Business

/

ArcaMax

Kirill Kudryavtsev/AFP/Getty Images North America/TNS

San Diego County seeks new policy to govern use of AI

Business / Business News /

With artificial intelligence already affecting nearly every aspect of people’s lives, San Diego County supervisors want a formal policy that spells out how staff will use — or avoid — the technology.

The Board of Supervisors directed top county officials Tuesday to study what policy changes should be enacted to contend with AI as the ...Read more

Frederic J. Brown/AFP/Getty Images North America/TNS

Trump weighs measures to bring farm workers back to US legally

Business / Business News /

President Donald Trump said he is looking to allow undocumented farm and hospitality industry workers to leave the U.S. for a short period of time and reenter the country legally, a bid to address concerns about labor shortages from his crackdown on undocumented migration.

“We’re going to work with people so that if they go out in a nice ...Read more

Dirk Shadd/Tampa Bay Times/TNS

Florida car insurance premiums could skyrocket due to Trump's tariffs

Business / Business News /

Florida car owners already pay some of the highest insurance premiums in the nation. Last year’s storms threatened to push prices even higher.

Now experts are warning that President Donald Trump’s tariffs could make the situation far worse.

In 2024, Floridians paid an average of almost $3,200 annually for car insurance, according to ...Read more

Tom Gralish/The Philadelphia Inquirer/TNS

Gov. Josh Shapiro says Trump's tariffs are creating 'serious economic uncertainty' during a visit to Philly's port

Business / Business News /

PHILADELPHIA — Gov. Josh Shapiro on Thursday blasted President Donald Trump’s trade agenda during a visit to the Port of Philadelphia, saying the White House has created “serious economic uncertainty” that is increasing costs for shippers and raising prices at the grocery store.

“I’m worried about how the decisions being made right ...Read more

Real estate Q&A: Can co-op board force us to install free-standing AC?

Business / Business News /

Q: I live in a 16-unit co-op with a water-cooled AC that runs throughout the building. My unit and one other are still on the system. The Board told us that when the pump goes out, we must add a free-standing AC. Does the Board have the authority to do this and not maintain the system? — Lance

A: While condominiums and cooperatives often look...Read more

Tom Gralish/The Philadelphia Inquirer/TNS

Norcross group buys more bank shares

Business / Business News /

An investors’ group headed by George Norcross, a South Jersey political leader, developer, and Cooper University Health Care chairman, has bought more shares in Mid Penn Bancorp, a sign of confidence in the regional economy even as U.S. bank shares slip amid economic turbulence.

General American Capital, an investment company backed by the ...Read more

Justin Sullivan/Getty Images North America/TNS

Silicon Valley office market shows vacancy improvement after weak stretch

Business / Business News /

SAN JOSE, Calif — Vacancy levels improved and rental rates rose during the first three months of 2025, a welcome improvement in the battered South Bay office market after months of weaker conditions, a new report shows.

“The Silicon Valley office market showed resilience in the first quarter,” Colliers stated in its first-quarter report ...Read more

Aric Crabb/Bay Area News Group/TNS

One year in, California's $20 minimum wage for fast food workers is lifting boats but still debated

Business / Business News /

One year has passed since 400,000 California workers at fast food chains like McDonald’s and Taco Bell began earning $20 per hour — a special minimum wage that’s thrilled employees and unions but remains vehemently opposed by the restaurant industry, which argues the higher pay has come at a cost of thousands of jobs.

Romualda Alcazar ...Read more

Jason Armond/Los Angeles Times/TNS

Tariffs chill Southern California's vast industrial property market

Business / Business News /

Demand for warehouses used to move goods through Los Angeles County ports is expected to fall if widespread tariffs take effect, potentially damaging the economic vitality of one of the world's largest industrial real estate markets.

Leasing of buildings used to collect and distribute imported goods has slowed at least temporarily as businesses...Read more

Justin Sullivan/Getty Images North America/TNS

Silicon Valley office market shows vacancy improvement after weak stretch

Business / Business News /

SAN JOSE, Calif — Vacancy levels improved and rental rates rose during the first three months of 2025, a welcome improvement in the battered South Bay office market after months of weaker conditions, a new report shows.

“The Silicon Valley office market showed resilience in the first quarter,” Colliers stated in its first-quarter report ...Read more

Josh Edelson/AFP/Getty Images North America/TNS

Google accused of harming kids by secretly grabbing data from school-provided tech products

Business / Business News /

Google is secretly using its education products, including those used in many Bay Area schools, to identify students individually, track their online activity including sites they visit and links they click, and “steal” their personal data for profit, a lawsuit filed by California parents and others claims.

According to the lawsuit filed ...Read more

Samuel Corum/Getty Images North America/TNS

Michigan Sen. Slotkin's first bill seeks to prevent data-collecting Chinese cars from entering the US

Business / Business News /

WASHINGTON — U.S. Sen. Elissa Slotkin, introducing her first bill since winning election to the Senate in November, proposed a measure Thursday aimed at preventing Chinese vehicles from entering the United States.

The bill, titled the Connected Vehicle National Security Review Act, would formally establish a national security review process ...Read more

Nelvin C. Cepeda/The San Diego Union-Tribune/TNS

Ex-Qualcomm vice president convicted in $180 million fraud scheme

Business / Business News /

A former Qualcomm vice president was convicted by a San Diego federal jury Tuesday of wire fraud and money laundering in connection with a scheme worth $180 million, the U.S. Attorney’s Office said.

Karim Arabi, former vice president of the Research and Development Department, was convicted following a four-week trial and “less than two” ...Read more

Michael M. Santiago/Getty Images North America/TNS

Trump's 90-day tariff 'pause' leads to wild reversal in markets -- should investors stay on guard?

Business / Business News /

U.S. President Donald Trump threw markets for another loop on the roller coaster saga of tariffs, announcing that he was pausing the implementation of his “Liberation Day” global tariffs for 90 days on non-retaliating countries. Stocks soared on the day of the news, with the S&P 500 and the Nasdaq closing up 9.5% and 12.2%, respectively, as ...Read more

Josh Edelson/AFP/Getty Images North America/TNS

California's former insurance commissioner sees grim future, more wildfires

Business / Business News /

Former California insurance commissioner David Jones described the L.A. area firestorms in January as a “canary in the coal mine” warning for climate change that will bring more catastrophic fires all-year and push the property and casualty insurance industry to the brink of a financial crisis.

“Climate change is the canary in the coal ...Read more

Henry Payne/The Detroit News/TNS

How Michigan Tesla shoppers are dealing with violent protests

Business / Business News /

TROY, Michigan — Tesla showrooms and owners have become targets across the United States as political activists protest Chairman Elon Musk’s work for the Trump administration’s Department of Government Efficiency.

Metro Detroit is not immune.

Showrooms here have been spared violent attacks like the firebombing of a Las Vegas showroom ...Read more

Leon Neal/Getty Images North America/TNS

California lawmakers tackle potential dangers of AI chatbots after parents raise safety concerns

Business / Business News /

When her 14-year-old son took his own life after interacting with artificial intelligence chatbots, Megan Garcia turned her grief into action.

Last year, the Florida mom sued Character.AI, a platform where people can create and interact with digital characters that mimic real and fictional people.

Garcia alleged in a federal lawsuit that the ...Read more

Michael M. Santiago/Getty Images North America/TNS

Best stock rally since 2008 boosts Wall Street: Markets wrap

Business / Business News /

Donald Trump’s pledge to pause tariffs on some trading partners ignited the biggest burst of buying Wall Street has seen since 2008.

After narrowly avoiding a bear market, the S&P 500 staged a historic bounce from a selloff that wiped out trillions from global share prices amid the specter of a full-blown trade war that fueled fears of a U.S....Read more

Tomohiro Ohsumi/Getty Images North America/TNS

Coalition urges California attorney general to halt OpenAI's for-profit restructuring

Business / Business News /

A coalition of California nonprofits, foundations and labor groups are raising concerns about ChatGPT maker OpenAI, urging the state attorney general to halt the artificial intelligence startup's plans to restructure itself as a for-profit company.

More than 50 organizations, led by LatinoProsperity and the San Francisco Foundation, signed a ...Read more

Angela Weiss/AFP/GETTY IMAGES NORTH AMERICA/TNS

Stocks surge most since 2020 on Trump reprieve: Markets wrap

Business / Business News /

Stocks soared after President Donald Trump said he’d pause some tariffs on dozens of countries for 90 days, signaling a tentative reprieve in trade hostilities that has wiped out trillions from global markets and ignited fears of a U.S. recession.

The euphoric reaction lifted stocks after four sessions of volatile, high-volume trading pushed ...Read more