Pilots of fatal Lion Air flight may have been befuddled by safety system designed to prevent fatal errors

Business / Business News /

Moments after taking off from Jakarta, the pilots flying Lion Air 610 realized they were losing control of their 737 Max jetliner, the newest, most fuel-efficient and most automated model of Boeing's mainstay aircraft.

The jetliner's nose unexpectedly pointed down, sending it into a series of 26 dives at less than 5,000 feet. Toward the end, ...Read more

The stock market's severe drop could be an ominous sign

Business / Business News /

Last week, it felt like the bottom dropped out of the stock market.

The blue-chip Dow Jones industrial average fell 4.5 percent for the week, ending with a 559-point rout Friday that left the index in negative territory for the year.

The benchmark Standard & Poor's 500-stock index has fallen into a "correction," meaning it's off more than 10 ...Read more

China summons US ambassador over arrest of Huawei CFO

Business / Business News /

WASHINGTON –– China's vice foreign minister has summoned the U.S. ambassador to China, Terry Branstad, in a protest over the arrest of Huawei Technologies Co. Chief Financial Officer Meng Wanzhou, and said it will take "further action" if needed.

Meng was arrested in Vancouver Dec. 1 on the orders of U.S. authorities for allegedly violating...Read more

Mexican president's first week widens divide between markets and his fans

Business / Business News /

MEXICO CITY –– Andres Manuel Lopez Obrador sailed into power with overwhelming support from Mexicans embracing his promises to fight crime and corruption. But the headlines in his first week as president were dominated by airport bonds.

Lopez Obrador's plan to cancel a $13 billion airport project sparked concern that his government would ...Read more

Huawei exec faces fraud charges in US over Iran dealings

Business / Business News /

MONTREAL -- U.S. officials are seeking to extradite Huawei Chief Financial Officer Meng Wanzhou over fraud offences relating to allegations the company breached US sanctions on Iran, Canadian prosecutors told a bail hearing in Vancouver, Canada, on Friday.

Meng, 46, who is also deputy chair of the telecommunications giant's board and the ...Read more

'Aggressive hiring' and other changes ahead for Lowe's, CEO says

Business / Business News /

It has been a year of transformation for Lowe's, whose new CEO has taken major steps to improve the company's financial health, from closing stores to replacing executives. Now Marvin Ellison, who took over the home-improvement retailer in July, says more change is coming, including growing its headquarters in Mooresville, N.C.

In an Observer ...Read more

Jury finds Monster Energy drink didn't cause Texas man's heart attack

Business / Business News /

A Riverside County jury has found that the maker of Monster Energy drinks was not responsible for a Texas teenager's debilitating heart attack, the latest legal victory for the company, which has been the target of numerous product-liability lawsuits.

Cody Bledsoe sued Corona-based Monster Beverage Corp. in 2014, saying the company's energy ...Read more

US move to restrict immigrants' healthcare access would hit California's economy, study says

Business / Business News /

Rules that could give immigrants reason to avoid enrolling in health safety-net programs would deliver a blow to California's economy, costing the state thousands of jobs and billions of dollars in economic output, a new study concluded.

Under the rules proposed by the U.S. Homeland Security Department, immigrants who enroll themselves or their...Read more

Double amputee war veteran pushes airlines to report on lost and damaged wheelchairs

Business / Business News /

U.S. Sen. Tammy Duckworth was serving in Iraq when the Black Hawk helicopter she was co-piloting was shot down in 2004. She sustained massive injuries in the crash, forcing doctors to amputate both legs.

Since then, Duckworth, D-Ill., has been peeved that airlines have broken two of her wheelchairs and lost numerous parts of other wheelchairs. ...Read more

As wildfires drive insurance premiums up, will homeowners be able to keep up?

Business / Business News /

At first, Lucy Reynolds was unnerved by the non-renewal notice from the insurance company two years ago.

Mortgaged homes must have coverage so Reynolds and her husband needed to find a replacement, quick. She was turned down by her neighbor's carrier and an insurance agent spent a week looking for ways to cover their ranch-style home in the ...Read more

On the edge of town, Walmart floats 'Town Center' retail concept

Business / Business News /

Big-box retail giant Walmart, long despised by Main Street small businesses for luring their customers to the superstore on the edge of town, is now attempting to bring town-center amenities to its sprawling parking lots in two Washington locations and elsewhere.

On a website devoted to its "Town Center" retail concept, Walmart lists four ...Read more

Microsoft calls for regulations to control, restrict facial-recognition technology

Business / Business News /

Microsoft President Brad Smith paints an Orwellian picture of the future in his latest call for government regulation of facial-recognition technology.

Smart camera systems could follow us anywhere, tracking our whereabouts and activities for companies and governments to scrutinize.

"It could follow anyone anywhere, or for that matter, ...Read more

CBS paid millions to settle sexual assault allegation against '60 Minutes' creator

Business / Business News /

CBS is still being haunted by the past of "60 Minutes."

The company has been paying a former female CBS News employee millions of dollars over the last 20 years to settle claims that she was sexually assaulted by "60 Minutes" creator Don Hewitt, according to an investigative report.

The incident happened in the late 1990s when Hewitt was still...Read more

US hiring slows to 155,000 jobs in November

Business / Business News /

WASHINGTON -- Job growth slowed significantly in November but still was solid, indicating the economy remains in good shape but not expanding so quickly that it will lead to sharply higher interest rates.

U.S. employers added 155,000 jobs last month, well below analyst expectations and a steep decline from October's strong 237,000 figure, the ...Read more

Under the Hood: Fixing conductive stripes in defogger system

Business / Business News /

Q: My rear window has a strip of glass that doesn't defrost like the rest of the window. It bugs me because it's right in my view behind the car. What can be done to fix this?

--Irlinda M.

A: It sounds like one of the slender printed conductive stripes on your rear glass has been scratched, severing its electrical conductivity. It's possible, ...Read more

H-1B rule change unveiled: Proposal to benefit advanced degree holders

Business / Business News /

The Trump Administration has unveiled its proposed changes to the H-1B visa lottery, which would favor applicants with more advanced degrees and change the application process for companies seeking skilled foreign workers.

The rule change, published this week in the federal register, comes on the heels of President Donald Trump's 2017 "Buy ...Read more

Consumer Confidential: Corporations are not people too. Seriously, don't kid yourself

Business / Business News /

Corporations are not people too. They care first and foremost about making money (not that there's anything wrong with that).

But perhaps I spoke too soon when I said recently that the notion of "corporate values" is little more than propaganda.

A report out this week from the consulting firm Accenture found that nearly two-thirds of about 30,...Read more

Ford Shelby Mustang GT 500 will get 3D-printed brackets for brake lines

Business / Business News /

Small black brackets such as the one in Harold Sears' hand on Tuesday will find their way onto the 2019 Ford Shelby Mustang GT 500.

The bracket, and how it was created, rather than the car itself, which will be shown in January at the North American International Auto Show in Detroit, was part of the reason Sears was talking to a group of ...Read more

Vehicle infotainment systems are awful. That's why Volvo is handing the job to Google

Business / Business News /

As the years go by, it gets harder to tell one car brand from another. Optimal aerodynamic design produces similar shapes. Engine technology is highly reliable and advanced in ways that most consumers don't understand, or don't care to understand. For automakers, finding ways to differentiate their products is harder and more important than ever...Read more

Auto review: 2019 Ford Mustang Bullitt: Better, faster, more

Business / Business News /

Of the more than 100 new vehicles I've driven this year, the 2019 Ford Mustang Bullitt might be my favorite. I wish I could leave it at that, then channel some Steve McQueen icy blue stare and you'd just accept its greatness as truth and we could all do our own high-speed stunts while chasing two hit men in a Dodge Charger on the hills in and ...Read more

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