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Tesla sales continue to slide amid competition and backlash against Elon Musk

Business / Business News /

As Elon Musk scrambles to restore Tesla's reputation and deliver on promises of autonomous driving technology, vehicle sales for the company continued to fall last quarter.

Tesla delivered 384,122 vehicles in the quarter through June, down 13% from 443,956 deliveries a year ago.

The drop in deliveries is a result of increased competition, ...Read more

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Hertz customer hit with $440 charge after AI inspection at Atlanta airport

Business / Business News /

Within a few months of Hertz announcing the launch of artificial intelligence for vehicle inspections, starting at the Atlanta airport, the car rental company is facing some backlash after a customer reported getting hit with a $440 charge for a scuff on a wheel.

The Drive, a car news and reviews website, reported in June that a Hertz customer ...Read more

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Paramount's fate moves to FCC, where media bias and DEI loom large

Business / Business News /

Paramount Global, the parent of CBS and MTV, must clear one more big hurdle to complete its sale to independent film and TV producer David Ellison.

The Federal Communications Commission must approve the transfer of the company’s broadcast licenses. The agency, whose chairman was appointed by President Donald Trump, has raised questions about ...Read more

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Boeing judge urged to accept US deal in 737 Max crash case

Business / Business News /

The U.S. Justice Department urged a judge in Texas to accept a proposed settlement agreement reached with Boeing Co. that would allow the planemaker to avoid a criminal charge in a longstanding case over two fatal crashes of its 737 Max jets.

In a court filing Wednesday, federal prosecutors defended the deal, arguing that it was made in good ...Read more

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'Speech-police regime': Big Tech trade group sues Minnesota over social media transparency law

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Social media companies like Meta, Snapchat and X are scheduled to start sharing more information with consumers about usage rates and content practices under a new Minnesota transparency law that took effect Tuesday.

A powerful trade association and lobbying firm representing Big Tech wants to block the requirements, arguing in a federal ...Read more

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Boeing relents in fight over nonunion work, reinstates laid-off engineers

Business / Business News /

Boeing has reinstated dozens of laid-off Washington workers who, the engineering union alleged, were in the same roles as nonunion workers but spared from the widespread job cuts.

The Society of Professional Engineering Employees in Aerospace, better known as SPEEA, the union that represents engineers and technical workers at Boeing, had ...Read more

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Jane Fonda and other celebs demand that Amazon improve conditions for pregnant workers

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Jane Fonda, Cynthia Nixon, Sally Field and several other celebrities are demanding that Amazon address allegations that pregnant warehouse workers are not receiving reasonable accommodations, causing health complications and even miscarriages.

The Hollywood personalities, which include Lily Tomlin, Chelsea Handler, Rosario Dawson and Pamela ...Read more

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Strong spring car sales bring chilly headwinds for second half of year

Business / Business News /

U.S. car and truck sales remained strong between April and June despite policy upheaval under the new Trump administration. But analysts predict a wave of panic buying this spring will lead to a chilly market later this year.

Looming over a healthy first half of the year are pricey import taxes and the potential loss of several tax incentives ...Read more

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Microsoft to lay off as many as 9,000 employees in latest round

Business / Business News /

Microsoft is kicking off its fiscal year by laying off thousands of employees in the largest round of layoffs since 2023, the company confirmed Wednesday.

In an ongoing effort to streamline its workforce, Microsoft said as much as 4%, or roughly 9,000, of the company’s employees could be affected by Wednesday’s layoffs. It’s unclear how ...Read more

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Target faces serious challenges as CEO Cornell's retirement nears

Business / Business News /

Brian Cornell is near the end of an 11-year tenure as Target’s CEO, and he will leave with industry-leading successes and plenty of unfinished business.

Target’s been hurt in the last three years by operational missteps, inflation’s dampening of consumer sentiment and now tariff costs. On top of all this, the company found itself in the ...Read more

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Millions of tons of coal ash are buried underground in Colorado, seeping toxic chemicals into groundwater

Business / Business News /

BOULDER, Colorado — When Xcel Energy stopped burning coal at its Valmont Power Station in 2017, it left 1.6 million tons of toxic coal ash on the property, and now that waste is leaking hazardous metals into groundwater, threatening nearby drinking-water wells.

Xcel plans to scoop most of the coal ash from a landfill at the site and turn it ...Read more

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As companies embrace AI, these leaders offer tips to make it better

Business / Business News /

In 2025, it seems like just about everyone is talking about artificial intelligence and its myriad potential uses.

“I have never seen any buzzword so quickly adopted,” said Leila Rao, founder of Decatur, Georgia-based organizational change consultancy AgileXtended. Rao helps guide companies through a variety of organizational changes, ...Read more

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Matthew A. Winkler: Let AI explain why Tesla's critics are losing

Business / Business News /

Almost everything said about Tesla Inc. these days ranges from bad to worse.

The majority of 61 analysts following the electric vehicle and clean energy company led by Chief Executive Officer Elon Musk say investors should avoid buying the stock. Plummeting sales at home and abroad underscore Bloomberg Intelligence research showing 31% of car ...Read more

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Miami firm partners with JPMorgan Chase to bring AI-powered strategic consulting to small businesses

Business / Business News /

A partnership between JPMorgan Chase and Miami-based firm Consulting IQ is set to reshape the landscape for small and midsize businesses (SMBs), providing them with access to high-level strategic consulting tools powered by artificial intelligence.

The platform offers SMBs a wide range of capabilities—from developing strategies in sales, ...Read more

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Court approves sale of 23andMe to nonprofit led by co-founder Anne Wojcicki

Business / Business News /

23andMe, a distressed genetic testing company that filed for bankruptcy this year, has received another potential lifeline.

A bankruptcy judge approved the sale of the company's assets and business operations to a nonprofit led by 23andMe's co-founder and former chief executive, Anne Wojcicki. The nonprofit, TTAM Research Institute, will pay $...Read more

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Tinder rolls out mandatory face verification for California users

Business / Business News /

West Hollywood-based Tinder is now requiring facial recognition scans for all users in California as part of its efforts to build trust among users and reduce the prevalence of scams and fraud that plague dating apps.

The feature, called Face Check, prompts users to take a short video selfie that is used to verify their identity. The ...Read more

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Ex-General Mills employee alleges retaliation after he objected to 'fun facts' Black history flyers

Business / Business News /

A Black former General Mills employee is suing the company for discrimination and retaliation, alleging he was fired after objecting to Black History Month flyers that referred to racist atrocities as “fun facts.”

According to the lawsuit filed in Hennepin County (Minnesota) District Court, L. Lee Tyus Jr., who worked at a General Mills ...Read more

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Rocket Companies completes purchase of Redfin

Business / Business News /

Rocket Companies announced Tuesday that it has closed on its previously announced $1.75 billion deal for real estate brokerage Redfin, a deal that combines Redfin’s home search platform with Detroit-based Rocket’s mortgage lending.

“I’ve used Redfin every day for the last 20 years. It helped me find and fall in love with my first home, ...Read more

Henry Payne/The Detroit News/TNS

Employee discount pricing yields wins for Ford second-quarter sales

Business / Business News /

Ford Motor Co. reported a 14% increase in U.S. sales in the second quarter, benefitted by the Dearborn, Michigan, automaker offering discounts traditionally reserved for its employees to all customers on most of its lineup.

The "From America, For America" promotion providing "Plan A" pricing runs through the weekend. It came in response to ...Read more

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Zoom warns Maryland users of 3% 'tech tax' in Gov. Wes Moore's budget

Business / Business News /

Software titan Zoom Communications Inc. is warning its Maryland customers about the state’s new 3% sales tax on technology services, which takes effect Tuesday.

A June 24 letter from Zoom explains the changes to Maryland’s tax code — which Gov. Wes Moore signed into law — that will impact services for its customers with a “sold-to” ...Read more