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Auto tariffs expected to cut sales by millions, cost $100 billion
Autoworkers at Nissan's Smyrna Vehicle Assembly Plant in Tennessee, June 6, 2022. The plant employs more than 7,000 people and produces a variety of vehicles, including the Leaf EV and Rogue crossover.Michael Wayland / CNBCDETROIT — As…
GM cutting jobs, idling Canadian electric van plant
Brightdrop EV600 vanSource: BrightdropDETROIT — General Motors is cutting production of its all-electric BrightDrop delivery vans at a plant in Canada and will idle the facility through much of 2025, the company confirmed Friday.The CAMI…
State Farm pleads for emergency rate hikes on California homeowners
A State Farm logo is seen in front of a State Farm insurance office on February 03, 2025 in Larkspur, California. Justin Sullivan | Getty Images News | Getty ImagesState Farm is making its case this week for a major rate hike for…
Delta Air Lines (DAL) 1Q 2025 earnings
Delta Air Lines won't expand flying in the second half of the year because of disappointing bookings amid President Donald Trump's shifting trade policies, which CEO Ed Bastian called "the wrong approach."The carrier said it is too early…
FDA guts education, training division as part of RFK Jr.’s cuts
The Food and Drug Administration has gutted a division responsible for training agency staff and outside health-care professionals on an array of key public health, regulation and safety practices and supporting professional development…
GM reveals Corvette EV concept car as it reconfirms Europe commitment
An angle view of the new Chevrolet Corvette concept car.GMDETROIT — General Motors on Monday revealed a new all-electric Chevrolet Corvette concept car as part of the opening of a new design studio in England.The car features a sleek,…
CMS makes job cuts as RKF Jr. guts HHS
An aerial of the Centers for Medicare & Medicaid Services building on March 19, 2025 in Woodlawn, Maryland. Kayla Bartkowski | Getty ImagesThe Centers for Medicare & Medicaid Services has slashed jobs from its minority health…
Automakers seek ‘opportunity in the chaos’ of Trump’s tariffs
Trucks are shown from a drone view after clearing U.S. Customs and entering the United States from Tijuana along the U.S. Mexico border at Otay Mesa port in San Diego, California, U.S. April 2, 2025. Mike Blake | ReutersDETROIT — As…
Tariffs drive up the cost of airplanes, the United States’ star export
The production line for the Boeing P-8 Poseidon maritime patrol aircraft is pictured at Boeing's 737 factory in Renton, Washington, November 18, 2021.Jason Redmond | ReutersPresident Donald Trump's sweeping tariffs are set to drive up…
Banana, coffee, toilet paper prices could rise
A customer shops for produce at an H-E-B grocery store in Austin, Texas, on Feb. 12, 2025.Brandon Bell | Getty ImagesShoppers will likely pay more for coffee, bananas, vanilla and toilet paper over the coming weeks as the Trump…