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Disney's request to restore ABC for Trump-Harris debate touches off more squabbling

Business / Business News /

The Walt Disney Co.'s proposal for a partial, temporary detente as the blackout of its channels on DirecTV and U-Verse stretches into its 10th day has devolved into another round of bickering.

Early Tuesday, Disney offered to restore the ABC network to DirecTV, U-Verse and DirecTV Stream customers for tonight's highly anticipated debate between...Read more

Genaro Molina/Los Angeles Times/TNS

Philanthropists invest $15 million in LA County local news

Business / Business News /

With local news struggling to survive, a collective of Los Angeles media executives and philanthropists launched an ambitious nonprofit group Tuesday to bolster L.A. County's local news ecosystem, support small independent media and build public trust in media.

The new organization, Los Angeles Local News Initiative, has raised almost $15 ...Read more

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CT nuclear power plant offers plan for storing hazardous waste. What to know

Business / Business News /

After operating for decades, the Millstone nuclear power plant is seeking “final closure” of three hazardous waste storage and management units in Waterford, Connecticut.

Dominion Energy, which owns Millstone, needs approval from the state Department of Energy and Environmental Protection for the plan that covers three separate buildings at...Read more

Kevin Clark/The Seattle Times/TNS

Boeing Machinists union chief expects members will reject deal, strike

Business / Business News /

After an overwhelmingly negative reaction to a deal struck by Boeing and Machinists union leaders, union leader Jon Holden said Monday he expects rank-and-file members will reject the contract and strike late this week.

“The response from people is it’s not good enough,” Machinist union district 751 president Holden said in an exclusive ...Read more

Luis Sinco/Los Angeles Times/TNS

Los Angeles should hike hotel and airport workers' pay, report says

Business / Business News /

A proposal by City Council members to raise the minimum wages of workers at large hotels and Los Angeles International Airport in the run-up to the 2028 Summer Olympics has received a boost from a new city report.

The report, released Thursday by the city's chief legislative analyst, Sharon Tso, concludes that the proposed gradual pay increase ...Read more

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Motormouth: Trouble codes

Business / Business News /

Q: My Jeep was in my garage for 8 months without being started. Of course, the battery died. I am due for a state inspection sticker soon. A mechanic said there is nothing to test because the dead battery erased all info. I was told I need to drive it for 100 miles to get new data for testing. What should I do before I bring it into the station?...Read more

John J. Kim/Chicago Tribune/TNS

Art Institute announces $75 million gift to create new gallery building on Michigan Avenue campus

Business / Business News /

The Art Institute announced a transformative $75 million gift Tuesday to construct a new gallery building and begin an ambitious reshaping of its sprawling campus in the heart of downtown Chicago’s lakefront.

The lions will remain at their post in front of the historic 131-year-old main building along South Michigan Avenue, but their ...Read more

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What's going to get employees back to the office? A golf simulator alone won't cut it

Business / Business News /

Are sports simulators, pickleball courts and kombucha on tap enough to lure employees back to their cubicles?

Nope. Not according to Megan Mackinson, anyhow. And she should know. She’s the Chicago-based national lead for workplace strategy for global real estate services firm JLL. It’s her job to help building owners fill their spaces and ...Read more

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Michael Hiltzik: Boeing's landmark union contract seeks to reverse its horrible executive decisions since the turn of this century

Business / Business News /

Reporting on the announcement Sunday that Boeing Co. had reached a landmark contract agreement with its largest union tended to focus on its economic components, such as wage increases of 25% to 33% over four years, a reduction in employee costs for healthcare and improvements in retirement benefits.

Rather less attention was paid to the ...Read more

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Apple, Google lose multibillion dollar court fights with EU

Business / Business News /

Apple Inc. lost its court fight over a €13 billion ($14.4 billion) Irish tax bill and Google lost its challenge over a €2.4 billion fine for abusing its market power, in a double boost to the European Union’s crackdown on Big Tech.

The EU’s Court of Justice in Luxembourg backed a landmark 2016 decision that Ireland broke state-aid law ...Read more

John Spink/The Atlanta Journal-Constitution/TNS

UPS is laying off more employees amid effort to boost profitability

Business / Business News /

Sandy Springs-based UPS is laying off more of its employees, after earlier this year announcing it was cutting 12,000 jobs in its management ranks.

The company did not specify how many employees are losing their jobs in the latest round of cuts, but said Monday evening the layoffs are part of ongoing efforts since the January announcement of ...Read more

Daniel Mears/The Detroit News/TNS

Michigan manufacturers tap women to support industry's growth

Business / Business News /

RIVER ROUGE, Michigan — Sarah Messa, plant manager at USG, stood confidently in her safety vest, glasses and earplugs as she guided a recent tour of the facility, which has stood since the 1920s.

“We have a lot of 'old building, old structure with new technology' thing going,” she said, pointing at the facility that produces cement board....Read more

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Feds sue FedEx, alleging injured workers were illegally denied accommodations

Business / Business News /

An injured Minnesota FedEx driver says she was placed on unpaid medical leave and later fired without being offered accommodations to return to work, despite her requests.

Now the Equal Employment Opportunity Commission is suing the delivery giant on behalf of Wendy Gulley and other drivers around the country, alleging FedEx violated the ...Read more

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Hedge fund challenges Murdoch family's longtime control over News Corp.

Business / Business News /

Activist investor Starboard Value is challenging the ownership structure of media empire News Corp., arguing that its dual-class share arrangement gives outsize say to the Murdoch family and amplifies members' complicated interpersonal dynamics.

The hedge fund said it has submitted a proposal to eliminate the dual-class share structure of the ...Read more

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Waffle House CEO Walt Ehmer dead at 58

Business / Business News /

Walt Ehmer, the president and CEO of Waffle House has died, the company confirmed Sunday.

Ehmer, 58, died Friday following a long illness, Waffle House wrote in a statement. The company said it would share more details in the coming days and that he would be “greatly missed.”

“For now, we know all of you join us in extending our deepest ...Read more

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Value investing vs. growth investing: Which is better in today's market?

Business / Business News /

It’s the perennial question among stock investors: which is better — growth investing or value investing? Recently, there’s been little contest. Growth stocks, such as Apple and Nvidia, have handily outperformed value names. But it’s not always that way, and many investors think value will once again have its day — although they’ve ...Read more

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Google's ad empire under fire with US antitrust trial to begin

Business / Business News /

Alphabet Inc.’s Google headed back to court Monday to face U.S. Justice Department allegations that it manipulates the $677 billion display advertising market in violation of antitrust laws, just one month after losing a landmark ruling that it illegally dominates online search.

The U.S. and a coalition of eight states accused Google of ...Read more

Miguel Martinez/The Atlanta Journal-Constitution/TNS

Norfolk Southern's board of directors investigating CEO's conduct

Business / Business News /

Atlanta-based Norfolk Southern said its board of directors is investigation allegations about the conduct of its CEO Alan Shaw.

The company said late Sunday the board’s audit committee has hired a law firm to do an independent investigation of the allegations of “potential conduct” by Shaw “that is inconsistent with the company’s ...Read more

Ron Hurtibise/South Florida Sun-Sentinel/TNS

Big Lots files for bankruptcy protection. Will more store closures follow?

Business / Business News /

Discount retailer Big Lots announced on Monday that it has filed for Chapter 11 bankruptcy protection.

The filing will result in more store closures beyond the 315 announced in early August, the company revealed in a statement posted on its website.

The August announcement affected 26 of 106 Big Lots stores in Florida, including 10 of 17 ...Read more

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'This is not a bill': How to decipher explanations of benefits and pay for your medical care

Business / Business News /

Bobbie Putman-Bailey knows how to solve problems when it comes to medical bills and health insurance.

In one instance, upon the surprise realization her specialist doctor had gone out of network for her health plan, the 42-year-old Maple Grove, Minnesota, resident convinced the insurer to overturn coverage denials that could have cost her ...Read more