Business

/

ArcaMax

Jennifer Van Grove: Apple TV 4K: Save your money

Business / Business News /

Earlier this month, Apple promised an "incredible" TV experience. It delivered a snooze fest.

Starting at $179, the new Apple TV, dubbed the Apple TV 4K and available on Sept. 22, is an upgrade worth skipping.

Really, for that price, all you get is the fourth-generation Apple TV with support for super-high resolution content, aka 4K. Otherwise...Read more

Helpware: Making movies like the masters

Business / Business News /

When I bought my powerful new iMac, I had one task in mind: editing old home movies. Most are on ancient VHS tapes, needing to be digitized. Some digitizing devices, including One Touch Video Capture from Diamond Multimedia, which I bought online, cost less than $50. As I've explained in earlier columns, they work as a bridge between a VHS ...Read more

Lobbyists at 'DEFCON One' awaiting details of tax overhaul plan

Business / Business News /

WASHINGTON -- The National Association of Home Builders has already created ads to either support or oppose a U.S. tax-code overhaul, depending on how Congress and President Donald Trump propose to treat its favorite tax breaks.

"We're at DEFCON One," said Jerry Howard, president of the trade group that represents 140,000 builders. "But we're ...Read more

Amazon returns will soon be accepted at select Kohl's stores

Business / Business News /

MILWAUKEE -- Kohl's Corp. is continuing its partnership with e-retailer Amazon by offering to process returns on Amazon products starting in October, Kohl's announced Tuesday.

More than 80 stores in Chicago and Los Angeles will pack and ship eligible Amazon returns for free.

"We are thrilled to launch this unprecedented and innovative concept,...Read more

Walgreens to grow by 1,932 stores with Rite Aid deal

Business / Business News /

CHICAGO -- After years of trying, Walgreens Boots Alliance has received clearance from the Federal Trade Commission to expand its business through the purchase of 1,932 Rite Aid stores for $4.38 billion.

The FTC had long resisted a deal between Walgreens and competitor Rite Aid, forcing the two to revise terms of a transaction several times ...Read more

Facebook to be called before Senate panel on Russian meddling

Business / Business News /

WASHINGTON -- The Senate Intelligence Committee expects representatives of Facebook Inc. to testify at a public hearing examining Russia's use of social media to influence last year's U.S. presidential election.

The panel hasn't yet determined all of the issues that will be covered or invited company representatives, Chairman Richard Burr, R-N....Read more

In stark contrast to Obamacare plans, premiums for job-based coverage show modest rise

Business / Business News /

Family health insurance premiums rose an average 3 percent this year for people getting coverage through the workplace, the sixth consecutive year of small increases, according to a study released Tuesday.

The average total cost of family premiums was $18,764 for 2017, according to a survey of employers by the Kaiser Family Foundation and the ...Read more

Some airlines capping fares before Maria

Business / Business News /

MIAMI -- Taking a lesson from Hurricane Irma, Sen. Bill Nelson, D-Fla., is asking airlines to proactively limit the cost of their flights for travelers trying to get out of Hurricane Maria's path.

And airlines are agreeing.

On Monday, Nelson sent a letter to CEOs at 10 major U.S. airlines asking them to regulate the prices of their flights to ...Read more

Best Buy sees solid growth ahead in 2021

Business / Business News /

MINNEAPOLIS -- Best Buy Co. executives on Tuesday set "thoughtfully ambitious" financial targets for the next three years, expressing confidence that the turnaround strategy they started five years ago has positioned the company for growth.

With the forecast, they launched a half-day meeting with analysts and institutional investors at the ...Read more

Hurricane Irma damage could be as high as $65 billion

Business / Business News /

MIAMI -- Hurricane Irma's monstrous 185 mph winds seemed to be the biggest menace as the storm inexorably made its way toward Florida earlier this month.

But according to a study by the information company CoreLogic, flooding wreaked the costliest damage to homes and businesses in the storm's path.

According to the analysis, the total insured ...Read more

Toys R Us files for bankruptcy protection as the holiday shopping season nears

Business / Business News /

Toys R Us Inc. has filed for bankruptcy reorganization, a victim of the sea change in retailing and the company's own heavy debt burden, but said it would continue to operate as usual heading into the crucial holiday shopping season.

With its spacious, high-ceiling stores that hold thousands of items, Toys R Us pioneered the big-box format for ...Read more

What exactly a giant like Nestle gets when it buys an upstart like Blue Bottle

Business / Business News /

Big companies are good at lots of things. Managing complex supply chains. Buying in bulk to get the lowest prices from suppliers. Getting products on lots of store shelves and in front of lots of consumers.

But they're not good at everything. Like being cool.

Which is why, over the past few years, big brands have gone on a buying spree, ...Read more

Mayo Clinic offers first aid assistance via Amazon's Alexa digital assistant

Business / Business News /

MINNEAPOLIS -- Alexa, forget my grocery list and morning traffic reports. Tell me about CPR.

Alexa, Amazon's voice-activated digital assistant for the home, has learned a new skill -- dispensing medical information about first aid from one of the best-known names in medicine, Minnesota's Mayo Clinic.

The information is accessible by speaking ...Read more

Cargill gets praise for recruiting and supporting military vets and reservists

Business / Business News /

MINNEAPOLIS -- Traci Earls had a problem. She had been promoted to lieutenant colonel in the Kansas National Guard and needed to participate in a war fighter exercise at the same time she was being groomed to be general manager of a Cargill protein processing plant near Milwaukee.

Earls went to her civilian boss. "I feel bad that I have to be ...Read more

Trump's deadline on 'Dreamers' reverberates through health industries

Business / Business News /

Karla Ornelas said she has "always had the idea of being a doctor, I've never seen myself doing anything else." The third-year pre-medical student at the University of California, Davis said she plans to become a family medicine physician and work in California's Central Valley, where there is a great need for doctors and especially bilingual ...Read more

Your Office Coach: After dustup with boss, start from scratch or move on

Business / Business News /

Q: I recently got a new boss who is difficult and obnoxious. In my eight years with this company, "Carol" is the worst supervisor I have had. Ever since she arrived, she has treated me unfairly and underestimated my abilities.

After working with Carol for two weeks, I complained to human resources. At that time, I was going through a lot and ...Read more

Liz Reyer: Expanding business wants to stay unified as it grows

Business / Business News /

Q: I've been growing a small business, and we're getting larger now, adding new locations and expanding the team. So far, we've all been based in the same office, but now I have to consider how to remain unified when some people work from home, and others have offices in different cities. What's the best strategy for us?

--Monique, 47, owner, ...Read more

Gov. Scott Walker signs $3 billion Wisconsin Foxconn bill and promises spring groundbreaking

Business / Business News /

STURTEVANT, Wis. -- Wisconsin Gov. Scott Walker Monday approved up to $3 billion in subsidies for a flat screen plant, binding the state's economic hopes and his own political future to the investment proposed by an Asian electronics giant.

The signing of the legislation clears the way for the Walker administration and Foxconn Technology Group ...Read more

Dollar Tree names new CEO

Business / Business News /

CHARLOTTE, N.C. -- Dollar Tree, the parent company of Family Dollar, has named Gary Philbin as its new CEO. Philbin will maintain an office in suburban Charlotte, where Family Dollar is based, and will split his time between there and Chesapeake, Va., where Dollar Tree has its corporate headquarters.

Philbin's promotion is effective Sept. 18, ...Read more

Suit: Tesla, other automakers used illegal foreign workers to build plants

Business / Business News /

SAN JOSE, Calif. -- Widening earlier claims of immigration fraud at a Tesla factory, a recently unsealed whistleblower suit says several other major automakers, including Mercedes-Benz, BMW and Volkswagen, illegally used foreign construction workers to build their U.S. factories.

The charges expand on an investigation by The Mercury News last ...Read more