Business

Ford CEO Says ‘Employee Pricing’ for Everyone Will Continue Amid Auto Tariffs

Ford CEO Jim Farley said company policy to extend “employee pricing” to all Ford customers will continue amid uncertainty over auto tariffs.

US Economy Contracts in 1st Quarter for First Time Since 2022

The U.S. economy contracted to kick off 2025 as a spike in imports weighed on the country’s growth prospect
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Amazon Launches First Satellites for Starlink Rival Kuiper

Amazon launched the first 27 satellites for its Kuiper broadband internet constellation into space from Florida on Monday.

IBM Announces $150 Billion US Investment to Boost Quantum Computing and Manufacturing

IBM said it operates ’the world’s largest' fleet of quantum computer systems and will continue to design, build, and...

US Manufacturing Shows Signs of Improvement as Factory Output, Orders Tick Higher

U.S. manufacturing showed modest but meaningful improvement in April, according to data by S&P Global, which showed factory output and orders ticking higher.

US Stock Markets Rally Amid Trump’s Latest Remarks on Fed’s Powell, China

U.S. stocks surged on April 23, as President Donald Trump clarified his stance on Federal Reserve Chair Jerome Powell and China tariffs.

Chobani Plans to Invest $1.2 Billion for Yogurt Facility in New York: Gov. Hochul

Greek yogurt maker Chobani is set to open a $1.2 billion state-of-the-art processing facility in Rome, New York.

Tesla’s First-Quarter Profits Tumble 71 Percent

Shares of Tesla Motors were little changed in extended trading after EV maker’s first-quarter earnings report fell short of Wall Street estimates.