Stellantis NV has paused white-collar hiring in Auburn Hills, a reversal from earlier this year when hiring for new engineers and other roles surged.

The automaker noted the cost-saving move — which began several weeks ago — had followed a "first half marked by unprecedented hiring" as it prepares to launch a wave of new vehicles in the ...Read more

Starbucks announced Thursday that it plans to close around 250 underperforming cafes later this week as part of a turnaround effort.

The closures make up 1% of the Seattle-based coffee giant's North American stores and represent the second major round of closures under Starbucks CEO Brian Niccol, who joined the company in 2024. The company ...Read more

Waymo customers in San Francisco will soon be able to earn credit toward future rides when they use one of the robotaxis to connect to public transit.

Alphabet-owned Waymo introduced its transit rewards program Tuesday. It will start in Northern California and expand to other cities. Waymo employees will be the first to access the program.

To ...Read more

The U.S. housing market has been stuck in neutral for nearly four years, with sales of new and existing homes plodding along at a historically slow pace. One explanation is that the average rate on a 30-year fixed-rate mortgage in the U.S. passed 6% four years ago and has stayed above that ever since, creeping past 7% this week.

Mortgage rates ...Read more

Crocs is suing Philadelphia-based discount retailer Five Below, alleging the company knowingly sold knockoff versions of Crocs’ famous foam clogs.

Crocs’ attorneys say Five Below kept selling Crocs look-alikes and accessories even after being notified this March of their trademark, patent, and intellectual property infringement.

The ...Read more

Meta Platforms Inc. unveiled a palm-sized, dedicated gadget for using Muse, the company’s popular new artificial intelligence assistant, pushing deeper into the AI devices market with a surprise announcement.

The product, unveiled on stage by Meta Chief Executive Officer Mark Zuckerberg, was born out of the company’s new design lab led by ...Read more

Chinese ports had their busiest week in history ahead of the approaching summit between Presidents Donald Trump and Xi Jinping, extending a boom in shipments abroad in a possible sign exporters were rushing goods out of the country as uncertainty hovered over tariffs.

A record 7.3 million containers passed through Chinese terminals in the seven...Read more

Royal Caribbean is expanding its portfolio of land-based destinations by entering into a partnership with Sandals Resorts in a deal announced Wednesday.

The cruise line will acquire a 50% equity stake in Sandals and Beaches Resorts for $3 billion, with the transaction expected to close in early 2027. According to Royal Caribbean Group, the ...Read more

An OpenAI model hacked an Australian government website earlier this year, marking one of the first known cyberattacks by AI on a government database.

The company took three months to notify Canberra that its AI system gained unauthorized access to files on a website for reporting healthcare statistics, Prime Minister Anthony Albanese said ...Read more

Australian Prime Minister Anthony Albanese said an OpenAI agent hacked a government website, with the artificial intelligence firm taking three months to alert the government about the breach.

Albanese said he had spoken with OpenAI’s Chief Executive Officer Sam Altman on Wednesday in New York to express “extreme concern about this incident...Read more

Chinese automakers could take 11% of the U.S. market share by the end of the next decade if guardrails designed to keep the manufacturing giant out are undone, an industry expert said Wednesday, Sept. 23.

Mobility Global forecasted sales of 1.7 million Chinese vehicles per year by 2038 if that country's makers were allowed into the U.S. market....Read more

Medicare open enrollment starts October 15 and continues through December 7. Everyone who has Medicare, in whatever form, should pay close attention to their coverage for the year ahead. You may be surprised at how much is about to change — in both costs and coverage.

Here’s a look at the headline changes seniors will be forced to confront....Read more

When Canada banned American alcohol as a response to President Donald Trump’s tariffs last year, McManis Family Vineyards took a big hit.

Exports to Canada, largely to Ontario, had made up approximately 40% of the family-owned business’s export sales — about 75,000 cases. From July 2025 to July 2026, this number fell to approximately 5% ...Read more

DEARBORN, Michigan — "Speed" is the first thing the director of Ford Motor Co.'s Research and Advanced Engineering team says his group needs to deliver in the future — or risk falling behind foreign rivals.

The group this year marked its 75th anniversary, highlighting its work to reduce vehicle greenhouse gas emissions, help design ...Read more

Caesars Entertainment Inc. shareholders approved Tilman Fertitta’s proposed $17.6 billion acquisition of the casino company Tuesday, clearing a major hurdle in the deal that would take the casino giant private.

The merger proposal received 133,313,001 votes in favor, 4,276,986 against and 5,687,952 abstentions, according to a filing Wednesday...Read more

WASHINGTON — President Donald Trump, heading into a much-anticipated visit from Chinese leader Xi Jinping this week, is on a political island when it comes to his support for Chinese automakers building vehicles in the United States.

Trump has said he "loves" the notion, but industry groups, labor leaders and lawmakers from both parties have ...Read more

McDonald’s Corp. is earmarking roughly $8.5 billion to help franchisees implement a multiyear plan to serve better food, improve service and make restaurants easier to run.

The company will deploy the money — a mix of capital support and rent relief — through 2036, according to a statement Wednesday. The funds will be used for ...Read more

General Mills’ profits are dropping, but a turnaround plan is already in motion and executives said Wednesday they believe it’s off to an encouraging start.

The Golden Valley-based food company’s adjusted profit — which ignores irregular financial gains and losses — tumbled 13% from a year ago as the company seeks to manage ...Read more