Dow Jones Industrial Average topped the 40,000 level for the first time Thursday, as U.S. stocks drifted higher to add to records set a day prior.
Stock Market Rallies For Record Day
Wall Street staged a record-setting rally Wednesday for U.S. stocks.
US Inflation Eased During April; First Monthly Slowdown of 2024
Consumer inflation in the United States cooled slightly in April, after three months of elevated readings, according to the latest Labor Department data.
Walmart Invokes Some Office Layoffs; Requires Others to Relocate
Walmart announced layoffs Tuesday involving several hundred jobs at the retailer's campus offices.
Boeing Violated Deal that Avoided Prosecution After 737 Max Crashes, Justice Department Says
Boeing violated a settlement that allowed the company to avoid criminal prosecution after two deadly crashes involving its 737 Max aircraft more than five years ago.
Federal Safety Agency Investigates Waymo Self-Driving System
The National Highway Traffic Safety Administration has opened another investigation of automated driving systems; this time into crashes involving Waymo's vehicles.
Nearly 50 Red Lobster Restaurant Sites Slated for Closing
Red Lobster has announced it is closing dozens of its seafood restaurants across more than 20 states; with a possible bankruptcy looming for the company.
Biden Hiking Import Tariffs on Chinese EVs, Solar Cells, Steel, Aluminum
The Biden administration announced plans to add new tariffs on Chinese electric vehicles, advanced batteries, solar cells, steel, aluminum and medical equipment.
Amazon Robotaxi Project Under Investigation by Federal Safety Agency
Amazon’s self-driving robotaxi unit is under investigation by the U.S. government’s highway safety agency after two vehicles braked suddenly and were rear-ended by motorcyclists.
US Airlines Sue Biden Administration Over Passenger-Fee Rule
U.S. airlines are suing to block the Biden administration from requiring greater transparency regarding fees that carriers charge passengers.
United Auto Workers Prepare for Vote at Alabama Mercedes Plant
United Auto Workers is aiming for a key victory at Mercedes-Benz in Alabama.
Apple Store Employees in Maryland Vote to Authorize Strike
Workers at the first Apple Store to unionize have authorized a strike against the tech company’s retail operations.
Target to Reduce Number of Stores Carrying Pride-themed Merchandise
Target confirmed Friday it will not carry Pride Month merchandise at some stores in June.
Planet Fitness Raising Membership Prices for First Tine Since 1998
National gym chain Planet Fitness is hiking the cost of its basic membership for the first time in nearly 30 years.
Safety Administration Has 'Significant' Concern About Ford SUV Fuel-Leak Recall
U.S. National Highway Traffic Safety Administration said it has “significant safety concerns” about a Ford SUV recall repair that doesn’t fix gasoline leaks that can cause engine fires.
