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Business

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Florida claims Target ‘misled investors’ with its DEI initiatives
Florida sues Target, claiming DEI initiatives 'misled investors'

TALLAHASSEE, Florida: Florida's new attorney general, James Uthmeier, filed a federal lawsuit against Target this week, claiming the...

Foxconn seeks Honda as a partner, eyes ties with Nissan, Mitsubishi
Foxconn asks Honda to form partnership, Nikkei reports

TOKYO, Japan: Foxconn has approached Honda Motor with a proposal to form a partnership, aiming to establish a broader collaboration...

Consumer Confidence Survey weighs on Wall Street
Techs tumble Tuesday but Dow Jones gains 160 points

NEW YORK, New York - There was a mix of gains and losses in the United States on Tuesday with tech stocks selling off, and industrials...

Audi plans North America expansion with location expected this year
Audi to decide where to expand North American production in 2025: CEO

BERLIN, Germany: Audi is moving forward with plans to expand production in North America, and CEO Gernot Doellner said a decision on...

Reuters survey: Bank of Japan likely to hike rates to 0.75% in Q3
BOJ to raise rates once more this year to 0.75%, most likely in Q3

TOKYO, Japan: The Bank of Japan is expected to raise interest rates at least once more this year, likely in the third quarter, bringing...

Nasdaq Composite plummets 237 points as U.S. investors fret
Profit-takers hit Wall Street but Dow Jones adds 33 points

NEW YORK, New York -  U.S. stock markets closed lower on Monday, with the major indexes showing mixed performances as investors digested...

Arizona

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Nikola Corp files for Chapter 11 bankruptcy amid EV industry struggles
Nikola goes bankrupt, to sell assets in the latest EV market turmoil

COOLIDGE, Arizona: Nikola Corporation has filed for Chapter 11 bankruptcy protection, marking another major collapse in the struggling...

Trace McSorley returns to Penn State as assistant QB coach
Trace McSorley returns to Penn State as assistant QB coach

(Photo credit: Dan Rainville / USA TODAY NETWORK) Former Penn State quarterback Trace McSorley is returning to Happy Valley as assistant...

Pacers look to close out homestand with win over Raptors
Pacers look to close out homestand with win over Raptors

(Photo credit: Nick Turchiaro-Imagn Images) After facing Western Conference contenders in the first three dates of their four-game...

Jaylen Wells, Grizzlies hand skidding Suns defeat in OT
Jaylen Wells, Grizzlies hand skidding Suns defeat in OT

(Photo credit: Petre Thomas-Imagn Images) Jaylen Wells scored seven points in overtime as the host Memphis Grizzlies held off the...

Zach LaVine, Kings aim to retain urgent tempo against Jazz
Zach LaVine, Kings aim to retain urgent tempo against Jazz

(Photo credit: Ed Szczepanski-Imagn Images) Two common themes emerged from the Sacramento Kings' blowout victory over the Charlotte...

Mercury icon Diana Taurasi retires after 20 seasons
Mercury icon Diana Taurasi retires after 20 seasons

(Photo credit: Owen Ziliak/The Republic / USA TODAY NETWORK via Imagn Images) Diana Taurasi, a three-time WNBA champion, two-time...

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