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Categories Business

GM offers buyouts to ‘majority’ of U.S. salaried workers

Author March 10, 2023

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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Categories Business

Jerome Powell says Fed is likely to speed up interest rate hikes if the economy keeps roaring

Author March 9, 2023

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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Categories Business

Feds investigating Tesla over complaints that steering wheels are falling off while driving

Author March 9, 2023

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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Categories Business

Justice Department sues to block JetBlue’s acquisition of Spirit Airlines

Author March 9, 2023

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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Categories Business

The hotel tax Biden’s ‘junk fee’ crackdown won’t touch

Author March 9, 2023

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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Categories Business

Despite a hot job market and strong spending, Americans are glum on their finances

Author March 9, 2023

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 in

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Categories Business

Justice Department sues to block JetBlue’s acquisition of Spirit Airlines

Author March 8, 2023

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

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Categories Business

Purely Soothing eyedrops recalled over contamination fears

Author March 8, 2023

The maker of Purely Soothing eyedrops is recalling two lots of the product because they were not sterilized. As of last week,

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Categories Business

Jerome Powell says Fed will likely speed up interest rate hikes if the economy keeps roaring

Author March 8, 2023

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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Categories Business

Toblerone chocolate to cut iconic Matterhorn logo from packaging over ‘Swissness’ laws

Author March 7, 2023

Toblerone chocolate packaging will no longer feature Switzerland’s iconic Matterhorn mountain, as its U.S. owner Mondelez moves some production to Slovakia later this year. The

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