Business
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Meta lays off nearly 1,400 Seattle area employees
Meta’s sweeping layoffs announced last month hit 1,395 employees in King County, per a recent state filing last week.
While Meta is headquartered in Menlo Park, Calif., the company maintains a significant presence in the Seattle area. Meta’s Puget Sound hub grew rapidly during the pandemic — reaching a local head count of 8,800 employees ...Read more
McClatchy union journalists at 4 WA newspapers strike over pay, AI use
Journalists at four Washington-based newspapers run by McClatchy Media Company are on strike Tuesday.
The one-day strike by the Washington State NewsGuild is taking place as workers demand higher wages. They say McClatchy is guilty of bad-faith bargaining" during contract negotiations. The Idaho NewsGuild is also participating in the strike.
...Read more
Trump's tariffs are pushing Mexico back toward low-value exports
U.S. tariffs pushed by President Donald Trump and supply-chain disruptions are eroding Mexico’s gains as a manufacturing hub, raising the risk that the country slips back into exporting lower-value goods that create few jobs or investment opportunities.
On the surface, Mexico’s exports are still breaking records, giving President Claudia ...Read more
How are college grads navigating the tough job market? Here's what some are doing
PHILADEPHIA -- Matthew Soesanto wrapped up his undergraduate biology degree at Drexel University in March and spent weeks applying to research, coding, and pharmaceutical industry jobs this spring. But he wasn’t hearing back from hiring managers.
“It just feels like I’m sending applications to a black hole,” said Soesanto, who will walk...Read more
Evan Ramstad: We've been through massive physical tech investments before, but not like this
MINNEAPOLIS -- It’s still the earliest days of artificial intelligence usage and understanding, yet AI companies are gobbling capital like a hippo’s maw and soaring in market valuation.
Everyone in business these days seems to be searching for a tale from history to meaningfully describe the growing importance of AI. I personally think it ...Read more
Commentary: While grads fret about AI taking jobs, small businesses need buyers
If splashy headlines are to be believed, artificial intelligence is already consigning new graduates to a life of unemployment. The anxiety is not unfounded. Entry-level roles are disappearing and economists have yet to reach a consensus on how deep or lasting AI’s labor market effects will be. Yet if we only assume the worst, we might miss an...Read more
San Diego home values haven't kept up with inflation for 16 months
San Diego home prices continue to show gains, but any increase has been blunted by rising inflation, data released Tuesday shows
The San Diego metropolitan area’s home price increased 0.78% annually in March, said the S&P Cotality Case-Shiller Indices report. At the same time, San Diego metro, which includes all of San Diego County, had an ...Read more
Optimism on Iran war deal, AI theme push S&P 500 to record close
Equities notched their fourth-straight session of gains on Tuesday, with investors hopeful that an agreement to re-open the Strait of Hormuz may be near even as hostilities tested a ceasefire between the U.S. and Iran.
The S&P 500 Index ended 0.6% higher in New York to hit a fresh record. The tech-heavy Nasdaq 100 Index rose 1.8% to its own ...Read more
Paramount, pushing to buy Warner Bros., girds for legal challenges
LOS ANGELES — Is Paramount making a Tony Soprano move?
David Ellison's media company appears to be girding for a big battle with California Attorney General Rob Bonta and fellow state attorneys general who may team up to file a lawsuit aiming to block Paramount's proposed $111-billion takeover of Warner Bros. Discovery.
Last week, Paramount ...Read more
Lilly goes on $20 billion buying spree as company seeks next act
Eli Lilly & Co. is on a record spending spree, announcing acquisitions worth more than $20 billion so far in 2026 as the drugmaker expands beyond its blockbuster obesity franchise.
In recent weeks, Lilly has pledged to shell out up to $7.8 billion for sleep drugmaker Centessa Pharmaceuticals Plc and up to $7 billion for cancer drug developer ...Read more
Blue Origin's $600 million Space Coast expansion to bring 500 jobs, state says
Blue Origin’s massive manufacturing site in Brevard County is primed to expand with a new $600 million facility to speed up New Glenn rocket production, the governor’s office announced Friday.
The investment, dubbed “Project Horizon,” would bring an 830,000-square foot building dedicated to constructing more of New Glenn’s upper stage...Read more
OpenAI skeptics ask Calif. AG Bonta to investigate execs' ties to semiconductor company
SACRAMENTO, Calif. -- Advocacy coalition EyesOnOpenAI is asking Attorney General Rob Bonta to investigate a recent contract between OpenAI and semiconductor company Cerebras Systems that the group says bolsters its earlier arguments that OpenAI has abandoned its philanthropic mission.
EyesOnOpenAI, a coalition of AI-skeptical groups, previously...Read more
A Dodge Viper successor? We got a peek at the new Copperhead sports car
DETROIT -- For about 25 years, the Dodge Viper stood at the pinnacle of the brand's lineup as a ridiculous V-10-powered muscle car fused with sleek sports car styling.
Now, the brand is planning to bring back something similar with a "hyper muscle car" called the Copperhead SRT. Stellantis NV executives briefly showed a mock-up of the car to ...Read more
A first taste in the US of Cargill's solution for crazy cocoa prices
Cargill’s new chocolate alternative, which avoids cocoa markets that sent the price of candy on a rollercoaster ride in recent years, just tastes chocolaty.
Kernels of the grape-seed-derived product called NextCoa, shown off in one of Cargill’s Minnesota corporate kitchens on a recent Friday, elevated fresh-baked cookies to taste like they ...Read more
Should owners of vacant second homes be heavily taxed? San Diego voters get to decide
For years, vacant homes in large U.S. cities have conjured up images of derelict, abandoned properties in need of loving attention and a full-time resident. In San Diego, a June ballot measure is taking aim at a very different kind of vacant dwelling by proposing to heavily tax second homes — from the coast to the suburbs — that all share ...Read more
This California-born fast-food chain is being crushed by costs, crime and competition
Carl’s Jr. began in 1941 as a hot dog cart on the corner of Florence and Central in Los Angeles and grew into one of the region’s best-known burger chains. Eight decades later, the now-global chain is struggling in its old neighborhood.
The high costs of doing business in California, festering labor issues, fierce competition and crime have...Read more
Los Angeles hotels are still waiting for a surge in demand from the World Cup
Hotel rooms in Los Angeles and other FIFA World Cup host cities could sit empty, despite high expectations that the global sporting event would be a boon to the city.
The soccer tournament, which has sold more than 5 million tickets so far, has historically triggered a surge of international and domestic tourism and infused host cities with an...Read more
Illinois lawmakers consider grants or loans for Chicago businesses devastated by Operation Midway Blitz
SPRINGFIELD — When federal immigration officers flooded Chicago neighborhoods last fall, walk-ins at Erick Camargo’s hair salon in Chicago plunged from about 40 customers per day to as few as five.
At the height of Operation Midway Blitz, Camargo locked the doors during business hours to keep agents from entering. Some barbers worked out of...Read more
Waymo suspends all freeway rides over safety
LOS ANGELES — Waymo said it's pausing its robotaxi services on freeways in the U.S. as it updates its software to improve performance around construction zones and flooded roads.
Before the suspension, freeway operations were available in San Francisco, Los Angeles, Phoenix and Miami. The company said that street and other off-highway ...Read more
Good night and good luck and goodbye -- CBS News Radio signs off after nearly 100 years
NEW YORK — As a radio professional who grew up aspiring to work at CBS News Radio, anchor Steve Kathan understood the weight of the words he wrote and recorded Friday on the final broadcast of "World News Roundup."
"America's longest running newscast signs off for the last time," Kathan said in the small dimly lighted studio in the CBS ...Read more
Popular Stories
- How are college grads navigating the tough job market? Here's what some are doing
- Good night and good luck and goodbye -- CBS News Radio signs off after nearly 100 years
- Trump's tariffs are pushing Mexico back toward low-value exports
- Evan Ramstad: We've been through massive physical tech investments before, but not like this
- Paramount, pushing to buy Warner Bros., girds for legal challenges









