Business News [UP]

Shell, one of the largest oil producers in the world, on Thursday reported record earnings for the second quarter in a row as energy prices are running high and fueling inflation....Read More

Sprite will shift to a clear bottle that is more easily recycled into new bottles in August with other Coca-Cola beverages to follow in the coming months, the company said Wednesday....Read More

Spirit Airlines has canceled its merger with Frontier, ending months of negotiations to form the fifth-largest U.S. carrier and reopening takeover talks with JetBlue Airways....Read More

Releasing millions of barrels of oil from the U.S. Strategic Petroleum Reserve has likely reduced the price of gas at the pump by up to 40 cents per gallon, according to Treasury Department estimates....Read More

Existing home sales in the United States declined during the month of June by a wider margin than most analysts expected, an industry report said Wednesday....Read More

President Joe Biden’s bill that would incentivize domestic production of semiconductor chips cleared a Senate procedural vote Tuesday morning to break a filibuster and is now headed for a final vote later this week....Read More

The Dow Jones Industrial Average fell 228 points on Tuesday as retail stocks dragged the market down....Read More

The cost of gasoline in the United States declined by a few cents per gallon on Tuesday and it appears that part of the reason for the recent slide is that Americans are driving less, experts...

3M announced on Tuesday that it will spin off its healthcare business into a separate company to focus on specific areas of the industry....Read More

The U.S. Energy Department on Monday announced a conditional $2.5 billion loan for a joint venture between General Motors and LG to build lithium-ion battery cell manufacturing facilities in Ohio, Tennessee and Michigan....Read More