Baxter International has named a new president and CEO, about five months after its former leader abruptly retired.

Andrew Hider will serve as the new CEO of the Deerfield, Illinois-based healthcare company no later than Sept. 3, the company announced Monday morning. Hider, 48, is now CEO of ATS Corporation, which provides automation solutions ...Read more

Tesla shares fell close to 7% Monday after Elon Musk announced plans to form his own political party, sparking concerns he will become further distracted by politics despite a tumultuous stint in the Trump administration.

During a feud with President Trump over his spending bill, the Tesla chief executive wrote on his social media site, X, that...Read more

Target led the pack last year in the U.S. when it came to trademark applications.

With 525 applications to the United States Patent and Trademark Office (USPTO), subsidiary Target Brands Inc. was first on a list top-heavy with major retailers, entertainment stars, professional sports leagues and pharmaceutical companies.

Target’s busy ...Read more

Revenue from Target’s private labels, from Cat & Jack kidswear to Good & Gather food, has tripled in the past decade to more than $30 billion.

The enterprises bundled together would rank fifth among Minnesota’s public companies, ahead of U.S. Bancorp and 3M, and 144th on this year’s Fortune 500 list.

The strength for Target and other ...Read more

When President Donald Trump's 25% auto tariffs took effect in early April, industry watchers figured vehicle prices would steadily rise as carmakers peeled back discounts and increased MSRPs.

Three months later, that hasn't quite turned out to be the case.

Prices on many models have crept up. But the average marketed price industrywide is flat...Read more

Annuities are often associated with retirees looking for a steady income stream later in life. But does it make sense to lock in guaranteed income in your 40s, potentially decades before retirement?

On the surface, the idea of guaranteed income sounds appealing. But annuities are complicated financial products, and buying one too early can tie ...Read more

After a series of setbacks, Kroger's recent decision to close 60 locations nationwide is the latest sign of distress for the grocer that operates more than 300 stores in California.

Kroger, the parent company of Ralphs and Food 4 Less, is reducing its footprint after the resignation of its chief executive and a failed merger with competing ...Read more

Microsoft's layoff waves — the latest arrived Wednesday — are leading some employees to ask themselves two questions: Am I next? Will there be another job out there for me?

The Redmond-based tech giant laid off more than 6,000 employees in May, followed up by an additional 305 in early June. The company kicked off its fiscal year in early ...Read more

When my husband and I refinanced our mortgage in 2009, we felt confident we were making the right move. Since both of us had exceptional credit, we knew we could reduce our mortgage rate by one percentage point or more, as is considered de rigueur when refinancing. A no-brainer, right?

In retrospect, I wonder. We should have considered other ...Read more

Fear in the local undocumented community about getting swept up by immigration agents — a sentiment cited in the indefinite closure of Broadacres Market — is reverberating in the finances of independent family-owned establishments that cater to local Latinos, according to businesses that spoke to the Las Vegas Review-Journal last week.

...Read more

Q: ​I had a beautiful VW Scirocco that used oil at an increasing rate. Finally, a VW mechanic told me that the problem was probably the valve seals. He took out the seals and they looked like bacon bits. The new seals looked like big gray Cheerios. Oil consumption went from a quart every 300 miles to a quart in 2,500 miles. Later VW did a ...Read more

Headline numbers from the June jobs report took pressure off the Federal Reserve to consider an interest-rate cut later this month, likely leaving the central bank on hold at least until the fall.

U.S. employers added 147,000 jobs last month, exceeding estimates, while the unemployment rate ticked lower to 4.1%, according to the Bureau of Labor...Read more

Three weeks after an Air India Boeing 787 crashed into a medical hostel in the northwestern Indian city of Ahmedabad, killing 241 of the 242 people on board and likely more than a dozen on the ground, investigators are piecing together what went wrong.

Aviation regulators from India, the U.S. and the U.K., where the London-bound flight was ...Read more

With Microsoft's latest layoffs Wednesday, the quickening contraction of Seattle-area tech is starting to feel like previous industry meltdowns, when mounting job losses signaled deep disruptions in the regional economy.

Since May, Microsoft has announced around 15,000 layoffs, including 4,000 in Washington, as the Redmond-based company ...Read more

The Trump administration’s plan to scrap federal incentives for electric vehicles will be a major speed bump for battery-powered transportation in the U.S., but not a brick wall, according to forecasts.

On Thursday, Republicans in the U.S. House sent a bill to President Donald Trump’s desk that kills tax credits of up to $7,500 for EV ...Read more

For the past several years, pharmaceutical giant Pfizer has been under investigation by the U.S. Department of Justice for potential foreign corruption violations related to its activities in China and Mexico, according to the company’s financial filings.

But that appears to have changed after the Trump administration tapped Pam Bondi — ...Read more

As destructive wildfires have ravaged California over the past decade, the insurance industry has dropped hundreds of thousands of homeowners statewide, raised their premiums, and, in some cases, stopped writing new home policies anywhere in the state.

Few understand the crisis better than Dave Jones, the former California insurance ...Read more

Approximately 10,000 acres of prime land that could be developed are sitting vacant in Southern Nevada, according to a new study.

A total of 31,650 tax lots, encompassing 78,285 undeveloped or underutilized acres, with 10,000 of those acres considered prime for residential and commercial development potential are available in the region, ...Read more

A group of Clark County, Nevada, property owners has filed a federal lawsuit in U.S. District Court against the county and state challenging the government’s ability to enforce restrictions on providing short-term rentals to visitors to Southern Nevada.

The Greater Las Vegas Short-Term Rental Association and several of its individual members ...Read more