more

Italy reached out to BYD about plans for European car plant

Business / Business News /

BYD Co. has been contacted by the Italian government as part of the country’s efforts to attract a second car manufacturer beyond Fiat maker Stellantis NV.

“We have some contacts to discuss about that,” Michael Shu, managing director of BYD Europe, said in an interview at the Geneva International Motor Show. The need for a second ...Read more

Delta plans another eclipse flight, after first one quickly sold out

Business / Business News /

Delta Air Lines is putting up for sale another flight for passengers to get a view of the upcoming solar eclipse from the air, after its first eclipse flight sold out in less than 24 hours.

Delta said it will operate Flight 1010 on April 8, the day of the total solar eclipse, departing Dallas Fort Worth International Airport at 12:30 p.m. bound...Read more

FAA panel finds Boeing safety culture wanting, recommends overhaul

Business / Business News /

A Federal Aviation Administration-commissioned report issued Monday is highly critical of Boeing's safety culture and makes more than 50 recommendations to bring it up to the required legal standards consistent with "the public interest in aviation safety."

The report, written by a panel of independent aviation experts, cites "a disconnect" ...Read more