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Shareholders question Disney about decision to suspend Jimmy Kimmel

Business / Business News /

A group of Walt Disney Co. shareholders is demanding the company release information related to the suspension of late-night host Jimmy Kimmel, according to a recent letter.

The letter, dated Wednesday and sent by the American Federation of Teachers union and press freedom group Reporters Without Borders, said the groups want transparency into ...Read more

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Spotify says it removed millions of 'spammy' AI-generated music tracks

Business / Business News /

Spotify has removed more than 75 million AI-generated "spammy" music tracks from its platform over the past 12 months, the company said Thursday, stepping up its crackdown on unauthorized AI-generated use of artists' voices.

The Swedish audio company said it would improve its enforcement of impersonation violations, launch a new spam filtering ...Read more

Arvin Temkar/The Atlanta Journal-Constitution/TNS

DEI programs cost Atlanta airport tens of millions in federal grants

Business / Business News /

Hartsfield-Jackson Atlanta International Airport was due to receive just over $57 million in Federal Aviation Administration grant dollars before the end of the fiscal year this month.

The money was for restroom rehabilitation, taxiway pavement replacement, grants related to sustainability and lowering emissions, and other projects.

But after ...Read more

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Pokémon protests Department of Homeland Security 'Gotta Catch 'Em All' post

Business / Business News /

The company behind the wildly popular Pokémon franchise says it doesn't want its characters used for propaganda.

The Department of Homeland Security uploaded a Pokémon-themed montage of various ICE raids to social media earlier this week.

The connection to the beloved franchise was clear, as the recognizable theme song played, the original ...Read more

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Starbucks store closures get shrug with investors wanting more

Business / Business News /

Starbucks Corp. Chief Executive Officer Brian Niccol has spent a lot of his first year making cosmetic changes — including bringing back ceramic mugs — in a bid to revive the world’s largest coffee chain.

But now Niccol is onto the meatier part of right-sizing the company. On Thursday, Starbucks said it will close 1% of its stores in the ...Read more

PATRICK T. FALLON/AFP/Getty Images North America/TNS

Amazon, FTC reach $2.5 billion deal in Prime subscription case

Business / Business News /

Amazon.com Inc. agreed to pay $2.5 billion in penalties and refunds and change its process for how to cancel its Prime subscription to settle a lawsuit by the U.S. Federal Trade Commission.

The company will pay $1 billion in civil penalties and will refund $1.5 billion to customers to resolve allegations that it misled millions of customers ...Read more

Myung J. Chun/Los Angeles Times/TNS

The LA fires destroyed 11,000 homes. Less than 10% have permits to rebuild

Business / Business News /

Of the thousands of residents needing to rebuild after this year’s California wildfires, Andy Weyman would seem especially well positioned. The TV and stage director had remodeled his Malibu home just five years earlier and had city-approved blueprints in hand, with the same architect set to oversee reconstruction.

Yet eight months after the...Read more

Real estate Q&A: Who pays for condo repairs after second leak from association's AC unit?

Business / Business News /

Q: I live in a condo on the top floor. About a year ago, there was a leak caused by the condo association’s AC unit, which damaged my wall. The association claimed that they had repaired the unit and roof, but stated that repairs — to my interior were my responsibility. Recently, the same leak happened in the same spot, caused by the same AC...Read more

Chase Stevens/Las Vegas Review-Journal/TNS

Las Vegas high roller gaming salons could see some changes

Business / Business News /

Nevada’s high-end gaming salons could get more exposure and more players if the Nevada Gaming Commission approves amendments to a regulation to be considered Thursday.

Gaming salons are special rooms in which high rollers and celebrities can gamble out of public view.

Most high-end casinos have them and offer play in them to big spenders, ...Read more

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US sets stage for tariffs on robotics, medical devices

Business / Business News /

The Trump administration launched investigations into imports of robotics, industrial machinery and medical devices, setting the stage for fresh duties as President Donald Trump moves to expand his tariff regime.

The Department of Commerce is conducting the probes under Section 232 of the Trade Expansion Act, according to Federal Register ...Read more

Tom Gralish/The Philadelphia Inquirer/TNS

Many of Philadelphia's office buildings are plummeting in value -- and it's costing the city millions

Business / Business News /

If you’re in the market for an office building in Philadelphia, now’s the time to buy.

Several Center City office buildings have sold in recent months for well under half their previous prices and assessed values, attracting residential developers and out-of-market investors.

The 29-story, 665,000-square-foot tower at 2000 Market St. last ...Read more

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US plans to use emergency powers to stop more coal closures

Business / Business News /

The Trump administration plans to continue using emergency authority to stop coal-fired power plants from retiring, according to people familiar with the matter.

The Energy Department has already issued emergency orders to halt the retirement of two fossil fuel-fired plants, and plans to use the same process to keep others operating, said the ...Read more

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Bessent halts Argentina crisis as US lifeline upends short bets

Business / Business News /

Speculators seeking to profit from the selloffs racing through Argentina’s markets were stopped dead in their tracks by a powerful investor willing to take the opposite side of the trade: The U.S. government.

The strong show of support for President Javier Milei from U.S. Treasury Secretary Scott Bessent — first by pledging to use “all ...Read more

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Intel is seeking an investment from Apple as part of its comeback bid

Business / Business News /

Intel Corp. has approached Apple Inc. about securing an investment in the ailing chipmaker, according to people familiar with the matter, part of efforts to bolster a business that’s now partially owned by the US government.

Apple and Intel also have discussed how to work more closely together, said the people, who asked not to be identified ...Read more

Daniel Mears, The Detroit News/The Detroit News/TNS

Jeep cancels plan for plug-in hybrid Gladiator pickup

Business / Business News /

Jeep has canceled plans to build a plug-in hybrid version of its Gladiator midsize truck, a move that comes shortly after parent Stellantis NV also halted plans for an all-electric Ram pickup.

"As customers’ propulsion preferences for battery-electric trucks continue to evolve, Stellantis is reassessing its product strategy and will no longer...Read more

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Disney to raise prices on streaming services amid Kimmel pushback

Business / Business News /

Disney announced on Tuesday it will raise the subscription prices for its streaming services, amid widespread calls for a boycott following Jimmy Kimmel’s abrupt suspension from Disney-owned ABC.

The increase is set to go into effect for new subscribers beginning Oct. 21. Current subscribers will see the change to their first bill on or after...Read more

Jacqueline Charles/Miami Herald/TNS

ICE arrests Haitian businessman in Miami, while administration cancels visas in Haiti

Business / Business News /

U.S immigration agents have arrested another prominent Haitian businessman, the latest member of Haiti’s private sector to either be detained on U.S. soil or have their entry to the United States denied.

Dimitri Vorbe, a former independent power provider in Haiti who ran afoul of slain President Jovenel Moïse when the leader targeted the ...Read more

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US cuts tariffs on EU Cars to 15%, cementing trade terms

Business / Business News /

The U.S. lowered tariffs on auto imports from the European Union to 15% retroactive to Aug. 1, cementing terms of the framework trade agreement the two sides struck almost two months ago.

The Department of Commerce and Office of the U.S. Trade Representative published a document online on Wednesday detailing the changes, reducing duties on a ...Read more

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Did gambling operator Boyd Gaming pay ransom in cyberattack? Company won't say

Business / Business News /

LAS VEGAS — Boyd Gaming Corp. isn’t saying whether it paid a ransom to cybercriminals who broke into its internal information technology systems.

The company, which operates 11 local properties, including three in downtown Las Vegas, reported the cyberattack Tuesday in a filing with the Securities and Exchange Commission. It didn’t say ...Read more

Brian Cassella/The Chicago Tribune/TNS

'Scrappy' NewsNation celebrates 5 years as Chicago-based cable news network

Business / Business News /

Nexstar Media, the Dallas-based TV station owner at the center of the high-profile controversy over the preemption of Jimmy Kimmel’s late-night ABC show, may finally be realizing the potential of NewsNation, its five-year-old cable news network.

NewsNation’s coverage of slain conservative activist Charlie Kirk’s memorial service Sunday ...Read more