Business

 Dollar Tree Inc. plans to close about 1,000 stores in a bid to improve profitability as the discount retailer battles a spate of litigation and other headwinds.

US mortgage rates dropped back below 7% for the first time in a month, spurring an increase in applications for home purchases.

SEATTLE – The day a piece of fuselage blew off a Boeing 737 MAX 9 midflight, Alaska Airlines engineers and technicians had scheduled a maintenance check for that aircraft.

Many planned US solar factories probably won’t be built as cheap imports from Chinese companies push global cell and panel prices so low that even federal subsidies can’t sustain domestic plants, a report warns.

United Airlines Holdings Inc. has told Boeing Co. to stop building 737 Max 10 jets for the carrier, opting to switch to a smaller variant and the rival Airbus SE A321 until the US planemaker can pull the stretched single-aisle through its long-delayed certification.

Stocks fluctuated as inflation data did little to alter bets the Federal Reserve will be able to cut interest rates this year - even if it keeps its cautious stance for now.

Comcast Xfinity customers are experiencing faster internet speeds as of last week at no extra charge as the Philadelphia-based telecom giant rolled out an automatic upgrade. 

Wall Street traders found little encouragement to keep pushing the stock market higher at the start of a week that will bring the last inflation figures before the next Federal Reserve decision.

Tesla Inc. is likely years away from fully ramping a new lower-cost model, which will take the company longer than Wall Street is assuming, Evercore analysts said after touring the Austin-based carmaker’s factory in Texas.

A water brand with a popular social media following is now a billion-dollar company. Los Angeles-based Liquid Death has raised new capital that values the startup at $1.4 billion, double its $700 million valuation in 2022.

Pharmaceutical giants are mounting a vigorous legal battle against President Biden’s plan to lower seniors’ prescription drug costs, urging federal judges here and around the country to invalidate a new program that aims to reduce the price of medications for high blood pressure, heart disease, cancer and diabetes.

Bitcoin topped $72,000 for the first time, advancing for a sixth straight day and taking gains this year to almost 70% on the back of massive inflows into U.S. exchange-traded funds.

On March 5, the Consumer Financial Protection Bureau (CFPB) finalized a rule capping credit card late payment fees at $8 for the biggest card issuers after inviting public comment on the matter last year. According to the consumer protection agency, the move is an effort to rein in “excessive” credit card late fees.

U.S. Transportation Secretary Pete Buttigieg said the Federal Aviation Administration will rigorously assess Boeing Co. after the blowout of a fuselage section on an Alaska Airlines flight in January.

An outside Boeing lobbyist on Capitol Hill sent an email to Republican members of Congress late Wednesday bluntly attempting to discredit the Senate testimony of National Transportation Safety Board chair Jennifer Homendy.

Apple Inc., facing mounting pressure from regulators in the European Union, has reversed a decision to ban Fortnite maker Epic Games Inc. from offering its own iPhone app marketplace in the region.