An activist investor group that seeks to reform Atlanta-based Norfolk Southern got three new board members elected to the railroad’s board — but failed to gain majority control of the board and effect a plan to replace the company’s CEO Alan Shaw, according to preliminary results of a shareholder vote Thursday.

Norfolk Southern, ...Read more

In the 130 years Lawton Pearson’s family has been growing peaches in Middle Georgia, few harvests have been as disappointing as last year’s, when his crop — and most others in the state — were almost entirely wiped out by two March cold snaps.

Trees covered with quarter-sized fruit and delicate pink flowers were blasted by last year’s...Read more

Ford Motor Co. CEO Jim Farley on Thursday said semi-solid state batteries are "looking very promising for production," as the automaker has emphasized the need for breakthroughs in electric vehicle technology to improve affordability.

"We're getting more and more excited about the potential," Farley said in response to a shareholder question ...Read more

ST. LOUIS — Beer sales in North America are still down for Anheuser-Busch InBev while its spirits brands are growing, the Belgium-based brewer shared with investors during its most recent earnings call Wednesday.

The first quarter report of 2024 comes over a year after A-B sent transgender influencer Dylan Mulvaney a can featuring her face, ...Read more

Oceanwide Plaza, the bankrupt, unfinished development in downtown Los Angeles that became a canvas for trespassing graffiti artists, is officially on the market.

The Chinese owners of the stalled residential, hotel and retail complex towering over Crypto.com Arena have hired real estate brokers to sell the property to buyers who could restart ...Read more

The shot clock is ticking down on Warner Bros. Discovery in its effort to land a new media rights deal for the NBA.

Warner Bros. Discovery Chief Executive David Zaslav said Thursday the company continues negotiating with the league to retain its package of NBA contests, a marquee attraction for its TNT cable channel, but offered no clue on ...Read more

By many measures, downtown Los Angeles’ newest apartment tower is over the top with such gilded flourishes as stone tiles from Spain lining the elevator cabs and hand-troweled Italian plaster on interior walls. Hummingbirds have somehow found the fruit-laden trees decorating the outdoor lounge on the 41st floor.

For Stuart Morkun, the ...Read more

As Republican presidential candidate and former president Donald Trump navigates multiple criminal and civil trials levied against him, his professional net worth and assets have come into the spotlight.

In Las Vegas, Trump — along with business partner Phil Ruffin — is the co-owner of Trump International Hotel, a 64-story, 1,282-room ...Read more

Score a victory for Mayberry. America’s small towns, like the iconic setting of television’s The Andy Griffith Show from the 1960s, saw more in-migration in 2023 than larger areas for the first time in decades.

The remote work boom that prompted Americans to flee urban areas for mountain hamlets and seaside towns during the pandemic ...Read more

DETROIT — In another case of Detroit automakers surrendering car sales to foreign competition, General Motors Co. this fall will retire its last mainstream gas-powered sedan when production of the Chevrolet Malibu ends after nine generations.

The Detroit automaker confirmed Wednesday it will stop producing the mid-size sedan in November at ...Read more

The U.S. has revoked licenses allowing Huawei Technologies Co. to buy semiconductors from Qualcomm Inc. and Intel Corp., according to people familiar with the matter, further tightening export restrictions against the Chinese telecom equipment maker.

The decision will affect sales of chips for use in Huawei phones and laptops, according to the ...Read more

The U.S. Justice Department expects to have a decision by the end of this month on whether it will pursue criminal claims against Boeing following two fatal 737 Max crashes.

Federal prosecutors are set to meet on May 31 with the families who lost loved ones in those crashes more than five years ago to share their decision, according to a letter...Read more

A shareholder vote on an attempted takeover of Atlanta-based Norfolk Southern could shape the railroad’s future.

Norfolk Southern shareholders will vote Thursday during the company’s virtual annual meeting on a proposal by activist investor group Ancora Holdings to replace most of the company’s board members.

Here are the issues and what...Read more

The sudden closure of several video-game studios at Microsoft Corp.’s Xbox division was the result of a widespread cost-cutting initiative that still isn’t finished.

This week, Xbox began offering voluntary severance agreements to producers, quality assurance testers and other staff at ZeniMax, which it purchased in 2020 for $7.5 billion, ...Read more

General Motors Co. will halt production of the Chevrolet Malibu sedan this fall at its Fairfax Assembly plant in Kansas to prep for production of the new Chevrolet Bolt electric vehicle, the automaker confirmed Wednesday.

Production of the Cadillac XT4 small SUV will continue until the plant is shut down next year to retool for production of ...Read more

Consumers that delayed buying a car between 2020 and 2023 are in a much better spot to buy in 2024, experts say, as sticker prices drop due to recovering inventory levels.

High interest rates on auto loans, however, remain a barrier despite car manufacturers' upping incentives for potential buyers.

Still, it's a good time to buy a car, and it'...Read more

Entertainment and tech festival South By Southwest will be expanding across the pond to London in June 2025, growing the influential brand's reach internationally.

The new festival will be centered around Shoreditch, an artsy area in East London known for its nightlife, street art and creative spaces.

In addition to the typical music, tech, ...Read more

The idea of a "new normal" became a post-pandemic cliche, but the president of the Federal Reserve Bank of Minneapolis thinks there might be economic proof of its truth.

After 11-consecutive interest rate hikes from March 2022 to July 2023, policymakers have kept rates at 5.25% to 5.5% since, including upholding that rate at a meeting of the ...Read more

California's wealthiest farming family is proposing an expansion of industrial warehousing in Kern County that would fundamentally reshape the economy in the southern San Joaquin Valley.

Outside of Kern, Stewart and Lynda Resnick, the billionaire owners of the Wonderful Co., are better known for pomegranates and pistachios. But for more than a ...Read more