Federal Reserve officials opened the door to more aggressive interest-rate increases over the coming months, after faster-than-expected inflation in October injected a new sense of urgency into the central bank’s bid to tame prices.

Governor Christopher Waller warned on Tuesday that a half-percentage-point rate increase by the Fed in December...Read more

International Business Machines Corp. is ending immigration sponsorship for some roles in its largest division following a crackdown by the Trump administration on a visa program that’s been a talent pipeline for the tech industry.

“We have opted to discontinue visa and green card sponsorship for the majority of such roles in IBM Consulting...Read more

OpenAI’s quarterly revenue hit $10 billion for the first time in the three months ending in September, according to a person familiar with the matter, driven by strong demand for its latest artificial intelligence software.

The ChatGPT maker’s revenue increased nearly 50% from the prior quarter and nearly threefold from the same period a ...Read more

Frontier Airlines is adding a touch of luxury to its budget-friendly flights.

The Denver-based carrier announced Tuesday that reservations are now open for its new first-class and extra-legroom seating options.

The seats are available for travel beginning March 5, with one-way fares starting at $90 for the Premium bundle, which includes extra ...Read more

California’s efforts to repair its troubled home insurance market could be headed for a rethink under Jane Kim, who has proposed a state-run wildfire insurance plan that has little precedent elsewhere.

While outgoing Commissioner Ricardo Lara has sought to persuade private insurers to sell more policies by giving them greater flexibility in ...Read more

A longtime Sonoma winery could be forced to shutter to pay millions in overdue debt, potentially becoming the latest casualty in California wine country.

Ehren Jordan Wine Cellars' lender, First Citizens Bank & Trust Co., sued the winery in Napa County Superior Court.

First Citizens Bank & Trust filed the lawsuit on Nov. 4 against winemaker ...Read more

Boeing delivered just 32 737 Max planes in October, its lowest number of monthly Max handoffs since November 2025.

The October delivery rate is significantly lower than it has been for most of the year, with Boeing handing over 43 Maxes in September, 41 in August and 39 in July.

Its Max deliveries peaked so far this year in May with 51 and ...Read more

Illinois has agreed to temporarily delay enforcement of its expected restrictions on sales of intoxicating hemp products for a number of businesses that sued to stop it, according to a court filing.

Starting Thursday, the state is set to ban the sale of intoxicating hemp products other than at cannabis dispensaries. The products have been legal...Read more

Anthropic PBC can begin formally marketing its much-anticipated IPO as early as Tuesday, enabling it to make the case to investors that now is the right time to go public despite last week’s swoon in artificial intelligence-related stocks.

The gyrations of the past week briefly sent the Cboe Volatility Index, known as the fear gauge, above 25...Read more

When the Trump administration suspended Microsoft from a program that puts workers on the path to a green card, the move appeared to single out the Redmond, Washington-based tech giant for its hiring of foreign workers.

But it was not the first attack from the administration on Microsoft and other tech firms over their use of the H-1B visa ...Read more

Ford Motor Co., which has issued more than twice the recalls of any other automaker this year, faces another safety issue that has prompted a preliminary federal investigation.

The National Highway Traffic Safety Administration said Monday that it had opened the evaluation of more than 1.2 million Ford Motor Co. vehicles over the accidental ...Read more

Furthering eastern Connecticut’s status as a revived economic powerhouse, Pfizer this week announced plans for a $650 million manufacturing technology center in Groton.

The project comes as U.S. Boat’s extraordinary growth adds thousands of jobs along the coastline and Uline prepares for a Nov. 14 hiring fair at its new 1.2-million-square-...Read more

As an eye-popping scandal involving an alleged Chinese honeypot spy and a high-profile CEO roils Silicon Valley’s second-most-valuable company, an investor filed a lawsuit Monday claiming the company, Nvidia, and the CEO, Jensen Huang, made false statements that devastated its stock price.

Revelations that Huang, whose Santa Clara company ...Read more

The maker of Chrysler, Dodge and Jeep on Monday said it has signed an agreement to sell its idled assembly plant outside Toronto to a Canada-based defense manufacturer — a move the the Canadian autoworkers union called a "betrayal."

The sale of Brampton Assembly Plant to Roshel for an undisclosed amount comes amid negotiations between ...Read more

SpaceX plans to construct, own and operate a gas-fired power plant and super-compute facility at its company town in Starbase, Texas, according to a notice of a public hearing on the city’s website.

The estimated investment for the initial phase of the project is $24 billion. The city commissioner will consider the approval of a tax abatement...Read more

Honda Motor Co. plans to build a $3 billion factory in central Ohio to manufacture its next-generation hybrids, boosting its output capacity for the popular vehicles.

The Japanese automaker announced on Monday the new plant will start production in 2029 and expand its output by 240,000 vehicles a year. Honda has been mulling over the decision ...Read more

David Ellison's Skydance Corp. is setting the stage for big changes in 2027.

Since Skydance closed its $111 billion deal for Warner Bros. Discovery last month, Ellison's team has been scouring the vast Skydance portfolio for cuts and efficiencies as executives work to integrate the operations of the two legacy entertainment companies in the ...Read more

Philadelphia’s glass-faced Riverwalk apartment towers offer an infinity pool, hardwood floors and an on-site Starbucks. One unadvertised feature surprised residents: windows that can spontaneously explode.

Now the buildings’ owner is suing its Bloomington, Minnesota-based window provider, Apogee Enterprises. The lawsuit says the windows ...Read more

Chicago can look tantalizing from the window of an airplane on its descent into O’Hare International Airport.

But much to the chagrin of air travelers who might glimpse the city’s skyline rising over Lake Michigan on their way in, touching down at O’Hare isn’t exactly the same as arriving. That’s because taxi times at the airport are ...Read more

Christopher McMahon is thinking about going back to work.

The 65-year-old retired from Boeing in 2022 after over three decades in the company's Seattle-area offices. But the spiking cost of health insurance has him considering whether to get a part-time job.

McMahon, who lives in Des Moines, Washington, is enrolled in an Aetna Medicare ...Read more