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How to get more value from your smartphone

Business / Business News /

By some estimates, Americans spend as much as three hours a day on their smartphone, if all touches are added up.

The value users receive from their phones, however, can depend on how much that person understands what's available, or possible, with that device.

We talked with cellular service, app developers and device management executives ...Read more

Alex Kormann/Minneapolis Star Tribune/TNS

This company is bioengineering pig kidneys and livers for possible transplant into humans

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In an Minnesota lab, clear containers hold pig kidneys and livers that scientists hope will someday be transplantable in humans.

Miromatrix Medical, a biomedical firm based in the Twin Cities suburb of Eden Prairie, is exploring the scientific area known as xenotransplantation.

Xenotransplantation is a blanket term for a wide range of ...Read more

Hector Amezcua/The Sacramento Bee/TNS

Newsom signs UFW bill aimed at helping California farmworkers organize

Business / Business News /

After previously indicating he might veto the measure, Gov. Gavin Newson signed a new law Wednesday that will make it easier for agricultural laborers to join unions, a hard-fought win for the United Farm Workers.

The official signature came after union members and their supporters made a 335-mile pilgrimage from Delano to Sacramento and then ...Read more

Dreamstime/Dreamstime/TNS

SEC sues former MoviePass executives for alleged fraud and misleading investors

Business / Business News /

The U.S. Securities and Exchange Commission filed a lawsuit against former executives of the controversial cinema subscription service MoviePass, alleging they made fraudulent statements about the business.

The market regulator said that for more than two years, Theodore Farnsworth and former Netflix executive Mitchell Lowe, who were CEOs of ...Read more

S&P 500 roars back from six-day slide; bonds surge: Markets wrap

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U.S. stocks and Treasuries rallied on Wednesday after the Bank of England’s decision to stage a market intervention boosted UK bonds and tentatively calmed markets.

The S&P 500 snapped a six-day rout, rising the most since early last month, and for the first time since the Federal Reserve boosted rates and dialed up its hawkishness a week ago...Read more

Judge approves $100 million Google privacy deal. Here's how much Illinois residents will get

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Illinois residents who filed claims for a cut of Google’s $100 million class-action settlement over alleged violations of state privacy law could receive checks of about $154 each.

Cook County Circuit Judge Anna M. Loftus granted final approval of the settlement Wednesday. She granted preliminary approval of the agreement in April.

The ...Read more

All Florida policyholders will have to pay if insurers can't cover Ian's destruction

Business / Business News /

South Florida might be spared a direct hit from Hurricane Ian, but insurance customers in the region and throughout the state could be stuck helping to pay the bill if the storm causes severe damage along its ultimate path.

While it’s still early to project exactly how much damage it’s going to create, industry analysts have been studying ...Read more

Lionsgate looks to spin off film and TV studio, instead of Starz

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The much ballyhooed marriage between Lionsgate and Starz may not last much longer — at least in its current form.

After months of talks over separating its businesses, Santa Monica-based Lionsgate Entertainment told investors that it has decided to focus on spinning off the studio behind the "Hunger Games" movie franchise instead of its Starz...Read more

Terrence Antonio James/Chicago Tribune/TNS

Candy maker Ferrara fined by OSHA for allegedly exposing workers to amputation hazards

Business / Business News /

Ferrara Candy Co. has been cited for alleged safety violations at its Bellwood, Illinois, candy factory, two years after being placed in a severe violator enforcement program over safety issues, the Occupational Safety and Health Administration said Wednesday.

OSHA said Ferrara exposed workers to amputation hazards at the facility because it ...Read more

Sandy Huffaker/San Diego Union-Tribune/TNS

New California law requires employers to report pay data. What does it mean for businesses?

Business / Business News /

Gov. Gavin Newsom on Tuesday signed the state's pay transparency law that will require California businesses to disclose compensation and demographic data for their workers starting next year.

Under the new law, companies with 15 or more employees will be required to include pay ranges in job postings, and those with 100 or more employees or ...Read more

It may take a shock rate hike for traders to leave the pound alone

Business / Business News /

“Be more forceful”: that’s the message to the Bank of England from the financial community, convinced that only massive policy-tightening to lift rates above those of the Federal Reserve, will stabilize the pound.

The BoE acted on Wednesday to staunch the bond selloff, announcing a plan to buy long-dated notes. While that fueled a record...Read more

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SeaWorld San Diego announces its latest coaster: It's the park's sixth one

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SeaWorld is doubling down on coasters yet again, with the announcement Tuesday that it will be opening next year Arctic Rescue, a straddle-style ride that will allow passengers to experience the sensation of riding a snowmobile at speeds as high as 40 mph along a 2,800-foot-long track.

The latest attraction builds on the theme park's practice ...Read more

Alejandro A. Alvarez/The Philadelphia Inquirer/TNS

Philadelphia was wasting tons of produce. Then a scrappy startup stepped in

Business / Business News /

A lot happens under the soaring ceiling of the Philadelphia Wholesale Produce Market, a cathedral of fruits and vegetables. Roughly $1.5 billion’s worth of produce passes through this 550,000-square-foot cooler in a year, from everyday items like avocados and oranges to relative rarities like green almonds and quenepas. Trucks start unloading ...Read more

Paul Bersebach/Bay Area News Group/TNS

Empty wine and liquor bottles will be worth 10 cents each in California, under new recycling law

Business / Business News /

Californians may want to hold on to their empty Chardonnay and Pinot bottles: It won’t be long before the state is paying 10 cents each for them, the same as it does for most other beverage containers.

Late Tuesday night, Gov. Gavin Newsom signed into law a bill that expands the state’s bottle recycling deposit program for the first time to...Read more

Nobel Prizes, election outcomes and sports championships – prediction markets try to foresee the future

Business / Business News /

Who will win Nobel Prizes in 2022? Wikipedia posits a handful of contenders for Physiology or Medicine, about 20 different possible winners for the Peace Prize and several dozen potential winners of the Literature Prize. But since the Swedish Academy never announces nominees in advance, there are few insights indicating who will win, or even ...Read more

We tend to underestimate our future expenses – here's one way to prevent that

Business / Business News /

The Research Brief is a short take about interesting academic work.

When asked to estimate how much money they would spend in the future, people underpredicted the total amount by more than $400 per month. However, when prompted to think about unexpected spending in addition to typical expenses, people made much more accurate ...Read more

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Apple ditches iPhone production increase after demand falters

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Apple Inc. is backing off plans to increase production of its new iPhones this year after an anticipated surge in demand failed to materialize, according to people familiar with the matter.

The Cupertino, California-based electronics maker has told suppliers to pull back from efforts to increase assembly of the iPhone 14 product family by as ...Read more

Amazon's robotaxi arm Zoox coming 'sooner than people expect'

Business / Business News /

The chief executive officer of Zoox, Amazon.com Inc.’s self-driving unit, expects autonomous vehicles to be present in cities “sooner than people expect,” but stopped short of saying when her own company’s product would appear on roads.

“We don’t get into dates at Zoox; we prefer to show not tell,” Aicha Evans, speaking virtually,...Read more

First all-new, electric commuter airplane takes flight

Business / Business News /

MOSES LAKE, Washington — After months of delay, a sleek all-electric airplane prototype buzzed like a hornet at the end of the runway, then sped off and lifted into the sky above Central Washington on its first flight at 7:10 a.m. Tuesday.

The plane took two wide turns around the airfield, climbing to 3,500 feet. As it passed directly ...Read more

Death is anything but a dying business as private equity cashes in

Business / Business News /

Private equity firms are investing in health care from cradle to grave, and in that latter category quite literally. A small but growing percentage of the funeral home industry — and the broader death care market — is being gobbled up by private equity-backed firms attracted by high profit margins, predictable income, and the eventual deaths...Read more