DETROIT — General Motors plans to invest more than $1 billion in two Michigan plants for the production of next-generation heavy-duty trucks, the company said Monday. The investment includes $788 million to prepare its Flint Assembly plant…
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Customers of Chase’s online banking services were seeing double transactions, fees and/or payments in their accounts, with the situation not immediately being resolved as of late morning on Friday. Numerous Chase customers were posting on…
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Business
Last tot standing: Buybuy Baby likely to survive as Bed Bath & Beyond fades into bankruptcy
Even as its parent company goes under, buybuy Baby is likely to survive. Analysts believe that as part of Bed Bath & Beyond’s bankruptcy reorganization, the company will look to sell the United States’ largest…
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Walmart on Wednesday said it has not made any changes to its LGBTQ-related merchandise tied to Pride Month, or to security measures in place at its stores, a week after rival Target pulled some LGBTQ-themed products following…
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About 90% of Spirit Airlines flights were delayed Thursday amid a technical issue affecting the carrier’s website. In a tweet posted at 8:43 a.m., Spirit said the issue was affecting Spirit.com, the Spirit Airlines app…
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The U.S. economy continued to crank out jobs in May, with nonfarm payrolls surging more than expected despite multiple headwinds, the Labor Department reported Friday. Payrolls in the public and private sector increased by 339,000…
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Amazon.com’s doorbell camera unit Ring has reached a settlement with the U.S. Federal Trade Commission regarding privacy, according to a filing Wednesday in U.S. District Court for the District of Columbia. As part of the agreement,…
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Some of Adidas’ remaining Yeezy shoes are back on sale — months after the German sportswear company cut ties with Ye, the rapper formerly known as Kanye West. Adidas ended its yearslong partnership with Ye in late October, in…
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Business
Disgraced Theranos founder Elizabeth Holmes is booked into prison in Texas to begin serving 11-year sentence
Elizabeth Holmes, the founder of the blood-testing lab Theranos, arrived at a federal prison in Texas on Tuesday to start serving an 11-year, 3-month sentence for her role in the fraud that transpired at the…
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Business
Elizabeth Holmes, disgraced Theranos founder, will report to prison to begin 11-year sentence
Elizabeth Holmes, the founder of blood lab Theranos who became the face of Silicon Valley duplicity after her company collapsed amid fraud claims, is scheduled to report to prison Tuesday to begin her sentence of…