Business

DETROIT — Ford Motor Co.’s second-quarter net income fell 4.7% from a year ago as the company’s combustion engine unit posted a pretax loss due to higher warranty costs. The Dearborn, Mich., automaker said Wednesday it made $1.83 billion from April through June, compared with $1.92 billion a year ago....

The NBA said Wednesday that it is not accepting Warner Bros. Discovery’s $1.8 billion per year offer to continue its longtime relationship with the league and therefore has entered into a deal with Amazon Prime Video, a move that would mean this coming season would end a nearly four-decade run...

NEW YORK — A wipeout on Wednesday sent U.S. stock indexes to their worst losses since 2022 after profit reports from Tesla and Alphabet helped suck momentum from Wall Street’s frenzy around artificial-intelligence technology. The S&P 500 tumbled 2.3% for its fifth drop in the past six days. The Dow...

ANAHEIM, Calif. — Disney has reached a tentative agreement with four unions representing thousands of workers at its California theme parks, including ride operators, candy makers and parking attendants. The coalition of unions said early Wednesday that its 14,000 workers will get to vote on the deal on Monday. No...

Production has halted at a Missouri General Motors plant that manufactures trucks and vans, the result of a strike at the company that supplies seats for the vehicles. About 480 workers at Lear Corp. in Wentzville walked out at midnight Sunday. The strike brought production to a standstill Monday at...

Crowdstrike is blaming a bug in an update that allowed its cybersecurity systems to push bad data out to millions of customer computers, setting off last week’s global tech outage that grounded flights, took TV broadcasts off air and disrupted banks, hospitals and retailers. Crowdstrike also said it would take...

Sonny Vaccaro knew nothing about the law. He did know a lot about college sports and was sure the athletes who were driving millions of dollars in revenue to their schools should be paid. Michael Hausfeld knew nothing about college sports, but it didn’t take long for the attorney who...

A federal judge on Monday ordered an embattled nursing home corporation to pay nearly $36 million in back wages and penalties after finding that Comprehensive Healthcare Management Services violated U.S. labor laws. U.S. District Judge William Stickman IV ordered the company, which operated 15 nursing homes in Western Pennsylvania, to...

DETROIT — U.S. customers who bought a new General Motors vehicle last quarter paid an average of just under $49,900, a price that helped push the company’s net income 15% above a year ago. And GM Chief Financial Officer Paul Jacobson said he doesn’t see his company cutting prices very...

LONDON — Google is dropping plans to eliminate cookies from its Chrome web browser, making a sudden U-turn on four years of work to phase out a technology that helps businesses tracks users online. The company had been working on retiring third-party cookies, which are snippets of code that log...

CHARLESTON, W.Va. — Cleveland-Cliffs announced Monday it will produce electrical transformers in a $150 million investment at a West Virginia facility that closed earlier this year. The company hopes to reopen the Weirton facility in early 2026 and “address the critical shortage of distribution transformers that is stifling economic growth...

AUSTIN, Tex. — U.S. House leaders are calling on CrowdStrike CEO George Kurtz to testify to Congress about the cybersecurity company’s role in sparking the widespread tech outage that grounded flights, knocked banks and hospital systems offline and affected services around the world. CrowdStrike said this week a “significant number”...

DETROIT — U.S. auto safety regulators are investigating complaints that some Ram pickup trucks and Jeep Wagoneer SUVs can lose power, shift into park and apply the emergency brake. The probe announced Monday by the National Highway Traffic Safety Administration covers about 150,000 vehicles made by Stellantis from the 2022...

Turner Sports intends to continue its longtime relationship with the NBA. Warner Bros. Discovery informed the league Monday that it will match the $1.8 billion per year offer by Amazon Prime Video. Turner has had an NBA package since 1984 and games have been on TNT since the network launched...

NEW YORK — Airlines, including Delta Air Lines, continued to struggle to restore operations two days after a faulty software update caused technological havoc worldwide and resulted in several carriers grounding flights. According to the latest data from FlightAware, there were 1,461 total cancellations within, into, or out of the...

When visitors at Tropical Bungalow pick up their burgers, fries and ice cream, the employees who serve them are getting more than just a paycheck. At least, that’s owner Sydney Papinchak’s goal. The restaurant along Route 30 in Hempfield has been home to 12 employees. For most of them, working...

Alicia Monahan blames secondhand smoke for two fainting episodes she experienced while working at Rivers Casino on Pittsburgh’s North Shore. The table games dealer said she’s otherwise healthy but sometimes feels the effects of the smoke getting to her. Since she started working at the casino in 2019, she collapsed...

Craig Wyke’s first job at Peoples Natural Gas was in the delinquent accounts department. “I had to inform people their gas was about to be turned off,” said Wyke, who grew up in Penn Hills and lives in West Deer, as he recalled his more than 40-year career with the...

NEW YORK — Amazon saw record sales for Prime Day this week as Prime members purchased more items than ever before, the company announced Thursday. The Seattle e-commerce giant, which does not disclose how much it earns during the popular discount event, also said “millions” of customers joined Prime in...

U.S. filings for unemployment benefits rose again last week and appear to be settling consistently at a slightly higher though still healthy level that the Federal Reserve has been aiming for. Jobless claims for the week ending July 13 rose by 20,000 to 243,000 from 223,000 the previous week, the...

LAS VEGAS — A final blast from The Mirage’s signature volcano marked the passage Wednesday of an aging Las Vegas resort that wowed crowds when it opened in 1989 and went on to revolutionize the casino resort industry and reshape Las Vegas as a tourist destination. “What would The Mirage...

Owen Sahnow, who works at the Delaware Theatre Company, wonders how he’ll commute in the future from Philadelphia to Wilmington now that Amtrak is raising the price of his monthly pass by nearly 70%. He moved to Philadelphia last year for his partner’s work and has been taking a trolley...

WASHINGTON — NASA said Wednesday it’s canceling its water-seeking moon rover, citing cost overruns and launch delays. The Viper rover was supposed to launch in late 2023 aboard a lander provided by Astrobotic Technology, but extra testing and increased costs kept delaying the mission, threatening other projects, the space agency...

A long-standing business soon will be gone, at least from its Ross location. Duro Cleaners has been a McKnight Road fixture since Dwayne Trimble started offering dry-cleaning services, and it continued after O’Hara resident Joe Ferrante became the owner in 2017. “The customers were great. They’ve always been great here....

United Airlines on Wednesday reported that its second-quarter profit rose 23% to $1.32 billion, as record crowds at U.S. airports helped the carrier overcome sharply rising costs for fuel and labor. However, United warned that third-quarter results will fall short of Wall Street expectations. Like rival Delta Air Lines, United...