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Universal Music Group accuses music distributor of spreading 'AI slop' in lawsuit

Business / Business News /

Universal Music Group is suing digital music distributor DistroKid, alleging the company spreads "AI-generated 'slop' that siphons revenue and listeners from the legitimate artists and rightsholders."

The major record label accuses DistroKid of both "deceptive trade practices and blatant copyright infringement," according to a complaint filed ...Read more

Gina Ferazzi/Los Angeles Times/TNS

California governor signs mortgage relief bills for wildfire victims

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Legislation that will extend mortgage relief to victims of the January 2025 Los Angeles County wildfires and establish a similar permanent program for disaster victims statewide was signed into law Tuesday by California Gov. Gavin Newsom.

The mortgage forbearance bills by Assemblymember John Harabedian, D-Pasadena, who represents the devastated...Read more

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Evan Ramstad: AI won't kill us, and government won't save us

Business / Business News /

Here are two safe predictions about the “national freakout” over artificial intelligence, as the Wall Street Journal called it this weekend.

First, AI isn’t going to kill us. And even if it were, the government wouldn’t save us.

Public perceptions about AI, as I wrote last week, took many leaps this summer. But they turned apocalyptic ...Read more

David Guralnick/The Detroit News/TNS

Ford reveals F-150 Carhartt package for 2027 model year

Business / Business News /

DETROIT — The style and workwear durability of Carhartt, another iconic Motor City brand, is coming to Ford Motor Co.'s flagship F-150 for the 2027 model year.

Building off their shared heritage as family-influenced brands with century-plus roots in the Motor City, the Dearborn-based companies unveiled the pickup on Tuesday. Similar to the ...Read more

Eileen T. Meslar/Chicago Tribune/TNS

Aldermen say they are negotiating new sweeteners for Chicago parking meters lease

Business / Business News /

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

Imen Ben Youssef/Hans Lucas/AFP/Getty Images North America/TNS

OpenAI says it's working with Anthropic, Google on AI safety

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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

Robin Buckson, The Detroit News/The Detroit News/TNS

Trump's openness to Chinese vehicle assembly in US ripped by UAW leader

Business / Business News /

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

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Trade schools see enrollment bumps as students worry about AI, job security in white-collar work

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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

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Google DeepMind staffer says AI may 'kill us all' in exit post

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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

M. Scott Brauer/ZUMA Press Wire/TNS

Pacific Northwest power crunch starts with AI. The bigger challenge may come after

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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

Brian van der Brug/Los Angeles Times/TNS

Paramount's possible Hollywood exit puts Los Angeles on edge

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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

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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

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US 10-year breaches 5% as inflation, supply worries mount

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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

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Talk of AI pause slams Nvidia, AMD and Intel as fears of doomsday scenarios spread

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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

Kevin Clark/The Seattle Times/TNS

Microsoft sets its own AI guardrails amid rising industry concerns

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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

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Small banks at forefront of battle against crypto bill

Business / Business News /

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

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Mark Carney said no to Donald Trump. Now he must contend with the economic fallout

Business / Business News /

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

Brian Peterson/Minnesota Star Tribune/TNS

Bank begins foreclosure process for St. Paul's Summit Brewing

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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

Business / Business News /

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Former employee sues Activision Blizzard, claiming sexual harassment and discrimination

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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

Phillip Molnar/Los Angeles Times/TNS

Los Angeles renters dream of Las Vegas, but outsiders steer clear of LA, survey shows

Business / Business News /

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