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Carline Jean/TNS

Carnival removes all July sailings from website -- except these

Business / Business News /

Carnival Cruise Line has removed all scheduled July sailings from its website except for a handful slated to depart from Miami and Galveston, Texas.

The change has fueled speculation among cruise-focused travel websites that Carnival has selected three of its ships — the Vista, Horizon and Breeze — to lead its phased-in resumption of ...Read more

Joe Raedle/Getty Images North America/TNS

Proposed menthol cigarettes ban gets cool reception in majority-Black Detroit

Business / Business News /

A newly proposed federal ban on all menthol cigarettes that is aimed at improving the health of African Americans would have major cultural and financial impacts in Detroit, a majority-Black city where the Newport brand, among others, is very popular.

The U.S. Food and Drug Administration announced plans last week to ban the sale of the ...Read more

Erika Schultz/Digital Image/TNS

Racist restrictions in old home deeds across Washington state will get expanded scrutiny

Business / Business News /

Marlene Smick remembers sitting in the back seat of her parents' car in 1958 as the family spotted an open house sign in Seward Park. Smick's father, a second-generation Japanese-American who had been incarcerated during World War II, rolled down the window to ask about the property.

"The guy, a builder, said, 'You're welcome to come look, but ...Read more

Jay L. Clendenin/Los Angeles Times/TNS

Consumer Confidential: Peloton reverses on recall. Killing and hurting kids isn't a great look

Business / Business News /

Peloton, a fitness-focused company predicated on people's well-being, has decided it's not good business to market products that can kill or injure children.

After earlier digging in its heels and refusing to recall its Tread+ exercise machine, which was linked to the death of one child and injuries to dozens more, Peloton now says it will ...Read more

Ryan Garza/Detroit Free Press/TNS

Rocket Companies sees $2.7B first quarter profit

Business / Business News /

Detroit-based Rocket Companies, the parent of Quicken Loans, enjoyed a strong start to the year with $2.7 billion in net income, or profit, during for the first quarter.

Those earnings, reported late Wednesday afternoon and off of $4.5 billion in total revenue, were slightly below Rocket's fourth-quarter 2020 results, although well above its ...Read more

FDA/TNS

Problems from pain to cardiac flatline possible after a Pfizer company's drug mix-up

Business / Business News /

One lot of 1% Lidocaine and one lot of 0.5% Bupivacaine have been recalled because some Lidocaine went out in bottles labeled as Bupivacaine and vice versa, a mistake that can cause patient death.

These anesthesia drugs, this mistake and this recall come from Hospira, a company owned by Pfizer. And, the Hospira-written, FDA-posted recall notice...Read more

Kent Nishimura/Los Angeles Times/TNS

Ruckus in the skies: What happens when airline passengers refuse to wear masks

Business / Business News /

A passenger on a JetBlue flight from the Dominican Republic to New York refused to wear a face mask, threw food and an empty liquor bottle in the plane, shouted obscenities and hit a flight attendant in the arm, the Federal Aviation Administration said Wednesday.

A passenger on a Southwest Airlines flight about to take off from Chicago to ...Read more

Richard Tribou/Orlando Sentinel/TNS

Cruise lines can apply to sail with volunteer passengers after new CDC guidelines

Business / Business News /

Cruise business in the U.S. could be back in the water soon after the Centers for Disease Control and Prevention released the final guidelines for ships to perform trial voyages with volunteer passengers that would demonstrate their COVID-19 safety protocols.

At the same time, the CDC gave cruise lines a workaround to simulated voyages if they ...Read more

Telemundo launches Spanish-language streaming studio to meet growing demand

Business / Business News /

Looking to capitalize on the enormous appetite for Spanish-language programming, Telemundo is opening a new studio dedicated to producing content for streaming platforms.

Telemundo Streaming Studios, based in Miami, launched Wednesday with 35 projects in development, including "Armas de Mujer," a remake of "El Diario de un Gigolo" and the ...Read more

Michael Cohen/Getty Images North America/TNS

Bill Gates-controlled investment firm transferred $1.8 billion in stock to Melinda Gates as they announced split

Business / Business News /

Bill Gates’ investment firm transferred $1.8 billion in stock to Melinda Gates as the pair announced the end of their 27-year marriage, according to a new report.

Cascade Investment LLC transferred more than 14 million shares of Canadian National Railway Co. and more than 2.9 million shares of AutoNation Inc. on Monday, The Wall Street ...Read more

Carline Jean/TNS

Office Depot plans to split the company in two, possibly to sell part off

Business / Business News /

ODP Corp., the Boca Raton-based operator of Office Depot, intends to split the company into a pair of independent, publicly traded firms, opening the way for a potential sale of its retail operation.

The move, announced Wednesday, comes after rival Staples spent the early part of this year trying to take over the company for $2.1 billion, a bid...Read more

Mandi Wright/Detroit Free Press/TNS

Stellantis exec: Lower inventory levels connected to chip shortage not such a bad thing

Business / Business News /

The global semiconductor shortage continues to crimp production at Stellantis, but the company's chief financial officer sees some upside to the impact on vehicle inventories that could continue beyond the immediate crisis.

CFO Richard Palmer told analysts Wednesday during a webcast for the company's first-quarter financial results that ...Read more

Ryan Garza/Detroit Free Press/TNS

GM reports $3.3B first-quarter net profit despite semiconductor chip shortage

Business / Business News /

General Motors says it will finish the year strong, in part because of its strategy in dealing with a worldwide shortage of semiconductor chips.

In an unusual move, GM CEO Mary Barra issued a Letter to Shareholders simultaneously with GM's first-quarter earnings results Wednesday. In it, Barra said GM expects to have a strong first half with ...Read more

US Consumer Product Safety Commission/US Consumer Product Safety Commission, Peloton/TNS

Peloton recalls treadmills after a 6-year-old died and 29 other kids were injured

Business / Business News /

A month after pushing back against the U.S. Consumer Product Safety Commission's warning about its Tread+ treadmills, Peloton recalled 125,000 of the treadmills and 6,450 Tread treadmills in the United States and Canada.

The exact problem with the $4,300 Tread+ treadmills, as stated in Wednesday's USCPSC alert: "Adult users, children, pets and ...Read more

Blue Origin/TNS

Blue Origin opens auction for 1st passenger on New Shepard rocket to space in July

Business / Business News /

Blue Origin announced plans for its first crewed flight of the New Shepard rocket this July, and opened up one seat to the winning bidder of an online auction.

60 years to the day that Alan Shepard launched on the Freedom 7 mission to become the first American in space, the company founded by Jeff Bezos revealed the target to launch the rocket ...Read more

E. Jason Wambsgans/Chicago Tribune/TNS

CME Group will close most of its trading pits -- for good

Business / Business News /

Fourteen months after temporarily closing its trading pits because of the COVID-19 pandemic, CME Group says most of them will not reopen.

The only “open-outcry” trading that will continue will be in the Eurodollar options pit, which reopened in August and also allows electronic trading, CME Group said Tuesday.

The transition to electronic ...Read more

Irfan Khan/Los Angeles Times/TNS

Federal judge strikes down CDC's national moratorium on evictions

Business / Business News /

A federal judge in Washington blocked a nationwide eviction moratorium the U.S. Centers for Disease Control and Prevention established as the COVID-19 lockdowns put millions of renters out of work during the past year.

In a ruling Wednesday, U.S. District Judge Dabney Friedrich said the agency exceeded its authority by issuing a broad ...Read more

Emily Michot/TNS

Is this tech's turning point in Miami? Leaders look ahead to major conference in 2022

Business / Business News /

The effort to transform Miami into a major tech hub stretches back at least a decade. Since then, many observers thought the city would inch toward that goal.

But over the past several months, the city has skipped toward it, emerging as a refuge for tech entrepreneurs looking to escape Silicon Valley and COVID lockdowns. Combined with the ...Read more

Justin Sullivan/Getty Images North America/TNS

Theranos founder can cite Silicon Valley hyperbole in defense

Business / Business News /

The lofty ambitions and hyperbole of Silicon Valley startups and their founders is fair game for Elizabeth Holmes to use at her pending criminal trial, a judge ruled.

For the first time since the pandemic shut down in-person hearings, the former Theranos chief executive and her lawyers appeared Tuesday before a federal judge in San Jose to ...Read more

Steve Ringman/TNS

A proposed $1.7 billion wind and solar project generates hopes and fears in Washington state

Business / Business News /

KENNEWICK, Benton County — Back in March, Chris Wiley passed a long day in his tractor sowing wheat. He had the controls set to automatic steering and scanned social media. He did not like what he found.

In post after post, people raged about a renewable energy project that would put wind turbines and solar development in the Horse Heaven ...Read more