Shein, one of the largest fast-fashion retailers in the world, is set to acquire the "quiet luxury" apparel brand Everlane, media reports said.

Shein will buy Everlane from majority owner L Catterton for $100 million, according to a deal signed Saturday, Puck reported. Everlane was once valued around $600 million at its peak in the 2010s.

The ...Read more

Accident investigators are set to question Boeing and other key players about a UPS MD-11 cargo plane crash in Louisville, Kentucky, that killed 15 people.

The National Transportation Safety Board will hold a two-day investigative hearing, starting Tuesday in Washington, D.C., with witnesses from UPS, Boeing and the Federal Aviation ...Read more

A wind project billed as the largest clean energy installation in the U.S. is due to come online next month, even as the pipeline of new large-scale renewables dries up amid pressure from the Trump administration.

The SunZia wind farm in New Mexico, providing 3.5 gigawatts of power capacity — enough to power one million homes annually — ...Read more

Jeff Bezos' rocket company put a satellite in the wrong spot.

But, for a company struggling to keep up with rival SpaceX, that was still a win.

The April mission marked an early success for Blue Origin’s New Glenn heavy-lift rocket, which the Kent, Washington-based company has launched just three times. Blue Origin successfully recovered New...Read more

Increased in-office work requirements helped propel improved supplier relations for the first time in 26 years for all six major automakers included in an annual index.

Southfield, Michigan-based accounting firm Plante Moran conducted the Working Relations Index survey that was taken from March 3 to April 17 and included 750 responses this year...Read more

The home on Bottlebrush Court was built in the early 1980s. The Oceanside property features four bedrooms, two baths and almost 1,600 square feet of living space on a 6,100-square-foot lot just south of the San Luis Rey River.

When it was put up for public foreclosure auction under a trustee sale in late 2022, county property records show the ...Read more

The Trump administration is poised to roll out a plan for trading digital versions of securities that could reshape the landscape of the American stock market as it continues to loosen the rules for free-wheeling crypto markets.

The Securities and Exchange Commission is expected to release its so-called innovation exemption for tokenized ...Read more

Nvidia Corp. Chief Executive Officer Jensen Huang, speaking days after he joined President Donald Trump’s summit in China, said he expects Chinese authorities to eventually allow the import of artificial intelligence chips from the U.S.

“The Chinese government has to decide how much of their local market do they want to protect,” Huang ...Read more

An agreement on U.S. agricultural sales to China outlined by the White House is raising optimism for a demand pickup beyond soybeans, helping to drive prices higher across the board for crop futures.

China has agreed to buy at least $17 billion annually in American agricultural produce through 2028, according to a fact sheet posted Sunday by ...Read more

Nurses at Rush University Medical Center have voted to unionize, a vote that will make Rush one of the largest Chicago hospitals with unionized nurses.

About 2,000 Rush registered nurses will be represented by the National Nurses Organizing Committee/National Nurses United, after 77% voted in favor of joining the union, according to the union. ...Read more

DETROIT — Businesses and commercial fleet operators are seeking ways to reduce fuel costs as prices spike, but unlike previous hikes, software technologies offer a greater opportunity for automakers to capitalize on those needs.

Fuel costs for some companies have close to doubled over the past couple of months amid the blockage of the Strait ...Read more

A jury rejected Elon Musk’s claims that OpenAI under Sam Altman’s leadership betrayed its mission to benefit the public by morphing into a for-profit business, finding that he waited too long to sue the company.

The verdict reached Monday in federal court in Oakland, California, follows a trial over the bitter feud between the entrepreneurs...Read more

Travelers will soon be able to fly from Las Vegas to Southern California on private jets at rates comparable to first-class tickets on major airlines.

Las Vegas-based Cirrus Aviation Services is launching Theos, the company’s first-ever by-the-seat, members-only flying program. It is designed to create a more curated, membership-based access ...Read more

LANSING, Mich. — Michigan Senate Minority Leader Aric Nesbitt asked the U.S. Department of Justice on Monday to investigate Gov. Gretchen Whitmer's connections to businesswoman and political donor Fay Beydoun.

On May 6, state Attorney General Dana Nessel charged Beydoun of Farmington Hills with 16 felonies, alleging Beydoun had misused a $20 ...Read more

CHICAGO — Blaming increased Illinois wagering taxes, DraftKings is shutting down its two-year-old retail sportsbook at Wrigley Field, a high-profile but small part of its business.

DraftKings, one of the leading sportsbooks in the state, will continue to operate online across Illinois, but the last day to place your bets in-person at the ...Read more

A jury rejected Elon Musk’s claims that OpenAI under Sam Altman’s leadership betrayed its mission to benefit the public by morphing into a for-profit business, finding that he waited too long to sue the company.

The verdict reached Monday in federal court in Oakland, California, follows a trial over the bitter feud between the entrepreneurs...Read more

The Bureau of Labor Statistics’ latest consumer price report is here, and the data shows most grocery staples trending upward, electric costs at all-time highs and gas prices back above $4 per gallon nationally for the first time since 2022.

Overall, inflation accelerated in April, with costs rising 0.6%. Though steep, the monthly increase is...Read more

WASHINGTON — The U.S. House has proposed an annual, nationwide registration fee of $130 for electric vehicles to help address weakening reserves for federal road maintenance.

The fee would eventually rise by $5 every two years beginning in 2029, with a maximum fee of $150. The proposal also calls for a $35 fee on plug-in hybrid models, to be ...Read more

BRACEVILLE, Illinois — Inside Illinois’ largest nuclear power plant, massive turbines pull 100,000 gallons of water a minute from Braidwood Lake.

On a recent tour of the Braidwood Nuclear Generating Station, a sprawling facility the size of two football fields and anchored by dual reactors, Constellation operators and technicians worked ...Read more

Ford Motor Co.'s stationary battery energy storage business has announced a five-year framework agreement with its first customer: a developer of energy facilities.

EDF power solutions North America, a subsidiary of France's EDF Group, will have the ability to procure up to 4 gigawatt hours of battery energy storage systems annually from Ford ...Read more