Business

President Donald Trump on Wednesday proposed giving a $5,000 “dividend” payment to every adult U.S. citizen if Republicans hold both chambers of Congress after this November’s midterm elections, though the cost could add substantially to the federal deficit. Trump delivered a speech Wednesday night at the RNC’s Midterm Convention in…

Ford Motor Co. CEO Jim Farley is pushing back on Transportation Secretary Sean Duffy’s accusations that the automaker is becoming too reliant on China, calling them “basic misunderstandings” that could have been cleared up with “a simple five-minute call.” In an interview Wednesday with The Wall Street Journal, Farley rejected…

Casual dining chain O’Charley’s Restaurant & Bar is reportedly closing its remaining locations nationwide, according to employees who spoke with local news outlets, bringing the 55-year-old restaurant chain’s run to an apparent end. Managers at six of the chain’s eight remaining Middle Tennessee locations told Nashville-based WKRN that employees had…

Historic South Jersey amusement park Clementon Park & Splash World has closed its doors and will be put up for sale, its corporate owner announced Wednesday. The decision marks the second time in seven years that the historic site has shuttered. Owned and operated by Chicago-based IB Parks & Entertainment,…