Softened tariffs and tax cuts are expected to boost both the Michigan and national economies with growth expected by 2027 at the latest, according to a new report by University of Michigan economists.

But import taxes and other policy under President Donald Trump will create some short-term pain for Michigan, researchers wrote in the 2026-2027 ...Read more

Yann LeCun, an artificial intelligence pioneer who runs a research lab at Meta Platforms Inc., told employees that he will depart the social media giant at the end of the year and start a new company, according to a memo obtained by Bloomberg News.

LeCun, who has been at Meta since 2013, made the announcement on Wednesday, according to the ...Read more

REI Co-op is returning to its roots of offering experiences by introducing a new benefit to its members Wednesday: trips planned through a tour operator to domestic and global travel destinations.

The Issaquah-based outdoor retailer has partnered with Intrepid Travel, which refers to itself as the world's largest adventure travel company," to ...Read more

REDMOND, Washington — Two months after Microsoft for the first time restricted services to an Israeli military unit, protesters were again on the company’s doorstep to demand Microsoft sever all ties with Israel’s government.

On a chilly Tuesday morning in Redmond, pro-Palestinian activists beat drums, waved flags and pointed megaphones ...Read more

The University of Washington unveiled its new initiative Tuesday to spearhead the college's approach to artificial intelligence.

The initiative, AI@UW, was made possible in part through a $10 million donation by Charles and Lisa Simonyi, a husband-wife pair of philanthropists, according to a news release shared with The Seattle Times.

Charles ...Read more

Target will spend an additional $1 billion next year to revamp merchandise and improve stores as sales and profits continue to slip and the retailer tries to catch up to competitors.

The company also announced a new partnership with OpenAI to expand online shopping options as it reported quarterly results Wednesday.

Long known for clean stores...Read more

In late September, the German airline Deutsche Lufthansa AG told analysts and investors that it planned to eliminate 4,000 administrative positions by the end of the decade. Among the reasons it cited was “the increased use of artificial intelligence.”

Weeks later, Dutch lender ING Groep NV said nearly 1,000 positions were at risk from “...Read more

It has become routine practice to turn to Trump administration spokespersons to learn how Democrats and illegal immigrants are the source of all our problems. The high price of beef? Check.

Here, for example, is Treasury Secretary Scott Bessent explaining for Fox News on Sunday why beef prices have been soaring:

"This is the perfect storm," he...Read more

The decision to move U.S. Space Command out of Colorado was a red flag for business leaders who have formed a new coalition to work on seeing that the state holds onto its edge in the aerospace and defense fields.

Led by the Colorado Chamber Foundation, the new organization wants to strengthen the state’s position as a national leader in the ...Read more

Roblox, a popular gaming platform that's faced growing scrutiny over child safety concerns, said Tuesday it will require users to verify their age if they want to chat with other players.

To do so, people will provide an ID or take a selfie through the Roblox app to prove they're as young or old as they say they are. The verification feature ...Read more

ST. LOUIS — Among the 16 building trades in the St. Louis area, a network is forming to focus on the mental health of workers.

The increasingly critical effort aims to draw out a group with a reputation for being tough as nails — and tight-lipped about personal problems.

The motivation to join forces can be found in statistics. ...Read more

Axalta, the Philadelphia-based automobile paint and coatings maker, is set to be acquired by AkzoNobel NV, the Netherlands-based maker of Dulux and other paint and coatings brands, in an all-stock deal worth $6 billion.

Both companies have plants in the Philadelphia area, among other locations worldwide.

Axalta’s headquarters and central ...Read more

Alphabet Inc.’s Google debuted an updated version of its artificial intelligence model, Gemini, that executives said represents a “massive jump” in reasoning and coding ability.

The new model, Gemini 3, will be available immediately across all of Google’s major products, including search, and can answer questions with interactive ...Read more

Meta Platforms Inc. won a key lawsuit Tuesday after a federal judge ruled that the company’s acquisitions of the photo-sharing app Instagram and messaging service WhatsApp don’t violate U.S. antitrust law.

U.S. District Judge James Boasberg in Washington said the U.S. Federal Trade Commission failed to prove the deals allowed the tech giant...Read more

The fallout from a week of sharp flight reductions nationwide has eased considerably, just in time for what is expected to be record air travel for Southern Californians flying for the upcoming Thanksgiving holiday.

While the vast majority of travelers will be driving to their destinations, airports and planes will still be crowded given the ...Read more

Amazon-owned Zoox is offering free rides on its San Francisco fleet of boxy, driverless taxis.

The company said Tuesday it is providing the rides to people who download the Zoox app and join a waitlist. The sneak peek is part of a program in which riders provide feedback about the robotaxis before they become more widely available.

The preview...Read more

Skims, an apparel company co-founded by celebrity businesswoman Kim Kardashian, is worth $5 billion after a recent fundraising round.

The brand, known for its sleek bras and tank tops and sculpting bodysuits, completed a $225 million capital raise last week led by Goldman Sachs Alternatives. It was one of the largest private raises for a ...Read more

In the early 2000s, after a severe slump, McDonald's orchestrated a major turnaround, with the introduction of its Dollar Menu.

The menu, whose items all cost $1, illustrated just how important it was to market to low-income consumers — who value getting the most bang for their buck.

Coming at a time of flagging growth, tumbling stock and ...Read more

The news came without warning. At 9:30 a.m., CEO Jacob Deems told Minnesota Rusco’s senior leaders that their parent company, Renovo Home Partners, was bankrupt — and that their own company was finished, leaving 130 employees out of work.

Sean Orr, Rusco’s chief financial officer, felt the air leave the room that morning two weeks ago.

...Read more