DETROIT — General Motors will offer voluntary buyouts to a “majority” of its 58,000 U.S. white-collar employees, as it aims to cut $2 billion in…
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Business
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Business
American Airlines CEO tells pilots the carrier is prepared to increase pay to up to $590,000 per year
American Airlines is prepared to raise pilot pay to match that of Delta’s, including 40% cumulative increases in a potential four-year deal, CEO Robert Isom said in…
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Reese’s Peanut Butter Cups are getting the vegan treatment. The Hershey Co. said Tuesday that Reese’s Plant Based Peanut Butter Cups, which…
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The Justice Department sued Tuesday to block JetBlue Airways’ $3.8 billion proposed takeover of budget carrier Spirit Airlines, the Biden administration’s latest attempt to…
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Business
Jerome Powell says Fed is likely to speed up interest rate hikes if the economy keeps roaring
Federal Reserve Chairman Jerome Powell told lawmakers Tuesday that policymakers may have to speed up their interest rate hikes to tame high…
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If you don’t quite know how to feel about the U.S. economy at the moment, you’re not alone. The highest inflation rates…
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Business
Feds investigating Tesla over complaints that steering wheels are falling off while driving
U.S. auto safety regulators have opened an investigation into Tesla’s Model Y SUV after getting two complaints that the steering wheels can…
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Ever check out of a hotel and notice a “transient occupancy tax” on your bill? Unfortunately for your wallet, the Biden administration’s…
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Business
Jerome Powell says Fed will likely speed up interest rate hikes if the economy keeps roaring
Federal Reserve Chairman Jerome Powell told lawmakers Tuesday that policymakers may have to speed up their interest rate hikes to tame high…
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The Justice Department on Tuesday sued to block JetBlue Airways’ $3.8 billion proposed takeover of budget carrier Spirit Airlines, the Biden administration’s latest attempt…