Business

/

ArcaMax

Dreamstime/Dreamstime/TNS

The private sector steps in to protect online health privacy, but critics say it can't be trusted

Business / Business News /

Most people have at least a vague sense that someone somewhere is doing mischief with the data footprints created by their online activities: Maybe their use of an app is allowing that company to build a profile of their habits, or maybe they keep getting followed by creepy ads.

It’s more than a feeling. Many companies in the health tech ...Read more

Kent Nishimura/Los Angeles Times/TNS

California will test digital driver's licenses. Is personal info at risk?

Business / Business News /

Are Californians ready for yet another new version of the driver's license?

The last one — called "Real ID" — went over about as well as CNN+. As of April, less than half of the state's drivers had obtained one, even though Californians will need a Real ID or a passport to get on a plane or enter a federal building in a year. The tepid ...Read more

Dai Sugano/Bay Area News Group/TNS

Hybrid work in the Bay Area: Data suggests region nearing its 'new normal'

Business / Business News /

SAN JOSE, California — Caroline Mills now goes into her San Jose office at accounting giant Ernst & Young whenever her team agrees they want to — and sometimes when the company puts on the Wednesday happy hour featuring beer, wine and Asian-fusion food-truck treats. That weekly grub-and-gab session did not exist before the pandemic, nor was ...Read more

Jim West/Zuma Press/TNS

UAW official warns 'we can't assume' electric vehicles will bring good jobs

Business / Business News /

The auto industry is barreling toward electrification. That can be an exciting opportunity or a threat to working people, United Auto Workers Vice President Cindy Estrada said Tuesday.

"We can't assume these are going to be good jobs," Estrada warned during a panel hosted by the left-leaning Center for American Progress. "Because we can assume...Read more

Ellen M. Banner/Seattle Times/TNS

Nearly 1 in 5 Amazon delivery drivers get hurt on the job each year, new report says

Business / Business News /

One in five delivery drivers working for Amazon was injured on the job in 2021, a new report says.

The same report, released Tuesday by a coalition of labor unions, found 1 in 7 was injured so severely they had to either change their job or take time off following an injury.

"Amazon's delivery quotas and production pressure are contributing to...Read more

Pennsylvania power prices are rising on June 1 by up to 46%. There are ways to save

Business / Business News /

Rising energy costs are about to hit home for most Pennsylvania electric customers.

The state's largest electric utilities are poised to pass along significant price increases from power generators on June 1. Energy charges, which make up about half of a typical residential electric bill, are set to climb as much as 46% in some parts of the ...Read more

Mikhail Tereshchenko/TASS/Zuma Press/TNS

Glencore pleads guilty to settle sprawling graft probes

Business / Business News /

Glencore Plc units agreed to plead guilty to charges including bribery and price manipulation as part of a sweeping settlement with authorities in the U.S., UK and Brazil to settle long-running corruption probes that have hung over the commodities giant for years.

Glencore expects the total penalties will be roughly in line with the $1.5 ...Read more

Xinhua/Zuma Press/TNS

Tesla resumes plunge as fears of slow production weigh on stock

Business / Business News /

Tesla Inc. is struggling Tuesday as the electric-vehicle maker’s production woes in China refuse to go away, leading another analyst to slash their 12-month price target on the once high-flying stock.

“With about 13,000 units of production per week and higher than average margins, any production loss at Shanghai is bound to have a ...Read more

Max Ortiz/The Detroit News/TNS

Stellantis, Samsung SDI will invest $2.5 billion for battery plant in Indiana

Business / Business News /

Jeep maker Stellantis NV and a South Korean battery manufacturer will invest at least $2.5 billion for an electric-vehicle battery plant in Kokomo, Indiana, creating 1,400 jobs, the companies said on Tuesday.

The facility being made in a joint venture with Samsung SDI will have an initial annual production capacity of 23 gigawatt hours, though ...Read more

Rich Fury/Getty Images North America/TNS

Why free streaming channels like Pluto TV and Tubi have viewers watching commercials again

Business / Business News /

There’s a new hot buzzword in the streaming video business — it’s spelled f-r-e-e.

While Netflix is reeling over subscriber losses due to increased competition and consumer sensitivity to inflation, free, ad-supported streaming services are on the rise, offering thousands of programs and films in every genre and hundreds of channels at no...Read more

Jason Nark/The Philadelphia Inquirer/TNS

Two towns in rural Pennsylvania are giving remote workers free housing for a month, in the hopes they'll stay longer

Business / Business News /

BELLEFONTE, Pennsylvania — When the COVID-19 pandemic swept through Central Florida and workers settled in, remotely, at their kitchen tables or makeshift offices, Lauren Beal began to think of this walkable town she loved in rural Pennsylvania.

Beal, 36, recalled the bucolic park, the surrounding hills, its coffee shops and restaurants, and ...Read more

Francine Orr/Los Angeles Times/TNS

These five workers left restaurant jobs in the pandemic. Where are they now?

Business / Business News /

A bar director in the restaurant business for three decades quit after a customer spat on her mask.

A server seeking stability for his family found a new job as a high school English teacher.

A chef forced to reorient after reaching "life fulfillment" in a luxurious restaurant found an unexpected upside in office work.

These workers left ...Read more

Dreamstime/Dreamstime/TNS

Student loan forgiveness unlikely to boost the economy

Business / Business News /

The Biden administration has been considering a plan to cancel at least $10,000 of federal student-loan debt. President Biden promised something of the sort during the 2020 presidential campaign. And with about 45 million current and former students carrying $1.76 trillion in debt, some sort of debt forgiveness is appealing both as policy and as...Read more

Rob Wilson/Dreamstime/Dreamstime/TNS

Slowing demand, higher costs put the squeeze on Best Buy

Business / Business News /

Best Buy Co. turned in mixed results on diminished expectations for the spring quarter, squeezed by slowing sales and growing costs. Executives lowered their outlook for the rest of the year.

Best Buy executives and analysts had anticipated a decline in the February-through-April period. Its sales beat analysts' expectations, but inflation and ...Read more

Fabrizio Gandolfo/SOPA Images/Zuma Press/TNS

Boeing gears up to renew its safety culture after two 737 Max crashes

Business / Business News /

In response to the two deadly 737 Max crashes, Boeing's Chief Aerospace Safety Officer Mike Delaney on Monday outlined how — beyond specific changes to its design practices and its manufacturing operations — the company's leadership aims to rebuild and improve its entire safety culture.

Delaney said the new safety program he leads will ...Read more

Piotr Swat/Dreamstime/TNS

Battle over Bandcamp: In Epic Games v. Google, Epic achieves conditional app store win

Business / Business News /

RALEIGH, N.C. — Cary-based Epic Games and Google have reached a temporary armistice in their ongoing legal battle over Bandcamp — a digital music store known for its eclectic selection and direct-to-artist payment system.

Epic Games, the company behind popular video games such as Fortnite and Rocket League, acquired Bandcamp in March. Epic ...Read more

K.C. Alfred/The San Diego Union-Tribune/TNS

Will a $15.50 minimum wage hurt or help California's economy?

Business / Business News /

California's minimum wage is likely to rise to $15.50 an hour in January because of inflation, said Gov. Gavin Newsom on Thursday.

Some business leaders have argued they are struggling with rising costs and can't handle another 50 cents an hour. Worker advocates say the increase is needed to combat rising prices. Other advocates argue the ...Read more

Robyn Beck/AFP/Getty Images North America/TNS

After billion-dollar acquisition of MGM, Amazon inherits a foe: Starz

Business / Business News /

Two years into a lawsuit involving premium cable network Starz and entertainment giant MGM, a new player has entered the game: Amazon.

In March 2022, Amazon completed a $8.5 billion acquisition of MGM, a storied movie studio and one of Hollywood's biggest players. More than 4,000 films and 17,000 TV shows owned by MGM will be available on ...Read more

Ford/Ford/TNS

Henry Payne: How Ford aims to change your truck, electric bill and generator

Business / Business News /

San Antonio — Ford birthed its electric vehicle program in late 2017. It’s no coincidence the date dovetailed with first deliveries of the Tesla Model 3.

The Silicon Valley startup had changed the electric game with its $40,000, 220-mile range electric sedan. Delivered less than two years since it was first introduced by CEO Elon Musk in ...Read more

Hyundai electric vehicle factory to be built in Georgia

Business / Business News /

ELLABELL, Ga. — South Korean automotive giant Hyundai Motor Group on Friday confirmed plans to build a multi-billion-dollar electric vehicle assembly and battery plant in Bryan County near the Georgia coast.

In a ceremony at the factory site near Savannah with Gov. Brian Kemp, company officials outlined sprawling future operations on nearly 3...Read more