Business
Boeing to cut 17,000 jobs as losses deepen during factory strike
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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Why Honeywell CEO Vimal Kapur doesn’t think the AI payoff will come from productivity
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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GM ditching ‘Ultium’ name for batteries and tech amid EV changes
DETROIT — General Motors will drop the name “Ultium” for its electric vehicle batteries and supporting technologies after spending years promoting the...
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Boeing withdraws contract offer after talks with union end without a deal
Boeing withdrew a contract offer for 33,000 machinists who have been on strike since mid-September, and said further negotiations “do not...
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DOJ and FTC warn consumers of fraud and price gouging risks ahead of Hurricane Milton
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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AMD launches AI chip to rival Nvidia’s Blackwell
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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TD Bank pleads guilty in money laundering case, will pay $3 billion in penalties
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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Amazon same-day prescription delivery expanding to nearly half of U.S. in 2025
Amazon plans to bring same-day prescription delivery to 20 more cities next year, the company said Wednesday, marking the latest phase...
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Walmart-owned Sam’s Club tests a future without checkout lines
GRAPEVINE, Texas — When shoppers walk into Sam’s Club’s newest store, they’ll soon see a shiny blue Mercedes-Benz SUV, a...
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Shares of generator maker soar, insurance stocks fall as Hurricane Milton intensifies
Shares of backup power generation company Generac Holdings surged more than 7% on Monday as Hurricane Milton rapidly strengthened into a Category 5 storm....
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