U.S. stocks soared Wednesday in the wake of Donald Trump's sweeping election victory as investors priced in potential gains for a wide range of industries and a near-term boost to economic growth.

In early trading, the Dow Jones industrial average surged more than 1300 points, or about 3%, with expectations that a second Trump presidential term...Read more

CHICAGO — Owners of vehicles parked in bike and bus lanes downtown can now receive warnings and, soon, tickets in the mail, as a delayed program to test automated ticketing for the parking infractions has begun.

The pilot program, which uses cameras on eight city vehicles to enforce parking violations, began Monday. For the first month ...Read more

DETROIT — General Motors Co. is pushing ahead with its reentry into Europe using a direct-to-consumer electric-vehicle sales model despite a slumping market there — and experts contend the play could pay off for the Detroit automaker.

GM started selling the Cadillac Lyriq EV in Europe last year and has opened what it calls Cadillac City ...Read more

Ford Motor Co.'s commitment to pay for home electric vehicle chargers and their installation didn't prevent the automaker from reporting an 8.3% decrease in U.S. electric vehicles sales in October compared to a year ago, its first year-over-year decline since January.

The Dearborn automaker, starting Oct. 1, said buyers through the rest of the ...Read more

Walmart’s $7.5 million settlement with California Attorney General Rob Bonta over the company’s alleged dumping of toxic waste into municipal landfills made headlines last month as an environmental win for the state.

But what got less attention is that it is just the latest in California’s aggressive crackdown on environmental injustice ...Read more

Bitcoin jumped to a record as traders around the world watched results trickle in from a U.S. presidential election that pits digital-asset supporter Donald Trump against Kamala Harris, who served as vice president during a government crackdown on the industry.

The original cryptocurrency rose more than 8%, rising above $75,000 as of 10:08 p.m....Read more

LeBron James’ production company, the SpringHill Co., is in talks to merge with Fulwell 73, the London-based studio behind “The Kardashians,” according to a person familiar with the matter who was not authorized to speak publicly.

Financial details of the potential agreement were not immediately available.

The SpringHill Co. declined to ...Read more

Coca-Cola and its rival PepsiCo are entangled in a lawsuit filed in California that alleges they misled the public about the recyclability of their plastic bottles.

Los Angeles County filed suit against the corporations last week, claiming the two made consumers believe that purchasing their products in single-use plastic is an environmentally ...Read more

About 70 union production workers have gone out on strike at a Woodbridge Corp. factory in Lithonia, Georgia.

Members of the United Auto Workers Local 472 want raises and better benefits, including sick days, according to union officials and workers.

The plant makes seating and dashboard components for manufacturers of cars and golf carts. Its...Read more

California will receive $122 million in a settlement agreement with Kroger, the grocery chain and parent company of Ralphs, to resolve lawsuits over its alleged role in the opioid crisis and how its pharmacies dispensed prescription painkillers to customers.

The payment finalizes a deal the company struck last year to resolve nearly all the ...Read more

Americans are expected to spend a record amount (between $979.5 billion and $989 billion) on holiday gifts and décor this November and December, according to the National Retail Federation. Inflation and high interest rates are important parts of the story, but there’s not much evidence that people are planning to cut back, either.

Only 1 in...Read more

A $5 billion facility to manufacture jet fuel for airplanes is coming to Moorhead, Minnesota.

DG Fuels, a Washington D.C.-based energy company, announced it’s putting a sustainable aviation fuel (SAF) plant in Clay County, bringing 650 jobs to northwestern Minnesota’s border with North Dakota.

The facility, which expects to start ...Read more

By any measure, the lawbreaking by the U.S. subsidiary of Canada's Toronto-Dominion Bank was spectacular.

The bank, which goes by the name TD Bank in the U.S., facilitated the laundering of more than a half-billion dollars by human traffickers, fentanyl dealers, a major Ponzi schemer and others. It failed to file legally mandated reports of ...Read more

In late 2022, Facebook parent Meta saw ChatGPT go viral and went all in on developing its own version of generative artificial intelligence. But a whistleblower claims in a new lawsuit that after she pointed out that the social media giant’s revenue projections for the technology were inflated by $1.5 billion — a number pulled “out of thin...Read more

LOS ANGELES — Every few Fridays, in the middle of the night, a line forms outside the Pop Mart store at Westfield Century City.

It's the same scene over at Glendale Galleria. And at South Coast Plaza. Victoria Gardens in Rancho Cucamonga, too.

They come by the hundreds, all vying for the latest Labubu, a furry toy character with rabbit-like ...Read more

SEATTLE — Striking Machinists voted Monday to approve the company’s most recent contract offer, ending a strike and enabling Boeing to begin restarting work at assembly plants in Everett and Renton that have been stopped for eight weeks.

Results announced late Monday showed the offer, which needed a simple majority to gain approval, was ...Read more

Apple has been accused by the National Labor Relations Board of trying to prevent employees from discussing pay equity and pressuring an engineer who attempted to circulate an online survey about wages to quit.

In a complaint issued last week by the NLRB’s regional office in Oakland, federal labor regulators alleged Apple has unlawfully ...Read more

Franchise Group, the company at the heart of a troubled management buyout that has devastated the stock of B. Riley Financial, has filed for bankruptcy — but plans to keep open most of its retail brands, including Vitamin Shoppe.

The retailer filed for Chapter 11 bankruptcy protection on Sunday, announcing it already had a deal with about 80%...Read more