More than 47,000 hourly workers at General Motors Co. will get profit-sharing payments of $10,500 for 2025 as the automaker posted full-year earnings of $2.7 billion despite sliding to a $3.3 billion fourth-quarter loss, according to financial data released Tuesday.

For every $1 billion GM makes in North America, the automaker's hourly U.S. ...Read more

As Boeing celebrated a successful 2025 with increased profits and higher commercial airplane production, company executives were already focused on the challenges ahead.

Speaking Tuesday, Boeing CEO Kelly Ortberg told investors the manufacturer planned to again increase 737 Max production this year, and had begun preparing for a fourth Max ...Read more

TikTok agreed to settle the first in a series of closely watched product liability cases Monday, bowing out on the eve of a landmark trial that could upend how social media giants engage their youngest users and leave tech titans on the hook for billions in damages.

The settlement was reached as jury selection was set to begin in Los Angeles ...Read more

MINNEAPOLIS — Several of Minnesota’s largest companies are funding $3.5 million in grants for small businesses that are financially struggling during the ongoing federal immigration crackdown in the state.

The Minneapolis Foundation announced the grants Tuesday and will start distributing money in the coming weeks. The nonprofit will ...Read more

Amazon.com Inc. is shuttering its Amazon-branded grocery stores and automated grab-and-go markets, eliminating two centerpieces of its push into physical retail.

Amazon Fresh and Amazon Go stores will close, the company said in a blog post on Tuesday, with some locations converted into Whole Foods Market stores.

“While we’ve seen ...Read more

United Parcel Service Inc. expects to cut as many as 30,000 positions this year, part of an ongoing effort by the package-delivery giant to rein in costs and boost profitability.

The reductions to its operational workforce — a group that includes drivers and package handlers — will be achieved largely through attrition and voluntary ...Read more

Boeing continued to recover in 2025 as it increased 737 Max production, though the manufacturer kept facing delays certifying new commercial aircraft programs.

Boeing reported a $2 billion profit, or $2.48 earnings per share, in 2025, a significant shift from the previous year, when the company was reeling from a midair fuselage blowout at the ...Read more

Job hunters beware: some of the hard-earned skills listed on your resume are going unnoticed by potential employers.

Workers’ profiles on job posting websites often feature general abilities, like leadership, communication, teamwork, and problem-solving, a recent report from the Wharton School says. But they’re not highlighting the “...Read more

Can you make $100,000 a year in the Philadelphia area without a four-year college degree?

Yes. But it’s not common.

“There is no magic wand to get to a six-figure salary,” said Cynthia Figueroa, who leads workforce development nonprofit JEVS Human Services. “There’s a lot of steps that have to happen along the way.”

Companies ...Read more

Ikea is expanding.

But this time it’s not with new physical stores. The home design company is entering the virtual world.

The retailer, which has its U.S. headquarters in Conshohocken, Pennsylvania, announced this week that it is testing an immersive product experience on the Roblox platform.

Sweden and Australia are the first two pilot ...Read more

President Donald Trump threatened to hike tariffs on goods from South Korea to 25%, citing what he said was the failure of the country’s legislature to codify the trade deal the two nations reached last year.

Trump in a social media post on Monday said the new rate would apply to autos, lumber, pharmaceutical products and “all other ...Read more

Anthropic Chief Executive Officer Dario Amodei joined a growing chorus of Silicon Valley leaders expressing outrage over the fatal shooting of Alex Pretti, aligning with tech industry workers who’ve urged CEOs to take a stronger stand against the violent immigration crackdown in Minneapolis.

In a post on X Monday, Amodei pointed to a recently...Read more

Microsoft Corp. is rolling out its second-generation artificial intelligence chip, the centerpiece of the company’s push to power its services more efficiently and provide an alternative to Nvidia Corp. hardware.

The Maia 200 chip, which is being produced by Taiwan Semiconductor Manufacturing Co., is making its way to Microsoft data centers ...Read more

Lockheed Martin, PG&E Corporation, Salesforce and Wells Fargo are teaming up to help firefighters and emergency responders prevent, detect and fight wildfires more quickly.

On Monday, the four companies said they're forming a new venture called Emberpoint to advance technology while making wildfire prevention more affordable.

"The ultimate ...Read more

Apple CEO Tim Cook is being excoriated online for showing up at the White House Saturday night — hours after Border Patrol agents killed a Veterans Affair nurse in Minneapolis — to party with Donald and Melania Trump at an intimate, black-tie screening of Melania Trump’s controversial documentary.

Calls to boycott Apple products also ...Read more

Lockheed Martin, PG&E Corporation, Salesforce and Wells Fargo are teaming up to help firefighters and emergency responders prevent, detect and fight wildfires more quickly.

On Monday, the four companies said they're forming a new venture called Emberpoint to advance technology while making wildfire prevention more affordable.

"The ultimate ...Read more

Maureen Spranza marked her retirement with a party in August 2024. By December of 2025, the 60-year-old was back at work, “un-retiring” as rising costs made retirement unaffordable. She now holds three jobs.

Moving from celebration to working six days a week was difficult and disappointing, she said, and meant putting personal projects and...Read more

Washington is debating a bill that would make short-term rentals more expensive to fund affordable housing initiatives.

After a similar effort failed last session, the Legislature is once again considering a controversial bill allowing local governments to tax short-term rentals up to 4% — which would be $8 on a $200-a-night stay.

Short-term...Read more

DETROIT — Chrysler parent company Stellantis NV might be off the hook from meeting steep electric vehicle sales requirements in California, recent developments indicate.

The Trump administration controversially halted EV requirements in the United States' largest auto market last year. But Stellantis — seemingly — remained bound through ...Read more