Category: Business News

Tesla says it will cut the cost of its next generation of vehicles in half, largely by using innovative manufacturing techniques and smaller factories

Residents of low-income New Jersey communities that would get a second gas-fired power plant are urging the governor to stop the project

Shipping companies have agreed to pay nearly $97 million to settle a lawsuit with a pipeline operator over a 2021 oil spill off the coast of Southern California

The latest earnings reports from Macy’s and Best Buy show that consumers are still cutting back their spending on clothing and gadgets as inflationary pressures on everything from food to gas are straining household budgets

Experts say changing and increasingly severe weather patterns and an electrical infrastructure designed for a different time and climate can be blamed for power outages that left more than 800,000 Michigan homes and businesses in the dark over several days

Federal officials are suing a Louisiana chemical maker, alleging that it presented an unacceptable cancer risk to the nearby majority-Black community and demanding cuts in toxic emissions

The U.S. Department of Energy will provide $375 million in loans to a battery recycling company to build its first, and one of the first, lithium ion battery recycling plants in North America

Stellantis is moving closer to closing its factory in Belvidere, Illinois, as it prepares for the costly transition from internal combustion to electric vehicles

A Paris court is set to rule on a case pitting French and Ugandan environmentalist groups against oil giant TotalEnergies regarding a major oil field and pipeline projects in east Africa

The Commerce Department is opening the application process for computer chip manufacturers to access $39 billion in government support to build new factories and expand production

A frigid February for Wall Street closed out with more losses

Target plans to invest as much as $5 billion this year expanding services for customers, including a drive up service for returns, renovations at 175 stores and improvements in online shopping