Business News [UP]

South Korea’s Ministry of Land, Transport and Maritime Affairs has ordered seven automakers to recall about 54,000 vehicles over part defects....Read More

The Chinese financial capital of Shanghai reported a record 3,590 new symptomatic cases Saturday as the key industrial city remained under lockdown amid a surge in COVID-19....Read More

The Department of the Interior announced Friday that President Joe Biden’s administration would resume oil and gas leases on federal land but has increased the royalty rate that companies pay to the government....Read More

Twitter’s board of directors unanimously voted Friday to block Tesla and SpaceX CEO Elon Musk’s bid to buy the company for $43 billion, the social media giant said in a statement....Read More

Life would be better for farm animals if children were in charge, a new study suggests. Unlike adults, kids think the animals should be treated the same as pets and are less likely to see eating...

If you haven’t filed your taxes yet and panicked Friday at the sight of April 15 on the calendar, you can breathe easy — the tax deadline this year isn’t until next week....Read More

A federal judge on Thursday cut a payout awarded to a former Tesla contractor for racial discrimination he faced at the company from $137 million to $15 million....Read More

The Dow Jones Industrial Average fell 113 points Thursday as investors weighed mixed bank earnings and rising inflation....Read More

U.S. retail sales were up for the third straight month in March, official figures said Thursday — led mostly by higher gas prices as inflation continued to impact consumer spending in the domestic economy....Read More

The federally sponsored mortgage corporation Freddie Mac said Thursday that 30-year fixed-rate mortgage rates have hit an average of 5%, nearly 2% above from where they sat a year ago as home purchases slow....Read More