Category: Business News

A private bank is trying to force the Biden administration to end its pause on federal student loan payments, arguing that the moratorium has no legal basis and has cost the bank millions of dollars in profits

A top oil company CEO who will lead international climate talks later this year told energy industry power players on Monday that the world must cut emissions 7% each year and eliminate all emissions of the greenhouse gas methane — strong comments from an oil executive

The makers of Toblerone are stripping images of Switzerland’s famed Matterhorn and the Swiss flag from the packaging of the milk-chocolate treat as it moves some production to Slovakia

South Carolina’s governor says he is going to ask lawmakers to approve nearly $1.3 billion to bring to the state a new electric vehicle plant

Federal agriculture officials are proposing a new rule that would clarify the meaning of meat labels that say foods are “Made in the USA.”

The government is rolling out a new “dashboard” that lets travelers see which which airlines let families with young children sit together on flights at no extra cost

Kansas legislators are considering a proposal that many disability rights advocates say could help employers who pay disabled workers less than the minimum wage, bucking a national trend

Days after exiting its stake in troubled electronic cigarette maker Juul Labs, Altria announced a $2.75 billion investment in electronic cigarette startup NJOY Holdings Inc. As part of the deal, tobacco company Altria Group Inc., which makes Marlboro cigarettes, will have full global ownership of NJOY’s e-vapor product portfolio, including pod-based e-vapor product NJOY ACE

Ford says it will increase production of six models through the year as the company and the auto industry start to rebound from sluggish U.S. sales in 2022

Boeing’s CEO is missing out on a $7 million bonus because the company’s new large jet is behind schedule

The online counseling service BetterHelp has agreed to return $7.8 million to customers to settle with the Federal Trade Commission for sharing with companies including Facebook and Snapchat health data it had promised to keep private

Amazon is pausing construction of its second headquarters in Virginia following the biggest round of layoffs in the company’s history and the its shifting plans around remote work