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Allen J. Schaben/Los Angeles Times/TNS

How one LA company ditched rigid office mandates and got workers back

Business / Business News /

Los Angeles video gaming company Riot Games abandoned its return-to-office requirements in January, and surprisingly, more of its employees have been showing up at work.

Two years of dictating that everyone commute into work on Tuesdays, Wednesdays and Thursdays was hurting the morale as well as the productivity of many. Riot decided on a ...Read more

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Haitian businessman Dimitri Vorbe has been locked up for over 300 days. He's not alone

Business / Business News /

MIAMI — Exactly 260 days after immigration agents arrested a prominent Haitian businessman at his South Miami home, U.S. District Judge Darrin Gayles questioned why Dimitri Vorbe had been held for so long without due process.

“I am concerned about the whole idea that the petitioner can just be detained indefinitely,” Gayles said on June 9...Read more

Dreamstime/Dreamstime/TNS

Anthropic's AI models hacked three organizations during tests

Business / Business News /

Anthropic PBC announced that its artificial intelligence models had breached three different organizations during cybersecurity tests that went awry, a little more than a week after its chief rival, OpenAI, disclosed a similar incident.

Anthropic said in a blog post Thursday that it made the discovery after performing a review of its own ...Read more

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LinkedIn is cracking down on 'AI slop' with new reporting tool

Business / Business News /

LinkedIn has a new mission: Cleaning up the AI-generated junk in its feed.

The Microsoft-owned platform on Thursday unveiled a “seems like AI slop” button so users can report posts that appear to be low-quality posts written by AI.

“People come to LinkedIn to connect with real people and share their real perspectives, ideas and expertise...Read more

Steven Cukrov/Dreamstime/TNS

Anheuser-Busch reports increased revenues following World Cup partnership

Business / Business News /

ST. LOUIS — The World Cup and a focus on premium beer brands helped to buoy sales, Anheuser-Busch InBev leaders reported Thursday.

For its most recent quarter, ending June 30, revenue grew 5.6% — $1.65 billion — to $16.66 billion, compared to the same period last year, beating analysts' expectations of $16.29 billion.

Volumes were up 0.9...Read more

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Judge tosses lawsuit alleging Zillow deceived home shoppers

Business / Business News /

A federal judge has thrown out the central claims in a lawsuit alleging that Zillow illegally deceived home shoppers into working with certain real estate agents.

The case, filed in September, said that prominent buttons on Zillow’s website inviting browsers to “Contact agent” or “Request a tour” make home shoppers assume they’re ...Read more

Ken Lambert/The Seattle Times/TNS

Microsoft's head count falls for first time in a decade

Business / Business News /

Microsoft's global workforce has fallen by 5,000 employees since last summer, as the company looks to streamline its corporate structure amid the artificial intelligence boom.

As of June 30, the end of Microsoft's 2026 fiscal year, the company had 223,000 full-time workers, according to a Wednesday regulatory filing. It's a 2% drop year-over-...Read more

Meg McLaughlin/The San Diego Union-Tribune/TNS

Qualcomm lands deal to power BMW's self-driving electric vehicles

Business / Business News /

San Diego chipmaker Qualcomm announced Wednesday that BMW has chosen it as the lead chip supplier for the automaker’s next-generation vehicles, extending a partnership into the next decade.

The deal builds on a relationship that began in 2021, when BMW first selected Qualcomm’s Snapdragon Ride technology for its driver-assist and self-...Read more

Amazon blows past earnings estimates with booming cloud growth

Business / Business News /

Amazon beat Wall Street earnings estimates, driven by better-than-expected cloud-computing growth, a sign the company’s artificial intelligence bets are showing results.

The Seattle-based tech giant on Thursday reported $200.6 billion in total revenue for the second quarter, a three-month span that ended June 30. It was a 20% increase from ...Read more

Hyoung Chang/The Denver Post/TNS

Cargill, union reach tentative agreement to end monthslong labor lockout in Colorado

Business / Business News /

The Cargill meatpacking plant and a union representing nearly 2,000 of its workers in Fort Morgan, Colorado, this week reached a tentative agreement that would end a monthslong labor dispute that has threatened to cripple the local economy.

The company and the union, Teamsters Local 455, reached a recommended settlement for a new labor ...Read more

Frederic J. Brown/AFP/GETTY IMAGES NORTH AMERICA/TNS

California's proposed billionaire tax exposes rifts among labor unions

Business / Business News /

One of California's most powerful labor unions declined to endorse a proposed state billionaires tax, a blow to its backers and a sign of simmering divisions on the left over the controversial ballot measure.

The executive board for Service Employees International Union California voted Wednesday to take a neutral position on the tax, which ...Read more

HECTOR AMEZCUA/The Sacramento Bee/TNS

California farmworkers report effects of ICE enforcement: Less shopping, medical help

Business / Business News /

More than 90% of California farmworkers say immigration enforcement operations and deportations have affected their employment under President Donald Trump’s second term.

That’s according to a new survey released Thursday morning by the UFW Foundation, which is a farmworker advocacy organization separate from the historic labor union. The ...Read more

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Silicon Valley donors poured $194 million into California politics. Now comes the wealth tax fight

Business / Business News /

For more than 15 years, Google co-founder Sergey Brin didn’t spend a cent in California elections, but earlier this year, when it seemed likely a union-backed wealth tax would make its way onto the November ballot, he reopened his wallet.

The $85 million that he’s contributed so far this year eclipses his past political spending in the ...Read more

David Guralnick/The Detroit News/TNS

Stellantis reports quarterly profit, but investors wary about turnaround progress

Business / Business News /

Stellantis NV reported a profitable second quarter Thursday that was boosted by rising demand for its vehicles in North America, but investors aren't yet convinced by the carmaker's ambitious new turnaround plan as shares fell in New York and elsewhere.

The maker of Jeep, Ram and Fiat vehicles posted quarterly net profit of $335 million (293 ...Read more

Katy Kildee/The Detroit News/TNS

UAW ignores federal monitor's guidance to create budget, track finances

Business / Business News /

In the wake of the United Auto Workers corruption scandal several years ago, the federal watchdog overseeing the Detroit union issued a seemingly basic recommendation: Create an annual budget.

The UAW — a sprawling organization with roughly 400,000 dues-paying members and more than $1 billion spread across several funds — had not previously...Read more

Real estate Q&A: Can I take over seller's mortgage loan with low interest rate?

Business / Business News /

Q: The house I want to buy has a mortgage at a 3 percent interest rate, and my agent says the loan might be “assumable.” Rates today are more than double that. Can I really just take over the seller’s loan and keep that low rate instead of getting a new one? What is the catch? — Marcus

A: I understand the appeal. A rate like that feels ...Read more

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Amazon's Zoox gets green light to deploy up to 5,000 robotaxis

Business / Business News /

Amazon.com Inc.’s driverless-car business will be allowed to commercially deploy as many as 2,500 vehicles annually in the U.S. over the next two years, clearing the way for more robotaxis in a market dominated by Alphabet Inc.’s Waymo.

The National Highway Traffic Safety Administration announced Thursday that it will give a temporary ...Read more

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Mortgage rates in US rise to 6.66%, highest level in a year

Business / Business News /

U.S. mortgage rates rose to a 12-month high as Treasury yields climbed in recent weeks and continued fighting in Iran fueled concern about higher inflation.

The average for a 30-year, fixed loan increased to 6.66% from 6.58% a week earlier, Freddie Mac said in a statement Thursday. The rate was the highest since July 31, 2025, when it was 6.72%...Read more

Bizuayehu Tesfaye @bizutesfaye/Las Vegas Review-Journal/TNS

Fewer Californians are moving to Nevada, DMV data shows

Business / Business News /

Fewer out-of-state residents, especially Californians, moved to Nevada last year, according to Nevada Department of Motor Vehicles driver’s license surrender data obtained by the Las Vegas Review-Journal.

The DMV collected approximately 82,072 surrendered out-of-state or country driver’s licenses or IDs in 2025, a 14 percent drop from 2024 ...Read more

Kevin Clark/The Seattle Times/TNS

Microsoft posts strong quarterly results, smashing investor forecasts

Business / Business News /

Microsoft comfortably beat Wall Street estimates on Wednesday, reporting strong Azure cloud growth and better-than-expected profit for the fourth quarter of its 2026 fiscal year.

Microsoft's revenue for the quarter, which ended on June 30, came at $90 billion, beating analysts' estimates by more than $2 billion. Quarterly revenue grew by 18% ...Read more