The Federal Reserve is widely expected to lower interest rates this week after holding borrowing costs at a two-decade high for more than a year.

By how much, however, remains an open question.

Forecasters largely anticipate the Federal Open Market Committee will reduce rates by a quarter point to a range of 5% to 5.25%, though economists at ...Read more

In its relentless search for ways to weave digital products into people's lives, Big Tech has achieved some big wins. Smart phones are ubiquitous. Apple Watch users talk to their wrists. Artificial intelligence-powered assistants are everywhere.

But convincing people to wear computers on their faces has been a dud. So far, at least.

Augmented...Read more

Alaska Airlines expects to close its merger deal with Hawaiian Airlines soon after it cleared a Department of Transportation review Tuesday.

The DOT said SeaTac, Washington-based Alaska can acquire Hawaiian but, it required “enforcement, public-interest protections” from the two airlines before the merger. These include protecting the value...Read more

For many, it’s a flavor of college parties or perhaps a favorite beach cocktail. Now global brands Coca-Cola and Bacardi are teaming up to make rum and Coke in a can.

The Atlanta-based beverage giant is plowing deeper into the market for canned cocktails, announcing Bacardi Mixed with Coca-Cola, which will launch next year in Mexico and parts...Read more

ST. LOUIS COUNTY, Missouri — Express Scripts, Inc. sued the Federal Trade Commission on Tuesday over a report the pharmacy benefit management company called “unfair, biased, erroneous and defamatory.”

Headquartered in North St. Louis County, Express Scripts, a subsidiary of The Cigna Group, is demanding the FTC retract a report it made in...Read more

WASHINGTON — With a deal still in flux, the U.S. auto industry keeps pushing top government officials to allow the proposed acquisition of United States Steel Corp. by Japanese rival Nippon Steel Corp.

That push, analysts told The Detroit News, signals how much the global auto industry operating in the United States stands to benefit from ...Read more

OAKLAND, California — The war of the names between two of the region’s three major airports has widened now that San Francisco has asked a federal court to block Oakland from using the new name for the East Bay airport.

San Francisco has asked a federal court to block Oakland from continuing to use the new name of the East Bay aviation hub,...Read more

SAN FRANCISCO — When Elon Musk took over Twitter in 2022, it marked a new era for the struggling San Francisco company.

As the deal neared completion, Musk, the eccentric entrepreneur known for leading Tesla and SpaceX, tweeted, “Entering Twitter HQ — let that sink in!” with a video of him carrying a white sink into Twitter’s San ...Read more

FLAT ROCK, Michigan, and TROY, Michigan — A slower-than-expected ramp-up of electric vehicle production and sales present major risks for suppliers, and major Tier 1s are tackling that challenge differently.

Suppliers are making special requests, forging new types of partnerships and prioritizing adaptability as the mix of gas-powered, hybrid...Read more

At this point, smartwatches are expected to tell you more than just the time of day or your step count. So more technology companies have turned to your health, such as tracking sleeping patterns and your heart rate, as the next key upgrade.

San Diego’s Qualcomm has struck a new partnership to do just that with Masimo, a medical technology ...Read more

Google bought advertising technology provider AdMeld in 2011 because the search giant saw the startup as a “threat” to its online display ad strategy, antitrust enforcers sought to show at trial Monday.

The purchase of the company was portrayed by the Justice Department in its monopolization trial against the Alphabet Inc. unit as an ...Read more

The fight for the future of Rupert Murdoch's media empire began Monday in a Nevada courtroom.

The 93-year-old media titan is petitioning to change his irrevocable family trust to ensure his eldest son, Lachlan, will have sole control over his media companies News Corp. and Fox Corp. after the elder Murdoch's death.

News Corp. owns influential ...Read more

The United Auto Workers says it's worried Stellantis NV wants to move Dodge Durango SUV production from Detroit to Canada, adding that the company has refused to share any information about its vehicle plans or investments recently.

The union said it filed an unfair labor practice charge with the National Labor Relations Board on Monday, which ...Read more

Production cuts are hitting the Stellantis NV plant in Toledo, Ohio, that builds the Jeep Gladiator pickup and Wrangler SUV this week, the latest of several factory pauses or slowdowns by the automaker as it deals with large vehicle inventories and other challenges.

The automaker paused production of the Gladiator at the Toledo Assembly Complex...Read more

Rabi Asghar, 37, didn’t realize just how expensive divorced life would be until after the paperwork was filed and the dust had settled.

Without a partner to split bills, the cost of daily life ballooned. For the first time in years, he found himself having to shoulder the full burden of utilities and groceries on his own. His ex had taken the...Read more

Boeing on Monday announced internally a series of sweeping cost-cutting moves in response to the Machinists strike, and said it may temporarily lay off some employees, including managers and executives.

The cost-cutting measures also include significant holds on taking aircraft parts from suppliers, an action that will ripple through the ...Read more

Amazon will require employees to work from the office five days a week, starting in January, the tech giant announced Monday.

It’s a shift from the current three-day-a-week return to office mandate, which Amazon has had in place since May 2023. In a note to employees Monday, CEO Andy Jassy wrote that the company is going to return to being in...Read more

Zara. Shein. Walmart?

In its latest bid to be seen as an affordable fashion destination, Walmart is hitting the road to prove that it has more to offer beyond household essentials and grocery staples.

The mega-retailer has embarked on a Walmart Style Tour, bringing its collection of fall styles directly to consumers at more than 40 shopping ...Read more