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Ford Motor Co. made $1.76 billion last quarter, swinging into the black from a $3.1 billion net loss for the same period a year ago. Excluding one-time items, Ford made 44 cents per share. That beat … more
Workers at a Pennsylvania chocolate factory smelled rotten eggs before a powerful natural gas explosion that leveled one building and heavily damaged another, killing seven people. That's according … more
Oregon Secretary of State Shemia Fagan has announced her resignation amid sharp criticism from both Republicans and Democrats for having moonlighted as a highly-paid consultant to a marijuana … more
Regulators have barely written the epitaph for First Repbulic Bank, but investors on Wall Street have already moved onto speculating which bank might be the next to fail. Bank stocks fell sharply … more
Shares of the education technology company Chegg have lost about half their value in a single day. The sell-off came Tuesday after Chegg's CEO warned that OpenAI’s free ChatGPT service was cutting … more
A Memphis television station says a shot was fired at its building, but no one was wounded. WHBQ, the Fox affiliate in Tennessee’s second-largest city, reported that the shot was fired at about … more
Facing the risk of a government default as soon as June 1, President Joe Biden has invited the top four congressional leaders to a White House meeting for talks next week. It’s a first concrete … more
The Biden administration has requested 1,500 troops for the U.S.-Mexico border amid an expected migrant surge following the end of pandemic-era restrictions. That's according to three administration … more
Opponents of a law that would raise the retirement age in France from 62 to 64 are making last-ditch plans to prevent the change. The country’s main labor unions on Tuesday called for another round … more
U.S. job openings fell in March to the lowest level in nearly two years, a sign that the American labor market is cooling in the face of higher interest rates. Employers posted 9.6 million vacancies … more
Geoffrey Hinton, the man widely considered as the “godfather” of artificial intelligence, has left Google — with a message sharing his concerns about potential dangers stemming from the same … more
European Union law enforcement agency Europol says police around the world have seized an online marketplace and arrested nearly 300 people allegedly involved in buying and selling drugs on the dark … more
Pfizer topped Wall Street expectations even as sales of its top-selling COVID-19 vaccine crumbled in the first quarter. The company reported Tuesday that revenue from its Comirnaty vaccine fell 77% … more
The average historically Black college and university received 178 times less funding from foundations than the average Ivy League school in 2019, according to a new report on the underfunding of … more
Even before he joined Lyft’s board in 2021, David Risher had taken hundreds of trips as a passenger so he felt like he knew a lot about the ride-hailing service. But he never expected to be thrust … more
British energy giant BP has posted strong quarterly profit numbers even as energy prices that soared after Russia’s war in Ukraine last year have eased off. London-based BP said Tuesday that it … more
Europe’s painful inflation inched higher last month, extending the squeeze on households and keeping pressure on the European Central Bank to unleash another large interest rate increase. The … more
Asian shares are mixed with some markets closed or anticipating holidays and investors showing muted reaction to the latest U.S. banking failure. The Nikkei 225 edged up 0.1% in afternoon trading … more
Qantas says its chief financial officer Vanessa Hudson will become its next chief executive. Hudson has been with the Australian airline in various roles for 28 years and will replace Alan Joyce in … more
Chinese electric car exporters are starting to compete with global brands in their home markets. They bring fast-developing technology and low prices that Tesla's chief financial officer says “are … more
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