Business

• Car prices could surge 10% or more as UAW strike enters second week

  20-9-2023 Business NY Post - Business 39

  Car prices could surge 10% and more, according to experts -- even as the bitter standoff threatens GM and Ford with punishing losses as high as...

• Archegos founder Bill Hwang to face SEC fraud charges over $36B firm’s epic collapse

  20-9-2023 Business NY Post - Business 63

  Hwang's actions caused big losses for Archegos and for banks such as Credit Suisse, now part of UBS, and Nomura Holdings.

• Over 90% of Americans have cut spending — and plan to through holidays: survey

  20-9-2023 Business NY Post - Business 36

  A new survey found that 76% of US consumers plan to cut back spending on non-essential items over the past six months as Americans at every income...

• Amazon unit behind Kindle, Echo in chaos as job cuts loom, morale plummets: sources

  20-9-2023 Business NY Post - Business 36

  The division, known as Lab126, was a focus for Amazon’s founder Jeff Bezos, who portrayed it as an engine for future projects, but more recently it...

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• Elon Musk’s SpaceX sues feds, claiming DOJ case over refugees is unconstitutional

  20-9-2023 Business NY Post - Business 30

  SpaceX said it has employed hundreds of non-US citizens, but that some of its projects have national security implications and it could face steep...

• House Republicans dare colleagues to vote against spending measure to keep government open

  19-9-2023 Business Washington Times - Business 30

  A coalition of House Republicans has negotiated a stopgap budget-cutting measure to keep the government open and is daring GOP colleagues to vote...

• Federal investigators subpoena Pennsylvania agency for records related to chocolate plant explosion

  19-9-2023 Business Washington Times - Business 59

  Federal safety investigators issued a subpoena to Pennsylvania's public utility regulator on Monday for documents related to a fatal explosion at a...

• Strikebreaking talk show hosts won't restart shows during strike

  19-9-2023 Business Washington Times - Business 48

  Talk show hosts Bill Maher and Drew Barrymore have decided to not restart their shows during the writer's strike, after a significant media...

• Musk wants users to pay for X accounts

  19-9-2023 Business Washington Times - Business 57

  Tech billionaire Elon Musk said all users eventually will have to pay to use his embattled platform X.

• Chicago Mayor Brandon Johnson floats idea of city-run grocery stores

  19-9-2023 Business Washington Times - Business 46

  Chicago Mayor Brandon Johnson is considering city-run grocery stores after several popular chains have shuttered outlets.

• Biden's claim of wrangling down health costs to run into biggest premium spike in nearly a decade

  19-9-2023 Business Washington Times - Business 30

  Health insurance premiums are set to spike in 2024 despite President Biden's boast he is corralling costs.

• X says California social media law 'interferes with editorial judgment'

  19-9-2023 Business Washington Times - Business 29

  A social media giant's challenge to a new California law on content moderation raises a simple question: What types of speech are hateful?