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Explaining California's billionaire tax: The proposals, the backlash and the exodus
The battle over a new tax on California's billionaires is set to heat up in the coming months as citizens spar over whether the state should squeeze its ultra-rich to better serve its ordinary residents.
The proposed ...Read more
Echoing Trump, Newsom vows crackdown on corporate homebuying in California
In his final State of the State speech earlier this month, California Gov. Gavin Newsom took aim at a group that some say contribute to California's housing affordability crisis: corporate landlords.
Newsom vowed to take ...Read more
Andreessen Horowitz makes a $3 billion bet that there's no AI bubble
An artificial intelligence startup that helps developers write and debug code is now worth nearly as much as United Airlines. A two-month-old AI computer company raised a massive $475 million seed round, with plans to ...Read more
LA's defense industry is booming. Federal funding crunch could change that
When former Space X engineer Josh Giegel launched his North Hollywood tech company Gambit in 2023, he had a vision for the battlefield of the future, one with fewer soldiers and more AI-driven assets.
His software would ...Read more
After Dry January, alcohol producers suffer hangover
Amanda Lybeck, 37, is giving up alcohol for all 12 months of 2026. A year ago, the Maple Valley, Washington, resident completed Dry January — the trend of going sober for one month — for the first time as a way to ...Read more
Second Sphere venue in US proposed for Maryland
A new Sphere could rise at National Harbor, Maryland, under a proposal announced Sunday, a project officials say could become a new regional landmark and one of the largest economic development efforts in Prince George’s...Read more
Ford Pro looks to upfitter market for growth with Transit van updates
DEARBORN, Michigan — New features on the 2026 Ford Transit commercial van show how Ford Pro is betting on its upfitter partners for growth — and potentially securing a bit of that business, too.
After the Transit ...Read more
Americans bear almost all the cost of Trump tariffs, study shows
President Donald Trump’s duties on imported goods are paid almost entirely by American importers, their domestic customers and ultimately U.S. consumers, a study from a German think tank concluded.
“Foreign exporters ...Read more
Q&A: At the Dakar Rally, Ford's CEO talks Raptor, V-8s and hybrids
RIYADH, Saudi Arabia — Ford Racing helps the Dearborn-based automaker across the globe by growing brand profile, employee talent and tech learnings for production cars.
Its latest racing venture is the brutal 14-day ...Read more
GameStop shutters stores across California
GameStop is shutting down more stores in California.
The video game, toy and collectible retailer has been struggling to find a way to thrive in a market where most of what it sells is easaier to get online. It has been ...Read more
Google to appeal US court ruling of illegal monopoly in search
Alphabet Inc.’s Google is appealing a landmark antitrust decision that the company illegally monopolized online search and search advertising, an expected move that will likely delay the implementation of changes to the ...Read more
Emergency power auction to support AI boom pushed by Trump
The Trump administration and more than a dozen states are pushing for big tech companies to effectively fund construction of new power plants as a way to prevent data centers from driving up residential utility bills.
U.S...Read more
Trump trio making Michigan, Ohio auto stops as climate rollback looms
WASHINGTON — Three key cabinet officials are using visits to Michigan and Ohio to tout Trump administration policies they say are boosting the auto industry and U.S. manufacturing.
The officials are Transportation Sec. ...Read more
ICE subpoenas worker documents from Hennepin County's public hospital
The Department of Homeland Security issued a subpoena on Jan. 8 to inspect employee records from Hennepin Healthcare, two days after a public protest over the presence of federal immigration agents in its downtown ...Read more
Winners: Detroit News Readers' Choice Awards at the auto show
DETROIT — Detroit News readers have spoken, and it’s Motown brands in a landslide.
One hundred readers of The News descended on the Detroit Auto Show Floor on Wednesday to render their verdict in nine categories: ...Read more
Econometer: Should Congress bar big investors from buying single-family homes?
President Donald Trump said recently on social media he would ask Congress to stop large investors and private equity firms from buying single-family homes.
His plan did not have many details but echoed a common refrain ...Read more
Why is salad titan Sweetgreen wilting?
Sweetgreen's salad business isn't as fresh as it used to be.
Not long ago, the Los-Angeles-based company's fresh bowls of fancy salads were all the rage, and its shares soared on hopes that salad-slinging robots could ...Read more
Seattle small businesses in 'state of invisible crisis,' survey finds
Small brick-and-mortar businesses in the Seattle area say they're under more financial stress today than they were during the height of the COVID-19 pandemic, according to a new survey.
Squeezed between high operating ...Read more
4 in 5 small businesses had cyberscams last year and almost half of attacks were AI powered
One more reason things cost more today: cybercrime.
A survey by the Identity Theft Resource Center, a San Diego-based education and victim resource nonprofit, found that 38% of small businesses hit by a cyberscam or ...Read more
Auto review: The 2026 Mazda CX-30: So good, it couldn't have been designed any other way
When it comes to the current state of automotive evolution, we live in an era when SUVs reproduce like rabbits with financing. Into this overcrowded habitat steps the 2026 Mazda CX-30, showing up like a car that was raised...Read more
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