Alexa
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Perrigo, Virgin Galactic rise; CarMax, Devon Energy fall

Stocks that traded heavily or had substantial price changes Thursday: Perrigo Co., up $3.83 to $47.33. The drug company reached a settlement over a tax dispute with...

Taiwan’s Foxconn Group reportedly interested in Ohio car plant

TAIPEI (Taiwan News) — Taiwan-based Foxconn Technology Group plans to buy a car plant in the American state of Ohio to build electric vehicles, unconfirmed reports said Thursday (Sept. 30). I...

Lordstown Motors acknowledges subpoenas, investigation

LORDSTOWN, Ohio (AP) — Lordstown Motors, an Ohio company under scrutiny over the number of orders it claimed it had for the electric trucks that it wants to produce, acknowledged receiving two subpoen...

Lordstown Motors reverses, says it has no firm truck orders

TOLEDO, Ohio (AP) — Struggling electric truck maker Lordstown Motors said Thursday it doesn't have any firm orders for its vehicles, just days after its president said the company had enough to mainta...

Business Highlights: Boeing-Airbus deal, AI job interviews

___ Airbus-Boeing deal eases US-EU tensions but conflicts remain BRUSSELS (AP) — The deal the United States and the European Union reached Tuesday to end their long...

Late taxes another troubling sign for electric truck startup

CLEVELAND (AP) — The failure of an Ohio-based electric truck startup to pay $570,000 in real estate taxes due in early March is yet another troubling sign for a company that has been barraged by bad n...

Lawsuit claims electric truck startup defrauded investors

CLEVELAND (AP) — A shareholder lawsuit was filed Thursday against an electric truck startup company claiming it has defrauded investors by making spurious claims about the number of preordered trucks ...

An electric Hummer? Battery-powered trucks head to showrooms

DETROIT (AP) — Seven auto companies have plans to roll out new battery-powered pickup trucks over the next two years, aiming to cash in on a popular and lucrative market for expensive vehicles. ...

Timeline of Trump's activities in week coronavirus hit home

WASHINGTON (AP) — With just a month to go until the election, President Donald Trump had a busy schedule during the week the coronavirus hit home with him. Trump tweeted early Friday that he and first...

Pence to reveal electric truck at former GM plant in Ohio

COLUMBUS, Ohio (AP) — Vice President Mike Pence heads to Ohio on Thursday for the unveiling of a new all-electric pickup truck built by the startup that took over the General Motors assembly plant shu...

Business Highlights

—- Trump's $4.8 trillion budget proposal revisits rejected cuts WASHINGTON (AP) — President Donald Trump is offering a $4.8 trillion election year budget plan that ...

Rust Belt region banks on becoming hub for electric vehicles

The day Youngstown's steel mills began shutting down 40 years ago remains fresh in the minds of those who live in the blue-collar corner of Ohio. Community leaders don’t want the recent closing of Gen...

Business Highlights

___ Trump, Dems in tentative deal on North American trade pact WASHINGTON (AP) — House Democrats have reached a tentative agreement with labor leaders and the White...

GM lending $40M to startup company buying closed Ohio plant

TOLEDO, Ohio (AP) — General Motors has agreed to loan $40 million to a newly formed company that wants to make electric pickup trucks at a massive Ohio assembly plant GM shut down earlier this year. ...

GM selling shuttered Ohio factory to electric truck maker

TOLEDO, Ohio (AP) — General Motors is selling a massive assembly plant it shut down earlier this year in Ohio, a closing that drew threats and scolding from President Donald Trump, to a newly formed c...