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TikTok digs in to fight US ban with 170 million users at stake
Four years ago, when the Trump administration threatened to ban TikTok in the U.S., its Chinese parent company ByteDance Ltd. worked out a preliminary deal to sell the short video app’s business. Not this time.
Once again, the U.S. government is aiming to shut down TikTok unless it’s divested from Beijing-based ByteDance. But the company ...Read more
As Boeing faces new scrutiny, families of Max crash victims still in limbo
In the five years since two Boeing 737 Max crashes left hundreds grieving around the globe, the families who lost loved ones have been quietly fighting a legal battle against the airplane manufacturer.
Both crashes — killing 189 people in Indonesia in October 2018 and 157 people in Ethiopia four months later — were caused by flawed flight ...Read more
TikTok digs in to fight US ban with 170 million users at stake
Four years ago, when the Trump administration threatened to ban TikTok in the U.S., its Chinese parent company ByteDance Ltd. worked out a preliminary deal to sell the short video app’s business. Not this time.
Once again, the U.S. government is aiming to shut down TikTok unless it’s divested from Beijing-based ByteDance. But the company ...Read more
Elon Musk and Tesla: Is the CEO's controversial behavior responsible for company's struggles?
The richest man in the world says and does what he wants. And often, it’s contentious and provocative.
Tesla CEO Elon Musk has attacked U.S. election integrity, embraced white-supremacist propaganda and accused President Joe Biden of treason. He even smoked pot on Joe Rogan’s provocative podcast.
Today, the pioneering electric-car company ...Read more
National grocery chains try going small in New York City
NEW YORK — Some big-name national grocery chains are testing the waters of a scaled-down approach in New York City, opening grab-and-go-style mini stores to whet the appetites of busy locals and possibly lure new customers by expanding to more neighborhoods.
Trader Joe’s opened a relatively small store in March dubbed Pronto on 14th Street ...Read more
'Keeps the momentum': What the UAW's Volkswagen win means for its organizing campaign
The United Auto Workers’ organizing victory at Volkswagen AG's plant in Tennessee is a critical early momentum-builder as the union turns to more auto and battery plants across the South, experts say, but further successes aren't a foregone conclusion.
The Volkswagen landslide in Chattanooga, where 73% of voting workers backed UAW ...Read more
Thrivent has found a way for everday folks to get a piece of the private equity market
Private equity has been an outperforming investment options for years, but it's not been an option for most investors.
Private equity investment options have generally been reserved for institutional investors or people who have at least $5 million or more to commit. That has left the bulk of investors watching from the lobby.
Now Minneapolis-...Read more
Motormouth: Benefits of a gentle stop?
Q: I have come across motorists whose brake lights come on hundreds of feet before a stop light. Brake lights come on, the vehicle immediately slows and it eventually comes to a complete stop at the light. Strictly in terms of brake wear, does a gentle stop over a long distance and time wear out the brakes less than a firmer stop (no skid marks)...Read more
China's highflying EV industry is going global. Why that has Tesla and other carmakers worried
TAIPEI, Taiwan — The U.S.-China rivalry has a new flashpoint in the battle for technology supremacy: electric cars.
So far, the U.S. is losing.
Last year, China became the world's foremost auto exporter, according to the China Passenger Car Association, surpassing Japan with more than 5 million sales overseas. New energy vehicles accounted ...Read more
Georgia demands Rivian secure, maintain factory site
Electric vehicle maker Rivian said it is working to secure and maintain the site of its planned Georgia factory, as well as preparing the land for vertical construction as soon as it can move forward with the $5 billion project.
Letters exchanged by Rivian and lawyers for the state of Georgia and a local joint development authority show the ...Read more
New York Post cuts newsroom staff in 'restructuring'
The New York Post is cutting newsroom staffers as part of what the company is calling a restructuring, Post reps confirmed Friday.
“Unfortunately, today’s changes means some of our colleagues will be leaving us,” staffers learned in a memo signed by CEO Sean Giancola and Editor-In-Chief Keith Poole that was posted by a CNN reporter. “...Read more
California returns to job growth in March, but unemployment rate remains highest in nation
For the second month in a row, California posted the highest unemployment rate in the country, according to new data for March. And it was one of only two states, the other being Nevada, with a March jobless rate above 5%, said the Bureau of Labor Statistics.
On the positive side, data released Friday by the state's Employment Development ...Read more
Chewy's new vet care clinics aim to revolutionize the pet business again
Born in South Florida in 2011, Chewy upended the pet food business by providing online ordering, fast delivery, and personal touches like birthday cards adorned with actual paintings of pet customers.
Now among the nation’s largest pet supply retailers, the company took the first step this week in an effort to disrupt another traditional pet-...Read more
Sony in talks to team with Apollo to bid for Paramount
Sony Pictures Entertainment is in talks to join Apollo Global Management in its $26 billion bid for Paramount Global — a partnership that would boost the private equity firm's efforts to wrangle the prize.
While the talks are preliminary, the two sides have been hashing out the contours of a deal that would have the Culver City, California-...Read more
Tesla co-founder JB Straubel has built an EV battery colossus
In the scrublands of western Nevada, Tesla co-founder JB Straubel stood on a bluff overlooking several acres of neatly stacked packs of used-up lithium-ion batteries, out of place against the puffs of sagebrush dotting the undulating hills. As if on cue, a giant tumbleweed rolled by. It was the last Friday of March, and Straubel had just struck ...Read more
Michael Hiltzik: California's salmon industry faces extinction -- not because of drought, but politics and government policies
Snapshots from an environmental and economic disaster:
Kenneth Brown, the owner of Bodega Tackle in Petaluma, California, reckons he has lost almost $450,000 in the last year.
"I haven't taken a paycheck in seven or eight months," he says. He has had to lay off all but one employee, leaving himself, his son and the one remaining worker to run ...Read more
Right-wing conservatives object to Vista's deal to sell Federal ammunition to Czech firm
More conservative lawmakers are putting pressure on Treasury Secretary Janet Yellen to quash a Czech company's bid for Minnesota-based Federal and other ammunition brands owned by Vista Outdoor.
Sen. John Kennedy of Louisiana became the latest Republican to send a letter to Yellen in her capacity of chair of the Committee of Foreign Investment ...Read more
How Ford's most profitable business is defying the EV slump
While malaise sets in across much of the electric vehicle market, there’s a corner that’s still going strong, where buyers like Chris Russo show little concern about high prices or range anxiety or spotty charging infrastructure.
The co-founder of Elite Home Care, a South Carolina-based company, bought his first EV more than two years ago �...Read more
Auto review: Flat out in the Hyundai Ioniq 5 N electric track rat
LAGUNA SECA, California — Out of slow, 90-degree Turn 11 onto the Laguna Seca Raceway’s pit straight, my 2025 Hyundai Ioniq 5 N performance SUV instantly put down 545 pounds of torque and 601 horsepower to all four fat Pirelli P Zero performance tires. No downshift to second gear. No turbo lag. Just pure thrust. Zot! Seconds later, the EV ...Read more
Auto review: 2024 Lexus TX PHEV displays beauty and luxury
You heard it here first! As a Volvo fan myself, I don't see a lot of manufacturers that do it better, as the competition seems to always be chasing Volvo’s design, comfort and pricing. But with Lexus sharpening their pencil, we may have ourselves something here. I give you the 2024 Lexus TX550h+ Luxury.
This six-passenger hybrid SUV takes a ...Read more
Popular Stories
- Motormouth: Benefits of a gentle stop?
- National grocery chains try going small in New York City
- Elon Musk and Tesla: Is the CEO's controversial behavior responsible for company's struggles?
- TikTok digs in to fight US ban with 170 million users at stake
- False offers of cash subsidies used to 'capture' health insurance customers, lawsuit alleges