Business News

  • VW workers vote on joining union

    DETROIT -- The United Auto Workers' drive to expand its reach to nonunion factories across the South and elsewhere faced a key test Friday, when workers at a V…

  • US tightens rules on oil, gas leasing in Alaskan reserve

    JUNEAU, Alaska -- The Biden administration said Friday it will restrict new oil and gas leasing on 13 million acres of a federal petroleum reserve in Alaska to…

  • Fed rethinking rate-cut strategy

    A string of disappointing inflation data has forced the Federal Reserve to reset the clock on its first interest-rate cut and re-evaluate the trajectory of pri…

  • Tech losses hammer S&P 500, Nasdaq to end week

    NEW YORK -- The worst week for big technology stocks since the pandemic crash in 2020 dragged Wall Street on Friday across the finish line of another losing we…

  • Apple deletes WhatsApp, Threads in China

    HONG KONG -- Apple said it had removed Meta's WhatsApp messaging app and its Threads social media app from the App Store in China to comply with orders from Ch…

  • Google fires protesting employees

    Alphabet Inc.'s Google has fired 28 employees after they were involved in protests against Project Nimbus, a $1.2 billion joint contract with Amazon.com Inc. t…

  • EV power stations grow 7% from ’23

    Automakers may be pumping the brakes on electric vehicle production in the United States, but charging challenges -- a hurdle to adoption -- are vanishing at a…

  • US long-term mortgage rate tops 7%

    LOS ANGELES -- Prospective homebuyers are facing higher costs to finance a home with the average long-term U.S. mortgage rate moving above 7% this week to its …

  • Resale of homes declines 4.3% in March

    LOS ANGELES -- Homebuying this spring is off to a sluggish start as home shoppers contend with elevated mortgage rates and rising prices.

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