Business

/

ArcaMax

Minnesota clashes with North Dakota over power lines

Business / Business News /

North Dakota, Montana and three Southern states want to block a $22 billion plan for power lines across the Midwest that Minnesota says it needs to transition to carbon-free energy.

The states argue that the federal government should stop the grid upgrade because otherwise their customers will be paying higher rates to subsidize clean energy ...Read more

L.E. Baskow/Las Vegas Review-Journal/TNS

How the federal government came to control the majority of land in Nevada

Business / Business News /

The federal government controlling the vast majority of land in Nevada dates all the way back to the 1800s when the territory was first admitted to the United States, according to a former longtime employee.

When Nevada became a state in October 1864, state representatives and stakeholders were only eyeing the northern part of Nevada due to its...Read more

Meri Simon/Bay Area News Group/TNS

H-1B visa: Many foreign workers, and students, exempted from $100,000 fee

Business / Business News /

Foreign citizens already in the U.S., including students, will be exempted from the Trump administration’s controversial new $100,000 fee for the H-1B visa, federal authorities said this week.

The fee was imposed via a proclamation from President Donald Trump and took effect Sept. 21, with certain details initially unclear.

This week, U.S. ...Read more

Seth Herald/AFP/Getty Images North America/TNS

Amazon planning to replace 600K workers with robots: report

Business / Business News /

Amazon reportedly has a plan to replace more than half a million U.S. workers with “cobots,” and avoid hiring at least 160,000 human workers by 2027.

Despite hoping to double the number of products Amazon sells by 2033, executives are said to believe robotic automation could save them the trouble of hiring 600,000 people in the long run, ...Read more

Joe Sohm/Dreamstime/TNS

Trump demands cattle ranchers lower prices, deepening feud

Business / Business News /

President Donald Trump attacked U.S. cattle ranchers over their criticism of his plan to slash record beef prices by importing significantly more tariff-free meat from Argentina, deepening a quarrel with a group of reliable supporters and raising concerns among ranch-state Republican lawmakers.

Trump on Wednesday said that cattlemen should be ...Read more

Summer Ballentine/The Detroit News/TNS

GM's high-tech pitch: Eyes-off self-driving cars, new battery chemistry

Business / Business News /

NEW YORK — General Motors Co. unveiled plans Wednesday to offer eyes-off autonomous driving in the battery-powered Cadillac Escalade IQ SUV beginning in 2028 as the Detroit automaker seeks to recast itself for the 21st century.

The announcement at a swanky, invite-only event in midtown Manhattan is part of a broader pitch that GM is a tech ...Read more

Spencer Platt/Getty Images North America/TNS

Carney plots 'talent attraction' plan as US upends H-1B

Business / Business News /

Canadian Prime Minister Mark Carney says his government’s upcoming budget will introduce an immigration plan that includes a talent attraction strategy.

Carney made the announcement in a speech Wednesday night, confirming an earlier report by Bloomberg News. The live prime-time address was unusual for a Canadian prime minister and aimed to ...Read more

Dreamstime/Dreamstime/TNS

Coca-Cola launches Trump-approved cane sugar soda in the US

Business / Business News /

Coca-Cola is rolling out a new version of its classic soda made with U.S. cane sugar. But where it’s being sold is still unclear.

The Atlanta beverage giant has introduced a new 12-ounce, single-serve glass bottle in select U.S. markets, “offering consumers a classic and timeless way to enjoy their Coca-Cola Original Taste made with U.S. ...Read more

Sean M. Haffey/Getty Images North America/TNS

Meta is cutting 600 jobs in its AI division

Business / Business News /

Meta is slashing roughly 600 jobs in its artificial intelligence unit as the tech giant aims to move faster to compete with its rivals.

The company declined to comment on the job cuts, but confirmed an earlier report by Axios, which cited a Wednesday memo that Meta Chief AI Officer Alexandr Wang sent to employees.

"By reducing the size of our ...Read more

Allen J. Schaben/Los Angeles Times/TNS

California business leaders want voters to expedite state's environmental review process for housing, infrastructure

Business / Business News /

LOS ANGELES — California voters could soon be asked to usher in a major overhaul of the state's landmark environmental law, a proposal aimed at expediting crucial infrastructure projects, including housing construction, by creating new deadlines for environmental oversight.

The California Chamber of Commerce on Tuesday introduced a ballot ...Read more

Cindy Ord/Getty Images North America/TNS

Suzanne Somers' widower to release AI clone of late actress

Business / Business News /

Two years after Suzanne Somers died following a decades-long battle with breast cancer, her widower is preparing to publicly release of a clone of the beloved “Three’s Company” star.

Alan Hamel, who married the actress in 1977, revealed that he’s forging ahead with plans to create an artificial intelligence version of his late wife.

�...Read more

Scott Olson/Getty Images North America/TNS

Family health insurance premiums hit another record: $26,993

Business / Business News /

The price tag of health insurance from employers keeps getting bigger across the U.S., and the increases this year are fueling concerns over medical spending across all health insurance markets.

The average annual premium for family health insurance rose about 6% this year to nearly $27,000, according to widely watched survey results released ...Read more

Edmund Lowe/Dreamstime.com/TNS

Pacific Northwest could face energy shortage during extreme conditions, report says

Business / Business News /

Does the Pacific Northwest have the energy it needs to prevent rolling blackouts? A new report commissioned by the region’s largest utilities has raised concerns.

Starting next year, the Northwest could face a power shortage that would challenge the reliability of the grid during extreme conditions, according to the report.

The report ...Read more

Christian Petersen/Getty Images North America/TNS

Travis Kelce joins activist investor group pushing for changes at Six Flags

Business / Business News /

Kansas City Chiefs star Travis Kelce is running a new play, joining an activist investor to push for changes at the financially struggling Charlotte, North Carolina-based amusement park company Six Flags Entertainment Corp.

New York City-based JANA Partners and the Super Bowl champion, along with consumer executive Glenn Murphy and technology ...Read more

Myung J. Chun/Los Angeles Times/TNS

California insurers set to charge homeowners for LA County fire costs

Business / Business News /

Residential policyholders across California could be paying several hundred million dollars to help cover the costs of claims arising out of the January firestorms in Los Angeles County.

Multiple insurers, including State Farm General, the largest in California, have received approval from the Department of Insurance to charge their customers ...Read more

Handout/Life360/TNS

Wearable tech for your dog? Life360 releases a new pet tracker

Business / Business News /

Millions of people already use the Life360 app to track the location of their family members and loved ones.

Now the California tech company behind the popular family safety app is hoping people will use a new gadget and their location-tracking services to keep tabs on their pets.

On Wednesday, Life360 unveiled a new tracking device people can...Read more

Stephen Brashear/Getty Images North America/TNS

Microsoft CEO Satya Nadella's pay soars to almost $100 million for 2025

Business / Business News /

It's been a good year to be a Microsoft shareholder, and an even better year to be the company's CEO.

Microsoft's stock price has risen by more than 23% this year, a surge that's mostly responsible for Microsoft CEO Satya Nadella's total compensation increase from $79.1 million in 2024 to $96.5 million this year, a record amount for him.

...Read more

Stacey Wescott/Chicago Tribune/TNS

Capital One layoffs hitting former Discover headquarters in Illinois

Business / Business News /

When Capital One closed on its $35 billion acquisition of Discover Financial Services in May, it brought together two credit card giants — and thousands of employees — under one roof.

There may be a little more room at the former Discover headquarters in Chicago's northern suburbs these days, after the newly merged company laid off nearly ...Read more

Dominic Di Palermo/Chicago Tribune/TNS

Banana-selling robots pitch customers in test run in Chicago suburbs

Business / Business News /

From bananas to burgers, store aisles to sidewalks, an army of robots has descended upon Chicagoland with the singular mission to bring us food.

Robotic serving carts, once the stuff of foodie science fiction, are rolling among us in increasing numbers to deliver meals on wheels to customers — whether they are ready or not.

Take Servi, an ...Read more

Raul Roa/Los Angeles Times/TNS

These Toys R Us stores are making a comeback in California

Business / Business News /

Ahead of the holiday shopping rush, the once-dominant toy retailer Toys R Us is opening several new flagship and seasonal stores, including at least two in California.

Toys R Us plans to open eight flagship stores and 20 seasonal locations across the U.S. in the coming weeks. The company has been struggling to rebound since it filed for Chapter...Read more