John Deere said that it was planning to lay off around 600 employees across three of its Midwest factories by the end of August as it intends to focus on its operations in Mexico.
Tags: US
US Adds Over 200K Jobs in June as Unemployment Rate Hits 4.1%, Highest Since 2021
In June, the US labor market added 206,000 jobs while the unemployment rate rose to 4.1%, the highest since 2021, indicating potential underlying challenges despite positive job growth.
Baltimore Business Offers to Sell Watches Using Pieces of Collapsed Bridge
Local watchmaker Tsao Baltimore recently acquired a portion of scrap metal that was once the Francis Scott Key Bridge in an effort to keep its memory alive.
China Leads the Generative AI Patents Race, Far Surpassing the US: UN Report
China filed six times more patents for artificial intelligence (AI) technologies than United States-based inventors, according to a UN report.
[TIMELINE] How Boeing Came Under Fire by Federal Lawsuit Over Fatal Crashes
Boeing has until July 5 to decide on whether to fight or plead guilty to the lawsuit filed by the Department of Justice for its alleged violation of a 2021 agreement that shielded it from criminal charges after a string of incidents involving its planes, employees, and other business lines.
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China's UN envoy criticized the United States' recent draft rules targeting investments in artificial intelligence and other tech sectors in China.
The Boston Celtics is up for sale after its majority owner, Boston Basketball Partners LLC, announced its intention to sell all of its shares in the team.
The ShowPlace Icon Theater in Chicago closed down at the end of its last day of business on June 30.
A California law requiring credit card networks to provide banks with special retail codes that could be assigned to gun stores to track their sales is set to be implemented on July 1.
In a new analysis, most Americans also owe thousands of dollars other than their home loans, with Gen X footing the most expensive bill compared to different generations.
Prescription drug prices in the US have reportedly climbed over the past decade, with a rate far surpassing inflation.
A coalition of social and racial justice groups argued in a legal brief that a federal ban or forced sale of TikTok would suppress minority voices by disrupting a crucial platform for online connection and advocacy.
Jury Orders NFL to Pay $4.7 Billion in Damages After Breaking Antitrust Laws in ‘Sunday Ticket’ Case
A jury in a California-based US District Court ordered the NFL to pay almost $4.8 billion in damages to a class action after a ruling found the league violating antitrust laws.
The US Department of Justice has launched a nationwide crackdown resulting in charges against nearly 200 individuals involved in healthcare fraud schemes totaling over $2.7 billion
