Business
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Real estate Q&A: Do we need to undo converted garage built by previous owner?
Q: We bought a house a few years ago that has a converted garage, which the seller told us was done by the book. When we recently put in a shed, the town sent someone out to inspect it. The inspector noticed our converted garage and wrote us a citation. Now they are saying we need to remove the improvements and turn it back into a garage. Do we ...Read more

'The whole town is slower': Las Vegas economy hits the brakes
LAS VEGAS — When Mike Tafoya opened a dessert shop along the Las Vegas Strip, he was banking on strong foot traffic to drive sales.
He’s near the Las Vegas Convention Center and gets a boost when conferences are in town. But he normally isn’t too busy on weekdays, and neighboring shops also are grappling with a slowdown.
Overall, ...Read more

Graffiti-tarnished towers in downtown LA remain in limbo
LOS ANGELES — Early last year, vandals breached fencing, climbed dozens of flights of stairs and painted bold, colorful graffiti on the exterior of three unfinished high-rises that make up the abandoned Oceanwide Plaza development.
The so-called Graffiti Towers — visible from great distances on the 110 Freeway and looming over thousands of ...Read more

Michael Hiltzik: Here's why you don't want the Trump administration to buy stock in Intel
Back in 1935, the drafters of Social Security told Congress of their plans to build up a government pension reserve that would reach $47 billion.
The number shocked lawmakers. It was nearly three times the outstanding federal debt of the time.
"What in heaven's name are you going to do with $47 billion?" Sen. Arthur Vandenberg, Republican of ...Read more

Commentary: Celebrating National Black Business Month
Every August, National Black Business Month rolls around, and for a few weeks, social media lights up with hashtags and well-meaning posts about supporting Black-owned businesses. You'll see lists pop up—restaurants, bookstores, clothing lines—all run by Black entrepreneurs. Maybe your favorite coffee shop puts up a sign, or a big brand ...Read more

Target's sales continue to slide, and so does its stock
Target reported another drop in quarterly sales and a steep decline in profits Wednesday, signaling continued challenges for the Minneapolis-based retailer.
As the financial results were released in the morning, the company’s shares took a quick 10% dive before the markets opened. Shares recovered modestly during the day and closed Wednesday ...Read more
Alaska Airlines unveils new loyalty plan, premium credit card
Alaska Airlines introduced a new loyalty program and premium credit card Wednesday, marking another step in the airline’s effort to transform into a global carrier and compete with larger international airlines.
The new loyalty plan will combine Alaska and Hawaiian Airlines' existing frequent flyer programs under one umbrella, after the two ...Read more

Protesters occupy Microsoft HQ over Israel ties again; 18 arrested
Dozens of activists took over part of a plaza on Microsoft's campus for the second straight day on Wednesday, pressuring the company to cut ties with the Israeli government.
We will not stop, we will not rest, until you divest," chanted protesters, who set up an encampment protest in a newly renovated part of Microsoft's Redmond campus on ...Read more

UChicago Medicine hopes to expand its cancer care nationwide, announces first affiliation with Kansas hospital
UChicago Medicine hopes to expand its cancer care across the country — becoming the latest hospital system to try to grow by working with health systems outside its home turf.
UChicago Medicine announced its first affiliation Tuesday with AdventHealth Cancer Institute Shawnee Mission in the Kansas City area. As part of the affiliation, ...Read more

Tech review: New accessories for your desktop or travel bag from Seenda
One of the best parts of my gig as a tech reviewer is the chance to try out gadgets that might not be on my radar otherwise.
As an IT guy, I spend a lot of my workday on my computer, and I’ve worked my way through a lot of computer accessories such as keyboards and mice to settle on which ones I want to use daily.
Recently, I’ve been ...Read more

Evan Ramstad: The vibe isn't great at Target today, but things were much worse in 2014
The vibe is tough at Target these days.
Once widely beloved by social activists and fast-casual fashionistas, Minneapolis-based Target now is accused by Black media leaders and activists of turning its back on diversity. Investors think the retailer missed out on data centers. And President Donald Trump’s tariffs may wipe out the company’s ...Read more

Guess? Inc. to go private in $1.4B acquisition
Guess? Inc., the Los Angeles-based fashion brand that specializes in denim, is going private in a $1.4-billion deal with Authentic Brands Group.
Under the terms of the deal, the company’s co-founders Maurice and Paul Marciano, as well as chief executive Carlos Alberini, will own 49% of its intellectual property. Authentic Brands Group will ...Read more

Trump targets corporate America to achieve economic and foreign policy goals
He didn’t campaign on it. It wasn’t even broached during his first administration. He criticized his predecessor for it.
But this month President Donald Trump made clear that he’s willing to use the full force of the US government to directly intervene in corporate matters to achieve his economic and foreign policy goals.
Trump, backed...Read more

Target CEO Brian Cornell lauded for transformational changes, yet chided for more recent missteps
Brian Cornell in his 11-year tenure as CEO has guided Target through massive change. In current years, though, he has been chided for missteps that have left the Minneapolis-based retailer several challenges.
He will end his tenure in February, becoming executive chair and turning over the chief executive title to his second-in-command, Michael...Read more

Who is Target's next CEO, Michael Fiddelke?
Target Corp. on Wednesday named Michael Fiddelke as its new chief executive, promoting the company veteran who has served as chief operating officer since February.
Fiddelke, 49, will succeed Brian Cornell, who led the Minneapolis-based retailer for 11 years through a period of significant growth and recent challenges.
The promotion will take ...Read more

Michael Hiltzik: Say farewell to the AI bubble, and get ready for the crash
Most people not deeply involved in the artificial intelligence frenzy may not have noticed, but perceptions of AI's relentless march toward becoming more intelligent than humans, even becoming a threat to humanity, came to a screeching halt Aug. 7.
That was the day when the most widely followed AI company, OpenAI, released GPT-5, an advanced ...Read more

Cisco Systems, Oracle trim 300-plus Bay Area jobs in new layoffs
Cisco Systems and Oracle America have decided to embark on fresh rounds of layoffs that will eliminate a combined 300-plus jobs in the Bay Area, the tech titans disclosed in WARN notices they sent to the state’s labor agency.
Here are the details of the staffing reductions reported to the California Employment Development Department by Cisco ...Read more

Recent lawsuits put Tesla's self-driving technology on trial
This spring, Elon Musk announced he was leaving his role at the White House to refocus on Tesla amid falling vehicle sales and a brand reputation crisis.
But as Musk works to turn Tesla around with a successful robotaxi venture, recent lawsuits have complicated his efforts and raised questions about the company's self-driving technology.
Last ...Read more

Best Buy's website will start selling sports apparel, Martha Stewart wares alongside electronics
People will soon be able to buy Fanatics sportswear and Martha Stewart cookware, along with all kinds of electronics, on the Best Buy website.
The retailer announced Tuesday morning it has re-entered the third-party marketplace business.
It’s a low-risk, high-reward way for Best Buy to better compete with Amazon and other online outlets. And...Read more

San Francisco Fed offers up new way to monitor for US recessions
Federal Reserve Bank of San Francisco researchers offered a new warning gauge for recessions, adding to a suite of tools economists monitor to assess whether the U.S. is headed for a downturn.
The Labor Market Stress Indicator highlights geographical variations in the labor market by counting the number of states that see their unemployment ...Read more
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