Automakers like Ford, Kia and Toyota are offering more hybrid options to appeal to buyers who aren’t ready for fully electric vehicles.
Category: United States
Red Sea Shipping Halt Is Latest Risk to Global Economy
Next year could see increasing volatility as persistent military conflicts and economic uncertainty influence voting in national elections across the globe.
The Debt Problem Is Enormous, and the System for Fixing It Is Broken
Economists offer alternatives to financial safeguards created when the U.S. was the pre-eminent superpower and climate change wasn’t on the agenda.
JetBlue Seeks Court Approval of its Acquisition of Spirit Airlines
JetBlue Airways is trying to persuade a federal court to let it acquire Spirit Airlines, a deal that the Justice Department says will raise fares and reduce competition.
Surging U.S. Oil Production Brings Down Prices and Raises Climate Fears
American oil production is hitting record levels, delivering economic and foreign policy benefits but putting environmental goals further out of reach.
U.A.W. Members at General Motors Ratify Contract
The United Automobile Workers union hopes the agreements with General Motors, Ford and Stellantis will help it make inroads at other companies.
WeWork’s Bankruptcy Tests Claims of a Co-Working Revolution
The business of offering offices on flexible, short leases will survive the company’s troubles, but commercial real estate experts say it will probably remain a niche.
Automakers Delay Electric Vehicle Spending as Demand Slows
Growth is brisk but slower than expected, causing automakers to question their multibillion-dollar investments in new factories and raising doubts about the effectiveness of federal incentives.
Chasing Big Mergers, Oil Executives Dismiss Peak Oil Concerns
Exxon Mobil and Chevron are spending tens of billions of dollars buying oil and gas assets, betting that the International Energy Agency’s predictions of declining oil demand are wrong.
American Household Wealth Jumped in the Pandemic
Pandemic stimulus, a strong job market and climbing stock and home prices boosted net worth at a record pace, Federal Reserve data showed.