Business News [UP]

U.S. auto giant General Motors said Thursday it was offering a voluntary buyout program for workers not on the assembly line as part of a broader, cost-cutting effort....Read More

On the heels of bloated profits stemming from higher energy prices, energy supermajor Shell revealed Thursday that former CEO Ben van Buerden saw a 50% increase in his pay package before stepping down....Read More

The United States sanctioned eight Iranians and three entities on Wednesday, International Women’s Day, as it seeks to punish those accused of committing human rights violations against women and girls....Read More

One of the few major banks to support the cryptocurrency industry is winding down operations to begin the process of voluntary liquidation....Read More

Amid concerns that a strong labor market is forcing the hands of officials at the U.S. Federal Reserve, private payroll processor ADP showed Wednesday that hiring was robust in February....Read More

Voters in Oklahoma have overwhelming rejected a proposal to legalize, regulate and tax the recreational use of marijuana by adults in the state....Read More

Jet Blue’s acquisition of rival low-cost airline Spirit would lead to higher fares and fewer available seats for U.S. air travelers, state and federal authorities said Tuesday in a lawsuit against the merger....Read More

Offshore oil and gas production has a lower carbon footprint than other extraction methods and the sector is primed for hundreds of billions of dollars in new investments, Norwegian energy consultant Rystad Energy said....Read More

A Japanese company said Tuesday it was in the early stages of a multibillion dollar, government-backed program with Australia that’s geared toward exports of hydrogen, an emerging component of the energy transition....Read More

Best Buy struck a deal with Atrium Health on Tuesday that will enable its Geek Squad to help set up virtual hospital rooms....Read More