: Fed’s Bullard: Oil price jump may make inflation-fighting more difficult
The spike in oil prices after the surprise OPEC+ production cut may make the Federal Reserve’s inflation-fighting job “a little more difficult,” but it is...
: Covanta acquires Texas-based Circon Holdings
Waste-to-energy company Covanta said Monday it has acquired Circon Holdings Inc., a move it described as the “most transformative acquisition in its history.” No financial...
: FTC orders Illumina to divest Grail; Illumina plans to appeal
The Federal Trade Commission on Monday ordered Illumina Inc. ILMN to divest Grail Inc., saying that “the deal would stifle competition and innovation in the...
: GM’s first-quarter sales up 18%
General Motors Co. GM said Monday it sold 603,208 vehicles in the first quarter, up 18% year-on-year, including a jump of 27% for fleet sales....
: Stellantis’ U.S. unit FCA sees Q1 sales drop
FCA US said Monday it sold 368,237 vehicles in the first quarter, down 9% from the year-ago period. The company is “making the necessary adjustments”...
Rivian says it remains on track to build 50,000 EVs in 2023
The EV maker's first-quarter deliveries were in line with Wall Street's expectations.
McDonald’s closes corporate offices as it lays off hundreds of workers
McDonald's had said in January that it would cut jobs as part of a broader restructuring.
NASA unveils the four astronauts who will fly on the Artemis 2 mission around the moon in 2024
Artemis II will launch on NASA's Space Launch System rocket, with the Orion capsule carrying the astronauts on a 10-day journey to the moon and...
General Motors’ U.S. sales jump 18% in the first quarter
GM confirmed Monday that it expects to build 50,000 EVs in the first half of 2023 and "double that" in the second half of the...