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'Don't piss off the DOJ': Veteran Las Vegas agents react to renewed push against Realtors

Business / Business News /

Multiple veteran Las Vegas real estate agents say they are largely on board with the upheaval currently going on in their industry.

It’s time for change and more transparency in their governing bodies, they say.

A federal appeals court ruled earlier this month that the U.S. Justice Department could restart its investigation into the policies...Read more

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How to avoid going broke soon after starting a business

Business / Business News /

Yasameen Sajady, CEO of St. Paul, Minnesota-based Maazah, is learning that day by day, it takes awhile for profits to roll in.

The maker of Afghani-style chutneys, aioli and lentil dips is expanding into Target, Whole Foods and Costco stores across the country this year.

While a major opportunity, Maazah has to finance the increase in ...Read more

Her sinus surgery went great -- until she got the $32,449 medical bill

Business / Business News /

Once her doctor recommended sinus surgery, and insurance confirmed prior authorization wasn't needed, Christine Knirk focused on getting the procedure and getting better.

The outpatient operation happened just over a year ago and has brought the medical relief Knirk sought.

But getting the procedure paid for by insurance has created months of ...Read more

Tesla soars as Musk's cheaper EVs calm fears over strategy

Business / Business News /

Tesla Inc. shares surged after Elon Musk vowed to launch less-expensive vehicles as soon as late this year, easing concerns about disappointing earnings results and diminished growth prospects.

The automaker said Tuesday it’s accelerating new models using aspects of a next-generation platform that had been slated for the second half of next ...Read more

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Evan Ramstad: Health care is a tough arena for AI to make a difference

Business / Business News /

It was a warp-speed tour of what's happening with artificial intelligence in medicine.

Chris Manrodt, an R&D manager for Philips' medical imaging business in Plymouth, Minnesota, last Friday gave a presentation to several hundred Twin Cities software developers and health care executives and then declared, "I feel like I've said about 50 ...Read more

Boeing retaliated against its own engineers working for FAA, union says

Business / Business News /

Boeing’s white-collar union alleged Tuesday that company management retaliated against engineers overseeing design work on behalf of the Federal Aviation Administration, heightening concerns about a self-regulation regime that’s come under renewed fire since Jan. 5, when a fuselage panel blew out midair.

In 2022, as Boeing worked to ...Read more

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Google fired at least 20 additional workers after last week's Gaza protest, group says

Business / Business News /

Google fired additional workers this week, after it initially terminated 28 people who it said participated in recent protests against the company's work in Israel.

The total number of employees terminated in the wake of the protests — which took place inside Google offices in New York and Sunnyvale, Calif. — has grown to more than 50 ...Read more

John Spink/The Atlanta Journal-Constitution/TNS

UPS profit and revenue dip in first quarter. Its CEO sees growth ahead

Business / Business News /

UPS reported that its revenue and profit continued to decline in the first quarter, but its CEO sees a recovery to growth in the future.

The shipping giant reported $1.1 billion in net income for the first three months of the year, down 41% from $1.9 billion in the same period of 2023.

It had $21.7 billion in first quarter revenue, down 5.3% ...Read more

HYOSUB SHIN/The Atlanta Journal-Constitution/TNS

Delta is boosting pay for much of its workforce

Business / Business News /

Delta Air Lines is giving its flight attendants and ground employees a 5% raise, and boosting starting pay to at least $19 an hour for much of its workforce.

It’s the third year in a row that Atlanta-based Delta has raised pay since recovering from the worst effects of the COVID-19 pandemic. Delta granted workers 4% raises in 2022 and 5% ...Read more

Curtis Compton/The Atlanta Journal-Constitution/TNS

PulteGroup announces 10% jump in revenues, earnings up 32%

Business / Business News /

PulteGroup last quarter had revenues of $3.8 billion, a 10% jump from the same period a year ago, as the nation’s housing shortage promises to fuel more construction, the company announced Tuesday.

The Atlanta-based homebuilding giant reported a 32% bounce in earnings, an 11% increase in the number of homes sold, as well as a higher profit ...Read more

Miguel Martinez/The Atlanta Journal-Constitution/TNS

Customer satisfaction with airlines is improving, according to study

Business / Business News /

Even though air travel can be a stressful experience, customer satisfaction with airlines overall is improving, according to a new study.

The American Customer Satisfaction Index travel study found that customer satisfaction with the airline industry reached an all-time high score of 77, up 1 percentage point from the previous year.

“...Read more

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UAW's Fain says VW victory shows union 'can win anywhere'

Business / Business News /

United Auto Workers President Shawn Fain said the union's organizing victory at Volkswagen AG's plant in Chattanooga, Tennessee, shows the union "can win anywhere."

The plant that builds the Volkswagen ID.4, Atlas and Atlas Cross Sport on Friday became the first foreign-owned automaker organized in the South by the Detroit-based union. Of the ...Read more

Shawn Inglima/New York Daily News/TNS

NYC government workers of color paid less than white colleagues, study says

Business / Business News /

Black, Asian and Hispanic NYC government workers continue to be paid less than their white colleagues, a disparity driven by a persistent pattern of low wages for women of color in the municipal ranks, according to a new study release by the City Council on Tuesday.

The study reflects salary levels across all municipal positions as of 2021, the...Read more

Andy Morrison, The Detroit News/The Detroit News/TNS

GM beats profit expectations in first quarter, increases guidance for 2024

Business / Business News /

General Motors Co. beat Wall Street expectations on Tuesday, delivering first-quarter net income of $3 billion on revenue of $43 billion.

The Detroit automaker increased its guidance for the year of adjusted earnings to be in a range of $12.5 billion to $14.5 billion, up from $12 billion to $14 billion. The automaker expects its net income for ...Read more

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Vista Outdoor gives American investors another chance to raise their bid

Business / Business News /

The board of directors of Vista Outdoor is giving Texas-based investment group MNC Capital another chance to raise its bid to acquire the company's ammunition and outdoor products brands.

MNC Capital was in early discussions to acquire Vista Outdoor's ammunition companies and made bids for the entire company after Vista selected Prague-based ...Read more

Genaro Molina/Los Angeles Times/TNS

Millions could lose internet access if this federal program expires

Business / Business News /

Four years ago, Claudia Aleman and her family had only one way to get online — through their cellphones. Without internet service on a computer, her youngest daughter couldn’t get homework assignments in on time, her parents couldn’t keep up with online doctor visits, and the English classes she wanted to sign up for were out of reach.

...Read more

Wally Skalij/Los Angeles Times/TNS

Firefighter, forester, trail builder: The first US Climate Corps jobs are here

Business / Business News /

Restoring coastal ecosystems with oysters in Florida, protecting forests from wildfire in California and maintaining a cultural site (the Pearl Harbor National Memorial) in Hawaii: These are a few of the paid positions that job seekers can now apply for through the Biden administration’s American Climate Corps.

The first batch of job listings...Read more

UnitedHealth data leak may affect 'substantial' swath of US

Business / Business News /

UnitedHealth Group Inc. found files containing private information on a vast number of Americans whose data may have been compromised in a February cyberattack that upended the U.S. health system.

A sample of the breached files found they contain personal information, including health data, that “could cover a substantial proportion of people...Read more

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David Ellison's journey from trust fund kid to media mogul vying to buy Paramount

Business / Business News /

When David Ellison, the mega-rich aerobatic pilot and Ferrari-driving son of multibillionaire Oracle co-founder Larry Ellison landed in Hollywood, he was viewed as yet another trust fund scion with Klieg lights in his eyes and an enviable bank account.

Unlike most Hollywood neophytes of his ilk, however, Ellison did not flame out in ignominy or...Read more

Silviya Arsova/Dreamstime/TNS

US sues to block $8.5 billion marriage of Coach, Michael Kors

Business / Business News /

The U.S. Federal Trade Commission sued to stop Tapestry Inc.’s $8.5 billion takeover of rival Capri Holdings Ltd., marking the first time the Biden administration has used its aggressive antitrust enforcement to try to stop a deal in the fashion accessories sector.

Antitrust enforcers said Tapestry’s acquisition of Capri would raise prices ...Read more