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Genaro Molina/Los Angeles Times/TNS

Why 'House of David' director thinks AI can save Hollywood jobs

Business / Business News /

In 1926, director Cecil B. DeMille hired hundreds of workers to build a set of Jerusalem inside the DeMille Studios in Culver City for the classic silent film "The King of Kings."

A century later, Jon Erwin filmed his biblical epic 'The Old Stories: Moses,' starring Ben Kingsley, on the same studio lot now owned by Amazon MGM Studios.

Except ...Read more

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San Jose tech giant PayPal agrees to $30 million settlement with feds over DEI fund

Business / Business News /

In 2020 San Jose financial technology giant PayPal proudly announced it would spend a half a billion dollars to support Black and minority businesses and communities because, in the words of then-CEO Dan Schulman, “Black lives matter.”

On Tuesday, the company agreed to a $30 million settlement with the federal government to resolve claims ...Read more

Christina House/Los Angeles Times/TNS

Insurance won't cover Ozempic? WA court sparks discrimination debate

Business / Business News /

Washington Court of Appeals this month revived a legal fight against health insurers' blanket refusals to cover weight loss medications like Ozempic and Wegovy.

In a decision published May 4, the court ruled that insurance plans that prohibit certain types of obesity treatment could potentially violate state antidiscrimination law.

Over the ...Read more

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Investors bet on San Diego's new military-industrial complex, including $1.5B on Shield AI

Business / Business News /

The day before Valentine’s Day, rumors surfaced about a San Diego company’s plans to raise a billion dollars.

Executives at the company didn’t respond to requests for comment. Industry insiders wouldn’t speak on record about the raise — but they didn’t display doubt about the deal either.

The billion-dollar buzz came to fruition a ...Read more

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GM is using AI to design vehicles. Here's what that means

Business / Business News /

The birth of a new General Motors Co. car still begins with a sketch. But after that, the Detroit automaker is leaning into artificial intelligence to supercharge development.

What once took months of work to turn a concept vehicle sketch into a realistic animation now takes days, and checking aerodynamics no longer requires sculpting clay ...Read more

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Tech review: Gift ideas for grads

Business / Business News /

We are in the midst of graduation season, and I’ve been testing some gadgets that would make for great graduation gifts.

Cash is a traditional gift for graduates, but I know a lot of people who like their gift to be a bit more personal.

Fender Elie 6 Portable Bluetooth Speaker ($299.00, fender.com)

Fender is well-known for their guitars and...Read more

Karen Ducey/The Seattle Times/TNS

WA homeowners, farmers say their land is being stolen for data centers

Business / Business News /

GRANT COUNTY, Washington — On a warm Tuesday evening last week, Felicitas Quintero made dinner on the grill while her husband played soccer with their kids. Every day after work, the family gathers on the front lawn — their watering hole.

Now, she’s fighting to keep it.

“It’s the place we find peace,” Quintero said. “Why do we ...Read more

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Altman testifies about 'hair-raising' OpenAI chat with Musk

Business / Business News /

OpenAI’s Sam Altman testified that he was “extremely uncomfortable” with Elon Musk’s insistence that he have complete control over a proposed for-profit subsidiary of the startup back in 2017.

Altman told jurors Tuesday that Musk said he only wanted control of the entity in its early days, but that the billionaire was unwilling to sign ...Read more

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Court halts order finding new Trump tariffs unlawful for now

Business / Business News /

A federal appeals court has temporarily paused a ruling that declared President Donald Trump’s latest global tariffs unlawful, as the judges weigh the administration’s request to allow officials to keep collecting the levies while the legal fight continues.

The U.S. Court of Appeals for the Federal Circuit issued a brief order on Tuesday ...Read more

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Inflation resurgence squeezes US voters as gas, food prices rise

Business / Business News /

The worst U.S. inflation in years is once again eating away at Americans’ paychecks, as rising gasoline and grocery prices threaten to undermine household spending.

Fresh government data out Tuesday underscored how the Iran war is reigniting inflation, straining consumers who were already frustrated by the high cost of living. After ...Read more

David Joles/Minneapolis Star Tribune/TNS

Higher pay, fewer jobs: The real cost of a $15 minimum wage in the Twin Cities

Business / Business News /

When the Minneapolis City Council approved a controversial $15 minimum wage in 2017, no one knew what would happen next.

Workers and business owners made dueling predictions of boom or bust that would result from the citywide wage hike. Cities with similar policies were still phasing in the $15 minimum, so it was impossible to say who was right...Read more

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Former Starbucks CEO Howard Schultz calls Seattle 'hostile' to business

Business / Business News /

Former Starbucks CEO Howard Schultz has taken a jab at Seattle’s mayor and its business climate for what he called “hostile” and “socialist rhetoric.”

Schultz, still Starbucks chairman emeritus, spent decades in Seattle building the coffee company into a global empire. But two months after departing his longtime Seattle home for Miami...Read more

Barbara Haddock Taylor/Baltimore Sun/TNS

Under Armour reports losses as turnaround effort continues

Business / Business News /

Baltimore-based Under Armour reported another year of declining sales Tuesday as the athletic apparel company continued a sweeping restructuring effort under founder and CEO Kevin Plank aimed at stabilizing the business and repositioning the brand around premium products and performance innovation.

The company reported fourth-quarter revenue of...Read more

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Michael Hiltzik: Those $1,000 Trump accounts don't match the hype

Business / Business News /

Here's a riddle for you: A conservative Republican senator, a top economic advisor to the Trump White House and a venture capitalist walk into a conference room at a financial conference and claim a new government program will be a boon for all American families.

Question: Do you think these people are looking out for your interests?

If you ...Read more

Jennifer Buchanan/The Seattle Times/TNS

Boeing delivered 47 airplanes in April, keeping pace with March

Business / Business News /

Boeing delivered 47 airplanes in April, including 34 737 Maxes built in Renton, Washington, and six 787 Dreamliners built in South Carolina.

Boeing’s delivery total is nearly the same as its delivery rate in March, when it shipped 46 airplanes, but slightly lower than February, when it delivered 51 planes.

Year over year, Boeing’s April ...Read more

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California consumers accuse popular Italian food brand of tomato fraud

Business / Business News /

A popular U.S. food distributor has long promised premium, Italian tomatoes in its products. Two Californians claim the company is committing tomato fraud.

A lawsuit filed this month alleges that Cento Fine Foods, a U.S.-based Italian food distributor, falsely labels its products as containing San Marzano tomatoes.

The tomatoes in question are...Read more

Mario Tama/Getty Images North America/TNS

Netflix touts $325 billion economic impact and 425,000 jobs created by its productions worldwide

Business / Business News /

On the eve of its upfront presentation to the advertising industry, streaming giant Netflix is touting the economic results of its film and television show productions.

The Los Gatos, California, company's programming has created more than 425,000 total jobs and contributed more than $325 billion to the global economy, Netflix said in a new ...Read more

Alie Skowronski/Miami Herald/TNS

How Spirit's collapse changed the economy -- and lives. 'Back to ramen noodles'

Business / Business News /

Like much of the world, Donald “Dean” Zoellers learned of Spirit Airlines’ demise on the morning of May 2.

He was hit hard, certainly more than travelers who loved the Broward-based carrier’s low prices or bright yellow planes. The 63-year-old grandfather of seven worked as a maintenance controller, managing airline maintenance ...Read more

Greg Gilbert/The Seattle Times/TNS

Funko accused of collecting user data without permission

Business / Business News /

A new lawsuit accuses Funko, the Everett, Washington-based pop culture collectibles brand, of collecting and selling users’ data without permission.

Funko sells officially licensed collectibles, apparel, accessories and other merchandise related to popular franchises, including Star Wars, Disney and Marvel. The company is most known for its ...Read more

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Oversight chair seeks information from OpenAI's Sam Altman about potential financial conflicts

Business / Business News /

WASHINGTON — The chair of the House Oversight Committee has sent a letter to OpenAI Chief Executive Sam Altman requesting information about potential conflicts of interest between Altman’s personal investments and his operation of the company.

The letter, sent Friday, comes amid a high-stakes legal battle currently playing out in an ...Read more