Business

/

ArcaMax

Kevin Clark/The Seattle Times/TNS

WA turns to goats for affordable, sustainable landscaping

Business / Business News /

Last summer, Juris Sarins hosted a bevy of first-time guests for two weeks on his property in Klickitat County's Snowden, feeding them fresh vegetarian meals. His visitors: More than 100 goats, chomping through several acres of thick vegetation.

They eat everything," he said.

Instead of a crew of landscapers, Sarins enlisted the help of a herd...Read more

Ellen M. Banner/The Seattle Times/TNS

Spiking diesel prices force WA businesses to make tough choices

Business / Business News /

For all the pain motorists are feeling at the gasoline pump these days, it’s a lot worse for diesel drivers.

Since late February, when the war in Iran upset global oil markets, diesel prices in Washington have jumped by around $1.40 a gallon, to an average of $6.20, according to AAA. By comparison, regular gasoline is up around 97 cents, to $...Read more

Nhat V. Meyer/Bay Area News Group/TNS

Bay Area baker-entrepreneur Andrea Lacy talks about evolution of a brownie business

Business / Business News /

SAN JOSE, California — Andrea Lacy believes some challenges are blessings in disguise. Take her brownie recipe, for example.

Years ago while attending San Jose State University, she was baking a thank-you gift for a friend and noticed that the dough was thicker than usual. She baked the batch anyway, and they were a big hit. But when she ...Read more

Josh Edelson/Getty Images North America/TNS

Musk misled Twitter investors before 2022 buyout, jury says

Business / Business News /

Elon Musk defrauded Twitter Inc. investors when he disparaged the company in 2022 in an effort to buy the social media platform for a lower price than his original $44 billion bid, a jury concluded.

Jurors in federal court in San Francisco found Friday that Musk intentionally misled Twitter shareholders when he tweeted that the social network ...Read more

Kristian Carreon/The San Diego Union-Tribune/TNS

California's petroleum watchdog says it's on the lookout for price gougers

Business / Business News /

California’s petroleum watchdog says it’s on the lookout for potential price gouging as gas prices keep climbing in the wake of the war in Iran.

The Division of Petroleum Market Oversight, an independent arm of the California Energy Commission, has issued an enforcement bulletin and says it is “closely monitoring” refining wholesale and...Read more

Josh Edelson/Getty Images North America/TNS

Musk misled Twitter investors before 2022 buyout, jury says

Business / Business News /

Elon Musk defrauded Twitter Inc. investors when he disparaged the company in 2022 in an effort to buy the social media platform for a lower price than his original $44 billion bid, a jury concluded.

Jurors in federal court in San Francisco found Friday that Musk intentionally misled Twitter shareholders when he tweeted that the social network ...Read more

Sasan/Middle East Images/AFP/Getty Images North America/TNS

US stocks drop to 6-month low on angst over prolonged war

Business / Business News /

Major U.S. equity benchmarks dropped to the lowest level since September amid rising anxiety over the prospect of a prolonged war in the Middle East.

The S&P 500 Index finished 1.5% lower in New York while the tech-heavy Nasdaq 100 declined 1.9%, dragged down by Nvidia Corp. and Micron Technology Inc. Both gauges were down more than 2% earlier...Read more

Brian Cassella/Chicago Tribune/TNS

Chicago Transit Authority sues feds over frozen Red Line Extension money

Business / Business News /

The Chicago Transit Authority filed a lawsuit against the Trump administration Friday, alleging the feds violated the U.S. Constitution when they froze about $2 billion in federal grant money for the agency’s long-awaited Red Line Extension project.

The CTA says that unless federal Judge Thomas M. Durkin steps in by March 27, it will have to ...Read more

Gary Coronado/Los Angeles Times/TNS

California attorney general asks judge to block Nexstar-Tegna merger

Business / Business News /

California Attorney General Rob Bonta is asking a judge to unravel Nexstar Media Group’s $6.2 billion acquisition of rival TV station owner Tegna — the latest in a flurry of merger twists.

Nexstar announced late Thursday that it had consummated the Tegna takeover— despite a lawsuit that Bonta and seven other Democratic state attorneys ...Read more

Christina House/Los Angeles Times/TNS

California's film and TV tax credit is working, but federal help is needed, lawmakers say

Business / Business News /

California's economy might see a boost from the state's expanded film and TV tax credits, but local lawmakers say it's not enough.

Despite Gov. Gavin Newsom authorizing an expanded $750-million film and TV tax credit program last summer, the impending merger between Paramount and Warner Bros. and the projected budget cuts that are expected to ...Read more

Justin Sullivan/Getty Images North America/TNS

Nvidia's $20 billion Groq deal queried by Warren, Blumenthal

Business / Business News /

Nvidia Corp.’s $20 billion licensing deal with artificial intelligence startup Groq is being probed by a pair of Democratic senators over whether it violates antitrust laws by improperly avoiding a merger review and illegally consolidating its power in the market for AI computing.

Sens. Elizabeth Warren from Massachusetts and Richard ...Read more

Ken Lambert/The Seattle Times/TNS

Costco hot dog joins the social media CEO taste-test trend

Business / Business News /

Costco's CEO and the warehouse club chain's beloved hot dog have entered the ring of fast food leaders sampling their brands' chow on camera as part of a viral social media trend.

The trend was kicked off — perhaps unknowingly — by McDonald’s CEO Chris Kempczinski, whose lackluster nibble of the new Big Arch burger was widely teased by ...Read more

Handout/Ford Motor Co./TNS

Ford leans on truck strength as it drops Escape for new EV

Business / Business News /

Crossovers are America's hottest vehicle segment. But the company recently named America's "most iconic" — Ford Motor Co. — is missing from the segment and is breaking from competitors in approaching the affordable electric vehicle space with a truck, not a crossover.

The Dearborn, Michigan, automaker, which topped Time Magazine's list of ...Read more

Kevin J. Hardy/The Detroit News/TNS

Rocket Companies offers buyouts as it integrates Redfin and Mr. Cooper

Business / Business News /

Rocket Companies has begun offering voluntary buyouts to select employees as it continues integrating recently acquired Mr. Cooper and Redfin.

In a statement, the company wrote that the move is a part of an effort to increase efficiency.

“Rocket, Mr. Cooper and Redfin share a vision of a stronger, more connected homeownership platform built ...Read more

Patrick T. Fallon/Getty Images of North America/TNS

Uber and Rivian plan to bring robotaxis to California

Business / Business News /

Uber is expanding its role in the robotaxi industry through a new partnership with Rivian, the Irvine-based electric-vehicle maker.

Uber and Rivian announced a partnership Thursday that could bring up to 50,000 self-driving R2 vehicles to cities across the U.S., Canada and Europe by 2031.

The Rivian robotaxis would be available exclusively ...Read more

Jeff Gritchen/The Orange County Register/TNS

Jeep and Dodge EV drivers can now use Tesla chargers with an adapter

Business / Business News /

Owners of electric vehicles from Dodge, Jeep, Ram, Fiat and Maserati can now plug into Tesla Inc.'s expansive North American network of chargers using an adapter, Stellantis NV said Thursday.

Stellantis EV drivers can use more than 27,500 Tesla V3 and V4 Supercharger stalls spread across North America after the company initially announced that ...Read more

Fabrice Coffrini/AFP/Getty Images North America/TNS

Pentagon's Anthropic bashing rekindles Silicon Valley's resistance to war

Business / Business News /

Artificial intelligence powerhouse Anthropic's battle with the Pentagon has sparked some soul-searching in Silicon Valley that could reshape the tech sector's complicated relationship with war and the White House.

Anthropic is the San Francisco-based startup behind the chatbot Claude and some of the most powerful AI on the market. In its ...Read more

Stephen Brashear/Getty Images North America/TNS

NTSB investigating close call between Alaska Airlines, FedEx planes

Business / Business News /

An Alaska Airlines Boeing 737 plane nearly collided with a FedEx Boeing 777 at Newark Liberty Airport in New Jersey on Tuesday, according to the National Transportation Safety Board.

The Alaska plane “overflew” the FedEx aircraft while both jets were attempting to land on crossing runways, the NTSB said in a statement Thursday announcing it...Read more

Henry Payne/The Detroit News/TNS

Auto review: Strapped into the insane, 700-horsepower Ford F-150 Super Lobo

Business / Business News /

RICHMOND, Michigan — The compact Ford Maverick Lobo street truck is a treat. Lowered chassis, Turbofan wheels, four-wheel-drift mode. All that’s missing is a supercharged Coyote V-8 engine.

EEEEEEAHWWWRRGH! Say hello to big brother, Ford F-150 Lobo with Supercharger Kit.

The Dream Cruise is gonna freak over this beast. I exited Rapid Road ...Read more