Ford CEO Jim Farley, the leader of the 122-year-old company that democratized the car for everyday Americans, said carmakers are facing three “perfect-storm moments” that could prove existential. Farley took over as CEO in 2020, but has worked at the…
When he was 19, James Broadnax jotted down rap lyrics, thoughts and even job leads in a notebook that would become evidence at his capital murder trial. Prosecutors selected lyrics with alleged references to gang affiliation and shootings to convince jurors…
President Donald Trump signed an executive order last weekend directing the FDA and other federal agencies to speed research and loosen restrictions on psychedelics, a class of hallucinogenic drugs which remain illegal under federal law. The FDA said it awarded priority review vouchers to…
An appeals court on Friday blocked President Donald Trump’s executive order suspending asylum access at the southern border of the U.S., a key pillar of the Republican president’s plan to crack down on migration. A three-judge panel from the U.S. Court of…
A surge for Intel following a blowout profit report led the U.S. stock market to more records Friday, while oil prices kept yo-yoing in the wait for what’s next with the Iran war. The S&P 500 climbed 0.8% and topped its…
Businesses have doled out as much as $4 million for last-minute plans to move boats through the Panama Canal in recent weeks, the Panama Canal Authority says, as Iran war’s effective closure of the Strait of Hormuz generates a seismic shift in global trade…
The Justice Department will adopt firing squads as a permitted method of execution as the Trump administration moves to ramp up and expedite capital punishment cases, officials said Friday. The Justice Department is also reauthorizing the use of single-drug lethal injections with…
The closed Strait of Hormuz has triggered a sharp energy shock across Asia. Last year, nearly 90% of the oil and gas transported through the strait was destined for the region. But with the waterway shut for nearly two months,…
The scramble to find enough power for artificial intelligence has data center operators looking for any solution. An unexpected one taking root pairs batteries — long seen as a key to adding more renewables — with fossil fuels. BloombergNEF has tracked 4.9…
Energy experts have been warning oil futures have been totally disconnected from the reality that exists in the physical market, but a reckoning is unavoidable and imminent, according to a top oil analyst. Futures markets have been soothed by hopes…