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 ads business fades. The Times, unlike many local news outlets, has thrived in the past several years. It gained ...
PITTSFIELD TOWNSHIP, Mich. — The competition among U.S. automakers for a still-small pool of consumers seeking electric vehicles is quickly intensifying. General Motors, normally the top-selling U.S. automaker, officially unveiled the Chevrolet Silverado EV Wednesday with a virtual press ...
AT&T and Verizon have agreed to delay the launch of a new slice of 5G service by two weeks after airlines and the nation’s aviation regulator complained about potential interference with systems on board planes. President Joe Biden said the agreement reached Monday will help avoid further ...
DETROIT — 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 to commute to work. She was shown three cars priced at her limit, roughly $7,500. Schrier said the woman was ...
Even though one judge rejected OxyContin maker Purdue Pharma’s sweeping settlement of thousands of lawsuits over the opioid crisis, another refused Wednesday to allow litigation to move ahead just yet against members of the Sackler family who own the company — but also ordered negotiations ...
A wobbly day of trading on Wall Street left stock indexes mixed Tuesday, pulling the S&P 500 just below its latest record high. The benchmark index slipped 0.1 percent after wavering between modest gains and losses. The slight loss snapped a four-day winning streak for the index, which set an all-time high on Monday. The Dow Jones Industrial Average rose 0.3 percent and the Nasdaq fell 0.6 percent. Roughly 60 percent of the companies in the S&P 500 rose, but a slide in technology, health care and communication stocks outweighed gains in industrial firms, household goods makers and ...
