Business

Millions more Americans could become eligible for overtime pay. The Biden-Harris administration announced a final rule Tuesday that raises the minimum salary threshold to qualify for time-and-a-half pay after 40 hours of work in a week. Proponents …

The United Auto Workers just notched a historic victory in Tennessee, the union’s first major win since signing new contracts in Detroit as it shifts focus to the South. Some industry workers there feel more …

TikTok’s fate in the U.S. has never been more in doubt after Congress approved a bill that gives its parent company two options: sell it to an approved buyer or see it banned. President Joe …

Beleaguered seafood chain Red Lobster is seeking a buyer as it looks to avoid filing for bankruptcy, CNBC has learned.  The company has considered filing for bankruptcy to help it restructure its debt and get out of …

A made-in-China electric vehicle will hit U.S. dealers this summer offering power and efficiency similar to the Tesla Model Y, the world’s best-selling EV, but for about $8,000 less. The EX30 from Volvo Cars, the …

Southwest Airlines on Thursday posted a wider loss for the first quarter than the same period last year and warned that Boeing’s airplane delays will hamper its growth into 2025. The airline expects to grow capacity 4% this …

The Biden administration is sending out $5.6 million in refund payments to certain Ring home security system customers after the company settled a federal complaint accusing it of security lapses. In a statement this week, …

In addition to a cease-fire in Gaza, protesters on college campuses across the country are calling on their schools to divest from all financial support of Israel. Divestment usually refers to selling shares in companies …

Shares of Trump Media shot up more than 9% on Wednesday, hours after the company revealed it was urging House Republican committee leaders to investigate possible “unlawful manipulation” of its stock. The stock boost also came one day after a …

With the economy humming along and the stock market, despite some recent twists and turns, hanging in there pretty well, it’s a tough case to sell that higher interest rates are having a substantially negative …