Articles filed under Bloomberg
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Biden adds tariffs on Chinese chips, critical minerals, EVsMay 14, 2024 6:56 am - President Joe Biden is hiking tariffs on a wide range of Chinese imports - including semiconductors, batteries, solar cells, and critical minerals - in an election-year b...
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McDonald’s readies $5 meal deal to lure customers back into storesMay 10, 2024 4:01 pm - McDonald’s Corp. is looking to launch a $5 meal deal in the U.S. that the burger chain is betting can lure penny-pinching consumers back in.
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Discover Financial profit dives 68% as compliance costs biteApr 19, 2024 11:29 am - Discover Financial Services, the lender that agreed to be acquired by Capital One Financial Corp. in the year’s biggest announced deal, posted a sharp drop in first-quart...
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U.S. home insurance premiums may hit a record this year, report warnsApr 07, 2024 5:57 am - U.S. home insurance rates are expected to reach a record high this year, with the biggest increases occurring in states prone to severe weather events, according to a new...
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Rivian beats EV production estimates with shipments reboundingApr 02, 2024 8:33 am - Rivian Automotive Inc. built and delivered more electric vehicles last quarter than Wall Street expected, giving the automaker a needed boost as it grapples with producti...
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Tesla’s $25,000 car means tossing out the 100-year-old assembly lineMar 29, 2024 7:02 am - Tesla Inc. has a plan to fend off cheaper competition from China with a $25,000 electric car. But first it has to overhaul a 100-year-old manufacturing process pioneered ...
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Chicago’s $8.5 billion O’Hare upgrade falters as costs balloonMar 23, 2024 5:48 am - Chicago, already reeling from population declines and the loss of key employers, is struggling to advance an $8.5 billion airport upgrade that’s key to bolstering its sta...
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Ultrawealthy are souring on Chicago’s most elite neighborhoodMar 19, 2024 7:03 am - When Ken Griffin left Chicago, the billionaire listed several of his high-end properties in the Gold Coast, the city’s most exclusive neighborhood. Two years later and he...
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Meeting-free Fridays aim to boost slumping end-of-week productivityMar 03, 2024 5:51 am - Hibaaq Abdillahi says meeting-free Fridays have dramatically boosted productivity at Oyster, a human resources firm where the 32-year-old brand manager works. At previous...
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Jobless aid, checks, PPP: Adding up $900 billion in virus reliefDec 22, 2020 12:00 am - The $900 billion in pandemic relief that passed the House and Senate late Monday is aimed squarely at shoring up the U.S. economic recovery into the early spring as batt...