DETROIT — General Motors has agreed to establish a joint venture with Lithium Americas Corp. that includes the automaker supplying $625 million in cash and credit to…
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Business
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Walgreens said Tuesday it plans to close 1,200 stores over the next three years as it seeks to further downsize its footprint amid…
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Boeing said Tuesday that it could raise as much as $25 billion in shares or debt over three years, a move to increase liquidity…
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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 its aircraft factories…
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A group of protesters staged a sit-in outside the New York Stock Exchange on Monday morning amid continued Israeli attacks in Gaza. Approximately…
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Business
Why Honeywell CEO Vimal Kapur doesn’t think the AI payoff will come from productivity
by adminAs CEO of one of the world’s largest industrial conglomerates, Honeywell’s Vimal Kapur doesn’t think about AI like most individuals. It’s not about the…
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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 tensions have only…
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Boeing withdrew a contract offer for 33,000 machinists who have been on strike since mid-September, and said further negotiations “do not make sense at…
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Business
DOJ and FTC warn consumers of fraud and price gouging risks ahead of Hurricane Milton
by adminAs Hurricane Milton approached landfall in western Florida on Wednesday, the Biden administration warned consumers and businesses of the heightened risk of potential fraud, price…
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DETROIT — General Motors will drop the name “Ultium” for its electric vehicle batteries and supporting technologies after spending years promoting the brand as it…