Intel Corp. is poised to announce plans this week to cut more than 20% of its staff, aiming to eliminate bureaucracy at the struggling chipmaker, according to a person with knowledge of the matter.

The move is part of a bid to streamline management and rebuild an engineering-driven culture, the person said, asking not to be identified because ...Read more

Alphabet Inc. pays Samsung Electronics Co. an “enormous sum of money” every month to preinstall Google generative AI app, Gemini, on its phones and devices, according to court testimony, even though the company’s practice of paying for installations has twice been found to violate the law.

The company began paying Samsung for Gemini in ...Read more

The basic technology behind Ambient Photonics’s solar cells is so simple that it’s routinely assembled as a high school science experiment. In labs across the U.S., students sandwich blackberries’ potent pigment between glass to create dye-sensitized cells capable of harnessing energy from the sun.

Ambient Photonics’s process is more ...Read more

A San Diego federal judge on Tuesday blocked the Trump administration from enforcing a rule that the government said would crack down on money laundering but that a San Diego small business owner argued would likely force her to close down.

The rule, enacted last week by the U.S. Department of the Treasury’s Financial Crimes Enforcement ...Read more

Tesla is off to a bumpy start this year.

The electric vehicle giant’s profit plunged 71% in the first quarter to $409 million as the company faced a flurry of setbacks, including looming tariffs and a brand crisis perpetuated by Chief Executive Elon Musk’s prominent role in the Trump administration.

The Austin, Texas-based company reported...Read more

Up to 100 workers at Volvo Group’s engine and transmission plant in Hagerstown will be part of hundreds of layoffs in three states amid market uncertainty and recent tariffs.

Volvo Group, a maker of heavy-duty trucks, plans to lay off as many as 800 people at facilities in Maryland, Pennsylvania and Virginia, a spokesman said Tuesday.

“...Read more

President Trump's tariffs, along with growing land-use and environmental regulations, could devastate Southern California's nearly $300 billion trade and logistics industry in the coming years, according to a Los Angeles County Economic Development Corp. report released Tuesday.

The report, commissioned last year by the public policy group ...Read more

Amazon is obligated to collectively bargain with warehouse workers at its San Francisco distribution facility, the U.S. federal labor board says.

A complaint issued Monday by a regional director of the National Labor Relations Board accused Amazon of illegally refusing to negotiate with employees after a majority signed union authorization ...Read more

ST. LOUIS — Attorneys general from about 30 states, including Missouri, say the popular DNA testing company 23andMe shouldn't be allowed to decide on its own how to handle the genetic data of its 15 million customers as the company goes through bankruptcy.

The states are asking the court to appoint an independent consumer privacy ombudsman ...Read more

CHICAGO — Neil Schneider and his co-workers at architectural firm HOK are already enjoying the 11th floor cafe and gathering spaces at One Prudential Plaza in the East Loop and look forward to using a revamped outdoor amenity deck by summer.

“People can go down there with their lunch, enjoy it and not feel they have to be in the office all ...Read more

Target CEO Brian Cornell and other retail chiefs had a “productive meeting” about tariffs on Monday with President Donald Trump.

The meeting, which included Walmart CEO Doug McMillon and Home Depot CEO Ted Decker, was “to discuss the path forward on trade,” Target said in a statement. “We remain committed to delivering value for ...Read more

President Donald Trump’s trade war is threatening the global financial stability that’s kept banks and insurers safe since the 2008 crisis, the International Monetary Fund warned, as it urged policymakers to bolster their industries’ defenses.

The world has seen a sharp repricing of some assets and heightened volatility across stock, ...Read more

President Donald Trump met with top American retailers Monday to discuss the impact of tariffs on their businesses.

The meeting took place at the White House and included Target CEO Brian Cornell, Walmart CEO Doug McMillon and Home Depot CEO Ted Decker.

“We had a productive meeting with President Trump and our retail peers to discuss the ...Read more

A new study shows a decline in customer satisfaction with airlines and other travel firms, according to the American Customer Satisfaction Index.

The decreased satisfaction comes amid a drop in travel, a shaky economy and concerns about the future for premium travel services, the study says.

Business travelers and other “high-value” ...Read more

DETROIT — Smart roads that enable vehicles to communicate with traffic infrastructure could help goods and people travel faster and be the key to unlocking innovation to help the United States compete with China, one Bank of America automotive analyst is suggesting.

Worries about China's economic activity and research and development are ...Read more

Boeing Co. agreed to sell its flight navigation unit and related assets to Thoma Bravo for $10.6 billion in cash, the first major portfolio transaction under Chief Executive Officer Kelly Ortberg as he seeks to shore up the planemaker’s finances.

The deal involving the Jeppesen business also includes Boeing’s ForeFlight, AerData and ...Read more

Stellantis NV's Detroit Assembly Complex plants that build Jeep Grand Cherokee and Dodge Durango SUVs will pause production next week, the latest of several plant cutbacks made by the automaker in recent weeks.

The Mack and Jefferson North facilities in east Detroit will halt production for the week of April 28, with Mack also scheduled to take...Read more