Money & Markets

Chevrolet goes after Jeep Grand Cherokee with the new Blazer

DETROIT— Because these days you can't have too many SUVs, General Motors is bringing back the Chevrolet Blazer. Only this time it's not a thirsty and boxy truck like its predecessor, one of the original SUVs that was sold from the 1982 through 2005 model years. SUVs based on car ...

Business owners find communication helps with young staffers

NEW YORK — Rory Carlton is getting used to hearing younger staffers ask, "Why are we doing this?" It's a question Carlton would never have asked his boss when he started working nearly 40 years ago. When he was given an assignment, he just completed it. But Carlton, like other business ...

Mobile carriers cut off flow of location data to brokers

Verizon, AT&T, Sprint and T-Mobile have pledged to stop providing information on U.S. phone owners' locations to data brokers, stepping back from a business practice that has drawn criticism for endangering privacy. The data has apparently allowed outside companies to pinpoint the ...

Trump threatens new tariffs on Chinese imports

WASHINGTON — President Donald Trump directed the U.S. Trade Representative to prepare new tariffs on $200 billion in Chinese imports on Monday as the two nations moved closer to a potential trade war. The tariffs, which Trump wants set at a 10 percent rate, would be the latest round of ...

Ford’s plans for Michigan Central station

DETROIT — Ford Motor Co. plans to release details of its planned conversion of the long-vacant Michigan Central train station just west of downtown Detroit. The Dearborn-based automaker recently bought the 105-year-old building and is expected to redevelop the 500,000-square-foot ...

Ford: Detroit train station key to autonomous vehicle plans

DETROIT — Bill Ford looks past the tons of paint, plaster and steel needed to remake Detroit's blighted Michigan Central train station and sees more than just an iconic building in desperate need of a makeover. The executive chairman of Ford Motor Co. and great-grandson of founder Henry ...

A trade war looms as Trump slaps tariffs on Chinese imports

WASHINGTON — President Donald Trump brought the world's two biggest economies to the brink of a trade war Friday by announcing a 25 percent tariff on up to $50 billion in Chinese imports to take effect July 6. Beijing quickly responded that it would retaliate with penalties of the same ...

Musk company to build Chicago-to-O’Hare express transport

CHICAGO — Entrepreneur Elon Musk said Thursday a high-speed transportation system that will whisk people between downtown Chicago and O'Hare International Airport at speeds of up to 150 mph could be operational in about three years. Musk joined Chicago Mayor Rahm Emanuel to formally announce ...

Comcast challenges Disney with $65B bid for Fox

NEW YORK — Comcast made a $65 billion bid Wednesday for Fox's entertainment businesses, setting up a battle with Disney to become the next mega-media company. The bid comes just a day after a federal judge cleared AT&T's takeover of Time Warner and rejected the government's argument ...

Comcast offer for Fox expected after favorable AT&T ruling

NEW YORK — Now that a federal judge has cleared AT&T's $85 billion takeover of Time Warner, other companies are likely to rush to consolidate. Tuesday's ruling signaled that federal regulators will have a hard time stopping companies from getting bigger by gobbling up rivals and the ...

Seattle poised to repeal new tax opposed by Amazon

SEATTLE — Seattle leaders said Monday that they plan to repeal a tax on large companies like Amazon and Starbucks as they face mounting pressure from businesses, an about-face just a month after unanimously approving the measure to help pay for efforts to combat a growing homelessness ...

White House takes up fight against ‘back-stabbing’ Trudeau

QUEBEC CITY — Bashing the leader of one of America's venerable allies, the White House escalated its trade tirade and leveled more withering and unprecedented criticism Sunday against Canada's prime minister, branding Justin Trudeau a back-stabber unworthy of President Donald Trump's ...

Disneyland Paris enters Marvel universe

CHESSY, France — Helicopters, concept cars and SWAT teams shrouded in smoke heralded the launch of the first Avengers-themed season at Disneyland Paris following the announcement of plans for a $2.5 billion park expansion that will feature Marvel superheroes. Movie and sports stars, ...

GOP risks fallout from Justice Department move on health law

WASHINGTON — The Trump administration's decision to stop defending in court the Obama health law's popular protections for consumers with pre-existing conditions could prove risky for Republicans in the midterm elections — and nudge premiums even higher. The Justice Department said in a ...

Honolulu leaders approve 1st ride-hailing price cap

HONOLULU — Honolulu leaders approved a measure Wednesday to limit prices that ride-hailing services like Uber and Lyft can charge during peak demand, a cap that the companies say would be the first restriction of its kind in the United States. The measure would prevent "surge pricing" if ...

Facebook says privacy-setting bug affected as many as 14M

the associated press NEW YORK — Facebook said a software bug led some users to post publicly by default regardless of their previous settings. The bug affected as many as 14 million users over several days in May. The problem, which Facebook said it has fixed, is the latest privacy ...

Trump seeks separate talks with Canada and Mexico over NAFTA

WASHINGTON — President Donald Trump couldn't get what he wanted from months of three-way trade talks with Canada and Mexico. So now his administration wants to pursue separate negotiations with the two U.S. neighbors to try to overhaul the 24-year-old North American Free Trade Agreement, ...

Apple dangling more goodies, while adding tech diet options

SAN JOSE — Apple will offer more ways for people to limit the time they spend on iPhones while introducing features designed to make its products even more indispensable. The paradox emerged Monday as Apple executives previewed new versions of free software due out this fall. The ...

China warns US trade deals are off if tariffs go ahead

BEIJING — China said Sunday it wouldn't step up its purchases of American products if President Donald Trump goes ahead with his threat to tax billions of dollars' worth of Chinese imports. White House advisers insisted on fundamental changes in ties between the world's two biggest economic ...

Trump orders ‘immediate steps’ to boost coal, nuclear plants

WASHINGTON — President Donald Trump on Friday directed Energy Secretary Rick Perry to take "immediate steps" to bolster struggling coal-fired and nuclear power plants to keep them open, calling it a matter of national and economic security. Trump, who has frequently promised to bring back ...