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Biden prods Boeing to end impasse with firefighters union
President Joe Biden weighed in on a labor dispute underway at Boeing Co., urging the planemaker to restart stalled contract talks with a union representing 160 of its firefighters.
“Collective bargaining is a right that helps employers and employees,” Biden said in a post on X, the social media site formerly known as Twitter. He said he was...Read more
Microsoft plans mobile-game store, vying with Apple, Google
Microsoft Corp. will launch its own online store for mobile-game consumables in July, creating an alternative to Apple Inc. and Google’s app stores and their fees.
The browser-based store will debut with Microsoft’s own games, offering discounts on in-game items associated with titles like Candy Crush Saga. Xbox President Sarah Bond ...Read more
Target limits Pride merchandise to select stores after last year's backlash
Target has Pride merchandise in fewer stores this year after backlash it received after pulling some items from last year's collection.
Officials at the Minneapolis-based company acknowledged later in the summer that the controvery had hurt Target's reputation.
Last year, Target sold an assortment of Pride products at all of its more than 1,...Read more
GOP states sue to stop power plant pollution rules
Twenty-five Republican-led states, including Georgia, filed a legal challenge Thursday to new federal regulations on air pollution from power plants that generate electricity.
The new rule, announced in April, would likely end coal-burning for power in the U.S. over the next 15 years and make it significantly harder for utilities to continue ...Read more
3M health care spinoff Solventum prioritizing paying down $8.3B long-term debt
Solventum, the spinoff of 3M's health care business, is starting out as Minnesota's newest public company with a heavy debt load and stagnant sales.
The Maplewood-based company has $8.3 billion in long-term debt and is projecting slightly negative to no revenue growth for its first full year of existence. Solventum reported first-quarter ...Read more
Report: 80 percent of low-income San Diegans spending more than half their income on rent
The vast majority of low-income renters in San Diego County are spending more than half of their income on rent, said a new study.
San Diego's Affordable Housing Needs Report, released Thursday by the nonprofit California Housing Partnership, gave the region poor marks across the board for everything from homeless housing to subsidized rentals ...Read more
Activist investor group falls short of Norfolk Southern takeover
An activist investor group that seeks to reform Atlanta-based Norfolk Southern got three new board members elected to the railroad’s board — but failed to gain majority control of the board and effect a plan to replace the company’s CEO Alan Shaw, according to preliminary results of a shareholder vote Thursday.
Norfolk Southern, ...Read more
After disastrous 2023, a 'bumper' crop of Georgia peaches is coming
In the 130 years Lawton Pearson’s family has been growing peaches in Middle Georgia, few harvests have been as disappointing as last year’s, when his crop — and most others in the state — were almost entirely wiped out by two March cold snaps.
Trees covered with quarter-sized fruit and delicate pink flowers were blasted by last year’s...Read more
Ford CEO Jim Farley says semi-solid state batteries are 'promising for production'
Ford Motor Co. CEO Jim Farley on Thursday said semi-solid state batteries are "looking very promising for production," as the automaker has emphasized the need for breakthroughs in electric vehicle technology to improve affordability.
"We're getting more and more excited about the potential," Farley said in response to a shareholder question ...Read more
Anheuser-Busch's domestic beer sales still down 1 year after Bud Light controversy
ST. LOUIS — Beer sales in North America are still down for Anheuser-Busch InBev while its spirits brands are growing, the Belgium-based brewer shared with investors during its most recent earnings call Wednesday.
The first quarter report of 2024 comes over a year after A-B sent transgender influencer Dylan Mulvaney a can featuring her face, ...Read more
Graffitied skyscraper in downtown Los Angeles poised for sale
Oceanwide Plaza, the bankrupt, unfinished development in downtown Los Angeles that became a canvas for trespassing graffiti artists, is officially on the market.
The Chinese owners of the stalled residential, hotel and retail complex towering over Crypto.com Arena have hired real estate brokers to sell the property to buyers who could restart ...Read more
No NBA deal yet for Warner Bros. Discovery, but David Zaslav is 'hopeful'
The shot clock is ticking down on Warner Bros. Discovery in its effort to land a new media rights deal for the NBA.
Warner Bros. Discovery Chief Executive David Zaslav said Thursday the company continues negotiating with the league to retain its package of NBA contests, a marquee attraction for its TNT cable channel, but offered no clue on ...Read more
A tale of two downtowns in LA: As offices languish, apartments thrive
By many measures, downtown Los Angeles’ newest apartment tower is over the top with such gilded flourishes as stone tiles from Spain lining the elevator cabs and hand-troweled Italian plaster on interior walls. Hummingbirds have somehow found the fruit-laden trees decorating the outdoor lounge on the 41st floor.
For Stuart Morkun, the ...Read more
How much could Trump hotel in Las Vegas sell for? It's complicated
As Republican presidential candidate and former president Donald Trump navigates multiple criminal and civil trials levied against him, his professional net worth and assets have come into the spotlight.
In Las Vegas, Trump — along with business partner Phil Ruffin — is the co-owner of Trump International Hotel, a 64-story, 1,282-room ...Read more
Record wave of Americans fled big cities for small ones in 2023
Score a victory for Mayberry. America’s small towns, like the iconic setting of television’s The Andy Griffith Show from the 1960s, saw more in-migration in 2023 than larger areas for the first time in decades.
The remote work boom that prompted Americans to flee urban areas for mountain hamlets and seaside towns during the pandemic ...Read more
Real estate Q&A: What can we do about new apartment's surprise special assessment?
Q: We are in the process of purchasing an apartment. Our closing attorney received the report from the condominium association showing the monthly dues were current, and we were surprised to learn that a special assessment was pending because the sellers told us that none were. The contract also says that no special assessments are pending. We ...Read more
With production of the Chevy Malibu ending, long era ends for ol' Detroit sedans
DETROIT — In another case of Detroit automakers surrendering car sales to foreign competition, General Motors Co. this fall will retire its last mainstream gas-powered sedan when production of the Chevrolet Malibu ends after nine generations.
The Detroit automaker confirmed Wednesday it will stop producing the mid-size sedan in November at ...Read more
US revokes Intel, Qualcomm licenses to sell chips to Huawei
The U.S. has revoked licenses allowing Huawei Technologies Co. to buy semiconductors from Qualcomm Inc. and Intel Corp., according to people familiar with the matter, further tightening export restrictions against the Chinese telecom equipment maker.
The decision will affect sales of chips for use in Huawei phones and laptops, according to the ...Read more
DOJ decision on reopening Boeing criminal prosecution coming this month
The U.S. Justice Department expects to have a decision by the end of this month on whether it will pursue criminal claims against Boeing following two fatal 737 Max crashes.
Federal prosecutors are set to meet on May 31 with the families who lost loved ones in those crashes more than five years ago to share their decision, according to a letter...Read more
Proxy battle vote could determine Norfolk Southern's future
A shareholder vote on an attempted takeover of Atlanta-based Norfolk Southern could shape the railroad’s future.
Norfolk Southern shareholders will vote Thursday during the company’s virtual annual meeting on a proposal by activist investor group Ancora Holdings to replace most of the company’s board members.
Here are the issues and what...Read more
Popular Stories
- With production of the Chevy Malibu ending, long era ends for ol' Detroit sedans
- Activist investor group falls short of Norfolk Southern takeover
- After disastrous 2023, a 'bumper' crop of Georgia peaches is coming
- A tale of two downtowns in LA: As offices languish, apartments thrive
- How much could Trump hotel in Las Vegas sell for? It's complicated