Business

IRVING, Texas — ExxonMobil and Shell are partnering with two Chinese entities — the China National Offshore Oil Corporation and Guangdong Provincial Development and Reform Commission — to evaluate the potential for a world-scale carbon capture and storage project in... Read More

SAN ANTONIO — The pandemic may have been the catalyst for workplaces around the country to adapt and solve common issues experienced before COVID-19 forced companies to change their everyday operations. Although the economy has largely recovered from COVID-19 following... Read More

WASHINGTON — Attendees at the 9th Annual Health Summit held by the U.S. Chamber of Commerce focused on the role of putting the consumer at the center when it comes to the business of health care. “At this point it's... Read More

WASHINGTON — Business groups and corporate lobbyists were among those pushing back hardest as the deadline elapsed Friday on a Securities and Exchange Commission proposal that would require companies for the first time to disclose their carbon emissions and climate... Read More

SEATTLE – Amazon and Cartier filed joint lawsuits against an unnamed social media influencer and eight businesses on Wednesday on claims they advertised, promoted, and facilitated the sale of counterfeit luxury goods through Instagram and other websites. The federal lawsuits,... Read More

DETROIT (AP) — More than 750 Tesla owners have complained to U.S. safety regulators that cars operating on its partially automated driving systems have suddenly stopped on roadways for no apparent reason. The National Highway Traffic Safety Administration revealed the... Read More

WASHINGTON — Facebook CEO Sheryl Sandberg announced she is leaving the company this fall after 14 years. “Fourteen years later, it is time for me to write the next chapter of my life,” she wrote in a Facebook post. “I... Read More

ROSEMOUNT, Minn. – Two Koch companies are partnering to build what they say may be the largest solar installation of its kind in the United States to help power Minnesota’s largest oil refinery. The Flint Hills’ Pine Bend oil refinery... Read More

SAVANNAH, Ga. — Hyundai Motor Group is planning to invest $6.5 billion in a massive electric vehicle factory just south of the city of Savannah. The plans were jointly announced by Gov. Brian Kemp and Hyundai Chairman Char Euisun Chung.... Read More

WASHINGTON — Abbott Nutrition on Friday committed to continue providing rebates in states with which it holds Special Supplemental Nutrition Program for Women, Infants, and Children contracts through August 31 in a bid to ease the ongoing baby formula crisis.... Read More

WASHINGTON — President Joe Biden on Thursday directed his administration to “work urgently” to respond to the major baby formula shortage that has forced families across the United States to rely on others with leftover supplies to swap or sell... Read More

BUFFALO, N.Y. — The regional director for the National Labor Relations Board in Buffalo, New York, filed a complaint last week against Starbucks alleging the coffeehouse company committed a litany of federal labor law violations. Starbucks Workers United alleges the... Read More

CHICAGO — Boeing revealed today that it is relocating its headquarters from Chicago to Arlington, Virginia, and will establish a major research and technology hub at its new location. “We are excited to build our foundation here in Northern Virginia,”... Read More

NEW YORK (AP) — Stocks are slumping on Wall Street, erasing a rally from a day earlier, as markets assess the looming fallout from the Federal Reserve’s stepped-up fight against inflation. On Wednesday, the Fed raised its benchmark interest rate by half... Read More

WASHINGTON — Politicians, Supreme Court protestors, and passersby were all spotted squeezing some Florida sunshine into their day, enjoying free orange juice offered by Florida House’s annual Orange Juice Day giveaway on Capitol Hill Wednesday morning. Each year on May... Read More

WASHINGTON — Approximately 18.8 million people visited the District of Columbia last year, contributing some $5.4 billion to the local economy, but the numbers, released Wednesday as part of the city’s annual Travel Rally at Union Market, still remain significantly... Read More

WASHINGTON — Despite the pent up desire of business travelers to once again attend conferences, conventions or trade shows, the business travel sector continues to struggle in this period of uneven recovery from the lingering, but far less problematic coronavirus... Read More

Tesla CEO Elon Musk stands to be the next owner of Twitter, having pledged roughly $44 billion to buy the social platform and take it private. Assuming that happens, next up on his agenda will be planning how to fulfill his promises... Read More

WASHINGTON — An Iowa Supreme Court ruling on Friday that denied insurance coverage for COVID-19 losses to a golf club and a restaurant appears to be a sign of the times in lawsuits coming out of the pandemic. A day... Read More

WASHINGTON — After a weekend of intense negotiations, Elon Musk has clinched a deal to become the new owner of Twitter, after convincing the company’s board to accept his $44 billion takeover proposal. Under the terms of the deal, Twitter... Read More

WASHINGTON — Control of the Old Post Office Building in Washington, D.C., will be sold to Miami-based investment firm CGI Merchant Group by the end of April when it will become a Hilton-affiliated hotel. The historic building is currently the... Read More

BERGEN, N.Y. — When it comes to wind power turbines, taller really is better. But size dramatically escalates the cost of projects while making some almost logistically impossible. Researchers at GE Renewable Energy recently came up with a solution —... Read More

WASHINGTON — Attorneys for the Washington Commanders are challenging allegations submitted to the Federal Trade Commission that the football team's owner and top management stole ticket revenue they were supposed to share with visiting teams. The team also is accused... Read More

WASHINGTON — The White House on Tuesday announced it is restoring provisions of a 1970 law that requires formal review of projects for their environmental impact before they can go forward. The Trump administration had abolished the need for the... Read More

PEMBROKE, N.H. — The Associated Grocers of New England, the largest retailer-owned, wholesale grocery distribution center in New England, has set a new standard in its commitment to sustainable business practices by covering a large piece of the roof of... Read More

WASHINGTON — Twitter’s board of directors implemented a poison pill to block the potential hostile takeover of the social media company.  The board’s unanimous vote to deploy its so-called poison pill came the day after Elon Musk publicly made an... Read More

WASHINGTON — Three Chinese manufacturers of motorcycles and recreational vehicles must pay a $1.6 million fine after a federal court in Washington, D.C., found they did not comply with U.S. environmental standards. The Environmental Protection Agency imposed the fines on... Read More

WASHINGTON — Apple Inc. Chief Executive Tim Cook is pushing back against a move in Congress to rein in the market dominance of tech giants through antitrust legislation. Cook said during a speech in Washington, D.C., Tuesday that the pending... Read More

WASHINGTON — The Securities and Exchange Commission on March 21 proposed rule changes that would require certain new climate-related disclosures on statements and periodic reports. Among the disclosures would be information about climate-related risks that are reasonably likely to have... Read More

WASHINGTON — The House on Thursday approved a $55 billion COVID-19 relief bill aimed at helping restaurants, bars and other businesses shake off the lingering effects of the now two-year-old pandemic. But even with the rush put on considering the... Read More