Applications for U.S. unemployment benefits rose last week to the highest level since February, potentially reflecting volatility around the Memorial Day holiday.

Initial claims increased by 13,000 to 225,000 in the week ending May 30, according to Labor Department data out Thursday. The median estimate in a Bloomberg survey of economists ...Read more

SEATTLE — Defense contractor Anduril Industries is expanding in Seattle, with hiring plans to fill out what it calls its connected warfare headquarters.

After installing a small office in Seattle about six years ago, the Costa Mesa, California-based company has expanded into Bellevue and Seattle's ship canal, pumping millions of dollars into ...Read more

PITTSBURGH -- Wendy Gilch wasn’t looking for a new financial threat lurking in the housing market when she opened TikTok.

The Franklin Park, Pennsylvania, consumer advocate was researching a completely different problem: companies she believed were violating the Federal Trade Commission’s advertising rules with fake testimonials, AI-...Read more

LOS ANGELES -- A rule intended to prevent rent gouging in the wake of the Eaton and Palisades fires has lapsed in Los Angeles County, possibly exposing some renters to hikes.

The executive order that blocked rent increases was issued by Gov. Gavin Newsom amid the devastating wildfires last year. Under the order, landlords couldn't increase ...Read more

PHILADELPHIA -- Signs point to a stronger housing market last month in the Philadelphia region than in most other major metropolitan areas.

In the Philadelphia metro, home sales were less likely to fall through and sellers were less likely to cut their prices in April, according to two Redfin analyses of the country’s 50 most populous ...Read more

SEATTLE — Around 550 Longview pulp and paper mill workers idled by last week's deadly implosion can count on paychecks at least through Aug. 8, the company and its union said Wednesday.

A chemical tank at the Nippon Dynawave Packaging plant imploded May 26, killing 11 workers in one of the deadliest industrial disasters in state history.

The...Read more

LOS ANGELES — After a yearslong investigation, the California Department of Fish and Wildlife said Dudley Market violated state fishing laws, and staff, fishermen and businesses associated with the popular Venice restaurant and wine bar were hit with $150,000 in penalties and court fees.

Dudley Market is known for its fresh seafood, and ...Read more

DETROIT — The negotiation process with the United Auto Workers over its strike at the auto components plant in Three Rivers run by the Detroit-based company formerly known as American Axle is "very active," its chief financial officer said Wednesday.

But the Detroit-based union says the parties haven't returned to the bargaining table since ...Read more

DETROIT — Gotion Inc. has asked a federal judge to order the Michigan township where it was supposed to call home to repay the roughly $23.7 million it owes the state in taxpayer-funded incentives.

Green Township's actions opposing Gotion's planned battery parts plant made it all but impossible to move forward, the company argued, leaving ...Read more

No one knows whether AI will trigger a white-collar jobpocalypse. The loudest warnings still come from people building and selling the technology, whose predictions often double as hype-mongering or cover for unrelated cost cutting with investor-friendly language. Think-tank and analyst forecasts are no less vertiginous.

The honest answer is ...Read more

LOS ANGELES — California defense tech startup Mach Industries said Tuesday it raised $300 million, nearly quadrupling the company's valuation to $1.8 billion within a year.

The Huntington Beach startup's soaring valuation underscores how defense tech funding is booming as armed conflicts such as the Iran war and the Russian-Ukrainian war ...Read more

When Google recently announced radical changes to its search tool that will overshadow the page of blue links we’ve been used to seeing for more than a decade, online advertisers had something of a collective freak-out. The Alphabet Inc.-owned company called it the biggest such shift in more than 25 years, and that the search bar would be “...Read more

U.S. companies in May added the most jobs since January 2025, signaling the labor market may be gaining momentum despite rising energy costs sparked by the Iran war.

Private-sector payrolls rose by 122,000 after advancing 105,000 in the prior month, according to ADP Research data out Wednesday. The median estimate in a Bloomberg survey of ...Read more

SpaceX is planning to offer shares ​at $135 apiece to raise $75 ​billion in its ⁠initial public ​offering, according to people familiar with the matter, as Elon Musk rejects another Wall Street convention by setting a fixed price ahead of the marketing phase of the deal.

The rocket, satellite and artificial intelligence company aims to ...Read more

They don’t look like much — two small boxes and a solar panel mounted on some utility poles around Pittsburgh. A small weather station and a sensor, constantly updating Duquesne Light on the conditions of its transmission lines.

The system is crunching the data into a physics equation that governs how transmission lines operate. The more ...Read more

Fernando Flores can spend eight hours a day pouring the same cup of coffee.

He is not a barista. He's a robot puppeteer, trying to train humanoids.

He manipulates mechanical controllers to make nearby robot arms pick up a pot of coffee, pour it into a mug and put the pot back in the coffee maker. Flores checks for spills, then empties the mug ...Read more

The attorney general in Massachusetts is suing UnitedHealthcare, alleging in the lawsuit that the Minnetonka-based health insurance giant pocketed millions by overstating the health risks of lower-income residents enrolled in a health plan for Medicaid beneficiaries.

Between January 2015 and December 2025, UnitedHealthcare systematically ...Read more