US investigating power-assisted steering failure complaints in older Ram pickup trucks
U.S. auto safety investigators have opened a probe into reports that some older Ram 1500 pickup trucks can lose their power-steering assistance with little or no warning
2023-08-08 23:59
Judge rules that Southwest failed to follow his order in a flight attendant's free-speech case
A federal judge is heaping sanctions on Southwest Airlines for, he says, failing to follow his orders in a case involving a fired flight attendant's free-speech rights
2023-08-08 23:23
Soaring sales of diabetes drug Mounjaro, widely used for weight loss, sends Eli Lilly to new heights
Eli Lilly’s diabetes treatment Mounjaro, which is widely used for weight loss, raked in nearly $1 billion in second-quarter sales, or more than $200 million above what Wall Street had expected
2023-08-08 22:15
Italy proposes bank tax to help people with interest rate hikes, sending stocks plunging
Italian bank stocks have plunged after the Cabinet approved a proposal to apply a temporary tax on some 2023 bank profits
2023-08-08 21:29
Campbell Soup will buy maker of Rao's sauces for $2.7 billion
Campbell Soup is set to buy Sovos Brands, the maker of Rao’s pasta sauces
2023-08-08 21:18
FAA warns of safety hazard from overheating engine housing on Boeing Max jets during anti-icing
U.S. regulators are warning airlines about a new risk on Boeing 737 Max jets
2023-08-08 20:50
Nonprofits are lobbying a lot less than two decades ago, according to new research
A generation ago nonprofit organizations regularly lobbied for legislation and served as advocates on issues
2023-08-08 20:21
UPS lowers 2023 revenue expectations, citing tentative labor deal with 340,000 unionized workers
Revenue declined at UPS in the second quarter and the package delivery company lowered its full-year revenue expectations by $4 billion, primarily due to a tentative labor contract reached late last month with its 340,000 unionized workers
2023-08-08 19:56
Japan's tech investor SoftBank trims losses and promises offensive turnaround
Japanese technology company SoftBank Group continued to rack up losses for the fiscal first quarter as technology investments soured amid a market downturn
2023-08-08 17:59
Stock market today: Global markets lower ahead of US inflation update
Global stock markets and Wall Street futures are lower ahead of this week's U.S. inflation update
2023-08-08 17:25
US inflation has steadily cooled. Getting it down to the Fed's target rate will be the toughest mile
Over the past year, inflation in the United States has tumbled from 9% all the way to 3%, softening most of the price pressures that have gripped the nation for more than two years
2023-08-08 17:16
Biden to announce historic Grand Canyon monument designation during Arizona visit
President Joe Biden will use his visit to Arizona to formally announce a national monument designation for the greater Grand Canyon
2023-08-08 15:52