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Kalshi pushes back against order to halt most WA operations

Business / Business News /

Online prediction market Kalshi is pushing back against a King County judge’s recent mandate to halt the majority of its operations statewide.

It’s the latest development in the ongoing clash between New York City-based Kalshi and Washington officials.

Kalshi, a platform that lets users buy and sell contracts based on event outcomes, filed...Read more

Dreamstime/Dreamstime/TNS

TikTok to pay $400 million to settle DOJ child privacy case

Business / Business News /

TikTok Inc. and Chinese parent ByteDance Ltd. agreed to pay $400 million to resolve a a Biden-era lawsuit by the Justice Department accusing the popular social media app of collecting data on children in violation of an online privacy law.

The settlement comes several months after ByteDance closed a long-awaited deal to transfer parts of its U....Read more

Alyssa Tisch/The Detroit News/TNS

Ford plans could include Bronco-based Lincoln, midsize truck

Business / Business News /

Bronco is expected to play an increasingly larger role in Ford Motor Co.'s portfolio as the automaker bets on the high-margin off-road segment, according to an industry forecaster.

A Lincoln SUV is expected to be built off the Bronco platform at Wayne's Michigan Assembly Plant starting in the summer of 2029, and a Bronco-styled midsize truck is...Read more

Anna Moneymaker/Getty Images North America/TNS

Carney bets Canada can live with tariffs to unlock investment

Business / Business News /

Canadian Prime Minister Mark Carney is on the brink of a trade pact with the U.S. His next challenge will be convincing his country that swallowing some tariffs is worth the greater economic certainty that a deal would bring.

So far, the emerging details of a draft agreement between Carney and President Donald Trump suggest Canada will accept ...Read more

Cadillac/TNS/TNS

Auto review: 2026 Cadillac CT5-V Blackwing is proof that the funeral for fun was greatly exaggerated

Business / Business News /

The luxury sedan is supposed to be extinct. The industry has held the memorial service, lowered the casket, and handed out little sandwiches to the mourners. Thankfully for everyone who enjoys driving, Cadillac forgot to attend.

Instead, it built the CT5-V Blackwing: a four-door luxury sedan with the temperament of a disgruntled executive who ...Read more

Luke Johnson/The San Diego Union-Tribune/TNS

Econometer: Did San Diego go too far with Comic-Con advertising fines this year?

Business / Business News /

San Diego fined advertisers more than $200,000 during this year’s Comic-Con, the most in its history of code enforcement during the event.

The majority of fines, $160,000, were directed at Marvel Studios for covering the Gaslamp Quarter archway. Yet the city also fined hotels and businesses $48,500 for building wraps, more than double last ...Read more

Henry Payne, The Detroit News/The Detroit News/TNS

Auto review: Livin' large in the Bronco RTR ROVR

Business / Business News /

HOLLY, Michigan — In addition to capturing multiple Formula Drift championships in a Ford Mustang, Vaughn Gittin Jr. has made a name for himself as one of America’s top off-road racers, winning class victories at the Baja 1000 and King of Hammers in a Ford Bronco. The self-described “fun-haver” is one of the most engaging, outsized ...Read more

Tasos Katopodis/Getty Images North America/TNS

Henry Payne: The Freedom 250 roars onto the National Mall. How Penske pulled if off

Business / Business News /

WASHINGTON — For America’s 250th anniversary celebration of the Declaration of Independence, Washington, D.C.’s National Mall has featured a massive fireworks display July 4 and the Great American State Fair from June 25-July 10.

Now it’s the auto industry’s moment to make noise. A lot of noise.

The NTT IndyCar Series’ Freedom 250 ...Read more

Marc Grasso/Boston Herald/TNS

Auto review: '27 Kia Telluride gets 'impressive' overhaul

Business / Business News /

As Kia continues to shock the consumer market with nicely appointed vehicles in every market, the 2027 Telluride hits the ground running with Range Rover vibes, excellent comfort and design.

With a sub-$60,000 base price, the Kia Telluride delivers the wow factor for many drivers.

Our tester, a 2027 Kia Telluride Hybrid X-Line SX-Prestige AWD ...Read more

Justin Sullivan/Getty Images North America/TNS

US wants its booze back in Canada's stores but some say don't buy it

Business / Business News /

Prime Minister Mark Carney has asked Canada’s provinces to end their bans on the retail sale of U.S. alcoholic beverages. It’s a necessary step to getting a trade deal with President Donald Trump across the finish line.

The response so far indicates he’s succeeding — but some provincial politicians, still angry at what they see as an ...Read more

Bizuayehu Tesfaye/Las Vegas Review-Journal/TNS

US housing affordability gauge worsens for first time since 2023

Business / Business News /

A key measure of U.S. housing affordability worsened for the first time in almost three years, as higher borrowing costs soaked up a bigger chunk of earnings for new homebuyers.

Monthly payments on a median-priced $410,700 home accounted for 34% of a typical family’s income in the second quarter of this year, according to data published ...Read more

Nick Wagner/The Seattle Times/TNS

Starbucks lays off 224, including workers refusing to move to Nashville

Business / Business News /

Starbucks is cutting hundreds of its corporate workers as part of a restructuring that began in May.

The Seattle-based coffee giant is laying off 224 workers across the company’s Seattle headquarters and remote positions, according to a Worker Adjustment and Retraining Notification reviewed by The Seattle Times.

The layoffs include 120 ...Read more

Jason Armond/Los Angeles Times/TNS

Charter finalizes $34.5B Cox takeover, bringing Spectrum to millions more customers

Business / Business News /

Charter Communications wrapped up its $34.5 billion takeover of Cox Communications early Thursday, picking up millions of new internet and TV customers in Southern California.

By mid-September, customers of the Atlanta-based Cox will see their packages shift to Spectrum. But Charter is giving its new subscribers in Santa Barbara, Palos Verdes, ...Read more

Richard Tsong-Taatarii/Star Tribune/TNS

Retail earnings show US consumers keep spending for the right price

Business / Business News /

American consumers haven’t given up. But they’re feeling the pressure.

Walmart Inc., which posted its weakest sales growth in more than six years on Thursday primarily due to its pharmacy business, said consumer spending remains at consistent levels even as customers make tradeoffs to prioritize value. Target Corp. and Home Depot Inc. also ...Read more

Arthur Maiorella/Chicago Tribune/TNS

Indiana power outage presses on after 10 days leaving thousands in the dark

Business / Business News /

The newborn baby didn’t understand why he was sitting in the dark.

As power outages in Northwest Indiana dragged on for over a week, Alyssa Casalin said her two-month old boy grew increasingly restless. She struggled to see the baby when he cried at night, hoping her flashlight would turn on. Changing a diaper wasn’t easy. Neither was ...Read more

Handout/Ford Motor Co./TNS

Ford taps NHTSA vet in new chief auto safety officer role

Business / Business News /

Ford Motor Co. has tapped a National Highway Traffic Safety Administration veteran for a new chief auto safety officer role, the Dearborn, Michigan, automaker confirmed to The Detroit News on Thursday.

David Hines steps into the position on Monday, reporting to Steve Croley, Ford's chief policy officer and general counsel. Based out of ...Read more

Hyoung Chang/The Denver Post/TNS

Waymo robotaxis will start picking up Denver riders soon. Here's what it's like

Business / Business News /

DENVER — For about 20 minutes Wednesday morning, I ceded control of my life to the absence of a person. Which is to say, I rode in my first Waymo.

I was among the first people in Denver — aside from the company’s employees — invited to climb into one of Waymo’s cornflower-blue autonomous vans for a jaunt from Alamo Placita Park to ...Read more

Bruce Bennett/Getty Images North America/TNS

Lowe's home improvement got an $80M Trump tariff refund. It won't go to price cuts

Business / Business News /

While some retailers directed federal tariff refunds toward price cuts to lure shoppers, Mooresville, North Carolina-based home improvement giant Lowe’s is taking a different path with its $80 million refund — using it as a financial cushion.

The federal government is issuing roughly $166 billion in refunds to businesses after the U.S. ...Read more

Henry Payne/The Detroit News/TNS

Chrysler recalls 74,578 vehicles over rear spoiler issue

Business / Business News /

Chrysler is recalling about 74,578 vehicles in the United States because of an issue with their rear spoilers, according to the National Highway Traffic Safety Administration.

The recall affects certain 2021-23 Dodge Durango vehicles.

The rear spoiler, which is attached to the back of a vehicle to help manage airflow, may not be properly ...Read more

Real estate Q&A: Should I consider getting a reverse mortgage?

Business / Business News /

Q: I am 71 and retired. My house is paid off, but money is tight every month, and I keep seeing ads for reverse mortgages. My son says they are a scam, and that the bank will end up owning my home. Is that true, or is this something I should actually consider? — Patricia

A: A reverse mortgage is not a scam, nor is it a miracle. Like any loan,...Read more