DETROIT — Automaker Stellantis plans to indefinitely lay off up to 2,450 U.S. factory workers later this year as it discontinues production of an older version of its Ram 1500 pickup truck in Michigan.
Category Archives: business
Stocks close higher, clawing back some losses from Monday’s sell-off
Stocks ticked up Friday as the stock market built on its incredible comeback from Monday’s violent rout.
Samsung recalls over 1 million electric ranges due to fire hazard
Samsung has issued a recall for over 1 million slide-in electric ranges due to fire hazard after the company received reports that its front knobs could be unintentionally activated by people or pets, and resulted in 250 blazes.
Two years since the CHIPS Act, the race heats up to train tens of thousands of workers
A Purdue University program just finished its second year prepping undergrads for chipmaking jobs, part of a broader semiconductor workforce development push.
Applebee’s, Chili’s, and PF Chang’s add new value items to menus
As many well-known fast food giants offer deals to lure customers back, some popular chain restaurants are now trying to get in on the action with Applebee’s, Outback and P.F. Chang’s adding new value items on their menus. NBC’s Christine Romans reports for TODAY.
Dow Jones suffers worst day in 2 years over US economy concerns
The Dow Jones suffered its worst day since 2022 in a massive selloff sparked by concerns over the health of the U.S. economy and fears the Federal Reserve is behind in cutting interest rates. NBC’s Christine Roman’s reports for TODAY.
Federal judge rules against Google in massive antitrust lawsuit
A federal U.S. judge ruled that Google has illegally held a monopoly in two market areas: search and text advertising. NBC News’ Brian Cheung explains the background of the case.
Noah Lyles wins Olympic 100m gold in epic photo finish
Noah Lyles won his first Olympic gold medal in an epic photo finish, edging Jamaica’s Kishane Thompson by five thousandths of a second. American Fred Kerley took bronze.
Yaroslava Mahuchikh claims Olympic gold
World record holder Yaroslava Mahuchikh of Ukraine her first Olympic gold medal in the women’s high jump, edging Australia’s Nicola Olyslagers, who claimed silver for the second consecutive Olympics.
Faulkner stuns in gold medal win in women’s road race
U.S. cyclist Kristen Faulkner surprised everyone when she won the women’s road race at the 2024 Paris Games with a time of 3:49:23. Marianne Vos edged out Lotte Kopecky for silver. Chloe Dygert’s crash impacted the race.