Category: Business News

Ford says it will increase production of six models through the year as the company and the auto industry start to rebound from sluggish U.S. sales in 2022

Boeing’s CEO is missing out on a $7 million bonus because the company’s new large jet is behind schedule

The online counseling service BetterHelp has agreed to return $7.8 million to customers to settle with the Federal Trade Commission for sharing with companies including Facebook and Snapchat health data it had promised to keep private

Amazon is pausing construction of its second headquarters in Virginia following the biggest round of layoffs in the company’s history and the its shifting plans around remote work

Tesla says it will cut the cost of its next generation of vehicles in half, largely by using innovative manufacturing techniques and smaller factories

Residents of low-income New Jersey communities that would get a second gas-fired power plant are urging the governor to stop the project

Shipping companies have agreed to pay nearly $97 million to settle a lawsuit with a pipeline operator over a 2021 oil spill off the coast of Southern California

The latest earnings reports from Macy’s and Best Buy show that consumers are still cutting back their spending on clothing and gadgets as inflationary pressures on everything from food to gas are straining household budgets

Experts say changing and increasingly severe weather patterns and an electrical infrastructure designed for a different time and climate can be blamed for power outages that left more than 800,000 Michigan homes and businesses in the dark over several days

Federal officials are suing a Louisiana chemical maker, alleging that it presented an unacceptable cancer risk to the nearby majority-Black community and demanding cuts in toxic emissions

The U.S. Department of Energy will provide $375 million in loans to a battery recycling company to build its first, and one of the first, lithium ion battery recycling plants in North America

Stellantis is moving closer to closing its factory in Belvidere, Illinois, as it prepares for the costly transition from internal combustion to electric vehicles