Business

/

ArcaMax

K.M. Cannon/Las Vegas Review-Journal/TNS

Group calls on Nevada gambling regulators to eliminate smoking in casinos

Business / Business News /

Anti-smoking advocates are calling on Nevada gaming officials to put an end to smoking inside casinos and gambling establishments.

In an open letter Thursday to the Nevada Gaming Commission, Americans for Nonsmokers’ Rights took aim at what it perceives is the casino industry’s seemingly conflicted stance when it comes to allowing indoor ...Read more

Jonathan Raa/NurPhoto/Zuma Press/TNS

Social media platforms engaged in 'vast surveillance' and failed to protect young people, FTC finds

Business / Business News /

Major social media platforms and video streaming services that gather a "staggering" amount of data from its users have failed to protect young people and safeguard online privacy, the Federal Trade Commission said Thursday.

"These surveillance practices can endanger people's privacy, threaten their freedoms, and expose them to a host of harms,...Read more

Henry Payne/The Detroit News/TNS

GM's Cruise returns to Bay Area a year after robotaxi-pedestrian crash

Business / Business News /

General Motors Co.'s Cruise LLC self-driving auto business is back on the roads in the Bay Area with mapping vehicles almost a year after a pedestrian accident there halted operations nationwide.

Cruise said Thursday it's deploying manual mapping vehicles in Sunnyvale and Mountain View and intends to progress to supervised testing with up to ...Read more

JAQUE DA SILVA/SOPA Images via ZUMA Press Wire/TNS

Amazon MGM Studios is joining the Motion Picture Association

Business / Business News /

LOS ANGELES — Amazon MGM Studios will soon join the Motion Picture Association, the lobbying arm of Hollywood's major studios announced Thursday.

The Seattle-based tech and retail giant — which distributes content via its theatrical arm, Amazon MGM, and its streaming service, Prime Video — will officially become the seventh member of the ...Read more

Paul Bersebach/The Orange County Register/TNS

US mortgage rates fall further, stoking housing optimism

Business / Business News /

Mortgage rates continued their decline, hitting the lowest level since early February 2023.

The average for a 30-year, fixed loan was 6.09%, down from 6.2% last week, Freddie Mac said in a statement Thursday.

Borrowing costs have fallen significantly in recent weeks in anticipation of interest-rate cuts by the Federal Reserve. The central bank...Read more

Former Nevada board chief accuses gaming regulators of racial discrimination

Business / Business News /

A former chief of the Nevada Gaming Control Board’s Administration Division has filed a racial discrimination lawsuit against the board.

Jaime Black, a Control Board employee since 2014 and appointed to head the Administration Division in June 2017, said in the lawsuit she was pressured by Control Board member Brittnie Watkins to engage in ...Read more

Amazon/TNS

Amazon launches Project Amelia, an AI assistant for third-party sellers

Business / Business News /

Amazon launched a new AI-powered personal assistant for third-party vendors Thursday, one of many new features the company rolled out for its independent sellers this week.

The assistant, internally called Project Amelia, answers questions for sellers, offers advice and, down the line, will diagnose problems and take action.

Amazon has already...Read more

Justin Sullivan/Getty Images North America/TNS

Will interest rate decline shake up California housing market?

Business / Business News /

For many prospective homebuyers, the last two years have been brutal as high home prices and mortgage rates produced the most unaffordable housing market since the 2000s bubble.

Many experts don't expect drastic improvement soon, but a shift could finally be underway.

The cost of a 30-year fixed mortgage has fallen from above 7% in May to the ...Read more

Smiley N. Pool/The Dallas Morning News/TNS

Frontier Airlines flight attendants vote to authorize strike

Business / Business News /

Frontier Airlines flight attendants voted to authorize a strike over a business model change they say has resulted in less pay, the Association of Flight Attendants announced Wednesday.

The vote was spurred by the Denver-based airline switching to a business model that includes more one-day trips and fewer multi-day trips for flight attendants,...Read more

Andrej Sokolow/dpa/Zuma Press/TNS

Apple gets EU warning to open up iPhone operating system

Business / Business News /

Apple Inc. has been warned by the European Union to open up its highly guarded iPhone and iPad operating systems to rival technologies, or eventually risk significant fines under its flagship digital antitrust rules.

EU watchdogs announced under the bloc’s Digital Markets Act that Apple must step into line with strict new laws on making ...Read more

Mandel Ngan/AFP/GETTY IMAGES NORTH AMERICA/TNS

Walmart plans instant bank payments, cutting out card networks

Business / Business News /

Walmart Inc. customers will soon have the option to pay directly from their bank accounts with instant transfers for online purchases. The enhanced feature is a flash point in the escalating tensions between merchants and the card networks setting the fees for payment processing.

The world’s largest retailer has offered pay-by-bank through ...Read more

Real estate Q&A: What are our rights after new landlord took over lease?

Business / Business News /

Q: Our landlord recently sold the house we have been renting. The sale happened in the middle of the month, and now the new owner wants us to pay him for the remainder of the month even though we have already paid the prior landlord for the whole month. And he wants us to pay the water bill, even though we never have in the past. What are our ...Read more

Scott Olson/Getty Images North America/TNS

Maker of Ozempic, Wegovy sues Minnesota clinic over knockoff weight-loss medication

Business / Business News /

One of the world’s largest drug manufacturers is suing a small east metro wellness center over the way it marketed and sold a compounded, off-brand version of its blockbuster weight-loss medications.

Novo Nordisk filed its lawsuit this month in U.S. District Court, accusing the Minnesota Vitality and Anti-Aging Center of false advertising and...Read more

Billy Blume/Dreamstime/TNS

After ditching Yoplait, General Mills on the hunt for an acquisition

Business / Business News /

On the heels of announcing the sale of Yoplait, General Mills is looking to replace the under-performing brand with a grab-and-go acquisition.

The Minnesota-based maker of Cheerios and Totino’s is seeking possible additions to its pet food, snacking or food-service portfolio, areas of strong growth for a company struggling to expand its sales...Read more

Neo Hopkins/The Detroit News/TNS

High court affirms Michigan's plan to increase minimum wage to $12.48 in February

Business / Business News /

LANSING, Michigan — Michigan’s $10.33 hourly minimum wage should increase to $12.48 an hour on Feb. 21, the Michigan Supreme Court said in a Wednesday order that clarified the timeline for a phase-in of a $15 minimum wage.

The order came after the high court majority on July 31 ruled a strategy used to curb minimum wage and paid sick leave ...Read more

Anna Moneymaker/Getty Images North America/TNS

Car AM radio bill passes House panel

Business / Business News /

WASHINGTON — A panel of U.S. House lawmakers advanced a bill Wednesday that would force automakers to install AM radio in all new cars.

The measure, titled the AM Radio for Every Vehicle Act, advanced through the House Committee on Energy and Commerce with broad bipartisan support. The only lawmaker to express outspoken opposition was ...Read more

Robin Buckson/The Detroit News/TNS

UAW threatens to strike Ford Rouge Tool and Die plant over local contract

Business / Business News /

The United Auto Workers said Wednesday it'll strike the tool and die unit at Ford Motor Co.'s Rouge Complex next week if local contract issues aren't resolved.

More than a year has passed since the deadline to reach a new local agreement between the Dearborn automaker and the unit of roughly 500 workers represented by UAW Local 600 in Dearborn....Read more

Elias Valverde II/The Dallas Morning News/TNS

Elliott still wants Southwest Airlines CEO Bob Jordan out, union says

Business / Business News /

Southwest Airlines CEO Bob Jordan and executive chairman Gary Kelly would be long gone by now if one vocal activist investor had its way, one of the airline’s unions told members this week.

“... Elliott advised that its preference would be for board chair Gary Kelly to exit his position sooner than the announced departure at next spring’...Read more

Sea-Tac Airport refuses to pay 100-bitcoin ransom after August cyberattack

Business / Business News /

The hackers behind last month’s cyberattack on Seattle-Tacoma International Airport are demanding a 100-bitcoin ransom — about $6 million — for stolen data, though just how much information was accessed, and what kind, is still unclear.

During a Wednesday morning hearing with the U.S. Senate’s Commerce, Science and Transportation ...Read more

Murray Close/Lionsgate/TNS/TNS

'Hunger Games' studio Lionsgate to partner with AI company

Business / Business News /

Lionsgate will work with artificial intelligence research company Runway to create and train a new artificial intelligence model customized to the “Hunger Games” and “John Wick” studio’s film and TV content, marking the AI company’s first collaboration with a Hollywood studio.

The model will generate cinematic video that can then be...Read more