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General Motors considering listing shares of Cruise self-driving unit: Report

Elijah Nouvelage | Reuters A woman gets in a self-driving Chevy Bolt EV car during a media event by Cruise, GM’s autonomous car unit, in San Francisco, California, U.S. November 28, 2017. General Motors is considering listing shares of its Cruise autonomous driving technology unit, according to a report from …

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DOJ will not seek a stay in AT&T merger, pending potential appeal

Patrick T. Fallon | Bloomberg | Getty Images Randall Stephenson, chairman and chief executive officer of AT&T Inc., left, speaks while Jeffrey ‘Jeff’ Bewkes, chairman and chief executive officer of Time Warner Inc. The Justice Department has agreed to let AT&T complete its purchase of Time Warner, according to joint …

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US business inventories rebound in April

Daniel Acker | Bloomberg | Getty Images Employee organizes treated lumber at Maze Lumber in Peru, Illinois. U.S. business inventories rebounded in April, but a slight downward revision to retail stocks excluding motor vehicles suggested inventory investment’s contribution to second-quarter economic growth could be modest. The Commerce Department said on …

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China’s industrial output in May grew 6.8 percent

Feng Li | Getty Images Workers assemble televisions on the production line of Tianle Group Co., Ltd on July 3, 2012 in Shengzhou of Zhejiang Province, China. China’s industrial output grew 6.8 percent in May from a year earlier, missing expectations, while fixed-asset investment growth slowed to 6.1 percent in …

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Businesses capitalize on Trump-Kim summit with impersonators and more

Getty Images A man looks at a promotional poster outside a local eatery, Harmony Nasi Lemak, which offers a special Trump Kim-Chi dish to its menu on June 6, 2018 in Singapore. He even paid tribute to the U.S. leader’s trade posturing, saying that the dish used U.S. beef “to …

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Democratic lawmaker challenges Pruitt

Getty Images EPA Administrator Scott Pruitt speaks at the Faith and Freedom Coalition Road to Majority Policy Conference, at the Omni Shoreham Hotel, on June 8, 2018 in Washington, DC. Environmental Protection Agency emails show that Administrator Scott Pruitt’s top aides were told to review public records releases under the …

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Justify wins Triple Crown at Belmont Stakes

Brian Spurlock | USA TODAY Sports | Reuters Mike Smith aboard Justify crosses the finish line to win the 144th running of the Kentucky Derby at Churchill Downs, May 5, 2018. Justify won the Belmont Stakes in New York on Saturday to claim U.S. thoroughbred racing’s Triple Crown, becoming just …

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Trump signals support for legislation easing US ban on pot

Getty Images President Donald Trump talks to reporters as he departs the White House June 8, 2018 in Washington, DC. President Donald Trump says he’s inclined to support a bipartisan effort in Congress to ease the U.S. ban on marijuana. Asked Friday about a proposed bill that would reshape the …

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April wholesale inventories revised up slightly

Luke Sharrett | Bloomberg | Getty Images A worker uses a forklift to load a delivery truck with MillerCoors beverages at the Stagnaro Distributing facility in Cincinnati, Ohio. U.S. wholesale inventories were a bit higher than initially estimated in April amid increases in the stocks of motor vehicles and a …

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GameStop turns to comic books as it looks for new revenue growth

Patrick T. Fallon | Bloomberg | Getty Images Customers browse collectible video game merchandise for sale at a GameStop Corp. store in West Hollywood, California. GameStop may get more help from the likes of Batman, Wonder Woman and Iron Man. The video game retailer is looking at how traditional comic …

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