Chicago may be taking another quantum leap forward in its technology aspirations.

The University of Illinois Urbana-Champaign and IBM announced a renewed research partnership Thursday to advance artificial intelligence and quantum technology, with the city at the center of the ongoing project.

The second phase of the 10-year, $100 million IBM-...Read more

Countertop maker Cambria and seven other U.S. manufacturers won a resounding victory from the International Trade Commission, which ruled that a significant increase of cheaper quartz imports from Pacific Rim countries seriously undercut their ability to be profitable.

This is the second big trade win for Cambria, the giant in the U.S. quartz ...Read more

Two former Amazon employees accused the company of underpaying female employees, levying complaints similar to those in an ongoing lawsuit filed in 2023.

Gayatri Srinivas and Amy Cisneroz say they faced a discriminatory system at Amazon that saw roles held by women underpaid based on job classifications, according to a proposed class-action ...Read more

QVC Group announced Wednesday that it plans to file for bankruptcy. The news follows weeks of speculation about the shopping network’s financial distress.

The company announced its plans in its annual report filing with the U.S. Securities and Exchange commission. It had delayed filing the report twice, most recently noting “that there ...Read more

WASHINGTON — The Pentagon wants Michigan automakers to play a bigger role in U.S. defense manufacturing, according to a Wall Street Journal report.

The Journal reported Wednesday that Ford Motor Co. CEO Jim Farley and General Motors Co. CEO Mary Barra have been involved in discussions with top Defense Department officials about the automakers...Read more

Avid Technology, the editing software company, is the latest entertainment industry player to introduce AI into its toolbox.

The company behind industry-standard platforms Pro Tools and Media Composer said it is entering a multi-year partnership with Google Cloud.

The goal is to implement both generative and agentic AI so that users can turn ...Read more

Applications for U.S. unemployment benefits fell last week, indicating that layoffs remain largely limited.

Initial claims decreased by 11,000 to 207,000 in the week ended April 11, marking the biggest one-week drop since February, according to Labor Department data released Thursday. Claims data can be volatile around holidays, and the latest ...Read more

Stellantis NV has hired longtime Hyundai Motor Co. executive Michael Orange for a top role under CEO Antonio Filosa as the automaker attempts to jumpstart its U.S. sales this year, three people familiar with the move said.

The automaker confirmed Thursday that Orange was appointed to lead its U.S. sales and network performance and would report ...Read more

ORLANDO, Florida — At a west Orlando Walmart, Natilee Hamilton carefully considers the cost of each item she places in her cart as she struggles to adhere to a budget outpaced by inflation.

It is a balancing act that extends beyond the grocery store. In the past few years, she’s had to defer dental work, eye exams and home repairs because ...Read more

A union representing more than 40,000 workers across the University of California campuses and medical centers announced Wednesday that it would launch an open-ended strike next month unless its contract demands are met, opening up the possibility of postponed medical procedures, limited cleaning at hospitals and campuses and reductions in ...Read more

The modern Ford Motor Co. has emerged, CEO Jim Farley declared Wednesday as the company detailed some restructuring and said it will refresh 80% of its North American vehicle volume by 2029 as part of efforts to compete against new competitors like Chinese brands.

Also announced Wednesday is that former Apple Inc. executive Doug Field, Ford's ...Read more

Stellantis NV said Wednesday its global shipments in the first quarter grew 12% year-over-year to about 1.4 million vehicles — a welcome sign for the transatlantic automaker as it seeks to bounce back from a tough 2025.

Shipments surged 17% to 379,000 vehicles in North America. CEO Antonio Filosa is especially focused on fixing that region ...Read more

Live Nation Entertainment Inc., the largest U.S. concert promoter and ticket seller, illegally monopolized the live events industry and overcharged fans, a New York federal jury concluded Wednesday.

Following a six-week trial, the jury found in favor of a coalition of 33 states and Washington D.C. who sued the company, handing a massive victory...Read more

Philadelphia officials have made no secret that as of this year’s Tax Day, they are applying the city’s Business Income and Receipts Tax — $1.41 per $1,000 of sales and $57.10 per $1,000 of profits — even when sales are under $100,000. That income used to be tax-exempt.

The city estimates 75,000 small-business owners may owe the tax for...Read more

A City Council majority failed Wednesday to override Mayor Brandon Johnson’s veto of their earlier measure freezing raises set to eliminate Chicago’s subminimum wage for waiters and other tipped workers.

Aldermen voted 30 to 19, short of the 34 needed to beat Johnson’s veto and keep current wages in place. The outcome secures ongoing ...Read more

A California woman has won a lawsuit against cruise giant Carnival Corp., in which the Florida-based company was found negligent for serving her at least 14 shots of tequila in an 8 1/2-hour period and liable for subsequent injuries she suffered while inebriated onboard.

A Miami federal jury ruled in the passenger’s favor on April 10 and ...Read more

President Donald Trump said he would fire Jerome Powell as chair of the Federal Reserve if he does not leave that post “in time,” and insisted that the Justice Department investigation into the central bank leader would continue.

“I’ll have to fire him, OK, if he’s not leaving on time. I’ve held back firing him. I’ve wanted to ...Read more

The biggest banks on Wall Street didn’t let record earnings stop them from trimming more than 5,000 jobs in the first quarter.

The bulk of the cuts were at Wells Fargo & Co., which reduced its headcount by 4,199 jobs in the first three months of the year, followed by Citigroup Inc. with 2,000 and Bank of America Corp. with 1,073. JPMorgan ...Read more