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Barry Williams/New York Daily News/TNS

Digital Black Friday sales top projections despite inflation, report says

Business / Business News /

Deal-hunting Americans shrugged off sky-high inflation on Black Friday, spending in record-breaking numbers online even as brick-and-mortar stores enjoyed the fading of COVID-19 concerns.

Customers spent $14.42 billion between Thanksgiving and Black Friday — up from a combined $14.04 billion initially projected, according to Adobe Analytics. ...Read more

Ana Ramirez/San Diego Union-Tribune/TNS

For these Latino and Indigenous farmers, the future of agriculture is about sustainability and giving back

Business / Business News /

The son of migrant farm workers from Nayarit, Mexico, Hector Lopez said he wanted nothing to do with agriculture for most of his life after watching the way his parents were treated. Now retired, he changed his mind during the pandemic when he saw an opportunity to buy an avocado farm in Bonsall with the hopes of increasing local access to ...Read more

STR/AFP/Getty Images North America/TNS

US bans Huawei, ZTE telecom equipment on data-security risk

Business / Business News /

Huawei Technologies Co. and ZTE Corp. were banned from selling electronics in the US by regulators who say they pose a security risk, continuing a years-long effort to limit the reach of Chinese telecommunications companies into US networks.

The Federal Communications Commission, in an order released Friday, also named connected-camera ...Read more

Judge rejects motion to dismiss class action on turkey pricing

Business / Business News /

A federal judge has declined to dismiss an antitrust case against several turkey suppliers including agribusiness giants Cargill and Hormel Foods Corp.

The lawsuit alleges that large turkey producers shared "competitively sensitive information" to limit the supply of turkeys and fix prices.

U.S. District Judge Virginia Kendall issued her order...Read more

Ford drives new dealer EV standards amid pushback -- as Wall Street watches

Business / Business News /

Ford Motor Co. is moving forward with new standards governing how its retail network can sell electric vehicles amid some pushback from dealers — even as experts say the success of the EV strategy partly will depend on how the rollout goes.

The Blue Oval in September unveiled the new EV standards to its network of some 3,000 U.S. dealers at ...Read more

Is the South Florida real estate market crashing?

Business / Business News /

2021 was a record year for real estate in South Florida, yet the last eight months of 2022 have been about the market slowing. Questions linger as to how bad the decline in the market is and whether it’s headed for a crash.

There’s little doubt that the market has slowed over the past six to eight months: closed sales are down as buyers ...Read more

Infiniti/TNS

Auto review: Infiniti finally gets it right with QX60

Business / Business News /

It has been awhile since Infiniti has gotten it right, but with the recent redesign of Nissan’s Pathfinder, the Infiniti QX60 had no choice but to be good.

In Grasso’s Garage this week, it’s the upscale Pathfinder, the Infiniti QX60. Although we don’t notice a whole lot of exterior differences besides the chrome flare and larger wheels,...Read more

Xinhua/TNS/TNS

Tesla recalls thousands of cars in China on software, seat belts

Business / Business News /

Tesla Inc. is recalling almost 81,000 electric cars in China — more than it typically ships from its Shanghai factory in any given month — due to a software issue and seat belt problems.

The US EV maker will call back 70,434 imported Model S, Model X and Model 3 vehicles, and 10,127 China-made Model 3 cars, the nation’s State ...Read more

California Public Utilities Commission OKs $1B for EV charging project, mostly for trucks

Business / Business News /

The California Public Utilities Commission has approved a $1 billion vehicle electrification charging project, with most of the money earmarked to accelerate the number of midsize- and heavy-duty trucks on the state's roads.

The rebate program will run for five years and costs will be spread out among utility ratepayers across California, with ...Read more

Elizabeth Holmes could stay out of prison for a year or more: legal experts

Business / Business News /

When Judge Edward Davila sentenced Theranos founder Elizabeth Holmes to more than 11 years in prison last week, he ordered that she surrender for imprisonment April 27. But legal experts say Holmes could remain free well past that date.

After Davila sentenced Holmes, 38, on four counts of felony fraud, one of her lawyers in the courtroom told ...Read more

ANGELA WEISS/AFP/Getty Images North America/TNS

Adidas investigating Kanye West over accusations of inappropriate behavior

Business / Business News /

Adidas is investigating inappropriate behavior claims made against Kanye West, with whom the company recently ended a partnership.

The German athletic apparel brand initiated the probe after reviewing an anonymous letter detailing his alleged misconduct.

“It is currently not clear whether the accusations made in an anonymous letter are true,...Read more

Toyota/TNS/TNS

Auto review: A new Crown tops Toyota's car lineup for 2023

Business / Business News /

Fifty years after it last appeared in the United States, the 2023 Toyota Crown returns to the U.S. market as a replacement for the 2022 Toyota Avalon, which tried mightily to shed its stodgy image as a geezer pleaser in its final years. Toyota replaces it with a new model that’s oddly traditional, but not conventionally so. Planned with the ...Read more

Auto review: Wicked 600-hp Acura NSX Type S saves the best for last

Business / Business News /

SOUTHFIELD, Michigan — The Acura NSX is galloping off into the sunset in style. For its last model year, the NSX gets a Type S performance model with 600 horsepower, carbon-fiber roof, sticky Pirelli P Zero PZ4 tires and quicker shifting.

Awesome. But can we talk styling?

As one of world’s rare mid-engine supercars — and one of only two ...Read more

The Week Ahead: How investors will be listening for the tune through the noise of the economy

Business / Business News /

Investors will be greeted with a chorus of economic data in the week ahead. Among those listening for some harmony will be Federal Reserve leaders as they prepare to deliver their last interest rate decision of the year.

The tempo of price hikes and new jobs has slowed in recent months, but has either been enough for the Fed to change its tune ...Read more

Dude, where's my catalytic converter? Probably back in the supply chain

Business / Business News /

SEATTLE — Tow truck driver Edgar Plata spent most of a recent Monday as he often does these days, picking up the pieces after a spree of catalytic converter thefts.

By the time he pulled up to my North Seattle home to tow my newly converter-less Honda, Plata, who works for Viking Towing, had already hauled off two vehicles with similarly ...Read more

Aaron Ricketts/The Philadelphia Inquirer/TNS

Uber, Lyft and the pandemic have flattened Philadelphia's taxi industry, leaving both passengers and cab drivers waiting

Business / Business News /

PHILADELPHIA — The clock was sliding toward 2 p.m., and Ishmail Ali’s taxi was inching toward the cab stand outside 30th Street Station, currently 12th in line.

So far, he’d collected $54 in cash and $55 in credit card payments that Thursday, the meter reported. Before Uber, Ali said, he could make $450 or more in eight hours of driving. ...Read more

Real estate Q&A: Does condo association have to pay for repairs after water leaked under slab?

Business / Business News /

Q: We had a water leak below the slab at our condo. We filed a claim with our insurance company which is paying for the repair. Our condo association won’t pay my deductible. Many residents have told me that since the leak was outside the condo, the association is responsible for the entire cost. What do I do? — Louis

A: Each condominium ...Read more

Paul Kitagaki Jr./The Sacramento Bee/TNS

'It's a disaster.' Drought dramatically shrinking California farmland, costing $1.7 billion

Business / Business News /

In the fall, rice fields in the Sacramento Valley usually shine golden brown as they await harvesting. This year, however, many fields were left covered with bare dirt.

“It’s a disaster,” said rice farmer Don Bransford. “This has never happened. Never. And I’ve been farming since 1980.”

Bransford typically farms about 1,800 acres ...Read more

Brendan Smialowski/La Nacion via ZUMA Press/TNS

Twitter to expand restoring suspended accounts, Musk says

Business / Business News /

Elon Musk said Twitter Inc. will vastly expand the reinstatement of banned users beginning next week in a major reversal of the site’s content moderation policies.

In response to a poll conducted by Musk, about 72% of participants voted in favor of a “general amnesty” for suspended accounts on Twitter “provided that they have not ...Read more

Genaro Molina/Los Angeles Times/TNS

Amazon faces Black Friday protests, strikes in 40 countries

Business / Business News /

Thousands of Amazon warehouse workers across about 40 countries plan to take part in protests and walkouts to coincide with Black Friday sales, one of the busiest days of the year for online shopping.

Employees in the U.S., U.K., India, Japan, Australia, South Africa and across Europe are demanding better wages and working conditions as the ...Read more