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Business

Senators grill airline officials

Members of a U.S. Senate subcommittee took aim at airline executives Wednesday for using an expanding menu of fees to charge customers for early boarding, better seats and other comforts that used to be part of the ticket price. Sen. Richard Blumenthal, D-Conn., said he thinks the federal ...

Losses in China lead to $5 billion charge for General Motors

DETROIT (AP) — The poor performance of General Motors' Chinese joint ventures is forcing the company to write down assets and take a restructuring charge totaling more than $5 billion in the fourth quarter of this year. The Detroit automaker said in a regulatory filing Wednesday that it ...

Cyber Monday shoppers expected to set a record

Consumers in the United States were scouring the internet for online deals as they looked to take advantage of the post-Thanksgiving shopping marathon with Cyber Monday. Even though e-commerce is now part and parcel of many people’s regular routines and the holiday shopping season, Cyber ...

Stellantis CEO Tavares steps down

NEW YORK (AP) — Stellantis CEO Carlos Tavares is stepping down after nearly four years in the top spot of the automaker, which owns car brands like Jeep, Citroën and Ram, amid an ongoing struggle with slumping sales. The world's fourth-largest carmaker announced that its board accepted ...

Senators launch bills encouraging CO2 capture technology

As lawmakers begin to line up their end-of-year priorities, a bipartisan group of senators, alongside a coalition of labor, economic and environmental groups, are launching an effort to support carbon capture technology in Michigan and cut down on industrial emissions. During a press ...

Loyal 2 Local backs small businesses

IRON MOUNTAIN — For Small Business Saturday, Loyal 2 Local is urging community members to shop local first this holiday shopping season. “I think the small businesses are excited for the holiday season and they will be open and hoping that people will walk through the doors on Small ...