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US economy

EV Makers Get Two-Year Reprieve on Tax-Credit Restrictions

The Biden administration softened its proposed limits on tax credits for electric vehicles, letting consumers get up to $7,500 for...

Global Economy

Mexico's Wage Hikes Are a 'Blessing' and Curse for Employers

Mexico’s leading presidential candidate Claudia Sheinbaum plans to keep raising wages for workers. That’s good and bad news for the...

Brazil Seeks to Boost Gas Supply With Petrobras

Brazil’s oil giant Petrobras should increase its efforts to boost natural gas supplies and lower prices to help revive the...

Corporations

Apple Is Buffett's Best Investment. It's Also Now One of His Riskiest.

Apple is Warren Buffett’s greatest investment. It has also become one of his riskiest. ...

Boeing's Latest Trouble Is a Jet Part Caught Up in Russia Sanctions

Boeing has more parts trouble, but this time it doesn’t stem from manufacturing snafus or the 737 jet. The blame...

FTC Seeks More Information on $16.5 Billion Novo-Catalent Deal

A $16.5 billion deal aimed at boosting Novo Nordisk’s production of the weight-loss drug Wegovy is drawing extra scrutiny from...

Google Takes Questions Over Ads as US Trial Comes to a Close

Judge Amit Mehta presided over two days of closing arguments, concluding on Friday, in the US antitrust challenge to Alphabet...

Pemex Starts Low-Sulfur Diesel Tests to Boost Fuel Production

A new refinery operated by Mexico’s state oil company is starting tests to produce ultra low-sulfur diesel, paving the way...

Markets

Bitcoin's Wild Price Swings Point to the Rising Influence of ETF Buyers

Bitcoin appears to be conforming more to the conventional viewpoints of traditional investors who have recently entered the digital asset...