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Minnesota's biggest companies starting to feel heat from ICE surge
A video circulating on social media shows federal immigration officers putting a worker into a gray pickup truck in a parking lot behind General Mills’ Chanhassen manufacturing facility in the second week of January.
The 27-second clip with no audio demonstrates Immigration and Customs Enforcement’s growing presence at Minnesota’s ...Read more
Trump's credit card threat casts shadow over Wall Street's profit parade
Donald Trump’s return to the White House unleashed a market rally, dealmaking went into overdrive, and bankers embraced all things Trump to rake in the big money.
The new year is offering Wall Street enough reason to worry that the party could be cut short.
The top U.S. banks are trotting out results this week that back up the big run-up in...Read more
Boeing warned 15 years ago about part problem at center of UPS crash
More than a decade before a deadly crash last year, Boeing warned MD-11 operators that a part securing the cargo plane’s engines to their wings had failed four times, while insisting it did not pose a safety risk.
Now that piece is the focus of an investigation into the UPS Flight 2976 disaster in Kentucky.
In a memo Wednesday, the National ...Read more
Mamdani directs NYC agencies to find ways to cut small business fines
NEW YORK — Mayor Zohran Mamdani is directing his city agencies to work toward cutting down fees and fines for small businesses.
Small businesses in New York are required to fork up cash for, among many other things, the ability to serve ice cream and install fridges.
The executive order, signed by Mamdani on Wednesday, calls on the Deputy ...Read more
Why is Meta laying off workers again?
Social media giant Meta said it's cutting more than 1,000 workers and closing several content studios as it focuses its efforts on artificial intelligence-powered wearables such as smart glasses.
The reductions are within Meta's Reality Labs division where employees work on the metaverse, digital spaces where people socialize, work, learn and ...Read more
Buttigieg: Automated vehicles now 'safer' than human drivers
DETROIT — Former U.S. Transportation Secretary Pete Buttigieg said Tuesday that the artificial intelligence powering self-driving vehicles is now "safer" for passengers than human hands behind the wheel, and he predicted more Americans will become one-car families as the technology is widely adopted.
Buttigieg made the prediction during a ...Read more
Feds ban GM from selling data for five years after scandal
WASHINGTON — The Federal Trade Commission finalized an order Wednesday against General Motors Co. that will ban the company from disclosing consumers’ geolocation and driver behavior data to consumer reporting agencies for five years.
The agency said in a news release that GM "collected, used, and sold consumers’ precise geolocation data...Read more
Capital One to pay $425 million for deceptive savings accounts
Maryland and other states have settled with Capital One for $425 million after the bank was found to have used deceptive practices and misleading language for its 360 Savings accounts, according to the Office of the Maryland Attorney General.
The $425 million settlement is a revised agreement stemming from a complaint about Capital One’s 360 ...Read more
Nationwide Verizon mobile service outage reported across NYC, other cities
Verizon customers experienced a mobile service outage across the nation on Wednesday.
More than 180,000 unconfirmed reports were made to Downdetector, peaking in the early afternoon. The hotspot map showed most of the reports coming from New York City, Chicago and Portland, Oregon.
The network status section of the Verizon website appeared to ...Read more
Apple bundles creative apps into $13-a-month subscription
Apple Inc. announced a new subscription bundle of creative apps called Creator Studio, an attempt to give its photo- and video-editing software fresh momentum in the face of intensifying competition.
The bundle, announced Tuesday, includes Final Cut Pro, Logic Pro and Pixelmator Pro, among others, and will be available Jan. 28 for $12.99 per ...Read more
Microsoft swears off local subsidies as worry over AI power crunch looms
Who's going to pay for the artificial intelligence boom?
As tech titans invest billions into data centers and high-tech computer chips to fuel their AI ambitions, concerns are building over energy costs, especially in communities where data centers pop up.
Microsoft says it will pay its own way.
The Redmond-based tech giant on Tuesday ...Read more
Trump calls North American trade pact he brokered 'irrelevant'
President Donald Trump expressed indifference toward the North American trade agreement with Canada and Mexico, portending a lengthy renegotiation of the U.S.’s largest free-trade pact.
Trump on Tuesday said there’s “no real advantage” to the U.S.-Mexico-Canada Agreement, which he signed in 2020 and is subject to a review this year. He ...Read more
How bits of Apple history can be yours
In March 1976, Apple cofounders Steve Jobs and Steve Wozniak both signed a $500 check weeks before the official creation of a California company that would transform personal computing and become a global powerhouse.
Now that historic Wells Fargo check could be sold for $500,000 at an auction that ends on Jan. 29. The sale, run by RR Auction, ...Read more
Redfin CEO Glenn Kelman steps down
Glenn Kelman is stepping down after more than 20 years of serving as Redfin’s CEO.
“I gave it my all! Leaving was my decision. I love my colleagues. We saved consumers a billion dollars in commissions. I hope to use all that I learned to do something as good as Redfin, in a different field,” Kelman wrote in a LinkedIn post Tuesday.
His ...Read more
A joke or an insult? Starbucks employee is fired after LA County deputy is handed cup with pig drawing
A Starbucks employee has been fired after the Los Angeles County sheriff raised concerns about a disposable coffee cup with a hand-drawn pig on it was served to one of the department's deputies.
The deputy who received the drawing said in a post on his private Instagram account that he had stopped at a Starbucks location in Norwalk to get some ...Read more
Ford highlights off-roading bet at auto show amid affordability woes
DETROIT — Off-roading is a strategic bet for Ford Motor Co. to boost sales and attract younger buyers, even as forecasts predict vehicle affordability concerns could shrink the U.S. market this year.
Off-road performance trims like Raptor and Tremor account for more than 20% of Ford's U.S. mix, up from 7% pre-pandemic. The industry-wide $7 ...Read more
Macy's closing its longest-operating store in San Diego County
Macy’s announced it is closing its longest-operating store in San Diego County, its anchor department store in La Mesa’s Grossmont Center.
The closure is one of two planned for California and 14 planned across the country in 2026, as part of a continued restructuring that the company, founded in 1858, has dubbed its Bold New Chapter.
Its ...Read more
'Puzzling story': Michigan Business leaders talk tariffs, jobs as Trump arrives
DETROIT — Just before President Donald Trump hit the stage Tuesday at MotorCity Casino to promote his economic policies, a trio of economic and business leaders sat in the same theater and expressed a lukewarm — and at times pessimistic — view on the trajectory of Michigan's economy.
"There's so much uncertainty, and that's the key word,"...Read more
US Bank buys investment firm BTIG in deal worth up to $1B
Minneapolis-based U.S. Bancorp announced Jan. 13 that it plans to buy investment banking firm BTIG for up to $1 billion in a strategic move meant to expand client services.
U.S. Bank counts as customers more than 90% of Fortune 1000 businesses, which will now be exposed to BTIG’s services.
Stephen Philipson, U.S. Bancorp’s head of wealth, ...Read more
Detroit Auto Show's 'prove-it' year: More hybrids, gas, experiences
DETROIT — The Detroit Auto Show is not quite the wild spectacle it once was — gone are the flashy vehicle reveals that involved shattering a glass window or herding cattle, no longer is there the crush of 5,000 global journalists or public attendance figures that sometimes approached 1 million people.
But organizers believe the Huntington ...Read more
Popular Stories
- A joke or an insult? Starbucks employee is fired after LA County deputy is handed cup with pig drawing
- Abandoned shops and missing customers: Fire-scarred businesses are still stuck in the aftermath
- Trump's credit card threat casts shadow over Wall Street's profit parade
- Why is Meta laying off workers again?
- Buttigieg: Automated vehicles now 'safer' than human drivers









