Business

Alaska Air Group returned to profitability in June with a double-digit pretax margin despite fuel prices running nearly 70% higher than a year ​earlier, CEO Ben Minicucci said on the carrier's quarterly earnings call on Wednesday.

SOLON, Ohio – A nondescript facility south of Cleveland has become an early staging ground for the auto industry’s next supply-chain pivot: replacing vehicle hardware from China.

One of the most recognizable vacant lots in all of Spokane will soon be the site of an estimated $71 million, 200-unit apartment building.

WASHINGTON — Generic drug manufacturers will have two years to move production to the U.S. or face a 100% import duty from August 2028, President Donald Trump said in a social media post Tuesday. That levy would then double a year later, to 200%, in August 2029. “This is done in order to RESHORE Generic Pharmaceutical Production into America, with a penalty to those Companies that decide not ...

Alaska Airlines has tapped Boeing's 737-800 airliners to replace its retiring Hawaiian Airlines-branded fleet for travel across Hawai‘i's islands. Alaska, which acquired Hawaiian Airlines in 2024, announced Tuesday it has selected the aircraft to succeed the current Boeing 717 fleet. The future fleet will be based in Honolulu, O‘ahu. The transition will likely kick off in 2028, Hawaiian ...

News Corp, facing a lawsuit by search engine Brave Software, has filed a countersuit accusing it of "flagrant theft" in distributing and selling versions of articles from the Wall Street Journal and New York Post to ​AI companies.

Oil prices rose to a six-week high on Wednesday as the U.S. and Iran traded more strikes, further threatening energy shipping in the Middle East, while U.S. equities were flat ahead of key Big Tech earnings.

Clarks Cleaners near Division Street and Second Avenue will be closed by the end of the week, according to Jamie Shartle, an employee at the location. The dry cleaning business has been there for more than 40 years.

Walt Disney Co. is laying off several hundred employees, including at Pixar Animation Studios and National Geographic, a company spokesperson said Tuesday. Pixar is eliminating less than 10% of its staff, and the cuts are concentrated mostly in production and operations, according to a person familiar with the matter who declined to be named. The Burbank media and entertainment giant began ...

General Motors Co.'s profits are up as the Detroit automaker leans into profitable trucks and stops the bleeding from money-losing electric vehicles, prompting payouts to shareholders.

Wall Street's main indexes rose on Tuesday, as a steep rally in semiconductor shares helped shift the focus away from the latest Middle East hostilities and tariff battles, while investors looked ahead to major technology earnings reports for clues on the future of the AI trade.

Boeing commercial airplanes CEO Stephanie Pope is optimistic about the company’s long-delayed 777X family — even if Boeing did have to scrap one of the first planes from that program.

A coalition of states led by California won ​a pause of Paramount's $110 billion acquisition of Warner Bros. Discovery on Monday, ⁠after they argued letting the merger ‌close would irreparably harm ​competition.

Fans of McDonald's breakfast are in for a treat. The fast food chain announced it is introducing a new Honey Brown Butter Bacon Egg & Cheese Biscuit at participating restaurants nationwide beginning Tuesday, July 21. The biscuits will be available for ​a limited time, the company told USA TODAY.

AMC Entertainment turned in a surprise adjusted quarterly profit, the latest sign that U.S. cinema chains are rebounding thanks to a strong summer release slate that included blockbusters “The Super Mario Galaxy Movie” and “Obsession.”

The S&P 500 and the Nasdaq rose on Monday as chip stocks recovered from last week's sharp selloff, while investors looked ahead to earnings from major technology companies that have driven Wall Street's AI-fueled rally.