Category: News

Ford to delay production of new electric pickup and large SUV as US EV sales growth slows

With U.S. electric vehicle sales starting to slow, Ford Motor Co. says it will delay rolling out new electric pickup trucks and a new large electric SUV as it adds gas-electric hybrids to its model lineup DETROIT — With U.S. electric vehicle sales starting to slow, Ford Motor Co. says it will delay rolling out new electric pickup trucks and a new large electric SUV…

Apple lays off more than 600 workers in California

Apple is laying off more than 600 workers in California, marking the company’s first big wave of post-pandemic job cuts amid a broader wave of tech industry consolidation Apple is laying off more than 600 workers in California, marking the company’s first big wave of post-pandemic job cuts amid a broader wave of tech industry consolidation. The iPhone maker notified 614 workers in multiple offices…

When Trump has needed cash, a California bank and one of its top shareholders come to the rescue

WASHINGTON — WASHINGTON (AP) — Donald Trump left the White House facing a cash crunch and a tattered reputation after his attempts to overturn the 2020 election, threatening the viability of his business empire. Soon, though, a new source stepped forward to provide a financial lifeline when many longtime lenders refused. Over the past two years, Axos Bank, as well as its largest individual shareholder,…

P&G recalls 8.2 million bags of Tide, Gain and other laundry detergents over packaging defect

Procter & Gamble is recalling more than 8 million bags of Tide, Gain, Ace and Ariel laundry detergent packets sold in the U.S. and Canada NEW YORK — NEW YORK (AP) — Procter & Gamble is recalling more than 8 million bags of Tide, Gain, Ace and Ariel laundry detergent packets sold in the U.S. and Canada due to a defect in the products’ child-resistant…

How major US stock indexes fared Friday, 4/5/2024

Stocks posted solid gains on Wall Street as a strong report on employment showed the U.S. economy continues to chug along Stocks posted solid gains on Wall Street as a strong report on employment showed the U.S. economy continues to chug along. The S&P 500 rose 1.1% Friday. The Dow Jones Industrial Average rose 307 points and the Nasdaq composite rose 1.2%. U.S. employers added…

Stock market today: Wall Street gains ground following surprisingly strong US jobs report

Stocks ended solidly higher and bond yields rose Friday as Wall Street welcomed a surprisingly strong U.S. jobs report. The S&P 500 rose 1.1%, making up most of the loss from the previous day and moving closer to its record high set last week. The benchmark index still posted its first weekly loss in three weeks. The Dow Jones Industrial Average rose 0.8% and the…

What to know about the $30 million cash heist in Los Angeles

A brazen Los Angeles cash heist on Easter weekend in which thieves cracked a safe and got away with as much as $30 million is believed to be one of the largest such heists in U.S. history. The heist has triggered rampant speculation among a public long infatuated with daring burglaries and hefty criminal paydays. Here are some things to know about the recent theft…

Anonymous users are dominating right-wing discussions online. They also spread false information

NEW YORK — The reposts and expressions of shock from public figures followed quickly after a user on the social platform X who uses a pseudonym claimed that a government website had revealed “skyrocketing” rates of voters registering without a photo ID in three states this year — two of them crucial to the presidential contest. “Extremely concerning,” X owner Elon Musk replied twice to…

US and China plan talks on economics, including manufacturing issue, Yellen says

GUANGZHOU, China — U.S. Treasury Secretary Janet Yellen said Saturday that upcoming U.S.-China talks will tackle a top Biden administration complaint that Beijing’s economic model and trade practices put American companies and workers at an unfair competitive disadvantage. “I think the Chinese realize how concerned we are about the implications of their industrial strategy for the United States, for the potential to flood our markets…

Iowa-UConn women’s Final Four semifinal most-watched hoops game in ESPN history; 14.2M avg. viewers

Iowa’s 71-69 victory over UConn at the women’s Final Four on Friday night averaged 14.2 million viewers on ESPN, making it the most-viewed women’s basketball game on record and the largest audience for an ESPN basketball broadcast BRISTOL, Conn. — BRISTOL, Conn. (AP) — Iowa’s 71-69 victory over UConn at the women’s Final Four on Friday night averaged 14.2 million viewers on ESPN, making it…