Business

/

ArcaMax

Rocket Mortgage agrees to $3.5 million settlement in overtime pay case

Business / Business News /

Rocket Mortgage has agreed to pay up to $3.5 million to settle a class action lawsuit from mortgage bankers claiming that the company failed to properly pay them overtime wages.

According to documents filed May 17 in U.S. District Court in Arizona, Rocket Mortgage and the plaintiffs, all former mortgage brokers for Detroit-based Rocket, reached...Read more

Dustin Franz/Getty Images North America/TNS

Norfolk Southern reaches $310M settlement of fed probes into Ohio wreck

Business / Business News /

Atlanta-based Norfolk Southern has agreed to a more than $310 million settlement of federal investigations into its fiery derailment of a train carrying hazardous materials in East Palestine, Ohio, more than a year ago.

The settlement reached with the U.S. Environmental Protection Agency and U.S. Department of Justice comes after EPA ...Read more

Tyger Williams/The Philadelphia Inquirer/TNS

After Times Square controversy, breastfeeding billboards come to Philly

Business / Business News /

PHILADELPHIA — Drivers near Callowhill Street in Philadelphia and on the Pennsylvania Turnpike north and northwest of the city can now see a billboard that was, for a time, deemed too controversial for Times Square in New York.

With pregnant belly out and breasts covered by her cookies, said to stimulate milk production, cookbook author Molly...Read more

Craig Blankenhorn/HBO Max/TNS/TNS

New York's studio building boom poses threat to LA's Hollywood production

Business / Business News /

NEW YORK — Pat Swinney Kaufman may have enough ceremonial shovels in her office to start her own small construction firm.

As commissioner of the New York City Mayor’s Office of Media and Entertainment, based above the Ed Sullivan Theater in Manhattan, Kaufman helped break ground on a number of new studios and soundstages to accommodate the...Read more

DREAMSTIME/TNS

Southern California has a new record pressing plant. Can it meet Swiftie-sized demand?

Business / Business News /

LOS ANGELES — The extruder melted thousands of tiny black pellets into a viscous goo. A hissing, linebacker-sized machine, one of 12 just like it in this Oxnard warehouse, shaped it into a puck-sized "biscuit" of plastic. A press stamped it into a thin, etched disc and shaved off the rough edges, while a second arm shot down and slapped it ...Read more

Dwphotos/Dreamstime/TNS

DOJ sues Live Nation to break up alleged Ticketmaster monopoly

Business / Business News /

The Justice Department on Thursday announced it has filed a suit against Ticketmaster’s L.A.-based parent company Live Nation Entertainment, seeking to break up the company over allegations that it created an illegal monopoly over the live entertainment industry.

The government, joined by 29 states and the District of Columbia, is accusing ...Read more

Carolyn Cole/Los Angeles Times/TNS

Anita Hill-led Hollywood Commission wants to change how workers report sexual harassment

Business / Business News /

In the wake of movie mogul Harvey Weinstein's 2020 rape trial, a survey of nearly 10,000 workers by the Anita Hill-led Hollywood Commission revealed a sobering result: Few people believed perpetrators would ever be held accountable.

The vast majority, however, were interested in new tools to document incidents and access resources and helplines...Read more

HODELETE60/Getty Images North America/TNS

Shari Redstone was poised to make Paramount a Hollywood comeback story. What happened?

Business / Business News /

It was supposed to be a blockbuster Hollywood comeback: Shari Redstone, who had long struggled to prove herself, was determined to orchestrate a dramatic turnaround of her family’s lagging entertainment company, Paramount Global.

“We are on the ascent ... reaching for new heights,” Redstone, Paramount’s controlling shareholder and non-...Read more

Pedro Portal/El Nuevo Herald/TNS

Miami communities keep losing historic homes. How one village is pushing to save them

Business / Business News /

At a time when historic homes are being bulldozed in Coral Gables and Miami Beach, one Miami-Dade County village has rallied to preserve and celebrate its architectural heritage.

Miami Shores’ Historic Preservation Board organized a series of events this year to honor a community turning 100 years old. A now-gone real estate development firm,...Read more

Genaro Molina/Los Angeles Times/TNS

Illegal hostels are popping up in LA neighborhoods, to some residents' ire

Business / Business News /

In a mostly quiet neighborhood of older homes and small apartment buildings, some residents have drawn their own no-go zones around what might sound like a crash pad for traveling backpackers: hostels.

At least two of them have popped up on West View Street in Mid-City Heights in the past few years, with more in surrounding neighborhoods.

...Read more

Real estate Q&A: Do I have to remove leaves off neighbor's tree from my yard?

Business / Business News /

Q: My neighbor has a large mango tree in her yard along the fence that separates our property. I keep the branches of the tree that come over the fence on my side pruned, and she has agreed to do this. However, the wind blows the leaves from the tree on her side of the fence into my pool on windy days. I spoke to her about this, and she replied,...Read more

K G/Dreamstime/TNS

Motormouth: Hoses and belts

Business / Business News /

Q: I own a 2011 Tacoma with 76,000 miles on the odometer. I had all of the maintenance done "by-the-book" at 50,000 miles. Hoses and belts seem to last much longer than they used to when I began driving in the 1960s. So as a preventive maintenance procedure, what is your rule of thumb for changing hoses and belts for maximum reliability ?

G....Read more

Guillem Hernandez/VinFast/TNS/TNS

US investigating VinFast EV after 2 adults, 2 children die in one-car crash

Business / Business News /

The National Highway Traffic Safety Administration has opened an investigation into VinFast’s first U.S. electric vehicle model less than a month after four family members — a man, a woman and two children — were killed in a one-car accident in the California Bay Area.

The crashed occurred on the night of April 24 after the driver had ...Read more

Rafael Henrique/Dreamstime/TNS

US Justice Department to seek breakup of Live Nation-Ticketmaster

Business / Business News /

The U.S. Justice Department and a group of states will sue Live Nation Entertainment Inc. for antitrust violations related to Ticketmaster’s unrivaled control of concert ticket sales, according to people familiar with the case.

The suit is expected to be filed in the Southern District of New York Thursday, said the people who asked not to be ...Read more

Dreamstime/Dreamstime/TNS

Lisa Jarvis: Private equity is bad for your health

Business / Business News /

The bankruptcy of Steward Health has become the latest cautionary tale about private equity’s involvement in health care. Cerberus Capital Management’s purchase in 2010 of several Massachusetts-based nonprofit hospitals was meant to be a life preserver for the struggling chain, but instead its woes deepened, compromising patient care. The PE...Read more

Dreamstime/Dreamstime/TNS

DuPont to split into three companies as CEO Breen steps back

Business / Business News /

DuPont de Nemours Inc. plans to split into three publicly traded companies, joining a list of industrial conglomerates seeking to boost returns by breaking into smaller, more focused businesses.

The company will separate its electronics and water units through tax-free transactions, DuPont announced Wednesday in a statement. The remaining ...Read more

Ray Chavez/Bay Area News Group/TNS

A second judge finds Tesla workers at Fremont factory were racially harassed

Business / Business News /

A judge has found Black workers faced years of widespread “race harassment” at Tesla’s Fremont electric car factory, opening the door for thousands more claims charging the automaker with mistreatment.

Alameda County Superior Court Judge Noël Wise, in a Friday ruling on a lawsuit by Black former Tesla workers, cited more than 500 ...Read more

Lauren DeCicca/GETTY IMAGES NORTH AMERICA/TNS

California recalls more than a dozen weed products due to toxic mold. What's on the list?

Business / Business News /

The California Department of Cannabis Control has issued several recalls of cannabis products due to potential contamination with mold.

The weed products may have been contaminated with aspergillus, a “plant-infecting and toxigenic fungi” that is most commonly found in cannabis and hemp flowers, according to the National Institutes of ...Read more

Stephen M. Dowell/Orlando Sentinel/TNS

Tourism district considers $100M in Disney World road upgrades

Business / Business News /

As political tensions ease, Florida’s tourism oversight district is considering a nearly $100 million plan to upgrade bridges and roads at the Disney World resort.

The Central Florida Tourism Oversight District’s board voted Wednesday to explore issuing bonds for six transportation projects by autumn.

The project list includes the third ...Read more

Annika Merrilees/St. Louis Post-Dispatch/TNS

Drones could move time-critical blood samples across Missouri for organ transplants

Business / Business News /

ST. LOUIS — A St. Louis-based organ transplant agency is exploring unmanned drones as a faster, cheaper method of moving blood samples and medical supplies across the Midwest.

Leaders at Mid-America Transplant, the region's coordinator for organ and tissue donations, said their first goal is to create a system to transport blood samples from ...Read more