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  • Investing

    GM to invest $625 million in joint venture to mine EV battery raw materials in U.S.

    by October 17, 2024
    by October 17, 2024

    DETROIT — General Motors has agreed to establish a joint venture with Lithium Americas Corp. that includes the automaker supplying $625 million in cash…

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  • Investing

    Boeing to raise as much as $25 billion to shore up balance sheet

    by October 16, 2024
    by October 16, 2024

    Boeing said Tuesday that it could raise as much as $25 billion in shares or debt over three years, a move…

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  • Investing

    Walgreens to close 1,200 stores over the next three years

    by October 15, 2024
    by October 15, 2024

    Walgreens said Tuesday it plans to close 1,200 stores over the next three years as it seeks to further downsize…

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  • Investing

    Protesters stage sit-in outside New York Stock Exchange to spotlight Gaza attacks

    by October 15, 2024
    by October 15, 2024

    A group of protesters staged a sit-in outside the New York Stock Exchange on Monday morning amid continued Israeli attacks…

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  • Investing

    Boeing factory strike crosses 1-month mark as pressure mounts on new CEO

    by October 15, 2024
    by October 15, 2024

    It’s been just over a month since more than 30,000 Boeing machinists walked off the job after overwhelmingly voting down a tentative contract. Costs and…

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  • Investing

    Why Honeywell CEO Vimal Kapur doesn’t think the AI payoff will come from productivity

    by October 14, 2024
    by October 14, 2024

    As CEO of one of the world’s largest industrial conglomerates, Honeywell’s Vimal Kapur doesn’t think about AI like most individuals. It’s…

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  • Investing

    Boeing to cut 17,000 jobs as losses deepen during factory strike

    by October 14, 2024
    by October 14, 2024

    Boeing will cut 10% of its workforce, or about 17,000 people, as the company’s losses mount and a machinist strike that has idled…

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  • Investing

    AMD launches AI chip to rival Nvidia’s Blackwell

    by October 10, 2024
    by October 10, 2024

    AMD launched a new artificial-intelligence chip on Thursday that is taking direct aim at Nvidia’s data center graphics processors, known as…

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  • Investing

    TD Bank pleads guilty in money laundering case, will pay $3 billion in penalties

    by October 10, 2024
    by October 10, 2024

    TD Bank pleaded guilty Thursday to multiple criminal charges and agreed to pay a whopping $3 billion in fines and other…

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  • Investing

    DOJ and FTC warn consumers of fraud and price gouging risks ahead of Hurricane Milton

    by October 10, 2024
    by October 10, 2024

    As Hurricane Milton approached landfall in western Florida on Wednesday, the Biden administration warned consumers and businesses of the heightened risk of…

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