Major Indiana Employers Criticize State’s New Abortion Law

Indiana's governor signed a near-total abortion ban into law on Friday. The state is the first to approve sweeping new restrictions since the Supreme Court overturned Roe v. Wade. One of Indiana's...

Sun Life shares climb after earnings beat, sale of U.K. unit

By Nichola Saminather TORONTO - Sun Life Financial (NYSE:SLF) shares jumped on Thursday after reporting a better-than-expected second-quarter profit and announcing the sale of its U.K. business...

Volkswagen announces price of new US-made compact electric SUV

Following a year of imports from Germany, Volkswagen has begun producing the electric ID.4 at its Chattanooga, Tennessee, plant and will begin deliveries of the American-made models this fall. It...

Are we there yet? No, but GM is getting closer to self-driving cars

General Motors' hands-free driving tech will soon work on many more North American roadways.Why it matters: No one can buy a self-driving car yet — not even from Tesla, which falsely markets its...

U.S. Congress office sees few tax breaks for EVs under Democratic plan

By David Shepardson and Joseph White - A proposal by U.S. Senate Democrats to put income, price and domestic content conditions on electric vehicle tax breaks could initially sharply curtail the...

GM's Hands-Free Super Cruise Driver Assist System Doubles Its Capability

Drivers will be able to take their hands off the steering wheel on 400,000 miles of North American roads.

Morgan Stanley on Tesla and China: 'Tesla is highly exposed'

By Michael Elkins An analyst from Morgan Stanley wonders if investors appreciate the opportunity and risks involved with depending on China for electric vehicle battery supplies. According to...

GM doubles miles open to its Super Cruise technology

General Motors Co said on Wednesday owners of certain vehicles equipped with its Super Cruise assisted driving system will now be able to use it on 400,000 miles (643,740 km) of North American...

Hawkish FedSpeak Slams Stocks Into The Red

Hawkish FedSpeak Slams Stocks Into The Red Third time was the charm today for Fed speakers as first Mary Daly, then Charlie Evans and finally Loretta Mester stomped on the neck of the...

Air Canada raises annual cost forecast, earnings miss

-Air Canada on Tuesday missed on earnings as costs rise after posting a smaller quarterly loss and forecasting higher full-year expenses. North American carriers are flying more passengers after a...

Are the electric vehicle subsidies too mercantilist?

That is the topic of my latest Bloomberg column, here is one part: The bill also has mercantilist elements, which are not ideal from a climate standpoint. The subsidies apply to North...

As species recover, some threaten others in more dire shape

GLEN ARBOR, Mich. (AP) — Concealed behind trees near Lake Michigan, two scientists remotely manipulated a robotic owl on the forest floor. As the intruder flapped its wings and hooted, a merlin...

Obama shares tribute to Bill Russell: "Today we lost a giant"

Former President Barack Obama remembered the late basketball great Bill Russell on Sunday, noting that he "learned so much from the way he played, the way he coached, and the way he lived his...

Retirement Weekly: How to make the most of your retirement

Most of today’s retirees and pre-retirees view retirement as a new chapter in life. Only 27% see it as a time for rest and relaxation. This comes from Edward Jones’ and Age Wave study of more than...

For Amazon Stock, There's Only 1 Number That Matters

Amazon beat both analyst expectations and its own guidance, driving the stock up 13% after hours on Thursday. Revenue increased 7%, or 10% in constant currency, to $121.2 billion, ahead of the...

Exchange operator Cboe writes down bulk of ErisX acquisition

-Cboe Global Markets Inc on Friday reported second-quarter profit slightly below Wall Street expectations as compensation costs rose, and also said it took a $460 million writedown on its recent...

Amazon Q2: Faster Delivery, Expanded Prime Benefits, Less Discounting Than Rivals

Amazon says it is reducing costs and improving customer experience. The company says it has been able to reduce the number of customers it has to deal with. It is also reducing the cost of fuel...

Jim Cramer Says Now Is the Time to Pull the Trigger on Stocks; Here Are 2 Names That Analysts Like

Year-to-date, we’re facing deep losses – but more recently, a sharp rally. Government data released on Thursday showed a 0.9% GDP contraction in Q2. That’s two quarters in a row, the definition of...

For Amazon Stock, There's Only 1 Number That Matters

Amazon beat both analyst expectations and its own guidance, driving the stock up 13% after hours on Thursday. Revenue increased 7%, or 10% in constant currency, to $121.2 billion, ahead of the...

Here We Go Again: Record Container Ship Traffic Jam As Backlog Continues To Build

Here We Go Again: Record Container Ship Traffic Jam As Backlog Continues To Build By Greg Miller of FreightWaves If you only look at Los Angeles and Long Beach — the largest container...

Biden Nemesis Exxon Reports Record Earnings As Company Prints $20 Billion In Cash

Biden Nemesis Exxon Reports Record Earnings As Company Prints $20 Billion In Cash The Biden administration will be terribly vexed to learn that the one company it hates the most,...

Amazon Q2: Faster Delivery, Expanded Prime Benefits, Less Discounting Than Rivals

Amazon says it is reducing costs and improving customer experience. The company says it has been able to reduce the number of customers it has to deal with. It is also reducing the cost of fuel...

EV BOOST: Volkswagen ID.4 production kicks off in Tennessee

Volkswagen has initiated production of its electric ID.4 SUV at its factory in Chattanooga, Tennessee. The model is currently imported from Germany and has a starting price of $42,525. Volkswagen...

Canada welcomes U.S. bill to expand North American EV tax credits

OTTAWA - Canada on Thursday welcomed a deal reached by U.S. senators to back a bill that includes an expansion of tax credits for electric vehicles (EV) produced in North America without...

Canada welcomes U.S. bill to expand North American EV tax credits

Canada on Thursday welcomed a deal reached by U.S. senators to back a bill that includes an expansion of tax credits for electric vehicles (EV) produced in North America without excluding parts...

Stellantis earnings rise as electric vehicle sales expand

AMSTERDAM (AP) — Automaker Stellantis on Thursday reported higher earnings in the first half of 2022 compared with last year, pointing to a nearly 50% increase in global sales of battery electric...

Federal Reserve Interest Rate Hike Cycle Will End Wednesday, Analyst Says in Shock Forecast - Benzinga

The Federal Reserve will release its Federal Fund Rates at 2 pm Wednesday. Street estimates are for a.75% rate hike. “Watch the Fed abandon forward guidance and rate commitments and embrace data...

Federal Reserve Interest Rate Hike Cycle Will End Wednesday, Analyst Says in Shock Forecast - Benzinga

The Federal Reserve will release its Federal Fund Rates at 2 pm Wednesday. Street estimates are for a.75% rate hike. “Watch the Fed abandon forward guidance and rate commitments and embrace data...

Liberty Oilfield adding fleets, sees North American oil output rising

By Liz Hampton DENVER -Liberty Oilfield Services said on Tuesday it will increase the number of hydraulic fracturing fleets it runs in early 2023 to the low forties, from the mid-thirties...

GM Misses Profit Estimates as Chip Shortage Crimps Output

General Motors Co. reported weaker second quarter profit than analysts' estimates. Semiconductor shortages kept production volumes in check, GM says. GM says it is working with suppliers to...

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