Business GM Quietly Builds Shiny Tesla KillersBy Julius GarzaMay 31, 20230 Ford shouts that its ambition is to dethrone Tesla from its position as world leader in electric vehicles. Chief Executive…
Business Inflation Pummeled US Household Finances Last year, Fed Survey FindsBy Andres Dave MitchellMay 31, 20230 Historically high inflation took a notable toll on Americans’ finances last year, when rising prices outpaced wage gains and chewed into household…
Business After Tesla Snub, Oklahoma Lands a 3 GW Solar FactoryBy Tony Ricardo ChambersMay 30, 20230 Enel North America has officially named Oklahoma as its choice for its 3-gigawatt (GW) solar panel and cell factory –…
Business The Treasury Department Could Issue $700 Billion in T-bills Within Weeks of a Debt-ceiling Deal, Draining Liquidity from MarketsBy Jaime Corey FloydMay 30, 20230 The Treasury Department will issue $600 billion-$700 billion in T-bills weeks after lawmakers agree to lift the debt ceiling, Goldman…
Business World’s Largest Semiconductor Tech Site Being Built in SF Bay Area, Says VP Kamala HarrisBy Herman BarkerMay 29, 20230 SUNNYVALE, Calif. (KGO) — Vice President Kamala Harris was in the Bay Area on Monday, helping to announce major news…
Business Chevron Announces $6.3 Billion Deal to Acquire Denver-based PDC EnergyBy Curtis HarreraMay 29, 20230 Chevron Corp. said Monday that it will acquire Denver-based PDC Energy in an all-stock transaction valued at $6.3 billion, adding…
Business EU Regulators Hit Meta with Record $1.3 Billion Fine for Data Transfer ViolationsBy Freddie AtkinsMay 28, 20230 Facebook’s parent company Meta has been fined a record $1.3 billion by European Union data protection regulators for transferring the…
Business Jeff Bezos and Lauren Sánchez Are EngagedBy David StephensMay 28, 20230 Amazon founder Jeff Bezos and his partner Lauren Sánchez are engaged, a source close to the couple tells CNN. No additional details…
Business Stock Futures Are Up Slightly as Wall Street Watches for Debt Ceiling Progress: Live UpdatesBy Freddie AtkinsMay 27, 20230 Stock futures are modestly higher Tuesday morning after a key debt ceiling meeting between President Joe Biden and House Speaker Kevin McCarthy, even…
Business JPMorgan CEO Jamie Dimon on How to Get His Job: ‘Give a s–t’By David StephensMay 27, 20230 What does it take to become chief executive of America’s largest bank? According to the man who currently holds the…
