Business
WASHINGTON — The Department of Energy is extending a conditional $2.26 billion loan to Lithium Americas Corp. to support its... Read More
WASHINGTON — The Department of Energy is extending a conditional $2.26 billion loan to Lithium Americas Corp. to support its effort to build a lithium carbonate processing plant in Nevada. Once operational, the plant, which will be located in Thacker... Read More
BOWIE, Md. — Blink Charging Co., one of the nation’s fast-growing makers of electric vehicle charging devices, celebrated the grand... Read More
BOWIE, Md. — Blink Charging Co., one of the nation’s fast-growing makers of electric vehicle charging devices, celebrated the grand opening Monday of its 15,000 square-foot global headquarters in Bowie, Maryland. The site, along with a new, 30,000 square-foot LEED... Read More
RICHMOND, Va. (AP) — A top Democratic Virginia lawmaker vowed Wednesday to keep language enabling a proposed relocation by the... Read More
RICHMOND, Va. (AP) — A top Democratic Virginia lawmaker vowed Wednesday to keep language enabling a proposed relocation by the NBA’s Washington Wizards and NHL’s Washington Capitals to Alexandria out of the state budget lawmakers will take up later this... Read More
Candy companies want to know: What will make Americans start chewing gum again? Gum’s bubble burst during the COVID-19 pandemic, when masks... Read More
Candy companies want to know: What will make Americans start chewing gum again? Gum’s bubble burst during the COVID-19 pandemic, when masks and social distancing made bad breath less of a worry and fewer people spent on impulse buys. The number of packages of... Read More
WILMINGTON, Del. — Attorneys who succeeded in getting a Delaware court to void Elon Musk's $55 billion compensation package from... Read More
WILMINGTON, Del. — Attorneys who succeeded in getting a Delaware court to void Elon Musk's $55 billion compensation package from Tesla, Inc. on Friday asked the court for about $6 billion in legal fees. They want most of their money... Read More
WASHINGTON — Former President Donald Trump must pay a penalty of $355 million for fraudulently overstating his wealth, a penalty... Read More
WASHINGTON — Former President Donald Trump must pay a penalty of $355 million for fraudulently overstating his wealth, a penalty that could effectively leave him with little, if any, actual cash on hand. The ruling by Manhattan Supreme Court Justice... Read More
AP — Diamondback Energy will attempt to buy rival Endeavor Energy Resources to create an energy giant in the Southwestern... Read More
AP — Diamondback Energy will attempt to buy rival Endeavor Energy Resources to create an energy giant in the Southwestern United States worth more than $50 billion. Growing confidence in an economic recovery, particularly in the U.S., has driven massive... Read More
WASHINGTON (AP) — The Biden administration on Friday announced the investment of $5 billion in a newly established public-private consortium... Read More
WASHINGTON (AP) — The Biden administration on Friday announced the investment of $5 billion in a newly established public-private consortium aimed at supporting research and development in advanced computer chips. The National Semiconductor Technology Center is being funded through the CHIPS... Read More
WASHINGTON — While there are big differences in how Republicans and Democrats view corporate diversity, equity and inclusion initiatives, voters... Read More
WASHINGTON — While there are big differences in how Republicans and Democrats view corporate diversity, equity and inclusion initiatives, voters of all political stripes take a dim view of government meddling in such programs, a recent survey found. The study,... Read More
WASHINGTON — Walmart is being sued over allegations it charges higher prices for products at the checkout stands than it... Read More
WASHINGTON — Walmart is being sued over allegations it charges higher prices for products at the checkout stands than it advertises on its shelves. The consumer class action lawsuits started in Chicago, Illinois, but are spreading, most recently to a... Read More
ORLANDO, Fla. (AP) — Disney this week requested a second delay in a state court case involving its legal battle with Gov.... Read More
ORLANDO, Fla. (AP) — Disney this week requested a second delay in a state court case involving its legal battle with Gov. Ron DeSantis' appointees over who controls Walt Disney World's governing district, as the company accused them and the governor's office... Read More
The United Airlines CEO says he is “disappointed” in ongoing manufacturing problems at Boeing that have led to the grounding... Read More
The United Airlines CEO says he is “disappointed” in ongoing manufacturing problems at Boeing that have led to the grounding of dozens of United jetliners, and the airline will consider alternatives to buying a future, larger version of the Boeing... Read More
AP — Chesapeake Energy and Southwestern Energy are combining in a $7.4 billion all-stock deal to form one of the... Read More
AP — Chesapeake Energy and Southwestern Energy are combining in a $7.4 billion all-stock deal to form one of the biggest natural gas producers in the U.S. There have been a string of deals in the energy sector, including the... Read More
DAVOS, Switzerland (AP) — Artificial intelligence is easily the biggest buzzword for world leaders and corporate bosses diving into big... Read More
DAVOS, Switzerland (AP) — Artificial intelligence is easily the biggest buzzword for world leaders and corporate bosses diving into big ideas at the World Economic Forum’s glitzy annual meeting in Davos. Breathtaking advances in generative AI stunned the world last... Read More
WASHINGTON (AP) — Business and conservative interest groups that want to limit the power of federal regulators think they have... Read More
WASHINGTON (AP) — Business and conservative interest groups that want to limit the power of federal regulators think they have a winner in the Atlantic herring and the boats that sweep the modest fish into their holds by the millions. In a Supreme... Read More
WASHINGTON — A consumer advocacy group filed a lawsuit Wednesday against Starbucks saying the company falsely labels its coffee and... Read More
WASHINGTON — A consumer advocacy group filed a lawsuit Wednesday against Starbucks saying the company falsely labels its coffee and tea as "100% ethical" despite a history of what it called "slave-like conditions" on farms where the coffee beans and... Read More
HOUSTON — SpaceX sued the National Labor Relations Board Thursday in a lawsuit that seeks to undercut the agency's fundamental... Read More
HOUSTON — SpaceX sued the National Labor Relations Board Thursday in a lawsuit that seeks to undercut the agency's fundamental authority to rule in workplace disputes. SpaceX hit back with the lawsuit one day after the NLRB filed a labor... Read More
WASHINGTON (AP) — The Biden administration is providing $162 million to Microchip Technology to support the domestic production of computer chips —... Read More
WASHINGTON (AP) — The Biden administration is providing $162 million to Microchip Technology to support the domestic production of computer chips — the second funding announcement tied to a 2022 law designed to revive U.S. semiconductor manufacturing. The incentives announced Thursday include $90 million... Read More
WASHINGTON — A popular hypoallergenic infant formula has been voluntarily recalled by its manufacturer due to possible Cronobacter sakazakii contamination.... Read More
WASHINGTON — A popular hypoallergenic infant formula has been voluntarily recalled by its manufacturer due to possible Cronobacter sakazakii contamination. The formula, Nutramigen Hypoallergenic Infant Formula Powder, is manufactured by Reckitt/Mead Johnson Nutrition. According to an alert issued by the... Read More
WASHINGTON — A former co-owner of Washington, D.C.’s, professional football team is suing Bank of America over his allegations that... Read More
WASHINGTON — A former co-owner of Washington, D.C.’s, professional football team is suing Bank of America over his allegations that he was deceived into selling his stake in the Commanders for far less than its value. Tampa, Florida, billionaire Robert... Read More
HOUSTON — The Justice Department on Wednesday sued real estate developers behind a large housing complex outside of Houston the... Read More
HOUSTON — The Justice Department on Wednesday sued real estate developers behind a large housing complex outside of Houston the government has accused of taking advantage of immigrants. Colony Ridge promises the buyers secure housing but the Justice Department says... Read More
WASHINGTON (AP) — President Joe Biden is aiming to use a visit to the battleground state of Wisconsin on Wednesday... Read More
WASHINGTON (AP) — President Joe Biden is aiming to use a visit to the battleground state of Wisconsin on Wednesday to spotlight a surge in federal government support for Black-owned small businesses during his White House tenure and to highlight... Read More
WASHINGTON — Rite Aid, the struggling nationwide drug store chain, got more bad news Tuesday, as federal regulators tagged it... Read More
WASHINGTON — Rite Aid, the struggling nationwide drug store chain, got more bad news Tuesday, as federal regulators tagged it for using facial recognition at its stores that led to scores of women and people of color being wrongly identified... Read More
WASHINGTON — The Justice Department and Federal Trade Commission on Monday released a new set of proposed rules aimed at... Read More
WASHINGTON — The Justice Department and Federal Trade Commission on Monday released a new set of proposed rules aimed at cracking down on mergers and acquisitions that eliminate competition in the marketplace. The new guidelines, which President Joe Biden announced... Read More
U.S. Steel, the Pittsburgh steel producer that played a key role in the nation's industrialization, is being acquired by Nippon... Read More
U.S. Steel, the Pittsburgh steel producer that played a key role in the nation's industrialization, is being acquired by Nippon Steel in an all-cash deal valued at approximately $14.1 billion. The transaction is worth about $14.9 billion when including the... Read More
DETROIT (AP) — Tesla is recalling nearly all vehicles sold in the U.S., more than 2 million, to update software... Read More
DETROIT (AP) — Tesla is recalling nearly all vehicles sold in the U.S., more than 2 million, to update software and fix a defective system that’s supposed to ensure drivers are paying attention when using Autopilot. Documents posted Wednesday by U.S.... Read More
LONGVIEW, N.C. — OneH2, a hydrogen fuel equipment manufacturer, is opening a new production facility in Clover, South Carolina. The... Read More
LONGVIEW, N.C. — OneH2, a hydrogen fuel equipment manufacturer, is opening a new production facility in Clover, South Carolina. The building, which is more than 246,000 square feet, was recently purchased by OneH2 from the Belmont Land and Investment Company... Read More
NEW YORK (AP) — An internal Amazon memo has provided a stark look at the company’s carefully laid out plans... Read More
NEW YORK (AP) — An internal Amazon memo has provided a stark look at the company’s carefully laid out plans to grow its influence in Southern California through a plethora of efforts that include burnishing its reputation through charity work... Read More
WASHINGTON — The Supreme Court appeared divided on Monday over a bankruptcy deal struck by Purdue Pharma that would immunize... Read More
WASHINGTON — The Supreme Court appeared divided on Monday over a bankruptcy deal struck by Purdue Pharma that would immunize the Sackler family, its one-time owners, from civil lawsuits for their role in the opioid crisis. The closely watched case is... Read More
NEW YORK — A New York appeals court panel on Thursday reinstated a pair of gag orders issued in Donald... Read More
NEW YORK — A New York appeals court panel on Thursday reinstated a pair of gag orders issued in Donald Trump’s civil fraud trial that barred the former president from speaking publicly about the judge’s court staff. The two-page decision... Read More