Honda Exec: High Auto Prices May Drop, But Not Dramatically
DETROIT (AP) — Honda expects its factories to make more vehicles this year despite a computer chip shortage and supply chain troubles. But because it's starting the year with so fe...
After Wave Of Cancellations, Delta Sees Recovery In 2022
Delta Air Lines lost $408 million in the final quarter of 2021, dragged down by a COVID-19 surge that rocked the airline in December, and the carrier predicted Thursday that it wil...
Wholesale Prices Jumped Record 9.7% In Past 12 Months
WASHINGTON (AP) — Prices at the wholesale level surged by a record 9.7% in December from a year earlier, with inflation evident at all levels of the U.S. economy.
The Labor Depa...
Delta Extends Life Of Expiring Travel Vouchers From Pandemic
ATLANTA (AP) — Delta Air Lines said Wednesday it will extend through 2023 the window for customers to rebook credits earned when they purchased but then canceled flights during the...
Edmunds: Shopping For A Car This Year Will Not Be The Same
2021 was an unusual year for the automotive industry. While customer demand for new cars rebounded from the economic uncertainty of 2020, automakers found themselves unable to meet...
US Consumer Prices Soared 7% In Past Year, Most Since 1982
WASHINGTON (AP) — Prices paid by U.S. consumers jumped 7% in December from a year earlier, the highest inflation rate since 1982 and the latest evidence that rising costs for food,...
US Airlines Say China Is Forcing Them To Cancel Some Flights
U.S. airlines say China has blocked more than a dozen recent and future flights from entering the country, which has been tightening already-strict COVID-19 travel restrictions.
...
A Marketing Firm That Works With Jewish Groups, Big Duck, Has Nixed A Potential Client Because Of Its Israel Ties
NEW YORK (JTA) - A marketing firm that has worked extensively with Jewish nonprofits has declined to work with one because of growing concerns among its staff members about groups ...
Fed’s Powell: Inflation Poses A Major Threat To Job Market
WASHINGTON (AP) — Chair Jerome Powell acknowledged Tuesday that high inflation has emerged as a serious threat to the Federal Reserve's goal of helping put more Americans back to w...
Israel Establishes Its First Digital Bank
The Bank of Israel announced on Tuesday the establishment of Israel’s first-ever fully digital bank.
The BOI governor and supervisor of banks on Monday gave final regulatory app...
Bank Of America Slashes Fees For Account Overdrafts
NEW YORK (AP) — Bank of America is slashing the amount it charges customers when they spend more than they have in their accounts and plans to eliminate entirely its fees for bounc...
Grand Theft Auto In Farmville; A $12.7 Billion Gaming Deal
Take-Two Interactive, maker of “Grand Theft Auto” and “Red Dead Redemption,” is buying Zynga, maker of “FarmVille” and “Words With Friends,” in a cash-and-stock deal valued at abou...
CES Gadget Show Turnout Falls More Than 70% Thanks To COVID
LAS VEGAS (AP) — Attendance at the CES gadget show in Las Vegas fell more than 70% compared to its previous in-person event two years ago, its organizer said Saturday.
The Consu...
New York Times Buys Sports Site The Athletic For $550M
The New York Times Co. is buying sports news site The Athletic for $550 million, the latest move in its strategy to expand its audience of paying subscribers as the newspaper print...
Chrysler Aims To Be All Electric By 2028
LONDON (AP) — Chrysler plans go all electric by 2028, the latest automaker to announce a shift away from gasoline-powered engines under rising pressure to act on climate change.
...
Ford Jacks Up Production Of Electric F-150, Cites Big Demand
DEARBORN, Mich. (AP) — Ford says it will nearly double the annual production of its electric F-150 Lightning pickup truck based on a high number of advance reservations.
The com...
$29,000 For An Average Used Car? Would-Be Buyers Are Aghast
DETROIT (AP) — A couple of months ago, a woman paid a visit to Jeff Schrier's used car lot in Omaha, Nebraska. She was on a tight budget, she said, and was desperate for a vehicle ...
Israeli Environment Minister Says UAE Oil Deal Is Blocked
TEL AVIV, Israel (AP) — Israel's Environment Minister said Thursday a clandestine oil deal that would have turned a scuba divers' paradise into a waypoint for Emirati oil headed fo...
Intel Tells Unvaccinated Employees They Face Unpaid Leave
PORTLAND, Ore. (AP) — Intel has told workers that unvaccinated people who don't get an exemption for religious or medical reasons will be on unpaid leave beginning in April.
The...
Exclusive: Illinois Poised To Divest From Unilever Amid Continued Ben & Jerry’s Boycott Fallout
ILLINOIS (JNS) - The state of Illinois is expected to divest its pension funds of investments in Unilever this coming Wednesday, JNS has learned.
This looming decision in Illino...