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Detroit Asks US to Move Faster on Self-Driving Car Rules
Major automakers want Congress and the Trump administration to move faster to make it easier to deploy autonomous vehicles without human controls as new robotaxi tests expand.
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Ireland Moves to Block Trade With Israeli Settlements
Ireland's government is moving toward a ban on trade with Israeli settlements in East Jerusalem and the West Bank and is pressuring other European Union nations to do the same.
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US New Vehicle Sales Set to Rise 2.5% in June
U.S. total new vehicle sales are expected to rise 2.5% to 1.25 million units on an adjusted basis for the month of June, J.D. Power and GlobalData said in a joint report Wednesday.
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IPO Activity Slumps in 2025 as Tariffs, Volatility Weigh
Global equity IPOs have plunged this year, weighed down by heightened business uncertainty from U.S. tariffs, elevated market volatility and higher interest rates that have raised funding costs and made listings less appealing for issuers.
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Social Media Teen Ban Can Work, Australian Govt Says
Australia's world-leading ban on under-16s joining social media sites cleared a big hurdle Friday as a trial found digital age checks can work "robustly and effectively."
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US Crude Stocks Fall; Gasoline, Distillate Inventories Rise
U.S. crude stocks fell while gasoline and distillate inventories rose in the week ending June 13, the Energy Information Administration said Wednesday.
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Solar Stocks Drop on Proposal to Phase Out Tax Credits by 2028
U.S. solar stocks dropped in premarket trading Tuesday after a Senate panel proposed a full phase-out of solar and wind energy tax credits by 2028, as part of changes suggested to President Donald Trump's sweeping tax-cut and spending bill.
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EPA to Stop Enforcing Violations Against Fossil Fuel Companies
The U.S. Environmental Protection Agency has told staff to stop enforcing violations against fossil fuel companies, CNN reported on Monday, citing multiple sources. Reuters could not immediately confirm the report....
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Oil Dips With Mideast, Central Banks in Focus
World shares nudged up Monday, with oil prices steadier but holding on to most of last week's increase, as the conflict between Israel and Iran added further uncertainty to the world's economic troubles in a week packed with central bank meetings.
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Global Airline, Travel Stocks Slide as Israel Strikes Iran
Global airline stocks tumbled in premarket trading Friday as Israel's widescale strikes on Iran drove a more than 9% surge in oil prices and prompted carriers to clear out the airspace over Israel, Iran, Iraq and Jordan.
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Experts Buck Trending Data on Air Travel Safety
The crash of an Air India passenger jet bound for London on Thursday that killed 241 of the 242 people on board is raising questions about what appears to be an alarming rise in the number of aviation disasters.
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China's Auto, Tech Giants Threaten Tesla's Self-Driving Future
Chinese electric-vehicle makers led by BYD beat Tesla in the competition to produce affordable electric vehicles.
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OpenAI Revenue Doubles to $10B From $5.5B in Dec.
OpenAI said Monday its annualized revenue run rate surged to $10 billion as of June, positioning the company to hit its full-year target amid booming AI adoption.
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Pfizer CEO: 'No Commitment' to US Govt on Drug Pricing
Pfizer and other drug companies have met with the Trump administration to discuss lowering U.S. drug prices but no commitments have been made, Chief Executive Albert Bourla said Monday.
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YouGov Poll: Republicans Side With Trump in Feud With Musk
Although a YouGov poll released Friday showed more Americans favor President Donald Trump than Elon Musk in their public spat, the majority said they don't favor either one.
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Amazon's Delivery and Logistics to Get an AI Boost
Amazon wants customers to know that artificial intelligence is not just for writing college essays.
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AI Startup Valuations Go Sky-High on 'Code Gen'
Two years after the launch of ChatGPT, return on investment in generative AI has been elusive, but one area stands out: software development.
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Meta, Constellation Nuclear Plant Sign Power Agreement
Meta Platforms Tuesday said it has struck an agreement with Constellation Energy to keep one of the utility's reactors in Illinois operating for 20 years, in the Big Tech company's first such deal with a nuclear power plant.
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Airlines: Credit Card Fee Crackdown Imperils Flight Deals
Major airlines said Monday they oppose a new effort to advance legislation that would reduce fees charged by Visa and Mastercard on transactions, saying the bill could force them to stop offering rewards credit cards that give consumers frequent flyer miles for making...
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Trump Bristles at Idea He's 'Chickening Out' on Tariffs
President Donald Trump shot back Wednesday at a new term coined by a Financial Times columnist suggesting he is backing down on his tariff policy when he postpones or reduces initial levies after a stock market slump.
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Vance Featured at $1M per Head Fundraiser for Trump
Vice President JD Vance will be the "special guest speaker" at a fundraiser for President Donald Trump's super PAC in Las Vegas on Tuesday that will net $1 million per attendee.
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Nuclear Stocks Surge on Report of Trump Boost to Industry
Shares of nuclear power companies surged after a report that U.S. President Donald Trump would sign executive orders as early as Friday to jumpstart the industry.
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California Gas-Car Ban OVERTURNED by Senate
We have some huge news! This directly affects your freedom and your ability to drive your car. The U.S. Senate voted on a bill to halt the California EV mandate, which requires 80% of new vehicle sales to be electric by 2035 and has been adopted by 11 other states.
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Homeowners Spending on Renovations, Repairs
U.S. homeowners are spending more on home renovation projects, bucking a broader pullback by consumers amid diminished confidence in the economy.
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Senate Dems Revive Congressional Stock Trading Ban
Senate Democrats led by Jon Ossoff of Georgia and Mark Kelly of Arizona reintroduced legislation on Thursday that would ban stock trading by members of Congress.