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California state workers are staying in their job longer and retiring later. Why?

Business / Business News /

California is on track to lose fewer employees to retirement than previous years, according to data for the first six months of 2024.

Preliminary numbers from the California Public Employees’ Retirement System showed that fewer state workers retired from civil service each month from January to June this year compared to the first half of ...Read more

Jose M. Osorio/Chicago Tribune/TNS

Ex-Loretto Hospital CEO charged in embezzlement scheme

Business / Business News /

The former CEO of Loretto Hospital has been charged in an embezzlement scheme that allegedly bilked millions of dollars from the small West Side safety-net hospital, even as the COVID-19 pandemic was raging.

George Miller, 73, was charged in a superseding indictment made public Friday with a single count of bribery conspiracy. An arraignment ...Read more

Karen Ducey/The Seattle Times/TNS

Boeing to cut 10% of workforce, stop most 767 production amid strike

Business / Business News /

Boeing will lay off 10% of its workforce in the coming months and cut its production amid a month-old strike that has left the company burning through cash as its factories sit idle.

The company said Friday it would end production of its Everett-built 767 freighter in 2027, after it completed current orders for 29 jets. It also delayed the ...Read more

U.S. Consumer Product Safety Commission/U.S. Consumer Product Safety Commission/TNS

Fisher-Price recalls more than 2 million swings after suffocation deaths

Business / Business News /

Toy brand Fisher-Price has recalled more than 2 million Snuga infant swings after five suffocations deaths of babies ages 1-3 months were reported.

According to the U.S. Consumer Product Safety Commission, the Snuga swings should never be used for sleeping and should never have beddings materials added tothem, because the headrest and body ...Read more

California's ban on certain hemp products clears early legal challenge

Business / Business News /

California's emergency ban on certain hemp products cleared a legal challenge Friday brought by cannabis businesses that sought to block the new rules.

Los Angeles County Superior Court Judge Stephen Goorvitch denied the businesses' request that he issue an order which would have temporarily allowed hemp sales while a lawsuit over the ban ...Read more

Dreamstime/Dreamstime/TNS

Insurers said they won't eliminate water damage coverage when taking out Citizens policies this fall

Business / Business News /

A Florida-based property insurer that was recently eliminating coverage for non-weather-related water damage from policies taken out of state-run Citizens Property Insurance Corp. has told agents and executives of Citizens that it will provide limited water damage coverage in planned takeouts in October and November.

In a phone call with a ...Read more

Marc Grasso/Boston Herald/TNS

Auto review: 2025 Lexus UX delivers compact luxury with flare

Business / Business News /

As Lexus continues to maximize Toyota Motor Co.’s excellent hybrid technology, it's not surprising that a smaller, more luxury-hybrid based SUV was in the cards.

Meet the 2025 Lexus UX300h Premium AWD. Wrapped in Copper Crest, an exquisite exterior color that glimmers in the sun, our test vehicle stood out with nice exterior curves. The UX300...Read more

MGM emphasizes youth movement, 'International' for growth strategy

Business / Business News /

MGM Resorts International is working to appeal to young gamblers who crave experiences more than material things as well as emphasize the “International” in its name.

MGM CEO Bill Hornbuckle on Tuesday kicked off Day 2 of the four-day 2024 Global Gaming Expo with a keynote address on how casino companies can continue to grow even after ...Read more

Chris Tedesco/Acura/TNS

Auto review: Integra Type S: It's the right type for sport drivers

Business / Business News /

If you’re the type of driver who cares less about getting from A to B, and more about how much fun it might be getting to B, Acura knows your type. If you like sleek styling, raw power and rally handling, but want enough comfort for daily driving, too, Acura knows your type.

Acura calls it the Type S. The 2024 Integra Type S, a premium sport ...Read more

Tesla/Tesla/TNS

Musk shows Tesla Cybercab, sees sub-$30,000 cost and 2026 production

Business / Business News /

Elon Musk unveiled Tesla Inc.’s highly anticipated self-driving taxi at a flashy event that was light on specifics, leaving investors questioning how the carmaker expects to achieve its ambitious goals.

The chief executive officer showed off prototypes of a slick two-door sedan called the Cybercab late Thursday, along with a van concept and ...Read more

Jerry Holt/Minnesota Star Tribune/TNS

In Minnesota, the switch to electric vehicles includes your local Zamboni

Business / Business News /

ST. PAUL, Minnesota — The newest addition to the Minnesota Wild lineup took laps around the ice at an empty Xcel Energy Center on Monday morning, prepping for an NHL debut at the season opener Thursday.

The newcomer is more than 6 feet tall, built like a truck, with a name familiar to hockey fans: Zamboni.

Like its predecessors, this Zamboni...Read more

Subaru/Subaru/TNS

Auto review: 2025 Subaru Forester is rational, not rapid

Business / Business News /

The redesigned 2025 Subaru Forester brings to mind my single friend Kathy, who works for Catholic Social Services. For many years, she drove solo in an oversized canary yellow Plymouth Belvedere station wagon. Is it any wonder that she now pilots a Subaru Forester? While not the Spartan suburban dream promised by Plymouth, the Forester possesses...Read more

Joe Raedle/Getty Images North America/TNS

Michael Hiltzik: The latest info on California's $20 minimum wage for fast food workers -- higher pay, no job losses and minimal price hikes

Business / Business News /

Which of California's economic initiatives droves conservatives batty the most? No question: It's the state's $20 minimum wage for fast food workers, which went into effect April 1.

For months before the wage increase, conservative pundits and economists filled the airwaves and newspaper columns with predictions that it would produce an ...Read more

Luis Sinco/Los Angeles Times/TNS

Bird flu is spreading rapidly among California dairy cows. Will milk prices rise?

Business / Business News /

As a rapidly increasing number of California dairy farms suffer outbreaks of H5N1 bird flu, industry experts say it remains unclear just how the disease may affect the nation’s milk supply or pricing.

As of Oct. 9, the nation’s largest milk producing state had reported 93 H5N1 outbreaks in dairy herds — nearly doubling in the span of a ...Read more

Stellantis/Stellantis/TNS

Stellantis overhauls leadership, including new North American and European chiefs

Business / Business News /

Stellantis NV on Thursday announced a leadership overhaul amid recent financial and sales struggles, including new chief operating officers for North America and Europe and a new chief financial officer, among other moves.

For North America, Stellantis said current Jeep CEO Antonio Filosa will add chief operating officer for the region to his ...Read more

Justin Sullivan/Getty Images North America/TNS

J&J talc bankruptcy stays in Texas, boosting settlement odds

Business / Business News /

Johnson & Johnson did not wrongly manipulate bankruptcy rules when it filed an insolvency case in Texas and not its home state of New Jersey, a federal judge ruled, increasing the odds the consumer health giant can settle claims its baby powder gave women cancer.

Judge Christopher Lopez said Thursday he’ll keep a J&J subsidiary in his Houston...Read more

Alyssa Pointer/The Atlanta Journal-Constitution/TNS

A Georgia biotech firm finds itself fighting the FDA and former workers

Business / Business News /

MiMedx, a Marietta, Georgia, biomedical company that makes skin grafts and other treatments, is entangled in contentious legal battles with filings in recent weeks by a federal government agency in one court and 10 former employees in another.

Near the center of both conflicts is a new wound treatment it calls Axiofill, which the Food and Drug ...Read more

Dreamstime/Dreamstime/TNS

Atlanta ranked as best US city for Black homebuyers

Business / Business News /

New research published Thursday found Atlanta is the best city for Black people who want to get on the housing ladder. But it also reinforced findings on the gulf between white and Black homeownership in the US.

The report published by Columbia, Miss.-based Mortgage Research Center suggests the Atlanta-Sandy Springs-Alpharetta area is the most ...Read more

Christina House/Los Angeles Times/TNS

Mon Dieu! McDonald's puts Beyond Meat's plant-based McNuggets on French menu

Business / Business News /

McDonald's is putting Beyond Meat's plant-based chicken McNuggets on its French menu, marking an expansion of the El Segundo company's European business.

The Veggie McPlant Nuggets, made from wheat and pea proteins, will be served at all of McDonald's 1,560 restaurants in France on a permanent basis, the fast food company said this week.

"With...Read more

Miguel Martinez/The Atlanta Journal-Constitution/TNS

Here's how Delta performed in the third quarter, CrowdStrike outage and all

Business / Business News /

Delta Air Lines’ July meltdown triggered by the CrowdStrike outage took a chunk out of the carrier’s third quarter results, but Delta still managed to post a $1.27 billion profit during a busy summer season.

In the July-September quarter, Delta brought in $15.7 billion in revenue, up 1% from the third quarter last year. Delta’s third ...Read more