Biden administration picks CHIPS team to handle $52.7 billion in semiconductor funding
The Biden administration has named a team of 50 individuals, led by economist Aaron "Ronnie" Chatterji, to handle the $52.7 billion included in the CHIPS Act for semiconductor research.
KT McFarland: Biden's war on American fossil fuels made Putin more dangerous
Former Trump deputy national security adviser reacts to Putin's ongoing attacks, telling 'Varney & Co.' he has a 'long way to go' in destroying Ukraine and will likely blackmail Europe by threatening to shut off its energy.
Biden, Congress plan one-two punch to depress Russian oil prices
Senators are hoping to back plans to cap Russian oil prices and make sure countries like China and India can't evade the cap.
Railroad labor deal shows ‘sign’ that workers have ‘enormous amount of power’: FreightWaves CEO
FreightWaves CEO Craig Fuller argues that the tentative railroad strike agreement has ‘empowered’ the labor movement.
Ford expects additional $1B in inflation-related supply chain costs
Ford expects to have up to 45,000 vehicles – primarily high-margin trucks and SUVs – lacking certain parts in inventory at the end of the third quarter.
FreightWaves CEO predicts railroad deal will pass Thursday, calls it ‘a big win’
The CEO of supply chain logistics company FreightWaves, Craig Fuller, says pressure from ‘catastrophic economic consequences’ catalyzed the railroad labor agreement.
General Motors and Kroger launching electric grocery cart
General Motors' BrightDrop electric van division is launching a battery-powered and climate controlled grocery cart for retail delivery services.
Rep. Keller: Biden's plans for US strategic oil reserves 'a bad political decision'
Rep. Fred Keller, R-Pa., discusses Hunter Biden's business dealings, the president extending plans to sell oil from the strategic oil reserves and the ongoing border crisis.
Yoga enthusiasts demand Lululemon, which boasts climate commitments, transition away from burning coal
Lululemon Athletica is in hot water with climate advocacy groups who are demanding the retail giant phase out coal and move to 100% renewable energy by 2030.
49ers' Jimmy Garoppolo could earn up to $5.6 million in bonuses as starting quarterback
Jimmy Garoppolo will step in as the San Francisco 49ers starting quarterback after Trey Lance is set miss the remainder of the season with an ankle injury.
Wegmans discontinues popular self-checkout app, cites losses
The grocery chain cited "losses" as the reason it discontinued the popular contactless SCAN in-store shopping option, but did not provide further details.
National Pepperoni Pizza Day 2022: Where to snag a deal on a yummy slice
On National Pepperoni Pizza Day this year, Sept. 20, 2022, celebrate by grabbing one of these deals. Retailers across the country are giving customers a reason to indulge.
Family Dollar recalling toothpaste, mouthwash in 11 states
The recall covers six Colgate toothpaste and mouthwash products that were shipped to a limited number of stores between May 1 and June 21 of this year.
Porsche issuing 911 million shares in IPO to salute its iconic model
Volkswagen is spinning off Porsche with an IPO that will value the brand at approximately $75 billion across 911 million shares, saluting its popular model.
Sen. Marco Rubio calls California electric car plan 'self-defeating'
Sen. Marco Rubio criticizes California's plan to ban sales of gas-powered cars.
Honda overpays bonuses, asks for cash back from employees: report
Honda Motors Co. has reportedly asked its employees to give money back from bonuses the company says were overpaid. Marysville factory employees have until Sept. 22.
Russian pushback against Ukraine’s counteroffensive is nonexistent: Ian Bremmer
Eurasia Group President Ian Bremmer provides professional analysis of the Russia-Ukraine war following reports that China has ‘concerns’ over the invasion.
Queen Elizabeth's death to cost UK economy $2.6B, but tourism could provide boost
Queen Elizabeth's death is expected to cost the UK economy 2.3 billion pounds but an influx of tourists from abroad may help make up for the loss.
Senate Republicans demand credit card companies reverse decision to track gun store sales
A group of Senate Republicans sent a letter to the CEOs of Visa, Mastercard and American Express demanding they reverse the decision to track gun store sales.
100 days to Christmas: Deals start early as supply chain eases
One hundred days remain until Christmas Day, and retailers are cautious while consumers are looking for the best deals. Experts expect store shelves to be well stocked.