business

FRANKFURT – Volkswagen’s supercar brand Lamborghini is looking to keep combustion engine vehicles alive beyond the end of the decade, the unit’s Chief Executive Stephan Winkelmann told a German weekly …

– Apple Inc is raising the pay of many U.S. retail employees effective this month, Bloomberg News reported on Friday. The hikes range from 2% to 10% depending on store …

– Walmart Inc informed staff on Friday that fully vaccinated workers in the United States will no longer be required to wear masks in the company’s facilities, effective immediately, unless …

– Intel Corp on Friday launched a new chip for blockchain applications such as Bitcoin mining and minting NFTs to cash in on the rising usage of cryptocurrencies. The chip …

Bear, DE- Delaware State Police are investigating a homicide that occurred Thursday night outside a Bear area gym. On February 10, 2022, at approximately 9:41 p.m., Delaware State Police responded to …

By Lucia Mutikani WASHINGTON -U.S. consumer sentiment fell to its lowest level in more than a decade in early February amid expectations that inflation would continue to increase in the …

– Online real estate platform Zillow Group Inc is selling more properties to New York-based investment firm Pretium Partners as it exits the business of flipping houses, Bloomberg News reported …

By Mark John – Signs are growing that a global supply chain crisis which has confounded central bank inflation forecasts, stunted economic recoveries and compressed corporate margins could finally start …

By David French NEW YORK – MetLife Inc is exploring the divestment of its U.S. variable annuity book as it seeks to free up resources to invest in higher-growth parts …

LONDON -British American Tobacco on Friday reported a 7% rise in full-year adjusted revenue to 25.7 billion pounds ($34.8 billion), helped by sales of e-cigarettes and oral nicotine. The world’s …

By Danielle Kaye NEW YORK – Peloton Interactive Inc’s star trainers are proving to be just as valuable as its stationary bikes to help the company survive after the pandemic. …

Baltimore, Maryland – U.S. District Judge Ellen L. Hollander today sentenced Matthew Edward Blair, age 48, of Timonium, Maryland, to a year and a day in federal prison, followed by …

– Amazon.com Inc on Thursday informed staff at its U.S. warehouses and logistics sites that they must report being fully vaccinated by March 18 if they wish to receive paid …

SHANGHAI – U.S. electric carmaker Tesla plans to place its China design centre in Beijing, a government document issued by the Chinese capital said. Tesla said in 2020 it planned …

By Ann Saphir and Lindsay Dunsmuir – Pressure increased on the Federal Reserve on Thursday to take a stronger stand against inflation after an unexpectedly large jump in U.S. consumer …

By Davide Barbuscia and David Randall NEW YORK – The U.S. Treasury yield curve has been flattening over the last few months as the Federal Reserve prepares to hike rates, …

By Paul Lienert DETROIT – Ford Motor Co is stepping up plans to extensively electrify its Lincoln brand in North America, as it prepares to introduce at least five new …

By Hilary Russ NEW YORK – The Coca-Cola Company on Thursday said it will aim for 25% of its packaging globally to be reusable by 2030, a move hailed by …

By Allison Lampert -Automakers and some manufacturers are looking to the skies as they seek alternatives for moving products caught up in Canadian trucking protests that have hit supply chains …

By David Shepardson WASHINGTON -The Biden administration on Thursday unveiled its plan to award nearly $5 billion over five years to build thousands of electric vehicle charging stations. Congress approved …

By Fergal Smith TORONTO – Canada’s main stock index fell on Thursday but not nearly as much as Wall Street, as its heavy weighting in financial and energy shares helped …

By Davide Barbuscia NEW YORK -The U.S. Federal Reserve should stop buying bonds immediately to contain rampant inflation, a top investment manager at BlackRock said on Thursday, joining a chorus …

By Gertrude Chavez-Dreyfuss NEW YORK -Federal funds rate futures on Thursday have boosted the chances of a half percentage-point tightening by the Federal Reserve at next month’s meeting after hawkish …

By Elizabeth Culliford – OnlyFans, an online subscription platform known for adult content, has launched a feature for users to display verified NFTs as profile pictures, it said on Thursday. …