Government, Business, Technology

US Commits to $7.54B Loan for Stellantis EV Battery Plants

Stellantis and joint venture partner Samsung have won a commitment from the U.S. government for a loan worth up to $7.54 billion to help build two electric vehicle battery plants in Kokomo, Ind. 

December 2, 2024
Government, Business, Safety

Great Lakes Region Prepares for More Snow

ORCHARD PARK, N.Y. — Parts of the Great Lakes region saw new snow Dec. 2 and faced the prospect of even more this week after U.S. travelers battled harsh weather to get home after Thanksgiving.

December 2, 2024
Business, Technology, Equipment

Jaguar Rebrand Promo Shows Logo, but Where’s the Car?

NEW YORK — A promotional video for a rebrand of British luxury car brand Jaguar is being criticized online for showing models in brightly colored outfits — and no car.

November 20, 2024
Business, Equipment

Ford to Cut 4,000 Jobs in Europe

FRANKFURT, Germany — Ford says it will reduce its workforce by 4,000 in Europe and the U.K. by the end of 2027, citing the economy and weak sales of electric cars.

November 20, 2024
Government, Business, Safety

Biden Races to Get Out Infrastructure Spending

Biden administration officials hope that projects funded under the $1 trillion infrastructure law and $375 billion climate law will endure beyond the president's term.

November 15, 2024
Government, Business

Workers at Canada’s National Postal Service Go on Strike

TORONTO — Workers at Canada’s national postal service are on strike after failing to reach a negotiated agreement with Canada Post.

November 15, 2024
Business, Equipment

General Motors Lays Off About 1,000 Workers

DETROIT — General Motors is laying off about 1,000 workers worldwide, shedding costs as it tries to compete in a crowded global automobile market.

November 15, 2024
Business, Private

Home Depot’s Q3 Results Top Expectations

Home Depot continued to deal with a pullback in spending from customers in fiscal Q3, but it was less severe than in the past, and its performance beat Wall Street’s expectations.

November 12, 2024
Government, Business, Technology, Safety

NHTSA Probes Whether Engines on 1.4 Million Hondas May Fail

DETROIT — The U.S. government’s highway safety agency is investigating complaints that engines can fail on as many as 1.4 million Honda and Acura vehicles.

November 12, 2024
Government, Business, Safety

NHTSA Ends Investigation Into Ford Engine Failures

DETROIT — NHTSA has ended a 2½-year investigation into Ford engine failures after the company replaced engines or extended the warranty on some vehicles.

November 4, 2024