U.S. jobless claims remain elevated in fits-and-starts recovery
Applications for U.S. unemployment benefits were little changed last week, contrasting with estimates for a decline and highlighting an economic...
California to require all new vehicles be zero-emission by 2035
California will phase out sales of new, gasoline-powered cars by 2035 as part of its fight against climate change, Governor...
Father, son used-car sellers get $5B richer in a day
Carvana Co. has yet to post a quarterly profit since going public in 2017, but it’s made Ernie Garcia II...
Rivian faces ban from Michigan car dealers in direct-sales fight
Michigan auto dealers are trying to block startup electric carmakers including Rivian Automotive Inc. and Lucid Motors Inc. from following...
Nikola’s future cloudy as founder exits amid allegations, probes
Nikola Corp. faces an uncertain future following the sudden departure of its founder and chairman in the wake of regulatory...
US jobless claims resume drop in sign of gradual improvement
The number of Americans applying for jobless benefits resumed its decline, signaling a gradual improvement in the battered labor market....
Fed signals rates will stay near zero for at least 3 years
The Federal Reserve left interest rates near zero and signaled it would hold them there through at least 2023 to...
Fiat’s dividend slashed to boost cash after merger with PSA
Fiat Chrysler Automobiles NV and PSA Group amended the terms of their merger to form one of the world’s largest...
