National Business

  • France, Lebanon aim to rebuild port

    BEIRUT -- About 3½ years after hundreds of tons of improperly stored ammonium nitrate ignited at the Beirut port, setting off one of the world's biggest non-nu…

  • GM voicing confidence in EVs, despite bumps

    WASHINGTON -- General Motors Co. built 20,000 electric vehicles earlier this year that did not qualify for the federal EV tax credit, Chief Financial Officer P…

  • California revisiting farm-work overtime

    The debate over agricultural overtime is headed back to the California Legislature, with a Republican lawmaker spearheading an effort to revert some of the rec…

  • Shrooms redefining business trips

    Helping businesspeople try to optimize their performance by using hallucinogenic drugs is an eccentric and growing offshoot of the unregulated $5 billion field…

  • Realtors’ group acts to settle lawsuits

    A powerful real estate trade group has agreed to do away with policies that for decades helped set agent commissions, moving to resolve lawsuits that claim the…

  • 40 to 50 years urged for FTX fraud

    NEW YORK -- Federal prosecutors asked a New York judge on Friday to sentence FTX founder Sam Bankman-Fried to between 40 and 50 years in prison for cryptocurre…

  • Tech slump, inflation concerns weigh down stocks

    Wall Street closed out its second straight losing week Friday, giving back some of the gains that helped push the stock market to an all-time high earlier in t…

  • More home sellers lower asking prices

    LOS ANGELES -- More people eager to sell their home are lowering their initial asking price in a bid to entice prospective buyers.

  • Gauge of U.S. consumer sentiment edges lower

    WASHINGTON -- U.S. consumers became slightly less optimistic about the economy this month, though they continue to expect inflation to cool further, a potentia…

  • McDonald’s apologizes for global glitch

    LONDON -- McDonald's apologized Friday for a global technology glitch that shuttered some restaurants for hours.

  • Opposing U.S. Steel sale, Biden declares

    WASHINGTON -- President Joe Biden came out in opposition to the planned sale of U.S. Steel to Nippon Steel of Japan, saying on Thursday that the U.S. needs to …

  • Retail sales rise 0.6% in February

    NEW YORK -- Americans picked up their spending a bit in February after pulling back the previous month. But last month's gain was weaker than expected, and Jan…

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