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Automotive

General Motors lays off about 1,000 workers, cutting costs to compete in a crowded automobile market

DETROIT (AP) — General Motors is laying off about 1,000 workers worldwide, shedding costs as it tries to compete in a crowded global automobile market. The workers, mostly white collar, were notified about the decisions early Friday.
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Other countries seeking out advice from Canada ahead of Trump return: Joly

Other countries seeking out advice from Canada ahead of Trump return: Joly

LIMA — Foreign Affairs Minister Mélanie Joly says Donald Trump's return to the White House has boosted Canada's influence in the world as other international partners turn to Canada for advice on how to deal with him.
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Retail sales up solidly in October as Americans showed continued willingness to spend

Retail sales up solidly in October as Americans showed continued willingness to spend

WASHINGTON (AP) — U.S. retail sales rose last month at a healthy pace in the latest sign that consumer spending is driving the economy's steady growth. Retail purchases rose 0.
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Retail sales up solidly in October as Americans showed continued willingness to spend

Retail sales up solidly in October as Americans showed continued willingness to spend

WASHINGTON (AP) — U.S. retail sales rose last month at a healthy pace in the latest sign that consumer spending is driving the economy's steady growth. Retail purchases rose 0.
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Advance Auto Parts is closing hundreds of stores in an effort to turn its business around

Advance Auto Parts is closing hundreds of stores in an effort to turn its business around

NEW YORK (AP) — Advance Auto Parts is closing more than 500 stores and shedding another 200 independent locations as part of its efforts to revive its struggling business.
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Stock market today: Asian shares retreat after Wall Street's mixed finish, as dollar surges

Stock market today: Asian shares retreat after Wall Street's mixed finish, as dollar surges

BANGKOK (AP) — Shares retreated in Asia on Thursday after a lackluster finish on Wall Street following a report showing an uptick last month in inflation in the U.S. The dollar was trading near 156 Japanese yen, up from 155.
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Stock market today: Asian shares meander, tracking Wall Street's mixed finish as dollar surges

Stock market today: Asian shares meander, tracking Wall Street's mixed finish as dollar surges

BANGKOK (AP) — Shares were mixed in Asia on Thursday after a lackluster finish on Wall Street following a report showing an uptick last month in inflation in the U.S. The dollar was trading at 156 Japanese yen, up from 155.
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Police ID body in Montreal park as abducted crypto influencer missing since June

Police ID body in Montreal park as abducted crypto influencer missing since June

MONTREAL — Quebec provincial police say a body found in a nature park last month was that of a cryptocurrency influencer who had been missing since he was kidnapped from his Old Montreal condo in June. Kevin Mirshahi's remains, discovered on Oct.
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Elon Musk says he and Trump have 'mandate to delete' regulations. Ethics laws could limit Musk role

Elon Musk says he and Trump have 'mandate to delete' regulations. Ethics laws could limit Musk role

In picking billionaire Elon Musk to be “our cost cutter” for the U.S. government, President-elect Donald Trump won't be the first American president to empower a business tycoon to look for ways to dramatically cut federal regulations.
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Stock market today: Wall Street drifts to a mixed finish after an inflation update

Stock market today: Wall Street drifts to a mixed finish after an inflation update

NEW YORK (AP) — U.S. stocks drifted to a mixed finish Wednesday after the latest inflation update boosted hopes that more help for the economy will arrive next month through a cut to interest rates.
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