IE 11 is not supported. For an optimal experience visit our site on another browser.

MORE FROM BUSINESS

Biden administration moves to ban medical debt from credit reports

It said affected people’s credit scores would improve an average of 20 points and lead to the approval of about 22,000 additional mortgages every year.
Kamala Harris speaks
Kamala Harris speaks

A lawsuit challenges Poppi soda’s gut health claims. What do scientists say?

The sodas contain a “prebiotic” fiber called inulin, but a new lawsuit alleges that a single can doesn’t contain enough to benefit the gut.
Poppi brand soda in New York
Poppi brand soda in New York
14h ago

GM trims 2024 EV forecast amid slower-than-expected demand

The Detroit automaker is in the midst of launching its newest EVs, including its new entry-level Chevrolet Equinox EV, which will start at around $35,000.
A 2024 Chevrolet Equinox EV 3LT.
A 2024 Chevrolet Equinox EV 3LT.

Chrysler recalls more than 211,000 SUVs and trucks due to anti-lock brake issue

A software glitch could create a safety hazard by disrupting a critical control system.
Dodge Durango models at a dealership in 2022.
Dodge Durango models at a dealership in 2022.
18h ago

GM board approves new $6 billion share buyback authorization

The announced buyback plans come amid uncertainty surrounding the adoption of all-electric vehicles, which GM has bet heavily on, and stalling customer demand for new vehicles. 
A General Motors Car Dealership Ahead Of Earnings Figures
A General Motors Car Dealership Ahead Of Earnings Figures

Norway discovers Europe's largest deposit of rare earth metals

The discovery is considered a welcome boost in Europe’s bid to break China’s rare earths dominance.
Pentagon Losing Control of Bombs to China's Monopoly
Pentagon Losing Control of Bombs to China's Monopoly

Home equity is near a record high. Tapping it may be tricky due to high interest rate.

Average equity per borrower increased by $28,000 — to about $305,000 total — from a year earlier, according to CoreLogic.
A "New Listing" sign outside a home
A "New Listing" sign outside a home

California pension fund opposes 'ridiculous' Elon Musk pay package at Tesla

Musk’s pay package consists of performance-based stock options worth roughly $50 billion.
Elon Musk
Elon Musk

'Stay tuned,' Black Keys drummer says of reasons for tour downgrade and management split

The band had signed on with Irving Azoff, the notorious manager of the Eagles, in 2021.
The Black Keys Perform At The O2 Academy Brixton
The Black Keys Perform At The O2 Academy Brixton
2d ago

Activist investor takes $1.9 billion stake in Southwest Airlines, seeks to oust CEO and chair

The company had a market capitalization of $16.6 billion as of Friday’s close.
A Southwest Airlines aircraft during take off at Harry Reid International Airport in Las Vegas on March 1, 2024.
A Southwest Airlines aircraft during take off at Harry Reid International Airport in Las Vegas on March 1, 2024.
2d ago

Woman sues Cold Stone Creamery over lack of pistachios in pistachio ice cream

“When consumers purchase pistachio ice cream, they expect pistachios, not a concoction of processed ingredients,” Duncan’s lawsuit reads.
A Cold Stone Creamery display.
A Cold Stone Creamery display.

Latest on NBC News