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From today, January 16, 2021
- GM to build electric delivery vans in Canada
General Motors plans to spend $800 million to turn a Canadian SUV plant into one that will make electric delivery vans
- Nestlé recalls 762,000 pounds of pepperoni Hot Pockets
The U.S. Department of Agriculture says Nestlé Prepared Foods is recalling more than 762,000 pounds of pepperoni Hot Pockets
- Restaurants, bars scramble for propane amid pandemic winter
A scramble is on as restaurant and bar managers trying to keep customers warm outside this winter try to maintain a steady supply of propane for space heaters
- Fleeing New Yorkers squeeze surrounding housing markets
With many New Yorkers moving to neighboring Connecticut during the pandemic, especially Fairfield County, it's becoming more challenging for people to find affordable homes to buy
- Donor backlash fuels GOP alarm about Senate fundraising
Republicans are worried that a corporate backlash over the deadly Capitol insurrection could make it harder to win back the Senate
- Bowl games look to future after weathering challenging year
Nineteen of the 45 college football bowl games that were scheduled in December and January were canceled, including three after the participating teams were announced
- Ralph Lauren drops Justin Thomas after gay slur heard on TV
Justin Thomas' gay slur last week at Kapalua has cost him an endorsement
- FAA approves fully automated commercial drone flights
A Massachusetts company has just won government approval to make fully automated commercial drone flights without a human operator around
- TSA looking into adding Capitol rioters to US no-fly list
Federal safety officials are investigating people who took part in last week's riot at the U.S. Capitol to decide whether they belong on the federal no-fly list
- Extremists exploit a loophole in social moderation: Podcasts
Major social platforms have been cracking down on the spread of misinformation and conspiracy theories in the wake of the Jan. 6 riot at the Capitol
- Apaches object to Forest Service review of huge copper mine
The U.S. Forest Service released an environmental impact statement Friday that paves the way for the creation of one of the largest copper mines in the United States
- How major US stock indexes fared Friday
Wall Street closed out its first losing week in three with another drop after reports showed the pandemic is deepening the hole for the economy, as Washington prepares to throw it another lifeline
- Stocks fall as economic pain deepens, rally runs out of gas
Wall Street closed out its first losing week in three with another drop after reports showed the pandemic is deepening the hole for the economy, as Washington prepares to throw it another lifeline
- Wells Fargo, Exxon Mobil fall; Thermo Fisher, Axon rise
Stocks that moved heavily or traded substantially Friday: Wells Fargo, Exxon Mobil fall; Thermo Fisher, Axon rise
- Closing prices for crude oil, gold and other commodities
Closing prices for crude oil, gold and other commodities, and foreign exchange levels
- Retail group: holiday sales up 8.3% amid big spending shift
The nation’s largest retail trade group said holiday sales soared 8.3%, far exceeding its forecast even as the coronavirus kept shoppers away from physical stores
- Pfizer temporarily reduces European deliveries of vaccine
U.S. pharmaceutical company Pfizer has confirmed it will temporarily reduce deliveries to Europe of its COVID-19 vaccine while it upgrades production capacity to 2 billion vaccine doses per year
- Optimistic banks start moving 'bad' loans back to 'good'
The financial performance of the big U.S. banks has improved from earlier in 2020, when the virus pandemic walloped the global economy
- Wells Fargo 4Q profit rose 4%, tops Street estimates
Wells Fargo had its best quarter of 2020 as its profit rose 4% in the fourth quarter of a year defined by the coronavirus outbreak
- U.S. retail sales fell in December for 3rd straight month
Americans cut back on spending in December for the third-straight month as a surge in virus cases kept people away from stores during the critical holiday shopping season
- NJ to fine sports books asking players to cancel withdrawals
New Jersey’s top gambling regulator is threatening to fine sports books operating in his state that ask customers to cancel requests to cash out money from their accounts, saying the practice is ongoing and “unacceptable.”
- Walmart's e-commerce chief to leave after nearly 5 years
Marc Lore, Walmart’s e-commerce chief, is leaving the world’s largest retailer, nearly five years after he joined to super charge its online business amid stiffer competition from online leader Amazon
- US industrial production jumps 1.6% in December
U.S. industrial production rose 1.6% in December, a third straight monthly gain, but remains below its pre-pandemic level
- Oil giant Total withdraws from US energy lobbying group
French oil giant Total has decided to withdraw from energy association American Petroleum Institute because it disagrees on climate-related policies
- EU regulator: Hackers 'manipulated' stolen vaccine documents
The European Union’s drug regulator said COVID-19 vaccine information stolen from its servers in a cyberattack last year have been not only leaked to the web but “manipulated” by hackers