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US companies added 63,000 jobs in February, ADP data show
U.S. companies added the most jobs since July last month, adding to evidence of some stabilization in the labor market.
Private-sector payrolls increased 63,000 in February after a downward revision to the prior month, according to ADP Research data out Wednesday. The median estimate in a Bloomberg survey of economists called for a 50,000 ...Read more
Tech review: Dangbei DBOX02 Pro is ready for your living room
I love a big TV.
There’s nothing like watching a movie or sporting event on a really big screen, but TVs can get expensive when you’re talking about screens larger than 75 inches.
There comes a price/size where you’ll realize a projector could be a better option, depending on your room setup.
Today we are looking at the Dangbei DBOX02 ...Read more
Apple launches $599 MacBook Neo, threatening Windows PC market
Apple Inc. rolled out the $599 MacBook Neo in its biggest push yet into low-end laptops, aiming to challenge Windows PCs and Chromebooks for budget-minded shoppers.
The machine is $400 less than any new-generation laptop Apple has sold before, coming in well below the now $1,099 MacBook Air. The MacBook Neo will be offered in citrus, silver, ...Read more
Ford's February sales down, but large SUVs resilient
Ford Motor Co.'s U.S. sales declined 5.5% in February from fewer deliveries of electrified vehicles.
The Dearborn automaker sold 149,962 vehicles last month, down from 158,675. Following the end of the federal plug-in vehicle tax credit in September, sales of all-electric vehicles declined by 71%, while hybrids fell almost 22% following the end...Read more
Trial over Abbott Laboratories' formula for premature babies set to begin this week
The latest chapter in an ongoing legal battle between Abbott Laboratories and parents of babies born prematurely is slated to play out in Chicago this week — with the beginning of a trial that could have implications for the company and families across the country.
Abbott, based in Chicago's northern suburbs, has been entangled in litigation ...Read more
Delivery robots have his old job -- and now they've created a new one for him
Charlie Snodgrass used to be a gig driver, delivering burritos and pad Thai around Los Angeles. Today, he handles the robots that do his old job.
He is one of the first of a new class of workers, a robot wrangler paid to care for and train AI-powered bots as they learn to work in the real world.
At 5:45 a.m., in a small warehouse in West ...Read more
AVs are usually EVs. Will Trump 'innovation agenda' change that?
WASHINGTON — Conventional wisdom in the auto industry has suggested that futuristic self-driving cars and trucks would also feature electric powertrains. Or at least, that was the wisdom.
"AVs will be EVs," former General Motors Co. top economist Elaine Buckberg said during a panel discussion at January's World Economic Forum in Davos, ...Read more
Paramount credit downgraded to 'junk' status over debt worries
Paramount Skydance's jubilation over its come-from-behind victory to claim Warner Bros. Discovery has entered a new phase:
Call it the deal-debt hangover.
Two major ratings agencies have raised concerns about Paramount's credit because of the enormous debt the David Ellison-led company will have to shoulder — at least $79 billion — once ...Read more
Ticketmaster and Live Nation could be divorcing. What to know about the ongoing antitrust trial
After years of ticketing complaints and frustrations, the trial for the Department of Justice's antitrust lawsuit against Live Nation officially is underway.
As part of its case, the DOJ accused Live Nation of requiring music artists to use its promotional services when they play at one of its venues. Because so many venues are owned by the ...Read more
Target tackles groceries as first swing to revive sales growth
Target will spend more than $1 billion this year to improve its grocery section, one of new CEO Michael Fiddelke’s first big swings in his turnaround plan.
Groceries will occupy a larger footprint at all 130 stores remodeled this year, with more fresh foods and a more pronounced bakery area, the Minneapolis-based retailer told investors on ...Read more
Even before he reaches the Fed, Warsh's path to rate cuts is getting tougher
Kevin Warsh is still months away from taking the helm at the Federal Reserve, but his ability to deliver the interest-rate cuts President Donald Trump expects is facing hurdles as the U.S. economy, and his future colleagues, tilt in the opposite direction.
Most Fed officials see no compelling reason to rush additional rate cuts, given inflation...Read more
Michael Hiltzik: Trump Media's financial report revives questions for investors
So much Trump-related news has appeared lately on the airwaves and in web pixels — what with Iran and Epstein and Minnesota and so on — that inevitably a nugget will fall between the cracks.
That seems to have been the fate of the most recent annual financial report of Trump Media and Technology Group, which covered calendar year 2025 and ...Read more
What another sales decline for Target says about consumers
Target customers continue to be cautious — and a bit frugal, sticking to essentials and increasingly turning to discount chains.
During the holiday season, they bought toys and kept spending on essentials such as food and beauty products. But they pulled back elsewhere to stretch their budgets.
Other retailers reported similar trends. ...Read more
Target leaning in on groceries, 'reinventing' home department to stop downward slide
Target will reinvent three-quarters of its home merchandise by June and since groceries are driving customer visits, it will remodel several hundred stores to expand and improve its food and beverage selections.
The Minneapolis-based retailer is hosting hundreds of investors, analysts and journalists at its annual investors meeting March 3, ...Read more
AI could reshape 410,000 Silicon Valley jobs. Who benefits and who doesn't?
SAN JOSE, California — Robin McCarthy watches the images appear on her screen.
Inside her San Jose architecture studio, she types a short prompt into an artificial intelligence program. Within seconds, it produces polished design concepts and photo-realistic renderings.
“It’s exciting and scary at the same time, because you’re trying ...Read more
As Iran crisis upends oil and gas, clean energy gets complicated
The turmoil unfolding in the Middle East is sparking the biggest disruption to oil and natural gas markets since Russia’s invasion of Ukraine in 2022. Qatar shut down the world’s largest liquefied natural gas export facility, Saudi Arabia suspended operations at its biggest oil refinery and tanker traffic through the crucial Strait of Hormuz...Read more
Tax refunds are larger this year. Make yours a stepping stone for your future
Tax refunds are the biggest windfall of the year for many American households. And ‘tis the season: Through the week ending Feb. 13, nearly 13 million people had received 2025 federal tax refunds averaging $2,476, according to the IRS.
That average refund amount is up 14% from the same time period last year, and it’s expected to grow in the...Read more
eBay slashes hundreds of Bay Area jobs, mainly at San Jose head office
SAN JOSE — eBay has slashed 271 jobs in the Bay Area, primarily at the tech titan’s San Jose headquarters complex, the company reported.
The eBay job cuts arrive on the heels of the net loss of 27,300 tech jobs in the Bay Area during 2025, according to Beacon Economics industry estimates that were derived from the state Employment ...Read more
Redfin to show some non-MLS home listings in deal with Compass
Redfin visitors will soon be able to see for-sale homes that haven’t been widely advertised — but Washington properties may not be included, as the practice remains restricted in the state.
Rocket Companies, owner of Seattle-based Redfin, announced on Thursday a three-year syndication agreement with real estate brokerage Compass to showcase...Read more
After federal retreat, Twin Cities' stores and restaurants piecing businesses back together
Immigrant-run businesses are making some hard decisions to claw out of the financial hole caused by the three-month immigration crackdown in Minnesota.
Workers and customers are returning, allowing some places to reopen. But growing piles of bills have made it harder to resume business the way it was before Operation Metro Surge.
Value Foods ...Read more
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