Industries

General Motors is idling the Bowling Green, Kentucky, factory that builds the Chevrolet Corvette next week due to an unspecified parts supply issue.

The Commerce Department released new retail data on Friday morning, revealing how consumers have responded to rapid and stubbornly high inflation in September.

The bank set aside $808 million in reserves, as the U.S. Federal Reserve's efforts to cool the economy through interest rate hikes have stoked fears of an economic downturn.

No one thought a company's logo would wind up on an NHL helmet. But, after a perfect match between the Islanders and Jackpocket, it makes all the sense in the world.

Saudi Arabia says the decision by OPEC+ to cut oil production was "purely economic" and not politically motivated against the United States.

The U.S. Department of Agriculture reported that orange production in Florida has fallen by 32% from last season, with an all-orange forecast of 28 million boxes.

Another two of the dozen unions negotiating for better contracts with freight railroads have agreed to deals, signaling progress in efforts to avoid a strike.

Data-sharing devices in homes and cars could help consumers save money on their insurance but many refuse to install them, a recent survey said.

Japanese automaker Honda will manufacture the vehicle at one of its North American factories, while technology company Sony will develop the software system and sensors.

The Consumer Product Safety Commission posted a recall notice for Ancheer e-bikes because they "can ignite, explode or spark, posing fire, explosion and burn hazards to consumers."

The Chinese-owned company operates a TikTok Shop for sellers in the U.K. and Southeast Asia. It has also been piloting an in-app shopping feature in the U.S., U.K. and Canada.

The Automobili Pininfarina Battista is the most powerful and quickest production car in the world and on sale now at prices starting at $2.2 million.

Ikea has reportedly let go 10,000 of its Russian employees. The retail giant announced record-high annual sales on Thursday, growing 6.5% in stores and online.

A possible agreement could reportedly be reached as soon as this week. In February, Albertsons' board of directors launched a review of potential strategic alternatives.