Government, Business, Technology, Safety

Walmart, Tesla Settle Lawsuit Over Fiery Solar Panels

NEW YORK — Walmart and Tesla have settled a lawsuit filed by the retail giant alleging that Tesla installed rooftop solar panels that caught fire.

November 6, 2019
Government, Business

WTO: China Can Hit US With Sanctions Worth $3.6 Billion

GENEVA — The World Trade Organization says China can impose sanctions on up to $3.6 billion worth of U.S. goods over the U.S. government’s failure to abide by anti-dumping rules with regard to Chinese products.

November 1, 2019
Business, Fuel

Exxon Profit Plummets With Plenty of Oil to Go Around

IRVING, Texas — Exxon Mobil’s profit tumbled with crude prices down about 15% from where they were last year, though a $300 million boost from a tax-related item helped.

November 1, 2019
Business, Technology, Autonomous

Fiat Chrysler, Peugeot to Create Fourth-Biggest Carmaker

MILAN — Fiat Chrysler and France’s PSA Peugeot said Oct. 31 they have agreed to merge to create the world’s fourth-largest automaker with enough scale to confront big shifts in the industry, including a race to develop electric cars and driverless technologies.

October 31, 2019
Business, Equipment

General Motors Workers Ratify Contract, 40-Day Strike to End

ROMULUS, Mich. — Striking General Motors factory workers will put down their picket signs after approving a new contract that will end a 40-day strike that paralyzed the company’s U.S. production.

October 25, 2019
Government, Fuel

Trump Taps Perry Deputy Dan Brouillette to Replace Him at Energy Department

WASHINGTON — President Donald Trump says he is nominating a deputy to Energy Secretary Rick Perry to replace him in the top job at the Energy Department.

October 18, 2019
Government, Business, Logistics, Top 100

FedEx Files $212 Million Building Permit for World Hub in Tennessee

MEMPHIS, Tenn. — FedEx officials confirm the company has filed a building permit for its new package sorting facility and world hub in Tennessee.

October 17, 2019
Business, Equipment

Mack Truck Workers Begin Strike at Plants in 3 States

Thousands of Mack Truck workers were on strike Oct. 13 at plants in three states, the first such walkout in decades.

October 15, 2019
Government, Business

Hope of Coming Back to Shuttered GM Plant Fades for Workers

Many former Lordstown assembly plant workers now spread across GM factories in seven states were hoping that the automaker would agree during contract talks to revive production that ended in March and rescue their old jobs. But that hope is dwindling.

September 27, 2019
Business

Long-Term Mortgage Rates Fall; 30-Year at 3.64%

WASHINGTON — U.S. long-term mortgage rates fell this week following a sharp rise the week before, making September the most volatile month for the key 30-year loan since March.

September 26, 2019