Business

WASHINGTON — Days before President Joe Biden is set to sign the bipartisan infrastructure bill into law, a coalition of aviation entities is seeking to put the brakes on a key element of the package —  the expansion of 5G... Read More

General Electric, the storied American manufacturer that struggled under its own weight after growing to become a sprawling conglomerate, will divide itself into three public companies focused on aviation, healthcare and energy. It is the culmination of an arduous, years-long... Read More

WILMINGTON, Del. — Boeing is proposing a $237.5 million lawsuit settlement to end complaints about its troubled 737 MAX airliners but the bigger question is whether the payment will allow the company to fully recover from the crashes that killed... Read More

NEW YORK — Facebook used illegal trade practices to run former competitor and photo app Phhhoto Inc. out of business, officials from the now-defunct company said in a lawsuit filed Thursday. It represents the latest antitrust challenge to the social... Read More

SILVER SPRING, Md. (AP) — Tesla shares slumped in premarket trading on Monday after its CEO Elon Musk said he would sell 10% of his holdings in the electric car maker — more than $20 billion worth by most calculations... Read More

NEW ORLEANS — The 5th U.S. Circuit Court of Appeals on Saturday temporarily blocked a mandate from the Biden administration that businesses with more than 100 employees require them to be vaccinated against the coronavirus by early January. The White... Read More

WASHINGTON – The number of airline flights in the U.S were up 50.4% in August compared to a year earlier, but the pace of recovery of the industry continued to be impacted by the drag on travel caused by the... Read More

WASHINGTON (AP) — America’s employers stepped up their hiring in October, adding a solid 531,000 jobs, the most since July and a sign that the recovery from the pandemic recession may be overcoming a virus-induced slowdown. Friday’s report from the Labor... Read More

WASHINGTON — The Biden administration rolled out a new COVID-19 vaccine mandate Thursday morning, giving large companies until Jan. 4 to ensure that their workforces are fully vaccinated. In a conference call with reporters Wednesday night, a senior administration official... Read More

WASHINGTON — House Speaker Nancy Pelosi announced Wednesday in a Dear Colleague letter that she is requesting paid family and medical leave be added back into Democrats’ proposed Build Back Better framework. After weeks of back-and-forth priority shifting and despite... Read More

WASHINGTON — Senate Majority Leader Chuck Schumer, D-N.Y., announced Tuesday that Democrats have reached a deal on legislation to lower prescription drug prices. "It's not everything we all wanted. Many of us would have wanted to go much further, but... Read More

WASHINGTON — While toy makers warn Christmas shoppers to beware counterfeit or stolen toys in online purchases, a Senate panel on Tuesday examined options for stopping them. The Senate Judiciary Committee also heard about how knockoff online sales are moving... Read More

COVID-19 accelerated the world’s digital transformation, increasing investments in workplace  technology, according to a recently released Pegasystems study on how to “future-proof” the workplace.  IT teams have previously been the driving force behind these investments, but now the entire collaborative... Read More

WASHINGTON — It’s easy to dip one’s toe into the 24-hour news cycle and suppose the breakdown of the nation’s supply chain for incoming and outgoing goods is a west coast phenomena. The truth is, the backlogs have impacted ports... Read More

WASHINGTON — Though it wasn’t the only factor in decision-making, the COVID-19 pandemic appears to have sped up the rate at which local officials rewrote long-standing zoning and permitting rules to allow for home businesses, a new report from the... Read More

NEW YORK — Consumer confidence grew in October, reversing three month of declines due to concerns over the spread of the delta variant of the coronavirus, the Conference Board reported Tuesday. The not-for-profit, non advocacy think tank said its proprietary... Read More

DETROIT (AP) — Hertz announced Monday that it will buy 100,000 electric vehicles from Tesla, one of the largest purchases of battery-powered cars in history and the latest evidence of the nation's increasing commitment to EV technology. The purchase by... Read More

WASHINGTON (AP) — More than six weeks after promising a new vaccination-or-testing rule covering the millions of Americans at companies with 100 or more workers, President Joe Biden's most aggressive move yet to combat the COVID-19 pandemic is almost ready... Read More

WASHINGTON -- If you do a quick Google search for fake Apple Airpods, an almost endless list of options will come up, said Piotr Stryszowski, senior project manager at the Organization for Economic Development and Cooperation, Thursday.  Not only does... Read More

WASHINGTON -- They’ve almost become as ubiquitous as scenes of weathermen and women leaning into the fierce winds of a tropical storm during hurricane season. We refer, of course, to the daily television news footage of a reporter bobbing up... Read More

NEW YORK -- Marie de Foucaud, the brand-building expert and founder of Elovation Consulting, was on a summer road trip with her kids when The Well News called to ask how her global clients strive to improve their reputations and... Read More

WASHINGTON --  In an ideal economy, the nation’s supply chains work something like this: raw materials, finished products and ready-to-assemble merchandise like cars and trucks flow into the nation’s ports. The largest of these ports, those blessed to sit on... Read More

WASHINGTON  -- The Food and Drug Administration late Tuesday authorized the marketing of an electronic cigarette in the United States. A groundbreaking development in a long running debate over the healthfulness of such products. Specifically, the FDA granted the R.J.... Read More

WASHINGTON - When you think about it, they’re everywhere; part of the bedrock of every community in America. They are your local McDonald’s, of course. And the KFC. But they’re also the Ace Hardware Store and the Sport Clips haircutter.... Read More

AUSTIN, Texas — Elon Musk, CEO and product architect of Tesla, Inc., announced Thursday during an annual meeting of stockholders that the company will move its headquarters from Palo Alto, California, to Austin, Texas. Musk is following through on his... Read More

Pfizer asked the U.S. government Thursday to allow use of its COVID-19 vaccine in children ages 5 to 11 in what would be a major expansion that could combat an alarming rise in serious infections in youngsters and help schools... Read More

DETROIT - General Motors and GE Renewable Energy, a subsidiary of the General Electric Co., have signed an agreement to develop supply chains supporting the manufacturing of electric vehicles and renewable energy equipment. What both companies are calling a “non-binding... Read More

JACKSON, Miss. - A rebound in consumer demand for chicken is prompting Tyson Foods to spend $61 million to expand its Vicksburg, Mississippi poultry plant. The company said in a press release that the expansion is part of Tyson Foods’... Read More

WASHINGTON -- When a company buys back its own shares to reduce the amount of available stock in the open market, it benefits investors and decreases market volatility, freeing up capital for companies to better allocate it, according to a... Read More

WASHINGTON -- Consumer spending on Halloween related items is expected to reach an all-time high of $10.14 billion, up from $8.05 billion in 2020, according to a new survey by the National Retail Federation. The federation conducts its annual Halloween... Read More