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Real estate Q&A: Do we owe annual property taxes on home we've owned for a few months?

Business / Business News /

Q: We purchased our first home late last year. We have been getting notices in the mail telling us that our real estate taxes were not paid. We called the tax collector and were informed that we owed property taxes for the entire year, even though we only lived there for a few months. Is this legit? — Harold

A: Understanding real estate taxes...Read more

Jennifer Buchanan/The Seattle Times/TNS

Boeing is nearly back on its feet -- just in time for Trump trade war hit

Business / Business News /

SEATTLE — Boeing will feel the impact of hefty tariffs imposed by President Donald Trump — particularly when it comes to deliveries to China — but the company's strong first quarter has set it up to continue its recovery, Boeing executives said Wednesday.

Boeing lost significantly less money in the first three months of this year than the...Read more

CRAIG KOHLRUSS/Fresno Bee/TNS

US initial jobless claims tick up, in line with forecasts

Business / Business News /

Applications for U.S. unemployment benefits picked up slightly, reflecting a stable labor market.

Initial claims increased by 6,000 to 222,000 in the week ended April 19, according to Labor Department data released Thursday. That was in line with the median forecast in a Bloomberg survey of economists and close to the 12-month average.

Filings...Read more

Amy Sussman/Getty Images North America/TNS

California economy now the world's fourth-largest, overtaking Japan

Business / Business News /

If California were its own country, its economy would now rank as the fourth-largest of any nation in the globe, Gov. Gavin Newsom said this week.

Newsom announced the state's new economic ranking Wednesday after recently released data from the International Monetary Fund and the U.S. Bureau of Economic Analysis indicated that California's ...Read more

Alejandro A. Alvarez/The Philadelphia Inquirer/TNS

Philadelphia Shipyard owner Hanwha says it needs more space and workers to build US Navy vessels

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The U.S. government wants to build more military and cargo ships to better compete with China, and Hanwha Philly Shipyard is ready for a larger role in building those ships, Daniel O’Brien, head of Hanwha’s Washington, D.C., lobbying arm, said Wednesday on a tour of the facility his company bought for $100 million last year.

But first, the ...Read more

Cover Images/Cover Images via ZUMA Press/TNS

Michael Hiltzik: This genetics firm didn't resurrect the extinct dire wolf, but did achieve a breakthrough in hype

Business / Business News /

Anyone weary of the fire hose of dire news from the White House might have found respite in an uplifting story emanating from Colossal Biosciences, a Dallas-based genetics startup, early this month: Colossal reported that it had successfully resurrected the dire wolf from its 12,000-year-long extinction.

The feat was "the world's first de-...Read more

David Maialetti/The Philadelphia Inquirer/TNS

How a no-buy or low-buy lifestyle can help you save money and be a more intentional consumer

Business / Business News /

PHILADELPHIA — Bonnie Arbittier keeps a list on her phone of every jacket, bag and article of clothing she’s resisted buying so far this year.

More than three months into 2025, the list has held Arbittier accountable to her New Year’s resolution: No clothing purchases. Not even from thrift stores. Not even for special occasions.

When she...Read more

Katy Kildee/The Detroit News/TNS

As Tesla falters, these new EVs are picking up the pace

Business / Business News /

When Artie R. Williams decided it was time to kick his gas habit, he narrowed his search to three options: the Cadillac Optiq, a Porsche Macan EV and the Polestar 3. — none of which has been on the market for more than a few months.

Tesla wasn’t on the table.

“Nothing against Elon (Musk), but those vehicles have been out for so long,�...Read more

Aaron Lavinsky/Minnesota Star Tribune/TNS

From tariffs to Target, ex-Medtronic CEO Bill George's advice amid uncertainty

Business / Business News /

Former Medtronic chief executive and Harvard Business School executive fellow Bill George calls these times for corporate leaders “the most challenging I’ve ever seen.”

The White House this month briefly imposed, and then later paused for 90 days, many new tariffs President Donald Trump proposed on what he called “Liberation Day.” But...Read more

Stephen Brashear/Getty Images North America/TNS

Alaska Air lost $166M in 3 months. What does that mean for expansion?

Business / Business News /

Alaska Airlines lost $166 million in the first quarter of 2025 but is confident it will weather the impact of tariffs and economic uncertainty as it looks to launch new trans-Pacific nonstop routes later this year.

SeaTac-based Alaska Air Group, with newly absorbed Hawaiian Airlines, reported quarterly revenue of $3.1 billion, according to ...Read more

FDA warning hits Minnesota-made infusion pumps for missing regulatory checks

Business / Business News /

Medical device maker ICU Medical changed designs of infusion pumps made in Minnesota without properly clearing important regulatory checks after a recent recall, according to a Food and Drug Administration warning letter this month.

The FDA noted that California-based ICU Medical, a multibillion-dollar device company, has clearance dating to ...Read more

Alejandro A. Alvarez/The Philadelphia Inquirer/TNS

A Whole Foods in Philadelphia unionized in January. Now, the store is firing workers

Business / Business News /

In the three months since a Whole Foods in Philadelphia became the first unionized store in the Amazon-owned chain, at least eight employees have been fired. Some workers and their union believe they were targeted because of their support for the union.

United Food and Commercial Workers Local 1776, which represents the employees at 2101 ...Read more

General Mills tried natural-colored Trix. Cereal buyers wanted artificial dyes back

Business / Business News /

General Mills was ahead of the curve when the company announced it was taking artificial colors out of some cereals a decade ago.

Just two years after that announcement, in 2017, the artificially dyed Trix were back by popular demand.

”Consumers have differing food preferences," Minnesota-based General Mills said at the time, “and we heard...Read more

Courtesy Ford Motor Co./TNS/TNS

Ford hails 'breakthrough' from lithium manganese-rich batteries

Business / Business News /

Ford Motor Co.'s director of electrified propulsion engineering on Wednesday hailed a "breakthrough" in battery chemistry from the Dearborn automaker's battery research and development center in Romulus.

Ford is working to scale lithium manganese-rich cell chemistry and integrate the batteries into Ford's lineup within this decade, Charles Poon...Read more

Rodney Ho/The Atlanta Journal-Constitution/TNS

It's been 40 years since debut of 'New Coke,' Coca-Cola's biggest failure

Business / Business News /

It’s been 40 years since Atlanta-based Coca-Cola launched a new formula for its famed namesake cola, called it New Coke and prompted a national outcry — forcing the company to walk back the decision on its biggest blunder ever.

The company has never been able to live it down, and the flub became a case study in what not to do in business.

...Read more

Justin Sullivan/Getty Images North America/TNS

Intel to announce plans this week to cut over 20% of staff

Business / Business News /

Intel Corp. is poised to announce plans this week to cut more than 20% of its staff, aiming to eliminate bureaucracy at the struggling chipmaker, according to a person with knowledge of the matter.

The move is part of a bid to streamline management and rebuild an engineering-driven culture, the person said, asking not to be identified because ...Read more

DREAMSTIME/TNS

Google paid Samsung 'enormous sums' for Gemini AI app installs

Business / Business News /

Alphabet Inc. pays Samsung Electronics Co. an “enormous sum of money” every month to preinstall Google generative AI app, Gemini, on its phones and devices, according to court testimony, even though the company’s practice of paying for installations has twice been found to violate the law.

The company began paying Samsung for Gemini in ...Read more

Ambient Photonics/TNS/TNS

High-powered solar cells are poised to replace batteries

Business / Business News /

The basic technology behind Ambient Photonics’s solar cells is so simple that it’s routinely assembled as a high school science experiment. In labs across the U.S., students sandwich blackberries’ potent pigment between glass to create dye-sensitized cells capable of harnessing energy from the sun.

Ambient Photonics’s process is more ...Read more

K.C. Alfred/The San Diego Union-Tribune/TNS

San Diego judge blocks Trump administration anti-money laundering affecting border businesses

Business / Business News /

A San Diego federal judge on Tuesday blocked the Trump administration from enforcing a rule that the government said would crack down on money laundering but that a San Diego small business owner argued would likely force her to close down.

The rule, enacted last week by the U.S. Department of the Treasury’s Financial Crimes Enforcement ...Read more

Saul Loeb/AFP/Getty Images North America/TNS

Tesla profit falls in the wake of brand controversy and tariffs

Business / Business News /

Tesla is off to a bumpy start this year.

The electric vehicle giant’s profit plunged 71% in the first quarter to $409 million as the company faced a flurry of setbacks, including looming tariffs and a brand crisis perpetuated by Chief Executive Elon Musk’s prominent role in the Trump administration.

The Austin, Texas-based company reported...Read more