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Dreamstime/Dreamstime/TNS

GM tells white-collar employees to return to office 3 days a week

Business / Business News /

General Motors Co. white-collar employees will be expected to return to the office three days a week later this year, the company said Friday.

A specific timeframe for when employees will begin work under the new system was not released. The move comes after GM last year introduced a "Work Appropriately" model that gave GM teams the flexibility...Read more

Qualcomm/Qualcomm/TNS

Qualcomm gains traction with automakers as order backlog swells to $30 billion

Business / Business News /

Qualcomm has long sought to gain traction with automakers as an avenue toward diversifying its business beyond the maturing smartphone market.

This week, the mobile technology firm — and San Diego's largest publicly traded company — laid out the milestones of its efforts so far, including a pipeline of orders from car makers that's reached ...Read more

Ray Chavez/Bay Area News Group/TNS

California gas is 'out of whack' – nearly $2 more than national average

Business / Business News /

California has long been known as the country’s priciest place to fill up your tank, but these days the Golden State is “completely out of whack.”

As gas prices plummeted around the nation in recent weeks, California’s price at the pump has rebounded with a vengeance to an average of $5.58 a gallon.

That’s $1.89 more than the ...Read more

Foil balloons can take down power lines. California just passed a law to phase them out

Business / Business News /

It's all fun and games until the power line blows up.

Foil balloons commonly festooned at celebratory events such as birthdays and graduations inadvertently cause thousands of power outages. The shiny, metallic exterior of the balloons, such as Mylar, are electrically conductive and if they float into and get tangled in power lines, they can ...Read more

Could we be heading toward a global recession?

Business / Business News /

It's been a rough couple of weeks on the stock market, ending recently with a warning from FedEX about a downturn in the global economy that sent shares tumbling.

FedEx CEO Raj Subramaniam said on CNBC that he believed a recession was impending for the global economy. He cited the company's weakening global shipment volumes as a reason for his ...Read more

Justin Sullivan/Getty Images North America/TNS

Saturday is the last day for Illinois residents to claim a cut of $100 million Google Photos privacy settlement

Business / Business News /

Illinois residents have until Saturday to submit claims for their cut of a $100 million class-action settlement reached this spring in a lawsuit against Google over alleged violations of the state’s biometric privacy law.

Anyone who appeared in a photo on Google Photos between May 1, 2015, and April 25, 2022, while they were an Illinois ...Read more

Philadelphia tech salaries see biggest jump in the US, growing faster than Silicon Valley

Business / Business News /

Technology job paychecks grew fastest in Philadelphia this year, according to a new survey of employers and workers by Hired.com.

Philadelphia posted the largest growth in average local tech salaries — a nearly 12% increase from $127,000 in 2021 to $142,000 in 2022 — compared with 15 other large U.S. metro areas, including Silicon Valley....Read more

A resurgent bird flu is wiping out egg, turkey supplies across America

Business / Business News /

Turkeys are selling for record high prices ahead of the Thanksgiving holiday as a resurgence of bird flu wipes out supplies across the U.S.

Avian influenza is devastating egg and turkey operations in the heartland of the country. If just one bird gets it, the entire flock is culled in order to stop the spread. Millions of hens and turkeys have ...Read more

General Motors invests $760 million for EV-related work at Toledo transmission plant

Business / Business News /

General Motors Co. is investing $760 million at its Toledo Propulsion Systems plant for the production of drive units that will be used for future battery electric trucks, including the Chevrolet Silverado EV, GMC Sierra EV and GMC Hummer EVs, the company said Friday.

The Ohio factory is the first of GM's U.S. powertrain or propulsion-related ...Read more

Justin Sullivan/Getty Images North America/TNS

Michael Hiltzik: The fast-food industry gears up to kill another pro-worker state law

Business / Business News /

Political PR and advertising firms in California are going to owe Gov. Gavin Newsom a huge favor. That's because by signing the so-called Fast Recovery Act on Sept. 5, he opened the door to what could be hundreds of millions of dollars in spending by fast-food companies to kill it.

The act — formally the Fast Food Accountability and Standards...Read more

Mark Mainz/Getty Images North America/TNS

Mary McNamara: Ms. Magazine helped millions become feminists. Its workplace helped me become an adult

Business / Business News /

Ms. Magazine recently celebrated its 50th anniversary with a party in New York, and as a former staff member I was invited to attend. I went not knowing quite what to expect.

It's a complicated moment for women's rights. The term "feminist" is no longer as contentious as it once was, but recent events, including the exposure of systemic sexual ...Read more

Yuri Gripas/Abaca Press/TNS

It's every nation for itself as dollar batters global currencies

Business / Business News /

Nations are being forced to go it alone in erecting defenses against the relentless strength of the almighty greenback, with no sign that governments are willing to act in concert.

Fueled by hawkish Federal Reserve policy, U.S. economic strength and investors in search of a haven from market swoons, the greenback is surging relentlessly against...Read more

Bill Pugliano/Getty Images North America/TNS

Joe Biden's climate bill has the US battery industry revved up

Business / Business News /

While Joe Biden was busy throttling the latest Corvette with car executives at the Detroit auto show last week, much of the rest of the industry filed into a jam-packed convention center about 30 miles west for a forum the president also managed to rev up.

The Battery Show saw its biggest attendance yet: 15,000 people, up 64% from last year and...Read more

Airfares hit highest level in years despite falling fuel prices

Business / Business News /

LOS ANGELES — Jet fuel prices have been dropping dramatically since May, and the nation's airlines now have more workers on staff than before the pandemic.

So Americans preparing for Thanksgiving and Christmas travel should expect lower airfares and fewer delays and cancellations, right?

Don't get your hopes up.

Ticket prices for domestic ...Read more

Lexus/TNS/TNS

Auto review: Updated Lexus RX is a plush tourer for those not in a hurry

Business / Business News /

Everyone everywhere is constantly telling you what to do. It’s a constant when growing up, and it continues once you’re older, as advertising tells you what to drink, smoke or wear. Your clergyman tells you when you’re sinful. Even your pet tells you to feed it, usually by barking or meowing.

And now, cars have joined this cantankerous ...Read more

Walt Disney Co./Walt Disney Co./TNS

Disney's 'blue sky' ideas keep fans guessing on parks' plans

Business / Business News /

Sometime in the next decade, Disney World visitors could venture into Maleficent’s castle or sit down for a meal in the village of Santa Cecilia from Pixar’s 2017 film “Coco” — but Disney could also scrap plans long before the first guest sets foot inside.

In an unusual move for the company, Disney executives pitched early-concept, or...Read more

Henry Payne/The Detroit News/TNS

Auto review: New Honda HR-V is stylish, roomy and fun. Until you put your foot into it

Business / Business News /

SUMMIT POINT, West Virginia — Powered by a 1.5-liter Honda Fit engine, the F1600 class is one of my favorite open-wheel, so-called “Formula” racing classes. It’s a showcase for relentless wheel-to-wheel driving, some of the country’s best up-and-coming teenage drivers on the Road to Indy — and for Honda’s reliable engine technology...Read more

The Week Ahead: Fast-cooling inflation is not a slam dunk

Business / Business News /

For financial nerds, the Big Three are not LeBron James, Dwayne Wade and Chris Bosh of the NBA’s Miami Heat circa 2012. The Big Three of inflation are not nearly as flashy, but they are the stars dominating the field.

Rent, home ownership costs and eating out are what the Federal Reserve Bank of Dallas refer to as the Big Three of inflation. ...Read more

On summer's hottest days, Amazon workers brought their own thermometers

Business / Business News /

As California prepared for what would be a record-setting heat wave this month, so too did workers at an Amazon air freight hub in San Bernardino.

They distributed among a dozen colleagues handheld thermometers to covertly document workplace temperatures, then compiled the results in a first-of-its kind report about conditions at Amazon during ...Read more

Yuri Gripas/Abaca Press/TNS

Jonathan Levin: Fed splits the difference on labor market pain

Business / Business News /

The Federal Reserve is inching toward acknowledging how painful its inflation fight is likely to be, but it’s still a lot closer to the optimists than the pessimists.

On a day when it raised interest rates by 0.75 percentage point to a range of 3% to 3.25%, the Fed also released economic projections showing that its median forecast for ...Read more