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Apple and Epic Games are headed to the Supreme Court in long-running case

Business / Business News /

After six years and multiple rulings, the case between Apple and North Carolina video game developer Epic Games is heading to the nation’s highest court. On Tuesday, the U.S. Supreme Court said it would hear Apple’s appeal over how a lower court enforced an earlier antitrust decision that went against the California tech giant.

What the ...Read more

Henry Payne/The Detroit News/TNS

Ford recalls certain F-150s, SUVs over risk for damage to park system

Business / Business News /

A new recall from Ford Motor Co. is affecting hundreds of thousands of pickups and SUVs over concerns about potential damage to the vehicles' parking system, and it could be months before a remedy is available.

The recall affects certain 2018-2021 Lincoln Navigator and Ford Expedition SUVs, 2020-2021 Explorer and Lincoln Aviators and 2021 F-150...Read more

Chance Yeh/Getty Images North America/TNS

Anthropic partners with California to expand AI use by government workers

Business / Business News /

Anthropic teamed up with California to get more state workers to use its artificial intelligence assistant Claude as part of an effort to leverage technology to make the government more efficient.

Gov. Gavin Newsom, who announced the partnership on Monday, said state agencies will be able to access Claude at a 50% discount. Free training and ...Read more

Michael M. Santiago/Getty Images North America/TNS

Philip Morris can market Zyn as lower risk than cigarettes

Business / Business News /

The Food and Drug Administration authorized Philip Morris International Inc. to market its Zyn nicotine pouches as less harmful than cigarettes, the first time the category has received the distinction.

The company is allowed to say that 20 variants of the pouches pose less risk than the combustible alternatives for a litany of diseases ...Read more

Brian van der Brug/Los Angeles Times/TNS

British regulator may challenge Paramount takeover of Warner Bros. Discovery

Business / Business News /

Britain's culture minister may challenge Paramount Skydance's takeover of Warner Bros. Discovery — presenting a potential speed bump to David Ellison's plan to wrap up his $111 billion deal by September.

Earlier this month, Paramount secured the U.S. Justice Department's blessing to buy the Warner assets, which include CNN, HBO, Cartoon ...Read more

Rocket Lab enters satellite communications market with $8 billion deal

Business / Business News /

Rocket Lab took a big step Monday to better compete with rivals SpaceX and Amazon, announcing an $8-billion acquisition of satellite communications company Iridium.

The Long Beach rocket-and-satellite maker is buying a company that provides critical communications services to pilots, mariners and others, while giving Rocket Lab a foothold in ...Read more

Manny Carabel/Getty Images North America/TNS

iHeartMedia lays off on-air personalities nationwide

Business / Business News /

Riverside, California-based radio station KGGI has lost its last local on-air hosts.

Longtime radio personalities Evelyn Erives, Nick Nack and Garrison King were all cut from the Inland Empire station last week as part of iHeartMedia's latest round of national layoffs. In an internal memo, the media giant said it would restructure its radio ...Read more

Brian Cassella/Chicago Tribune/TNS

Bally's Chicago retains former Mayor Lori Lightfoot in legal battle with city over video gaming terminals

Business / Business News /

As the battle between Bally’s and the city heats up over the advent of video gaming terminals, the casino company has enlisted an unlikely ally — former Mayor Lori Lightfoot — whose administration chose the Rhode Island-based company to build Chicago’s first casino.

Bally’s has hired Lightfoot’s law firm, RKF Global, to navigate the...Read more

Allen J. Schaben/Los Angeles Times/TNS

SpaceX IPO sparks race for luxury housing in Southern California

Business / Business News /

LOS ANGELES -- With SpaceX’s historic initial public offering minting a small army of new millionaires overnight, the Southern California housing market is bracing for a big wave of buyers looking to upgrade their digs or perhaps snag a second home, potentially driving up prices in some in-demand neighborhoods.

Shares of SpaceX started ...Read more

Daniel Mears/The Detroit News/TNS

These businesses are finding a silver lining with tariffs

Business / Business News /

KEEGO HARBOR, Mich. — As tariffs and inflation squeeze Michigan companies, some under-the-radar businesses are thriving because they never needed imports in the first place.

From thrift stores to consignment boutiques to salvage lumber yards, these reuse and resale retailers have, in some cases, benefited from the tariffs President Donald ...Read more

Scott Olson/Getty Images North America/TNS

Zepbound craze fuels $1.3 billion windfall for religious causes

Business / Business News /

The blockbuster success of weight-loss drugs is fueling a wave of giving that’s boosting Christian ministries across the U.S. and Canada.

Eli Lilly & Co.’s largest shareholder, the independent Lilly Endowment, gave nearly $1.3 billion to religious causes in 2025, much of it specifically to Christian groups, according to its annual report ...Read more

Anthony Souffle/Minnesota Star Tribune/TNS

With Minnesota's last known elevator operator, Nicollet Mall office building honors its past

Business / Business News /

MINNEAPOLIS -- A buzz and a red light on the panel alerts Lee Bowser that his elevator is being summoned.

Bowser closes the inner brass gate, careful not to pinch a finger. He turns a large crank slightly to the right — about the 1 o’clock position— and the outer door rumbles shut.

He then pulls it to the 3 o’clock spot, and the cab ...Read more

Nelvin C. Cepeda/The San Diego Union-Tribune/TNS

San Diego's Qualcomm to buy startup Modular for $3.9 billion in AI push

Business / Business News /

SAN DIEGO — Qualcomm agreed to acquire AI software startup Modular in an all-stock deal valued at $3.92 billion, the San Diego chipmaker said Wednesday during its Investor Day, as it works to expand beyond smartphone chips into data center and AI markets.

Equity holders of Modular will receive up to 19.2 million newly issued Qualcomm common ...Read more

Seattle ups its payout for vandalized small businesses. Is it enough?

Business / Business News /

SEATTLE — When a rock smashed the window of Capitol Hill's Analog Coffee last month, the owners were left with a $2,000 bill.

But within weeks, they were reimbursed the repair costs thanks to the city of Seattle’s Back to Business program — which has doled out over $1 million over the past year to small Seattle businesses hit by vandalism...Read more

John J. Kim/Chicago Tribune/TNS

As state lawmakers stall on data center rules, Illinois cities and counties step in to fill the void

Business / Business News /

SPRINGFIELD, Ill. — In lieu of statewide regulations, a growing number of Illinois cities and counties are telling data centers to come back later or adhere to new regulations.

In Aurora, what began as a 180-day moratorium ended with city officials bringing the regulatory hammer down on data centers after many community members complained ...Read more

Medicare Advantage company pays $342M to government in midst of billing probe

Business / Business News /

A major Medicare Advantage company has paid the government more than $342 million to help settle allegations that it overcharged the federal healthcare program for years.

Elevance Health, which covers about 2 million people on Medicare, sent the money to the Centers for Medicare & Medicaid Services via wire transfer on May 27, court records ...Read more

The Mercury News/Bay Area News Group/TNS

Tech firms ax hundreds of Bay Area jobs as cuts this year outpace 2025

Business / Business News /

SAN JOSE, Calif. — Job cuts for the Bay Area tech industry so far in 2026 have greatly outstripped last year’s pace, a gap that has widened in the wake of fresh layoffs for the region’s critical yet unsteady tech sector.

The latest layoffs are poised to erase 600 Bay Area tech jobs, WARN notices posted by the state Employment Development ...Read more

Scott Olson/Getty Images North America/TNS

Corn drops with USDA set to show biggest US supply since 1988

Business / Business News /

Corn tumbled as traders looked past potential crop stress from the building heat dome to a U.S. Department of Agriculture report due Tuesday that’s expected to show the largest American stockpile since 1988.

The agency is set to publish quarterly stocks data along with annual acreage data showing how much U.S. farmers were able to plant in ...Read more

Michael M. Santiago/Getty Images North America/TNS

Evan Ramstad: Swirl of mega-IPOs might catch some investors by surprise

Business / Business News /

This is the summer of the mega-IPO, a flood of new stock listings after years of drought.

Mine is not a personal finance column, but there’s never been a moment quite like this. The opportunity to invest at a relatively early stage of an industry, artificial intelligence in this case, doesn’t come often.

And the dollars these companies are...Read more

George Chan/Getty Images NORTH AMERICA/TNS

Microsoft's $530 billion rout sets up its worst month since 2008

Business / Business News /

Microsoft Corp. shares are heading for their worst month in years as investors continue to fret about how the software giant will fare in a world marked by artificial intelligence.

The stock at one point fell more than 20% in June, which would have represented its worst monthly showing since December 2000, although a two-day gain has helped it ...Read more