Business
/ArcaMax
Aldermen say they are negotiating new sweeteners for Chicago parking meters lease
Chicago aldermen say they are close to sweetening the deal on the city’s infamous parking meter privatization by prying key concessions from the system’s prospective new buyer.
A group of aldermen announced Tuesday that they have agreed with Stonepeak Partners on a deal under which the city would receive a $75 million lump payout and get 5%...Read more
OpenAI says it's working with Anthropic, Google on AI safety
OpenAI is working on steps to address artificial intelligence safety issues with its top competitors Anthropic PBC and Google DeepMind, escalating industry efforts to respond to a groundswell of concern that the technology poses an economic and security threat.
Chris Lehane, the global policy chief for OpenAI, said Tuesday that the company’s ...Read more
Trump's openness to Chinese vehicle assembly in US ripped by UAW leader
LANSING, Michigan — United Auto Workers President Shawn Fain blasted the idea of the federal government allowing a Chinese company to manufacture cars in the United States, something President Donald Trump recently suggested might be possible.
At a UAW conference on Sept. 15 in downtown Lansing, Fain said Trump's comments represented "a slap ...Read more
Trade schools see enrollment bumps as students worry about AI, job security in white-collar work
When Dennis Wilke took the helm of Rosedale Technical College 21 years ago, the Kennedy Township, Pennsylvania, school offered three programs and enrolled primarily lower-income students.
The college has since added six new programs, all of which are in high demand and growing. This past school year, Rosedale Tech reported its highest ...Read more
Google DeepMind staffer says AI may 'kill us all' in exit post
An AI researcher who recently resigned from Google DeepMind warned humanity is running out of time to prevent artificial intelligence from causing widespread harm, the latest staffer to voice concerns about the direction of the technology.
“At Google, I witnessed AI development first hand. I too am extremely concerned by the default ...Read more
Pacific Northwest power crunch starts with AI. The bigger challenge may come after
The Northwest is preparing for its largest grid build-out in decades to meet a historic surge in electricity demand, expected to cost billions of dollars.
The problem is, nobody really knows how big it needs to be.
The region could need between 40% and 100% more electricity in the next two decades, according to the Northwest Power and ...Read more
Paramount's possible Hollywood exit puts Los Angeles on edge
LOS ANGELES — Paramount Skydance Chief Executive David Ellison faces a pivotal decision: Should he uproot his Hollywood studio — the birthplace of such film classics as "Sunset Boulevard," "The Godfather" and "Beverly Hills Cop"?
Paramount floated shifting its home base to Tennessee or Texas in July, hoping to deter California Attorney ...Read more
S&P 500 seen dropping 10% on Fed hikes, MRA strategist says
Potential Federal Reserve rate hikes starting this week could spur a correction in the S&P 500 as reduced corporate margins hurt profit outlooks and markets brace for a tightening cycle, according to Macro Risk Advisors LLC.
The S&P 500 has dropped nearly 1% so far in September, historically its weakest month, amid concerns over elevated energy...Read more
US 10-year breaches 5% as inflation, supply worries mount
The U.S. 10-year Treasury yield surpassed 5% for the first time since 2023 on Monday, as mounting inflation angst collided with swelling government and corporate borrowing needs.
The yield, a benchmark for U.S. mortgage loans and bonds globally, rose almost 5 basis points to as high as 5.01%, before paring much of the increase as buyers emerged...Read more
Talk of AI pause slams Nvidia, AMD and Intel as fears of doomsday scenarios spread
Artificial intelligence stocks tumbled on Monday after American leaders of the AI revolution called for a coordinated slowdown in building more powerful AI systems.
Over the weekend, Dario Amodei, the chief executive of Anthropic, published an essay titled "We Must Pace the Frontier," calling for an industrywide effort to slow AI development. ...Read more
Microsoft sets its own AI guardrails amid rising industry concerns
As top artificial intelligence labs call for a slowdown in the development of the technology, Microsoft released a code of conduct for how it plans to clamp down on its own AI models.
“At Microsoft AI, we begin with a simple premise: people matter more than AI,” the company said in a Monday blog post.
Microsoft AI CEO Mustafa Suleyman told...Read more
Small banks at forefront of battle against crypto bill
A push by the cryptocurrency industry to pass a monumental piece of federal legislation has run into a small, but loud, foe: an army of rural community banks.
Randy Dorn, who leads My Kind of Bank in the small northwest Minnesota town of Battle Lake, is among them and said the legislation as written will create unfair competition for banks like...Read more
Mark Carney said no to Donald Trump. Now he must contend with the economic fallout
For Mark Carney, walking away from trade talks with U.S. President Donald Trump was politically popular. Now Canada’s leader has to contend with a more difficult economic reality.
The new 50% tariffs on $20 billion of Canadian goods will hammer many small- and medium-sized businesses, including family firms, that up to this point have been ...Read more
Bank begins foreclosure process for St. Paul's Summit Brewing
Summit Brewing Company’s lender has begun foreclosure action against the brewery.
BMO Bank has requested the appointment of a general receiver over the St. Paul, Minnesota, business and its assets.
According to Ramsey County Court documents, Summit took out loans that totaled more than $8 million in 2024 as the craft brewing bubble began to ...Read more
Tribune News Service correction
___
Former employee sues Activision Blizzard, claiming sexual harassment and discrimination
____
A former employee of Activision Blizzard is suing the Santa Monica-based game company, alleging she was sexually harassed and subject to retaliation.
In a lawsuit filed in Los Angeles County Superior Court on Wednesday, the woman, filing ...Read more
Los Angeles renters dream of Las Vegas, but outsiders steer clear of LA, survey shows
Los Angeles renters are looking for a way out, while few outsiders are looking for a way in.
According to a recent Zillow report, L.A. residents are the most likely to be checking out rentals in Las Vegas. They also make up the largest out-of-town demographic window shopping for rentals in Phoenix, Salt Lake City and San Diego.
For L.A. ...Read more
AI use is straining customer loyalty. It's playing out in a local grocery store
NORTH MANKATO, MINN. — Shantelle Colum, a 33-year-old artist, loved supporting small local businesses, especially Seoul Foods, the newly opened Asian grocery store near her.
Then this summer, Colum noticed Seoul Foods’ ads on Facebook weren’t showing real pictures of delicious dumplings or spicy ramen noodles. Instead, she saw computer-...Read more
Qualcomm aims to make everything smart with these new processors
Qualcomm debuted two new processors this month, its latest step toward integrating intelligence into seemingly everything.
The Q-2390 and IQ-2390, which were unveiled Sept. 1, fall under the company’s Internet of Things, or IoT, business — one of Qualcomm’s fastest-growing sectors — building hardware and software that make things like ...Read more
With its recovery at stake, Boeing sweetens offer to white-collar union
Boeing has made a second contract offer to its white-collar engineering and technicians union, hoping again to avoid a costly strike after union members rejected the company’s first offer in August.
The new offer comes just days after Boeing and the Society of Professional Engineering Employees in Aerospace, or SPEEA, returned to the ...Read more
Amodei, Altman call for slowing AI model development
Leaders of the world’s biggest artificial intelligence platforms said it’s time to slow the development pace of their most advanced — and most lucrative — models, citing escalating risks of the technology.
Anthropic PBC Chief Executive Officer Dario Amodei issued a lengthy blog post Saturday saying his company would implement new safety...Read more
Popular Stories
- Mark Carney said no to Donald Trump. Now he must contend with the economic fallout
- Small banks at forefront of battle against crypto bill
- Google DeepMind staffer says AI may 'kill us all' in exit post
- Paramount's possible Hollywood exit puts Los Angeles on edge
- Bank begins foreclosure process for St. Paul's Summit Brewing









