US Business

China plans to give car owners up to nearly $1,400 to replace their old cars with new ones, a move to boost slowing demand in the world’s largest electric-vehicle market.

U.S. Silica Holdings has agreed to be taken private by Apollo Global Management in a deal that gives the industrial minerals company an enterprise value of roughly $1.85 billion.

A month after a higher state minimum wage for fast-food workers went into effect, consumers picking up burgers and burritos at chains in the Golden State grapple with prices rising at a faster clip than in other states.

Despite overcapacity, government officials keep supporting automakers, unleashing “new productive forces” and adding to trade tensions.

The missile supplier built a factory in Utah to produce a key chemical. So far it has struggled to take off.

How the company will make lower-price EVs remains murky, but investors seem OK—for now.

The new CEO  explains his lifestyle and his company’s approach to ketchup and Lunchables

The White House is reversing course after weighing the health benefits of the ban against the political risk of angering Black voters.

The board is considering installing a committee of top executives to run the company on an interim basis as turmoil over sale talks deepens.

The NHTSA launched a new probe into the adequacy of a two-million vehicle recall in December, after discovering more crashes linked to the controversial technology.