Biden to Release 1M Barrels of Reserved Gasoline For Summer Travel
The Biden administration said Tuesday that will release 1 million barrels of gasoline from a Northeast fuel reserve in an effort to lower consumer prices at the pump this summer.
Senate Report Says Parts Made With China’s Forced Labor Used in Cars by BMW, Jaguar, VW
BMW, Jaguar Land Rover and Volkswagen have purchased parts made by a Chinese company sanctioned under a 2021 law for using forced labor, a Senate inquiry found.
Target to Lower Prices on Thousands of Basic Items
Target to Lower Prices on Thousands of Basic Items
Ivan Boesky, Whose Conviction Helped to Uncover Insider Trading Scandal, Dies at 87
Ivan F. Boesky, the stock trader whose cooperation with the government cracked one of the largest insider trading scandals in Wall Street history, has died at age 87.
Red Lobster Files For Bankruptcy Protection
Red Lobster has filed for Chapter 11 bankruptcy protection.
UAW Loses Effort to Unionize Two Alabama Plants
The United Auto Workers lost an attempt Friday to organize labor at two Mercedes-Benz factories in Alabama, according to results posted on the union's page.
Germany Council Approves Plan by Tesla to Expand Plant Near Berlin
A council in Germany approved a plan by carmaker Tesla to expand the grounds of its first plant in Europe.
Visa Changes Could Mean Fewer Physical Credit Cards
Visa on Wednesday announced major changes to how credit and debit cards will operate in the U.S.
McDonald's Launches New $5 Meal Deal
McDonald's hopes the promotion will bring back customers who were scared away by recent price hikes.
Dow Jones Tops 40K For First Time
Dow Jones Industrial Average topped the 40,000 level for the first time Thursday, as U.S. stocks drifted higher to add to records set a day prior.
Stock Market Rallies For Record Day
Wall Street staged a record-setting rally Wednesday for U.S. stocks.
US Inflation Eased During April; First Monthly Slowdown of 2024
Consumer inflation in the United States cooled slightly in April, after three months of elevated readings, according to the latest Labor Department data.
Walmart Invokes Some Office Layoffs; Requires Others to Relocate
Walmart announced layoffs Tuesday involving several hundred jobs at the retailer's campus offices.
Boeing Violated Deal that Avoided Prosecution After 737 Max Crashes, Justice Department Says
Boeing violated a settlement that allowed the company to avoid criminal prosecution after two deadly crashes involving its 737 Max aircraft more than five years ago.
Federal Safety Agency Investigates Waymo Self-Driving System
The National Highway Traffic Safety Administration has opened another investigation of automated driving systems; this time into crashes involving Waymo's vehicles.