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Business News
House backs measure to overturn Biden auto emissions rule that Republicans say would force EV sales
The Republican-controlled House approved a resolution Friday that would overturn a new Biden administration rule on automobile emissions that Republicans say would force Americans to buy unaffordable electric vehicles they don’t want
9/20/2024 12:30:12 EDTBrazil drought punishes coffee farms and threatens to push prices even higher
Brazilian coffee farmers are grappling with above-average temperatures as the country, the world’s largest coffee producer, faces its worst drought in more than seven decades
September 20, 2024Oracle settles suit over tracking your data. How to file a claim
In a $115 million settlement, while admitting no wrongdoing, tech behemoth Oracle has agreed to settle a class action lawsuit over allegations it tracked consumer activity both on and offline
September 13, 2024
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28 minutes ago
A strike by Boeing factory workers shows no signs of ending after its first week
Boeing has started rolling furloughs of nonunion employees as a week-old labor strike by 33,000 union machinists shows no signs of ending
28 minutes ago
2 hours ago
Were warning signs ignored? Things to know about this week's testimony on the Titan sub disaster
Last year, five people hoping to view the Titanic wreckage died when their submersible imploded in the Atlantic Ocean
2 hours ago
2 hours ago
Fed's rate cut sends stocks to record highs. Where are markets headed from here?
The S&P 500 and the Dow vaulted to record highs one day after the rate cut.
2 hours ago
3 hours ago
House backs measure to overturn Biden auto emissions rule that Republicans say would force EV sales
The Republican-controlled House approved a resolution Friday that would overturn a new Biden administration rule on automobile emissions that Republicans say would force Americans to buy unaffordable electric vehicles they don’t want
3 hours ago
September 20
Trump Media plummets to new low on the first trading day the former president can sell his shares
Shares of Trump Media have slumped to new lows on the first trading day that its biggest shareholder, former President Donald Trump, is free to sell his stake in the company behind the Truth Social platform
September 20
September 20
AI may breathe new life into Three Mile Island to supply power to Microsoft's data centers
The owner of the shuttered Three Mile Island nuclear power plant says it plans to restart the reactor under a 20-year agreement that calls for tech giant Microsoft to buy the power to supply its data centers
September 20
September 20
Passenger on a previous Titan submersible dive testified his mission was aborted underwater due to apparent malfunction
Passenger on a previous Titan submersible dive testified his mission was aborted underwater due to apparent malfunction
September 20
September 20
GM recalling more than 449,000 SUVs, pickups due to issue with low brake fluid warning light
General Motors is recalling more than 449,000 of its SUVs and pickup trucks because the electronic brake control module software may fail to display a warning light when a loss of brake fluid takes place
September 20
September 20
Will the Fed cut interest rates again this year? Experts weigh in.
The Fed delivered a large interest rate cut this week.
September 20
September 20
Seeking to counter China, US awards $3 billion for EV battery production in 14 states
The Biden administration is awarding $3 billion to U.S. companies to boost domestic production of advanced batteries and other materials used for electric vehicles, part of a continuing push to reduce China’s global dominance in battery production
September 20
September 20
EU pledges to loan Ukraine up to $39 billion to help rebuild its economy and power grid
The European Union is ready to lend Ukraine up to $39 billion as part of a loan package organized by the Group of Seven major industrial nations
September 20
September 20
Turkey wants to regulate Germany's beloved döner kebab street food
The döner kebab is beloved in Berlin
September 20
September 20
Brazil drought punishes coffee farms and threatens to push prices even higher
Brazilian coffee farmers are grappling with above-average temperatures as the country, the world’s largest coffee producer, faces its worst drought in more than seven decades
September 20
September 20
Stock market today: Wall Street hovers around records as FedEx slumps
U.S. stocks are hovering around the records they set the day before during a worldwide rally
September 20
September 20
Protests ousted Sri Lanka's last president. Ahead of new election, many are still waiting for change
Two years ago, tens of thousands of Sri Lankans rose up against their president and forced him to flee the country
September 20
September 20
Passenger on a previous Titan sub dive says his mission was aborted due to apparent malfunction
A paid passenger on an expedition to the Titanic with the company that owned the Titan submersible testified before a U.S. Coast Guard investigatory panel Friday that the mission he took part in was aborted due to an apparent mechanical failure
September 20
September 19
A fire that burned for four days after pipeline explosion in a Houston suburb has finally gone out, city officials say
A fire that burned for four days after pipeline explosion in a Houston suburb has finally gone out, city officials say
September 19
September 19
Nike names Elliott Hill as CEO, replacing John Donahoe
Nike Inc. has named Elliott Hill as its president and CEO effective, replacing John Donahoe, who will retire next month
September 19
September 19
Civil rights groups call on major corporations to stick with DEI programs
A broad group of civil rights organizations are calling on the CEOs and board members of major companies to maintain their commitments to diversity, equity and inclusion initiatives
September 19
September 19
US agency review says Nevada lithium mine can co-exist with endangered flower
Federal land managers have completed a final environmental review of a proposed Nevada lithium mine they say would help supply minerals critical to electric vehicles and a clean energy future while still protecting an endangered wildflower
September 19
September 19
No decision made by appeals court in elections betting case
Betting on elections remains on hold after a federal appeals court did not issue a decision Thursday in a case involving whether such bets should be allowed
September 19
September 19
23andMe directors resign as the CEO of the genetic-testing company seeks to take it private
All of 23andMe’s independent directors have resigned from its board in a rare move that marks the latest challenge for the genetic-testing company
September 19
September 19
This fund has launched some of the biggest names in fashion. It's marking 20 years
Before they were household names, many top U.S. designers got their start at The Council of Fashion Designers of America/Vogue Fashion Fund
September 19
September 19
How major US stock indexes fared Thursday, 9/19/2024
Wall Street leapt to record highs as delayed jubilation swept across markets worldwide following the Federal Reserve’s big cut to interest rates
September 19
September 19
Wall Street jumps to record highs as global markets cheer Fed rate cut
Wall Street jumps to record highs as global markets cheer Fed rate cut
September 19
September 19
Apple begins testing AI software designed to bring a smarter Siri to the iPhone 16
Apple is giving more people the chance to test a software update that will implant artificial intelligence into its virtual assistant Siri and automate a variety of tedious tasks on the latest iPhone coming out Friday
September 19
September 19
Biden says Fed made 'declaration of progress' with interest rate cut
President Joe Biden is celebrating the Federal Reserve’s decision to lower interest rates by saying it shows that inflation has eased
September 19
September 19
At Google antitrust trial, documents say one thing. The tech giant's witnesses say different
The judge who will decide whether Google holds a monopoly over technology that matches buyers and sellers of online advertising must choose whether to believe what Google executives wrote or what they’ve said on the witness stand
September 19
September 19
Titan submersible's scientific director testifies that the sub malfunctioned just prior to the fatal Titanic dive
Titan submersible's scientific director testifies that the sub malfunctioned just prior to the fatal Titanic dive
September 19
September 19
A fire that burned for 4 days after Texas pipeline explosion has finally gone out
A fire that burned for four days after a pipeline explosion in the Houston suburbs burned out Thursday after the once-towering blaze put hundreds of nearby homes under evacuation orders
September 19
September 19
Oregon governor uses new land use law to propose rural land for semiconductor facility
Oregon Gov. Tina Kotek is using a new land use law to propose rural land for a semiconductor facility
September 19
September 19
What does the rate cut mean for mortgages and homebuyers?
The Fed delivered a jumbo-sized rate cut this week.
September 19
September 19
Nearly 138,000 beds are being recalled after reports of them breaking or collapsing during use
Nearly 138,000 platform beds sold at major retailers including Amazon and Walmart are being recalled across the U.S. and Canada
September 19
September 19
Average rate on a 30-year mortgage falls to 6.09%, lowest level since February 2023
The average rate on a 30-year mortgage in the U.S. edged closer to 6% this week and is now at its lowest level since early February 2023
September 19
September 19
Average rate on 30-year mortgage falls to 6.09%, according to Freddie Mac, hovering at lowest level since February 2023
Average rate on 30-year mortgage falls to 6.09%, according to Freddie Mac, hovering at lowest level since February 2023
September 19
September 19
US Senate panel OKs action against Steward Health Care CEO for defying subpoena
Members of a Senate committee looking into the bankruptcy of Texas-based Steward Health Care have adopted two resolutions designed to hold CEO Ralph de la Torre in contempt for not testifying before the panel
September 19
September 19
Olive Garden teams up with Uber Direct to offer delivery
Olive Garden is teaming up with Uber to offer delivery for the first time
September 19
September 19
Doctors and first responders are among those who still use pagers
Electronic pagers that were status symbols in the 1990s are used for communication precisely because they are old school
September 19
September 19
JetBlue to follow rivals by opening airport lounges
JetBlue Airways plans to open its first airport lounges as part of a plan to get more business from premium travelers
September 19
September 19
US home sales fell in August despite easing mortgage rates, more homes on the market
Sales of previously occupied U.S. homes fell in August to the slowest annual pace in nearly a year even as mortgage rates eased and the supply of properties on the market kept rising
September 19
September 19
Sales of previously occupied US homes hit slowest annual pace in nearly a year last month despite falling mortgage rates
Sales of previously occupied US homes hit slowest annual pace in nearly a year last month despite falling mortgage rates
September 19
September 19
European Union moves to compel Apple to open up operating system to rival tech
The European Union says it will outline steps to compel Apple to open up its iPhone and iPad operating systems to competing technologies under the bloc’s tough new digital rulebook, which threatens hefty fines for breaches
September 19
September 19
A volunteer network of interpreters wants to make refugees' languages more accessible. Will AI help?
Refugees navigating resettlement often face a shared hurdle: poor machine translations and a short supply of interpreters knowledgeable in their less-serviced languages
September 19
September 19
Weekly applications for US jobless benefits fall to the lowest level in 4 months
The number of Americans applying for unemployment benefits fell to their lowest level in four months last week
September 19
September 19
Weekly applications for U.S. jobless benefits fall to the lowest level in 4 months
Weekly applications for U.S. jobless benefits fall to the lowest level in 4 months
September 19
September 19
EU chief travels to Kyiv with promise of fresh energy funds to get Ukraine through winter
European Union chief Ursula von der Leyen is traveling to war-ravaged Ukraine with the promise of 160 million euros in fresh energy funds to get the nation through the winter
September 19
September 19
Bank of England keeps its main interest rate on hold at 5% in wake of big US Fed rate cut
Bank of England keeps its main interest rate on hold at 5% in wake of big US Fed rate cut
September 19
September 19
Report finds a faulty component could have caused 'extensive damage' to Cathay Pacific jet
Hong Kong's air safety authority has found that a defect in an engine component of a Cathay Pacific Airways Airbus A350 that forced a Zurich-bound flight to return to Hong Kong could have caused “extensive damage” to the aircraft
September 19
September 19
Bank of England keeps its main interest rate on hold at 5% in wake of big US Fed rate cut
The Bank of England is keeping its main interest rate unchanged at 5% despite a big cut from the U.S. Federal Reserve, its first since the onset of the coronavirus pandemic more than four years ago
September 19
September 19
Fruit and seafood are the latest front in escalating Taiwan-China tensions
Taiwan says China’s ban on imports of its fruit, vegetables, seafood and other goods violate trade rules, in the latest ratcheting up of tensions between the self-governing island republic and its massive neighbor, which has vowed to annex Taiwan by force
September 19