Business
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The Week Ahead: Will China follow its own advice?
In the tit-for-tat global trade environment President Donald Trump has manufactured, China urged the U.S. to make a "wise decision" as it approached a deadline deciding billions of dollars in threatened American tariffs on...Read more
In auto talent war, GM hires 9,000, spends $1 billion on offices
DETROIT -- Oct. 2, 2017, is historic inside General Motors human resources.
That's the day when product development boss Mark Reuss told a group of reporters at GM's Design Dome in Warren that the automaker would ...Read more
It's like QVC — but through a live-stream. How U.S. boutiques are reaching customers in China
LOS ANGELES -- Livestreaming from a showroom in Los Angeles' fashion district, Simi Wu enticed an audience half a world away in China with an offer: The bubbly host said she'd give a discount to anyone who could correctly ...Read more
Auto review: Hyundai's 2018 Ioniq Hybrid gives consumers a sporty Prius alternative
The compact Ioniq Hybrid, introduced last year to be Hyundai's direct competitor to the popular Toyota Prius, entered its second year for 2018, with a starting price of $22,200 (plus $885 freight) for the base Blue model, ...Read more
Amazon Studios partners with Nicole Kidman's production company
LOS ANGELES -- In another significant production deal that is intended to strengthen its position against Netflix and other competitors, Amazon Studios has signed a first-look agreement with Oscar-winning actress Nicole ...Read more
New UAW president takes oath, vows to fight right-to-work laws
DETROIT -- Gary Jones took the oath of office Thursday as the new president of the UAW, steeling members for what he called a fight for both the future of the union and the American middle class.
Jones, 60, told members ...Read more
Company owned by Chinese government awarded another contract at a Trump development
WASHINGTON -- A major construction company owned by the Chinese government was awarded another contract this week to work on the Trump golf club development in Dubai, further raising questions about potential conflicts of ...Read more
Microsoft may be aiming for Amazon with cashier-less shopping technology
SEATTLE -- Microsoft may be gearing up to challenge Amazon on its home turf -- the world of retail shopping -- by developing cashier-less technology for grocery stores.
Six people told Reuters news service that the ...Read more
The Mortgage Professor: Refinancing in a time of rising rates and property values, part 2
While rising interest rates have sharply reduced the number of mortgage borrowers who can refinance into a lower rate, rising home prices create opportunities for some borrowers to refinance into mortgages that are less ...Read more
Corktown: Will Ford's move transform inner-city neighborhood, and with it Detroit?
DETROIT -- In 1979, Jerry Esters was working on the roof of a property he had inherited from his father in North Corktown when he had an epiphany: He could see downtown. First the train station, then the downtown skyline. ...Read more
Reading the room
Just because there's a degree from Harvard Business School on my resume doesn't mean I'm a snob. It also doesn't mean I went to Harvard Business School, but that's another story.
I did read a recent issue of Harvard ...Read more
Me Thinks He Doth Protest Too Much
Q: The problem is that I do not know what I want to do when I grow up. I have been in recruiting for 17 years and feel burned out. This has caused my family situation to be challenging for me. Five years ago my wonderful ...Read more
Real estate Q&A: Should I rely on lender-placed insurance or get my own?
Q: We have let our mortgage lender choose our hazard insurance for our home. Although it was more expensive, we figured that if our lender picked it, then it must be great coverage. A friend just told me this is not the ...Read more
Graduating to your own car? Safety features are key
More than 50 years ago, a certain graduate in an Italian roadster made a cross-country race against time, love and impending adulthood. Though Alfa Romeo has returned to the U.S. and "The Graduate" is still a classic, a ...Read more
E3 expo highlights virtual reality's never-ending challenge: to get real
LOS ANGELES -- When Elizabeth Ching took off her headset, she was panting.
She had just finished playing a new virtual reality boxing game called "Creed: Rise to Glory" at E3, the nation's biggest video game convention, ...Read more
High cost of housing drives up homeless rates, UCLA study indicates
Sky-high housing costs are a significant factor behind California's homeless crisis, according to a new analysis from UCLA.
In a study contained in the latest UCLA Anderson Forecast, released Wednesday, UCLA found that ...Read more
Consumer Confidential: Does this dog look like a Saint Bernard? The questionable business of home DNA tests
A DNA test found that I'm 72.3 percent of Ashkenazi Jewish descent, thanks to ancestors from Ukraine. I expected as much.
It also determined that I'm 11.3 percent Scandinavian, 7.8 percent Spanish or Portuguese, and 3.1 ...Read more
Chicago taps Elon Musk's company to build high-speed tunnels that would tie Loop with O'Hare
CHICAGO -- Autonomous 16-passenger vehicles would zip back and forth at speeds exceeding 100 mph in tunnels between the Loop and O'Hare International Airport under a high-speed transit proposal being negotiated between ...Read more
General Motors names Suryadevara as company's first female CFO
DETROIT -- General Motors Co. will have a new CFO this fall, the first woman to fill the role.
Dhivya Suryadevara, 39, will become CFO effective Sept. 1. She succeeds Chuck Stevens, 58, who will retire March 1, 2019. ...Read more
Comcast makes hostile $65B bid for Fox, seeking to oust Disney
It's game on.
Comcast Corp made a $65 billion cash offer for the Fox assets that Rupert Murdoch-controlled 21st Century Fox is selling to the Walt Disney Co. -- setting up what may be a punishing takeover battle between ...Read more
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