DETROIT — Seven major automakers say they’re joining forces to build a North American electric vehicle charging network that would rival Tesla’s and nearly double the number of fast-charging plugs in the U.S. and Canada.
Category Archives: business
Gap taps top Mattel executive to be its new CEO
Gap announced Wednesday it’s poached a top Mattel executive to be its new CEO as the apparel giant seeks to reverse an ongoing sales slump and regain its relevancy in the fashion industry.
How to make sure you're selecting the right insurance for you
Shopping for insurance can be expensive and confusing — and it’s hard to know which policies you need. CNBC Select contributor Brittany Jones-Cooper joins TODAY to talk about all types of insurance and the benefits of bundling to save money.
Bipartisan Senate bill aims to crack down on hotel 'resort fees'
A bipartisan duo in the Senate is introducing a bill that would crack down on hidden resort fees for hotel stays.
Federal Reserve expected to raise interest rates on Wednesday
The Federal Reserve is expected to raise interest rates by a quarter of a percentage point on Wednesday, bringing the benchmark rate to a 22-year high. They’ve been raising rates since last spring in order to cool down the economy and tame record inflation, but the higher interest rates make it more expensive to use credit cards or take out loans.
Parents charged after toddler fatally shot by brother, 5, who allegedly had cocaine in his system
Prosecutors have filed neglect and drug charges against the parents of a 16-month-old boy fatally shot by his 5-year-old brother after the older child found a handgun in their apartment.
Kansas football lineman charged in connection with alleged bomb threat
University of Kansas football offensive lineman Joseph Krause made his first court appearance Tuesday after he was charged with allegedly making a bomb threat that prompted the evacuation of a stadium.
British billionaire Joe Lewis charged in U.S. over 'brazen insider trading scheme'
Lewis, who owns the Tottenham Hotspur soccer team, is accused of providing inside information to romantic partners and associates.
Man sentenced to 5 years in ‘We Build the Wall’ fraud case
The last of three men convicted in a “We Build the Wall” fundraising fraud scheme was sentenced to more than five years in prison Tuesday, federal prosecutors said.
Extreme heat and European wildfires impacting summer travel
Extreme heat across the globe and wildfires in Europe are impacting summer travel. Airline executives are predicting that the violent weather may become the new normal. NBC News’ Tom Costello shares more on what travelers need to know before leaving for their summer vacations.