DETROIT — The United Auto Workers union is challenging the results of last week’s organizing vote of Mercedes-Benz workers in Alabama, in which workers voted…
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Business
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Five years ago, Nvidia CEO Jensen Huang owned a stake in his chipmaker worth roughly $3 billion. After Thursday’s rally, which pushed the stock…
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Car shoppers should have an easier time finding good deals this Memorial Day weekend than last. Dealerships are sitting on a glut…
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Business
Boeing, NASA say Starliner astronaut launch will move forward despite spacecraft helium leak
Boeing and NASA are moving forward with the launch of the company’s Starliner capsule, set to carry U.S. astronauts for the first time,…
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High inflation is subsiding, but many Americans have yet to see relief from elevated prices at the grocery store. “Grocery prices skyrocketed during the…
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Business
Will schools finally pay student-athletes? What a historic settlement means for the NCAA and players
Could college athletes really start getting paid directly by their schools, ending decades of acrimony over the issue? The NCAA, along with…
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Business
It wasn’t the endless shrimp that doomed Red Lobster. How private equity pinched the seafood chain.
Angry that your favorite Red Lobster closed down? Wall Street wizardry had a lot to do with it. Red Lobster was America’s…
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Crude oil futures fell to three-month lows on Friday and are heading to a weekly loss as the summer driving season gets…
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Business
Boeing expects a 2024 cash burn, slow recovery of airplane deliveries amid crisis, CFO says
Boeing will burn through cash this year and deliveries of new planes won’t improve in the second quarter from the first, as the…
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Tesla CEO Elon Musk said that he doesn’t support President Biden’s recent announcement of a tariff on Chinese-made electric vehicles. “Neither Tesla nor I asked for these…
