In his last big presentation as CEO of Fiat Chrysler before retiring, Sergio Marchionne announced a big investment push to make more electrified cars, while acknowledging that traditional engines will continue to dominate production for some time.
U.S. construction spending surged 1.8 percent to a record high in April as home building rose by the largest amount in 24 years.
U.S. manufacturers expanded at a faster pace last month, another sign of strength for American industry.
Negotiators have reached a tentative labor agreement that would cover about a quarter of the 50,000 hotel and casino workers who are threatening to strike in Las Vegas.
Facebook is shutting down its ill-fated “trending” news section after four years, a company executive told he Associated Press.
A self-driving car service that Google spinoff Waymo plans to launch later this year in Arizona will include up to 62,000 Chrysler Pacifica Hybrid minivans.
Costco Wholesale Corp. said strong sales growth helped its fiscal third-quarter profit grow 7 percent.
General Motors said Thursday it will bring self-driving technology in the form of ride sharing to consumers by next year. It said the vehicles would be introduced in the United States, but did not say in which cities it planned to roll out the service.
Alaska Airlines, in ever-tighter competition with Delta Air Lines, held on for the 11th year in a row to its top ranking among traditional North American carriers in the annual J.D. Power passenger satisfaction survey.
Sears, the struggling department store chain, said Thursday it would close another 72 Sears and Kmart stores as sales plummeted, continuing the decline of what was once the country’s largest retailer.
Three years ago, Facebook was the dominant social media site among U.S. teens, visited by 71 percent of people in that magic, trendsetting demographic. Not anymore.
Shares of General Motors posted their largest one-day gain since the company’s rebirth from bankruptcy eight years ago, after Japanese technology conglomerate SoftBank decided to pump $2.25 billion into GM’s autonomous car unit.
Todd Coleman, the Port of Vancouver’s former director, has been hired to lead the West Plains-Airport Area Public Development Authority.
Under pressure from environmental and consumer safety advocates, Lowe’s home improvement stores will phase out certain potentially dangerous paint strippers by the end of 2018.
Snap Inc. Chief Executive and co-founder Evan Spiegel said a widely-shared email by a former software engineer who accused the company of harboring a “sexist” and “toxic” workplace culture was a “wake-up call” that has already prompted change at the Venice firm.
Teslas and Nissan Leafs are likely to become a much more common sight on the world’s roads in the next two years, the International Energy Agency says.
Nintendo Co. is bringing together the magnetic appeal of Pokemon, smartphones and the Switch console into an interlinked gaming experience.
Apple is finally delivering on some promises it made last year about its HomePod speaker, including giving the device the ability to link with another for stereo sound.
Starbucks shut its roughly 8,000 company-owned stores for the closed-door training, but it let a few reporters interview some senior managers, including Ruffin, after they went through the four-hour session in Brooklyn. Ruffin oversees nine district managers and said she hopes the training frees her staff to address racism directly in the future. “People circumvent talking about bias-it’s very uncomfortable,” she said. “This gives us a foundation for this to be day-to-day.”
Walmart, the country’s largest private employer, announced Wednesday that it will pay for its workers to go back to school – as long as they get degrees in business or supply-chain management.
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