Business

Intel will receive nearly $8 billion in funding from the CHIPS Act as the Biden administration races to allocate grant money.

Intel secures $7.9B in CHIPS Act funding as Biden runs out of time

Experts say President-elect Donald Trump’s vow to put 25% tariffs on Mexico and Canada violates the trade agreement he negotiated during his first term.

Trump’s proposed tariffs could violate his own trade deal with Canada and Mexico

The Biden administration has approved a $6.6 billion loan to EV maker Rivian, despite the company facing significant financial challenges.

Biden administration approves $6.6B loan to Rivian, which has billions in debt

The U.S. State Department was expected to award Elon Musk's Tesla a $400 million contract for armored vehicles, but the word "Tesla" was removed from the procurement document.

Gavin Newsom’s EV tax break would exclude Tesla, Musk responds

The incoming Trump administration's energy policy is expected to include a prioritization of expanding fossil fuel production and exports.

Trump administration expected to introduce several pro-oil energy policies

Walmart, the world’s largest retailer, is rolling back its diversity, equity, and inclusion (DEI) policies.

Walmart rolls back DEI policies, opts not to renew $100M philanthropic initiative

Disney has agreed to pay $43 million to settle a gender pay gap lawsuit.

Disney to pay $43M to settle gender pay gap lawsuit

Dictionary.com has named "demure" as its 2024 Word of the Year.

Dictionary.com chooses ‘demure’ as word of the year

President-elect Donald Trump has laid out his plans to increase tariffs against China, Canada, and Mexico.

Trump plans new tariffs on Canada, Mexico, China over drugs, migrants

The 62-year-old spent more than three decades in investment banking before becoming an economic adviser for the Trump 2024 campaign.

Former Democratic donor and Soros partner is Trump’s pick for Treasury

Macy's delayed its earnings report as it deals with a multi-million dollar accounting scandal involving one employee.

Macy’s says employee hid up to $154 million, delays earnings report

The U.S. Supreme Court declined to hear Big Tobacco's challenge to the FDA's requirement for cigarette packages to show warning labels depicting graphic images and messages on Monday, Nov. 25.

US Supreme Court declines hearing Big Tobacco’s challenge to FDA labels

in 2026, GM will officially make its debut in Formula One. The marquee global racing series approved an entry from a new Cadillac F1 team.

F1 adding Cadillac as second American team for 2026 season

There's talk Canada might cut its own trade deal with the United States leaving, a bilateral deal that would leave Mexico out.

Canada might seek trade deal with US without Mexico

The price for Thanksgiving for 10 people fell for the second straight year to $58.08. But prices are still above pre-pandemic levels.

Thanksgiving dinner will cost less for the second year despite bird flu

Thousands of Amazon workers from around the world are planning to strike again between Black Friday and Cyber Monday.

Amazon workers in 20 countries plan Black Friday, Cyber Monday strike

Child care has become so expensive, parents are essentially paying a second rent.

For some parents, child care is more expensive than rent: Report

Service workers at Charlotte Douglas International Airport went on strike as the busiest travel week of the year begins.

Charlotte airport workers go on strike as TSA expects record holiday air travel

For the first time in four years, Republicans are suddenly feeling good about the economy. Economically speaking, only one thing has changed.

Republicans feel good about the economy now that Trump has won

Bitcoin is poised to cross $100,000 any day as the industry has newfound enthusiasm after Donald Trump's election victory.

Bitcoin closes in on $100K amid Trump’s vow to support crypto industry

Fans are heading to theaters for the release of “Wicked.” But AMC Theatres is asking moviegoers to keep their excitement in check.

No singing allowed in AMC Theatres as ‘Wicked’ releases

A Georgia woman is suing Grimmway Farms after suffering from an E. coli infection linked to contaminated organic carrots.

Lawsuit over E. coli outbreak draws attention to carrot producers

The United States four leading frozen potato producers are being accused of running a so-called 'potato cartel.'

US’ 4 largest frozen spud producers accused of forming ‘potato cartel’

Ford Motor Company has announced It plans to cut 4,000 jobs from their European workforce.

Ford announces thousands of impending layoffs in Europe