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UPS to add new electric delivery trucks to fleet

Business / Business News /

ATLANTA -- UPS plans to deploy 50 electric delivery trucks as part of its fleet of brown vehicles, a move it expects could give a boost to adoption of electric vehicles across the industry.

UPS in its Thursday announcement said the trucks – which it is partnering with electric vehicle manufacturer Workhorse Group Inc. to design -- will be ...Read more

Elon Musk slammed by Stanford gender researcher for space patriarchy

Business / Business News /

Tesla and SpaceX CEO Elon Musk wants to grab Mars like President Donald Trump reportedly grabbed -- well, you know.

That's according to Marcie Bianco, editorial and communications manager at Stanford University's Clayman Institute for Gender Research.

Musk, you may remember, recently launched a Tesla Roadster into orbit around the sun aboard a...Read more

Goldman has a $500 million army of little guys to buff its image

Business / Business News /

NEW YORK -- No one would mistake them for typical Goldman Sachs clients. Marcus Moore runs a staffing firm. Jessica Johnson-Cope places security guards and rents out drug-sniffing dogs. J.R. Foster helps companies maintain their offices and buildings.

Yet just last week, those three and thousands of other small business owners descended on the ...Read more

Grocers sounded out on trump administration's 'harvest box' plan

Business / Business News /

WASHINGTON -- The Agriculture Department has begun talking with grocery retailers about their potential role in a proposal to replace some food-stamp allocations with prepackaged boxes of groceries, Secretary Sonny Perdue said.

Grocers are already adding services such as food delivery that the so-called Harvest Box would require, Perdue told ...Read more

Ford replaces ousted president of North America operations

Business / Business News /

DETROIT -- Ford Motor Co. named Kumar Galhotra the new president of Ford North America on Thursday, hours after Raj Nair abruptly exited the role amid acknowledgement of "inappropriate behavior" after 30 years with the iconic automaker.

While the shakeup shocked the investor community and stunned employees, Ford officials said Thursday the ...Read more

SpaceX launch brings Elon Musk's broadband-internet satellite plan closer to reality

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LOS ANGELES -- SpaceX is one step closer to providing low-cost broadband internet access after launching the first two demonstration satellites for its planned satellite constellation Thursday morning.

The two demonstration satellites, known as Microsat-2a and Microsat-2b, were the secondary payload on Thursday's Falcon 9 mission, which ...Read more

Food truck owner hopes to take fight against Chicago to Illinois Supreme Court

Business / Business News /

CHICAGO -- A cupcake food truck owner who believes Chicago's regulations -- including a rule requiring mobile vendors stay at least 200 feet away from bricks-and-mortar restaurants -- are unconstitutional is asking the Illinois Supreme Court to take up her lawsuit.

If the state Supreme Court obliges, it will be the next step in a lengthy legal ...Read more

Minneapolis threatens $500 fines to unlicensed Airbnbs

Business / Business News /

MINNEAPOLIS -- The city of Minneapolis is threatening to impose $500 fines on property owners who list their homes on sites such as Airbnb without paying for a municipal license.

The City Council passed an ordinance in October regulating Airbnb and other short-term rentals. The rules require people who rent out their homes and the online ...Read more

Google fired disabled, transgender man for opposing his co-workers' bigotry and white supremacy, lawsuit alleges

Business / Business News /

MOUNTAIN VIEW, Calif. -- Google fired a disabled, queer, transgender engineer for opposing discrimination, harassment and white supremacy among his fellow Googlers, a lawsuit filed Wednesday alleged.

The site reliability engineer, Tim Chevalier, claimed in the suit that the Mountain View tech giant's workplace culture was discriminatory toward ...Read more

Chase glitch that let customers see others' bank accounts now fixed, bank says

Business / Business News /

CHICAGO -- For more than two hours Wednesday night, some Chase Bank customers logged into their online bank accounts and instead saw another person's balances.

The technological glitch -- which lasted "sporadically" from 5:30 p.m. to 8 p.m. Central time -- was resolved later Wednesday night, according to Chase Bank spokeswoman Trish Wexler.

...Read more

Indictments reveal how Russia taps digital tools to stir up discord in US

Business / Business News /

Russia has been trolling the United States for decades.

It bankrolled American authors who claimed Lee Harvey Oswald assassinated President John F. Kennedy under the direction of the FBI and CIA; it planted articles arguing Martin Luther King Jr. was not radical enough; and it spread a conspiracy theory that the U.S. manufactured the AIDS virus...Read more

Scripps Research stroke drug shows effectiveness, safety

Business / Business News /

A stroke drug invented at The Scripps Research Institute has shown signs of safety and efficacy in a mid-stage clinical trial. If it succeeds, it would not only help stroke patients, but bring more money to TSRI's top-rated biomedical research.

The drug is designed to improve the usefulness of tPA, a popular stroke drug. Called 3K3A-APC, the ...Read more

Anti-Amazon ads ask: 'Does this look like a company that needs taxpayer cash?'

Business / Business News /

RALEIGH, N.C. -- A national organization for conservative millennials is launching a digital ad campaign opposing financial incentives in North Carolina and the other 19 U.S. states that are finalists to land Amazon's second headquarters.

Generation Opportunity advocates for free markets and economic policies that benefit their membership of 18...Read more

Seattle rents for offices soaring much faster than elsewhere

Business / Business News /

SEATTLE -- It's not just housing prices: Seattle is not the bargain it used to be for companies, either.

Historically, the city was a cheaper place to rent office space than a lot of other cities with advanced economies. That held true through last decade's economic upswing, and during the recession.

But the city's recent boom driven by Amazon...Read more

Agriculture Secretary Sonny Perdue gets grounded in California

Business / Business News /

"You might already know this ...," Central Valley farmer Sarah Woolf offered politely, before launching on a primer on California's convoluted water system.

"No, I don't," Sonny Perdue, Trump's secretary of Agriculture, interrupted. "I need all the education I can get."

Nervous laughter filled the Harris-Woolf California Almonds processing ...Read more

Baltimore businesses grapple with five-year rise in commercial robberies

Business / Business News /

BALTIMORE -- Jalina Thompson hardly noticed the two customers who walked into her Metro PCS store in Northeast Baltimore in January with their hoods pulled tight. Temperatures in the city had been frigid for days.

Then one of the men placed a gun on the counter and demanded cash.

"This is real," he said. "I need you to move fast."

While the ...Read more

Brad Keywell's Uptake brings in GE Power executive to help lead the data mining startup

Business / Business News /

CHICAGO -- Uptake Technologies is bringing in a former General Electric executive to serve as president of the data analytics startup.

Ganesh Bell, who served as chief digital officer at GE Power, starts in his new role at Uptake on Monday, spokeswoman Abby Hunt said. Bell will report to CEO and co-founder Brad Keywell and will be responsible ...Read more

White House signals new trade deals must help those left behind

Business / Business News /

WASHINGTON -- The White House signaled President Donald Trump will pay close attention to the fate of workers left behind by globalization as a new benchmark for negotiating trade deals around the world.

While trade may be good for America, it hasn't necessarily helped all Americans, the White House Council of Economic Advisers said Wednesday ...Read more

Sinclair Broadcast will sell WGN-TV, New York station in bid to buy Tribune Media

Business / Business News /

Sinclair Broadcast Group plans to sell Chicago's WGN-TV and stations in New York and nine smaller markets to win federal approval of its proposed $3.9 billion takeover of Tribune Media.

The Hunt Valley, Md.-based broadcaster outlined steps it will take to comply with national TV station ownership rules in a plan filed Wednesday with the Federal...Read more

Ford North America President Raj Nair out for unspecified inappropriate behav

Business / Business News /

DETROIT -- Raj Nair, one of the first promotions made by new Ford CEO Jim Hackett, left the company Wednesday afternoon, effective immediately, amid an admission of "inappropriate behavior."

"I sincerely regret that there have been instances where I have not exhibited leadership behaviors consistent with the principles that the company and I ...Read more