In a three-month span filled with widespread layoffs and billions spent on AI, Microsoft made more than $27 billion.

The tech giant released financial results for its fourth fiscal quarter, which ran from May through the end of June, on Wednesday and exceeded Wall Street estimates. Microsoft reported $76.4 billion in revenue with $27.2 billion ...Read more

U.S. President Donald Trump on Wednesday applied tariffs to low-value imports from all trading partners, a change that could raise costs for American travelers bringing goods into the U.S. after travels abroad.

The move, made in an executive order, will become effective on Aug. 29 and apply to all goods valued at or under $800 that previously ...Read more

Ford Motor Co. on Wednesday declared a net loss of $36 million in the second quarter of 2025 related to one-time charges and issued a lower annual guidance for adjusted operating profit as it projects higher tariff costs.

The Dearborn automaker now expects the import taxes will affect adjusted operating profit by $2 billion this year, up from ...Read more

The Federal Communications Commission has opened an inquiry into NBCUniversal and its parent company, Comcast, over their handling of local broadcast television affiliate stations, according to a letter from commission chair Brendan Carr.

The letter, dated Tuesday and released publicly Wednesday, was addressed to Comcast CEO Brian Roberts. In ...Read more

WASHINGTON — The legend of Detroit union leader Jimmy Hoffa endures in the world of organized labor, for reasons beyond speculation surrounding his mysterious, mob-connected disappearance 50 years ago on July 30, 1975.

Hoffa served as president of the International Brotherhood of Teamsters from 1959 to 1971. He rose to power and prominence in...Read more

A Los Angeles-area startup is using artificial intelligence and robotics in an unlikely way: making sashimi and other fish dishes taste better, last longer and more humane.

El Segundo, California-based Shinkei Systems wants to bring a traditional Japanese method of handling fish to fine dining in America, using technology to replace the labor-...Read more

As the crackdown on undocumented workers in California approaches a third month, researchers say the effects on the state’s economy are already showing.

Since early June, Los Angeles has been roiled by the Trump administration’s immigration sweeps. The raids rendered some L.A. neighborhoods ghost towns, with businesses shuttered and ...Read more

A former labor relations employee at Netflix is suing the company, claiming she was wrongfully terminated after raising concerns over her superiors' discrimination against women of color and allegations of sexual harassment.

The lawsuit, filed in Los Angeles County Superior Court, alleges that the employee's managers broke laws and policies ...Read more

U.S. economic growth moderated through the first half of the year as consumers tempered their spending after a late-2024 splurge and companies adjusted to frequently shifting trade policy.

Inflation-adjusted gross domestic product, which measures the value of goods and services produced in the U.S., increased an annualized 3% in the second ...Read more

What does a scientist look like?

A bright-eyed intellectual donning a white lab coat and goggles? Often, yes. But these days, they could take on the look of a stack of computer servers softly humming away in an air conditioned building.

That’s what a group of scientists from the San Francisco-based Chan Zuckerberg Biohub and Stanford ...Read more

The rhythmic rumble of the “L” isn’t a death rattle — yet.

But Chicago’s public transit systems are set to get gut-punched early next year by a funding deficit in the hundreds of millions of dollars. If state lawmakers don’t agree to allocate more money to public transit, branches on half of the CTA’s “L” lines could go silent...Read more

A call in January had Malcolm Gordon springing from his seat at work. His infant son was locked inside the family's Ford Mustang Mach-E after his wife had gone to charge the vehicle on her way to pick up their eldest from winter camp.

He drove the half-hour to where his 2021 Mach-E had become unresponsive and broke the window to unlock the ...Read more

Uwajimaya, the Seattle-based Asian grocer, has navigated hardship before.

Not long after the family business opened its doors in 1928, it temporarily shuttered when founders Fujimatsu and Sadako Moriguchi and several of their children were incarcerated at a Japanese detention camp during World War II.

More recently, the COVID-19 pandemic ...Read more

LAS VEGAS — Leaving the sink on for hours or forgetting to turn off the shower in a Bellagio hotel room doesn’t waste even a fraction of the water that the resort’s air-conditioning system does.

Every drop of water used indoors on the Strip heads to a wastewater plant in East Las Vegas, where it’s treated and sent back into Lake Mead, ...Read more

Apple is trying to bring machine learning to Motor City.

The smartphone giant opened its Apple Manufacturing Academy in Detroit on Tuesday to offer free workshops on artificial intelligence and advanced manufacturing to small and medium-sized businesses.

Apple stands out as one of the companies most dependent on manufacturing as well as ...Read more

Venture capital investments in the Greater Los Angeles region more than doubled to $5.8 billion in the second quarter, compared to a year ago, as investors poured money into the area's defense tech and aerospace companies amid escalating geopolitical tensions.

Costa Mesa, California-based defense tech company Anduril received the most venture ...Read more

Union Pacific announced an $85 billion deal Tuesday to purchase Atlanta-based Norfolk Southern, an agreement that, if approved by shareholders and regulators, would create a transcontinental railroad company, but cost Georgia a Fortune 500 headquarters.

Union Pacific CEO Jim Vena will be the top executive of the combined company, which will be ...Read more

Doctors at Johns Hopkins Medicine hospitals and facilities could stop accepting insurance from national health insurance provider UnitedHealthcare in about a month if an agreement to maintain the health plan is not reached.

Just under 60,000 patients on UnitedHealthcare plans see Hopkins providers in Maryland, Virginia and Washington, D.C.

The...Read more

Microsoft Corp. is in advanced talks to land a deal that could give it ongoing access to critical OpenAI technology, an agreement that would remove a major obstacle to the startup’s efforts to become a for-profit enterprise.

The companies have discussed new terms that would let Microsoft use OpenAI’s latest models and other technology even ...Read more