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Fliers are bigger, seats are smaller: Consumer groups say airline safety tests are outdated

Business / Business News /

A coalition of consumer groups that has questioned the safety of the nation's increasingly crowded airline cabins and shrinking seats is calling federal safety tests scheduled for next month outdated.

With airlines squeezing smaller seats in each cabin, federal regulations adopted last year required the Federal Aviation Administration to study ...Read more

Democrats seek insider trading probe after 'Trump Chaos' article

Business / Business News /

WASHINGTON -- Democratic lawmakers are increasingly demanding that U.S. authorities investigate allegations raised in a recent magazine article that traders might be using nonpublic government information to reap huge illegal profits, even as the exchange where the transactions purportedly took place called the story "patently false."

In a ...Read more

California's spiking gas prices should be investigated for possible fixing, says Gov. Newsom

Business / Business News /

SACRAMENTO, Calif. -- Citing gasoline prices that are as much as 30 cents a gallon higher than those in other states, Gov. Gavin Newsom on Monday asked the state attorney general to investigate whether California's leading oil and gas suppliers are involved in price-fixing or other unfair practices.

"Simply stated, name-brand gas retail outlets...Read more

Business / Business News /

Kill Monday's IMMIGRATION-DREAMERS-COROPORATIONS:TB (Spencer). The story cannot be used because it was improperly slugged as a Chicago Tribune story. It was a Minneapolis Star Tribune story. It will be resent with a correct Star Tribune slug.

(c)2019 Chicago Tribune

Visit the Chicago Tribune at www.chicagotribune.com

Distributed by Tribune ...Read more

Effort to deport 'Dreamers' gets pushback from Minnesota companies

Business / Business News /

WASHINGTON -- Several prominent Minnesota businesses are urging the U.S. Supreme Court to block a Trump administration plan to allow deportation of residents brought into the country illegally as children.

Best Buy, Target, Ecolab, Cargill, UnitedHealth Group and C.H. Robinson are among thousands of American companies signed on individually or ...Read more

Zuckerberg: More important for him to 'be understood than it is to be liked'

Business / Business News /

Facebook Chief Executive Mark Zuckerberg continued with his recent public openness campaign on Monday when he reiterated what he said was the social-media giant's commitment to free expression amid criticism about his company's role in political campaigns.

"I get that a lot of people are angry at us," Zuckerberg said in an interview with NBC ...Read more

Effort to deport 'Dreamers' gets pushback from Minnesota companies

Business / Business News /

WASHINGTON -- Several prominent Minnesota businesses are urging the U.S. Supreme Court to block a Trump administration plan to allow deportation of residents brought into the country illegally as children.

Best Buy, Target, Ecolab, Cargill, UnitedHealth Group and C.H. Robinson are among thousands of American companies signed on individually or ...Read more

Minnesota's biggest semiconductor chip plant is getting even bigger

Business / Business News /

BLOOMINGTON, Minn. -- SkyWater Technology Inc., the biggest maker of semiconductors in Minnesota, is adding a third clean room that will allow it to build smaller chips and ones designed for outer space.

Construction just started at the factory in Bloomington, just a few blocks from the Mall of America, on the addition. "It's exciting to be ...Read more

Amazon's growing spending on Seattle politics includes a spate of donations from Jeff Bezos' 'S Team'

Business / Business News /

SEATTLE -- Earlier this year, 11 members of Amazon's so-called "S Team" -- senior leaders who report directly to Amazon founder and CEO Jeff Bezos -- started writing checks to a group of Seattle City Council candidates and a political-action committee. For most of the executives, it marked their first donations to Seattle council races.

The ...Read more

Carla Fried: Negotiate your starting salary — doing it right can add $750,000 more during your career

Business / Business News /

Adulting can be one long financial trial by fire. Staying on track with student loan repayment, navigating the dos and don'ts of building the almighty credit score, somehow finding the cash flow to start saving for retirement, all while making rent.

Add one more item and all the others get easier: negotiating your salary. The more you make ...Read more

Carla Fried: By age 25, save $100 a week. In your mid-60s, have $1 million-plus

Business / Business News /

In your 20s, retirement is a distant four or five decades down the road. Why worry? You're hustling to make the rent, or save up for a security deposit so you can move on from your parent's home. And maybe there's a student loan to repay.

But two facts should persuade you to be the oddball among your friends who actually starts saving early for...Read more

Facebook identifies Iranian, Russian foreign influence campaigns

Business / Business News /

NEW YORK -- Facebook Inc. discovered four separate misinformation networks -- three tied to Iran and one to Russia -- that the social network said it shut down as part of an ongoing effort to counter "foreign influence campaigns."

Facebook said that the "coordinated inauthentic behavior" took aim at the U.S., North Africa and Latin America and ...Read more

It's 'possible' UAW workers will strike Ford, FCA if pushed for contract concessions

Business / Business News /

DETROIT -- No one is breathing easy yet.

Because more UAW strikes remain in the realm of possibility in coming weeks.

As General Motors waits to see whether 46,000 factory workers will vote in these next few days to approve a tentative contract agreement with the UAW and end a strike entering its sixth week, labor experts and a source with ...Read more

UAW got a good deal from GM, labor leaders, experts say

Business / Business News /

DETROIT -- Many labor experts and union leaders say the UAW got a good deal from General Motors and expect union members to ratify it.

In the meantime, about 46,000 workers will remain on strike while they learn about the tentative agreement and vote through next week.

"It's a good agreement," one UAW local leader said last week. "No, they ...Read more

Now that White Claw summer is over, will hard seltzer's popularity go splat?

Business / Business News /

It's been 32 years since the popularity of wine coolers peaked. Zima's day in the sun was a quarter of a century ago. The website that popularized "icing" -- a drinking game that involved getting down on one knee and chugging a bottle of Smirnoff Ice -- doesn't even exist anymore.

Now the question is whether White Claw, the current smash in ...Read more

Boeing denies pilot messaging chat shows prior knowledge of 737 Max flight control problem

Business / Business News /

Two days after the publication of a 2016 instant message chat between two senior pilots on the 737 Max program drew outraged condemnation from members of Congress, airline pilot unions and outside experts, Boeing said Sunday the pilot text exchange had been widely misinterpreted.

In the chat conversation on Nov. 15, 2016, made public Friday by ...Read more

Just before trial, report details ExxonMobil's disinformation

Business / Business News /

Two days before ExxonMobil goes to court Wednesday, facing New York state accusations the oil company misled investors about climate change, a team of researchers released a report Monday outlining the company and the broader fossil fuel industry's decadeslong campaign of deception, and its success at confusing the American public.

The report, ...Read more

'Maleficent: Mistress of Evil' tops box office but falls short of expectations

Business / Business News /

LOS ANGELES -- The box office was dominated by villains and sequels as Disney and Buena Vista's "Maleficent: Mistress of Evil" toppled "Joker" from the top spot after two weekends of dominance.

The $185 million film, which stars Angelina Jolie as the titular "Sleeping Beauty" sorceress, opened with a disappointing $36 million, well below ...Read more

Goldman banker arrested over U.S. insider trading allegations

Business / Business News /

A Goldman Sachs Group Inc. investment banker was arrested by federal prosecutors over allegations of insider trading, according to court records unsealed on Friday.

Bryan Cohen, a vice president, leaked nonpublic information for almost three years as part of an international insider trading scheme that led to $2.6 million in illicit gains, ...Read more

J&J recalls lot of baby powder after asbestos trace found

Business / Business News /

NEW YORK -- Johnson & Johnson is recalling one lot of its Johnson's Baby Powder after tiny amounts of asbestos contamination were found in samples from a single bottle purchased online.

J&J is voluntarily recalling the lot, #22318RB, which consists of 33,000 bottles, and is encouraging people who bought the product to discontinue use. The ...Read more