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Business News
Tesla asks shareholders to restore $56B Elon Musk pay package that was voided by Delaware judge
Tesla is asking shareholders to restore a $56 billion pay package for CEO Elon Musk that was rejected by a Delaware judge this year, and to shift the company’s corporate home to Texas
April 17, 2024Data from 73M current, former customers leaked on dark web, AT&T confirms
Some 7.6 million current and 65.4 million former accounts are impacted, it said.
March 30, 2024Surging auto insurance rates squeeze drivers, fuel inflation
Relentlessly rising auto insurance rates are squeezing car owners and stoking inflation
April 24, 2024
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2 hours ago
Fed's preferred inflation gauge shows price pressures stayed elevated last month
A measure of inflation closely tracked by the Federal Reserve remained uncomfortably high in March, likely reinforcing the Fed’s reluctance to cut interest rates anytime soon and underscoring a burden for President Joe Biden’s re-election bid
2 hours ago
2 hours ago
An inflation gauge closely tracked by the Federal Reserve shows price pressures remain elevated
An inflation gauge closely tracked by the Federal Reserve shows price pressures remain elevated
2 hours ago
2 hours ago
Online retailer Shein is latest to face strict European Union digital regulations
Online fast-fashion retailer Shein must face the European Union’s strictest level of digital regulations
2 hours ago
3 hours ago
A Turkish court sentences a Syrian woman to life in prison for a bombing in Istanbul in 2022
Turkey’s state-run news agency has reported that a court sentenced a Syrian woman to life in prison for a deadly explosion on a busy shopping district in Istanbul in 2022
3 hours ago
3 hours ago
Exxon Mobil profit declines in 1st quarter as natural gas prices fall
Exxon Mobil’s profit declined in its first quarter as natural gas prices fell and industry refining margins dropped
3 hours ago
4 hours ago
US probes whether Tesla Autopilot recall did enough to make sure drivers pay attention
The U.S. government’s auto safety agency is investigating whether last year’s recall of Tesla’s Autopilot driving system did enough to make sure drivers pay attention to the road
4 hours ago
4 hours ago
US agency is investigating whether the recall of Tesla Autopilot driving system did enough to ensure drivers attention
US agency is investigating whether the recall of Tesla Autopilot driving system did enough to ensure drivers attention
4 hours ago
April 26
These are the countries where TikTok is already banned
TikTok is banned in a handful of countries and not allowed on government-issued devices in a number of others
April 26
April 26
5 cars from the Beijing auto show that reflect China's vision for the future of driving
China’s vision of the future of the automobile — electrified and digitally connected — is on display at the ongoing Beijing auto show
April 26
April 26
Mining giant Anglo-American rejects BHP's $39 billion takeover offer, says it's 'opportunistic'
U.K.-based mining giant Anglo American has rejected a 31 billion pound ($39 billion) takeover offer from BHP Group, saying it significantly undervalues the company and its growth potential
April 26
April 26
Stock market today: Alphabet and Microsoft push Wall Street toward its first winning week in a month
Alphabet and Microsoft are leading the U.S. stock market toward its first winning week in the last four
April 26
April 26
Journalists critical of their own companies cause headaches for news organizations
Journalists see themselves as truth-tellers, and sometimes as contrarians
April 26
April 26
‘The movement will persist’: Advocates stress Weinstein reversal doesn’t derail #MeToo reckoning
Harvey Weinstein's accusers and their advocates were shocked and angered by an appellate court’s decision to overturn the ex-movie mogul’s 2020 rape conviction
April 26
April 26
Rooting for Trump to fail has made his stock shorters millions
Rooting for Donald Trump to fail has rarely been this profitable
April 26
April 26
Trading Trump: Truth Social's first month of trading has sent investors on a ride
With Donald Trump facing dozens of federal criminal charges and hundreds of millions in legal expenses, Trump Media & Technology Group Corp. went public on the Nasdaq exchange March 26
April 26
April 25
Walmart US CEO talks inflation, self-checkout, and non-college degree workers
The retailer is offering more skills certificates to workers wanting to advance.
April 25
April 25
Tennessee lawmakers adjourn after finalizing $1.9B tax cut and refund for businesses
Tennessee’s GOP-controlled General Assembly has adjourned for the year, concluding months of tense political infighting that ultimately doomed Republican Gov. Bill Lee’s universal school voucher push
April 25
April 25
Selling weight-loss and muscle-building supplements to minors in New York is now illegal
It's now illegal to sell weight-loss and muscle-building supplements to minors in New York
April 25
April 25
Antiwar protesters' calls for divestment at universities put spotlight on how endowments are managed
One of the demands of antiwar protestors on college campuses is for their schools to divest their endowments from companies that are profiting from Israel’s war against Hamas in Gaza
April 25
April 25
Google parent reports another quarter of robust growth, rolls out first-ever quarterly dividend
Google’s corporate parent Alphabet Inc. has released a quarterly report showing it’s still reaping double-digit revenue gains from its digital advertising empire while sowing potentially lucrative new ground in artificial intelligence
April 25
April 25
Microsoft quarterly profit rises 20% as tech giant pushes to get customers using AI products
Microsoft has reported that its profit rose 20% for the January-March quarter as it tries to position itself as a leader in applying artificial intelligence technology to make workplaces more productive
April 25
April 25
Minneapolis smokers to pay some of the highest cigarette prices in US with a $15 per-pack minimum
Smokers in Minneapolis will pay some of the highest cigarette prices in the country after the City Council voted unanimously to impose a minimum retail price of $15 per pack to promote public health
April 25
April 25
Closing prices for crude oil, gold and other commodities
Benchmark U.S. crude oil for June delivery rose 76 cents to $83.57 per barrel Thursday
April 25
April 25
Native American tribes want US appeals court to weigh in on $10B SunZia energy transmission project
Native American tribes and environmentalists want a U.S. appeals court to weigh in on their request to halt construction along part of a $10 billion energy transmission line
April 25
April 25
Net neutrality restored as FCC votes to regulate internet providers
The Federal Trade Commission has voted to restore rules to prevent broadband internet providers such as Comcast and AT&T from favoring some sites and apps over others — for instance, by slowing or blocking certain content or by offering higher speeds t...
April 25
April 25
Mining giant BHP Billiton makes $39 billion bid for Anglo American to expand copper operations
Shares in U.K.-based mining giant Anglo American have surged after it received a 31 billion-pound ($39 billion) takeover bid from rival BHP Billiton
April 25
April 25
BNSF becomes 2nd major railroad to sign on to anonymous federal safety hotline for some workers
BNSF will become the second major freight railroad to allow some of its employees to report safety concerns anonymously through a federal system without fear of discipline
April 25
April 25
Chipotle reverses protein policy, says workers can choose chicken once again
Chipotle says its employees can choose chicken again
April 25
April 25
The TikTok law kicks off a new showdown between Beijing and Washington. What's coming next?
TikTok is gearing up for a legal fight against a U.S. law that would force the social media platform to break ties with its China-based parent company or face a ban
April 25
April 25
Meta Platforms, O'Reilly Automotive fall; Chipotle, TransUnion rise, Thursday, 4/25/2024
Stocks that are trading heavily or have substantial price changes on Thursday: Meta Platforms, O’Reilly Automotive fall; Chipotle, TransUnion rise
April 25
April 25
Average long-term US mortgage rate climbs for fourth straight week to highest level since November
The average long-term U.S. mortgage rate climbed this week to its highest level since late November, another setback for home shoppers in what’s traditionally the housing market’s busiest time of the year
April 25
April 25
Gusts of activity underway by friends and foes of offshore wind energy projects
Supporters of offshore wind energy projects in New Jersey and New York are trading blows with opponents in some shore towns who say vacationers and local residents don't want to see turbines filling the ocean horizon
April 25
April 25
Honda planning to expand its electric vehicle efforts in Canada, Toyota expands in Indiana
Honda plans to invest $11 billion, with the help of joint venture partners, to build out its electric vehicle efforts in Canada as it prepares for future demand in North America for the automobiles
April 25
April 25
April 25
FTC sends $5.6 million in refunds to Ring customers as part of video privacy settlement
The Federal Trade Commission is sending more than $5.6 million in refunds to consumers as part of a settlement with Amazon-owned Ring, which was charged with failing to protect private video footage from outside access
April 25
April 25
U.S. labor secretary says UAW win at Tennessee Volkswagen plant shows southern workers back unions
Acting U.S. Labor Secretary Julie Su says workers at southern auto plants should be free to unionize without employer or political interference, even as some southern states pass new laws meant to inhibit organized labor
April 25
April 25
Seattle Kraken move games to over-the-air broadcaster with streaming on Amazon's Prime Video
The Seattle Kraken will move their games to an over-the-air broadcaster and have a streaming partnership with Amazon’s Prime Video beginning with the 2024-25 season
April 25
April 25
A Chinese ship remains the focus of the investigation into Baltic Sea gas pipeline damaged last year
Authorities in Finland say a Chinese container ship remains the focus of an investigation into what caused damage last year to a Baltic Sea gas pipeline between NATO members Finland and Estonia
April 25
April 25
New rules on coal power plants target pollution 'pushing our planet to the brink,' EPA Administrator Michael Regan says
New rules on coal power plants target pollution 'pushing our planet to the brink,' EPA Administrator Michael Regan says
April 25
April 25
Congo questions Apple over knowledge of conflict minerals in its supply chain
Congo’s government is questioning Apple about the tech company’s knowledge of “blood minerals” from a conflict zone in the African country that could be smuggled into supply chains
April 25
April 25
Amazon cloud computing unit plans to invest $11 billion to build data center in northern Indiana
Amazon’s cloud computing unit Amazon Web Services plans to invest $11 billion to build a data center in northern Indiana that will create at least 1,000 new jobs
April 25
April 25
Union Pacific's first-quarter profit creeps up 1% as railroad limits expenses
Union Pacific's first-quarter profit crept 1% higher and topped Wall Street expectations as the railroad tightened up on expenses even though it delivered slightly less freight
April 25
April 25
US applications for jobless claims fall to lowest level in 9 weeks
Fewer Americans applied for unemployment benefits last week as the labor market continues to hold up despite higher interest rates imposed by the Federal Reserve in its bid to curb inflation
April 25
April 25
US growth slowed sharply last quarter to 1.6% rate, reflecting an economy pressured by high rates
US growth slowed sharply last quarter to 1.6% rate, reflecting an economy pressured by high rates
April 25
April 25
Southwest will limit hiring and drop 4 airports after loss. American Airlines posts 1Q loss as well
American and Southwest airlines both say they lost money in the first quarter, and they're responding by trying to cut costs
April 25
April 25
EU military officer says a frigate has destroyed a drone launched from Yemen's Houthi-held areas
A top European Union top military officer says a frigate that’s part of an EU mission in the Red Sea to protect merchant shipping has destroyed a drone launched from an area in Yemen controlled by Houthi rebels
April 25
April 25
French air traffic controllers cancel a strike but Paris flights are still disrupted
Air passengers traveling to and from Paris have experienced significant disruptions Thursday, despite a decision by air traffic controllers to cancel a strike after last-minute negotiations
April 25
April 25
What do weight loss drugs mean for a diet industry built on eating less, exercise?
New weight loss drugs are reshaping a dieting industry built on eating less and exercising more
April 25
April 25
Strict new EPA rules would force coal-fired power plants to capture emissions or shut down
Environmental Protection Agency Administrator Michael Regan says new rules that would force power plants fueled by coal or natural gas to capture smokestack emissions or shut down are targeting pollution that's “pushing our planet to the brink.”
April 25
April 25
Biden celebrates computer chip factories, pitching voters on American 'comeback'
President Joe Biden has arrived in New York state to celebrate a tech company’s plans to build a campus of computer chip factories made possible in part with government support
April 25