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Stephanie Yang/Los Angeles Times/TNS

'It's hard to stop': Why auto execs fear distraction from tariffs as China pulls ahead

Business / Business News /

When Stellantis NV Chairman John Elkann this week explained his concerns with costly U.S. tariffs, he made sure to draw a comparison with growing automotive powerhouse China.

Both the American and European auto sectors are struggling to navigate "extreme" policy and regulatory pressures — including the new import tariffs — as China's ...Read more

Ford/Ford/TNS

Tariffs prompt Ford to adjust shipments to China

Business / Business News /

Ford Motor Co. has adjusted shipments to China from the United States as a result of retaliatory tariffs, the Dearborn automaker confirmed.

Citing anonymous sources, The Wall Street Journal first reported the Blue Oval this week halted shipments completely of F-150 Raptor pickups, Mustang muscle cars and Bronco SUVs built in Michigan, as well ...Read more

Mark Gomez/Dreamstime/TNS

CFPB's latest layoffs halted in setback to shutdown effort

Business / Business News /

The Consumer Financial Protection Bureau may not proceed with agencywide job cuts, while a D.C. federal court weighs whether the terminations would violate a preliminary injunction blocking the agency from shutting down.

Judge Amy Berman Jackson of the US District Court for the District of Columbia said from the bench Friday that a written ...Read more

Juliana Yamada/Los Angeles Times/TNS

People are melting their old jewelry for cash as gold prices soar

Business / Business News /

With gold prices at record highs, jewelry collectors are in meltdown mode.

For weeks, they've been scouring their homes and cracking open their safes to retrieve vintage necklaces, family heirlooms and other expensive pieces containing the precious metal that can be melted for cash.

"It happens with every gold spike," said Jeff Clark, a market...Read more

L.E. Baskow/Las Vegas Review-Journal/TNS

Want your own personal satellite? Here's how and what it'll cost

Business / Business News /

The Las Vegas-based company that would operate the future Las Vegas Spaceport west of the city is offering wealthy customers a chance to own their own military-grade personal satellite.

United Spaceports Corp., the corporate entity that owns the Las Vegas Spaceport, has begun sales of the Black Star 1000 advanced military private satellite for ...Read more

Alejandro A Alvarez/The Philadelphia Inquirer/TNS

Every single Peep -- America's most beloved Easter candy -- comes from one place: Bethlehem, Pa.

Business / Business News /

There is no gift shop, no factory tour, no visitors’ center at Just Born Quality Confections. That doesn’t stop fans from coming anyway. They tap on the tinted doors to see if there’s any chance of catching a glimpse of the 102-year-old company’s most beloved product.

They’re there to peep the Peeps.

Just Born makes 2 billion Peeps ...Read more

Ford/TNS/TNS

Auto review: Taking on all seasons in the Ford Bronco Sport

Business / Business News /

ANZA-BORREGO DESERT, California — With all-terrain tires, all-wheel drive, seven driving modes and wireless navigation, the Ford Bronco Sport is a packhorse built for all seasons.

In southern California, those seasons can happen in one day.

The Bronco Sport — aka, Son of Bronco, Bronco Jr., Bronco Lite — is the entry-level sibling in ...Read more

Marc Grasso/Boston Herald/TNS

Auto review: 2025 Ford Mustang brings convertible fun for everyone

Business / Business News /

Ford Motor Co. seems to have gone down a rabbit hole in recent years with EVs, spending tons of money and time on production and innovation. While the company's trusty old nameplates continue to be profitable and modern, Ford has left the Mustang untouched, and for good reason. In Grasso’s Garage today, we review the 2025 Intense Lime Yellow ...Read more

Allen J. Schaben/Los Angeles Times/TNS

Econometer: Was a trade war with China necessary?

Business / Business News /

The trade war with China has spooked investors but also has its supporters among business leaders who feel ripped off by the world’s second-largest economy.

Business leaders for years have decried intellectual property theft, unequal treatment of U.S. companies and cyberattacks. “Shark Tank” star and investor Kevin O’Leary said he would...Read more

Bernhard Filser/Mini Cooper/TNS

Auto review: 2025 Mini Cooper Convertible: a droptop for the rest of us

Business / Business News /

World events can bring about the creation of great products. Consider the 1956 Suez Oil Crisis, when Egypt nationalized the British- and French-owned Suez Canal Company.

With Europe's oil supply threatened, the British Motor Company created a car that was even more fuel efficient than its popular Morris Minor. The work of Minor's designer Alec...Read more

Justin Sullivan/Getty Images North America/TNS

Congressmen sound alarm over data privacy following 23andMe bankruptcy

Business / Business News /

Three congressmen from the House Committee on Energy and Commerce are raising concerns over data privacy weeks after the genetic testing company 23andMe filed for bankruptcy, putting millions of customers' personal information up for sale.

The Republican representatives — Brett Guthrie from Kentucky, Gus Bilirakis from Florida and Gary Palmer...Read more

Josh Edelson/AFP/Getty Images North America/TNS

'The anti-trust tides have turned.' What a judge's ruling over Google's 'monopoly' on ad-tech means

Business / Business News /

In another major legal blow to Google, a federal judge on Thursday ruled that the search giant held an illegal monopoly over some advertising technology, a ruling that could reshape the online advertising business.

Judge Leonie Brinkema of the U.S. District Court for the Eastern District of Virginia said in a decision that Google illegally ...Read more

Netflix/Netflix/TNS

Netflix posts strong earnings despite economic headwinds

Business / Business News /

Rising economic uncertainty amid a global trade war did little to dampen Netflix’s financial results in the first quarter.

The Los Gatos-based streaming giant said its first quarter revenue grew 13% to $10.5 billion, fueled by membership growth and higher prices.

Net income jumped 24% to $2.89 billion in the quarter, well ahead of the $2.48 ...Read more

U.S. Federal Reserve/U.S. Federal Reserve/TNS

Chicago economist Anna Paulson will take over Philly Fed as Trump pressures central bank to cut the price of money

Business / Business News /

Anna Paulson, a career economist at the Federal Reserve's Chicago bank, will take over as president of the Federal Reserve Bank of Philadelphia, the bank said Thursday morning.

An insurance scholar, Paulson, 60, cowrote a 2017 paper on the declining number of Americans from all levels of society who buy life insurance. She has also studied how ...Read more

Victoria's Secret ignored sexual harassment, Philly ex-employee alleges

Business / Business News /

A former Victoria’s Secret employee said she was sexually harassed by the lingerie department manager at a Philadelphia store, according to a lawsuit. And when she reported her experience, she alleges, she was retaliated against during her shifts and ignored by company higher-ups.

The claims were laid out in a lawsuit that was filed last ...Read more

Brendan Smialowski/AFP/Getty Images North America/TNS

Boeing sets new values after 'brutal' employee feedback

Business / Business News /

Boeing employees don’t trust senior leadership and don’t feel their contributions are recognized or valued, according to the results of an internal survey that CEO Kelly Ortberg shared at staff meetings this week.

The company is seeing improvement in its production process, Ortberg said, something that it has been striving for since a ...Read more

Joe Burbank/Orlando Sentinel/TNS

Disney's parks are its economic engine. Tariffs could put a damper on it

Business / Business News /

As trade tensions and tariff-fueled fears of a recession roil the economy, stock analysts warn that Walt Disney Co.'s theme parks could take a hit.

Typically, amusement park attendance in the U.S. is tied to the health of the American economy. When people feel better about their financial situation, they're more likely to spend on discretionary...Read more

Handout/Getty Images North America/TNS

Michael Hiltzik: Trump fired a tariff torpedo at China -- and hit Boeing right between the eyes

Business / Business News /

We keep hearing about all the goods that will become more expensive for Americans thanks to Donald Trump's tariff policy, such as it is: clothing, shoes, cars, food, especially anything imported from China.

But the latest skirmish between Trump and China has painted a target on this nation's most important manufacturing exporter: Boeing Co.

On...Read more

Josh Edelson/AFP/Getty Images North America/TNS

Google held a monopoly in online ad tech, US judge finds

Business / Business News /

In another major legal blow to Google, a federal judge on Thursday ruled that the search giant held an illegal monopoly over some advertising technology.

Judge Leonie Brinkema of the U.S. District Court for the Eastern District of Virginia said in a ruling that Google illegally maintained and acquired a monopoly in two markets for advertising ...Read more

Kamil Krzaczynski/AFP/GETTY IMAGES NORTH AMERICA/TNS

Trump berates Fed's Powell, urges 'termination' for slowness

Business / Business News /

President Donald Trump said Federal Reserve Chair Jerome Powell’s termination from his position can’t come quickly enough, arguing that the US central bank should have lowered interest rates already this year, and in any case should do so now.

Trump, derisively nicknaming the Fed chairman he nominated in his first term as “Too Late,” ...Read more