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GM lays off hundreds of salaried workers as part of profit push

Business / Business News /

General Motors Co. cut hundreds of jobs on Friday, just days after raising its profit guidance for the year in a move that sent the shares soaring.

The automaker laid off more than 200 salaried staff, mostly at its Tech Center in Warren, Michigan, north of Detroit. The message was delivered around 7 a.m., when the company called some of the ...Read more

Dania Maxwell/Los Angeles Times/TNS

Disney warns that ESPN, ABC and other channels could go dark on YouTube TV

Business / Business News /

LOS ANGELES – Walt Disney Co. is alerting viewers that its channels may go dark on YouTube TV amid tense contract negotiations between the two television giants.

The companies are struggling to hammer out a new distribution deal on YouTube TV for Disney's channels, including ABC, ESPN, FX, National Geographic and Disney Channel. YouTube TV ...Read more

Target eliminating 1,800 positions, laying off 1,000 workers

Business / Business News /

MINNEAPOLIS — Target Corp. will cut 1,800 positions from its corporate headcount, the second-largest downsizing of its headquarters staff.

Affected employees won’t learn their status until Tuesday, leaving them to wonder through a long weekend.

The restructuring will cut about 1,000 employees and close roughly 800 open positions — some 8...Read more

DREAMSTIME/TNS

MAHA is complicated for sugar beet country as its ideals collide with livelihoods

Business / Business News /

WHEATON, Minnesota – Sitting in a pickup rolling up to a sugar beet field on the southern edge of the Red River Valley, farmer Jamie Beyer wants to talk MAHA.

But she doesn’t know if her neighbors do. At least not in the valley, where beet farms and sugar refineries dotting the landscape north to Canada are on the opposing side of Health ...Read more

Henry Payne, The Detroit News/The Detroit News/TNS

Auto review: Taking the sci-fi Tesla Cybertruck to work on the farm

Business / Business News /

STRATFORD, Virginia — If I had pulled up to the Lee family home in 1776 in a Tesla Cybertruck, they would have thought I was a time traveler from the future.

Which is not much different than the reaction I received when I pulled up in 2025.

I took a Cybertruck on a weekend trip with Mrs. Payne this fall to help prepare Stratford Hall, the ...Read more

Allen J. Schaben/Los Angeles Times/TNS

Econometer: Will tariffs slow the US economy in 2026?

Business / Business News /

The U.S. economy has largely weathered historically high tariffs so far this year, but a new study says tariffs will hit Americans in 2026.

The Paris-based Organization for Economic Cooperation and Development said it expects the U.S. economy to grow 1.8% this year, and 1.5% next year. It mostly based its prediction for slower growth on tariff ...Read more

Justin Sullivan/Getty Images North America/TNS

Californians bought a record number of EVs before Trump budget cuts

Business / Business News /

Californians purchased a record number of zero-emission and plug-in hybrid vehicles in the third quarter of 2025, seizing their final opportunity to claim federal tax incentives before they were eliminated under President Trump’s sweeping budget cuts.

California residents bought more than 124,700 zero-emission vehicles or plug-in hybrids from...Read more

Anthony Souffle/Star Tribune/TNS

Trading cards from Star Wars to Pokémon are all the rage, sparking new products

Business / Business News /

When most people think of tabletop games, images of sprawling boards, wooden pieces and long rulebooks come to mind. But one company is reimagining what it means to play.

Asmodee, a French board game publisher with U.S. operations in Lino Lakes and Roseville, Minnesota, is leaning in to the growing trading card market, which now makes up 51% of...Read more

Kia/TNS/TNS

Auto review: 2026 Kia Sportage Hybrid will soothe your eco-friendly soul

Business / Business News /

The 2026 Kia Sportage Hybrid is proof that the Koreans have done what the Japanese did 30 years ago: looked at the established order, taken notes, and then made better cars at lower prices with more style, more cleverness, and more empathy for the human beings who actually drive them. The 2026 Kia Sportage Hybrid isn’t just an appliance; it’...Read more

Marc Grasso/Boston Herald/TNS

2025 Honda Pioneer 1000-5 delivers for all consumers

Business / Business News /

As Honda Powersports enters Grasso’s Garage for the first time, we recognize why consumers have been addicted to the brand for years. Enter the 2025 Honda Pioneer 1000-5 Trail Special Edition, a rec/utility fit for any occasion, any chore and tons of off-road fun.

Powered by a torquey 999cc liquid-cooled, parallel-twin, four-stroke engine, ...Read more

Stephen Brashear/Getty Images North America/TNS

Alaska Airlines grounds flights amid IT outage

Business / Business News /

Alaska Airlines has grounded all flights amid an IT outage.

The airline said Thursday afternoon it is “experiencing an IT outage affecting operations,” and that “a temporary ground stop is in place.”

Alaska advised any travelers with flights booked Thursday to check flight status before heading to the airport.

In July, the airline ...Read more

Marek Uliasz/Dreamstime/TNS

Tariffs have unsettled Colorado's ag industry; a Trump plan adds to uncertainty

Business / Business News /

Colorado’s agricultural industry could face a multimillion-dollar hit because of tariffs, and now the state’s ranchers are concerned that a move to import more beef from Argentina could heighten the economic threats.

A state report released in September said the initial impact of tariffs on the beef industry could result in a drop of nearly...Read more

Ford's Q3 beats expectations, but Novelis aluminum plant fire lowers guidance

Business / Business News /

Ford Motor Co. is lowering its annual earnings guidance for 2025 following a fire at a major aluminum supplier, but it plans to ramp up F-Series production in Michigan and Kentucky in 2026.

The Sept. 16 blaze at Novelis Inc.'s Oswego, New York, plant will cost Ford as much as $1 billion between this year and 2026, the automaker said. Although ...Read more

UAW plans strike authorization vote at Volkswagen plant in Tennessee

Business / Business News /

United Auto Workers-represented employees at Volkswagen AG's plant in Chattanooga, Tennessee, plan to vote on strike authorization next week following months of contract bargaining that's failed to yield an agreement, the union said.

The Detroit-based union won the right to represent more than 4,000 hourly workers at the plant in a historic ...Read more

Renée Jones Schneider/The Minnesota Star Tribune/TNS

Bipartisan backlash, led by Midwest politicians, rises against Trump's comments on beef industry

Business / Business News /

SLEEPY EYE, Minnesota — At the Sleepy Eye Auction Market on Wednesday, between sales of fattened steers and a shaggy Highland bull, chatter drifted to farm country’s latest beef with the White House: President Donald Trump’s plan to buy more beef from Argentina.

Few at the southwestern Minnesota cattle auction barn thought it would make a...Read more

Dominic Di Palermo/Chicago Tribune/TNS

After gate reallocation at O'Hare, United to add new routes next year

Business / Business News /

United will add flights to 10 new domestic destinations from O’Hare International Airport next year, routes the airline says were made possible by the additional gate space it won through the city’s airport gate reallocation process this fall.

United’s new destinations next year will include Santa Barbara, California; Eugene, Oregon; ...Read more

Jerry Holt/The Minnesota Star Tribune/TNS

Personal security benefits for CEOs increase after killing of UnitedHealth executive

Business / Business News /

The murder of UnitedHealthcare Chief Executive Brian Thompson has prompted companies nationwide to increase personal security benefits for their CEOs.

ISS Services, an advisory company, does an annual analysis of public firm proxies.

This year shows that CEO pay as a whole across U.S. public companies increased 11% to record levels.

That’s ...Read more

Brian Cassella/Chicago Tribune/TNS

Rivian to reportedly lay off more than 600 workers

Business / Business News /

Electric vehicle maker Rivian, which plans a corporate hub and a $5 billion EV factory in Georgia, reportedly plans to lay off more than 600 workers as it looks to trim costs.

The Wall Street Journal reported Rivian plans to cut about 4% of its total workforce, which at the end of last year was nearly 15,000 people. The company is looking to ...Read more

Dreamstime/Dreamstime/TNS

US mortgage rates drop to lowest level in more than a year

Business / Business News /

Mortgage rates fell to the lowest level in more than a year, easing affordability concerns for homebuyers.

The average for 30-year, fixed loans was 6.19%, down from 6.27% last week and the lowest since early October 2024, data from Freddie Mac show.

Falling rates have given house hunters more buying power, but demand has been constrained by ...Read more

Real estate Q&A: Do I have to pay for damage neighbor says is caused by palm tree root?

Business / Business News /

Q: I live in a senior community HOA. My neighbor says the roots of my royal palm are lifting her pavers around her pool. The tree, planted by the developer on my property four years ago, is 10 feet from the property line. Since the tree was already mature, I find it unlikely its roots grew fast enough to cause the damage. The neighbor wants me ...Read more