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Luiz C. Ribeiro/New York Daily News/TNS

Hudson Yards Vessel to reopen three years after spate of deaths

Business / Business News /

The Vessel at Hudson Yards will reopen later this year, it was announced on Friday, three years after it was shuttered following a spate of suicides.

The honeycombed installation opened in March 2019 as the centerpiece of the new Hudson Yards neighborhood in Midtown Manhattan. But it quickly gained notoriety after several visitors took their ...Read more

Honda/Honda/TNS

Honda's Midwest manufacturing plants begin EV conversion

Business / Business News /

Move over Accord, here comes Honda’s EV line.

Honda Motor Co. is transferring production of its iconic, internal combustion engine-powered Accord sedan from its long-time home in Marysville, Ohio, to its Greensburg, Indiana, assembly plant to make room for electric vehicle production starting in 2025. The move is a major step in Honda’s "...Read more

Miguel Martinez/The Atlanta Journal-Constitution/TNS

New EV sales hit crossroads, while used EVs have open road for growth

Business / Business News /

No one said electrifying the auto industry was going to be a smooth ride.

Electric vehicle sales got off to a slow start in 2024, with some some automakers — namely EV pioneer Tesla — seeing their sales momentum reverse.

After the country eclipsed 1.2 million EV sales in 2023, new plug-in vehicle sales increased about 3% year-over-year ...Read more

John Spink/The Atlanta Journal-Constitution/TNS

Aviation industry tackles safety issues as travel picks up

Business / Business News /

A series of troubling airline incidents and upheaval at aircraft manufacturer Boeing have raised questions about air safety, as more travelers take to the skies this spring and look toward summer trips.

Aviation industry experts say flying remains one of the safest forms of transportation. The U.S. passenger airline industry also hasn’t had a...Read more

Branden Eastwood/AFP/Getty Images North America/TNS

US Steel shareholders approve Nippon Steel's $14.1 billion takeover offer

Business / Business News /

United States Steel Corp. shareholders voted in favor of a $14.1 billion takeover offer by Nippon Steel Corp., leaving the fate of the deal for the iconic American steelmaker to the realm of U.S. regulators and politics.

Investors of U.S. Steel endorsed the Japanese steelmaker’s $55-a-share offer at a special shareholders’ vote Friday with ...Read more

Scott Barbour/Getty Images North America/TNS

Google says it will reduce some user access to California news sites

Business / Business News /

Google said Friday it would remove links to California news sites from its search results for some of its users, as it pushes back against a pending bill that would require the Silicon Valley technology company to pay publishers.

The search giant said the bill, called the California Journalism Preservation Act (CJPA), would upend its business ...Read more

Dreamstime/Dreamstime/TNS

Roku says 576,000 accounts were hacked in latest breach

Business / Business News /

Roku on Friday disclosed that 576,000 accounts were accessed by malicious actors.

The San José, California, technology company said that it discovered the problem after monitoring unusual account activity on its platform earlier this year that affected roughly 15,000 user accounts.

Through its investigation, Roku said that the malicious ...Read more

Carolyn Cole/Los Angeles Times/TNS

Ruling paves way for Biden to approve stricter California vehicle rules, but SCOTUS looms

Business / Business News /

WASHINGTON — A federal court ruling this week allows California to keep setting air pollution and vehicle emissions standards above and beyond federal limits, with potentially far-reaching impacts for an auto industry that's navigating a bumpy electric transition.

The decision preserves a regulatory double standard across the country. There ...Read more

Econometer: Is the negative effect of the $20 fast-food minimum wage overblown?

Business / Business News /

Earlier this month, California fast-food workers started earning a $20 an hour minimum wage. The law applies to restaurants offering limited or no table service and which are part of a national chain with at least 60 establishments nationwide.

Proponents of the bill, and many fast-food workers, say the increase will help them pay bills, rent ...Read more

Ray Chavez/Bay Area News Group/TNS

Oakland International Airport to add San Francisco Bay to name -- legal war looms

Business / Business News /

OAKLAND, California — Despite an uproar from politicians and tourism executives, officials who oversee Oakland International Airport voted Thursday to add “San Francisco Bay” to the transit hub’s name.

The change is meant to spur economic growth in the wake of the coronavirus pandemic and create a higher profile for the least busy of ...Read more

Stellantis/Fiat/TNS

Auto review: 2024 Fiat 500e is the perfect cup of automotive espresso

Business / Business News /

Here we go again.

The battery-electric Fiat 500e returns for 2024, five model years after it was previously offered for sale in the United States and a decade after it debuted.

Of course, if you don’t remember the previous Fiat 500e, you probably didn’t live in in California and Oregon, the only states where it was sold merely to meet ...Read more

Clarence Tabb Jr./The Detroit News/TNS

Henry Payne: Delivering packages in Rivian's Amazon EV truck

Business / Business News /

PONTIAC, Michigan — Coming to your Metro Detroit neighborhood, Amazon.com Inc.’s Rivian electric delivery vans are the culmination of a five-year collaboration between the retail giant and the U.S.-based electric vehicle startup.

Michigan is among the major metropolitan areas receiving 100,000 Rivian Automotive Inc. vans that will both meet...Read more

Marc Grasso/Boston Herald/TNS

Auto review: 2024 Jaguar F-Pace SVR is one raspy ride

Business / Business News /

Exhaust! In Grasso’s Garage this week, we have a noise maker on our hands with the 2024 Jaguar F-Pace SVR. This display of both luxury and sport makes for an amazing ride but a rough one, filled with tons of power.

Under the hood of our unbelievable Ultra Blue exterior paint is a 5.0-liter supercharged eight-cylinder engine, producing 550 ...Read more

Medtronic study puts spotlight on how one of its heart devices can help women

Business / Business News /

More and more medical studies show that heart issues in women are not only underdiagnosed but should be treated differently.

A study Medtronic designed to test its Evolut TAVR (transcatheter aortic valve replacement), published this week in the New England Journal of Medicine, showed that the device could be the answer for many women with ...Read more

Stellantis cuts 200-plus supplemental workers in Detroit

Business / Business News /

Stellantis NV continues to cut its supplemental manufacturing workforce, with more than 200 additional workers losing their jobs at one Detroit warehousing facility as of March 31, union officials and workers said.

"Stellantis continues to review its manufacturing operations to ensure all facilities are operating as efficiently as possible in...Read more

Thos Robinson/Getty Images North America/TNS

Amazon CEO Andy Jassy touts AI in annual shareholder letter

Business / Business News /

In his annual letter to shareholders, Amazon CEO Andy Jassy went back to 2003.

Quoting from a “Vision document” that year for Amazon Web Services — the company’s cloud computing division — Jassy said Amazon has always been focused on designing and offering “primitives,” or the building blocks that other innovators need to make the...Read more

Ellen M. Banner/The Seattle TImes/TNS

Airbus pulls further ahead as Boeing struggles

Business / Business News /

Airbus delivered more than twice as many commercial jets as Boeing in March, with the U.S. aerospace giant slowed by efforts to contain quality issues at its 737 Max assembly plant in Renton, Washington.

Adding to Boeing’s woes, it delivered none of its widebody 777s in the first three months of the year due to a separate supply chain issue. ...Read more

Justin Sullivan/Getty Images North America/TNS

Apple plans to overhaul entire Mac line with AI-focused M4 chips

Business / Business News /

Apple Inc., aiming to boost sluggish computer sales, is preparing to overhaul its entire Mac line with a new family of in-house processors designed to highlight artificial intelligence.

The company, which released its first Macs with M3 chips five months ago, is already nearing production of the next generation — the M4 processor — ...Read more

Hormel settles pork price-fixing suits for $11 million

Business / Business News /

Hormel Foods will pay more than $11 million to settle class-action lawsuits alleging the company worked with other pork producers to illegally fix prices and overcharge customers, according to court records.

The proposed settlements, filed in federal court in Minneapolis last week, will see the Austin, Minnesota-based food company end the ...Read more

Ford Motor Co./TNS/TNS

Ford cuts price of F-150 plug-in pickup, set to resume shipments

Business / Business News /

Ford Motor Co. slashed prices of its electric F-150 Lightning pickup truck by as much as 7.5% as the automaker prepares to resume deliveries this month following a halt earlier this year over an undisclosed quality issue.

The price cuts put in place April 5 partially reverse hikes in January as Ford was reducing production of its signature ...Read more