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Capital One layoffs hitting former Discover headquarters in Illinois
When Capital One closed on its $35 billion acquisition of Discover Financial Services in May, it brought together two credit card giants — and thousands of employees — under one roof.
There may be a little more room at the former Discover headquarters in Chicago's northern suburbs these days, after the newly merged company laid off nearly ...Read more
Banana-selling robots pitch customers in test run in Chicago suburbs
From bananas to burgers, store aisles to sidewalks, an army of robots has descended upon Chicagoland with the singular mission to bring us food.
Robotic serving carts, once the stuff of foodie science fiction, are rolling among us in increasing numbers to deliver meals on wheels to customers — whether they are ready or not.
Take Servi, an ...Read more
These Toys R Us stores are making a comeback in California
Ahead of the holiday shopping rush, the once-dominant toy retailer Toys R Us is opening several new flagship and seasonal stores, including at least two in California.
Toys R Us plans to open eight flagship stores and 20 seasonal locations across the U.S. in the coming weeks. The company has been struggling to rebound since it filed for Chapter...Read more
New poll reveals growing economic worry in Michigan amid Trump's trade war
More than half of Michiganians think the state is on the right track, even as fears mount over an economic downturn that threatens to especially bruise the region's critical auto industry, according to a statewide new poll commissioned by the Detroit Regional Chamber.
The poll of 600 registered Michigan voters conducted from Sept. 10-14 ...Read more
Driverless Waymo taxis under investigation after failing to stop for a school bus
Around 2,000 Waymo vehicles are under investigation after reports of one of the self-driving taxis navigating around a school bus while children disembarked.
The National Highway Traffic Safety Administration opened a preliminary investigation Friday to examine the performance of Waymo's autonomous technology around stopped school buses and how...Read more
OpenAI takes on Google with AI-powered ChatGPT web browser
OpenAI unveiled its first artificial intelligence-powered web browser, putting the ChatGPT maker in competition on a new front with Alphabet Inc.’s Google.
The browser, called ChatGPT Atlas, is designed to be a more personalized web experience and also field tasks such as booking flights and editing documents on a user’s behalf. Each time a...Read more
Michael Hiltzik: The sudden financial collapse of this big auto parts firm points to the next market meltdown
You may not have heard of First Brands Group, but if you own any car other than one you've just driven off a new car lot, you've probably been its customer.
That's because Cleveland-based First Brands is the maker of a raft of aftermarket auto parts — Trico windshield wipers, Fram air filters, AutoLite sparkplugs and Raybestos brake linings ...Read more
DACA changes could leave tens of thousands of Texans ineligible to work
An impending federal ruling is expected to strip Texas DACA recipients of their work authorizations, impacting tens of thousands of people in the state.
In 2021, U.S. District Court Judge Andrew Hanen of the Southern District of Texas ruled that DACA violated the Administrative Procedure Act, but his ruling did not end the program. It only ...Read more
Walmart pauses job offers to candidates needing H-1B visas
Walmart Inc. has paused offers to candidates requiring H-1B visas, people familiar with the matter said, the latest example of how the Trump administration’s $100,000 visa fees are disrupting workforces.
The current guideline primarily impacts Walmart’s corporate employees, said the people, who asked not to be identified discussing private ...Read more
As wildfires scorch California, should insurers divest from fossil fuels?
As catastrophic wildfires spur insurance companies to raise homeowner premiums and drop thousands of policyholders across California, the industry has blamed climate change for fueling the blazes.
Yet even as insurers sound the alarm about a warming planet, they continue to invest billions of dollars in the oil and gas sector, which scientists ...Read more
Warner Bros. Discovery officially hangs a 'for sale' sign around company
Warner Bros. Discovery has officially acknowledged the company is up for sale, marking the third time in the last decade the storied assets have been on the auction block.
The company's board announced Tuesday that it has initiated "a review of strategic alternatives ... in light of unsolicited interest the Company has received from multiple ...Read more
GM outperforms Wall Street expectations in latest quarter despite tariffs, EV pullback
General Motors Co. brought in $3.4 billion in net profits before taxes and close to $49 billion in total revenue over the last several months, beating Wall Street expectations.
Per share, that's earnings of $2.80. Analysts expected revenue of about $44 billion and earnings of $2.26 per share between July and October, according to consensus ...Read more
Beth Kowitt: Marc Benioff has torched his do-good CEO image
Marc Benioff, the chief executive officer and co-founder of Salesforce Inc., has spent north of $1 billion and decades trying to convince the public that he is the good kind of tech titan and that his enterprise software firm is the good kind of tech company.
So Benioff’s media blowup last week wasn’t just a little PR oopsie. It was a full-...Read more
Black workers bear the brunt of a stagnant US job market
As the U.S. labor market falters, Black people are shouldering the burden more than any other American demographic.
The Black unemployment rate is rising nationwide, and in Minnesota it has more than doubled from last year’s low.
Hundreds of thousands of Black women have lost or left jobs, making headlines as government layoffs and a retreat...Read more
YouTube steps up its shopping game with help from influencers
LOS ANGELES — Inside a historic aircraft hangar in Playa Vista, crowds of people gathered on Thursday to browse the latest fashions from handbags to clothing and shoes as they prepared for the holiday shopping season.
These weren’t shoppers or retailer buyers searching for the latest products. Instead, they were YouTube video creators who ...Read more
Amazon says all cloud services restored after 15-hour outage
Amazon Web Services, the world’s largest cloud provider, resolved the issues that plagued its services for about 15 hours on Monday, an episode that highlighted how much of the internet is dependent on the operations of a single company.
In an update on its service health dashboard, the Amazon.com Inc. unit said all of its services “...Read more
Trump's Argentina beef plan risks rancher ire, little relief
President Donald Trump vowed to boost beef imports from Argentina as the U.S. faces soaring meat prices. But any increases may offer little relief to consumers — and risk angering American ranchers.
Trump said on Sunday that buying more meat from Argentina would “bring our beef prices down” while also aiding the struggling South American ...Read more
Feds look to sell thousands of acres of land north of Las Vegas
The federal government is looking to sell thousands of acres of public land north of Las Vegas.
The Bureau of Land Management announced Thursday that it approved selling dozens of parcels totaling roughly 5,500 acres in Lincoln County, which borders Clark County.
It said the sales date will be announced later, along with the parcels’ ...Read more
Ticketmaster to ban multiple accounts, controversial resale software following FTC lawsuit
Following last month’s lawsuit from the Federal Trade Commission, Ticketmaster is pledging to change its policies.
The FTC is suing Ticketmaster and its parent company, Live Nation Entertainment, for allegedly engaging in illegal ticket vendor practices. In a letter to lawmakers dated Oct. 17, Live Nation executive vice president Daniel Wall ...Read more
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