NEW YORK — Stocks that traded heavily or had substantial price changes on Thursday: Tesla Inc., down $25.20 to $182.63. The electric vehicle maker reported disappointing fourth-quarter earnings and warned of “notably lower” sales growth this year. International Business Machines Corp., up $16.50 to $190.43. The technology and consulting company beat analysts’ fourth-quarter earnings and…
HARTFORD, Conn. — A 25-year-old professional dancer from England who moved to New York City to pursue her career has died after eating a mislabeled cookie containing peanuts, part of a batch that has since been recalled. The grocery retailer Stew Leonard’s announced Tuesday that Vanilla Florentine Cookies sold in its stores in Danbury and…
SAN FRANCISCO — General Motors is facing a U.S. Justice Department investigation into a gruesome collision that critically injured a pedestrian and derailed its self-driving car ambitions. The Justice Department inquiry disclosed in a report Thursday is the latest twist in a debacle that began in October after a robotaxi operated by GM’s Cruise subsidiary…
SANTA FE, N.M. — An effort to modernize state oversight of a thriving petroleum industry in the nation’s No. 2 state for oil production advanced past its first committee vetting Thursday at the New Mexico Legislature. The bill would rewrite portions of the state’s 1930s-era Oil and Gas Act in order to help regulators keep…
NEW YORK — Denim giant Levi Strauss & Co. said Thursday that it’s slashing its global corporate workforce by 10% to 15% in the first half of the year as part of a two-year restructuring plan that seeks to cut costs and simplify its operations. The company employed about 19,100 people as of the end…
FTC launches inquiry into how big tech companies such as Microsoft, Amazon and Google are holding sway over AI startups
MILAN — Italian Premier Giorgia Meloni slammed carmaker Stellantis, accusing it of weakening Italy’s industrial footprint since the merger of FiatChrysler and PSA Peugeot that created the world’s fourth largest auto maker. As one of Italy’s top private sector employers, Fiat and its successors, FiatChrysler and then Stellantis, have always gotten government attention, but rarely…
NEW YORK — NEW YORK (AP) — Microsoft is laying off about 1,900 employees in its gaming division, according to an internal company memo, just over three months since the tech giant completed its $69 billion purchase of video game maker Activision Blizzard. The job cuts represent about an 8% reduction of Microsoft’s 22,000-person gaming…
Boeing 737 Max 9 jetliners will carry passengers in the United States again, starting this weekend, for the first time since they were grounded after a panel blew out of the side of one of the planes. Alaska Airlines plans to resume flights with its Max 9s on Friday, and United aims to follow suit…
U.S. stocks closed higher following signals that the economy is growing more powerfully than economists expected
End of content
End of content