Business

SAN FRANCISCO – Amazon said it expects to invest $12 billion in Louisiana as part of a plan to build data centers in the Pelican State.

Biopharmaceutical company AbbVie plans to spend $380 million building two new manufacturing facilities in North Chicago, Illinois – a rare example of a project that’s in line with initiatives by the administrations of Illinois Gov. JB Pritzker and President Donald Trump. The two plants are expected to create 300 new jobs, including positions for engineers, scientists, manufacturing operators ...

After getting engaged in 2023, Ashlan and Kai McDaniel heard the same advice from both sets of their home-owning parents: Stop renting and buy. The couple, ages 28 and 29, soon began touring homes in and around Houston. Weeks into their search, they nearly made a purchase, but they said the process felt rushed, and they realized they didn't understand the market well enough to commit. So they focused on their wedding in November and continued to pay $1,400 a month to rent their one-bedroom apartment.

Digital payments company PayPal is attracting takeover interest from potential buyers after a stock slide, Bloomberg News reported on Monday, citing people familiar with the matter.

A new economic indicator has captivated Silicon Valley, Wall Street and Washington. Technology companies’ massive spending on artificial intelligence accounted for half or more of U.S. growth last year, some economists calculated, effectively propping up an otherwise anemic economy.

The president’s proposal to cap credit card rates at a maximum of 10% over the next year has gotten a lot of attention in the midst of a national affordability crisis. It’s understandable. Rates are flashy, and it sounds good to talk about bringing them down.

Automatic Data Processing (Nasdaq: ADP), also known as ADP, is a longtime dividend-paying stock – and it has increased its payout every year for more than 50 years. Its most recent increase was a solid 10% bump, and the stock recently yielded 2.8%. (It has also been rewarding shareholders via share buybacks.)

Irv Zakheim was a few years removed from selling puka shell necklaces on the beaches of Hawaii when he had a $150 million dollar dinnerware idea.

President Donald Trump escalated his push to raise tariffs without the Supreme Court's backing, announcing he would raise the 10% worldwide tariff he announced after the nation's highest court ruled against him to 15%.

The Greater Spokane Valley Chamber of Commerce CEO Lance Beck is leaving the organization after more than seven years. Beck is taking on a new role as chief strategy officer with Greater Spokane Inc. in early March.

When Rick Woldenberg took the reins of his family's toy business, Learning Resources Inc, nearly three decades ago, politics and litigation were not on his agenda. Then he became a central figure in one of the most significant U.S. Supreme Court rulings of the last several years. 

California wine giant Gallo is laying off more than 90 employees and closing a major Napa Valley wine-making facility. The Modesto company said Thursday the cuts are necessary to adapt to market dynamics and changing customer demands.

Officials at Sandpoint-based Litehouse Inc. announced this week that the name of the company that makes popular salad dressings has been changed to Litehouse Foods.

It can be a shock shopping for a new car these days.

United Auto Workers members at Volkswagen AG's assembly plant in Tennessee overwhelmingly ratified a historic first labor pact that locks in higher wages, lower health insurance costs, and stronger job security language for the next four years, the union announced late Thursday.

After a monthslong nationwide search for a new general manager, KSPS PBS selected nine-year employee Skyler Reep for the job.

Plans have been submitted by a Seattle-based fabrication company to build an Airway Heights facility next to their existing one at 9470 W. 21st Ave.