DETROIT — General Motors announced plans Monday to invest $632 million for production of its next-generation full-size pickup trucks at a plant in Indiana. The investment is the automaker’s third such announcement in the past week involving GM’s next-generation…
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Business
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The latest inflation data for the month of May lands on Tuesday morning. Economists are forecasting an annual increase of 4%, down from 4.9% rate in April. On a monthly basis, forecasts point to a…
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Philanthropist billionaire George Soros confirmed that he is handing control of his $25 billion empire to his son Alex. Soros, 92, has a net worth of $6.7 billion, according to Forbes, and is one of the top 400…
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As the cost of living in the U.S. continues to climb, foreclosures are also on the rise. May foreclosure-related filings, which include default notices, scheduled auctions and bank repossessions, were up 7% from April and…
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A pair of running shoes for $11.98. Waterproof wireless earbuds for $4.39. A 40-color eyeshadow palette for $2.69. These are some of the offerings on low-cost shopping app Temu, which since launching in the United…
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Business
Six months after ‘zero Covid,’ U.S. firms in China still face ‘uncertainty on top of uncertainty’
HONG KONG — After three years of trying to do business under some of the toughest Covid controls in the world, U.S. and other Western companies in China began 2023 with cautious optimism: The country…
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A growing chorus of voices is calling for Lululemon to reinstate two Atlanta-area employees who were fired for confronting thieves at their store. Jennifer Ferguson and Rachel Rogers last week told the Atlanta-area NBC affiliate,…
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A blockbuster sports deal set to merge two rivals — the PGA Tour, an organizer of top-level professional golf tournaments mostly in the U.S., with LIV Golf, an upstart league funded by Saudi Arabia —…
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Tesla may face a class-action lawsuit after 240 Black factory workers in California described rampant racism and discrimination at the electric automaker’s San Francisco Bay Area plant, including frequent use of racial slurs and references…
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The PGA Tour and Saudi-backed LIV Golf announced a merger Tuesday in a stunning end to their bitter rivalry on the fairways, in the courts and on the geopolitical stage. PGA Tour Commissioner Jay Monahan, who…