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Toyota adds $1 billion investment across Kentucky, Indiana plants

Business / Business News /

GEORGETOWN, Ky. — Toyota Motor Corp. is investing $1 billion between its Kentucky and Indiana plants as part of a broader $10 billion multiyear commitment to manufacturing in the United States, the company said Monday.

The move comes amid a push from President Donald Trump to both entice and coerce more companies to make their products within...Read more

General Motors Co./General Motors Co./TNS

General Motors tests self-driving tech on Michigan, California highways

Business / Business News /

DETROIT — General Motors Co. on Monday began testing its new, mostly self-driving technology on Michigan and California highways.

Trained drivers are behind the wheels of 200 test vehicles to take over if necessary, according to the Detroit automaker. GM said it's been collecting data from test vehicles driven in 34 states over the last six ...Read more

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Trump's wild, 5-minute rally sends clear message to Wall Street

Business / Business News /

Just moments after Donald Trump backed down from his threat to bomb Iran’s energy infrastructure in a Truth Social post at 7:05 a.m., oil prices plunged over 13%, Treasury yields tumbled and traders signaled that U.S. stocks would surge at the opening bell.

It almost didn’t matter that less than an hour later Iran contradicted Trump’s ...Read more

Why more Washington state utilities want to remotely control your thermostat

Business / Business News /

SEATTLE — At 6 p.m. on a recent chilly Tuesday, Jim Sullivan’s thermostat in his Maple Valley, Minnesota, home automatically turned down to 60 degrees — not because he set it, but because his utility adjusted it down 4 degrees during a “rush hour” event of high energy demand.

In recent years, utilities across the state — including ...Read more

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Aaron Brown: By all measures, productivity is sky-high. So why do we feel so left out?

Business / Business News /

Like many Americans born in the 20th century, I measure each day by my productivity. My children laugh and call me a “try-hard.” But you should try hard, I say. They laugh again. They might be smarter than me.

If you’re not sure what “productivity” means, your boss certainly does. In economic terms, productivity measures how ...Read more

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Hundreds of Minnesota inmates who packaged Disney balloons lose work amid pay dispute

Business / Business News /

MINNEAPOLIS — Eden Prairie, Minnesota-based Anagram International pulled nearly $3 million of business from work programs at Minnesota prisons, leaving hundreds of inmates without a source of income or the opportunity for more time outside of their cells.

The company employed more than 700 people to package balloons through Minncor Industries...Read more

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The pay gap between women and men widened last year, analysis finds

Business / Business News /

The earnings gap between men and women slightly widened last year, according to a new analysis published Thursday.

The left-leaning Economic Policy Institute calculated women last year earned 18.6% less than men per hour on average. That’s up slightly from 2024, when the wage gap narrowed slightly to 18%.

The wage analysis, which examines ...Read more

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Allison Schrager: Why are young people taking so many unwise financial risks?

Business / Business News /

There are at least two conflicting narratives about Gen Z and young millennials. One is that they are extremely risk averse — afraid even to go out of the house, much less on a date. Another is that they are extremely risk inclined — always betting on sports or speculating on exotic assets.

Both of these theories can be true. In fact, they ...Read more

OnlyFans owner Leonid Radvinsky dies of cancer at 43 years old

Business / Business News /

OnlyFans billionaire owner Leonid Radvinsky, who reportedly earned $1.8 million a day helming the DIY porn-creator site, has died, the company announced Monday.

Radvinsky died of cancer, the company said. He was 43.

“We are deeply saddened to announce the death of Leo Radvinsky. Leo passed away peacefully after a long battle with cancer,” ...Read more

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Alphabet's wing drones to start Silicon Valley deliveries this year

Business / Business News /

Alphabet Inc.’s drone delivery company Wing will begin delivering parcels to homes in the San Francisco Bay Area this year, marking its latest expansion in a small but fast-growing market.

Partnering with companies including Walmart Inc. and DoorDash Inc., Wing already offers drone delivery in North Carolina, Virginia and Australia, but this ...Read more

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The 'attorney model' loophole: How debt relief companies scam people seeking help

Business / Business News /

Debt settlement companies technically aren’t allowed to charge fees until after lowering a consumer’s debt. But a loophole in the Telemarketing Sales Rule — and a mish-mash of federal and state laws — allows predatory firms the opportunity for exploitation.

A growing corner of the $23 billion debt relief industry has used a workaround ...Read more

Kevin Clark/The Seattle Times/TNS

WA turns to goats for affordable, sustainable landscaping

Business / Business News /

Last summer, Juris Sarins hosted a bevy of first-time guests for two weeks on his property in Klickitat County's Snowden, feeding them fresh vegetarian meals. His visitors: More than 100 goats, chomping through several acres of thick vegetation.

They eat everything," he said.

Instead of a crew of landscapers, Sarins enlisted the help of a herd...Read more

Ellen M. Banner/The Seattle Times/TNS

Spiking diesel prices force WA businesses to make tough choices

Business / Business News /

For all the pain motorists are feeling at the gasoline pump these days, it’s a lot worse for diesel drivers.

Since late February, when the war in Iran upset global oil markets, diesel prices in Washington have jumped by around $1.40 a gallon, to an average of $6.20, according to AAA. By comparison, regular gasoline is up around 97 cents, to $...Read more

Nhat V. Meyer/Bay Area News Group/TNS

Bay Area baker-entrepreneur Andrea Lacy talks about evolution of a brownie business

Business / Business News /

SAN JOSE, California — Andrea Lacy believes some challenges are blessings in disguise. Take her brownie recipe, for example.

Years ago while attending San Jose State University, she was baking a thank-you gift for a friend and noticed that the dough was thicker than usual. She baked the batch anyway, and they were a big hit. But when she ...Read more

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Musk misled Twitter investors before 2022 buyout, jury says

Business / Business News /

Elon Musk defrauded Twitter Inc. investors when he disparaged the company in 2022 in an effort to buy the social media platform for a lower price than his original $44 billion bid, a jury concluded.

Jurors in federal court in San Francisco found Friday that Musk intentionally misled Twitter shareholders when he tweeted that the social network ...Read more

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California's petroleum watchdog says it's on the lookout for price gougers

Business / Business News /

California’s petroleum watchdog says it’s on the lookout for potential price gouging as gas prices keep climbing in the wake of the war in Iran.

The Division of Petroleum Market Oversight, an independent arm of the California Energy Commission, has issued an enforcement bulletin and says it is “closely monitoring” refining wholesale and...Read more

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Musk misled Twitter investors before 2022 buyout, jury says

Business / Business News /

Elon Musk defrauded Twitter Inc. investors when he disparaged the company in 2022 in an effort to buy the social media platform for a lower price than his original $44 billion bid, a jury concluded.

Jurors in federal court in San Francisco found Friday that Musk intentionally misled Twitter shareholders when he tweeted that the social network ...Read more

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US stocks drop to 6-month low on angst over prolonged war

Business / Business News /

Major U.S. equity benchmarks dropped to the lowest level since September amid rising anxiety over the prospect of a prolonged war in the Middle East.

The S&P 500 Index finished 1.5% lower in New York while the tech-heavy Nasdaq 100 declined 1.9%, dragged down by Nvidia Corp. and Micron Technology Inc. Both gauges were down more than 2% earlier...Read more

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Chicago Transit Authority sues feds over frozen Red Line Extension money

Business / Business News /

The Chicago Transit Authority filed a lawsuit against the Trump administration Friday, alleging the feds violated the U.S. Constitution when they froze about $2 billion in federal grant money for the agency’s long-awaited Red Line Extension project.

The CTA says that unless federal Judge Thomas M. Durkin steps in by March 27, it will have to ...Read more

Gary Coronado/Los Angeles Times/TNS

California attorney general asks judge to block Nexstar-Tegna merger

Business / Business News /

California Attorney General Rob Bonta is asking a judge to unravel Nexstar Media Group’s $6.2 billion acquisition of rival TV station owner Tegna — the latest in a flurry of merger twists.

Nexstar announced late Thursday that it had consummated the Tegna takeover— despite a lawsuit that Bonta and seven other Democratic state attorneys ...Read more