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Business

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GM recalls 720,000 vehicles over V8 engine defect
GM recalling 721,000 vehicles globally over engine issue

WASHINGTON, D.C.: General Motors is recalling more than 720,000 vehicles globally over a defect linked to its 6.2L V8 engines, the...

UPS to cut 20,000 jobs, close facilities amid Amazon slowdown
UPS to cut 20,000 jobs on reduced Amazon deliveries as tariffs weigh

ATLANTA, Georgia: United Parcel Service is cutting 20,000 jobs and closing dozens of facilities, marking one of its biggest shakeups...

JERA to consider Alaska as a potential LNG supplier
Japan's JERA may consider Alaska as LNG supply option

TOKYO, Japan: Japan's biggest power company, JERA, says it might buy liquefied natural gas (LNG) from Alaska. This comes as Japanese...

U.S. stocks bounce higher on non-farm payrolls data
Positive jobs report lights up Wall Street

NEW YORK, New York - A better-than-expected jobs report boosted U.S. stock markets Friday.  Total nonfarm payroll employment increased...

Toyota considers major buyout of key supplier Toyota Industries
Toyota could invest in potential $42 billion buyout of key supplier

TOKYO, Japan: Toyota Motor is weighing a potential investment in a primary buyout of one of its key suppliers, Toyota Industries, the...

UK economic confidence plunges to record low, Ipsos poll reveals
Poll: Britons' confidence in economy is lowest since at least 1978

LONDON, U.K.: Britons' outlook on the economy has hit an all-time low, with public confidence plunging to its weakest point since records...

United States

Section
State Department launches second round of deferred resignations
State Department launches second round of deferred resignation program

WASHINGTON, D.C.: The U.S. State Department has started a second round of its deferred resignation program, according to an internal...

UPS to cut 20,000 jobs, close facilities amid Amazon slowdown
UPS to cut 20,000 jobs on reduced Amazon deliveries as tariffs weigh

ATLANTA, Georgia: United Parcel Service is cutting 20,000 jobs and closing dozens of facilities, marking one of its biggest shakeups...

U.S. stocks bounce higher on non-farm payrolls data
Positive jobs report lights up Wall Street

NEW YORK, New York - A better-than-expected jobs report boosted U.S. stock markets Friday.  Total nonfarm payroll employment increased...

Trump backs coal with new orders, sparking hope in West Virginia
Trump pushes to save fading coal industry in West Virginia

FAYETTEVILLE, West Virginia: Earlier this month, U.S. President Donald Trump signed orders to allow more coal mining on federal land...

Wall Street rallies as U.S. dollar rebounds
Tech stocks drive rally in U.S. stock markets

NEW YORK, New York - U.S. stocks forged higher and the U.S. dollar regained ground Thursday as investors shrugged off concerns about...

Trump administration threatens limits on Mexican livestock imports
US could restrict Mexican livestock imports over screwworm worry

WASHINGTON, D.C.: President Donald Trump's administration warned over the weekend that it might limit livestock imports from Mexico...