Amazon shares climbed more than 3% in intraday trading on Wednesday, pushing the company’s market cap past $2 trillion for the first time.…
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Business
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Even while carrying $1.13 trillion in credit card debt, many Americans are still willing to splurge on travel and entertainment. But this summer it will…
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Volkswagen plans to invest up to $5 billion in electric vehicle startup Rivian, starting with an initial investment of $1 billion. The additional $4…
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DETROIT (AP) — Tesla is recalling its futuristic new Cybertruck pickup for the fourth time in the U.S. to fix problems with trim pieces…
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Sixteen Nobel Prize-winning economists signed a joint letter Tuesday warning of what they see as economic risks if former President Donald Trump were to serve…
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More than 21 million Miniverse “Make It Mini” sets by California toymaker MGA Entertainment are being recalled because of potentially hazardous resins,…
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Business
Treasury Secretary Yellen announces $100M affordable housing fund as shelter costs weigh on Biden
Treasury Secretary Janet Yellen on Monday unveiled a new slate of financing initiatives to support housing development, including a $100 million fund specifically for affordable housing.…
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Hooters said Monday that it’s closing ‘a select’ number of underperforming restaurants, the latest casual dining chain to announce shutdowns amid broader…
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A company responsible for producing ice cream products for several popular brands, including Hershey’s, Jeni’s and Friendly’s, has issued a recall because…
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Business
Novo Nordisk to build $4.1 billion North Carolina facility to boost output of Wegovy, Ozempic
Novo Nordisk on Monday said it will spend $4.1 billion to build a new manufacturing plant in Clayton, North Carolina, in a bid…