U.S. car and truck sales remained strong between April and June despite policy upheaval under the new Trump administration. But analysts predict a wave of panic buying this spring will lead to a chilly market later this year.

Looming over a healthy first half of the year are pricey import taxes and the potential loss of several tax incentives ...Read more

Microsoft is kicking off its fiscal year by laying off thousands of employees in the largest round of layoffs since 2023, the company confirmed Wednesday.

In an ongoing effort to streamline its workforce, Microsoft said as much as 4%, or roughly 9,000, of the company’s employees could be affected by Wednesday’s layoffs. It’s unclear how ...Read more

Brian Cornell is near the end of an 11-year tenure as Target’s CEO, and he will leave with industry-leading successes and plenty of unfinished business.

Target’s been hurt in the last three years by operational missteps, inflation’s dampening of consumer sentiment and now tariff costs. On top of all this, the company found itself in the ...Read more

BOULDER, Colorado — When Xcel Energy stopped burning coal at its Valmont Power Station in 2017, it left 1.6 million tons of toxic coal ash on the property, and now that waste is leaking hazardous metals into groundwater, threatening nearby drinking-water wells.

Xcel plans to scoop most of the coal ash from a landfill at the site and turn it ...Read more

In 2025, it seems like just about everyone is talking about artificial intelligence and its myriad potential uses.

“I have never seen any buzzword so quickly adopted,” said Leila Rao, founder of Decatur, Georgia-based organizational change consultancy AgileXtended. Rao helps guide companies through a variety of organizational changes, ...Read more

Almost everything said about Tesla Inc. these days ranges from bad to worse.

The majority of 61 analysts following the electric vehicle and clean energy company led by Chief Executive Officer Elon Musk say investors should avoid buying the stock. Plummeting sales at home and abroad underscore Bloomberg Intelligence research showing 31% of car ...Read more

A partnership between JPMorgan Chase and Miami-based firm Consulting IQ is set to reshape the landscape for small and midsize businesses (SMBs), providing them with access to high-level strategic consulting tools powered by artificial intelligence.

The platform offers SMBs a wide range of capabilities—from developing strategies in sales, ...Read more

23andMe, a distressed genetic testing company that filed for bankruptcy this year, has received another potential lifeline.

A bankruptcy judge approved the sale of the company's assets and business operations to a nonprofit led by 23andMe's co-founder and former chief executive, Anne Wojcicki. The nonprofit, TTAM Research Institute, will pay $...Read more

West Hollywood-based Tinder is now requiring facial recognition scans for all users in California as part of its efforts to build trust among users and reduce the prevalence of scams and fraud that plague dating apps.

The feature, called Face Check, prompts users to take a short video selfie that is used to verify their identity. The ...Read more

A Black former General Mills employee is suing the company for discrimination and retaliation, alleging he was fired after objecting to Black History Month flyers that referred to racist atrocities as “fun facts.”

According to the lawsuit filed in Hennepin County (Minnesota) District Court, L. Lee Tyus Jr., who worked at a General Mills ...Read more

Rocket Companies announced Tuesday that it has closed on its previously announced $1.75 billion deal for real estate brokerage Redfin, a deal that combines Redfin’s home search platform with Detroit-based Rocket’s mortgage lending.

“I’ve used Redfin every day for the last 20 years. It helped me find and fall in love with my first home, ...Read more

Ford Motor Co. reported a 14% increase in U.S. sales in the second quarter, benefitted by the Dearborn, Michigan, automaker offering discounts traditionally reserved for its employees to all customers on most of its lineup.

The "From America, For America" promotion providing "Plan A" pricing runs through the weekend. It came in response to ...Read more

Software titan Zoom Communications Inc. is warning its Maryland customers about the state’s new 3% sales tax on technology services, which takes effect Tuesday.

A June 24 letter from Zoom explains the changes to Maryland’s tax code — which Gov. Wes Moore signed into law — that will impact services for its customers with a “sold-to” ...Read more

A Toppenish, Washington, farm faces legal action brought by the state attorney general’s office following allegations managers hired guest workers rather than local farmworkers while also discriminating against women working there.

The state started investigating Cornerstone Ranches about two years ago, after seeing what it contends was an ...Read more

Over the last three years, few states have drawn more clean energy and electric vehicle manufacturing investment than Georgia.

The corporate spending spree has been juiced by federal incentives, created under former President Joe Biden, that offer tax credits to build solar panels, batteries and EVs in North America — and savings for ...Read more

As the Republican-dominated House and Senate continue to move their budget bills toward enactment, we've been hearing a lot of hypocritical persiflage about "able-bodied" Americans taking undue advantage of Medicaid and food stamps.

Here's who we haven't been hearing enough about, however: "Able-bodied" American corporations that have taken ...Read more

Federal Reserve Chair Jerome Powell repeated that the U.S. central bank probably would have cut rates further this year absent President Donald Trump’s expanded use of tariffs.

“In effect, we went on hold when we saw the size of the tariffs and essentially all inflation forecasts for the United States went up materially as a consequence of...Read more

Tunny Parrish did the math.

Jeff Bezos' wedding in Venice with Lauren Sánchez and surrounding activities last week is estimated to have cost upward of $46.8 million, according to the region's governor.

For that money, the Amazon founder could pay for nearly every Seattle Public School students' breakfast and lunch for a school year, the ...Read more

SAN JOSE, California — Di Liu of San Jose told Apple he was resigning his position as a design engineer to spend more time with his family and look after his health, but he had secretly taken a job with a rival, and before leaving the iPhone giant, he stole a “massive volume” of its trade secrets, Apple alleges in a lawsuit against Liu.

...Read more

U.S. factory activity contracted in June for a fourth consecutive month as orders and employment shrank at a faster pace, extending the malaise in manufacturing.

The Institute for Supply Management’s manufacturing index edged up 0.5 point last month to 49, according to data released Tuesday. Readings below 50 indicate contraction. A measure ...Read more