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Motormouth: 'Suggested' maintenance

Business / Business News /

Q: I have a 2015 Lexus RX 350 with 66,000 miles. The manual says nothing about changing the differentials oils but only suggests to "check" them periodically assuming the car is used normally and not with heavy tow. The dealer does put the fear of God in you that you should change the oils at low mileage intervals. I finally bought in and ...Read more

Zbigniew Bzdak/Chicago Tribune/TNS

Verbal abuse, a 'sex-driven' culture: Ex-employees describe toxic environment at Guaranteed Rate

Business / Business News /

Victor Ciardelli beamed as his mortgage company, Chicago-based Guaranteed Rate, launched a “financial wellness” and “personal well-being” app last fall before a live audience in Times Square with wellness celebrity Deepak Chopra.

“Something we are passionate about at Guaranteed Rate is caring about people and their overall well-being,...Read more

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Looking for a second career? 'Take it a step at a time'

Business / Business News /

What started out as a job has turned into a profession. Months turned into years. You worked your way up and now make a decent salary.

But things have changed. The company is different, management has been overhauled and your values have transformed. Where you work no longer feels like home.

What now?

Freda Marver of Begin Again Coaching said...Read more

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How to keep workers safe in hot weather

Business / Business News /

For people who work outside or in hot conditions, it can be perilous when temperatures rise during the summer months.

The U.S. Department of Labor’s Occupational Safety and Healthy Administration warns that thousands of people become ill from occupational heat exposure every year — and some people die from heat exposure at work.

The start...Read more

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Prosecutors recommend 15 years in prison for former Outcome Health CEO

Business / Business News /

The former head of the once-prominent startup Outcome Health should serve 15 years in prison, and two other former executives should serve 10 years, after the three were convicted of fraud, government prosecutors told a federal judge Friday.

Former Outcome CEO and co-founder Rishi Shah is scheduled to be sentenced June 25, after a jury found ...Read more

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Why cruise ships docked at the Miami port will plug into giant electrical outlets

Business / Business News /

Cruise ships docked at PortMiami can now plug in for power — a way to cut pollution, save fuel and ride a wave toward a sustainable future.

The world capital of cruising on Monday unveiled what’s called shore power, with executives on hand from five major cruise companies: Carnival Cruise Line, Royal Caribbean International Group, Virgin ...Read more

Reports of phishing scams doubled in 2023, BBB says

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Reports of online scams doubled in 2023 as artificial intelligence and text-based scams gain popularity among hackers, a new report from the Better Business Bureau says.

More than 9,000 people nationally reported phishing scams — online targeted attempts to steal a person's money or identification by asking for personal information — and ...Read more

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S&P 500 hits 30th record of 2024 as megacaps rally: Markets wrap

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A rally in several large technology companies drove stocks to all-time highs, with some prominent Wall Street strategists rushing to boost their targets even as many hedge funds grow increasingly cautious.

The S&P 500 hit its 30th record this year, defying concerns about narrow breadth that could make the market more vulnerable to surprises. As...Read more

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Is it safe to give out my card details over the phone?

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By 2027, worldwide e-commerce sales are expected to reach $7.96 billion — an increase of about 61% over e-commerce sales since 2021, according to a 2024 report from eMarketer. As this trend of internet and phone shopping keeps growing, so-called “card-not-present” (CNP) shopping activity (which are transactions where you don’t physically...Read more

Shae Hammond/Bay Area News Group/TNS

Not (officially) in my backyard: Illegal California ADUs outpacing permitted ones

Business / Business News /

When it comes to building more of the housing that California needs, the legislative reforms making it easier to build accessory dwelling units have been a major success story: In 2023, one in every five new homes built in the state was an ADU, resulting in 22,802 new homes.

But there is much wider interest in ADUs than that number suggests; it...Read more

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Music publishers urge states to investigate Spotify

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A trade group representing songwriters and music publishers filed a complaint against Spotify with the Federal Trade Commission last week, alleging the music streaming platform’s decision to bundle subscriptions is deceiving consumers.

The National Music Publishers Association sent its complaint to 10 states, encouraging attorneys general to ...Read more

GM-LG battery plant workers ratify initial deal, UAW local says

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United Auto Workers-represented employees at General Motors Co.'s first operating joint-venture battery plant in northeast Ohio have ratified an inaugural local contract with the company.

Workers at the Warren, Ohio, Ultium Cells LLC plant, owned by GM and battery supplier LG Energy Solution, approved the new four-year deal with 98% voting yes ...Read more

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UnitedHealth Group's lawsuit against former executives over alleged trade secrets theft dismissed

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A federal lawsuit filed by UnitedHealth Group against two of its former executives alleging they stole confidential company information to create new companies has been dismissed.

Minnetonka-based UHG alleged Ken Ehlert and Mark Pollman used trade secrets to start up several competing companies, including Sequelae Inc. and Lore Health.

Lore ...Read more

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When will America get its $25,000 electric car?

Business / Business News /

Electric-vehicle prices are falling fast in the U.S., but the cheapest models remain far more costly than what other countries have on offer. The BYD Seagull sells for about $10,000 in China, the Dacia Spring starts at $20,000 in Europe, the Renault Kwid e-Tech costs $19,000 in Brazil, and the Kia Ray goes for $22,000 in South Korea.

So where ...Read more

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Food 4 Less workers in California vote to authorize strike

Business / Business News /

Nearly 6,000 workers at Food 4 Less locations across California this week voted to authorize a strike if Kroger, the grocery chain's owner, continues with what they say are labor violations during ongoing contract talks.

The vote comes after the union, United Food and Commercial Workers, filed multiple claims of unfair labor practices with the ...Read more

Christina House/Los Angeles Times/TNS

Food 4 Less workers in California vote to authorize strike

Business / Business News /

LOS ANGELES — Nearly 6,000 workers at Food 4 Less locations across California this week voted to authorize a strike if Kroger, the grocery chain's owner, continues with what they say are labor violations during ongoing contract talks.

The vote comes after the union, United Food and Commercial Workers, filed multiple claims of unfair labor ...Read more

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Truist investigates data breach, notifies employees and some customers

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Truist Financial Corp. said it is responding to a cybersecurity incident, notifying employees and some of its customers.

The Charlotte-based bank, formed in 2019 in a merger of BB&T and Atlanta-based SunTrust, employs thousands of Georgians and is the largest bank in Georgia.

The data breach dates back to October 2023, with Truist saying that ...Read more

Are tiny homes a cost-effective solution for homelessness? This Bay Area nonprofit thinks so

Business / Business News /

DignityMoves CEO Elizabeth Funk thinks that for the most part, the public agencies and nonprofits tasked with solving homelessness are going about it all wrong.

From the federal government on down, the focus — and the funding — has long centered on moving homeless people directly into permanent housing. The problem with that strategy, as ...Read more

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Econometer: Should restaurant surcharges be legal?

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A California state bill designed to eradicate junk or hidden fees, and signed into law in October, is set to take effect on July 1.

The new law, as interpreted by the Attorney General’s Office, means a restaurant cannot charge an additional surcharge on top of the price listed. And it seemingly brings to an end the practice of restaurants ...Read more

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Apple's new AI technology is a step forward, Emory professor says

Business / Business News /

Rajiv Garg is an optimist.

An associate professor at Emory University’s Goizueta Business School, Garg has studied artificial intelligence for over 25 years. As the field becomes increasingly sophisticated, he believes AI will soon have the power to make every person more creative, innovative and knowledgeable.

But that outcome is dependent ...Read more