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Arianne Cohen: Even with Google, knowing stuff is crucial to basic reasoning

Business / Business News /

What’s the difference between socialism and communism? How does global warming occur? What’s an economy of scale?

Easily Google-able questions — and parents’ own unhappy recollections of learning that relied on rote memorization — may encourage households to lighten up on the accumulation of knowledge in young minds. “They can ...Read more

Francine Orr/Los Angeles Times/TNS

California's job growth took a hit as the Delta variant spread

Business / Business News /

California's job growth slowed last month, and its unemployment rate remained high as the state, still pummeled by the COVID-19 Delta variant, struggled to recover economic momentum.

Many workers were reluctant to return to their jobs because the virus was circulating in schools and businesses, or because they were looking for safer, better-...Read more

Myung J. Chun/Los Angeles Times/TNS

Why Hollywood crews are giving mixed reviews on new contract

Business / Business News /

After the union representing Hollywood crews finally reached a deal on a new contract last week, International Alliance of Theatrical Stage Employees President Matthew Loeb proclaimed it "a Hollywood ending" and a sign that "our members stood firm."

The tentative three-year contract on behalf of 40,000 film and TV workers who belong to IATSE ...Read more

Dreamstime/Dreamstime/TNS

Arianne Cohen: Did someone criticize your parenting? How to react

Business / Business News /

Few behaviors are as triggering as someone suggesting bad parenting — your bad parenting. Perhaps a co-worker innocently wonders whether you ever cook homemade meals for your kids, or a teacher’s email suggests that all kindergarten parents chaperone field trips.

You think, “Ugh, I’m a horrible parent.”

Rather than looking at these ...Read more

Jane Tyska/San Jose Mercury News/TNS

Damning day in Elizabeth Holmes trial: Pfizer did not OK Theranos' use of its logo, witness testifies

Business / Business News /

In a damning morning of testimony Friday, jurors in Elizabeth Holmes’ criminal fraud trial heard that Theranos used the Pfizer logo and claimed the pharmaceutical giant had validated its technology in 2010, while a former Pfizer scientist testified that he had dismissed the blood-testing technology two years earlier and knew of no one at ...Read more

Yuri Gripas/Abaca Press/TNS

Donald Trump's new media venture sees its stock price soar

Business / Business News /

Shares of Donald Trump’s new conservative media venture nearly doubled this week, mostly fueled by Reddit-online daytraders, but some well-known hedge funds turned out to be early investors as well.

Trump Media & Technology Group merged with a shell company called Digital World Acquisition Corp. (NASDAQ: DWAC) as a way to go public. The ...Read more

Ron Adar/Zuma Press/TNS

Citi becomes first Wall Street bank to agree to racial audit

Business / Business News /

Citigroup Inc. became the first Wall Street bank to agree to do a deep dive into its business to see if, and how, it contributes to racial discrimination.

The audit will be conducted by attorneys at Covington & Burling LLP, Citigroup said Friday on its website. The bank said the audit will focus on its 2020 commitment to dedicate $1 billion ...Read more

Scott Olson/Getty Images North America/TNS

Workers are fed up. But is this really #Striketober?

Business / Business News /

When the United Auto Workers union met John Deere management last month to hash out a labor agreement for 10,000 machine workers, they thought they had a deal: a tentative contract that would give immediate raises of at least 5%, followed by 3% pay bumps in 2023 and 2025.

Union leaders said the agreement contained “significant economic gains....Read more

Dreamstime/Dreamstime/TNS

Google takes up to 42% from ads, states say in antitrust case

Business / Business News /

Google takes up to 42% of the money paid for digital ads published online, according to a newly unsealed court filing by states that claim the search and advertising giant abuses its monopoly power in online advertising to limit competition and harm consumers.

The Alphabet Inc. unit runs the biggest electronic marketplace in the world, ...Read more

Dreamstime/TNS

The Week Ahead: What's in a name? It shouldn't matter to Facebook shareholders

Business / Business News /

Facebook, by any other name, has a problem. It’s not a profit growth problem – at least not right now. It is a bruised and battered corporate image as a social media bully.

Facebook is used to the spotlight, and it has thrived under pressure from the public and politicians for its laissez-faire approach, even though it’s the company’s ...Read more

Mandi Wright/Detroit Free Press/TNS

Stellantis announces second North American battery plant with Samsung

Business / Business News /

The maker of Jeep SUVs and Ram pickup trucks on Friday announced plans for a second joint venture to build a second battery plant in North America — this time with Samsung SDI.

Stellantis NV and the Korean manufacturer said, after entering into a memorandum of understanding that is subject to regulatory approvals, they are planning for a ...Read more

Paul Brady/Dreamstime/TNS

Markets bet inflation is hot enough to spur reluctant rate hikes

Business / Business News /

Investors are stepping up bets that the world’s key central banks will raise interest rates sooner than they’d planned, and faster than they’d like.

Global bonds are headed for their worst year since 2005, according to a Bloomberg index, with traders seeing rate hikes in the pipeline across developed economies.

That’s because they ...Read more

Scott Olson/Getty Images North America/TNS

Think everything's expensive now? Get ready for what's next

Business / Business News /

Consumers around the world are about to get socked with even higher prices on everyday items, companies from food giant Unilever Plc to lubricant maker WD-40 Co. warned this week as they grapple with supply difficulties.

The maker of Dove soap and Magnum ice cream bars jacked up prices by more than 4% on average last quarter, the biggest jump ...Read more

Eric Seals/Detroit Free Press/TNS

Held up at nation's shipping ports: Thousands of ugly Christmas sweaters and other yuletide paraphernalia

Business / Business News /

Go back just a year ago and it wouldn't have mattered that three 40-foot corrugated metal shipping containers stuffed with thousands of ugly holiday sweaters couldn't make their way out of a California port.

Who was going out to the bars? Or heading to a big family dinner? Who worried about buying a new quirky sweater when life looked grim as ...Read more

Zoox/TNS/TNS

Amazon's self-driving cars are coming to downtown Seattle. Safety advocates are not pleased

Business / Business News /

Tech-industry experts, city planners and even Gov. Jay Inslee have touted self-driving cars as a panacea, cutting congestion and vehicle emissions while reducing collisions.

But an announcement last Monday from Amazon's self-driving car unit Zoox that it will soon start testing its autonomous vehicles in downtown Seattle drew criticism from ...Read more

Ford Motor Co./Detroit Free Press/TNS

Study compares electric vehicle charge costs vs. gas -- and results were surprising

Business / Business News /

Last year Patrick Anderson went electric: He got a Porsche Taycan EV in dark blue.

Anderson, who is CEO of East Lansing, Michigan-based economic consulting firm Anderson Economic Group, loves the zippy acceleration and "exciting" features the car offers. He also gets satisfaction in knowing that driving an EV benefits the environment, he said. ...Read more

Mark Phelan/Detroit Free Press/TNS

Mark Phelan: Finding an electric vehicle charging station shouldn't be game of hide-and-seek

Business / Business News /

I get emails regularly from readers saying they'll never buy an electric vehicle because there's no place nearby to charge it.

They're nearly always wrong, but it's not their fault: The electric vehicle charging industry does a miserable job letting people know where to find chargers.

"People are largely unaware of the existing EV charging ...Read more

Cadillac/Cadillac/TNS

Auto review: Last of the breed, best of the breed. Cadillac CT4-V and CT5-V Blackwings can absolutely fly

Business / Business News /

WAMPUM, Pennsylvania — The trouble with straightaways is they have to end.

With 668 horses howling in my ears, I bang the gearshift into fourth through the kink on Pittsburgh International Race Complex's back straight and the supercharged 6.2-liter V-8 engine in the 2022 Cadillac CT5-V Blackwing wants to take me to the moon.

The sound is ...Read more

MARK PHELAN/Detroit Free Press/TNS

Auto review: Rivian R1T: The first electric full-size pickup has a cartoon guardian, 800-plus hp

Business / Business News /

The Rivian R1T, the first electric full-size pickup, just went on sale, and it's clearly ready to challenge luxury vehicles like Land Rovers, with head-snapping power and eye-popping technology. Priced starting at $73,000, the R1T makes no pretense of competing with upcoming mass market electric pickups like the Ford F-150 Lightning that arrives...Read more

Audi/TNS/TNS

Auto review: The 2022 Audi A3 is the perfect antidote to a world filled with crossover SUVs

Business / Business News /

DENVER – If you’re shopping for a new vehicle, odds are it’s an SUV or pickup, not a sedan nor a sports car. Those last two categories are seeing their sales shrivel faster than American civility. And yet these are the vehicles that provide the most pleasure, especially one with talents that cut across both the sedan and sports car ...Read more