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Microsoft's GitHub offers companies souped-up AI coding tool

Business / Business News /

Microsoft Corp.’s GitHub is releasing a pricier paid version of its artificial intelligence software development tool that can answer questions based on a company’s own programming code, a feature designed to help new engineers get up to speed and enable veteran coders to work faster.

GitHub, which lets programmers collaborate on coding ...Read more

Andrew Caballero-Reynolds/AFP/Getty Images North America/TNS

Majority of workers at Mercedes plant in Alabama sign UAW authorization cards

Business / Business News /

A majority of workers at Mercedes-Benz's largest plant in the United States have signed authorization cards for United Auto Workers representation, the union said on Tuesday.

The milestone comes less than seven weeks since the Detroit-based union hit the 30% milestone at the plant in Vance, Alabama, outside Tuscaloosa. Securing a majority of ...Read more

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Macy's to close another 150 stores

Business / Business News /

Macy’s announced Tuesday it will be closing 150 stores, representing about 30% of the department store’s brick-and-mortar locations.

The “underproductive” stores will be shut down over the next three years, starting with 50 by the end of 2024 and the other 100 in the following years. By 2026, there will only be 350 Macy’s locations, ...Read more

John J. Kim/Chicago Tribune/TNS

Starbucks, Union seek framework to reach collective agreement

Business / Business News /

Starbucks Corp., in a break from the labor tactics of its former chief executive officer, said it agreed with the union representing its workers to start talks on a framework to achieve collective-bargaining agreements and resolve lawsuits between the two sides.

The coffee giant had offered a slate of benefits such as credit-card tipping to ...Read more

Richard Tsong-Taatarii/Minneapolis Star Tribune/TNS

Twin Cities janitors, security guards set to strike at places from Target to airport, sports venues

Business / Business News /

MINNEAPOLIS — Nearly 8,000 janitors, security guards and airport service workers announced they are prepared to begin striking in one week at Best Buy, Target, Minneapolis St. Paul International Airport, plus other stores, sports venues and offices across the Twin Cities.

The guards and janitors are members of SEIU Local 26 and work for about...Read more

Cox Enterprises buys majority stake in government software firm OpenGov

Business / Business News /

Cox Enterprises on Tuesday announced it has taken a majority stake in California-based software company OpenGov, which helps local and state governments modernize their technology and improve transparency and constituent services.

OpenGov makes software that helps government agencies with their accounting, asset management, budgeting, ...Read more

US consumer confidence decreases for first time in four months

Business / Business News /

U.S. consumer confidence fell in February for the first time in four months as Americans’ views deteriorated about the outlook for the economy, the job market and financial conditions.

The Conference Board’s gauge of sentiment decreased to 106.7 from a downwardly revised 110.9 a month earlier, data published Tuesday showed. The February ...Read more

Michael Hiltzik: Vanguard, one of our top investment firms, shuns crypto 'like the plague.' That's good for its customers

Business / Business News /

After Jan. 10, when the Securities and Exchange Commission approved the first bitcoin exchange-traded investment products, the biggest investment firms jumped into the pool with both feet, jostling one another to offer their clients, big or small, access to bitcoin funds.

All, that is, except the second-biggest private investment management ...Read more

Study: Lower gas prices make ICEs more affordable to fuel up than EVs

Business / Business News /

With gasoline prices dropping, a new study suggests gas-powered vehicles may be more economic to fuel up versus an equivalent electric vehicle.

Entry-level gas-powered cars like the Honda Civic and Subaru Impreza had an average fueling cost of $9.46 per 100 purposeful miles, which are defined as those going to a destination, not a gas or ...Read more

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The battle brewing over California workers' unique right to sue their bosses

Business / Business News /

California workers who believe they have been victims of wage theft or other workplace abuses have for more than two decades relied on a unique state law that lets them sue employers not only themselves but also for other workers.

Now a battle is shaping up over the law, known as the Private Attorneys General Act, or PAGA. An initiative seeking...Read more

Anda Chu/Bay Area News Group/TNS

Silicon Valley job boom ends for now as employment growth slows down: report

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SAN JOSE, California — Silicon Valley’s job boom has hit a pause, and while the region is still adding workers, the pace of hiring in 2023 was markedly slower than the year before, a new report shows.

Although hiring is in a slump, median household income is on the rise, according to the Silicon Valley Index 2024, a closely watched annual ...Read more

Dania Maxwell/Los Angeles Times/TNS

Looking to buy or sell a home this spring? Here's what to expect

Business / Business News /

Spring is less than a month away, and with it typically comes a busy time to buy and sell a home in Southern California.

The holidays have passed. The weather is warmer. At least in theory, families should have enough time to find a home, move and settle in before their children start school in the fall.

But during four years of a pandemic-...Read more

Italy reached out to BYD about plans for European car plant

Business / Business News /

BYD Co. has been contacted by the Italian government as part of the country’s efforts to attract a second car manufacturer beyond Fiat maker Stellantis NV.

“We have some contacts to discuss about that,” Michael Shu, managing director of BYD Europe, said in an interview at the Geneva International Motor Show. The need for a second ...Read more

Delta plans another eclipse flight, after first one quickly sold out

Business / Business News /

Delta Air Lines is putting up for sale another flight for passengers to get a view of the upcoming solar eclipse from the air, after its first eclipse flight sold out in less than 24 hours.

Delta said it will operate Flight 1010 on April 8, the day of the total solar eclipse, departing Dallas Fort Worth International Airport at 12:30 p.m. bound...Read more

FAA panel finds Boeing safety culture wanting, recommends overhaul

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A Federal Aviation Administration-commissioned report issued Monday is highly critical of Boeing's safety culture and makes more than 50 recommendations to bring it up to the required legal standards consistent with "the public interest in aviation safety."

The report, written by a panel of independent aviation experts, cites "a disconnect" ...Read more

Expedia cuts will hit 1,500 roles in 2024, Seattle firm tells workers

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As it welcomes a new chief executive, Expedia expects cuts following an operational review that will impact 1,500 roles throughout the year, outgoing CEO Peter Kern told employees Monday.

Expedia's product and technology teams will see the deepest cuts, according to Kern's memo, as the company looks to "invest in core strategic areas." The cuts...Read more

George Avalos/Bay Area News Group/TNS

Cisco plans to chop more than 700 Bay Area jobs in latest tech layoffs

Business / Business News /

SAN JOSE, California — Cisco Systems, in a fresh bout of layoffs, has revealed plans to slash more than 700 Bay Area tech jobs, an ominous hint that the technology industry’s post-coronavirus economic maladies have yet to abate.

The most recent layoffs disclosed by the tech titan will affect Cisco workers in San Jose, Milpitas and San ...Read more

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Notorious ransomware group launched cyberattack on UnitedHealth Group

Business / Business News /

A ransomware group known as Blackcat was responsible for launching a cyberattack last week at UnitedHealth Group that resulted in nationwide disruption of prescription orders, Reuters reported Monday.

Blackcat actors employ a multiple extortion model of attack, the Justice Department says, with affiliated stealing sensitive data and seeking a ...Read more

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Pet financing: Should you get a pet loan?

Business / Business News /

Owning a pet can be expensive. Setting aside funds for your pet’s needs from everyday expenses to unexpected medical costs is important. This is especially true if you have or are looking for a service, therapy or emotional support animal because they often need specific training.

Luckily, various veterinary financing options, like pet or vet...Read more

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403(b) vs. 401(k): What's the difference in these retirement accounts?

Business / Business News /

If you’re looking at retirement accounts, then you may come across the 403(b) and the 401(k) plans. Both the 403(b) and 401(k) are among the best retirement plans available, and one key difference between them is relatively simple: the group of workers that is allowed to use them.

Here’s how 403(b) and 401(k) plans work and their major ...Read more