Business

/

ArcaMax

Stuck with a Synergy gift card? Don't count on getting that money back

Business / Business News /

After Synergy World, a San Diego gift and loyalty card company, announced it was shutting down and planning to file for Chapter 7 bankruptcy protection, the company told its customers they can no longer use Synergy’s gift cards.

Until a bankruptcy court filing, little will be known publicly about Synergy’s finances or the state of its gift ...Read more

Ken Lambert/The Seattle Times/TNS

Eddie Bauer to close its Seattle headquarters, lay off 60 workers

Business / Business News /

SEATTLE — Eddie Bauer's store operator plans to permanently shutter its headquarters in Seattle and lay off 60 workers in the process, according to a state filing.

The Seattle-based outdoor apparel brand's Sodo office at 2200 First Avenue South will close, and all 60 employees who work there will lose their jobs between April and June, per a ...Read more

Myung J. Chun/Los Angeles Times/TNS

Trial starts in LA lawsuit alleging Instagram and YouTube knew apps harmed kids

Business / Business News /

A landmark civil trial that will ask jurors to decide whether social media companies can be held liable for pushing a product that they allegedly knew was harmful to children began Monday in Los Angeles County Superior Court, with attorneys sparring for more than four hours in combative opening arguments.

The closely watched test case could ...Read more

TYGER WILLIAMS/The Philadelphia Inquirer/TNS

For Gopuff, Super Monday is the national holiday

Business / Business News /

Sunday’s Super Bowl LX, featuring some 66 ads costing corporate brands an average $8 million for half a minute, shone a light on America’s snacking trends, tracked closely by Gopuff, the Philadelphia-based national delivery service.

The game between the Seattle Seahawks and the New England Patriots, also featuring Bad Bunny’s Spanish-...Read more

Joe Raedle/Getty Images North America/TNS

Target cuts 500 roles across supply-chain, store-support teams

Business / Business News /

Target Corp. is cutting about 500 roles to simplify operations, a move it says will improve the customer experience in stores.

The company is aiming to “streamline our field structure and better empower our store directors to meet guests’ needs,” Chief Stores Officer Adrienne Costanzo and Chief Supply Chain and Logistics Officer Gretchen...Read more

John T. Greilick/The Detroit News/TNS

Fain offers vision for UAW growth in South amid coming political season

Business / Business News /

WASHINGTON — United Auto Workers President Shawn Fain, fresh off negotiating a tentative contract at a Volkswagen AG plant in Tennessee, presented a bold goal Monday of adding 25,000 new members employed by foreign automakers in the U.S. South within the next two years.

The labor leader, addressing the UAW's national political conference in ...Read more

Joe Raedle/Getty Images North America/TNS

Former Gov. Chris Christie joins fight against prediction markets; Coinbase sues Nevada regulators

Business / Business News /

One of the key figures behind the national spread of sports betting in the United States has taken up the fight against prediction markets as a form of wagering.

Former New Jersey Gov. Chris Christie serves as an adviser to the American Gaming Association on prediction markets, the entities that sell event contracts to investors on current ...Read more

Josh Boland/Chicago Tribune/TNS

Chicago Auto Show returns with plenty of EVs and a resurgence of gas-powered muscle

Business / Business News /

In recent years, the Chicago Auto Show has been steering toward electric vehicles, following the ambitious state and national agenda to convert the industry from combustion engines to cleaner technology, incentivized by governmental tax credits and rebates.

While EVs are still center stage at the 2026 auto show, which opens today at McCormick ...Read more

Kimberly White/Getty Images North America/TNS

Records show deeper ties between Epstein, ex-Microsoft exec Myhrvold

Business / Business News /

Previously undisclosed correspondence between Jeffrey Epstein and former Microsoft executive Nathan Myhrvold released by the Justice Department last month point to a longtime connection between the two men.

Epstein, the financier and accused sex trafficker, and Myhrvold frequently exchanged emails and regularly met, both in Seattle and New York...Read more

Mandel Ngan/AFP/GETTY IMAGES NORTH AMERICA/TNS

UAW: Ford worker who heckled Trump kept job, 'no discipline' on record

Business / Business News /

WASHINGTON — The Ford Motor Co. employee who heckled President Donald Trump during a January visit to the company's Dearborn Truck Plant still has his job and "has no discipline on his record," a union official confirmed Monday.

"TJ, we got your back," United Auto Workers Vice President Laura Dickerson said during a Washington, D.C., speech ...Read more

Robin Buckson/The Detroit News/TNS

Stellantis sells stake in Windsor battery plant to Koreans for $100

Business / Business News /

Stellantis NV on Friday sold its 49% stake in a Canadian battery plant for $100 after the automaker behind brands including Jeep and Dodge announced $26.5 billion in electric vehicle-related losses amid a major pivot back to gas-powered vehicles.

South Korean battery maker LG Energy Solution now fully owns the Windsor, Ontario, battery plant ...Read more

Luke Ramseth / The Detroit News/The Detroit News/TNS

Car dealers worry prices are getting out of hand as the economy wavers

Business / Business News /

LAS VEGAS — America's car dealers are coming to a stark realization: The new vehicles on their lots too often cost too much, and that could create trouble for their businesses in 2026.

As the economy enters a moment of uncertainty, attendees of the annual National Automobile Dealers Association convention in Las Vegas last week kept ...Read more

Bizuayehu Tesfaye/Las Vegas Review-Journal/TNS

'Full-scale migration of wealth': Rich California and Washington residents flocking to Las Vegas

Business / Business News /

Wealthy individuals from California and Washington are flocking to the Las Vegas Valley to escape tax policies and politics from their home states, according to several area real estate agents.

It a “full-scale migration of wealth,” said Virtue Real Estate co-owner, broker and CEO Darin Marques, who just opened a brokerage in Henderson.

He...Read more

Ronaldo Bolanos/Los Angeles Times/TNS

California introduces a new ticketing bill with a price cap

Business / Business News /

California's ticketing industry could be undergoing some major changes.

On Thursday, state Assemblymember Matt Haney, D-San Francisco, introduced a new bill, the California Fans First Act, that would impose price caps on tickets sold in the resale market, limiting prices to no more than 10% above the ticket's face value.

By making it illegal ...Read more

Mike Siegel/The Seattle Times/TNS

Boeing moves more 787 work from WA

Business / Business News /

Boeing will move engineering work for the 787 Dreamliner from the Puget Sound region to South Carolina, marking another move away from Washington five years after it shifted all final assembly for the 787 from Everett, Washington, to North Charleston.

Boeing told employees last week the “remaining 787 engineering work” would move from its ...Read more

Dreamstime/Dreamstime/TNS

Econometer: Is a weaker US dollar a good thing?

Business / Business News /

The U.S. dollar’s value has fallen 8% over the past year, as the price of gold has skyrocketed, said the WSJ Dollar Index. Some think it is a good thing.

President Donald Trump said recently a weaker dollar is “great.” The idea is a weaker currency boosts exports and employment while a strong currency can throttle an economy.

While the ...Read more

Imago/Imago via ZUMA Press/TNS

Tesla is no longer No. 1: This is how a Chinese competitor surged past the EV pioneer

Business / Business News /

Tesla, the 23-year-old company that brought green cars into the mainstream, has been pushed off its perch as the world's top electric vehicle seller.

Chinese EV manufacturer BYD sold hundreds of thousands more cars last year, and it's not just in China.

In most of the countries where the Chinese titan went head-to-head with Tesla — including...Read more

Brian van der Brug/Los Angeles Times/TNS

Kaiser workers launch war against AI, protesting potential job losses and patient harm

Business / Business News /

Workers of one of the most powerful unions in California are forming an early front in the battle against artificial intelligence, warning it could take jobs and harm people's health.

As part of their ongoing negotiations with their employer, Kaiser Permanente workers have been pushing back against the giant healthcare provider's use of AI. ...Read more

Anne Cusack/Los Angeles Times/TNS

As post-production work moves out of California, workers push for a state incentive

Business / Business News /

As film and television post-production work has increasingly left California, workers are pushing for a new standalone tax credit focused on their industry.

That effort got a major boost Wednesday night when a representative for Assemblymember Nick Schultz, D-Burbank, said the lawmaker would take up the bill.

The news was greeted by cheers and...Read more

Marc Grasso/Boston Herald/TNS

Auto review: BMW iX solves the EV comfort problem

Business / Business News /

BMW’s iX model is a a luxury EV market that solves a key problem of the market segment: comfort.

The iX model’s $100K+ base price tag is par for the course in the luxury SUV market. But for that amount of money, consumers demands often surpass the quality that manufacturers deliver.

Most EV drivers mainly use their vehicles for day-trips ...Read more