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Category: Economy

Target is limiting customers to 10 items at self-c...

While they are convenient and can save retailers money, self-checkout lines can also enable more theft.

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Boeing 737 Max engine issue will take up to a year...

Boeing said its planned fix for an engine issue on all 737 Max jets will delay certification of the 737 Max 7 and Max 10 airliners...

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Dollar stores are hitting hard times amid inflatio...

Dollar General this week said their consumers are struggling. Meanwhile, Family Dollar plans to close 1,000 locations.

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Oakland Taco Bells shutter indoor dining options i...

Four Taco Bell fast-food restaurants in the Oakland, California area are halting indoor dining because of the rising crime rate in...

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3M hires outsider Bill Brown as CEO, shares jump

3M has tapped Bill Brown as its next CEO, betting on an outsider to steer the company through a period of slowing sales and the fa...

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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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