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Category: Economy

United tells Boeing to stop making the Max 10s the...

United Airlines CEO said Tuesday the airline has asked Boeing to halt production of the hundreds of 737 Max 10s the airline ordere...

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GM lost tax credits on 20,000 EVs due to battery s...

GM said it built about 20,000 EVs this year that didn't qualify for federal EV tax credits due to battery sourcing requirements, b...

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Tyson Foods’ Iowa pork plant to permanently close,...

Tyson Foods announced Monday that it will stop operating its pork plant in Perry, Iowa. The site reportedly has a workforce of mor...

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Actors union president Fran Drescher on SAG-AFTRA'...

Last year, actors and writers walked off the job after contract talks with film and TV producers broke down. Fran Drescher, presid...

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Honda's first electric SUV qualifies for full EV t...

The first EV SUV offering from Honda Motor Company, the Prologue, comes in at a price point that makes it eligible for the full fe...

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Rivian announces two new EV SUV lines, including o...

Rivian’s electric vehicle lineup is getting bigger – including a product line that hadn’t been expected. It said it will make an R...

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NYCB takes more action as CEO works a new business...

New York Community Bank's incoming CEO said Thursday he's planning to present a new business plan in late April after NYCB got a $...

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Embattled bank NYCB lands $1B investment from grou...

Troubled regional lender New York Community Bank announced Wednesday that it secured a $1 billion investment from a group that inc...

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Stocks, bitcoin's bounce, Apple's slide and Costco...

It was a choppy week for U.S. stocks, especially for shares of Apple. But it was a winning week for bitcoin. As for the economy, i...

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More than 63,000 infant swings recalled due to suf...

Parents and caregivers should immediately stop using Jool Baby's Nova Baby swings to help infants sleep, recall notice states.

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Biden wants a $10,000 tax credit for homebuyers. H...

The White House is proposing a "mortgage relief credit" that would give homebuyers an annual tax credit of $5,000 for two years.

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Homeowners in these 10 states saw the biggest gain...

Rhode Island and New Jersey led the nation in highest home equity gains between the end of 2023 and a year earlier, new data shows...

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Target's earnings surge despite holiday sales dip,...

Robust Black Friday and Cyber Monday spending helped drive holiday-quarter sales, the company said, and shoppers gravitated to new...

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Dodge announces first electric muscle car in Charg...

Dodge announced its new lineup of Dodge Chargers which includes two all-electric models — the 2024 Dodge Charger Daytona Scat Pack...

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Apple iPhone sales in China plummet 24% as Huawei ...

Sales of Apple's iPhone plunged 24% year-over-year in China in the first six weeks of 2024 due to stiff competition from rivals, e...

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Bezos knocks Musk out of No. 1 spot on Bloomberg b...

Jeff Bezos on Monday beat out Elon Musk as the wealthiest billionaire. Bloomberg pegged the Amazon founder's net worth at $200 bil...

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Facebook, Instagram service restored after widespr...

Meta Platforms confirmed it was hit with widespread outages worldwide Tuesday morning, with users of Facebook, Instagram, Messenge...

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SEC holds calls with spot bitcoin ETF hopefuls as ...

News of the calls has fueled speculation among some industry participants that the agency could be gearing up to approve applicati...

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Nike forecast cut rattles sportswear stocks as spe...

The company laid out a $2 billion cost-saving plan on Thursday and said it was adopting a "more prudent approach" to planning for ...

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Bristol Myers to buy Karuna Therapeutics for $14B

Karuna’s crown jewel, an experimental drug called KarXT, is the product of such new insights. The drug could surpass $6 billion in...

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