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Carolyn Cole/Los Angeles Times/TNS

US to take stake in Lithium Americas to boost Nevada project

Business / Business News /

The U.S. government agreed to acquire a stake in Lithium Americas Corp., Secretary of Energy Chris Wright said, giving a boost to the Canadian company as it develops its Thacker Pass lithium project in Nevada.

The U.S. will take a 5% stake in the Vancouver-based company, as well as a 5% stake in the company’s mining project of the largest ...Read more

David Becker/Getty Images North America/TNS

Amazon is overhauling its devices to take on Apple in the AI era

Business / Business News /

When Amazon.com Inc. recruited longtime Microsoft Corp. product chief Panos Panay in 2023 to run its devices division, his new colleagues thought the e-commerce giant was preparing to take its consumer gadget line upscale.

Panay pushed back on the idea during an all-hands meeting with thousands of engineers from the Alexa, Echo and Fire TV ...Read more

Sarah Reingewirtz/Los Angeles Daily News/TNS

Newsom signs bill expanding California labor board oversight of employer disputes, union elections

Business / Business News /

Responding to the Trump administration‘s hampering of federal regulators, Gov. Gavin Newsom on Tuesday signed a bill greatly expanding California’s power over workplace disputes and union elections.

The legislation, Assembly Bill 288, gives the state authority to step in and oversee union elections, charges of workplace retaliation and ...Read more

Dreamstime/Dreamstime/TNS

AI startup Character.AI removes Disney characters from its chatbot platform after legal letter

Business / Business News /

In the latest salvo between Hollywood and artificial intelligence companies, tech start-up Character.AI has removed many Disney characters from its chatbot platform after the Burbank entertainment giant sent the firm a cease-and-desist letter, alleging copyright infringement.

Chatbots on the Character.AI platform impersonated well-known Disney ...Read more

Kevin Winter/Getty Images North America/TNS

Nintendo of America to say goodbye to Doug Bowser

Business / Business News /

Nintendo of America will advance to the next level with a leadership change after its president and chief operating officer, Doug Bowser, retires at the end of the year.

Nintendo of America, the Redmond, Washington-based subsidiary of Japanese video game company Nintendo, will promote two insiders to take the helm. Satoru Shibata will be CEO, ...Read more

Dreamstime/Dreamstime/TNS

FTC sues Zillow and Redfin over rental listing deal

Business / Business News /

The Federal Trade Commission is suing Zillow and Redfin for allegedly conspiring to eliminate competition for rental housing listings.

In a lawsuit filed Tuesday in the United States District Court for the Eastern District of Virginia, the FTC claims the real estate giants violated federal antitrust laws by entering into an illegal agreement to...Read more

Robert Gauthier/Los Angeles Times/TNS

The home construction industry is bleeding workers. Could paying them more help rebuild LA?

Business / Business News /

The city of Los Angeles is exploring what would happen if the minimum wage of workers on residential construction projects was raised to more than $32 an hour.

At Tuesday morning's city council meeting, councilmembers Curren Price and Hugo Soto-Martinez introduced a motion to have the city commission a study on the effects of establishing a $32...Read more

Thinh D. Nguyen/Lockheed Martin/TNS/TNS

Lockheed Martin's future in Georgia is likely to grow beyond the C-130

Business / Business News /

Lockheed Martin Marietta has been a fixture in Cobb County, Georgia, for more than seven decades. And that hasn’t been by accident.

As American military needs have changed, so have the defense and aerospace contractor’s manufacturing lines and workforce training to make sure that the site and its 5,600-member team remain prepared for what�...Read more

Jp Lawrence/The Minnesota Star Tribune/TNS

Struggling soybean farmers look to Washington for help on tariffs, but resources less available this time

Business / Business News /

The White House came to farmers’ rescue during President Donald Trump’s first trade war.

This second time around: A bailout isn’t so simple.

That’s because this summer, Trump’s big tax and spending bill drained the Commodity Credit Corporation (CCC), a $30 billion financing arm of the U.S. Department of Agriculture (USDA), to instead...Read more

Adam Beam/The Atlanta Journal-Constitution/TNS

Trade rebounds sharply at Georgia's ports after tariff-related disruption

Business / Business News /

SAVANNAH, Georgia ― The tariff drag on Georgia’s ports was fleeting.

Container traffic through the Port of Savannah returned at near-record volumes in August, topping 500,000 units for the fourth time in the last six months. August was the third-best month in the port’s history as trade bounced back from a “freight air pocket” tied to...Read more

Rob Nikolewski/The San Diego Union-Tribune/TNS

Buh-bye: Stickers that allow EV drivers to travel solo in car pool lanes expire Wednesday

Business / Business News /

One of the perks of driving an electric vehicle in California is about to go away.

The state’s Clean Air Vehicle Decal program that allows drivers of zero-emissions vehicles to drive alone in the high occupancy vehicle (HOV) lane expires, effective at 12:01 a.m. Wednesday.

With rush-hour traffic jams and clogged freeways a fact of life in ...Read more

Carlos Gonzalez/The Minnesota Star Tribune/TNS

Evan Ramstad: It's becoming clearer UnitedHealth Group isn't just going through a rough patch

Business / Business News /

UnitedHealth Group’s incredible fall this year looks less and less like a temporary problem.

In the nearly six months since the stock of the Minnesota-based health care company crashed, it has become clearer to big investors that a fundamental change happened to it.

With the third quarter ending Tuesday, we’ll soon see new results from ...Read more

Clarence Tabb Jr./The Detroit News/TNS

Ford CEO predicts EV market share to fall by half after tax credit elimination

Business / Business News /

DETROIT — Ford Motor Co. CEO Jim Farley on Tuesday said he wouldn't be surprised if electric vehicle sales in the United States fall by half after the expiration of the federal tax credit for plug-in vehicles.

Tuesday is the last day consumers could take advantage of the up-to-$7,500 tax credit, though Ford and General Motors Co. have found a...Read more

Nicholas Kamm/Getty Images of North America/TNS

Marked by success, controversy, EV tax credit ends after a 17-year run

Business / Business News /

WASHINGTON — The EV tax credit dies today. But its story doesn't necessarily end here.

The $7,500 federal incentive, which had two main iterations over an almost 17-year run, was designed to encourage the production and purchase of electric vehicles in the United States. It expires after the calendar flips past Tuesday thanks to legislation ...Read more

Phillip Faraone/Getty Images North America/TNS

Spotify's co-founder Daniel Ek to step down as CEO after nearly two decades

Business / Business News /

Spotify's longtime Chief Executive Daniel Ek said Tuesday that he is stepping down from his position next year and will become executive chairman.

Ek co-founded the Swedish audio company in 2006 and has served as CEO since the beginning.

His vision was to find a way to fight against music piracy by offering a platform where consumers could pay...Read more

Meg McLaughlin/The San Diego Union-Tribune/TNS

Pop-culture fans start planning, Comic-Con 2026 badges go on sale Oct. 4

Business / Business News /

It’s been a little over two months since Comic-Con took over San Diego, but fans are already planning for the 2026 edition.

Badge sales for returning attendees go on sale Saturday, Oct. 4 for Comic-Con 2026, which will take place at the San Diego Convention Center and neighboring hotels July 23 to July 26, with a preview night on July 22.

...Read more

Ellen M. Banner/The Seattle Times/TNS

Boeing begins design work on new jet, report says

Business / Business News /

Boeing designers have begun work on a new commercial jet to replace its venerable Renton, Washington-built 737 model, The Wall Street Journal reported late Monday.

Citing anonymous sources, The Journal reported Boeing CEO Kelly Ortberg met earlier this year with officials from engine-maker Rolls-Royce to discuss a new engine for a potential new...Read more

Elizabeth Flores/The Minnesota Star Tribune/TNS

A day in the life of a hacker hunter

Business / Business News /

UnitedHealth Group, Minneapolis Public Schools and the city of St. Paul have all fallen victim to hackers who make a living through theft and extortion.

People like Alex Johnson, a security system manager at Minneapolis-based Ascent Solutions, earn theirs by acting as the first line of defense between those online criminals and Minnesota ...Read more

Paul Roberts/The Seattle Times/TNS

Everything must go: Seattle's 135-year-old Bartell Drugs fades away

Business / Business News /

Last weekend, after years of financial turmoil and weeks of Total Inventory Blowouts, the last locations of Seattle's 135-year-old Bartell Drugs rang up their final sales.

Three stores — in Kirkland, Mill Creek and Gig Harbor, Washington — were all that remained after Rite Aid, which bought the 67-store chain in 2020, went bankrupt and ...Read more

Stacey Wescott/Chicago Tribune/TNS

New H-1B visa fee could upend foreign worker program for businesses, universities

Business / Business News /

In a sprawling lab in Evanston, Illinois, Michaël Elbaz watched a tiny mouse scamper across its cage. The Northwestern University postdoctoral researcher has spent hundreds of hours monitoring the animals — tracing the intricate interplay of neuronal activity and decision-making processes.

“You could spend your whole life trying to ...Read more