Top officials in the Justice Department’s antitrust division are trying to blunt an agency-wide reorganization plan from derailing major competition cases, according to people familiar with the matter.

Gail Slater, who took over the unit last month after being nominated by President Donald Trump, is seeking to shield key aspects of the ...Read more

For a brief moment, it looked like Wall Street’s worst fears about President Donald Trump’s tariff plans were misplaced — and a relief rally started rippling through markets.

Then, as he stood in the White House Rose Garden Wednesday soon after 4 p.m., pointing to an oversized placard with the levies he’s slapping on imports from the U...Read more

Apple Inc. is finding itself squarely in the crosshairs of President Donald Trump’s new tariffs, even after a yearslong effort to insulate the iPhone maker from trade wars and supply chain disruptions.

A long list of levies unveiled by the White House are poised to hit the company especially hard, triggering an after-hours stock rout on ...Read more

The real estate software company RealPage announced on Wednesday that it is suing Berkeley, California, over the city’s recently passed ban on rental price-setting software, which tenant advocates say allows landlords to collude to raise rents.

The move comes as the company faces numerous anti-competition lawsuits brought by renters and bans ...Read more

State Farm General, already seeking an emergency 22% rate hike for its homeowners insurance, has asked California regulators for an even larger increase for its add-on umbrella insurance.

The state's largest home insurer has filed for a 39% premium hike for its California Personal Liability Umbrella program, which provides homeowners additional...Read more

Boeing CEO Kelly Ortberg came to Congress Wednesday with a straight-forward message: Boeing has made “serious missteps” in recent years but it has a promising improvement plan guiding it forward.

Lawmakers, in response, said they want to see the airplane manufacturer succeed but are still concerned about some of the practices in place at ...Read more

Amazon reportedly has made a bid to buy TikTok, the popular video app that is in danger of being banned in the U.S. if it can't reach a deal that would separate it from its Chinese owner..

Under a U.S. law signed by then-President Joe Biden last year, TikTok's parent company, ByteDance, is required to sell off TikTok's U.S. operations in order ...Read more

SAN FRANCISCO — ChatGPT maker OpenAI this week announced it raised a whopping $40 billion as it races to dominate a competitive AI landscape against tech giants like Google, and rivals including Anthropic and Chinese upstart DeepSeek.

The investment was the highest ever raised for a startup and places OpenAI at a $300 billion valuation, ...Read more

Apple’s new MacBook Air has been recently updated to the M4 processor, and while the design remains the same as the M2 and M3 models before it, there are a few nice upgrades on the inside to make the M4 worthy of your consideration.

Personally, I’ve been a MacBook Pro user at home for decades. I always just thought I needed the most ...Read more

Stellantis NV's U.S. sales fell by 12% in the first quarter compared to last year, continuing a recent trend of weak performances by the automaker.

But the maker of Chrysler, Dodge, Jeep and Ram said its quarterly vehicle sales to retail customers — traditional shoppers at dealerships — held steady compared to the first three months of 2024...Read more

MINNEAPOLIS — Mike O’Brien used to ignore coupons.

That changed a few years ago when the Lakeville, Minnesota, 61-year-old retired, he said, “just in time for inflation to rear its ugly head.” Now he and his wife stick to budget-friendly grocery chains, buy in bulk and skip pricier items like apples and eggs. A backyard garden supplies ...Read more

Meta Platforms Inc., ramping up work on a deluxe version of its popular smart glasses, plans to include hand-gesture controls and a screen for displaying photos and apps.

The company intends to introduce its first glasses with a screen as early as the end of this year — a product it sees as a key step toward providing an alternative to Apple ...Read more

Conservative cable news channel Newsmax is getting a Trump bump on Wall Street.

The Boca Raton, Florida, outlet's stock price surged after its initial public offering Monday. Shares offered at $10 closed at $233 a share Tuesday afternoon, giving the company a market valuation of over $20 billion.

Newsmax itself tracked the stock's movement ...Read more

The Bay Area’s tech industry stumbled at the start of 2025 with a net loss of thousands of jobs over the first two months of this year, a slump that suggests the crucial sector’s hiring woes have yet to run their course.

During the first two months of 2025, tech companies slashed a net total of 8,700 jobs in the Bay Area, according to a ...Read more

The day before Boeing CEO Kelly Ortberg was to appear before Congress, U.S. Sen. Maria Cantwell raised “critical concerns” about a program that allows the aircraft manufacturer to certify its own work.

That program — called Organization Designation Authorization, or ODA — has been heavily scrutinized over the last several years, and has...Read more

Life sciences companies have decided to chop hundreds of Bay Area jobs in a fresh wave of layoffs that hint at ongoing turbulence in the region’s biotech sector, state labor agency posts show.

All told, the biotech companies have revealed their intentions to slash 310 Bay Area jobs, according to official notices the companies sent to the ...Read more

A rally in the world’s largest tech companies lifted stocks as investors brushed off weak economic readings to focus on prospects for interest-rate cuts ahead of President Donald Trump’s tariff rollout.

In another volatile session, the S&P 500 wiped out a 1% slide that was triggered by weak manufacturing and jobs data. A gauge of the “...Read more

The United Auto Workers added almost 5,000 members last year amid successful organizing efforts, including at Volkswagen AG's plant in Tennessee.

The Detroit-based union's membership stood at 375,161 at the end of 2024, a 1.3% increase from its total ranks a year prior, a U.S. Department of Labor filing shows.

The member growth, albeit small, ...Read more

Ashley Rodriguez loves living in Atlanta’s Summerhill neighborhood. Her two children can play in nearby parks, she can walk to her favorite restaurants, and it feels pretty safe.

“The people that live here are great too, and the schools are also good,” she said. “If I had my way, I wouldn’t leave.”

But because she’s renting her ...Read more