Apple, one of the world’s most valuable companies, is getting a new chief executive, marking a new chapter in the story of what has become arguably the most influential company in consumer technology.

The Cupertino, California, smartphone maker said Monday that John Ternus, senior vice president of hardware engineering, will become Apple’s ...Read more

Prediction markets are pouring money into Washington to defend against escalating criticism that their fast-growing platforms are contributing to a gambling explosion and enabling insider trading.

Leading online platform Kalshi, alongside crypto and sports gambling companies that have launched their own prediction markets, are hiring teams of ...Read more

Rapid changes in media fueled by increased use of artificial intelligence and streaming services require a “cautious humility” from antitrust enforcers as they assess whether mergers in the industry are threatening competition and consumers, a senior U.S. Justice Department official said.

“We cannot and should not try to resolve every ...Read more

Apple, one of the world’s most valuable companies, is getting a new chief executive, marking a new chapter in the story of what has become arguably the most influential company in consumer technology.

The Cupertino smartphone maker said Monday that John Ternus, senior vice president of Hardware Engineering, will become Apple’s next chief ...Read more

Seattle-based importers hit by unprecedented tariffs may see some relief soon — but it is unlikely to trickle down to small businesses and consumers.

U.S. Customs and Border Protection launched a portal Monday to refund tariffs set by President Donald Trump last April directly to the businesses that paid them. The move comes after the U.S. ...Read more

Spirit Aviation Holdings Inc. has floated offering the U.S. government an equity stake in the discount carrier to help stave off its potential liquidation, according to people familiar with the matter.

The airline is seeking an infusion of cash from the U.S. government during a spike in jet fuel prices, said the people, who asked not to be ...Read more

More grocery shoppers are picking a side: trading down to bargain chains or trading up to higher-end grocers, leaving middle-market retailers like Target with less room to compete.

In the Twin Cities and across the country, the industry’s growth continues to concentrate at opposite ends of the market.

“You look at the overall grocery ...Read more

LOS ANGELES — The proprietor of Los Angeles' legendary Clifton's has given up on reopening the shuttered venue.

It's just too difficult to do business in downtown's historic core, he says.

Andrew Meieran bought Clifton's on Broadway in 2010 and poured more than $14 million into repairs, renovations and upgrades, adding additional bar and ...Read more

John Arnold, the billionaire energy trader-turned-philanthropist, made his fortune by predicting the direction of markets. Now, he’s sounding the alarm on fast-growing prediction markets, saying they’re harmful to young men and boys.

His concern lies in how platforms for sports-event contracts and online betting more broadly are designed to...Read more

Amazon wanted to sell Levi's Easy Khaki Classic pants for $29.99, but Walmart had lowered the price, and the giant online retailer had matched it at $25.47 to $26.99.

So Amazon contacted Levi Strauss about two "styles of concern," asking the San Francisco apparel company to convince Walmart to raise its price, according to a document filed ...Read more

LOS ANGELES — The highest gas prices in the country are making it tougher for some gig drivers to make a living.

Gas prices have shot up amid the war in the Middle East. On average, California gas prices are the most expensive in the United States, according to data from the American Automobile Assn. The average price of regular gas in ...Read more

Finance is different for everyone. We all inhabit our own money realities: white people and people of color, Gen Z and baby boomers, high earners and those with lower incomes.

Women live in their own financial reality, too. One where the gender pay gap is a force holding back their progress, seeping into every aspect of their financial well-...Read more

A federal judge has blocked Nexstar Media Group's $6.2-billion acquisition of its rival, upending the already consummated union of the nation's two largest television station groups.

U.S. District Court Chief Judge Troy L. Nunley on Friday issued a preliminary injunction that forbids Nexstar, which owns KTLA-TV in Los Angeles, and its takeover...Read more

The White House said a meeting Friday with Anthropic PBC Chief Executive Officer Dario Amodei was “productive and constructive” as the Trump administration seeks wider access to the company’s powerful new Mythos artificial intelligence model.

The White House said opportunities for collaboration and for addressing the challenges from ...Read more

Daniel Corcoran runs a water agency spread across the Sierra foothills, and doesn’t think it’s realistic to replace his specialized trucks with all-electric ones.

That puts him at odds with California regulators’ proposed requirement that 50% of new heavy-duty vehicle purchased until 2030 be zero-emission vehicles. After that, 100% would ...Read more

Elon Musk is calling for the government to guarantee “Universal HIGH INCOME” for Americans to offset looming job losses caused by artificial intelligence.

Adopting what is usually considered a progressive stance, the world’s richest man said Uncle Sam should write fat checks to Americans to keep us living large even if platforms like Chat...Read more

Ford Motor Co. CEO Jim Farley took to Fox & Friends this week to voice a fundamental tension inside the Dearborn automaker: namely, touting its commanding position in the United States thanks to its F-Series trucks versus warning of the looming Chinese threat to it all.

Allowing Chinese automakers into the rich U.S. market would be “...Read more

As millennial parents pass down their love of Pokémon to a new generation of fans, Target is lining up an exclusive collection to capitalize on the enduring phenomenon that is celebrating its 30th anniversary this year.

On May 2, Target is releasing a limited-edition set of clothing, accessories, toys and other goodies designed with input from...Read more