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Amazon bars customers from seeking class-action lawsuits
Amazon just made it harder for customers to take it to court.
On Friday, the Seattle-based e-commerce giant sent its customers an email informing them the company had updated its terms to include an arbitration agreement and class-action waiver.
The new language reinstates a bulwark the company removed five years ago when it was overwhelmed by...Read more
Billionaire Mark Cuban blasts 'insane' Ro Khanna wealth tax proposal
Mark Cuban lashed out at Silicon Valley Congressman Ro Khanna over the Democratic lawmaker’s proposal that the government should lend money to billionaires with large paper fortunes to help them pay wealth taxes.
“Ro, that’s insane. You want the state to loan money to the founder, who will then immediately give it back to the state as a ...Read more
Dollar extends slide as traders scale back Fed tightening bets
The dollar fell to its weakest level in three months as investors scaled back expectations for further Federal Reserve interest-rate increases following a run of softer U.S. economic data.
The Bloomberg Dollar Spot Index dropped for a third day, touching its lowest level since May 15 after falling as much as 0.3%. The decline came as traders ...Read more
Bally's issues going concern warning over liquidity issues following construction slowdown at Chicago casino
CHICAGO — Days after pausing construction on nearly all non-gaming amenities at its $1.7 billion casino complex going up in River West, Bally’s Corporation issued a going concern warning related to liquidity issues.
The warning, part of Bally’s second quarter earnings filing Friday with the Securities and Exchange Commission, states that ...Read more
Stellantis recalls 955,000 vehicles. See which models are affected
Chrysler parent Stellantis NV said it's recalling about 848,000 Chrysler, Dodge, Jeep and Ram vehicles in the United States due to radio software that can prevent rearview cameras from operating properly.
The glitch, which results in the rearview camera image not appearing on the media screen, affects various 2026 and 2027 model year Chrysler ...Read more
'How can you not build an Asian mall?' He saw the Bay Area shift and launched a trend
Perhaps no one has done more to bring Asian shopping centers to communities across the Bay Area than John Luk.
Luk launched his career in commercial real estate years after arriving in the South Bay from Hong Kong for a career in nursing. But noticing the lack of Asian grocery stores and banquet halls as demographics shifted in the South Bay, ...Read more
Evan Ramstad: How Northern Tool moved production to Minnesota when tariffs ruled out China and Mexico
Few Minnesota companies have navigated monumental disruptions to their business model as well as Northern Tool + Equipment, the 45-year-old maker and retailer of hydraulic tools based in Burnsville.
And, as the Trump administration continues trying to impose tariffs that affect U.S. businesses, Northern Tool provides a glimpse into the work ...Read more
Commentary: Small businesses despise Trump's tariffs -- for good reason
Mere hours after the Trump administration's latest tariff scheme launched on July 24, the government was sued again by the same small businesses that had already defeated prior White House tariff shenanigans, most notably at the Supreme Court. As Bloomberg Law reported, these companies are part of an “increasingly vocal cohort of business ...Read more
Under Armour and Dwayne 'The Rock' Johnson end decade-long partnership
BALTIMORE — Dwayne “The Rock” Johnson and Under Armour are parting ways after a nearly 10-year partnership, a spokesperson for the company confirmed.
Johnson, a WWE wrestler turned actor, launched “Project Rock” in 2017, a brand that included sportswear, sneakers and other accessories.
“After an impressive 10-year run, Under Armour...Read more
California Uber and Lyft drivers' union could be certified in less than 30 days
LOS ANGELES — Uber and Lyft drivers in California are a step closer to unionizing after state regulators confirmed the budding union had gained enough support to be certified.
Rideshare drivers have been fighting for a union for more than a decade to have more say in their pay, working conditions and benefits.
The California Public ...Read more
Josh D'Amaro pledges new stories and experiences in first address as CEO to Disney faithful
LOS ANGELES — In his first address to the Disney faithful as chief executive, Josh D'Amaro pledged that Walt Disney Co. would create new stories and experiences at the D23 fan event Wednesday night in Anaheim.
D'Amaro was greeted like a rock star during the Burbank media giant's film and TV presentation as the assembled crowd of more than 12,...Read more
Twist cap maker announces layoffs as California's wine industry struggles
A California wine cap maker is laying off more than 60 employees at a Modesto facility.
The company, G3 Enterprises, said the challenges faced by the broader wine industry — declining consumer demand, inflation, rising expenses and increased competition — prompted the cuts.
"Like many companies in our industry, we have experienced changes ...Read more
Extreme Six Flags roller coaster has been closed for over a month while state officials investigate
The X2 roller coaster at Six Flags Magic Mountain in Valencia has been shut down for more than a month while state safety officials continue an investigation involving the attraction.
The ride, first opened in 2002 as X, has been the subject of controversy and at least one high-profile lawsuit stemming from a 22-year-old man's death. Six Flags ...Read more
Tyson to close more beef plants as cattle shortage drags on
Tyson Foods Inc. is closing more beef plants as a prolonged cattle shortage continues to force the U.S. beefpacking industry’s restructuring.
The country’s largest meatpacker said it would cease operations at an Illinois beef plant and a Utah case-ready facility, while also pursuing the sale of another beef plant in Washington. The moves ...Read more
Waymo wins approval for drastic expansion in Los Angeles, Bay Area regions
Waymo’s robotaxis will soon roam a much larger portion of California as the company received approval to expand across 18 counties.
The California Public Utilities Commission gave Waymo permission to operate in San Diego and Sacramento, as well as in communities in Marin, Napa, Orange and Riverside counties, among others.
The approval will ...Read more
Jury awards $29 million to family of another Max crash victim
A jury awarded $29 million to the family of an Irish United Nations worker who died when a Boeing 737 Max fatally crashed in Ethiopia in 2019.
Michael “Mick” Ryan was one of 157 people on board the fatal flight, the second of two deadly crashes in a matter of months involving Boeing’s then-new plane. In October 2018, a Boeing 737 Max ...Read more
Trump's 100% tariff on drones deepens US-China tech decoupling
The Trump administration is imposing tariffs of as much as 100% on imported drones and their components, escalating efforts to reduce U.S. reliance on foreign suppliers and potentially accelerating a decoupling of drone supply chains with China.
The top rate will apply to heavier drones — weighing more than 25 kilograms — or those that ...Read more
Auto review: Ioniq is a techno-cool EV that's easy to own -- starting at $35,000
I have to admit that when I first saw this car in photos, I thought it looked stupid. I mean, as a Gen-Xer I liked the ‘80s vibe, but it was a shock in a sea of sleek futuristic Teslas and Mercedes. However, after seeing and spending time with the 2026 Hyundai IONIQ 5 Limited in actual daylight — and moonlight — I’ve come to like it very...Read more
Walmart and Target are buying robots at record numbers. Here's why your job is safe
Retailers are buying robots in record numbers, and you’ve probably seen them in stores around San Diego.
San Diego robotics company Brain Corp has deployed more than 50,000 robots around the world with its AI software and reported record growth of 68% in sales this year. Now these robots are working overtime in stores from Walmart and Sam’s...Read more
GM, Ford secure Army truck contracts under new national security rules
General Motors Co. and Ford Motor Co. have secured contracts to build prototype tactical trucks for the U.S. Army under new rules signed by President Donald Trump limiting access to China-sourced materials, parts and software for defense contractors.
"That puts many companies in a bind," Christopher Tang, distinguished professor emeritus ...Read more
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