U.S. companies boosted hiring last month by the most since July in a broad advance and some wage gains accelerated, pointing to solid demand for workers.
Category: News
Car Shipper Takes $10 Million Hit From Bridge Collapse
Wallenius Wilhelmsen ASA, one of the largest car shipping companies, said it expects a $5 million to $10 million hit to its earnings from the Baltimore bridge disaster.
OPEC+ Sticks With Supply Cuts While Oil Nears $90 a Barrel
OPEC+ chose to stick with oil supply cuts for the first half of the year, keeping global markets tight and potentially sending prices higher.
At Amazon Fresh, Smart Carts Are In, ‘Just Walk Out’ Is Out
NEW YORK — Amazon is removing Just Walk Out technology from its Amazon Fresh stores as part of an effort to revamp the grocery chain.
Toyota, Honda Sales Up as Americans Seek Cheaper Cars
Toyota Motor Corp. and Honda Motor Co. notched big U.S. sales gains and General Motors Co. grew retail deliveries to start the year as demand for lower-priced models help automakers defy expectations for a broad slowdown.
Port of Laredo Cargo Is Big Winner in Biden’s New I-27 Law
Boosting U.S.-Mexico cargo movements through the Port of Laredo will be a key outcome of President Joe Biden’s recent enactment of a new law designating a future Interstate 27.
Port of Laredo Cargo Is Big Winner in Biden’s New I-27 Law
Boosting U.S.-Mexico cargo movements through the Port of Laredo will be a key outcome of President Joe Biden’s recent enactment of a new law designating a future Interstate 27.
Rivian Beats EV Production Estimates
Rivian Automotive built and delivered more electric vehicles last quarter than Wall Street expected, giving the automaker a boost as it grapples with production hurdles and heavy costs.
Tesla Sales Fall Way Short of Estimates
Tesla Inc. suffered its first year-over-year sales drop since the early days of the COVID pandemic.
First Vessel Uses Alternate Channel at Baltimore Bridge Site
BALTIMORE — A tugboat pushing a fuel barge was the first vessel to use an alternate channel to bypass the wreckage of Baltimore’s collapsed Francis Scott Key Bridge.