Browsing: Business
Mercedes-Benz is recalling more than 24,000 vehicles due to an issue with the drive shaft universal joint, which may unexpectedly break, according to the National Highway Traffic Safety Administration (NHTSA). The…
JPMorgan Chase CEO Jamie Dimon on Tuesday urged US lawmakers to vote in Kevin Warsh as Federal Reserve Chair as soon as possible, while Treasury Secretary Scott Bessent voiced confidence…
United Airlines CEO Scott Kirby pitched a blockbuster merger with rival American Airlines during a White House meeting with President Trump, according to a report. The proposal came during a…
Department store chain Macy’s is set to shutter 14 store locations around the country, two of which are in California. The chain — which was founded in 1858 — is…
America’s biggest banks reported their strongest first-quarter profits in years, driven by a surge in trading — but JPMorgan Chase CEO Jamie Dimon warned the US economy faces a growing…
US utilities are planning to spend a record $1.4 trillion on the power grid to keep up with the demands of power-hungry data centers – and the investment could hike…
ABC News — home to “Good Morning America,” “World News Tonight” and “The View” — is getting hit with roughly a dozen layoffs amid broader cuts at parent-Disney, according to…
Ford CEO Jim Farley said Chinese automakers should not be allowed to sell their vehicles in the US – warning the competition would decimate domestic car brands. In his gravest…
Amazon said Tuesday it would acquire Globalstar in an $11.57 billion deal, bolstering its fledgling satellite business as it tries to catch up with Elon Musk’s Starlink. Tech companies are pouring in…
The Walt Disney Company’s new chief executive announced in an early morning email Tuesday that the entertainment giant would slash 1,000 jobs in the latest blow to a major Hollywood…