Latest News Updates From Associated Press

GovernmentBusinessFuelAutonomous

Musk Invites UAW to Hold Organizing Vote at Factory

DETROIT Elon Musk is inviting the United Auto Workers union to hold an organizing vote at Teslas factory in Fremont, Calif.

March 3, 2022
GovernmentBusinessLogistics

Biden Hits Russia With Sanctions, Says Putin Chose War

President Joe Biden ordered broad new sanctions targeting Russia on Feb. 24 after its invasion of Ukraine, declaring that Russian leader Vladimir Putin chose this war and his country will bear the consequences.

February 24, 2022
Business

Stellantis Reaps $15 Billion Profit in First Year of Merger

FRANKFURT, Germany Automaker Stellantis said Feb. 23 that it made 13.4 billion euros ($15.2 billion) in its first year after it was formed from the merger of Fiat Chrysler Automobiles and PSA Group and would pay out record profit-sharing checks to unionized U.S. workers.

February 23, 2022
GovernmentBusinessSafety

Ottawa Police Arrest Dozens After 3-Week Protest

OTTAWA Police began arresting protesters Feb. 18 in a bid to break the three-week-long string of protests around Canadas capital by hundreds of truckers angry over the countrys COVID-19 restrictions.

February 18, 2022
BusinessTechnologyEquipment

Intel Says It Will Buy Tower Semiconductor for $5.4 Billion

SANTA CLARA, Calif. Intel said it is buying Israeli company Tower Semiconductor for $5.4 billion in a deal that could give the California chipmaking giant an edge in the business of making custom-designed chips.

February 15, 2022
GovernmentBusinessLogistics

Port of Savannah Reports Record Cargo Volumes for January

SAVANNAH, Ga. The Port of Savannah has added another month to its streak of record cargo volumes amid a surge that has forced U.S. seaports to scramble to meet demand.

February 14, 2022
BusinessLogistics

Maersk Sees Record Profit as Demand Surges

COPENHAGEN, Denmark Maersk said that 2021 was its most profitable year yet, bringing in $18.7 billion as surging demand from a rebounding global economy led to supply chain logjams.

February 9, 2022
GovernmentBusinessFuel

Senators Call for Gas Tax Suspension to Blunt Rising Prices

WASHINGTON Some Democratic senators on Feb. 9 called for suspending the federal gas tax for the remainder of the year to help consumers struggling with rising fuel prices.

February 9, 2022
BusinessFuel

Exxon Restructures Divisions, Packs Up for Houston

NEW YORK Exxon Mobil is restructuring its business into three divisions and moving its headquarters 250 miles south from Irving, Texas, to its campus north of Houston.

January 31, 2022
GovernmentBusinessTechnology

Ohio Lured Intels Chip Plant With $2B in Incentives

COLUMBUS, Ohio Ohio offered Intel Corp. incentives worth roughly $2 billion to secure a new $20 billion chipmaking factory that the company says will help alleviate a global shortage and create a new technology hub in the Midwest.

January 28, 2022