ArcaMax

Europe should impose reciprocal measures on Boeing Co. if negotiations fail to lift recent U.S. tariffs hurting the aerospace industry, according to Airbus SE Chief Executive Officer Guillaume Faury.

“Europe is in ...Read more

Reports of layoffs at various Las Vegas casinos have been popping up for several months now, raising questions about whether the gaming industry is nearing an end to the post-COVID economic boom.

Experts and executives ...Read more

United Wholesale Mortgage reported a first-quarter net loss of $247 million on total revenue of $613.5 million, down from a profit of $180.5 million during the same period last year. A $388 million reduction in the fair ...Read more

Automakers have warned of supply-chain disruptions, price increases and softened earnings throughout this year as more of President Donald Trump's automotive tariffs took effect.

Reporting a 64% decline in first-quarter ...Read more

Mitsubishi Motors is still shipping cars from Japan to Baltimore, even as Trump administration tariffs take hold. But none of the cars are headed to customers — yet.

For now, the Japanese automaker is holding the ...Read more

Diamondback Energy Inc., the largest independent oil producer in the Permian Basin, says production has likely peaked in America’s prolific shale fields and will decline in the months ahead after crude prices plummeted. ...Read more

WASHINGTON — President Donald Trump's tariffs on most goods from China, even if rates remain at a stratospheric 145%, will not fundamentally change the U.S. auto supply chain's dependence on the rival nation, industry ...Read more

California hit a new tourism record in 2024, Gov. Gavin Newsom announced Monday, but the high isn’t expected to last thanks to President Trump’s tariffs.

Tourism spending last year hit $157.3 billion, up 3% from 2023,...Read more

ChatGPT maker OpenAI said Monday that its nonprofit will remain in control over its for-profit business, as the startup moves forward with plans to change its organizational structure.

The move comes after a coalition of ...Read more

LOS ANGELES — Scott Bessent walked on stage at the largest gathering in months of Wall Street’s champions of global trade, aiming to explain why President Donald Trump is putting up hurdles to global trade.

Fingertips...Read more

General Motors Co. on Monday named Duncan Aldred the new president of the automaker's North America operations amid tensions between President Donald Trump, Canada and Mexico over tariffs.

In a statement, GM President of ...Read more

Ford Motor Co.'s net income fell roughly 64% year-over-year in the first three months of the year to $471 million, and the Dearborn automaker suspended its annual guidance because of tariff-related uncertainty.

The ...Read more

Rivian, which is gearing up to launch its new midsize R2 electric SUV, is building a $120 million supplier park near its Normal, Illinois, plant to facilitate increased production.

The announcement Monday will add a 1.2 ...Read more

In a win for Abbott Laboratories, a federal judge in Chicago sided with the company Friday in the case of a woman who alleged that Abbott’s formula for preterm infants led to her daughter’s death.

The case had been ...Read more

Rite Aid has filed for bankruptcy for the second time in less than two years, and the Philadelphia-based pharmacy chain intends to close or sell all of its remaining stores.

Rite Aid will “continue to engage in a ...Read more

Warren Buffett told Berkshire Hathaway shareholders that he plans to step down as CEO at the end of 2025 and recommended to the company’s board that his previously identified successor, Greg Abel, take over at that time,...Read more

When the Federal Reserve decides what to do with interest rates to manage the economy, the data usually speaks for itself. Policymakers, for instance, knew they needed to rush to cut interest rates in 2020 as the gears of ...Read more

Sam's Club is going register-free and introducing an all-digital, AI-powered shopping experience for its customers, a move that has privacy advocates worried that the new AI tool could be used to unfairly target some ...Read more

LOS ANGELES — Amid a wave of unprecedented tariffs, anxiety is running high for truck drivers like Helen, who makes her living delivering cargo containers from the Los Angeles and Long Beach harbors to warehouses and ...Read more