CHARLOTTE, North Carolina — Bank of America is shaking up its executive leadership with new appointments as part of the Charlotte bank’s strategy to strengthen its global business.

Bank of America CEO Brian Moynihan made three key leadership appointments Friday, the company said in a news release after markets closed. “These leadership ...Read more

The Federal Aviation Administration proposed Friday fining Boeing $3.1 million for safety violations in the months leading up to the Alaska Airlines 737 MAX panel blowout last year.

The regulator said it “identified hundreds of quality system violations” at the manufacturer’s Renton factory and its supplier Spirit AeroSystems between ...Read more

For 15 years, Sumit Singh has hauled freight to and from Los Angeles ports and across the country.

For the first time, though, the Punjabi Sikh truck driver is now reluctant to leave the state. Three of his colleagues have been detained by immigration officers, and new trucking horror stories pop up in his WhatsApp group chat every day.

“...Read more

WASHINGTON — Stellantis NV has scrapped development of its all-electric Ram 1500 pickup truck, the company said Friday.

The transatlantic automaker made the move amid worsening consumer appetite for electric vehicles and significant rollbacks under Republican President Donald Trump of federal programs meant to support an industrywide ...Read more

Scorers and reviewers, stand by, we have ourselves a chart-topper. In 2025, the need for basic automobiles is at an all-time high. With pickup trucks exceeding $100K in some instances and seven-passenger luxury SUVs costing even more, the market needs basic entry-level commuter sedans.

In this week's Grasso’s Garage, we review the 2025 Honda...Read more

America, in case you haven’t noticed, is running on empty. We are broke, distracted and adrift in a miasma of push notifications, Amazon Prime packages and questionable social media. Thank goodness for Subaru, bless its sensible woolen socks. The automaker is offering an escape route, an unpaved path to sanity with a revised 2026 Subaru ...Read more

U.S. consumer sentiment fell in September to the lowest since May and long-term inflation expectations rose for the second straight month, as concerns about the labor market and prices weighed on the economic outlook.

The preliminary September sentiment index declined to 55.4 from 58.2 in August, according to the University of Michigan. That ...Read more

Exxon Mobil Corp. said it has invented a new form of graphite that can increase the life of electric-vehicle batteries by as much as 30%.

“We’ve invented a new carbon molecule that will extend the life of the battery by 30%,” Chief Executive Officer Darren Woods said at the University of Texas at Austin’s Energy Symposium on Friday. It�...Read more

LAS VEGAS — Over the past two decades, casinos have steadily introduced electronic table games, blending them on the floor alongside live blackjack, roulette and craps. For most of that time, ETGs were a niche add-on, appealing to certain players but never fully replacing the energy and excitement of table games with live dealers.

The shift ...Read more

WASHINGTON — It’s a bad year for a good soybean harvest as tariffs decimate export orders. Minnesota farmers were in the nation’s capital this week pleading for a bailout.

Historically, Minnesota sends two out of every three rows of soybeans overseas, typically to feed livestock. China has often bought the bulk of those exports.

As of ...Read more

BEAVER, Pennsylvania — After a weekend of racing sportscars across the plunging twists and turns of Pittsburgh International Raceway, my son and I crawled — exhausted — into our Honda Pilot SUV for the long five-hour ride home.

“Man, this car is so easy to drive,” said my 34-year-old son. “It’s so easy, a kid could drive it.”

...Read more

If the United States and European Union agree to recognize each other's vehicle regulations, it could increase access to low-cost vehicles, reduce automaker expenses and potentially ease obstacles for Chinese brands looking to enter the U.S. market, experts said.

A joint statement recently issued by the White House and the EU outlined a ...Read more

Boeing is falling behind schedule for its newest family of planes, the 777X, CEO Kelly Ortberg said Thursday.

The company is making progress on securing certification from the Federal Aviation Administration for the long-delayed Everett-based 777X program but, Ortberg said, Boeing is at a point in the process where it should be “burning down�...Read more

Warner Bros. Discovery stock jumped more than 25% Thursday after a report that the Larry Ellison-backed Paramount was preparing a cash bid to buy the company that owns HBO, CNN and the Warner Bros. studio.

The Ellison family and RedBird Capital Partners acquired Paramount last month, and has signaled that it would take bold steps as it tries to...Read more

A popular perk for California drivers of electric and low-emission cars is coming to an end.

Beginning Oct. 1, motorists with a Clean Air Vehicle decal will no longer be able to drive solo in carpool lanes because the program was not extended by the federal government, according to the California Department of Motor Vehicles.

The carpool ...Read more

You hear that?

Spotify announced Wednesday that Lossless Listening, its newest audio format, is available for premium users in select countries, including the U.S.

Lossless audio files allow for listeners to stream music using the least compressed and highest resolution audio formats can have, the company said.

Previously, when a musician ...Read more

A report recently released by real estate company Redfin makes a startling claim: San Francisco's housing costs have returned to "normal."

The City by the Bay, consistently ranked as one of the most expensive in the U.S., has seen signs that the housing market is leveling out: Home-price growth is slowing and mortgage rates are starting to fall...Read more

For many, the early months of the COVID-19 pandemic were a time of fear, sickness and disruption. But as offices and schools went remote, there were a few silver linings.

As people stayed home and the roads cleared, so did the skies — especially in car-centric cities like Atlanta.

In 2022, the federal Environmental Protection Agency declared...Read more

EL SEGUNDO, California — It's only September, but the world's toymakers and designers are converging on El Segundo this week for an industry conference to decide on the hottest toys for next year.

The city has long been a hub for the toy industry as companies like to set up shop in the shadow of Mattel, the maker of Barbie. This week, the ...Read more