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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

Geoff Robins/AFP/Getty Images North America/TNS

New poll reveals growing economic worry in Michigan amid Trump's trade war

Business / Business News /

More than half of Michiganians think the state is on the right track, even as fears mount over an economic downturn that threatens to especially bruise the region's critical auto industry, according to a statewide new poll commissioned by the Detroit Regional Chamber.

The poll of 600 registered Michigan voters conducted from Sept. 10-14 ...Read more

Charly Triballeau/Getty Images North America/TNS

Driverless Waymo taxis under investigation after failing to stop for a school bus

Business / Business News /

Around 2,000 Waymo vehicles are under investigation after reports of one of the self-driving taxis navigating around a school bus while children disembarked.

The National Highway Traffic Safety Administration opened a preliminary investigation Friday to examine the performance of Waymo's autonomous technology around stopped school buses and how...Read more

Ryan Deberardinis/Dreamstime/TNS

OpenAI takes on Google with AI-powered ChatGPT web browser

Business / Business News /

OpenAI unveiled its first artificial intelligence-powered web browser, putting the ChatGPT maker in competition on a new front with Alphabet Inc.’s Google.

The browser, called ChatGPT Atlas, is designed to be a more personalized web experience and also field tasks such as booking flights and editing documents on a user’s behalf. Each time a...Read more

Chris Graythen/Getty Images North America/TNS

Michael Hiltzik: The sudden financial collapse of this big auto parts firm points to the next market meltdown

Business / Business News /

You may not have heard of First Brands Group, but if you own any car other than one you've just driven off a new car lot, you've probably been its customer.

That's because Cleveland-based First Brands is the maker of a raft of aftermarket auto parts — Trico windshield wipers, Fram air filters, AutoLite sparkplugs and Raybestos brake linings ...Read more

William Morgan/Dreamstime.com/TNS

DACA changes could leave tens of thousands of Texans ineligible to work

Business / Business News /

An impending federal ruling is expected to strip Texas DACA recipients of their work authorizations, impacting tens of thousands of people in the state.

In 2021, U.S. District Court Judge Andrew Hanen of the Southern District of Texas ruled that DACA violated the Administrative Procedure Act, but his ruling did not end the program. It only ...Read more

Justin Sullivan/Getty Images North America/TNS

Walmart pauses job offers to candidates needing H-1B visas

Business / Business News /

Walmart Inc. has paused offers to candidates requiring H-1B visas, people familiar with the matter said, the latest example of how the Trump administration’s $100,000 visa fees are disrupting workforces.

The current guideline primarily impacts Walmart’s corporate employees, said the people, who asked not to be identified discussing private ...Read more

Christina House/Los Angeles Times/TNS

As wildfires scorch California, should insurers divest from fossil fuels?

Business / Business News /

As catastrophic wildfires spur insurance companies to raise homeowner premiums and drop thousands of policyholders across California, the industry has blamed climate change for fueling the blazes.

Yet even as insurers sound the alarm about a warming planet, they continue to invest billions of dollars in the oil and gas sector, which scientists ...Read more

Dania Maxwell/Los Angeles Times/TNS

Warner Bros. Discovery officially hangs a 'for sale' sign around company

Business / Business News /

Warner Bros. Discovery has officially acknowledged the company is up for sale, marking the third time in the last decade the storied assets have been on the auction block.

The company's board announced Tuesday that it has initiated "a review of strategic alternatives ... in light of unsolicited interest the Company has received from multiple ...Read more

Katy Kildee, The Detroit News/The Detroit News/TNS

GM outperforms Wall Street expectations in latest quarter despite tariffs, EV pullback

Business / Business News /

General Motors Co. brought in $3.4 billion in net profits before taxes and close to $49 billion in total revenue over the last several months, beating Wall Street expectations.

Per share, that's earnings of $2.80. Analysts expected revenue of about $44 billion and earnings of $2.26 per share between July and October, according to consensus ...Read more

Dimitrios Kambouris/TIME/Getty Images North America/TNS

Beth Kowitt: Marc Benioff has torched his do-good CEO image

Business / Business News /

Marc Benioff, the chief executive officer and co-founder of Salesforce Inc., has spent north of $1 billion and decades trying to convince the public that he is the good kind of tech titan and that his enterprise software firm is the good kind of tech company.

So Benioff’s media blowup last week wasn’t just a little PR oopsie. It was a full-...Read more

Elizabeth Flores/The Minnesota Star Tribune/TNS

Black workers bear the brunt of a stagnant US job market

Business / Business News /

As the U.S. labor market falters, Black people are shouldering the burden more than any other American demographic.

The Black unemployment rate is rising nationwide, and in Minnesota it has more than doubled from last year’s low.

Hundreds of thousands of Black women have lost or left jobs, making headlines as government layoffs and a retreat...Read more

Juliana Yamada/Los Angeles Times/TNS

YouTube steps up its shopping game with help from influencers

Business / Business News /

LOS ANGELES — Inside a historic aircraft hangar in Playa Vista, crowds of people gathered on Thursday to browse the latest fashions from handbags to clothing and shoes as they prepared for the holiday shopping season.

These weren’t shoppers or retailer buyers searching for the latest products. Instead, they were YouTube video creators who ...Read more

Dreamstime/Dreamstime/TNS

Amazon says all cloud services restored after 15-hour outage

Business / Business News /

Amazon Web Services, the world’s largest cloud provider, resolved the issues that plagued its services for about 15 hours on Monday, an episode that highlighted how much of the internet is dependent on the operations of a single company.

In an update on its service health dashboard, the Amazon.com Inc. unit said all of its services “...Read more

FRANCISCO RAMOS MEJIA/AFP/Getty Images North America/TNS

Trump's Argentina beef plan risks rancher ire, little relief

Business / Business News /

President Donald Trump vowed to boost beef imports from Argentina as the U.S. faces soaring meat prices. But any increases may offer little relief to consumers — and risk angering American ranchers.

Trump said on Sunday that buying more meat from Argentina would “bring our beef prices down” while also aiding the struggling South American ...Read more

Las Vegas Review-Journal/TNS

Feds look to sell thousands of acres of land north of Las Vegas

Business / Business News /

The federal government is looking to sell thousands of acres of public land north of Las Vegas.

The Bureau of Land Management announced Thursday that it approved selling dozens of parcels totaling roughly 5,500 acres in Lincoln County, which borders Clark County.

It said the sales date will be announced later, along with the parcels’ ...Read more

Dreamstime/Dreamstime/TNS

Ticketmaster to ban multiple accounts, controversial resale software following FTC lawsuit

Business / Business News /

Following last month’s lawsuit from the Federal Trade Commission, Ticketmaster is pledging to change its policies.

The FTC is suing Ticketmaster and its parent company, Live Nation Entertainment, for allegedly engaging in illegal ticket vendor practices. In a letter to lawmakers dated Oct. 17, Live Nation executive vice president Daniel Wall ...Read more