Business

DALLAS (AP) — The government's antitrust lawsuit against American Airlines and JetBlue begins Tuesday and the outcome could determine how closely the Biden administration examines other airline deals, including JetBlue's pending attempt to buy Spirit Airlines. The Justice Department and... Read More

WASHINGTON — Boeing Co. agreed last week to pay $200 million in fines to settle Securities and Exchange Commission allegations that it deceived investors about the safety of the 737 Max airliner after two deadly crashes. Company executives told investors... Read More

SAVANNAH, Ga. (AP) — U.S. Sen. Raphael Warnock, D, Ga., urged the U.S. Treasury secretary Friday to use “maximum flexibility” in implementing a revised tax credit for Americans buying electric vehicles, a perk that Hyundai stands to lose as the... Read More

NEW YORK (AP) — Former President Donald Trump padded his net worth by billions of dollars and habitually misled banks and others about the value of prized assets like golf courses, hotels and his Mar-a-Lago estate, New York’s attorney general... Read More

CHARLOTTE, N.C. — Family Dollar is initiating a voluntary product recall of Colgate mouthwash and toothpaste that were shipped and stored in multiple states outside of the products’ labeled temperature requirements. All of the products are subject to Food and... Read More

WASHINGTON — President Joe Biden made a last-minute addition to his public schedule on Thursday, inviting railroad and union leaders to the White House to celebrate their averting a nationwide strike that could have crippled the U.S. economy. Many of... Read More

WASHINGTON (AP) — President Joe Biden said Thursday that a tentative railway labor agreement has been reached, averting a strike that could have been devastating to the economy before the pivotal midterm elections. Railroads and union representatives had been in negotiations for 20... Read More

WASHINGTON — As President Joe Biden continued to press union leaders and rail companies to make a deal and avert a national railroad strike as of 12:01 a.m. on Friday, the White House is working on contingencies to reduce the... Read More

ANNAPOLIS, Md. — Maryland's high court is expected to rule soon on whether insurers for corporations whose businesses suffered because of the COVID-19 pandemic must cover the lost income. On Friday, the Maryland Court of Appeals heard arguments from fashion... Read More

WASHINGTON (AP) — President Joe Biden wants to put the spotlight on a rare bipartisan down payment on U.S. manufacturing when he visits Ohio on Friday for the groundbreaking of a new Intel computer chip facility. Biden heads to suburban Columbus to... Read More

WASHINGTON (AP) — A panel of federal health advisers voted Wednesday to recommend approval for an experimental drug to treat Lou Gehrig’s disease, a remarkable turnaround for the much-debated medication that was previously rejected by the same group earlier this year. The... Read More

DALLAS (AP) — Drugstore operator CVS Health Corp. said Monday that it will buy home-health provider Signify Health for $8 billion. CVS said Signify has more than 10,000 employees including physicians and nurses, a presence in every state, and offers... Read More

ANDERSON, S.C. — Robert Bosch, the German engineering giant, is investing $200 million in an existing plant in South Carolina to transform it into the company’s first North American site producing hydrogen-powered fuel stacks for future electric vehicles. The fuel... Read More

WASHINGTON — The Federal Trade Commission is suing the online roommate and housing application Roomster for allegedly profiting to the tune of $27 million from fake reviews and fraudulent listings, it announced Tuesday. “Roomster polluted the online marketplace with fake... Read More

CAMBRIDGE, Mass. — Pharma giant Moderna sued Pfizer and BioNTech on Friday, claiming that their popular COVID vaccine was copied from groundbreaking science Moderna performed. In a statement posted on its website, Moderna said Pfizer and BioNTech infringed on patents... Read More

HOUSTON — 1PointFive and Manulife Investment Management have entered into a lease agreement for approximately 27,000 acres of timberland in western Louisiana for a carbon capture and sequestration project. The agreement provides 1PointFive with access to subsurface pore space and... Read More

HOUSTON — Phillips 66 and Zurich, Switzerland-based H2 Energy Europe have entered into a 50-50 joint venture to set up and operate a network of hydrogen refueling retail sites in Germany, Austria and Denmark. The new venture, to be called... Read More

WASHINGTON — The Biden administration will reportedly convene a meeting on Aug. 30 with state health officials and executives from the drug and pharmacy industries to lay the groundwork for transferring greater control of pricing and coverage for COVID-19 shots... Read More

NEW YORK (AP) — The chief financial officer of Donald Trump's company, Allen Weisselberg, is expected to plead guilty to tax violations Thursday in a deal that would require him to testify about illicit business practices at the Trump Organization, two people... Read More

WASHINGTON (AP) — Democrats have pulled off a quiet first in their just-passed legislation addressing climate change and health care: the creation of a tax on stock buybacks, a cherished tool of Corporate America that had long seemed untouchable. Under the bill... Read More

WASHINGTON — The Federal Communications Commission officially denied applications from SpaceX to deploy Starlink satellites to help bridge the broadband gap and from another company, LTD Broadband, that would expand its wireless internet. “After careful legal, technical and policy review,... Read More

WASHINGTON (AP) — Former President Donald Trump will be questioned under oath Wednesday in the New York attorney general’s long-running civil investigation into his dealings as a real estate mogul, he confirmed in a post on his Truth Social account. Trump’s testimony comes amid... Read More

CLEVELAND (AP) — In a world increasingly troubled by the persistent harm that plastic — manufactured in petrochemical plants — has had on the environment, companies are investing billions of dollars to ramp up production of plastics made from natural,... Read More

Pfizer will spend about $5.4 billion to buy Global Blood Therapeutics as the pharmaceutical giant continues to invest some of the cash influx reaped during the COVID-19 pandemic. Pfizer said Monday that the acquisition will boost its capabilities in rare... Read More

WASHINGTON — More than seven in 10 employers are looking to hire talent for sustainability related initiatives over the next two years according to a study by NTUC LearningHub, which also found that the demand for specialized talent in the... Read More

WASHINGTON — Rep. Frank Pallone, Jr., D-N.J., chairman of the House Energy and Commerce Committee ripped into four major oil companies who reported record high profits in the first half of the year as consumers continued to suffer sticker shock... Read More

WASHINGTON (AP) — As the Justice Department bids to convince a federal judge that the proposed merger of Penguin Random House and Simon & Schuster would damage the careers of some of the most popular authors, it is leaning in part on... Read More

WASHINGTON — The proposed antitrust legislation aimed at large online companies in the Senate hinges on the courts to enforce the potential law to stop big online platforms from self-preferencing by placing their products and services first, which will open... Read More

WASHINGTON — The Senate voted Tuesday to advance a $52 billion bill that would subsidize and provide incentives for computer chip production in the United States. The procedural vote to end debate on the CHIPS Act means a final vote... Read More

WASHINGTON — A shortage of one essential material could curtail America’s transition to new sources of clean energy according to a new report from S&P Global. The world’s copper supply is unlikely to be able to meet demand for all... Read More