Business
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Ford’s 1st quarter net takes 24% tumble
DETROIT -- Ford Motor Co.'s first-quarter net income fell 24% from a year ago as the company's combustion engine vehicle unit saw revenue and sales decline.
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VW workers vote on joining union
DETROIT -- The United Auto Workers' drive to expand its reach to nonunion factories across the South and elsewhere faced a key test Friday, when workers at a V…
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US tightens rules on oil, gas leasing in Alaskan reserve
JUNEAU, Alaska -- The Biden administration said Friday it will restrict new oil and gas leasing on 13 million acres of a federal petroleum reserve in Alaska to…
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Fed rethinking rate-cut strategy
A string of disappointing inflation data has forced the Federal Reserve to reset the clock on its first interest-rate cut and re-evaluate the trajectory of pri…
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Subscriber Exclusive
AI makes it easy for anyone to sell their old phone online
My used phone sold almost as soon as I listed it, thanks to eBay's new artificial intelligence tool. AI makes it easy to get rid of your stuff.
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Tech losses hammer S&P 500, Nasdaq to end week
NEW YORK -- The worst week for big technology stocks since the pandemic crash in 2020 dragged Wall Street on Friday across the finish line of another losing we…
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Apple deletes WhatsApp, Threads in China
HONG KONG -- Apple said it had removed Meta's WhatsApp messaging app and its Threads social media app from the App Store in China to comply with orders from Ch…
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News in brief
EPA approves 15%
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Subscriber Exclusive
P.A.M Transport total revenue falls 17.6% in first quarter
P.A.M Transport Services Inc. on Thursday reported a 17.6% drop in revenue in the first quarter of 2024.
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Google fires protesting employees
Alphabet Inc.'s Google has fired 28 employees after they were involved in protests against Project Nimbus, a $1.2 billion joint contract with Amazon.com Inc. t…
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EV power stations grow 7% from ’23
Automakers may be pumping the brakes on electric vehicle production in the United States, but charging challenges -- a hurdle to adoption -- are vanishing at a…
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US long-term mortgage rate tops 7%
LOS ANGELES -- Prospective homebuyers are facing higher costs to finance a home with the average long-term U.S. mortgage rate moving above 7% this week to its …
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Resale of homes declines 4.3% in March
LOS ANGELES -- Homebuying this spring is off to a sluggish start as home shoppers contend with elevated mortgage rates and rising prices.
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Jobless claims remain flat at 212,000
The number of Americans filing for unemployment benefits didn't change last week as the labor market continues to defy efforts by the Federal Reserve to cool h…