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Mars Snacking to invest $100 million, add 600 jobs through Chicago HQ expansion
CHICAGO — Candy giant Mars Snacking is investing $100 million to expand its Chicago headquarters, adding two new offices and more than 600 jobs, the company announced Wednesday.
Incentivized by state tax credits, Mars Snacking is opening a new regional office in Fulton Market and taking over the former Kellanova headquarters in River North as...Read more
Starbucks heads south? Coffee giant takes large office in Nashville, documents show
SEATTLE — In the latest sign of Starbucks' shifting strategy, the Seattle-based coffee giant is leasing a 250,000-square-foot office big enough for 2,000 people in Nashville, Tennessee, according to a copy of the lease viewed by The Seattle Times.
The lease, which starts June 2027 and runs for up to 23 years, was signed by Starbucks on March ...Read more
HUD launches investigation into WA's Covenant Homeownership Program
SEATTLE — In the Trump administration’s latest attack on Washington’s housing programs, the Department of Housing and Urban Development has launched an investigation into Washington's Covenant Homeownership Program.
HUD claims the down payment assistance program, intended to redress past housing discrimination, violates the Fair Housing ...Read more
CarMax settles multi-county lawsuit over tardy title transfers
SAN JOSE, Calif. — CarMax has agreed to pay $1.1 million and change its practices to settle litigation from multiple California county prosecutors alleging the national auto dealer was slow-footing title transfers to customers in violation of state law.
The settlement with CarMax follows similar litigation resolved a year ago against ...Read more
Instagram, YouTube found liable in lawsuit alleging they were designed to addict kids
LOS ANGELES — After a grueling seven weeks of court proceedings and more than 40 hours of tense deliberations across nine days in one of the country’s most closely watched civil trials, jurors handed down a landmark decision in Los Angeles Superior Court on Wednesday, finding Instagram and YouTube responsible for the suffering of a Chico ...Read more
Instagram, YouTube found liable in lawsuit alleging they were designed to addict kids
LOS ANGELES — After a grueling seven weeks of court proceedings and more than 40 hours of tense deliberations across nine days, jurors handed down a landmark decision in Los Angeles Superior Court on Wednesday, finding Instagram and YouTube responsible for the suffering of a Chico woman who charged the platform was built to addict young users ...Read more
Once a slowpoke, Toyota growing EV portfolio amid industry pullback
GEORGETOWN, Ky. — The second-best-selling automaker in the United States is finally making its move on electric vehicles.
Toyota Motor Corp., at a moment when its Detroit competitors are bringing back Hemi engines and taking massive write-downs on EV efforts, showed off its first-ever American-made battery-electric vehicle Monday during an ...Read more
Mass deportations could jolt Bay Area economy and trigger job losses: report
SAN JOSE, Calif. — Mass deportations could jolt the Bay Area economy, erode the region’s already shaky job market, undermine federal, state and property tax revenue, and dampen retail and restaurant spending, according to a new economic report.
Deportations of undocumented immigrants could erase up to 5.8% of the nine-county region’s ...Read more
Javier Blas: Trump is winning the oil-price jawboning battle
Give credit where it’s due. Despite all the setbacks, Donald Trump is right that the U.S.-Israeli war in Iran war hasn’t triggered the oil price super-spike many feared — at least not yet. “I thought it would be worse, much worse,” the American president said last week, and it’s hard to disagree. Trump, wearing his social media ...Read more
Texas' economic success no miracle, governor says during Fort Worth visit
FORT WORTH, Texas — Texas Gov. Greg Abbott compared the state’s economy to a master planned community during a stop Tuesday at the Fort Worth Stockyards.
Abbott participated in a fireside chat with Hillwood Chairman Ross Perot Jr. to cap off the fifth annual Forward Fort Worth summit.
Years of design, planning and execution have resulted ...Read more
Bollinger Motors founder buys back EV startup's assets for just $250K
DETROIT — Robert Bollinger, the founder and one-time CEO of one of Michigan's best-known electric vehicle startups, is buying back major assets of his old company for a bargain price: just under $250,000.
It's the latest twist for a firm that just a few years ago sold a majority stake for $150 million during the height of the EV investment ...Read more
$8.71 a gallon? Welcome to LA's most infamous gas station
LOS ANGELES — The drab Chevron at the edge of Chinatown always makes the news. It's one of those Los Angeles gas stations that garners gasps, even shrieks, from Angelenos shocked by the cost per gallon, which is perpetually priced above other pumps across the city.
The price of gasoline has surged since the U.S. and Israel attacked Iran more ...Read more
David's Bridal's new CEO is on a mission to create a one-stop shop for wedding planning
PHILADELPHIA -- Kelly Cook got married in a $19 dress from a Macy’s clearance rack.
She and her husband, Damon, had $100 in their checking account at the time, she said. There was no theme, website, or videographer, just 50 people gathered in a scorching-hot Houston backyard.
To Cook, she said, “it was the most perfect wedding ever.”
...Read more
Could Cuban Americans invest and own businesses in Cuba soon? Not so fast. Here's why
MIAMI — The possibility that Cubans in South Florida and elsewhere outside the island might soon be able to invest in and own businesses in Cuba may amount to little more than an invitation and a fantasy.
Standing in the way of any investments and businesses that Cuban exiles may want to start on the island, experts say, are U.S. government ...Read more
As many shoppers and retailers struggle, California's Ross Dress for Less is booming
LOS ANGELES — As big malls and department stores close, bargain chains like Ross Dress for Less are rolling out new stores.
Economic anxiety and inflation are leading shoppers to spend less and search for savings. In this bombed-out retail landscape, some chains are thriving and opening new outlets.
At a new Ross in Alhambra, Liz Lopez was ...Read more
Michael Hiltzik: Inside the 1979 Silicon Valley demo that made Apple what it is today
It's one of the truly seminal events of the computer age.
In December 1979, Apple co-founder Steve Jobs led a delegation of his engineers into Xerox's Palo Alto Research Center, the legendary PARC, for a demonstration of PARC's most closely held inventions.
The research lab was already known to Silicon Valley cognoscenti for having invented a ...Read more
As LA jury deliberates, another social media lawsuit ends in $375 million verdict
Jurors in New Mexico leapfrogged their California peers Tuesday, handing down a $375 million verdict against Meta for endangering children while a similar lawsuit remains pending in Los Angeles County.
The jury in Santa Fe came back with a decision in just hours while the L.A. panel slogged through its eighth day of deliberations over charges ...Read more
OpenAI will shut down its Sora tool
OpenAI plans to shut down its Sora text-to-video tool, a stunning move that comes three months after Walt Disney Co. pledged to invest $1 billion in the artificial intelligence company and allow the use of dozens of beloved characters.
The San Francisco-based company did not disclose why it was shutting down the tool or the timeline for its ...Read more
Democrats call for review of Paramount's Middle Eastern financial backers
Democratic lawmakers are demanding scrutiny into Paramount Skydance's financial backers amid rising concerns about potential foreign influence of U.S. media properties.
In a letter this week to Federal Communications Commission Chairman Brendan Carr, seven U.S. senators criticized Carr's suggestion that Paramount's $111 billion bid for Warner ...Read more
Robot maker Fanuc plans $90 million Michigan facility employing 225
DETROIT -- Robot maker Fanuc America will expand its Michigan footprint with a $90 million investment to buy property and build an 840,000-square-foot facility in Pontiac that the company says will will be used for engineering and advanced manufacturing purposes.
The Rochester Hills-based subsidiary of Japanese robotics and automation giant ...Read more
Popular Stories
- War knocks global economy with dual shock to growth, prices
- Democrats call for review of Paramount's Middle Eastern financial backers
- OpenAI will shut down its Sora tool
- As LA jury deliberates, another social media lawsuit ends in $375 million verdict
- Robot maker Fanuc plans $90 million Michigan facility employing 225









