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Column: GAO finds the selling of junk health plans favored by Trump is rife with deception

Business / Business News /

One of the great features of the Affordable Care Act is that it clearly sets forth its consumer protection features, making it harder for unscrupulous health plan marketers to cheat the public.

It has been well understood that the Trump administration's energetic promotion of ACA-exempt health plans has the capacity to undermine this crucial ...Read more

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You may be cleaning up in the bathroom using an old-growth tree

Business / Business News /

With everyone spending more time at home, demand for residential toilet paper is way up. That's bad news for the world's oldest forests. Unlike the industrial rolls found in many offices and restaurants, the cushy TP Americans love for their own bathrooms is made almost entirely of trees cut from virgin forests. Procter & Gamble Co. - maker of ...Read more

Genaro Molina/Los Angeles Times/TNS

This Hollywood coworking space is 'what architecture might look like post-COVID'

Business / Business News /

LOS ANGELES - Remember coworking? When independent workers and start-up entrepreneurs would pile into communal offices, sharing overhead and necessities like printers, bathrooms and ventilation systems? A fantastic idea for saving money on real estate and office infrastructure. Not so hot when you're trying to prevent the spread of mortal ...Read more

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Real estate Q&A: Who should fix water line to a townhouse?

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Q: I live in a townhouse where the water meters are near the parking lot. Who is responsible for repairing the water line from the meter to the individual townhouse unit? Is it the townhouse unit owner, or is it the association because the water line is in the common area? - Clara

A: When you live in a community association, you agree to live ...Read more

Andy Kosier/Minneapolis Star Tribune/TNS

Federal aid improving “safety net” for Midwestern dairy farmers

Business / Business News /

President Donald Trump trails in the polls in Wisconsin and Minnesota, but he is banking on the support of one group whose fortunes have improved somewhat in the past year: dairy farmers.

Thanks to reinforcements to the federal dairy safety net and a generous coronavirus-relief package, fewer dairy farmers are going out of business and their ...Read more

Alex Wong/Getty Images North America/TNS

Column: The competing economic visions of Biden and Trump — one looks ahead, the other back

Business / Business News /

In this election cycle, it's tempting to see every aspect of American life in partisan terms, including its economic divide. But there's an aspect to the economic picture that doesn't get enough attention despite the impulse to view everything through a red vs. blue prism.

It's not merely the split in manufacturing vs. service or information ...Read more

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If Nikola goes up in flames, GM might only get singed, analysts say

Business / Business News /

DETROIT - General Motors' pending partnership with electric vehicle maker Nikola Corp. could result in a dream team or a deal with the devil.

Either way, GM CEO Mary Barra is not backing down from it despite rumblings on Wall Street that perhaps GM failed at its due diligence.

Last week, Hindenburg Research published a 67-page report accusing ...Read more

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Cargill joins regenerative agriculture movement, sets goal for 10 million acres

Business / Business News /

Regenerative agriculture has been gaining popularity in pockets of farming over the last several years, but now Cargill Inc., the world's largest agribusiness, is pushing the phenomenon.

The Minnetonka, Minn.-based company on Wednesday said it will help convert 10 million acres of row crop farmland in North America over a decade to regenerative...Read more

Hair and makeup artists are cut as Fox News trims staff in reorganization

Business / Business News /

Ever since the coronavirus outbreak forced many TV news anchors, correspondents and guests to broadcast from home, many of them have gone without the services of hair and makeup artists that made them camera ready.

With the return of in-studio guests far down the road, Fox News Media is planning cuts to its staff of hair and makeup departments ...Read more

Richard Tsong-Taatarii/Minneapolis Star Tribune/TNS

North Dakota oil production on the upswing again but may plateau this fall

Business / Business News /

North Dakota's oil and gas production soared 16% in July as operators reopened wells that had been shut-in earlier this year due to the economic downfall caused by the corona­virus pandemic.

The increase was expected, and another jump is anticipated for the remainder through this month as more shut-in wells are retapped.

But unless oil prices...Read more

Armando L. Sanchez/Chicago Tribune/TNS

Dakota Access oil pipe likely safe from shutdown through 2020

Business / Business News /

The Dakota Access oil pipeline is poised to stay in service at least through December under a new court schedule, assuming the Trump administration doesn't force a shutdown.

Under the proposed briefing schedule filed Wednesday, a federal court in Washington won't be prepared to rule until late December, at the earliest, on a renewed bid to halt...Read more

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US senators send letter to Trump opposing TikTok-Oracle deal

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A group of Republican senators sent a letter to the Trump administration Wednesday outlining their opposition to a proposed deal between Oracle Corp. and ByteDance Ltd. that would allow the Chinese company to maintain majority ownership of TikTok, despite an order by the U.S. president that the popular video app sever its ties to China on ...Read more

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Fed expected to keep interest rates near zero through 2023

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WASHINGTON - The Federal Reserve is likely to keep interest rates pinned near zero at least through 2023, according to projections released Wednesday that also show officials are more upbeat about the near-term outlook for the pandemic-battered U.S. economy.

The Fed's brighter economic outlook reflects the stronger-than-expected recovery in the...Read more

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As US TikTok ban nears, here's what we know about a deal

Business / Business News /

With just days to go until President Donald Trump's ban on TikTok in the U.S. comes into effect, the race is on for owner ByteDance to win approval for its plan to avoid a shutdown.

Technology giant Oracle Corp. has emerged as the Beijing-based company's chosen partner for a deal, beating out Microsoft Corp. There's still much to be decided ...Read more

Drew Angerer/Getty Images North America/TNS

How much worse off is America from COVID-19 than other rich nations? Much, much worse

Business / Business News /

Mapping America's response to the coronavirus pandemic compared with other countries hasn't been a simple task, not least because of the densely obscuring smoke issuing from the Trump White House. But a new analysis points to an inescapable conclusion.

How much worse than other rich countries has the U.S. done in fighting COVID-19 and ...Read more

David Swanson/The Philadelphia Inquirer/TNS

Why Yuengling has partnered with Molson Coors for a big push out West

Business / Business News /

D.G. Yuengling & Son Brewing Co., the Pottsville, Pa.-based beer behemoth, has set its sights on becoming a national brand by forging a partnership with industry giant Molson Coors.

Yuengling already is the "largest craft brewer" in the United States with two breweries in Pottsville and another suds factory at a former Stroh's brewery in Tampa,...Read more

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Fed signals rates will stay near zero for at least three years

Business / Business News /

The Federal Reserve left interest rates near zero and signaled it would hold them there through at least 2023 to help the U.S. economy recover from the coronavirus pandemic.

The Federal Open Market Committee "expects to maintain an accommodative stance of monetary policy" until it achieves inflation averaging 2% over time and longer-term ...Read more

Grocery stores are pushing California to be tougher on crime. Here's why

Business / Business News /

In 2003, Brian Beinlich stood before a judge in an Orange County courtroom, barely comprehending what had happened.

The judge had just told Beinlich he was sentenced to three consecutive life sentences in prison. He would not be eligible for parole for 81 years. His crime? Stealing two bottles of Hennessy from a Costco in Fountain Valley, Calif...Read more

GM's Barra talks flying cars and transforming the automaker

Business / Business News /

DETROIT - The idea of flying cars is back on the table at General Motors in its pursuit of zero crashes, zero emissions and zero congestion.

The automaker is considering options in the aerial taxi market. Yeah, that's right, flying cars. Those options could include making the air taxis or partnering with another firm to make them, a spokesman ...Read more

SEC requires Seattle e-sports platform Unikrn to repay funds raised in crypto deal

Business / Business News /

Seattle e-sports platform Unikrn has agreed to pay more than $6 million to settle a complaint by the Securities and Exchange Commission alleging that the gambling site, initially backed by celebrities including Ashton Kutcher and Mark Cuban, raised $31 million by selling unregistered securities.

The $6.1 million, substantially all of the ...Read more