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Dreamstime/Dreamstime/TNS

Motormouth: Do I really need to wax my car?

Business / Business News /

Q: I see you recommend waxing your car twice a year. I have owned more than 30 cars in my life and have never waxed one of them. When my car comes out of the car wash, it looks has good as any of my neighbors' cars. Have you sold out to the wax companies or should I have my eyes tested?

T.C., Chicago

A: Sold out? That’s impossible. I am ...Read more

Rob Nikolewski/The San Diego Union-Tribune/TNS

What car buyers should know about the coming tax credits for EVs

Business / Business News /

It's called the Inflation Reduction Act of 2022 but one of its primary goals is to fight carbon emissions by, among other things, giving Americans incentives to buy zero-emission vehicles. After passing both houses of Congress, the bill was signed Tuesday by President Biden.

Not everyone's thrilled with the end result. The auto industry and ...Read more

Stefani Reynolds/AFP/Getty Images North America/TNS

Lowe's is giving $55 million in bonuses to hourly workers because of high inflation

Business / Business News /

Lowe’s store employees will soon see bonuses in their paychecks.

The home improvement retailer is giving $55 million in bonuses to its hourly workers in stores during this time of high inflation, Lowe’s CEO Marvin Ellison said Wednesday during the second quarter earnings report.

“These associates have the most important jobs in our ...Read more

Max Ortiz/The Detroit News/TNS

Dodge Challenger, Charger production is ending. Here's how to snag one

Business / Business News /

It's official: Dodge is ending production of the Challenger and Charger in their current form in December 2023 ahead of the launch of its all-electric muscle car in 2024.

To help customers who want one of the gas-powered vehicles with a "Last Call" underhood plaque, Stellantis NV's performance brand in October will have on its website the ...Read more

How data from period-tracking and pregnancy apps could be used to prosecute pregnant people

Business / Business News /

Many popular reproductive health apps are lacking when it comes to protecting users' data privacy, according to a new report highlighting the potential legal risk to people seeking an abortion.

After studying 20 of the most popular period-tracking and pregnancy-tracking apps, researchers from the nonprofit Mozilla Foundation found that 18 of ...Read more

Boom Supersonic/TNS/TNS

Thomas Black: Supersonic passenger jets are back? Not so fast

Business / Business News /

American Airlines Group Inc. just agreed to purchase 20 supersonic jets from Boom Supersonic that are designed to carry as many as 80 passengers. So, when will you be able to buy a ticket to fly at 1.7 times the speed of sound from New York to London and cut your travel time in half? Well, probably never.

Though the idea of commercial ...Read more

Angela Weiss/AFP/Getty Images North America/TNS

Elon Musk says he was joking about buying Manchester United

Business / Business News /

Elon Musk joked on Twitter about buying Manchester United Plc, letting 4 1/2 hours go by before clarifying he was kidding about purchasing the English football club listed on the New York Stock Exchange.

The Tesla Inc. chief executive officer and world’s richest person sent his initial missive about the storied club in a reply to an earlier ...Read more

Andrei Gabriel Stanescu/Dreamstime/TNS

Target misses lowest profit estimate, still predicts rebound

Business / Business News /

Target Corp.’s profit badly lagged behind Wall Street’s estimates in the second quarter, and the retailer ratcheted up the pressure on its fiscal second half by sticking with its forecast of a dramatic rebound in its results.

Adjusted earnings tumbled to 39 cents a share during the three months ending July 30, hit by an aggressive push to ...Read more

Christopher Reynolds/TNS/TNS

'Pent-up demand' for cruises: Bookings increase as COVID-19 testing requirements are loosened

Business / Business News /

A surge in cruise bookings on the day after Carnival Cruise Line announced that it was relaxing its COVID-19 testing requirements proves there’s a “pent-up demand” for cruising that has not yet been satisfied, the cruise line said Tuesday.

On Friday, Carnival announced it would no longer require vaccinated passengers to take a COVID-19 ...Read more

CNBC makes leadership change as business channel adapts

Business / Business News /

CNBC is getting a change in leadership as the parent company looks to integrate the cable channel more closely with NBC News.

The niche financial news channel announced Tuesday that Mark Hoffman, who has led CNBC since 2005, would be replaced by KC Sullivan, a sales executive at parent firm Comcast. The appointment could portend a new era for ...Read more

Stacey Wescott/Chicago Tribune/TNS

Biden administration forgives $3.9 billion in student loans at ITT Technical Institute

Business / Business News /

The Department of Education announced Tuesday that it was putting forward another round of loan cancellations for former students of a closed for-profit college.

The department is forgiving $3.9 billion for 208,000 students who attended ITT Technical Institute between Jan. 1, 2005 until it closed in September 2016.

When the school closed, it ...Read more

Courtesy Amazon Prime Video/LULR_102_STM-UHD-SDR-20210702.00_22_03_21.Still152/T

LulaRoe has faced complaints and lawsuits. Will CA plaintiffs follow through with their case?

Business / Business News /

Chris Jacobs is still trying to get rid of her LuLaRoe leggings.

Jacobs, a former seller of LuLaRoe products from Auburn, figured that the reason she had a hard time selling to her client base of mainly friends and family was because of the tacky prints she was being sent. Rather than give up on LuLaRoe, she decided to go to an in-person ...Read more

Dreamstime/Dreamstime/TNS

Amazon warehouse workers walked off the job in San Bernardino. Here's why

Business / Business News /

Warehouse workers at Amazon's largest air freight facility on the West Coast walked off the job Monday, demanding higher pay and relief from hot conditions they say are unsafe.

Organizers with a group called Inland Empire Amazon Workers United said in a Facebook post that 160 employees walked out at the San Bernardino International Airport ...Read more

MARK RALSTON/AFP/Getty Images North America/TNS

Michael Hiltzik: Keeping the Diablo Canyon nuclear plant open is a dangerous waste of effort and money

Business / Business News /

When it comes to resurrection stories, the Bible's Lazarus may have nothing on California's Diablo Canyon nuclear power plant.

The plant's two generating units, which went online in 1985 and 1986, lie within 20 miles of four active earthquake faults.

The faults were apparently unknown to the plant's owner, Pacific Gas & Electric, which ...Read more

Dreamstime/Dreamstimee/TNS

Walmart just signaled the end of the big-box bloodbath

Business / Business News /

The worst may be over for the big-box bloodbath.

On Tuesday, Walmart Inc. forecast that its earnings this year wouldn’t decline as much as it expected three weeks ago when it issued a profit warning. The Home Depot Inc. also reported record quarterly sales and profit, and maintained its guidance for the rest of its fiscal year.

After two ...Read more

Colorado's new pay transparency rules bring more jobseekers, but fewer online job postings

Business / Business News /

Colorado’s Equal Pay for Equal Work Act likely contributed to fewer online job postings in the state, especially for remote positions offered by national employers, while at the same time boosting the number of active jobseekers, according to a study from labor market research hub Recruitonomics.

“This version of what Colorado passed is the...Read more

The organized labor movement has a new ally: venture capitalists

Business / Business News /

The staff at PEN America made the announcement in June: They were forming a union.

Like their fellow workers at Starbucks stores and Amazon warehouses around the country, the employees of PEN, a literary and human rights nonprofit, decided to form an independent union, unaffiliated with any of the dozens of major labor unions across the country...Read more

Helen H. Richardson/The Denver Post/TNS

Minimum wage in Denver will increase next year to more than $17 per hour

Business / Business News /

The minimum wage in Denver will increase to $17.29 per hour beginning January 1, an annual adjustment based on the Consumer Price Index.

Denver will be among several dozen cities nationwide with minimum wages over $17 per hour, city officials said in a news release. The minimum wage for tipped food and beverage workers will be $14.27 per hour ...Read more

Phil Galewitz/Kaiser Health News/TNS

Community health centers' big profits raise questions about federal oversight

Business / Business News /

DARLINGTON, South Carolina — Just off the deserted town square, with its many boarded-up businesses, people lined up at the walk-up pharmacy window at Genesis Health Care, a federally funded clinic.

Drug sales provide the bulk of the revenue for Genesis, a nonprofit community health center treating about 11,000 mostly low-income patients in ...Read more

Joe Cavaretta/South Florida Sun Sentinel/TNS

Feds awarding $25 million safety grant for Florida's Brightline corridor

Business / Business News /

In a major initiative to cut down on deaths and injuries along Brightline’s rail corridor, the U.S. Government has allocated $25 million for safety improvements between Miami-Dade and Brevard counties, railroad and government officials announced Monday.

The money is helping to cover $45 million in measures that will include improvements at ...Read more