Subscribe to Latest Administration News feed Latest Administration News
Updated: 10 hours 7 min ago

Why Oil Prices Have Been Rising Recently

Tue, 04/09/2024 - 23:57
The increase this year, prompted by geopolitical worries and supply constraints, has sent gasoline prices higher and could hamper efforts to tame inflation.

FAA Investigates Claims by Boeing Whistle-Blower About Flaws in 787 Dreamliner

Tue, 04/09/2024 - 22:12
The whistle-blower, an engineer, says that sections of the plane’s body are being assembled in a way that could weaken the aircraft over time. Boeing says there is no safety issue.

Higher for Longer After All? Investors See Fed Rates Falling More Slowly.

Tue, 04/09/2024 - 22:09
Investors went into 2024 expecting the Federal Reserve to cut rates sharply. Stubborn inflation and quick growth call that into question.

Biden’s Trade Moves Raise Tensions With China and Japan but Draw Cheers at Home

Tue, 04/09/2024 - 21:49
The president’s efforts to restrict Chinese imports and block a Japanese steel merger have pleased labor unions and sent a message to rival Donald J. Trump.

What Happened When a German Car Factory Went All Electric

Tue, 04/09/2024 - 21:15
Volkswagen’s plant in Zwickau stopped producing Golfs and switched to electric vehicles, illuminating the risks and opportunities for factory towns and cities.

Norfolk Southern Settles an East Palestine Train Derailment Suit for $600 Million

Tue, 04/09/2024 - 20:51
The railroad company will pay residents and businesses in East Palestine, Ohio, and the surrounding area after a derailment last year.

Internet Traffic Dipped as Viewers Took in the Eclipse

Tue, 04/09/2024 - 20:12
Internet traffic dropped by 40 percent or more during the eclipse in states in the path of totality, including Maine, New Hampshire and Ohio, Cloudflare found.

Wall Street’s Big Rethink on Interest Rate Cuts

Tue, 04/09/2024 - 17:32
Investors see Wednesday’s Consumer Price Index report as a pivotal report card on inflation and the Federal Reserve’s next move.

Fortune Names Anastasia Nyrkovskaya as CEO

Tue, 04/09/2024 - 17:30
Anastasia Nyrkovskaya, who was the chief financial officer and chief strategy officer, is the first woman to run the company.

As Jared Kushner’s Investment Firm Steps Out, the Potential Conflicts Are Growing

Tue, 04/09/2024 - 14:32
Jared Kushner’s Affinity Partners has invested more than $1.2 billion, much of it in firms abroad, drawing new scrutiny as his father-in-law, Donald Trump, again seeks the presidency.

Watches and Wonders Geneva Opens in a Time of Uncertainty

Tue, 04/09/2024 - 12:30
Brands hope the new models unveiled at Watches and Wonders Geneva will attract buyers despite the tough retail climate.

Banks Made Big Climate Promises. A New Study Doubts They Work.

Tue, 04/09/2024 - 09:31
Using European Central Bank lending data, researchers said there was not evidence that voluntary commitments were effective in reducing emissions.

German Business Is Tangled in Red Tape

Tue, 04/09/2024 - 09:30
Companies in Germany complain that the demands of bureaucracy are costing them time and money that would be better spent building their businesses.

How Japan Is Trying to Rebuild Its Chip Industry

Tue, 04/09/2024 - 09:30
Taiwan’s semiconductor giant, TSMC, is quickly remaking a farm town in Japan into Asia’s next hub of chip manufacturing with enormous government support.

Tesla Settles Lawsuit Over a Fatal Crash Involving Autopilot

Tue, 04/09/2024 - 06:04
A Tesla driver’s family had sought damages for the 2018 crash, which happened while the carmaker’s driver-assistance software was in use.

Anthony Insolia, Who Led the Expansion of Newsday, Dies at 98

Tue, 04/09/2024 - 05:06
The Long Island paper won seven Pulitzer Prizes during his tenure, and he was a top editor for the Arizona Project, which investigated a reporter’s murder.

L.A. Times Names Terry Tang as Executive Editor

Tue, 04/09/2024 - 02:24
Ms. Tang, who had been running the news organization on an interim basis since January, takes charge at a turbulent time for the publication.

TSMC Will Receive $6.6 Billion to Bolster U.S. Chip Manufacturing

Tue, 04/09/2024 - 00:17
Taiwan Semiconductor Manufacturing Company plans to build an additional factory and upgrade another planned facility in Phoenix with the federal grants.

Google to Tone Down Message Board After Employees Feud Over War in Gaza

Tue, 04/09/2024 - 00:05
The company is making changes to a popular message board called Memegen that some employees say sounds a lot like censorship.

Spirit Airlines Will Delay Airbus Plane Purchases and Furlough Pilots

Mon, 04/08/2024 - 23:31
The low-cost airline, which has been unprofitable for four years, is trying to reduce costs after a federal judge blocked a proposed deal for JetBlue to acquire Spirit.

Pages