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The jobs report the government will issue Friday is expected to show that December was another healthy month for hiring — a boon for those looking for work but a problem for the Federal Reserve if … more
Stellantis CEO Carlos Tavares says his company has to work to cut costs globally in order to keep electric vehicles affordable for the middle class. Among the cuts are reducing the number of … more
When a futuristic-looking electric Ram pickup truck goes on sale next year, it will hardly be the first in line. By then, at least seven EV competitors are scheduled to be on sale, all of them vying … more
President Joe Biden has signed into law a bill aimed at easing the cost for prisoners to call family and friends. The legislation clarifies that the Federal Communications Commission can set limits … more
The term “metaverse” is the latest buzzword to capture the tech industry’s imagination. Facebook parent Meta is the best-known entrant into this futuristic virtual concept But it’s certainly … more
Mercedes-Benz will build its own worldwide electric vehicle charging network starting in North America in a bid to compete with EV sales leader Tesla. The German luxury automaker said at the CES … more
The average long-term U.S. mortgage rate rose for the second straight week following six weeks of declines that had given prospective homebuyers a glimmer of hope. Mortgage buyer Freddie Mac reported … more
With its flights running on a roughly normal schedule, Southwest Airlines is now turning its attention to repairing its damaged reputation after it canceled 15,000 flights around Christmas and left … more
The Federal Trade Commission is proposing a new rule that would prevent employers from imposing noncompete clauses for workers that prohibit them from joining a competitor, typically for a period of … more
The British government is dangling the prospect of public-sector pay hikes next year in an attempt to end strikes by nurses and ambulance staff. The government on Thursday invited union leaders for … more
Struggling Bed Bath & Beyond warned on Thursday that there’s substantial doubt about the company’s ability to continue as a “going concern” as sales continue to drop and it struggles to … more
A top German official says the government is working on legislation enabling the use of underground carbon storage, a much-discussed technology that he said is preferable to releasing carbon dioxide … more
A huge opioid settlement dragged Walgreens to a $3.7 billion loss in its fiscal first quarter, but the drugstore chain still beat Wall Street forecasts. The company also reaffirmed its earnings … more
Fewer Americans applied for jobless benefits last week, reflecting a still-robust job market despite the Federal Reserve’s efforts to cool the economy and bring down decades-high inflation. … more
Marking its biggest effort yet to make India a global hub for production, use and export of hydrogen, the Indian federal government approved $2.3 billion funding with an aim to grow various segments … more
Hong Kong will start to reopen its border with mainland China on Sunday, allowing tens of thousands of people to cross the border each day under a quarantine-free arrangement. Chief Executive John … more
A high-stakes, yearslong legal battle over a huge lithium mine planned in Nevada is headed back to court in Reno. A federal judge will hear new arguments Thursday from lawyers for the mining company, … more
Shortages of computer chips and other parts continued to hobble the U.S. auto industry last year. That led to sales dropping 8% from 2021 to the lowest level in more than a decade. But there’s good … more
CES is not allowing Russian exhibitors to display their gadgets at the annual tech show because of the country’s invasion of Ukraine. A spokesperson for the Consumer Technology Association, the … more
Tech companies of all sizes are showing off their latest products at CES, formerly known as the Consumer Electronics show. The show is getting back to normal after going completely virtual in 2021 … more
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