International Business Machines Corp. and AT&T Inc.’s computer systems were repeatedly breached by foreign hackers, and the companies concealed those intrusions from the U.S. government in violation of the law, according to a lawsuit from a former IBM cybersecurity official.

William Barlow, IBM’s former vice president of threat intelligence...Read more

For the first time in its three decades-plus history, Amazon is now No. 1 on the Fortune 500 list.

The Seattle-based tech giant knocked Walmart down to No. 2, ending the Arkansas-based retailer’s 13-year reign on top. The list ranks 500 of the largest American corporations by revenue each year and only four companies have ever held the top ...Read more

While the rise of pocket listings — when a residential property is put up for sale without being placed on the Multiple Listing Service — are tough to track, one local broker said it should concern anyone who is looking to buy or sell a home in the near future.

Multiple studies estimate pocket listings make up small portions of the overall ...Read more

Ford Motor Co. is advising owners of certain Bronco Sport SUVs and Maverick pickup trucks not to drive their vehicle over the potential of a incorrectly installed part that could result in a driver losing control of steering.

The recall is on 2022-2026 Bronco Sports and Mavericks, affecting 4,653 vehicles. Dealers are being instructed to ...Read more

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