Business

Honda posted its first loss since 1957 as it took a multibillion-dollar hit from scaling back its electric-vehicle plans.Honda posted its first loss since 1957 as it took a multibillion-dollar hit from scaling back its electric-vehicle plans. Honda Motor Co Ltd, Electric and Hybrid Vehicles, Automobiles, Japan, Company Reports, United States Read More

Fervo Energy, which uses drilling techniques from the oil and gas industry to produce power from the earth’s heat, raised $1.9 billion in an initial public offering.Fervo Energy, which uses drilling techniques from the oil and gas industry to produce power from the earth’s heat, raised $1.9 billion in an initial public offering. Geothermal Power, Alternative

New York City’s mayor said the company’s proposed acquisition of Intermex could make it costlier for immigrants to send money abroad.New York City’s mayor said the company’s proposed acquisition of Intermex could make it costlier for immigrants to send money abroad. Mamdani, Zohran, New York City, Department of Financial Services (NYS), Western Union Company, International Money

Vice President JD Vance said the state had not done enough to fight fraud in the public health insurance program.Vice President JD Vance said the state had not done enough to fight fraud in the public health insurance program. United States Politics and Government, Medicaid, Health Insurance and Managed Care, Frauds and Swindling, Welfare (US), Medicare,

Electric vehicle sales have soared in Europe and much of the rest of the world, but Americans are still hesitant.Electric vehicle sales have soared in Europe and much of the rest of the world, but Americans are still hesitant. Electric and Hybrid Vehicles, Oil (Petroleum) and Gasoline, Automobiles, Prices (Fares, Fees and Rates), US and Israeli

Here’s what to know about the biggest sources of tension in U.S.-China relations before the first summit in Beijing in nine years between the nations’ leaders.Here’s what to know about the biggest sources of tension in U.S.-China relations before the first summit in Beijing in nine years between the nations’ leaders. Embargoes and Sanctions, US and

President Trump’s pick to replace Jerome H. Powell takes the helm at a highly uncertain moment for the economy and with heightened concern about the Federal Reserve’s ability to operate independently.President Trump’s pick to replace Jerome H. Powell takes the helm at a highly uncertain moment for the economy and with heightened concern about the

Dozens of long-shot bets on Polymarket, from the war with Iran to the cryptocurrency market, have defied the odds, according to a New York Times examination.Dozens of long-shot bets on Polymarket, from the war with Iran to the cryptocurrency market, have defied the odds, according to a New York Times examination. Insider Trading, Virtual Currency, Gambling,

The president’s middle son is said to be joining his father in a “personal capacity” rather than to make business deals.The president’s middle son is said to be joining his father in a “personal capacity” rather than to make business deals. United States Politics and Government, United States International Relations, Trump Organization, Biden, Hunter, Trump, Donald

The deliberations are a sign that the Trump administration may once again try to harness the power of the I.R.S. to advance its immigration agenda.The deliberations are a sign that the Trump administration may once again try to harness the power of the I.R.S. to advance its immigration agenda. United States Politics and Government, Illegal Immigration,