China moves to boost economy
BANGKOK -- China's ruling Communist Party released a 50-page road map addressing long-term challenges confronting the world's second-largest economy, while the…
Jim Kordsmeier
Business Editor
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Business People
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World Bank upgrades global outlook to 2.6%
WASHINGTON -- The World Bank upgraded its outlook for the global economy Tuesday, estimating that it will expand 2.6% this year on the strength of sustained gr…
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Russian oil exports fall after pledge
Russia's four-week average crude exports fell for a fourth week, with shipments hitting the lowest level since mid February before a meeting of the OPEC+ produ…
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Thrifty China EV grabs attention
LIVONIA, Mich. -- A tiny, low-priced electric car called the Seagull has the attention of American automakers and politicians.
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Self-driving robotaxi under investigation
DETROIT -- Amazon's self-driving robotaxi unit is being investigated by the U.S. government's highway safety agency after two of its vehicles braked suddenly a…
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Lilly reports earnings, raises forecast
Rapidly climbing sales of the new obesity drug Zepbound and its counterpart for diabetes, Mounjaro, pushed Eli Lilly to a better-than-expected first-quarter pr…
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News in brief
Grant takes winery
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Wind power capacity gusts in ’23
The world installed 117 gigawatts of new wind power capacity in 2023, a 50% increase from the year before, making it the best year for new wind projects on rec…
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Biden aims to cap credit card late fees
NEW YORK -- The Biden administration announced a rule Tuesday to cap all credit card late fees, the latest effort in the White House push to end what it has ca…
