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Business Breaking

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Cars are cruising down the monthly subscription highway

If you already subscribe to digital services like Netflix to binge on TV shows and Spotify to groove to an endless mix of music, the auto industry might have a deal for you: Subscribe to your next car as well. Read More
 

Trump signs order to increase access to retirement plans

President Donald Trump on today directed the Labor and Treasury departments to work to make it easier for small businesses to band together to offer retirement plans to their workers. Read More

Trump intends to sign Mexico deal in 90 days, Trade Rep says

President Donald Trump has notified Congress that he plans to sign a trade agreement with Mexico — and Canada, if it is willing — in 90 days, U.S. Trade Representative Robert Lighthizer said today. Read More

Groundbreaking alternative paper Village Voice shuts down

The Village Voice, the Pulitzer Prize-winning alternative weekly known for its muckraking investigations, brash political reporting, exhaustive arts criticism and anxiety-laden cartoons, is going out of business after 63 years. Read More
 

SBA loans for Kilauea eruption recovery top $30M

The U.S. Small Business Administration said it has approved more than $30 million in federal disaster loans for Hawaii businesses and residents impacted by the Kilauea eruption that began May 3. Read More

Hilton’s Waldorf Astoria to debut in Las Vegas

Hilton will begin rebranding the Mandarin Oriental hotel on the Las Vegas Strip as a Waldorf Astoria this week, a transition for the 389-room, casino-less property that will lead to renovations and mark the debut of another luxury brand on the world-famous corridor. Read More

July sets single-month record for Hawaii visitors

Despite volcanic-activity related softening on Hawaii island, more visitors came to Hawaii in July than in any other month in the state’s history. Read More

Widely used diabetes drug can cause flesh-eating genital infection

The U.S. Food and Drug Administration is warning doctors and patients that some widely used diabetes drugs may, in some rare cases, cause a flesh-eating bacterial infection of the genitals. Read More

Dozens at Facebook unite to challenge its ‘intolerant’ liberal culture

The post went up quietly on Facebook’s internal message board last week. Titled “We Have a Problem With Political Diversity,” it quickly took off inside the social network. Read More

Rebuilding a struggle after California wine country fires

Santa Rosa was the hardest-hit city after California’s most destructive wildfire, with entire neighborhoods burned to ashes. But as of late August, only nine of nearly 2,700 single-family homes lost here had been rebuilt, according to figures from the city’s permitting office. Read More
 

China struggles to curb its reliance on U.S. buyers, suppliers

From medical products to smartphone chips to soybeans, Beijing is responding to President Donald Trump’s tariff hikes by pushing companies to trade more with other countries. But there are few substitutes for the United States as an export market and source of technology. Read More

Nissan launches China-focused electric car

Nissan’s first electric sedan designed for China began production today at the start of a wave of dozens of planned lower-cost electrics being created by global automakers for their biggest market. Read More

Musk says investors convinced him Tesla should stay public

The eccentric and sometimes erratic CEO made the decision based on feedback from shareholders, including institutional investors, who said they have internal rules limiting how much they can sink into a private company. Read More

Powell signals more hikes ahead if US economy stays strong

Federal Reserve Chairman Jerome Powell signaled today that he expects the Fed to continue gradually raising interest rates if the U.S. economic expansion remains strong. Read More

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