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Meg McLaughlin/The San Diego Union-Tribune/TNS

After snafu, San Diego Comic-Con sets new sales date for final tickets

Business / Business News /

A date has been set for the last San Diego Comic-Con tickets.

After technical problems halted sales in late October, the pop culture juggernaut announced Thursday morning it had set a new sale date for final 2025 tickets: Saturday, Nov. 23.

The final tickets are part of what Comic-Con calls its open registration. It already held its returning ...Read more

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EV maker Rivian falls short of revenue projections for third quarter

Business / Business News /

Electric vehicle maker Rivian missed Wall Street's expectations for revenue on Thursday, with sales coming in lower than anticipated in the third quarter.

The Irvine-based company reported revenue of $874 million in the three months ending Sept. 30., which fell short of the $992 million projected by analysts, according to FactSet. The company ...Read more

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Molson Coors closing historic, beloved Leinenkugel's brewery in Chippewa Falls

Business / Business News /

The historic Leinenkugel’s brewery in Chippewa Falls, Wisconsin, is closing after more than 150 years of operating in the town, as parent company Molson Coors centralizes brewing operations in Milwaukee.

“While never easy, these choices are made with much thought and consideration to position Molson Coors for continued success in Wisconsin ...Read more

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Trump's return could be bad for WA trade and workers, good for tech

Business / Business News /

For some Washington business leaders, Donald Trump’s return to the White House revives hopes of fresh cuts to corporate taxes and a host of regulations.

Tech company leaders hoping to gain Trump’s good graces congratulated him on his win. Wall Street analysts expressed optimism that his administration won’t put guardrails on the tech ...Read more

Mandel Ngan/AFP/Getty Images North America/TNS

Fed cuts interest rates again, but Trump's victory makes future path much murkier

Business / Business News /

The Federal Reserve cut interest rates for a second straight time on Thursday in an effort to keep the economy sailing along by easing the high borrowing costs it engineered to fight inflation. But going forward Fed policymakers must contend with a big new unknown: a second Trump presidential term.

The quarter-percentage-point reduction in the ...Read more

Real estate Q&A: Who's responsible for hedge damaged by landscaper?

Business / Business News /

Q: The landscaper hired by our HOA for the community damaged a large hedge in our yard that now must be replaced. My HOA says the damage is not their responsibility and that I must resolve the problem myself. Do I have to deal directly with the landscape company? —Jo Ann

A: No, your community association will need to deal with this problem. ...Read more

Al Seib/Los Angeles Times/TNS

How Trump's second presidency could bring more drama to Hollywood

Business / Business News /

Already facing retrenchment and existential concerns about its business model, Hollywood is bracing for more potential volatility from the incoming Trump administration.

While President-elect Donald Trump has not laid out specific plans for the entertainment industry, analysts said his proposed broader policies on global tariffs, as well as the...Read more

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Las Vegas real estate market on 'wild ride' for past 5 years: Zillow

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Las Vegas’ residential real estate market has been on a “wild ride” for the past five years but could finally be getting off the roller coaster ride that started during the pandemic, according to new statistical analysis from Zillow.

The Las Vegas market recently entered more “balanced territory,” said Kara Ng, a senior economist with...Read more

Alejandro A. Alvarez/The Philadelphia Inquirer/TNS

Other cities want less self-storage. Philadelphia can't get enough of it

Business / Business News /

PHILADELPHIA — On a windblown stretch of the Delaware riverfront in late September, an array of local leaders lined up to praise a new use for Pier 40.

After sitting derelict for years, the monumental Beaux-Arts remnant of Philadelphia’s industrial history was sold to PrimeSpace Capital, and the New York-based developer refurbished its ...Read more

Alex Kormann/Minnesota Star Tribune/TNS

General Mills' $1.2B bet on pet treats falls victim to poor timing

Business / Business News /

When General Mills paid $1.2 billion for Tyson’s pet treats business in 2021, CEO Jeff Harmening predicted a “long runway of strong, profitable growth ahead.”

Three years later, the maker of Blue Buffalo is downgrading the value of its True Chews and Top Chews brands over “lower future sales and profitability projections,” per a ...Read more

Brian van der Brug/Los Angeles Times/TNS

After a century, concrete plant that helped build LA makes way for a deluxe tower

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If the new apartment tower had been planned for another plot of land, chances are good the concrete plant in the middle of the city would have helped build it.

But, as it happens, the century-old facility on La Brea Avenue that has provided concrete for buildings and roads across the Los Angeles region sat where the tower is to go up.

Now, the...Read more

Monica Herndon/The Philadelphia Inquirer/TNS

Older home buyers, more cash, and (relatively) fewer first-timers: A national survey sheds light on the state of the housing market

Business / Business News /

Rising home prices are continuing both to benefit established homeowners and to challenge buyers trying to purchase their first home, according to the National Association of Realtors’ annual report surveying buyers and sellers.

“The U.S. housing market is split into two groups: first-time buyers struggling to enter the market and current ...Read more

Renée Jones Schneider/Minnesota Star Tribune/TNS

More Minnesotans face 'pharmacy deserts' with chain drugstore closures

Business / Business News /

KB Brown’s phone hasn’t stopped ringing since Walgreens shut its W. Broadway store last year, leaving one pharmacy to serve 67,000 residents in the north Minneapolis area where he lives and runs his graphics design business.

With Walgreens gone — and CVS shutting four other area stores — Brown, at least three times a week, transports ...Read more

Stacey Wescott/Chicago Tribune/TNS

Economic opportunity or environmental burden? Massive proposed real estate project ignites debate in Chicago

Business / Business News /

A massive commercial real estate project proposed for Chicago’s Southeast Side remains in limbo as its planners battle environmental activists over how best to rebuild the area’s economy.

A group backed by the Ozinga family wants to burrow several hundred feet beneath a contaminated former steel mill site and create a 6 million-square-foot ...Read more

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Elon Musk went all-in to elect Trump. What a second Trump presidency could mean for big tech

Business / Business News /

SAN FRANCISCO — On election night, as Republican Donald Trump inched closer to reclaiming the U.S. presidency, some tech executives and venture capitalists rejoiced.

“The people of America gave@realDonaldTrump a crystal clear mandate for change tonight,” Elon Musk posted on his social media platform X, formerly known as Twitter.

The ...Read more

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Stellantis will cut 1,100 jobs at Toledo's Jeep Gladiator plant

Business / Business News /

Stellantis NV said Wednesday it plans to cut a shift at its Toledo plant that builds Jeep Gladiator pickups, which will result in about 1,100 indefinite layoffs by early next year.

The move from two to one shifts does not come as a surprise, with Gladiator sales slowing this year and the automaker seeking to slash pent-up inventories of the ...Read more

LiPo Ching/Bay Area News Group/TNS

Trump victory fires financial markets sharply higher; EV maker Tesla jumps 15%

Business / Business News /

Financial markets caught fire the day after Republican Donald Trump’s victory, a signal investors think the next president will be good for business.

The Dow Jones Industrial Average rocketed 1,508 points higher in Wednesday trading as other indices also notched big gains. Tesla Inc. shares surged as much as 15% as investors wager the ...Read more

Meri Simon/Bay Area News Group/TNS

San Jose staffing firm co-owner pleads guilty to H-1B visa fraud scheme

Business / Business News /

A Santa Clara, California, man pleaded guilty this week to fraud for illegally obtaining H-1B visas to use for his company that provides workers for Bay Area technology firms.

Kishore Dattapuram, 55, entered his guilty plea Monday in U.S. District Court in San Jose, California. Along with two other men, Santosh Giri of San Jose, and Kumar ...Read more

Tyger Williams/The Philadelphia Inquirer/TNS

This SAP industry center uses artificial intelligence to streamline manufacturing

Business / Business News /

When Hurricane Helene damaged western North Carolina in September, filling medical facilities with people who couldn’t be cared for at home, Jim Polk, a tech executive at Exela Pharmaceutical Sciences in Lenoir, North Carolina, got a call from the Atrium Health hospital group in flooded Asheville. Could his company make intravenous saline bags...Read more

Kilmermedia/Dreamstime/TNS

Lyft fined for duping would-be drivers over potential pay

Business / Business News /

When COVID-19 vaccines started becoming widely available in early 2021 and demand for ride-hailing services began to recover, Bay Area company Lyft launched a nationwide campaign to recruit drivers with promises of lucrative pay.

“Start driving and earn up to $44/hour,” said an online Lyft ad targeting San Francisco, while another ad ...Read more