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Under the Hood: CRV startup noise likely due to faulty, and replaceable, part

Business / Business News /

Q: I have a 2012 Honda CRV with a four-cylinder engine; the manufacturer recommends using 0W20 oil. Every time it starts (since the beginning) it makes sounds like noisy lifters for a few seconds and then settles down. I use synthetic oil and have had it changed per the manufacturer's recommendation for years. So, to satisfy my curiosity at one ...Read more

Private equity investors get IRS rules on 20 percent tax break

Business / Business News /

Business owners -- and their accountants -- can rest a bit easier: the IRS has given them the long-anticipated final word on how they can claim one of the biggest perks in the 2017 Republican tax overhaul.

The regulations detailing the new 20 percent deduction for pass-through business owners are of critical importance to the operators of such ...Read more

Democrats propose legal status for undocumented immigrant farmworkers

Business / Business News /

WASHINGTON -- Two California Democrats filed legislation Thursday that would give undocumented immigrant farmworkers and their families a path to legal resident status and possibly U.S. citizenship.

The legislation by Sen. Dianne Feinstein and Rep. Zoe Lofgren is designed to ease agricultural worker shortages and protect undocumented workers ...Read more

Perdue recalls 68,000 pounds of chicken nuggets after wood found in them

Business / Business News /

Perdue Foods is recalling more than 68,000 pounds of chicken nuggets after consumers say they found wood in the product.

The 22 ounce packages of frozen "PERDUE SimplySmart ORGANICS BREADED CHICKEN BREAST NUGGETS GLUTEN FREE" with "Best By: Date 10/25/19" and UPC Bar Code "72745-80656" represented on the label were produced October 25, 2018.

...Read more

Feds move to take over Sears pension plans, will cover 'vast majority' of benefits for retailer's 90,000 retirees

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A federal agency is preparing to take responsibility for Sears' pension plans, which cover more than 90,000 people.

The Pension Benefit Guaranty Corp. said in a new release Friday that it believes Hoffman Estates-based Sears Holdings Corp.'s "continuation of the plans is no longer possible" after the company filed for bankruptcy.

The agency ...Read more

Dear MacKenzie Bezos: You're rich. You're free. Now what?

Business / Business News /

Dear MacKenzie,

Is it all right that I call you that? I feel a little weird about it, but would feel even weirder if I called you Mrs. Bezos, considering all that's going on.

There was last week's divorce announcement, via Twitter, in which you and your husband, Amazon founder Jeff Bezos, announced your decision to split after 25 years and ...Read more

Some home shoppers are calling it quits, convinced that prices have peaked

Business / Business News /

LOS ANGELES -- Two years ago, Mike Saavedra moved to Southern California, equipped with a new high-paying healthcare job and a plan. The former Arizona resident would rent by the beach while becoming familiar with neighborhoods where he may want to purchase a house.

But a few months after starting his search, the Manhattan Beach renter cut it ...Read more

Anonymous donor puts up $500,000 for interest-free loans for federal employees affected by shutdown

Business / Business News /

PHILADELPHIA -- Marshal Granor got the phone call a week ago, from a person expressing what so many have since a battle over a border wall thrust hundreds of thousands of federal workers into the middle of a political standoff and their own personal financial frenzy.

"My heart is breaking," were the words the real estate lawyer heard from the ...Read more

Despite the government shutdown, Trump's efforts to gut Obamacare go full speed ahead

Business / Business News /

A good portion of the federal government may be shut down, but you can rest assured that the devoted Obamacare saboteurs at the Department of Health and Human Services are on the job.

Late Thursday, they released proposed rule changes for the 2020 health insurance year -- and requests for comments on further changes -- that will drive up ...Read more

Judge blocks Trump administration from processing permits for offshore seismic tests

Business / Business News /

WASHINGTON -- A federal judge in South Carolina on Friday blocked the Trump administration from processing seismic testing permits for offshore oil drilling, a setback for the administration's efforts to assist energy companies during the partial government shutdown.

U.S. District Judge Richard Gergel issued an injunction that stops the ...Read more

Tesla to cut 7 percent of workforce as road ahead looks 'very difficult'

Business / Business News /

Tesla Chief Executive Elon Musk stunned Tesla's employees when on Friday he said the electric carmaker will cut 7 percent of its workforce as it drives forward with its plans to produce a new, lower-priced version of its Model 3 sedan.

Musk made the announcement in a letter to Tesla employees that he posted on the company's blog Friday morning....Read more

2019 Lincoln Nautilus steering technology may not work on some SUVs

Business / Business News /

DETROIT -- Ford Motor Co. recalled about 2,700 of its brand new 2019 Lincoln Nautilus luxury SUVs on Wednesday because steering control technology may not work, which could increase the risk of crash.

The company said that it is not aware of any accidents or injuries.

A strong selling point for the Lincoln Nautilus, which costs about $40,000, ...Read more

Hungry for cash, Musk says company can no longer afford free Supercharging for new buyers

Business / Business News /

Tesla needs more cash. To help keep what it's got from flying out the door, Chief Executive Elon Musk on Wednesday announced the end of a customer referral program that offers free Supercharging to new buyers.

"It's adding too much cost to the cars, especially the Model 3," Musk said in a tweet late Wednesday. The referral program, originally ...Read more

'We're going to electrify the F-Series,' Ford exec says

Business / Business News /

DETROIT -- Ford Motor Co. confirmed plans to build a fully electric F-Series pickup, which industry observers called an unexpected move that protects the truck franchise against Tesla and other competitors.

"We're going to be electrifying the F-Series -- battery electric and hybrid," Jim Farley, Ford president of global markets, said this week ...Read more

Economist: Auto industry could create the next recession

Business / Business News /

The North American International Auto Show in Detroit will once again give car lovers reasons to brave the crowds and the cold, such as a chance to see the 2020 Ford Shelby GT 500 in the steel flesh.

But the auto show's backstory is clouded by potential economic stumbling blocks at every corner -- ranging from pinched pocketbooks to stormy ...Read more

The Week Ahead: Markets missing data

Business / Business News /

The stock market is not the economy. And as the partial government shutdown drags on, that has never been more accurate.

In the week ahead, several regularly scheduled economic releases will be missing. The Commerce Department has been shuttered since Dec. 21. The department's Census Bureau is responsible for collecting and disseminating a ...Read more

Auto review: 2019 Lexus ES 350 gets lost between the old and the new

Business / Business News /

Has Lexus lost its way? This is the question I kept coming back to in the redesigned 2019 Lexus ES 350 midsize sedan. The seventh-generation ES 350 is a quiet, sophisticated ride in the Lexus way, but the technology hasn't kept up with the modern competition.

It has grown longer (2.6 inches), wider (1.8 inches) and a bit lower; the wheelbase ...Read more

Mark Phelan: At 700-plus horsepower, 2020 Shelby GT500 is the ultimate Mustang

Business / Business News /

DETROIT -- If Ford Motor Co. is serious about planning its future around electric vehicles, it's hard to imagine a better curtain call for its gasoline performance cars than the 700-plus-horsepower 2020 Mustang Shelby GT500.

Exhaust pipes the size of paint cans -- literally; they're 5 inches across -- promise an engine note to wake the dead ...Read more

Larry Printz: The passionate man behind the all-new 2020 Toyota Supra

Business / Business News /

DETROIT -- Everyone has had one car in their life that holds a special place in their heart. For Akio Toyoda, grandson of Toyota founder Kiichiro Toyoda, that car is the Toyota Supra, a model last seen in the U.S. in 1998.

"Back in the day, my Supra and I spent countless hours together as I learned to become a master driver," Toyoda told the ...Read more

Auto review: Kia updates midsize Optima sedan for 2019 with design tweaks, new technology features

Business / Business News /

Kia's midsize Optima sedan got an exterior and interior "freshening" for 2019, the first key changes since the gasoline-only models moved into their fourth generation for 2016 and the hybrid versions arrived in their second generation for 2017.

There are four gasoline-only trim levels for 2019, starting with the LX 2.4 ($22,900, plus $920 ...Read more

 

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