Sky News funding will increase under Disney ownership, British culture secretary says

Business / Business News /

Rupert Murdoch's 21st Century Fox Inc. just got a step closer to buying European satellite television giant Sky, thanks to new commitments from Fox and Walt Disney Co. to alleviate regulatory concerns.

Fox and Disney have offered to increase funding for the prestigious 24-hour channel Sky News. Under the proposal, Disney will operate the news ...Read more

Trump health plan change may ease insurance costs for some; critics fear it could weaken Obamacare

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Employees of small businesses and self-employed workers may soon be able to get cheaper health insurance under a new federal rule unveiled Tuesday, though critics warn coverage might not be comprehensive and could leave other consumers paying higher prices.

The rule expands the use of association health plans, in which small businesses, ...Read more

Bills headed for California Senate would put limits on payday, auto-title lending

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State legislators killed a bill that would have reshaped much of California's consumer lending market, but two more-modest bills made it through the state Assembly and now move on to the Senate.

One would stop borrowers from taking out more than one payday loan at a time; another would cap interest rates on auto-title loans. Both will be taken ...Read more

Facebook misses another Senate deadline on privacy questions

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Facebook Inc. missed a deadline to respond to questions from two top U.S. senators on its sharing of user data with device makers, the latest delay by the social network in addressing lawmakers' queries about its privacy lapses.

Sens. John Thune and Bill Nelson, respectively the Republican chairman and top Democrat on the Senate Commerce ...Read more

Angry over Fox News coverage, 'Modern Family' co-creator Steve Levitan says he's leaving Fox's TV studio

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"Modern Family" co-creator Steve Levitan announced Tuesday that he will leave Fox's TV production studio, citing his personal disgust with Fox News as the reason.

Fox News and Fox's TV studio are both owned by 21st Century Fox. Levitan said on Twitter that he will leave even if the studio changes ownership, as the parent company is considering ...Read more

Bust to boom: Minnesota's Iron Range revives just as trade war looms

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HIBBING, Minn. -- The taconite mines are back in action, factories are expanding and new stores and restaurants are popping up from Grand Rapids to Silver Bay.

Minnesota's Iron Range is experiencing an economic revival that seemed unlikely as recently as two years ago, when idled mines and job losses battered the region.

"Obviously the entire ...Read more

Uber begins a push to get its drivers into electric cars

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As Uber tries to build its reputation as a good citizen, it's unveiling a new plan: get its drivers to adopt electric vehicles instead of driving cars that burn gasoline.

On Tuesday, the ride-hailing giant announced a yearlong pilot program in which it will provide monetary subsidies to some drivers who use electric vehicles, or EVs; build ...Read more

With 'Roseanne' and Samantha Bee, TV advertisers confront a political minefield

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Television advertising is caught in the crossfire of the country's political battles.

When TV stars such as Roseanne Barr, Samantha Bee and Laura Ingraham get into trouble, advertisers retreat rather than risk having their brand names become collateral damage in the highly charged partisan atmosphere enveloping the media landscape.

By the time...Read more

Testimony begins in Qualcomm's bid to ban imports of some iPhones

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A key milestone in Qualcomm's punishing legal war with Apple kicked off last week with testimony in the San Diego's company's bid to block certain iPhones from being imported into the U.S.

Opening arguments started Friday in the first of two patent infringement cases that Qualcomm has brought against Apple at the U.S. International Trade ...Read more

CFPB nominee Kathy Kraninger faces questions on her role in 'zero tolerance' immigration policy

Business / Business News /

WASHINGTON -- Two Senate Democrats want to know what role Kathy Kraninger, who is President Donald Trump's choice to lead the Consumer Financial Protection Bureau, played in the administration's "zero tolerance" immigration policy as a White House aide.

Kraninger oversees the budgets for the Department of Homeland Security and the Justice ...Read more

Liz Reyer: New job in a new city requires a new approach

Business / Business News /

Q: Lately I have been feeling very insecure and lacking in confidence. It started when I moved to a different city to take a challenging new job. It's been a few months and I just can't seem to get my feet under me. What should I do?

--Celia, 31, graphic designer

A: Build multiple platforms to support you in your new setting to get the best ...Read more

Battle builds around a new product-labeling bill in Congress

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NEW YORK -- A new bill in Congress is raising the hackles of consumer advocates who say it'll give Americans less information about the ingredients in products they buy.

Dubbed the Accurate Labels Act, the bill backed by groups that represent companies such as Kellogg Co. and Dow Chemical Co. seeks to establish federal standards for labeling. ...Read more

Washington state maritime labor headed for a retirement cliff

Business / Business News /

When Capt. Ken Penwell's son was looking for a job, Penwell offered to get him work as a deckhand. Penwell captains hopper dredges for Seattle's Manson Construction, sucking up dirt and clay from river beds.

But Kyle Penwell didn't want to go into his father's career.

"Dad, I don't want to be gone that long from friends and family like you ...Read more

Why settling for a subpar job right out of college can hurt your career for years

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CHICAGO -- Since graduating from college last month, Gabriel Villagomez has been polishing his resume, updating his LinkedIn profile -- and worrying.

Sure, the job market looks promising for new grads. And Villagomez, who plans to apply to medical school, just needs a job to hold him over for a year or so.

But with student loan bills looming, ...Read more

Your Office Coach: Working around a mediocre manager

Business / Business News /

Q: The head of our department is not a good manager. "Dave" has a very short attention span, so our attempts to communicate with him, both verbal and written, often go nowhere.

For example, we have tried to advise Dave about problems with the administrative staff. Our clerical employees ignore proper procedures and show little concern for ...Read more

Troublesome advanced engines for Boeing, Airbus jets have disrupted airlines and shaken travelers

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SEATTLE -- A slew of technical problems with the three most advanced models of jet aircraft engines is widely disrupting operations at airlines, bleeding cash from the engine makers and grounding significant numbers of Airbus and Boeing jets.

The most difficult of the issues has this month left almost 50 Boeing 787 Dreamliners sold to some of ...Read more

Tronc completes LA Times sale, may change corporate name

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Tronc completed its $500 million sale of the Los Angeles Times and San Diego Union-Tribune to biotech billionaire Patrick Soon-Shiong on Monday, ushering in a new era for both the Chicago-based newspaper chain and its former California holdings.

Tronc also is looking to shed its much derided corporate moniker, and bring the Tribune name back in...Read more

Florida has most in the nation to lose from sea rise

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Florida stands to lose more homes -- and real estate value -- to sea-rise damage than any other state in the nation this century, according to a new study.

That conclusion, in a report compiled by the Union of Concerned Scientists, was reached using housing information from Zillow and a flood model from the National Oceanic and Atmospheric ...Read more

Critics say CFPB nominee Kathy Kraninger lacks the experience to be the nation's top consumer financial watchdog

Business / Business News /

WASHINGTON -- Nominees for top federal financial regulators usually have worked in high-level government or private-sector jobs and President Trump had been following that traditional playbook. Until his latest pick.

His choice for Comptroller of the Currency was chief executive of Pasadena's OneWest Bank; the selection for Federal Deposit ...Read more

Veteran journalist Norman Pearlstine named executive editor of the Los Angeles Times

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LOS ANGELES -- Norman Pearlstine, who has spent 50 years in journalism helping shape some of the nation's most prominent publications -- including Time Inc. magazines, Bloomberg News, Forbes and the Wall Street Journal -- on Monday was named executive editor of the Los Angeles Times.

It was the first major move by Dr. Patrick Soon-Shiong, who ...Read more