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Real estate Q&A: Can country club board decide who is on new owner's deed?

Business / Business News /

Q: A lady I know recently purchased a country club property together with her stepfather. The club’s board decided they couldn’t be members because the stepfather was married to her mother, which would automatically make the mother the second member. They were told the mother had to be included, even though she wasn’t on the property deed,...Read more

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A week after layoffs linked to AI cost, Microsoft pledges $4B to AI education

Business / Business News /

Microsoft plans to donate $4 billion worth of cash, technology and training to enhance artificial intelligence education, a substantial bequest as the Redmond, Washington-based software giant aims to make billions more off a technology it expects to be on par with the introduction of electricity.

Microsoft President Brad Smith announced the ...Read more

Seattle sued over its mandatory housing affordability program -- again

Business / Business News /

A small construction company and two homeowners in Seattle are suing the city over its mandatory affordable housing program that requires developers either build or help pay for below-market-rate homes.

The lawsuit, brought by the libertarian-minded Institute for Justice, alleges the program fails to establish a nexus between new residential ...Read more

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UnitedHealth shares trade lower following report of new details from DOJ investigation

Business / Business News /

UnitedHealth Group shares fell about 2% in trading Wednesday morning after the Wall Street Journal reported new details on a previously reported criminal investigation by the U.S. Department of Justice into Medicare Advantage billing practices at the Eden Prairie-based health care giant.

The Justice Department’s criminal health care fraud ...Read more

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State Farm to raise Illinois homeowners insurance rates by 27.2% in August

Business / Business News /

As Texas grapples with the massive flooding that struck Hill Country and killed at least 119 people during the July Fourth weekend, many Illinois homeowners will soon see their home insurance rates skyrocket due to the increase in such extreme weather events.

State Farm is raising homeowners insurance rates in Illinois by a whopping 27.2% ...Read more

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Mattel's newest Barbie has diabetes

Business / Business News /

Dressed in a matching polka dot tank top and ruffled skirt with blue chunky heeled boots and a mini purse, Mattel's newest Barbie may look like previous dolls at first glance.

But this particular doll stands out with a wearable insulin pump on her waist, a glucose monitor on her arm and a phone showing her blood sugar readings, making her the ...Read more

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Colorado supermarket workers start voting on contract proposals

Business / Business News /

Workers at Safeway, Albertsons and King Soopers stores across metro Denver will vote today and Thursday on new contracts with the two supermarket chains, and employees outside the metro area will cast ballots Friday.

The votes today and Thursday follow the announcement over the weekend that members of United Food and Commercial Workers Local 7 ...Read more

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Linda Yaccarino to step down as CEO of Elon Musk's social media site X

Business / Business News /

Linda Yaccarino, the chief executive of social media site X, said Wednesday that she's stepping down from her role after two years at the company.

"When @elonmusk and I first spoke of his vision for X, I knew it would be the opportunity of a lifetime to carry out the extraordinary mission of this company," she said in a post on X.

The ...Read more

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Trump tariff foes urge appeals court to curb 'blank check'

Business / Business News /

A group of small businesses that won an order finding President Donald Trump’s sweeping global tariffs illegal urged a federal appeals court to uphold that decision and block the trade levies.

The U.S. Court of International Trade ruled on May 28 that Trump exceeded his authority by imposing broad tariffs, a power granted to Congress in the ...Read more

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Vehicle prices in China are spiraling down. What that means for tariffs

Business / Business News /

Prices of vehicles in China are in a downward spiral, say experts who expect the circumstances to usher in industry consolidation and create opportunity for legacy automakers while tariffs are in place.

The average car retail price in China has fallen nearly 20% in the past two years, with the cuts accelerated for electric vehicles and other ...Read more

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Want to buy an EV or get rooftop solar? What Trump's megabill means for you

Business / Business News /

The so-called One Big Beautiful Bill could lead to a big, mad dash for consumers looking to buy electric vehicles or install rooftop solar before federal tax incentives expire in the coming months.

Led by Republicans on Capitol Hill and signed into law by President Donald Trump on July 4, the 940-page legislation affects taxes and spending on ...Read more

FAA ramps up testing of Musk's Starlink at agency facilities

Business / Business News /

The U.S. Federal Aviation Administration has significantly increased the number of connections to Elon Musk’s Starlink that it’s testing in the hopes of bolstering an air traffic control system that has been beset by outages.

The FAA told Bloomberg that it’s now testing 41 Starlink connections — two in New Jersey, 28 in Alaska and 11 in...Read more

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Powell's successor may struggle to deliver the rate cuts Trump wants

Business / Business News /

Close Federal Reserve watchers have a message for anyone who thinks the next leader of the U.S. central bank will deliver lower borrowing costs on a silver platter: Don’t count on it.

While it’s an unlikely outcome, some investors have staked out positions in futures markets that will profit if interest rates drop immediately after Jerome ...Read more

Commentary: Private equity's black eye legacy should cause concern for family-held businesses

Business / Business News /

Across the Midwest, family businesses once woven into the fabric of local life are vanishing. Not because of globalization or waning demand, but because of something closer to home: private equity. What began as a tool for capital efficiency has, in too many cases, become a wrecking ball for generational legacies.

As someone who has spent ...Read more

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This entrepreneur spots deepfakes for celebrities. Can he help average Joes too?

Business / Business News /

Celebrities are all too familiar with the world of deepfakes, the colloquial term for artificial-intelligence-generated videos that depict actors and other Hollywood talent falsely doing or saying things that they never agreed to.

To protect themselves, actors including Steve Harvey, Beverly Hills talent agency WME and studios have enlisted the...Read more

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This Minnesota recycled aluminum plant will help stem tariff costs

Business / Business News /

ROSEMOUNT, Minnesota — With its new $71 million expansion, EGA Spectro Alloys in this southern suburb of the Twin Cities becomes one of only about 40 plants in the U.S. that can make recycled aluminum billets.

Think 25-foot-long poles of solid aluminum.

The 90,000-square-foot plant gives companies a needed domestic source for the much-in-...Read more

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Tech review: Bluetti Apex 300 is the center of a new power ecosystem

Business / Business News /

I love portable power stations, and I’m really loving the evolution they are going through as batteries and inverters get better and smaller.

Today’s power stations may look similar to those of two or three years ago, but modern lithium iron phosphate batteries (LiFePO4) are so much better than previous generations of lithium-ion batteries....Read more

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It's not easy finding green as matcha shortage hits Seattle shops

Business / Business News /

Matcha. It’s green. It’s grassy. And while beverages made with the powdered tea are all over social media, there’s one place they are missing: locally owned Seattle cafes.

Supply problems, compounded with increasing prices due to tariffs, have hit several local coffee shops hard, leading to a lowered inventory or, in some cases, no matcha...Read more

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TSA backs off shoe-removal policy

Business / Business News /

The Transportation Security Administration is lifting one of the most hated of airport security hurdles: removing shoes.

The change is now official at all U.S. airports, Department of Homeland Security Secretary Kristi Noem announced Tuesday afternoon.

The agency is also evaluating “every rule” in place at airport security checkpoints, she...Read more

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Waymo, the robotaxi company, will hit Philadelphia streets this summer

Business / Business News /

Waymo has arrived in Philly.

But you can’t catch a ride in one of their driverless cars just yet.

Philadelphia is one of more than 10 cities where human autonomous-technology experts will be taking Waymos on summer “road trips,” allowing the cars “to get to know the city,” spokesperson Sandy Karp said in a statement.

The testing ...Read more