Business

President Joe Biden on Tuesday plans to visit the building site for a new computer chip plant in Arizona, using it as a chance to emphasize how his policies are fostering job growth in what could be a challenge to... Read More

WASHINGTON — The House passed legislation Wednesday to avert a nationwide rail strike, the first step in avoiding an economic calamity at the height of the holiday shopping season. The chamber passed the main resolution in a 290-137 vote, sending... Read More

WASHINGTON — The U.S. Treasury Department has unveiled its initial guidance on the labor requirements that employers must meet in order to qualify for bonus tax benefits for clean energy projects. The guidance announced Tuesday will be published in the... Read More

WASHINGTON — A Senate panel showed a cynical attitude toward a proposed $24.6 billion merger of major grocery chains Kroger Co. and Albertsons Cos. during a hearing Tuesday. The chief executive officers promised consumers would benefit if the Federal Trade... Read More

OMAHA, Neb. (AP) — President Joe Biden on Monday asked Congress to intervene and block a railroad strike before next month’s deadline in the stalled contract talks, and House Speaker Nancy Pelosi said lawmakers would take up legislation this week to impose... Read More

WASHINGTON — When you’re Taylor Swift, things get noticed — even in the halls of Congress. Just days after the reigning pop superstar scored six wins at the 2022 American Music Awards, the Senate subcommittee that handles antitrust and consumer... Read More

Starbucks workers at more than 100 U.S. stores are on strike Thursday in their largest labor action since a campaign to unionize the company’s stores began late last year. The walkouts coincide with Starbucks’ annual Red Cup Day, when the... Read More

WASHINGTON — A letter posted to Twitter’s Slack feed by a company lawyer, detailing the utter chaos the social media outlet has descended into since Elon Musk took control of it, has prompted a rare public rebuke from the Federal... Read More

NEW YORK — The Well News caught up with Philip Morris International’s Chief Executive Officer at the company's soon-to-be former corporate headquarters in midtown Manhattan ahead of its big move to Stamford, Connecticut, beginning Nov. 10. Jacek Olczak appeared to... Read More

WASHINGTON — Holiday retail sales during November and December will grow between 6% and 8% compared to last year, and come in somewhere in excess of $942.6 billion despite stubbornly persistent inflation woes, the National Retail Federation said on Thursday.... Read More

WASHINGTON (AP) — Former President Donald Trump is going to the Supreme Court, again, this time to try to stop his tax returns from being handed to a congressional committee. In an emergency appeal filed Monday, Trump wants the court... Read More

SPARTANBURG, S.C. — BMW Group, long a driver of economic development in South Carolina, has announced it is investing $1.7 billion to dramatically expand its capability to produce electric vehicles in the state. About $1 billion of the investment will... Read More

WASHINGTON — Elon Musk completed his $44 billion buyout of Twitter late Thursday. One of his first acts was to fire top executives of one of the world’s most influential social media companies. The multibillion-dollar company dropped off the New... Read More

WASHINGTON — The U.S. Securities and Exchange Commission on Wednesday finalized a rule that eliminates the right of corporate executives to collect bonuses if there are accounting errors in their companies’ regulatory filings. One of the agency’s motivations is to... Read More

OKLAHOMA CITY — Enel North America, the subsidiary to Italian multinational Enel S.p.A., has opened a new office and training space in midtown Oklahoma City, Oklahoma, capping a decade of rapid growth in the state. According to the company, which... Read More

WILMINGTON, Del. — Elon Musk reversed course Tuesday by saying he plans to proceed with his original $44 billion deal to buy social media giant Twitter Inc. Musk notified the Securities and Exchange Commission of his change of plan in... Read More

LONDON — The CEO of the world's largest furniture retailer said on Monday that all of the company’s home deliveries will be made by electric vehicles as early as 2025 as part of a drive to dramatically reduce its greenhouse... Read More

MINNETONKA, Minn. (AP) — UnitedHealth Group said Monday that it completed its acquisition of Change Healthcare, closing the roughly $8 billion deal a couple weeks after a judge rejected a challenge from federal regulators. UnitedHealth is merging the technology company... Read More

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