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Econometer: Is a Netflix-Warner Bros. merger bad for the entertainment industry?

Business / Business News /

Netflix recently agreed to buy Warner Bros. Discovery for $72 billion, which would create an entertainment juggernaut — and kicked off a fair share of criticism.

The deal would mean the streamer would own some of the biggest franchises in the world: DC Comics, “Game of Thrones,” “Harry Potter,” “Looney Tunes” and more.

Critics ...Read more

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Henry Payne: 2025 Detroit News Vehicle of the Year

Business / Business News /

Car shoppers had plenty of choices in 2025 as auto grocery shelves were teeming with goodies. If the food market has ice cream, beverage, fruit, and meat aisles, then auto stores offer trucks, SUVs, small cars and EVs.

There’s something for everyone at every price point (well, unless you wanted sub-$20K subcompacts).

We here at The Detroit ...Read more

Genaro Molina/Los Angeles Times/TNS

Podcast industry under siege as AI bots flood airways with thousands of programs

Business / Business News /

Chatty bots are sharing their hot takes through hundreds of thousands of AI-generated podcasts. And the invasion has just begun.

Though their banter can be a bit banal, the AI podcasters' confidence and research are now arguably better than most people's.

"We've just begun to cross the threshold of voice AI being pretty much indistinguishable ...Read more

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Keep Chinese vehicles out of US, auto lobby tells Moolenaar panel

Business / Business News /

WASHINGTON — The nation's top automotive lobbying group urged lawmakers Thursday to keep Chinese automakers and battery firms out of the United States.

"The Alliance for Automotive Innovation urges Congress and the Trump Administration to prevent Chinese government-backed auto and advanced battery manufacturers from gaining entry to ...Read more

Breana Noble/The Detroit News/TNS

Fed officials split over risks to US economy going into 2026

Business / Business News /

Federal Reserve officials — including two who will become voters in 2026 — offered strongly opposing views Friday on what to do with interest rates, continuing a debate that will grip the U.S. central bank into the new year.

Three policymakers focused in their comments on inflation risks, though one of them suggested he was advocating only ...Read more

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Auto review: Sleek, luxurious and not at all subtle, the Vistiq is glorious as only a Cadillac can be

Business / Business News /

Cadillac is trying very hard to convince us that luxury is no longer measured in cubic inches or tailfins, but in kilowatts and display screen size. And the 2026 Cadillac Vistiq delivers both the way a Midwestern grandmother delivers holiday casseroles: in quantities approaching humanitarian aid.

Cadillac’s latest electric yacht, the 2026 ...Read more

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Mercedes delivers cockpit-like-fun with AMG SL 63 S

Business / Business News /

Hang on to your hat, this is a fun one!

The cockpit experience isn’t for every driver, but those who have the need for speed and luxury appeal, look no further than the SL 63 S E Performance by Mercedes.

As a long-timer in the Mercedes fleet, the SL class delivers a luxury feel but with the utmost power and handling for “hair in the wind�...Read more

Robert Gauthier/Los Angeles Times/TNS

California unemployment rises in September as forecast predicts slow jobs growth

Business / Business News /

California lost jobs for the fourth consecutive month in September — and it's expected to add only 62,000 new jobs next year as high taxes drag on business formation, according to a report released Thursday.

The annual Chapman University economic forecast released Thursday found that the state's job growth totaled just 2% from the second ...Read more

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Anheuser-Busch to close its Newark brewery after 75 years

Business / Business News /

Beer giant Anheuser-Busch will be closing its brewery in Newark, New Jersey, in early 2026 after nearly 75 years.

Full-time employees will be offered a choice between severance packages or jobs at other locations, including money to relocate, according to a press release sent to media outlets Thursday.

“Over the last five years we have taken...Read more

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TED Talks moving its flagship event to San Diego

Business / Business News /

Seeking to redefine its place in a changing media landscape, TED — the New York-based nonprofit behind the globally recognized TED Talks — is moving its flagship event to San Diego, potentially creating dozens of new jobs.

After a decade in Vancouver, Canada, the five-day speaking series will debut in San Diego in 2027. TED is moving beyond...Read more

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Ford, SK On to split joint venture as EV market grows cold

Business / Business News /

Ford Motor Co. and its South Korean battery partner are getting a divorce.

SK On said Thursday it's made an agreement with Ford to exit their electric vehicle battery joint venture that had invested $11.4 billion into Kentucky and Tennessee. It's another sign of the dissipation of EV momentum in the United States as it becomes clear consumer ...Read more

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Disney invests $1 billion in OpenAI, licenses Mickey Mouse to Sora AI platform

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OpenAI said Thursday it reached a licensing deal with the Walt Disney Co. to use more than 200 popular Disney characters including Mickey Mouse, characters from “Frozen” and Yoda from “Star Wars” in OpenAI’s text to video tool Sora. Disney has also agreed to invest $1 billion in the San Francisco AI startup.

The deal marks a ...Read more

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India draws $52 billion from Amazon, Microsoft in tech expansion

Business / Business News /

Amazon.com Inc. and Microsoft Corp. are intensifying their India push with a combined $52 billion in fresh investment, underscoring the country’s rising status as a key growth market for artificial intelligence, cloud services and online retail.

E-commerce giant Amazon on Wednesday boosted its India investment pledge to $35 billion through ...Read more

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US jobless claims jump by most since 2020 after holiday drop

Business / Business News /

Applications for U.S. unemployment benefits rose last week by the most since the onset of the pandemic, underscoring the volatile nature of claims at this time of year.

Initial claims increased by 44,000 to 236,000 in the week ended Dec. 6, according to Labor Department data released Thursday. That was the biggest jump since March 2020 and ...Read more

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Toxic water from Texas oil production is set to be treated and pumped into rivers

Business / Business News /

Texas is about to deploy a potential solution to the oil industry’s toxic wastewater problem — but it’s a move that carries environmental risks of its own.

State regulators are working to issue permits that would let four companies, including major landowner Texas Pacific Land Corp. and pipeline operator NGL Energy Partners LP, release ...Read more

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Instacart is charging different prices to different customers in a dangerous AI experiment, report says

Business / Business News /

The grocery delivery service Instacart is using artificial intelligence to experiment with prices and charge some shoppers more than others for the same items, a new study found.

The study from nonprofits Groundwork Collaborative and Consumer Reports followed more than 400 shoppers in four cities and found that Instacart sometimes offered as ...Read more

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Roblox sued by Southern California families alleging children met predators on its platform

Business / Business News /

Video gaming platform Roblox is facing more lawsuits from parents who allege the San Mateo, California, company isn't doing enough to safeguard children from sexual predators.

A Los Angeles County mother, whose identity wasn't revealed in a November lawsuit, alleges that her daughter met a predator on Roblox who persuaded her child to send ...Read more

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Michael Hiltzik: Paramount-Warner fight shows the hostile takeover is back. So are the egos of the combatants

Business / Business News /

If there were any doubts that hostile corporate takeovers, which went into a decline after their heyday in the 1980s, are back, the $78 billion hostile bid by Paramount for Warner Bros. Discovery should put them to rest.

The bid by Paramount, which is controlled by the family of billionaire Larry Ellison, has many of the features of hostile ...Read more

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Time names 'Architects of AI' 2025 Person of the Year

Business / Business News /

Time has named “the Architects of AI” as the magazine’s 2025 Person of the Year, recognizing the influence of the revolutionary technology on society, culture and the future of work.

This year, the honor given to any person, group, idea, or object that most influenced the global conversation over the past 12 months went to the individuals...Read more

Real estate Q&A: Can condo board keep me from renting if my credit score is barely too low?

Business / Business News /

Q: I’ve been having an issue while trying to rent a condo apartment. I have a good job, drive a nice car and have a credit score of 690. The condo’s board has refused to let me rent in their building because they say the rules require a minimum credit score of 700. Are they allowed to deny my application for this reason? —Gordon

A: Yes, ...Read more