Business
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Personal security benefits for CEOs increase after killing of UnitedHealth executive
The murder of UnitedHealthcare Chief Executive Brian Thompson has prompted companies nationwide to increase personal security benefits for their CEOs.
ISS Services, an advisory company, does an annual analysis of public firm proxies.
This year shows that CEO pay as a whole across U.S. public companies increased 11% to record levels.
That’s ...Read more
Rivian to reportedly lay off more than 600 workers
Electric vehicle maker Rivian, which plans a corporate hub and a $5 billion EV factory in Georgia, reportedly plans to lay off more than 600 workers as it looks to trim costs.
The Wall Street Journal reported Rivian plans to cut about 4% of its total workforce, which at the end of last year was nearly 15,000 people. The company is looking to ...Read more
US mortgage rates drop to lowest level in more than a year
Mortgage rates fell to the lowest level in more than a year, easing affordability concerns for homebuyers.
The average for 30-year, fixed loans was 6.19%, down from 6.27% last week and the lowest since early October 2024, data from Freddie Mac show.
Falling rates have given house hunters more buying power, but demand has been constrained by ...Read more
Real estate Q&A: Do I have to pay for damage neighbor says is caused by palm tree root?
Q: I live in a senior community HOA. My neighbor says the roots of my royal palm are lifting her pavers around her pool. The tree, planted by the developer on my property four years ago, is 10 feet from the property line. Since the tree was already mature, I find it unlikely its roots grew fast enough to cause the damage. The neighbor wants me ...Read more
Boeing makes new offer to striking St. Louis workers. Union won't vote on it
ST. LOUIS — The Boeing Co. extended a new contract offer to its striking St. Louis machinists on Wednesday. But the union leaders representing the workers swiftly rejected the new plan.
The revised offer from Boeing came on Day 80 of the strike at the company’s St. Louis defense manufacturing facilities, following two days of involvement by...Read more
Musk hijacks Tesla earnings call to vouch for $1 trillion pay plan
Elon Musk, the world’s richest person, spent the end of Tesla Inc.’s earnings call pleading with investors to approve his $1 trillion pay package and blasting the shareholder advisory firms that have come out against the proposal.
“There needs to be enough voting control to give a strong influence, but not not so much that I can’t be ...Read more
Massive Pennsylvania data center spurs call to protect consumers from getting hit with power grid costs
An independent monitor has asked federal officials to ensure consumers don’t get stuck with the bill if the electric grid can’t handle power needs of a massive data center planned for Bucks County, Pennsylvania.
The monitor, Joseph Bowring, filed comments with the Federal Energy Regulatory Commission (FERC) last week, asking that a Sept. 23...Read more
Minnesota clashes with North Dakota over power lines
North Dakota, Montana and three Southern states want to block a $22 billion plan for power lines across the Midwest that Minnesota says it needs to transition to carbon-free energy.
The states argue that the federal government should stop the grid upgrade because otherwise their customers will be paying higher rates to subsidize clean energy ...Read more
How the federal government came to control the majority of land in Nevada
The federal government controlling the vast majority of land in Nevada dates all the way back to the 1800s when the territory was first admitted to the United States, according to a former longtime employee.
When Nevada became a state in October 1864, state representatives and stakeholders were only eyeing the northern part of Nevada due to its...Read more
H-1B visa: Many foreign workers, and students, exempted from $100,000 fee
Foreign citizens already in the U.S., including students, will be exempted from the Trump administration’s controversial new $100,000 fee for the H-1B visa, federal authorities said this week.
The fee was imposed via a proclamation from President Donald Trump and took effect Sept. 21, with certain details initially unclear.
This week, U.S. ...Read more
Amazon planning to replace 600K workers with robots: report
Amazon reportedly has a plan to replace more than half a million U.S. workers with “cobots,” and avoid hiring at least 160,000 human workers by 2027.
Despite hoping to double the number of products Amazon sells by 2033, executives are said to believe robotic automation could save them the trouble of hiring 600,000 people in the long run, ...Read more
Trump demands cattle ranchers lower prices, deepening feud
President Donald Trump attacked U.S. cattle ranchers over their criticism of his plan to slash record beef prices by importing significantly more tariff-free meat from Argentina, deepening a quarrel with a group of reliable supporters and raising concerns among ranch-state Republican lawmakers.
Trump on Wednesday said that cattlemen should be ...Read more
GM's high-tech pitch: Eyes-off self-driving cars, new battery chemistry
NEW YORK — General Motors Co. unveiled plans Wednesday to offer eyes-off autonomous driving in the battery-powered Cadillac Escalade IQ SUV beginning in 2028 as the Detroit automaker seeks to recast itself for the 21st century.
The announcement at a swanky, invite-only event in midtown Manhattan is part of a broader pitch that GM is a tech ...Read more
Carney plots 'talent attraction' plan as US upends H-1B
Canadian Prime Minister Mark Carney says his government’s upcoming budget will introduce an immigration plan that includes a talent attraction strategy.
Carney made the announcement in a speech Wednesday night, confirming an earlier report by Bloomberg News. The live prime-time address was unusual for a Canadian prime minister and aimed to ...Read more
Coca-Cola launches Trump-approved cane sugar soda in the US
Coca-Cola is rolling out a new version of its classic soda made with U.S. cane sugar. But where it’s being sold is still unclear.
The Atlanta beverage giant has introduced a new 12-ounce, single-serve glass bottle in select U.S. markets, “offering consumers a classic and timeless way to enjoy their Coca-Cola Original Taste made with U.S. ...Read more
Meta is cutting 600 jobs in its AI division
Meta is slashing roughly 600 jobs in its artificial intelligence unit as the tech giant aims to move faster to compete with its rivals.
The company declined to comment on the job cuts, but confirmed an earlier report by Axios, which cited a Wednesday memo that Meta Chief AI Officer Alexandr Wang sent to employees.
"By reducing the size of our ...Read more
California business leaders want voters to expedite state's environmental review process for housing, infrastructure
LOS ANGELES — California voters could soon be asked to usher in a major overhaul of the state's landmark environmental law, a proposal aimed at expediting crucial infrastructure projects, including housing construction, by creating new deadlines for environmental oversight.
The California Chamber of Commerce on Tuesday introduced a ballot ...Read more
Suzanne Somers' widower to release AI clone of late actress
Two years after Suzanne Somers died following a decades-long battle with breast cancer, her widower is preparing to publicly release of a clone of the beloved “Three’s Company” star.
Alan Hamel, who married the actress in 1977, revealed that he’s forging ahead with plans to create an artificial intelligence version of his late wife.
�...Read more
Family health insurance premiums hit another record: $26,993
The price tag of health insurance from employers keeps getting bigger across the U.S., and the increases this year are fueling concerns over medical spending across all health insurance markets.
The average annual premium for family health insurance rose about 6% this year to nearly $27,000, according to widely watched survey results released ...Read more
Pacific Northwest could face energy shortage during extreme conditions, report says
Does the Pacific Northwest have the energy it needs to prevent rolling blackouts? A new report commissioned by the region’s largest utilities has raised concerns.
Starting next year, the Northwest could face a power shortage that would challenge the reliability of the grid during extreme conditions, according to the report.
The report ...Read more
Popular Stories
- Amazon planning to replace 600K workers with robots: report
- Trump demands cattle ranchers lower prices, deepening feud
- Carney plots 'talent attraction' plan as US upends H-1B
- How the federal government came to control the majority of land in Nevada
- H-1B visa: Many foreign workers, and students, exempted from $100,000 fee










