Business and Technology News

    ICYMI: Dow drops GE; LeBron Tears beer; a costly Jurassic Dorito


    If you missed it ... In a week when it was a lot easier for UPS to track a package than for the federal government to track an immigrant child, this also happened: •They pulled the plug on GE. S&P Dow Jones Indices...

    If you missed it ... In a week when it was a lot easier for UPS to track a package than for the federal government to track an immigrant child, this also happened: •They pulled the plug on GE. S&P Dow Jones Indices said it is dropping General Electric, the last original member of the Dow Jones industrial average, from the blue-chip index. It will be replaced Tuesday by the Walgreens Boots Alliance drugstore chain. •The Food and Drug Administration decided to reconsider its plan to label pure maple syrup and honey as containing added sugars.

    Airbus’ threatens to leave Britain over stalled trade pact


    LONDON — Aviation giant Airbus is threatening to leave Britain if the country leaves the European Union without an agreement on future trading relations — a warning that caused alarm Friday among business leaders concerned about the pace of...

    LONDON — Aviation giant Airbus is threatening to leave Britain if the country leaves the European Union without an agreement on future trading relations — a warning that caused alarm Friday among business leaders concerned about the pace of discussions ahead of next year’s exit. The company, which employs about 14,000 people at 25 sites in Britain, said it will “reconsider its long-term footprint in the country” if there is no deal. Airbus also says the currently proposed transition deal that runs through December 2020 is too short for the company to reorganize its supply chain. “In any scenario, Brexit has severe negative consequences for the U.K. aerospace industry and Airbus in particular.

    Inside a heist of U.S. chip designs, as China bids for tech power


    JINJIANG, China — With a dragnet closing in, engineers at a Taiwanese chipmaker holding U.S. secrets did their best to conceal a daring case of corporate espionage. As police raided their offices, human resources workers gave the...

    JINJIANG, China — With a dragnet closing in, engineers at a Taiwanese chipmaker holding U.S. secrets did their best to conceal a daring case of corporate espionage. As police raided their offices, human resources workers gave the engineers a warning to scramble and get rid of the evidence. USB drives, laptops and documents were handed to a lower-level employee, who hid them in her locker. Then she walked one engineer’s phone out the front door. What those devices contained was more valuable than gold or jewels: designs from a U.S. company, Micron Technology, for microchips that have helped power the global digital revolution.

    Apple CEO acting like tech industry’s top diplomat


    Apple CEO Tim Cook may be the leader of the world’s most valuable public company, but lately he has had to act a lot like the tech industry’s top diplomat. Last month, he visited the Oval Office to warn President Trump that tough...

    Apple CEO Tim Cook may be the leader of the world’s most valuable public company, but lately he has had to act a lot like the tech industry’s top diplomat. Last month, he visited the Oval Office to warn President Trump that tough talk on China could threaten Apple’s position in the country. In March, at a major summit in Beijing, he called for “calmer heads” to prevail between the world’s two most powerful countries. In a trade and technology showdown between the United States and China, Apple and Cook have a lot to lose. With 41 stores and hundreds of millions of iPhones sold in the country, there is probably no U.S. company in China as successful, as high-profile and with as big a target on its back.

    Backup driver in fatal Uber crash was distracted, Arizona police say


    PHOENIX — The human backup driver in an autonomous Uber SUV was streaming the television show “The Voice” on her phone and looking downward just before fatally striking a pedestrian in suburban Phoenix, according to a police report. ...

    PHOENIX — The human backup driver in an autonomous Uber SUV was streaming the television show “The Voice” on her phone and looking downward just before fatally striking a pedestrian in suburban Phoenix, according to a police report. The 300-page report released Thursday night by police in Tempe revealed that Rafaela Vasquez had been streaming the musical talent show via Hulu in the 43 minutes before the March 18 crash that killed Elaine Herzberg as she crossed a darkened road outside the lines of a crosswalk. The report said the crash, which marks the first fatality involving a self-driving vehicle, wouldn’t have happened had the driver not been distracted.

    Daily Briefing, June 23


    His protest was a work of art An 800-pound, nearly 11-foot steel sculpture of a bent and burned drug spoon was placed Friday in front of the Connecticut headquarters of drugmaker Purdue Pharma as part of an art protest against the opioid...

    His protest was a work of art An 800-pound, nearly 11-foot steel sculpture of a bent and burned drug spoon was placed Friday in front of the Connecticut headquarters of drugmaker Purdue Pharma as part of an art protest against the opioid crisis. Artist Domenic Esposito and art gallery owner Fernando Alvarez dropped the sculpture at the company’s Stamford headquarters. Police arrested Alvarez on a minor charge of obstructing free passage. Several state and local governments are suing Purdue Pharma for allegedly using deceptive marketing to boost sales of its opioid painkiller OxyContin, deceiving patients and doctors about the risks of opioids.

    Cheap phones worth having


    Motorola Moto G5 Plus Cnet rating: 4.0 stars out of 5 The good: The splash-resistant Moto G5 Plus has a near stock version of Android Nougat, a good camera and...

    Motorola Moto G5 Plus Cnet rating: 4.0 stars out of 5 The good: The splash-resistant Moto G5 Plus has a near stock version of Android Nougat, a good camera and video, and a metal build — and it’s extremely kind to your wallet. The bad: There’s no NFC on the U.S. model, and audio sounds tinny through the built-in speaker. The cost: $220 to $230 The bottom line: With a long list of features you want and only a few that you don’t, there is no better budget phone.

    Wells Fargo customers report receiving emails meant for other people


    Wells Fargo customers took to Twitter Friday to complain about an apparent mix-up that sent emails addressed to other people into their...

    Wells Fargo customers took to Twitter Friday to complain about an apparent mix-up that sent emails addressed to other people into their inboxes.

    Ship traffic, June 25


    Ship traffic Due to arrive today SHIP ...

    Ship traffic Due to arrive today SHIP FROM PORT CSCL Summer Long Beach OAK

    Ship traffic, June 24


    Ship traffic Due to arrive today SHIP ...

    Ship traffic Due to arrive today SHIP FROM PORT APL Columbus San Pedro, L.A.

    Ship traffic, June 23


    Ship traffic Due to arrive today SHIP ...

    Ship traffic Due to arrive today SHIP FROM PORT APL Korea San Pedro, L.A.

    The best places to work in the Bay Area, according to Indeed


    Job hunting site Indeed just rounded up your top picks. The site, which compiles job listings as well as ratings and reviews by current and former employees, looked at the companies with posts in the Bay Area and ranked the top 15 by poring over the...

    Job hunting site Indeed just rounded up your top picks. The site, which compiles job listings as well as ratings and reviews by current and former employees, looked at the companies with posts in the Bay Area and ranked the top 15 by poring over the millions of reviews left for organizations on their company pages nationwide.

    Big retailers make Pride merchandise in places that aren’t LGBT-friendly


    The merchandise has never been more plentiful or easier to find. Tote bags that say “United” from H&M. T-shirts emblazoned with “I Am Proud” from Levi Strauss & Co. An inflatable, rainbow-colored whale from Target — a “Pride Narwhal.” ...

    The merchandise has never been more plentiful or easier to find. Tote bags that say “United” from H&M. T-shirts emblazoned with “I Am Proud” from Levi Strauss & Co. An inflatable, rainbow-colored whale from Target — a “Pride Narwhal.” Pride month has drawn a wide range of big-name retailers offering thematic merchandise timed to the celebration of lesbian, gay, bisexual and transgender rights. But some retailers, including H&M, European fast fashion retailer Primark, Target and Levi Strauss, manufacture their merchandise in countries where it is either illegal to be gay or where persecution is commonplace.

    Business News Roundup, June 22


    Streaming AT&T moves fast to offer channels Will a free streaming service help hook customers? AT&T is about to find out. The...

    Streaming AT&T moves fast to offer channels Will a free streaming service help hook customers? AT&T is about to find out. The company said Thursday that it will offer two wireless plans that include unlimited data and a new streaming service called AT&T WatchTV. For customers on other wireless plans, the service will cost $15 per month. The two plans will be available next week, according to a news release. AT&T announced the offers a week after it completed its acquisition of Time Warner. It now owns TBS, TNT, Cartoon Network and CNN, among other networks.

    Chipotle will test a quesadilla, and a new strategy


    NEW YORK — Tortillas. Meat. Cheese. Salsa. What’s so complicated about a quesadilla? Plenty, for Chipotle Mexican Grill. The restaurant chain announced Thursday that it will add five menu items — quesadillas, nachos, chocolate...

    NEW YORK — Tortillas. Meat. Cheese. Salsa. What’s so complicated about a quesadilla? Plenty, for Chipotle Mexican Grill. The restaurant chain announced Thursday that it will add five menu items — quesadillas, nachos, chocolate milkshakes, avocado tostadas and an updated salad — at its test kitchen in New York City, for eventual rollout nationwide. But while most fast-food companies introduce new products routinely to get people in the door, such changes are antithetical to the deliberately limited menu that built Chipotle into a $13 billion company. Grills must be purchased. The assembly line must be re-choreographed.