Latest Shanghai quarantines add more pressure to global supply chain
The latest mass quarantine measures in Shanghai, including highway closures, severely affected trucks carrying exports bound for the city's port.
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Fed likely to boost interest rates by three-quarters of a point this week
Markets are beginning to anticipate an even faster pace of rate hikes, and Fed officials apparently will satisfy growing expectations.
Starbucks union: Company threatens that unionizing could jeopardize gender-affirming health care
Starbucks union alleges the company is threatening to take away gender-affirming health care for unionized cafes
Jan. 6 committee postpones hearing on Trump's alleged push for DOJ to influence 2020 election
The hearing was set to detail how Trump allegedly pushed the DOJ to spread his false claims that the 2020 election was rigged against him.
Ford issues stop-sale of electric Mustang Mach-E crossovers due to potential safety defect
Ford says the issue with the Mustang Mach-E crossovers could cause the vehicles to become immobile.
Real estate firms Compass and Redfin announce layoffs as housing market slows
In filings with the Securities and Exchange Commission, Compass announced a 10% cut to its workforce, and Redfin announced an 8% cut.
Apple continues push into live sports with Major League Soccer deal
The move is the latest push from Apple to anchor its streaming service with live sports.
Elon Musk says SpaceX will have Starship 'ready to fly' in July, amid FAA work
SpaceX will have a Starship prototype rocket "ready to fly" by July, Elon Musk says, for a crucial milestone that is pending a regulatory license.
Worker shortages, supply chain crisis fuel 2022 Top States for Business battle
A war for workers and a supply chain in crisis are among the top factors in the battle between states to attract the big businesses like Intel, Ford and Rivian.
Apple's new 13-inch MacBook Pro with M2 chip goes on sale Friday
Apple's new MacBook Pro, announced during WWDC, goes on sale on Friday, June 17, and will arrive to customers and launch in stores on June 24.
U.S. airline bookings slipped again in May with fares 30% higher than 2019
Adobe data show airline bookings fell 2.3% in May from April as fares surged.
Boeing delivers 35 planes in May as it grapples with supply chain problems
Boeing is facing supply chain problems for its 737 Max and a continued pause in 787 Dreamliner deliveries.
Wholesale prices rose 10.8% in May, near a record annual pace
Wholesale prices rose at a brisk pace in May as inflation pressures mounted on the U.S. economy, the Bureau of Labor Statistics reported.
Stocks making the biggest moves in the premarket: Continental Resources, Oracle, National Vision and more
The stocks making the biggest moves in premarket trading include Continental Resources, Oracle, National Vision, and more.
U.S. holds 'candid' and 'productive' talks with China in nearly 5-hour meeting
A senior administration official described the talks, which were held in Luxembourg, as "candid, in-depth, substantive and productive."
The California exodus continues as residents head south of the border
Californians are increasingly making the move to Mexico to escape rising housing prices, traffic and expensive healthcare.
Here are the main takeaways from the Jan. 6 Capitol riot committee's second hearing
The next hearing will look at Trump's "broader planning for January 6, including his plan to corrupt the Department of Justice," Vice Chair Liz Cheney said.
Jack-and-Coke in a can: Coca-Cola and Brown-Forman team up for new drink
It marks the fourth new alcoholic drink in Coke's portfolio in less than two years.
Oracle shares rise on better-than-expected earnings report
Oracle exceeded estimates on the top and bottom lines for its fiscal fourth quarter.
CEOs of GM, Ford and other automakers urge Congress to lift electric vehicle tax credit cap
The executives say the tax credit is critical to keep the vehicles affordable as production and commodity costs rise.
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