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Clarence Tabb Jr./The Detroit News/TNS

Profit-rich Ram brand is key to Stellantis turnaround, CEO says

Business / Business News /

Stellantis NV CEO Antonio Filosa indicated Thursday that Ram will play a major role in the struggling automaker's turnaround effort, thanks to the brand's profit margins, brand equity and global footprint — plus high-profile product plans that include its first full-size SUV and a midsize pickup.

"Ram has many superpowers," Filosa said during...Read more

Andy Cross/The Denver Post/TNS

Colorado regulators approve keeping coal plant open past retirement date while Xcel repairs another

Business / Business News /

One of the units at the Comanche coal-fired plant operated by Xcel Energy near Pueblo can stay open a year longer than planned to fill the gap while the site’s largest facility, the chronically troubled Comanche 3, remains out of commission.

The Colorado Public Utilities Commission agreed Wednesday to extend the life of Comanche 2, which was ...Read more

Justin Sullivan/Getty Images North America/TNS

California hammered as national job cuts jump to a five-year high

Business / Business News /

Job cuts across the country are the highest they have been in five years, led by layoffs in California and cutbacks in Washington.

California employers announced 173,022 job cuts from January to November, up nearly 14% from the same period last year, according to the latest monthly report from outplacement firm Challenger, Gray & Christmas.

...Read more

Armando L. Sanchez/Chicago Tribune/TNS

Chicago Tribune sues Perplexity AI for copyright infringement

Business / Business News /

The Chicago Tribune filed a copyright infringement lawsuit Thursday in New York federal court against Perplexity AI, alleging the California-based startup has been unlawfully profiting off the newspaper’s content in building its AI-driven search engine.

The complaint challenges the unauthorized use of often fully reproduced Tribune reporting ...Read more

Al Seib/Los Angeles Times/TNS

Paramount blasts Warner Bros. Discovery as auction nears contentious end

Business / Business News /

As the high-stakes auction for Warner Bros. Discovery nears its end, Paramount is crying foul, alleging the process was tipped in favor of a competing bidder: Netflix.

In a scorching letter sent to Warner Bros. Discovery Chief Executive David Zaslav late Wednesday, Paramount's lawyers accused Zaslav's company of not playing fair.

"WBD appears ...Read more

Leandro Lozada/AFP/Getty Images North America/TNS

UPS hit with first wrongful death lawsuits from Louisville plane crash

Business / Business News /

The families of two of the victims killed in the Nov. 4 crash of UPS Flight 2976 near Louisville Muhammad Ali International Airport have filed the first wrongful death lawsuits against the Atlanta-based company for the incident.

The plane was full of jet fuel and bound for Honolulu as it failed to successfully take off that evening.

The left ...Read more

TOM GRALISH/The Philadelphia Inquirer/TNS

More New Yorkers want apartments in the Philly area

Business / Business News /

More out-of-towners and fewer locals are searching for rental homes in the Philadelphia region, with New Yorkers leading the way. No word on whether they plan to become Eagles fans.

In an analysis of the country’s 50 largest metropolitan areas, Philadelphia had the second-largest drop in local rental demand since before the pandemic, as ...Read more

Kara Gildea/Las Vegas Review-Journal/TNS

New project in Las Vegas inspired by 'grungy' Copenhagen complex

Business / Business News /

A Las Vegas developer has built a project in the Arts District area that is designed to look like converted shipping containers filled with food-and-beverage outlets.

KLA Capital owner Adam Foulad finished construction earlier this year on The Distrikt. The project, near the northeast corner of Commerce Street and Wyoming Avenue, has eight ...Read more

DREAMSTIME/TNS

Bayer sues AIG insurance to help with legal bills as Roundup claims top $10 billion

Business / Business News /

CLAYTON, Missouri — Bayer is suing insurance giant AIG, alleging decades-old insurance policies should have helped cover billions of dollars in legal costs from Roundup and PCB cases now being shouldered by the German company.

In the suit, Bayer alleges that AIG and subsidiaries have refused “to honor their contractual obligations to ...Read more

Neo Hopkins/The Detroit News/TNS

Detroit Three struggle in reliability ranking, but two brands are up

Business / Business News /

Detroit Three automakers again struggled compared to their Asian competition in Consumer Reports' annual brand reliability rankings.

Toyota, Subaru, Lexus and Honda took the top four spots in this year's new car rankings released Thursday. BMW slotted in fifth as the top European automaker.

At the bottom were Chrysler, GMC, Jeep and Ram, with ...Read more

Real estate Q&A: Is it better to rent or buy when I move for a new job?

Business / Business News /

Q: I’m relocating to a new area a few hours away for a job. I plan to stay there for the long term. I’m unsure whether I should buy a new house or rent one. What are your thoughts? —Charles

A: Moving to a new area for a job is an exciting opportunity, but it also involves important decisions, one of the biggest being whether to buy a ...Read more

Miguel J. Rodriguez Carrillo/Getty Images North America/TNS

Amazon to pay $3.7M to settle Seattle labor law investigation

Business / Business News /

Amazon is paying a more than $3.7 million settlement after the Seattle Office of Labor Standards investigated allegations that the company's Flex business violated the city's protection law for gig and app-based workers.

The settlement is the second-largest in the office’s history, director Steven Marchese said.

Amazon Flex contracts with ...Read more

Yong Kim/The Philadelphia Inquirer/TNS

Good government fix or a demolition derby? Historic preservation bill is provoking debate in Philadelphia

Business / Business News /

Historic preservation advocates are sounding the alarm about legislation from Councilmember Mark Squilla, which they argue would weaken existing protections in Philadelphia.

The bill, introduced Nov. 20, would institute changes to the city’s Historical Commission, which regulates properties on the Philadelphia Register of Historic Places and ...Read more

Las Vegas Review-Journal/Las Vegas Review-Journal/TNS

Rooftop solar panels could be a hindrance for home sellers, real estate agents say

Business / Business News /

LAS VEGAS — Solar panels have become a “hindrance” for some luxury home sellers and potential buyers in Las Vegas, according to some real estate agents.

A recent national Re/Max survey found that wellness features such as spas, saunas and pickleball courts now outrank green features such as solar panels for preferred amenities, and Robert...Read more

Kevin Clark/The Seattle Times/TNS

A Seattle shipyard charts major growth even as US shipbuilding struggles

Business / Business News /

Sometime early next year, the Snow & Co. boatyard in Seattle’s Fremont neighborhood will roll out its 180th boat.

It’s a major milestone for a family-owned company that only started building boats in 2012 — and an exception in an industry better known for closures and consolidation.

Part of that success is down to owner Brett Snow’s ...Read more

ALEXIS HUGUET/AFP/Getty Images North America/TNS

Apple, Tesla accused of profiting from horrific abuses, environmental destruction

Business / Business News /

Apple and Tesla are accused in a pair of lawsuits of engaging in “deceptive marketing” of their products, by suggesting to consumers that they’re manufactured ethically and sustainably, while both companies allegedly use raw materials linked to child labor, forced labor, gang rape, torture, killings, poisoned rivers and ruined crops.

The ...Read more

Natrice Miller/The Atlanta Journal Constitution/TNS

Earth needs more energy. Atlanta's Super Soaker creator may have a solution

Business / Business News /

The old warehouse strip reborn as the Lee + White development is a popular destination for anyone seeking a bite or a beverage on the Atlanta Beltline’s Westside Trail. But steps from the breweries and eateries inhabiting much of the space, serious science is taking place.

In an industrial space at the complex’s north end, engineers in blue...Read more

Shae Hammond/Bay Area News Group/TNS

Third attempt to repeal Prop. 19's tax burden on inherited property aims for 2026 California ballot

Business / Business News /

When Sheri Duffy and her ailing mother, Jean, voted for Proposition 19 five years ago, an ad campaign running during episodes of “Judge Judy” convinced them the measure would provide what its title promised: “Home Protection for Seniors, Severely Disabled, Families, and Victims of Wildfire or Natural Disasters.”

Campaign mailers praised...Read more

Jason Redmond/AFP/Getty Images North America/TNS

FTC clears Boeing takeover of supplier Spirit AeroSystems, with a few limits

Business / Business News /

The Federal Trade Commission has cleared Boeing’s acquisition of supplier Spirit AeroSystems, clearing the way for the merger to move forward.

Boeing’s $4.7 billion acquisition of Spirit has been pending since June 2024, when the manufacturer announced it would fold the troubled supplier back into its company after spinning Spirit out 20 ...Read more

Patrick Tehan/Bay Area News Group/TNS

Plans for huge new oceanfront battery storage plant are withdrawn following disastrous Moss Landing fire

Business / Business News /

The Texas company that owns the battery storage plant at Moss Landing, California, that burned in a spectacular fire in January, raising questions nationwide about the safety of the fast-growing renewable energy technology, has withdrawn plans to build a similarly-sized battery storage plant in the adjacent county.

Vistra, based in Dallas, has ...Read more