Business
/ArcaMax
  Henry Payne: Trump aims to open Japan to US autos with tariffs. It's a tough sell
TOKYO — President Donald Trump arrived here this week for a wide-ranging state visit with new Prime Minister Sanae Takaichi — the same week the Japan Mobility Show opened to media. With its tariff policy, the Trump administration has been determined to open foreign markets like Japan to U.S. automakers.
It's not easy.
In exchange for a 15%...Read more
  Michael Hiltzik: Meme stocks are still with us, offering new temptations for novice and unwary investors
If you blinked you may have missed this, but the stock of Beyond Meat, the purveyor of meatless burger patties, had a spectacular run a few days ago.
The stock had surged by more than 1,400% in the four days through Oct. 22, when shares hit an intraday peak of $7.69, up from a low of 50 cents on Oct. 16.
Given that this El Segundo-based ...Read more
  Target employees say messy layoffs are latest signal of culture shift
Target’s corporate culture, once known for flexibility and collaboration, is starting to show cracks, with employees describing a workplace increasingly defined by uncertainty, poor communication and “business decisions.”
Those frustrations reached a breaking point this week after the Minneapolis-based retailer laid off about 1,000 ...Read more
  Auto review: The CX-ceptional Mazda CX-30 proves you can have fun AND utility
OAKLAND COUNTY, Michigan — My former Detroit News colleague Scott Burgess made it a practice of getting into a Porsche 911 each year as a reminder of the industry’s sports car performance standard.
The same might be said of the Mazda CX-30 Turbo SUV.
The Japanese automaker’s entry-level hellion is the SUV segment’s handling benchmark. ...Read more
  Auto review: 2025 GMC Canyon is the king of mid-size trucks
While pickup trucks are still widely used for contractors and service employees, in the last decade the truck market has evolved in a lifestyle and recreation direction.
In Grasso’s Garage, we consider the 2025 GMC Canyon AT4 AEV 4WD. Consumers looking for off-road excellence, comfort and style while not breaking the bank will appreciate its ...Read more
  Auto review: 2026 Maserati MCPura is unapologetically wrong and yet so right
You don’t buy a Maserati because it makes sense. You buy one because it doesn’t. Because the world has become too safe, too soft, and Bluetooth-paired, and somewhere deep inside your soul, you still crave something with noise, nerve and the kind of raw mechanical passion not ruled by algorithms.
For most of the last 50 years, Maserati has ...Read more
  Buffett's BNSF slams rail megadeal as political scrutiny grows
BNSF Railway Co. slammed the proposed mega-merger between two key rivals as benefitting shareholders at the expense of customers, marking some of the most direct criticism of a deal drawing scrutiny from lawmakers and across the industry.
The $72 billion combination of Union Pacific Corp. and Norfolk Southern Corp. doesn’t propose adding new ...Read more
  SpaceX defends progress developing Starship craft capable of moon landing
SpaceX defended its progress developing a lander that will put Americans back on the moon, following remarks by NASA's administrator that the agency will reopen the program to other bidders.
In a lengthy blog post Thursday, Elon Musk's space company said it "rapidly advanced" the core Starship spacecraft through 11 test flights and reached 49...Read more
  Trump says Nvidia chip talks with Xi didn't cover Blackwell
U.S. President Donald Trump said he didn’t discuss approving sales of Nvidia Corp.’s Blackwell chips to China with his counterpart Xi Jinping, dampening speculation that Washington will allow exports of the powerful AI accelerators to the world’s largest semiconductor market.
Trump said he and Xi talked about Nvidia’s access to China in...Read more
Massive OpenAI data center planned for farmland near Ann Arbor
Billionaire megadonor Stephen Ross' Related Digital is partnering with tech companies Oracle and ChatGPT maker OpenAI to build a massive data center outside of Ann Arbor.
The plan, announced Thursday, envisions building a 250-acre campus in Saline Township beginning in 2026, pending approval from the Michigan Public Service Commission.
Related...Read more
  In Washington, cleaning up mold in rental housing is complicated
It’s cozy season — a time when people keep out the chill by shutting windows, curling up on the couch with a steaming mug of tea and switching on a space heater. But that can invite an unwanted house guest — mold.
Mold is a common problem in Washington, where rainy weather creates the ideal conditions for spores to grow and thrive. If it ...Read more
  MGM CEO: 'Shame on us' about high prices in Las Vegas
After years of rising prices and mounting customer frustration, one of the largest Las Vegas casino operators is acknowledging that it may have pushed too far.
During an earnings call Wednesday, MGM Resorts International President and CEO Bill Hornbuckle delivered the strongest, to date, admission by a Las Vegas casino executive that the ...Read more
  Delta backs Republicans' push for clean funding bill to reopen government
Delta Air Lines is backing Republicans’ push for passage of a “clean” continuing resolution to bring an end to the 30-day federal government shutdown.
The Atlanta-based airline becomes one of the more prominent companies to push for the reopening of the government, putting pressure on Democrats who have held out for a deal on health care ...Read more
  Rocket reports net loss in third quarter
Rocket Companies fell to a third-quarter net loss of $124 million on net revenue of $1.61 billion, the Detroit-based parent company of mortgage lending giant Rocket Mortgage reported Thursday.
That compares with a net loss of $481 million on $647 million in net revenue during the same quarter in 2024. In the previous quarter, the company ...Read more
  Michelob Ultra solidifies itself as top beer as A-B reports declining volumes
Anheuser-Busch InBev reported that its Michelob Ultra is now the top brand by volume in the industry, after months of steady growth this year.
This comes more than two years after sales of former top beer, Bud Light, fell amid backlash over the company’s campaign with transgender influencer Dylan Mulvaney.
In 2023, Modelo Especial dethroned ...Read more
  Amazon beats estimates on revenue, cloud and AI growth; stock surges
With strong showings in both its retail and cloud computing divisions, Amazon’s financial results for the third quarter soared past Wall Street expectations Thursday, two days after it announced historic layoffs.
The Seattle-based tech giant reported $180.2 billion in revenue between July and September against analysts’ estimates of $177.8 ...Read more
  Warner Bros. Discovery is up for sale. Why CEO David Zaslav isn't ready to give up the reins
Paramount Chairman David Ellison's latest offer to buy Warner Bros. Discovery contained a twist:
Should Paramount, backed by tech billionaire Larry Ellison, pull off the purchase, Warner Bros. Discovery Chief Executive David Zaslav could stay on to help lead the combined enterprise.
"They're sweetening the pot," Paul Hardart, a professor at ...Read more
  Disneyland Resort lays off 100 people in Anaheim
Disneyland Resort has laid off about 100 people in Anaheim, as Walt Disney Co. becomes the latest media and entertainment company to cut jobs.
The layoffs occurred Tuesday and came from multiple teams, Disney confirmed.
"With our business in a period of steady, sustained operation, we are recalibrating our organization to ensure we continue to...Read more
Paramount signs 10-year lease for a New Jersey production facility
Paramount has signed a 10-year lease on a film and television production facility currently under construction in New Jersey, a move that will give the entertainment company access to that state's tax incentive program.
The future 58-acre facility, known as 1888 Studios, will be located in Bayonne, N.J., and is being developed by Togus Urban ...Read more
  Comcast reveals interest in Warner Bros. studios and streamer
NBCUniversal owner Comcast is indeed interested in some of Warner Bros. Discovery's assets.
On a Thursday call with analysts to discuss third-quarter earnings, Comcast President Mike Cavanagh suggested the Philadelphia giant might bid for certain Warner assets, primarily the Warner Bros. film and television studios and its streaming service HBO...Read more
Popular Stories
- Bob Weber, the longtime 'Motormouth' columnist, is dead at 77
 - Meta opens flagship store in West Hollywood to showcase AI glasses, VR headsets
 - Social media platform Truth Social rolling out new prediction market
 - Despite EV declines, Ford sales up in October
 - Buffett's BNSF slams rail megadeal as political scrutiny grows
 










