LANSING, Mich. (AP) — General Motors is poised to announce next week major electric-vehicle investments in Michigan, with plans to spend $6.5 billion and create up to 4,000 new jobs at two plants. The state’s economic development board is expected to approve an incentives package Tuesday, according to a meeting agenda posted online. The Associated…
DENVER (AP) — Colorado, the U.S. government and a gold mining company have agreed to resolve a longstanding dispute over who’s responsible for continuing cleanup at a Superfund site that was established after a massive 2015 spill of hazardous mine waste that fouled rivers with a sickly yellow sheen in three states and the Navajo…
SACRAMENTO, Calif. (AP) — California’s unemployment rate dipped a half-percentage point in December as the most populous state added 50,700 nonfarm jobs, accounting for more than a quarter of the nation’s 199,000 new jobs for the month, according to new data released Friday. The state has now regained nearly 72% of the 2.7 million jobs…
GENEVA (AP) — Government and business leaders have urged cooperation on the world’s biggest issues — climate change, the coronavirus pandemic and the economic recovery — at the World Economic Forum’s virtual gathering. Speeches and discussions from the likes of Chinese President Xi Jinping and U.N. Secretary-General Antonio Guterres moved online this week after COVID-19…
COLUMBUS, Ohio (AP) — Chipmaker Intel said Friday it will invest $20 billion to build a new factory in Ohio, an attempt to help alleviate a global shortage of chips powering everything from phones to cars to home appliances while also signaling the giant company’s commitment to manufacturing crucial technology products in the U.S. The…
PARIS (AP) — Total Energies and Chevron, two of the world’s largest energy companies, said Friday they were exiting Myanmar, citing rampant human rights abuses and deteriorating rule of law since the country’s military overthrew the elected government in February. The announcement came just a day after the French company called for international sanctions targeting…
Stocks wobbled between gains and losses on Wall Street Friday as major indexes head for another weekly loss. The S&P 500 fell 0.9% as of 1:34 p.m. Eastern. The benchmark index is on track for its third straight weekly loss and its worst weekly loss since October 2020. The Dow Jones Industrial Average fell 167…
TOKYO (AP) — The shortage of parts caused by the coronavirus pandemic is further denting production at Toyota, Japan’s top automaker. Production at 11 plants in Japan will be halted Friday, Saturday and next Monday, Toyota Motor Corp. said. That comes on top of reductions planned for February that were announced earlier. Those reduction will…
SACRAMENTO, Calif. (AP) — Two California counties violated the Constitution’s right to keep and bear arms when they shut down gun and ammunition stores in 2020 as nonessential businesses during the coronavirus pandemic, a federal appeals court ruled Thursday. Officials in Los Angeles and Ventura counties had separately won lower court decisions saying gun stores…
OMAHA, Neb. (AP) — CSX railroad’s fourth-quarter profit jumped 23% even though volume slipped amid the ongoing supply chain challenges. The Jacksonville, Florida-based railroad said Thursday it earned $934 million, or 42 cents per share. That’s up from $760 million, or 33 cents per share, a year earlier. CSX said the number of shipments it…