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Katy Kildee/The Detroit News/TNS

EV charging, green initiatives face uncertain funding in Michigan since Trump order

Business / Business News /

Tens of millions of dollars promised to Detroit, Grand Rapids and the Michigan Department of Transportation for electric vehicle charging programs are among the federal grants in peril since President Donald Trump ordered agencies to "immediately pause" payments stemming from two laws passed during his predecessor's term.

Trump on Monday issued...Read more

Justin Sullivan/Getty Images North America/TNS

US jobless claims rise slightly but recurring applications surge

Business / Business News /

The number of Americans on benefit rolls climbed to a more than three-year high, while first-time applications for U.S. unemployment insurance edged slightly higher.

Continuing claims, a proxy for people who are already receiving benefits and still can’t find a job, jumped to 1.9 million in the week ended Jan. 11, the highest since November ...Read more

Richard Tribou/Orlando Sentinel/TNS

Plans for a new ship in the works for Celebrity Cruises

Business / Business News /

The Edge-class party won’t be done with the debut of Celebrity Xcel later this year as a sixth ship in the popular class was just ordered by Celebrity Cruises’ parent company Royal Caribbean Group.

The agreement contingent on financing was announced Tuesday with French shipyard Chantiers de l’Atlantique, calling for a sister vessel to be ...Read more

Genaro Molina/Los Angeles Times/TNS

'Erewhon 2.0' is coming with three new locations opening in 2025

Business / Business News /

Erewhon, the luxury supermarket chain that turned grocery shopping into a hyper-trendy Los Angeles lifestyle, is ramping up its pace of expansion.

The company will move into three new cities in 2025: Manhattan Beach, West Hollywood and Glendale.

It's the most store openings in a single year since owners Tony and Josephine Antoci bought Erewhon...Read more

Glen Stubbe/Minnesota Star Tribune/TNS

Farmers brace for new Trump tariffs

Business / Business News /

DILWORTH, Minnesota – Glen Hjelle’s farm outside Elbow Lake in western Minnesota sits a long way from the White House.

But as a young man, he remembers how then-President Jimmy Carter’s embargo of the Soviet Union rattled wheat markets like nothing he’d see for the coming decades.

That is, until the presidency of Donald Trump.

“I’...Read more

Miguel Martinez/The Atlanta Journal-Constitution/TNS

CNN hit with significant layoffs as network sets a plan for a digital future

Business / Business News /

CNN is cutting 6% of its workforce as the news organization tries to reinvent itself for TV's digital future.

Facing an exodus of viewers and a systemic decline in pay TV subscriptions, the Warner Bros. Discovery-owned news channel said Thursday it will cut 200 employees from the TV side of the business while investing in the digital operation....Read more

Michael Blackshire/Los Angeles Times/TNS

With Los Angeles in need of housing, downtown's empty office towers have appeal

Business / Business News /

The shimmering office towers of the downtown Los Angeles skyline conceal a hard truth — much of the space is empty.

In the years since the pandemic, which upended workplace norms and evaporated demand for office space, landlords downtown have watched in frustration as the value of their office buildings has plummeted. More than a few have ...Read more

Real estate Q&A: What should renter do with unwanted stuff in partially furnished condo?

Business / Business News /

Q: My son is leasing a small condo. The lease includes “a sofa, TV, TV stand, table, 2 chairs, bed and mattress”. He did not want the mattress, and the owner’s brother removed it, leaving the used bedding behind. A few unwanted small appliances, pans, and dishes were left in the kitchen cabinets. The condo is small, and my son needs the ...Read more

Dreamstime/Dreamstime/TNS

Should you buy a home in South Florida in 2025? Experts see a promising year ahead

Business / Business News /

Buying a home in South Florida this year is likely to be easier to navigate than last year, real estate experts say.

Realtors are offering insights on why the market may be more appealing to many buyers in 2025.

“Last year, a lot of people were afraid to do things,” said Kay Conageski, a Realtor with the Keyes Company, a real estate ...Read more

San Diego on track for its slowest-ever home sales year

Business / Business News /

San Diego County was on track for its lowest-ever home sale year as mortgage rates and prices stayed high to end the year.

Through November, CoreLogic data shows 25,998 home sales. At that sales pace and with interest rates near 7% at the end of December, 2024 could take the crown for slowest year from 2023, which recorded 26,906 sales, data ...Read more

Aaron Flaum/Hartford Courant/Hartford Courant/TNS

Airbnb listings put squeeze on rental availability in CT. Here's what experts say drives the 2025 market

Business / Business News /

As Greater Hartford faces an incredible demand for affordable housing and long-term rentals, the high number of listings on Airbnb shows plenty of open properties or rentals available.

But according to experts, those Airbnb properties are contributing to the declining supply of long-term rentals.

A consumer affairs study from last year marked ...Read more

Detroit's mostly empty Renaissance Center tower heads to auction

Business / Business News /

DETROIT — One of the two shorter office towers that are part of the Renaissance Center complex is heading to auction in March.

The 600 Tower is set to be auctioned online March 17-19, with a starting bid of $2.75 million, according to a listing on Ten-X.com.

"We wanted to market this to the widest possible pool of potential buyers and we ...Read more

General Mills/TNS

'Soup drops' are General Mills' latest strategy to revive waning Progresso

Business / Business News /

Jimmy Fallon was less than eager to try Progresso’s chicken noodle soup-flavored hard candies, or “soup drops,” which General Mills released earlier this month.

“I tried it,” “The Tonight Show” host said last week, “and it sucks.”

Pun intended or not, that seems to be the point of this publicity stunt: attention, at any cost,...Read more

Bizuayehu Tesfaye/Las Vegas Review-Journal/TNS

Chairman of Nevada gaming regulatory agency to resign

Business / Business News /

Kirk Hendrick, the chairman of the Nevada Gaming Control Board for the last two years, has resigned and will leave the position at the end of the 2025 legislative session.

Hendrick made the announcement Wednesday after meeting recently with Gov. Joe Lombardo.

An exact date for Hendrick’s departure hasn’t been determined, but Nevada ...Read more

Justin Sullivan/Getty Images North America/TNS

Apple gender-discrimination lawsuit that allegedly started with man's tax form left on printer gets boost from judge

Business / Business News /

Apple has suffered a major blow in a massive unequal-pay lawsuit launched against the company after a female employee allegedly found on an office printer a male colleague’s tax form suggesting men at the Cupertino firm were paid more than women for the same jobs. A judge on Friday shot down the iPhone maker’s bid to kill the legal action.

...Read more

Nuccio DiNuzzo/Chicago Tribune/TNS

Chicago Public Media offering buyouts to Sun-Times editorial staffers, WBEZ business employees

Business / Business News /

Struggling with declining revenue in its groundbreaking nonprofit radio/newspaper model, Chicago Public Media is offering voluntary buyouts for Chicago Sun-Times journalists and business employees at WBEZ.

The WBEZ newsroom will not be affected by the buyout announcement Wednesday, but more cuts could be on the way.

In a memo shared with ...Read more

Dreamstime/Dreamstime/TNS

Bird flu found in second Georgia commercial poultry flock

Business / Business News /

Less than a week after a highly contagious strain of bird flu was found in a Georgia commercial poultry facility for the first time, a second and even larger flock nearby has tested positive for the virus, state agriculture officials said Wednesday.

The virus, the H5N1 strain of Highly Pathogenic Avian Influenza, has ravaged wild birds, ...Read more

ERIC LUTZENS/The Denver Post/TNS

Federal incentives or not, advocates see no turning back to get more EVs on Colorado roads

Business / Business News /

With the strides Colorado has made in adopting electric vehicles, state officials believe it’s “full speed ahead” on realizing state goals even if federal incentives are rolled back.

Colorado edged out California in the third quarter of 2024 to take the nation’s top spot for market share of new electric vehicles. A report said electric ...Read more

Olin Corp. to acquire Wisconsin ammo plant

Business / Business News /

CLAYTON, Missouri — Olin Corp. announced Tuesday it is set to buy ammunition manufacturing equipment from an Arizona company for $75 million. The deal is expected to close in the second quarter of 2025.

The acquisition between Clayton-based Olin and AMMO, Inc. includes AMMO’s brass shell capabilities and a 185,000-square-foot production ...Read more

Andrew Harnik/Getty Images North America/TNS

OpenAI, Oracle and Softbank team up on multibillion-dollar AI project

Business / Business News /

President Trump on Tuesday announced that OpenAI, Oracle and Softbank are partnering on a venture to direct more than $100 billion toward computing infrastructure that will power artificial intelligence in the United States.

"It will ensure the future of technology," Trump said at a news conference at the White House, where he was joined by ...Read more